22 Sep 2010
Gas: At the centre of a low carbon future
In 2010 Oil & Gas UK commissioned Pöyry to consider the challenges that the energy industry faces in moving to a low carbon world and to evaluate what, if any, role natural gas might play in the transition.
The review highlighted that low-carbon transformation requires a fundamental change in how we use and produce energy. There are inevitable risks along the way, and the government needs to balance its energy objectives. The scale of change and uncertainty over the future means we need to be flexible and keep all of our options open.
The review noted that current pathways and policy frameworks sideline gas, even though it offers a means of mitigating some of the risks and can be part of the UK's long-term energy mix. It called on the UK Government to recognise the potential from gas in policy (e.g. gas CCS) and to allow the market to decide what role it plays.