Deep dive industry and refineries
With the REPowerEU plan, the EU has set the goal of eliminating its dependence on Russian fossil fuel imports well before 2030, signalling the end of deceptively cheap pipeline gas supplies from Russia. But despite REPowerEU’s focus on the need to reduce fossil gas consumption and diversify fossil gas supplies in the 2030 perspective, the EU has not gone as far as to explicitly draw a pathway out of fossil gas.
In the context of the ongoing legislative processes on gas-market legislation and ahead of upcoming debates on the EU's 2040 climate ambitions, there is a growing urgency to make sure no investments are made into future technological lock-ins and potentially stranded investments that could compromise the achievement of the climate targets. A fundamental rethinking of the projected role of fossil gas as a "bridge fuel" to a clean economy is imperative in order to prepare for a structured substitution and phase-out process.
In a new report, Agora Energiewende outlines a vision for a complete fossil gas phase-out pathway for the EU, covering the energy, buildings and industry sectors based on modelling work carried out by Artelys, TEP Energy and the Wuppertal Institute. In a series of webinars, we will present the key findings and policy implications of the report and provide a deeper look at the sectoral results.
Together with the Wuppertal Institute, this third session in the series covered industry in the EU-27, provided more detailed insights on how industrial energy and feedstock demand must evolve towards 2050 to transition the different industry sub-sectors away from fossil gas. A special focus was placed on the role of hydrogen, heat pumps, CCS/CCU and the transformation of the refinery sector.
The webinar followed two earlier webinars presenting the overall results (4 May) as well as taking a deep dive into the power sector and energy supply (24 May). There will be a third deep dive on buildings and district heating (22 June). To view a recording of these events please click the according link in the “all content” section below.
Presentation
The slides can be found in the download section below.
Recording
We have recorded the event. The recording can be found above.
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