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Friday, 27 September 2013

Germany Oil and Gas Report Q4 2013:Energy & Power Market Research Reports

Energy & Power Market Research Reports
 
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Germany Oil and Gas Report Q4 2013
Sep 25th 2013, 00:00, by swapnil

BMI View: The main trends and developments in Germany’s oil and gas sector are: ? Natural gas consumption in Germany is under pressure from a glut of cheap coal and generous renewable subsidies. Supporting gas demand will be greater utilisation of gas as transport fuel, the phasing out of nuclear, and gas-fired power generation as a back-up to intermittent renewables. However these upside factors will be kept in check by energy efficiency gains – which have seen gas consumption fall since the early 2000s – ambitious subsidised renewable projects and government targets, as well as cheap and abundant coal. ? …

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