BAKU, Azerbaijan, August 1. The current demand for gas needs to be lowered in order to put as much as possible in storage to cope with the upcoming winter, Amy Myers Jaffe, research professor at the Climate Policy Lab, Tufts University, said, Trend reports via Wood Mackenzie, a global research and consultancy group.
According to the expert, there hasn’t been enough attention paid to pushing away the demand. Keeping gas supply and demand at the same level as much as possible is the essential issue.
“As the demand restrictions are going to become more important, in the short-term the most effective way is getting energy efficiency in the door, whether that is turning down thermostats in public buildings, or using digital technologies, such as smart thermostats. Industrial and commercial entities can reduce their energy usage, which will be helpful for the society. Today there are more technological options to deal with this,” she said.
Meanwhile, Vicky Bailey, founder of Anderson Stratton Enterprises, added that the sense of urgency of the European energy crisis has to be brought forward.
“This is not only energy, but also a humanitarian crisis. Very serious implications for European economies, such as the employment rate, GDP growth currently have a worrying outlook. Energy security is right up with the national security. Europe needs to focus on things that can be done in the immediate future, like harnessing own domestic resources. Increasing the number of renewable energy projects, and accelerating energy transition is of most importance,” she said.
It is necessary to understand the importance of nuclear power in terms of decarbonization path, although, boosting nuclear projects may take longer time, as major investments are required in the infrastructure, the experts agreed.
The best way to have a nuclear future is to operate the current fleet safely and responsibly. The issue of waste is also important. However, there is a strong need in investing in every carbon free source, as well as lessening heat output and emissions, they added.
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