The Role of Gas in Spain's Energy Mix: A Secure and Integrated Future
The Spanish gas system stands out as the most diversified and secure in Europe, with 31.2 bcm of imports in 2012 servicing 7.2 million clients. Utilizing 60% LNG from 12 different origins and supported by 6 regasification terminals, Spain's gas infrastructure is robust. This sector not only promotes employment, generating over 150,000 jobs and €6.373 billion in value added, but it also plays a vital role in regional energy security. Advancing the South-West corridor and integrating the Iberian gas market is essential for fostering energy convergence in southern Europe.
The Role of Gas in Spain's Energy Mix: A Secure and Integrated Future
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Presentation Transcript
The role of gas in the energy mixThe Spanish case Marta MargaritGeneral SecretaryBrussels, April 2013
Current Situation • The Spanish gas system is the most diversified and secure in Europe Origin of imports, 2012 31,2 bcm 7,2 millions clients 76% territory 60% LNG 12 different origins 6 regasification terminals 6 interconnections Underground storage Source : Enagás
Challenge • Employment • Productivity • Opportunity • 6,373 millions of Value Added • More than 150,000 jobs (direct and indirect)
What is needed The South-West corridor should remain explicit in the package of infrastructures The Iberian Peninsulaispart of the main South-West corridor. *MIDCAT is an opportunity to provide more energy security, convergence of prices and market integration • Iberian HUB for southern Europe Iberian gas market should be an integrated market according to the gas target model
