The largest share of methane emissions footprint from EU gas consumption is estimated to come from upstream emissions in countries supplying gas to the EU. A methane performance standard on natural gas can be defined for the upstream segments of the gas supply chain using an existing methane emissions reporting framework (OGMP 2.0) and targets and definitions already developed by industry. A methane performance standard could take the form of a mandatory requirement that all natural gas sold on the EU internal market meets a benchmark upstream emission intensity value equivalent to 0.2%. To cover both imported and domestically produced gas, the point of obligation for a methane performance standard would likely need to be all EU gas shippers. To incentivize shippers to conform with the performance standard, they would need to be penalised for the portion of their gas volumes for which the methane emission intensity exceeds the benchmark value.
India has embarked on an ambitious sustainable development pathway by applying a multipronged approach spanning several sectors from developing smart cities to enabling electric vehicles. In the power sector, it [...]
To increase the share of RES-E, governments have designed and implemented promotional policies which provide direct and indirect financial aid to RES-E adapters and developers. These promotional policies include several [...]
About 1,100 TWh of natural gas can be stored in 115 storage facilities in 19 countries in the EU27 area, accounting for 25-30% of European consumption in winter periods. Securing [...]
The outbreak of the Russia-Ukraine war has revived discussions on the EU’s dependence on fossil fuel imports from Russia. To ensure gas diversification, the EU Commission has suggested over a [...]
The recent surge in energy prices has prompted many governments to introduce emergency measures to reduce the impact on consumers’ electricity and gas bills. In its REPowerEU Communication of 8 [...]
Different measures for carbon leakage prevention across Emissions Trading Systems (ETSs) may distort economic competition between firms. The same is true of competition between jurisdictions if decisions on the location [...]
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