Skip to content
CERRE think tank Logo
  • About us
    • About CERRE
    • Our team
    • Board of Directors
    • The CERRE Story
    • Careers
    • Transparency & Independence
    • FAQs
  • Areas of expertise
    • Energy, Mobility & Sustainability
    • Tech, Media, and Telecommunications
    • Cross-sector
  • Publications
    • Ambitions for EU 2024 – 2029
    • Global Governance for the Digital Ecosystems
  • Events
    • Upcoming events
    • Past events
  • Blogposts
  • Insights
  • Media Room
    • Press Releases
    • Press Coverage
  • Membership
    • Our members
    • Become a member
  • Contact
  • About us
    • About CERRE
    • Our team
    • Board of Directors
    • The CERRE Story
    • Careers
    • Transparency & Independence
    • FAQs
  • Areas of expertise
    • Energy, Mobility & Sustainability
    • Tech, Media, and Telecommunications
    • Cross-sector
  • Publications
    • Ambitions for EU 2024 – 2029
    • Global Governance for the Digital Ecosystems
  • Events
    • Upcoming events
    • Past events
  • Blogposts
  • Insights
  • Media Room
    • Press Releases
    • Press Coverage
  • Membership
    • Our members
    • Become a member
  • Contact
Filter by Sectors





Publications
#Energy & Sustainability

Energy security and sustainability: what role for gas in the Energy Union?

  • April 23, 2015
Share.
Document(s)
POLICY PAPER | Energy security and sustainability: what role for gas in the Energy Union?

It is beyond dispute that the fight against climate change requires a drastic reduction in greenhouse gas emissions. Given that lion’s share of total emissions comes from the energy sector, and given its great potential to reduce them through the integration of renewables in the energy mix, climate and energy policies are bound to be closely linked to one another. The smart avenue is to design a framework in which security and sustainability can be achieved at least cost.

The public good attributes of energy security and energy sustainability call for regulatory intervention in this area. Indeed, both issues are at the core of the EU’s energy and climate policy, as demonstrated by the recently released Energy Union package. The completion of the internal market is a key driver to achieve both goals, as it makes Europe more resilient to external energy supply shocks and allows for a more effective integration of renewables into the energy mix. As an indigenous source, renewables are indeed key contributors to the security of supply, but their intermittency strenghtens the need to resort to gas as a back-up for electricity generation.

This CERRE Energy & Climate policy paper aims at assessing the role of gas in the Energy Union. It underlines that despite natural gas has a role to play as a key provider of security of supply, the achievement of climate change goals together with the need to reduce Europe’s dependence from imported fossil fuels imply an arguably reduced role for gas in the 2030-2050 horizon.

Author(s)
Loading...
Nfabra 0
Natalia Fabra
CERRE Honorary Academic Director
Universidad Carlos III de Madrid

Professor Natalia Fabra is a Professor in the Economics Department of Universidad Carlos III de Madrid. She is also Research Affiliate at the Centre of Economic Policy Research in London and Associate Editor of the Journal of Industrial Economics. She edits RePEc’s New Economic Papers on Regulation. In the past, Natalia has been a visiting scholar at various universities, including the University of California Energy Institute, the Institut d’Economie Industrielle (Toulouse), and Nuffield College (Oxford). Natalia works in the field of Industrial Organisation, with emphasis on Regulation and Competition Policy issues. She has worked extensively on the economic analysis of electricity markets. She holds a PhD from the European University Institute.

Professor Natalia Fabra is a Professor in the Economics Department of Universidad Carlos III de Madrid. She is also Research Affiliate at the Centre of Economic Policy Research in London and Associate Editor of the Journal of Industrial Economics. She edits RePEc’s New Economic Papers on Regulation. In the past, Natalia has been a visiting scholar at various universities, including the University of California Energy Institute, the Institut d’Economie Industrielle (Toulouse), and Nuffield College (Oxford). Natalia works in the field of Industrial Organisation, with emphasis on Regulation and Competition Policy issues. She has worked extensively on the economic analysis of electricity markets. She holds a PhD from the European University Institute.

