Dr Christoph Riechmann, Director in Frontier’s Energy practice, presented at the Balkan and Black Sea Petroleum Association  Regional Oil & Gas Conference.

The conference, held in Istanbul, focused on the future decarbonisation of the gas sector and its relevance for south-eastern Europe. 

In his presentation Christoph emphasised that gas demand in south-eastern Europe is driven by industrial and residual use that exhibits a strong seasonal pattern and relies on stable and secure supply. This requires seasonal storage of energy in form of gas.

Low-carbon gases, e.g. produced by Power-to-X (PtX) technologies based on renewable energies will be key for the global energy transition.  The technology is yet to achieve learning curve effects and a recent Frontier study shows that non-European producers are at a cost advantage. However, the recent ENTSO scenario report also shows a potential for low carbon gas in south-eastern Europe. In order to exploit this potential a reform to current market designs and climate policy are essential. European authorities like CEER and ACER have already started consulting on market design for a future gas market and more policy input will follow.

Frontier regularly advises on global energy transition, renewable energies and synthetic fuels produced by PtX technologies.

For more information, please contact media@frontier-economics.com or call +44 (0) 20 7031 7000.