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This analysis aims to identify the minimum gas infrastructure Italy requires to ensure national energy security, after the consequences of the Russian invasion of Ukraine have shaped the European market and considering the progress on climate targets. The study was carried out using an optimisation model that simulates the balance between gas demand and supply in the European market for Italy with a daily granularity for 2030, 2040, and 2050.
The Russian invasion of Ukraine and the energy crisis which came in its wake have produced significant impacts on the energy sector in many EU countries, including Italy. This study shows that customers reacted to high gas prices by reducing consumption over and above the European target of 15%, with gas consumption dropping 18.6% from August 2022 to January 2023, in the absence of structural measures.
This analysis aims to identify the minimum gas infrastructure Italy requires to ensure national energy security, after the consequences of the Russian invasion of Ukraine have shaped the European market and considering the progress on climate targets. The study was carried out using an optimisation model that simulates the balance between gas demand and supply in the European market for Italy with a daily granularity for 2030, 2040, and 2050.
The Russian invasion of Ukraine and the energy crisis which came in its wake have produced significant impacts on the energy sector in many EU countries, including Italy. This study shows that customers reacted to high gas prices by reducing consumption over and above the European target of 15%, with gas consumption dropping 18.6% from August 2022 to January 2023, in the absence of structural measures.