Gas will remain essential to a competitive and well-functioning energy market for decades to come and the gas system will remain crucial for decarbonisation pathways. Eurogas strives to ensure the continuous development of the internal energy market, operating in the interests of consumers and Europe’s economic welfare and capable of adapting to future changes. Full and appropriate implementation of the Third Energy Package is key to this.
Gas has an essential role to play in the energy transition. The starting point for Eurogas in assessing gas market issues is that a well-functioning market will be the most effective means to support the conversion to a fully sustainable energy economy.
The EU’s flagship Energy Union project puts the consumer at the centre of the retail energy market, recognizing that customers—including the most vulnerable—should benefit from a competitive energy market.
Eurogas aims to protect and empower consumers, broadening their choices and enabling them to better manage their energy needs. Work is under way that involves regulators, companies and consumers to achieve a pro-competitive and non-discriminatory, robust and growing gas market that benefits customers.
Eurogas supports the EU’s energy policy objectives for a sustainable, competitive and affordable energy system. Gas offers great value to consumers both in terms of energy efficiency and greenhouse gas emissions reduction.
In heating, gas offers consumers an affordable, reliable, efficient and flexible solution.
The price of gas to households across Europe is approximately one-third that of electricity; on average, gas supply to households is four times cheaper than for industry. Also, consumers are able to choose from a wide range of gas-based appliances, the costs of which tend to be the most competitive option for consumers.
Gas is also an affordable fuel to cut emissions in transport, benefitting air quality in the short term and the climate in the long term.
The market is the most appropriate tool to achieve a sustainable energy system at competitive costs.
Completion of the internal energy market will deliver more integrated balancing markets and better functioning intraday markets for both electricity and gas. A well-functioning energy market requires a level playing field for different technologies, as well as the coupling of the electricity and gas sectors right from the start.
Gas is a key element in a cost-efficient, secure and affordable low-carbon energy system. Its flexibility helps to back up and store electricity from intermittent renewable sources – in both centralised and decentralised systems.