Eurogas Sees 7% Y-o-y Increase in Europe’s Gas Consumption in 2015. But Where Does This Up-tick Come From?
Inviato da ISPI il Gio, 10/12/2015 - 19:31by Sergio Matalucci and Antonio Sileo - Eurogas wrote at the end of October that gas demand in Europe is expected to grow by 7% in 2015 compared to 2014, explaining that the first half of the year should drive most of this rise. The organisation representing national gas associations concluded that ‘taking 2015 as a whole, gas demand would correspond to an EU 28 & Switzerland annual consumption of about 4760 terawatt-hours or 441 billion cubic metres.’ What are the eventual reasons for this change? More importantly, does it make sense to use gas consumption as a proxy variable for industrial performance as some commentators already hypothesised and hoped for? Or shall we rather say that the uptick in consumption has simply to do with weather conditions?