The lack of long-term gas contracts in the EU playing the hand of green energy producers, because it does not allow price stabilization, Candidate of Economic Sciences, Financial Analyst Mikhail Belyaev. In a conversation with “ribbon.ru” he added that, obviously, the gas crisis of this year did not teach the European Union.
One of the tasks of the decarbonization strategy and the “Green Transition” of the European Union will be a refusal of long-term gas contracts with Russia. At the same time, the European Commission intends to establish a clear time frame, after which all long agreements will be banned. In the bill, which should be published on December 15, and discuss the next day at the EU Guide Summit in Brussels, we are talking about 2049, writes Bloomberg.
Unspeed lesson and green lobby
Belyaev reminded that it is long-term contracts that provide stable deliveries at stable prices, it is they who do not allow sharp jumps similar to what happened this year and provoked a gas crisis in Europe.
“Obviously, the occurrence of Europe did not teach anything. The fact is that stable prices provide enterprises using gas resources – and this is practically everything is a sustainable understanding of the long-term perspective and how business will develop. It is business that First of all, long-term contracts are needed, as this makes it possible for forecasts. Why do not understand this in the EU, it is not necessary to say. Apparently, in this case, they are more relying on the interests of manufacturers of alternative energy, “the analyst suggested.
He is confident: A similar one-sided approach, support for exclusively green energy, creates large problems to form the economy on a wide scale. At least because, as practice has shown, this industry is not yet completely developed and reliable.
Apparently Europe suggests that in the future energy resources, such as gas, will be in demand much more, which will lead to an appropriate increase in market prices, which will also be inevitably due to the fact that the lack of long-term contracts does not allow stability in pricing . And now it will play in favor of alternative electricity producers. Also in the EU, as we remember, the prospects for the production of natural resources are limited and will decline, respectively, the green energy will only grow, expanding its market share, “the economist concluded.
The statement of the draft law will actually be a refusal to accept the conditions offered by Russia. His discussion will occur against the background of a new increase in gas prices. At the beginning of trading on December 14, the cost of fuel on European hubs rose above $ 1450 per thousand cubic meters.