Natural gas key to energy and climate targets

“Europe is facing a huge challenge as the energy demand is growing while carbon emissions need to be reduced,” says Rune Bjørnson, senior vice president for Natural gas in Statoil.

Natural gas should play a key role in reaching Europe’s 2050 climate targets in the most cost-efficient manner, according to a report published today by the European Gas Advocacy Forum (EGAF).

Statoil participates in the EGAF together with a number of other key gas players. The EGAF report addresses how Europe can reach the target of at least 80% reduction in its carbon dioxide emissions in 2050.

“The EGAF report presents a roadmap where one of the main measures is replacing coal with natural gas in the power sector in the next decades. This will cater for immediate and major emission cuts, and is a realistic and cost-efficient way of reducing climate emissions in Europe.”

Natural gas is cost competitive, CO2-emission are up to 70% lower than those of coal, it is based on known technology and provides a robust and predictable power supply.

“The report presents a roadmap where replacing coal with natural gas is combined with a significant growth in renewable energy sources and a further development and maturing of emission-reducing technologies. The combination of increased use of natural gas and growth in renewable energy is a robust pathway for Europe in reaching its carbon emissions targets,” underlines Bjørnson.

Related news

Latest news

New order for Servogear

Servogear announces that they have received a new order from Brødrene Aa. 

Norwater AS reports boost in sales

The Norwater team reports of great interest and busy days in 2016. In a press release, they state that as of the first 8 months of the year, 2016 sales are already beyond target for the year as a whole.

Gaia-facts reaching ground control

The European Space Agency (ESA) has released the first data from the Gaia mission, which has the tremendous task of building the most precise 3D map of the Milky Way.

Polish delegation for Norwegian circular waste management

Against the background of the EU's ambitious waste management targets, Norwegian and Polish stakeholders met on Wednesday 14 September in Drammen.

Milestone at Mongstad Water Treatment Plant

SAR AS reports that an extensive upgrade to the water treatment plant at Mongstad reached a new milestone July. 

Servogear signs new contract with Özata Shipyard

Servogear has announced the signing of a new contract with Özata Shipyard in Turkey. The contract includes the delivery of Servogear Ecoflow PropulsorTMfor two 39 meter passenger catamarans (YN 41 & YN 42).

Statoil and Petrobras strengthen strategic partnership

Statoil reports that they have strengthened their cooperation in Brazil by signing a Memorandum of Understanding (MoU) with Petrobras.

TechInvent and Island Offshore/Centrica announced winners of ONS Innovation Award

TechInvent and Island Offshore/Centrica were announced winners of the ONS 2016 Innovation Awards, at the Innovation Awards Ceremony Tuesday 30 August.

Alu Design chair in Star Trek Beyond

Alu Design boldly goes where no maritime chair manufacturer has before, as MH OCH 300 operator chair lands starring role in Star Trek Beyond.