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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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However, the resulting low gas prices, as well as clean air and climate policies, will promote further switching to gas from other more polluting energy sources, such as oil and coal. The pandemic has created disruption in the global energy sector, but low gas prices will ultimately stimulate demand growth as the economy recovers.

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Europe/US team: transitioning to a low-carbon world will create new rivalries, winners and losers

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Nigeria or Algeria cannot do the same for their oil industry. Fossil-fuel exporters rush to produce as much as they can, despite falling prices and constraints on trade. From these scenarios, the authors derice a set of lessons: The falling costs of technology will deliver a low-carbon world. —Goldthau et al.

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Europe moves forward on the Energy Union; transport key element

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Latest data shows that the EU imports 53% of its energy at a cost of around €400 billion (US$454 billion), making it the largest energy importer in the world. Greater transparency on energy costs and prices as well as on the level of public support will enhance market integration and identify actions that distort the internal market.