Jose Luis Moraga
Jose Luis Moraga
Professor of Microeconomics
Vrije Universiteit Amsterdam

Professor José Luis Moraga joined CERRE as Research Fellow in December 2014.

He is a Professor of Microeconomics at VU University Amsterdam. He holds a PhD in Economics from the Universidad Carlos III de Madrid.

José Luis is an ICREA Research Professor (on leave) and worked at the Department of Economics at IESE in Barcelona from 2009 to 2011.

In addition to the study of the market imperfections generated by transaction costs, his research interests include energy economics, two-sided markets, advertising and research and development networks.

His work has been published in leading economic journals, including the Journal of Political Economy, the Review of Economic Studies and the Rand Journal of Economics.

José Luis’ research in energy economics is mainly focused on transparency in forward markets, access pricing for and investment in interconnectors, and the role of open seasons.

Professor José Luis Moraga joined CERRE as Research Fellow in December 2014.

He is a Professor of Microeconomics at VU University Amsterdam. He holds a PhD in Economics from the Universidad Carlos III de Madrid.

José Luis is an ICREA Research Professor (on leave) and worked at the Department of Economics at IESE in Barcelona from 2009 to 2011.

In addition to the study of the market imperfections generated by transaction costs, his research interests include energy economics, two-sided markets, advertising and research and development networks.

His work has been published in leading economic journals, including the Journal of Political Economy, the Review of Economic Studies and the Rand Journal of Economics.

José Luis’ research in energy economics is mainly focused on transparency in forward markets, access pricing for and investment in interconnectors, and the role of open seasons.

More publications

on #Energy & Sustainability

Cross-Border Cost Allocation for Electricity Transmission Networks
24 June 2025
Flexibility in the Energy Sector
27 May 2025
Market Design Options for CCS in Europe: CO2 Transport and Storage Regulation
25 March 2025
Europe’s Pathways to Net Zero: The Role of Renewable Gases and Flexibility
15 October 2024
Speeding Up Renewable Energy Permitting in Europe: Overcoming Implementation Challenges
15 October 2024
A Balanced Path to a Net Zero Future: Expansion, Flexibility, Integration and Innovation
15 October 2024
Securing Europe’s Net Zero Path with Flexible LNG
25 September 2024
Ambitions for Europe 2024-2029
27 June 2024
Towards a More Dynamic Regulation for Energy Networks
26 March 2024
Scaling up Offshore Wind Energy in Europe
11 October 2023

Stay informed

Subscribe to our newsletter for our latest updates

Subscribe now

Centre on Regulation in Europe asbl (CERRE)

Avenue Louise, 475 (box 10)
1050 Brussels, Belgium
T.: +32 2 230 83 60
E-mail: info@cerre.eu  

Linkedin-in Youtube Link
  • Copyright CERRE 2010-2023
  • BE 0824446055 RPM Bruxelles
About
  • About Us
  • Team
  • Board of Directors
  • Annual review
  • Careers
  • Transparency & Independence
  • FAQs
Expertise
  • Energy, Mobility & Sustainability
  • Tech, Media, Telecom
  • Cross-sector
More
  • Publications
  • Events
  • Blogposts
  • Insights
  • Privacy & Legals
  • Cookie Policy

Centre on Regulation in Europe asbl (CERRE)

Avenue Louise, 475 (box 10)
B-1050 Brussels – Belgium
T.: +3222308360
E-mail: info@cerre.eu 

BE 0824446055 RPM Bruxelles

Linkedin-in Youtube
About
  • About Us
  • Team
  • Board of directors
  • Annual review
  • Careers
  • Transparency & Independence
  • FAQs
Expertise
  • Energy & Sustainability
  • Tech, Media, Telecom
  • Mobility
  • Cross-sector
More
  • Publications
  • Events
  • News & insights
  • Our members
  • Become a member

This website uses cookies to ensure you get the best experience.

OK
CERRE Privacy Policy