logo GRT GAZGRT gaz - build the transport of tomorrow
CONNECT - The educational experience around the gas networks of today and tomorrow
Déclaration de performance extra financière de GRTgaz
Panorama du Gaz renouvelable 2019
La revue soGaz #5

Current situation and outlooks

Demand headed in the right direction

Compressor station
Changing consumption and supply of gas to the EU by 2015

The impact of Fukushima

The nuclear disaster triggered by the tsunami on 11 March 2011 in Japan reignited debate about the safety of nuclear power stations and the diversification of energy supply sources.
Germany has decided to discontinue nuclear power production by 2022; the oldest reactors were decommissioned in 2011 (7 GW). The European Commission has requested stress tests for all nuclear power stations.
This new context will foster additional demand for gas as a replacement for nuclear energy and in synergy with the growth in renewable energies, which will support investments in new gas infrastructures.


Prices on the rise

The prices of long-term contracts are mainly indexed to changes in the price of oil. Short-term spot prices rose sharply in 2010 due to the increase in demand, but on the whole remained below the prices of long-term contracts. This enabled market players to choose between different gas supply sources.


Dynamic marketplaces

These market conditions prompted strong growth in the volumes traded on short-term marketplaces in Europe. These marketplaces offer a common and public benchmark price based on players' expectations.
The increase in liquidity on the wholesale markets stimulated competition between gas suppliers and there has been a rise in the market shares of new players, both in the supply of gas to end customers and in trading transactions.