The Revision of the Third Energy Package for GasClient: European Parliament Committee on Industry, Research and Energy | Sectors: Natural Resources
Climate change and the ambitions of the green transition envisaged by the European Green Deal and the Fit for 55 Package, as well as Russia’s invasion of Ukraine in February 2022 considerably raise the stakes for decarbonising Europe’s energy. Moving away from natural gas to decarbonised gases such as hydrogen is central both for becoming environmentally sustainable and for becoming more energy independent to ensure autonomy and price stability. In light of these pressing circumstances, the European Parliament Committee on Industry, Research and Energy commissioned Ecorys together with CEPS to conduct a study on the Revision of the Third Energy Package for Gas.
This study investigates the European gas market. Specifically, the study team will review the lessons learned from the Third Energy Package for Gas and assess how the proposed rules for its revision, the Hydrogen and decarbonised gas market package, would be an obstacle or an opportunity to foster the uptake of renewable hydrogen. In this regard, the study looks into the role of unbundling rules for the gas market and the EU’s ambitions for an EU Hydrogen backbone. Beyond assessing Europe’s potential in hydrogen, the team will identify the strengths, weaknesses, and opportunities for gas interconnections between the Member States and with third countries to ensure alternative energy supply, which in light of Russia’s invasion of Ukraine has become a key topic.
This translates into the following three key questions which we will seek to answer: