10. Gas Trader’s Day 2022 “The gas trade in transition – or facing extinction?”

10. Gas Trader’s Day 2022 “The gas trade in transition – or facing extinction?”
December 15, 2022 | digital |

David Schlund, Senior Research Consultant at EWI talks about the development of global gas markets until 2030.

Nine months after the start of the war in Ukraine, it is becoming increasingly clear what a historic caesura this also means for the energy industry. The European and national measures to contain the gas and energy (price) crisis are ushering in a profound change in the energy markets, especially the gas market: Trade flows are changing, the role of the state is growing. In addition to state-supported LNG expansion and, prospectively, hydrogen imports, we are witnessing the nationalisation of trading companies. At the European level, joint gas purchases and direct intervention in price formation (gas price cap on the TTF) are being discussed. And so numerous fundamental questions arise: What will the gas market of the future look like and will it still be a free market? What will the gas trade of the future look like and will it still exist at all?

In keeping with tradition, Dr. Heiko Lohmann, industry expert and journalist at Gasmarkt Deutschland, will open the Gas Traders Day with an overview of current developments on the gas market and venture an outlook on the future of gas trading. David Schlund, Senior Research Consultant at the Institute of Energy Economics at the University of Cologne (EWI), will shed light on the development of the global gas markets until 2030 and, among other things, take a look at the price development. We are also looking forward to an insight into the Wilhelmshaven Green Energy Hub project, which is intended to enable the import of green hydrogen on a large scale. Dr Markus Schöffel, Head of Government and Regulatory Affairs at Tree Energy Solution (TES), will present the project. Last but not least, we will shed light on the EU emergency measures to curb high gas prices and discuss the consequences for the European gas trade.