Gas offers bridge to a low-carbon future
The energy transition offers the sector an opportunity, but it should not be complacent
Conventional wisdom holds that gas will be the most resilient of the fossil fuels through the energy transition, and that it is a relative winner because of its low carbon intensity on burning. Yet, with radical change set to sweep through energy markets, the industry cannot be complacent about its future. Gas will have to contend with intensifying competition among fuels, disruption from new technologies and decarbonisation policies designed to undermine fossil fuels’ dominance of energy supply. Varied regional risks In Europe, it is likely that policies to reduce greenhouse gas emissions will continue to eat away at gas demand. Today, gas demand is c.500bn m³/yr, down by 10pc from the peak
Also in this section
28 April 2026
Oil traders warning of $200/bl oil are wrong, and the market should be wary of proclamations that the impact of the oil shortage has only begun to be felt and a that a ‘harsh adjustment’ is coming—even for industrialised nations
28 April 2026
Restoring supply from Saudi Arabia, the UAE, Kuwait, Qatar, Bahrain and Iraq involves complexities far beyond simply adjusting operational controls
28 April 2026
Datacentres will guzzle power at a ferocious rate, but the impact on wider energy markets will be far more complex than previously thought
28 April 2026
The key energy player faces balancing regional routes, political complexities, and creating a clear strategic vision for energy security
