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Powering Down Gas
Events in 2021 have brought the extreme levels of price and supply volatility present in the global gas market to the fore of discussions over future energy system dynamics.

Wholesale gas prices have risen to record highs across key supply hubs, highlighting the levels of market risk that gas-fired power stations are exposed to, and demonstrating the urgent requirement for increased investment in alternative forms of flexible supply which are steadily emerging.

Even before this year’s crisis however, gas-fired power stations across Europe and the US were already confronting declining operating profitability and rapidly growing competition from low carbon sources. A steady shift towards the primary use of such technologies is vital if net zero emissions goals are to be achieved.

Put Gas on Standby is Carbon Tracker’s first in a series which calls into question the case for long-term investment in gas-fired power plants globally. Following on from Do Not Revive Coal report, Put Gas on Standby, switches attention to the fossil fuel that has long been viewed as a major part of the long-term climate solution.

Join us for an exclusive research presentation of Put Gas on Standby with the report authors Jonathan Sims and Lorenzo Sani. The session will be chaired by Philippa Nuttall, Environment and Sustainability Editor, New Statesman.

There will be an opportunity for attendees to pose questions to the authors.

Dec 2, 2021 02:30 PM in London

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