This section encompasses a wide range of GVC related information:
- “Interview” covers both face-to-face interviews and quotations in third party articles.
- “Publications” includes articles, papers and studies.
Cologne/Mülheim, 23 October 2018 | Joint paper of ‘ewi Energy Research & Scenarios gGmbH’ (‘ewi ER&S’) and ‘The Gas Value Chain Company GmbH’: ‘The underrated long-term relevance of gas in the decarbonizing German energy space’.
GVC is proud to announce the publication of the paper written jointly with its cooperation partner, the renowned ewi ER&S, co-authored by Harald Hecking and Wolfgang Peters. The long-term relevance of gas – for quite a while fossil natural gas and towards deeper decarbonization scenarios increasingly ‘green gas’ – is vastly underrated by many. This is partly due to the considerable complexity of a multitude of studies and reports where the acknowledged relevance of gas can easily be overlooked. Against this backdrop the authors considered it useful to extract the considerations and arguments addressing the long-term relevance of gas in the decarbonizing German energy space in various studies, with strong focus on the ‘dena-Leitstudie’ “Integrierte Energiewende”. The ewi ER&S press release summarizes the main findings.
Gaseous molecules as energy carrier will be pivotal also for extensive electrification scenarios while a wider use of gas – over time turning ‘green’ – achieves Germany’s decarbonization targets less drastically and less costly in more technology-open scenarios. The paper is also available for download at https://www.ewi.research-scenarios.de/cms/wp-content/uploads/2018/10/ewi_ERS_GVC_Gas_in_the_decarbonizing_German_energy_space_Paper.pdf.
London/Mülheim 15 October 2018
Wolfgang was interviewed by Joseph McDonnell, an energy expert from ICIS, for an article titled ‘‘Over the hedge?’ published in ICIS Gas In Focus, the leading gas industry report with an established audience of executives, analysts and traders since 1994.
The article discusses plans to build an LNG terminal in Germany. Wolfgang pointed out that a large scale project (e.g. Wilhelmshafen) would likely be uneconomical, since ample Norwegian and Russian pipeline supplies made LNG deliveries pricewise unattractive at present. However, a business case hinging mostly on small scale LNG in Brunsbüttel, a ‘hot spot’ since located at the entry of the Kiel canal and at the same time at the mouth of the river Elbe towards Hamburg port might be economically feasible.
Moscow/Mülheim, 11 October 2018
Wolfgang was interviewed by ‘Russia 24’ via skype about aspirations of U.S. politicians to i.a. potentially hinder Russian gas supplies to Europe. Namely, members of the U.S. Senate Foreign Relations Subcommittee on Europe and Regional Security Cooperation had introduced the so-called ‘European Energy Security and Diversification Act’ “to provide new tools for the United States to combat malign Russian influence and create economic opportunities at home and abroad”. As always, as a matter of policy, GVC restricted itself to gas economical facts, the main point being that U.S. based commercial operators might be very unhappy about such initiative since they could presently make more money with LNG exports to Asia. Wolfgang couldn’t help adding that a U.S. law on internal European affairs might not be well received by European politicians.
Leipzig/Mülheim, 24 September 2018 | Article: ’Erdgas – verkannter Klimaretter zwischen Ideologie und Geopolitik’, in ‚Newsletter Handelsblatt Tagung Gas 2018‘
Wolfgang contributed an article to the Newsletter issued on occasion of the Handelsblatt Tagung Gas 2018 in Leipzig. Wolfgang recalled that Germany had not achieved its national CO2 reduction targets Read more while an effective carbon floor price changing the merit order in favor of gas would have brought this about. The reluctance to embrace the power-to-gas technology avoiding billions of compensation for curtailment of renewable ‘overproduction’ was essentially driven by ideology, since admitting that wind and solar were not demand responsive. Geopolitically motivated objections e.g. against Nordstream 2 and Russian gas at large were misplaced since the LNG revolution had made the so-called ‘Putin phobia’ obsolete.
Barcelona/Mülheim, 17 September 2018
Wolfgang was quoted in an article by ‘Kallanish Energy’ titled ’EUROPEAN’S GAS INDUSTRY’S FUTURE PITS U.S. VS. RUSSIA’.
The article was published by ‘Kallanish Energy’ on occasion of the ‘GasTech Exhibition & Conference 2018’ (https://www.gastechevent.com/) in Barcelona on the emerging global gas market propelled by LNG and the potential rivalry between Russian pipeline gas and U.S. LNG. Further, on the relevance of the recent ‘deal’ between President Trump and President Juncker. Wolfgang indicated i.a. that Europe was ‘open for business’ Read more with 210 bcm/a of regasification capacity 75% idle but that he did not blame U.S. companies one bit for going to Asia fetching higher prices. As to the ‘presidential deal’, he recalled that neither did Mr. Trump have state-owned sales facilities for LNG (or soybeans) nor did Mr. Juncker have state-owned facilities for respective purchases.
Stuttgart/Mülheim, 10 September 2018 | Article: ’Gastkommentar: Eine offene Tür: Die Integration in die nordwesteuropäischen Handelsmärkte brächte Polen erhebliche Vorteile’, in ‚GVS Gasmarkt-Telegramm 08_2018‘.
GVS had asked Wolfgang once more (see the earlier publication at https://gasvaluechain.com/cms/wp-content/uploads/2018/03/2018-01-31-Gastkommentar-GVS-W.Peters_Final.pdf) to write a ‘Gastkommentar’ (guest commentary) in its monthly ‘Gasmarkt-Telegramm’ (www.gvs-erdgas.de). Due to the high level of interest in the recently published study on the Polish gas market a ‘short version’ in the German language was suggested. Translated into English, the title reads: ‘An open door: The integration into the Northwest-European traded markets would create significant benefits for Poland’. Hence, the thrust of the article is somewhat more conciliatory than the study itself (‘Poland a failed state in gas trading …’). Nonetheless, Wolfgang points out that the truth must be tolerable and also that, with more emphasis on the benefits, the shortcomings and necessary steps to remove the prevailing market barriers must be addressed.
Berlin, 15 August 2018
Wolfgang was interviewed by ‘Russia 24’ in Berlin on the state of the European gas market, particularly the arising competition between further Russian supplies e.g. via the Nordstream 2 pipeline and U.S. LNG. He emphasized that Europe availed of ample redundant import capacity (e.g. ~210 bcm/a of regasification capacity ~75% idle) and the evolving global LNG market with meanwhile 2/3rd destination flexible supplies responding to price signals. Hence, concerns about Russian dominance were no longer justified and Europe, in the face of declining indigenous production and rising demand, should welcome all suppliers to compete. The link to the full trailer in the Russian language is: https://www.youtube.com/watch?v=dWMtd0SPzLo