The Gas Value Chain Company

This section encompasses a wide range of GVC related information:

  • ‘Events’ captures activities such as speeches and moderations at conferences and symposiae and, moreover, the appearance at/participation in any such events.
  • ‘News’ captures all occurences relevant in the context of GVC’s business not qualifying as an ‘Event’ but worth sharing.
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Event

Vienna 06 December 2016

Wolfgang speaks at the ‘20th Handelsblatt Jahrestagung – Energiewirtschaft Österreich 2016 in Vienna, on 06 December 2016: "Zwischen Zukunftsthemen und Versorgungssicherheit: Welchen Platz nimmt der Energieträger Erdgas weiterhin ein? ’Observations from a global perspective‘“.

Wolfgang points out that the second gas revolution, after the shale now the ‘LNG revolution’, is in the process of forging a global gas market, which also redefines the issue of security of supply. Read more He advocates the deployment of gas as a means to materially and immediately reduce CO2 emissions and achieve clean air improvements.

Event

Cologne/Mülheim 02 December 2016

The Gas Value Chain Company and the ‘ewi Energy Research & Scenarios gGmbH’ consummate a landmark co-operation agreement in Cologne/Mülheim, on 02 December 2016.

GVC strengthens its quantitative and analytical firepower by consummating a Cooperation Agreement with the renowned ewi ER&S availing some 35 highly skilled energy experts for maximum client benefit.

Event

Berlin 25 November 2016

Wolfgang renders a lecture to students of the Energy Delta Institute under the ‘Fellowship on Energy Program’ in Berlin, on 25 November 2016: "Energy transition in Europe and beyond”.

I.a., Wolfgang recaps the content and mechanisms of the COP21 Treaty and discusses the German Climate Protection Plan. Read more Particularly, he dismisses the concept of ‘sector-coupling’ insofar as it aims at the use of renewable electricity also in the transport and heat sector. Such ‘all-electric’ approach is a fallacy since it would create more electricity demand whilst renewable power is short and would also cause exorbitant costs due to the much lower energy density of electricity. He argues that, rather, the use of natural gas should be expanded which would increasingly become ‘green’. The gas distribution grid, carrying i.a. hydrogene, synthetic gas and biogas should become an integrated part of a holistic energy system.

Event

Berlin 23 November 2016

Wolfgang speaks at the ‘22nd Euroforum-Jahrestagung’ in Berlin, on 23 November 2016: "Investing in the European Gas Market – Key issues, economic drivers, conditions & challenges”.

In the context of decarbonization, Wolfgang makes a distinction between infrastructure investments into Europe vs. investments within Europe. For infrastructure investments Read more into Europe, one needs to be aware that Europe avails of >200 bcm/a LNG regasification capacity which has been ~75% idle. With the impending “LNG revolution”, fierce competition for market share can be expected and amortization of certain additional import capacity could be at risk. Within-Europe infrastructure, on the other hand, has good chances to become part of a holistic energy system by carrying increasingly ‘greener’ gas, i.e. hydrogene, synthetic gas and biogas. The current considerations of ‘all electric’ are a fallacy, in that the much lower energy density of electricity would create enormous costs in additional generation as well as transport capacity.

Event

Nicosia 21 November 2016

Wolfgang speaks at the PRIO Cyprus Center’s Conference on ‘The Future of East-Mediterranian Gas’ in Nicosia, on 21 November 2016: "Energy Security in the wider global context”.

The PRIO Cyprus Center, in collaboration with the Atlantic Council, the Friedrich-Ebert Stiftung and Istituto Affari Internazionali and Strata Insight, was organizing the fourth of its international conference series on energy in the Eastern Mediterranean. Wolfgang addressed predominantly global natural gas market issues, Read more e.g.: Whilst natural gas is on its way to become a globally traded commodity, with implications for global price spreads (as opposed to prices in separate regions) as well as a revised view on security of supply, the promising discoveries in the Eastern Mediterranian pose a challenge and an opportunity for Cyprus and the Eastern-Mediterranean countries at large. In the context of battling climate change, the deployment of natural gas in the Cypriot domestic market poses a great opportunity.

Event

The Hague 17 November 2016

Wolfgang attends the Launch Presentation of the ‘World Energy Outlook 2016’ (WEO 2016) by the International Energy Agency (IEA) hosted by the Clingendael Institute in The Hague, on 17 April 2016.

The renowned “Clingendael Institute” (CIEP) headed by Prof. Coby van der Linde hosted the launch presentation of the WEO 2016 given by Tim Gould of the IEA. Read more

The WEO 2016 puts special focus on the proliferation and cost degression of renewables and the future share of fossil fuels in the fuel mix.
Event

Cologne 15 November 2016

Wolfgang attends the ‘ewi Energietagung 2016: Energiemarkt 2025: Trends, Perspektiven, Strukturbrüche’ in Cologne, on 15 November 2016.

The renowned ewi institute (Energiewirtschaftliches Institut an der Universität zu Köln) – see also under Affiliations – organized its annual symposium with a strong focus on energy transition and whether Germany was on the right track. Read more

Prof. Dr. Marc Oliver Bettzüge pointed out that the German measures since inception of the EEG (German renewables feed-in law) in 2000 were structurally not achieving decarbonization. Policymakers were ‘picking winners’ and subsidizing them instead of setting market incentives/disincentives, not least a price on carbon, to achieve emissions reductions in the economically most efficient way.