IAM COMPACT article: “Three different directions in which the European Union could replace Russian natural gas”
How can Europe face the energy crisis fuelled by the Russian invasion of Ukraine in the long term?
The IAM Compact Project team’s new article contributes to both literature and the heated policy discourse, by exploring explicit directions of how Russian gas could be phased out in Europe, as well as their implications benchmarked against actual climate targets for 2030 and 2050, enabling to identify insights into the trade-offs and synergies between three different considered approaches to replacing Russian gas: (a) replacing with other gas imports, (b) boosting domestic energy production, and (c) reducing demand and accelerating energy efficiency.
The authors also employ a diverse ensemble of models of different structure and theory, thereby enhancing the robustness of resulting policy prescriptions and our understanding of the future uncertainty space based on four established Integrated Assessment Models (IAMs), as well as allowing to extract finer sectoral insights via interlinkages with two sectoral modelling tools. Supplementary data is also provided by the authors.
Read the ful article and the results of the research by Nikas, A., Frilingou, N., et. al, Three different directions in which the European Union could replace Russian natural gas,
Energy, Volume 290 (2024), https://doi.org/10.1016/j.energy.2024.130254.