This paper discusses the supply of regasified LNG to the wholesale gas market and its contribution to UK energy security in the context of the fundamental changes to European gas price-formation in the last decade. It examines the three parts of the LNG supply chain; the functioning of the...

The impact of the Russia-Ukraine war on the natural gas trade, inter alia, continues to be felt well beyond Europe’s borders. As the accelerated decarbonisation of the world’s economies is being pushed forward, Europe’s unexpected interest in alternative sources of gas imports to replace...

This note argues that in a situation of an inelastic natural gas supply a restrictive monetary policy in the euro zone could reduce the energy bill and therefore has additional merits. A more hawkish monetary policy may be able to indirectly use monopsony power on the gas market. The welfare...

The energy crisis, catalysed by the Russian invasion of Ukraine, has disrupted the global gas market. This analysis out to 2030 assesses the impact of the crisis and considers whether this may lead to a fundamental change in the global gas market or whether it my just be a slight blip in the...

Many countries in sub-Saharan Africa have set targets for non-hydro renewable energy but lag in implementation. The dominant approaches to analysing energy transitions have largely been developed based on European experience and provide a limited understanding of such developments in African...

The energy transition is leading to profound changes in all parts of the energy system, but the reduction of fossil fuels in the heating sector is a major challenge for the energy sector. The changing heat-generating structure also affects its supply infrastructures. The impact on the existing...