26.10.2016 Antoine Simon Friends of the Earth Europe (FoEE) – BEMIP Gas Regional Group – Environmental & climate perspective on problem definition and further steps of 3rd PCI list 26.10.2016 Antoine Simon Friends of the Earth Europe (FoEE)

Future proofing our grid Put citizens at the heart Integrate power & gas assessment Define non-infastructure problem/needs Do the Efficiency First & „Paris-Check“

Source: IPPC & Carbon Brief, 2016 Problem common to all groups – Fossil gas, the climate white elephant – Paris Agreement: “[Hold] the increase in the global average temperature to well below 2 °C above pre-industrial levels and to pursue efforts to limit the temperature increase to 1.5 °C above pre-industrial levels, recognizing that this would significantly reduce the risks and impacts of climate change”. Source: IPPC & Carbon Brief, 2016

Problem common to all groups – Fossil gas, the climate white elephant – Source: Shindell et al, 2012

BEMIP Gas Regional Group Key problems: Risk of new carbon lock-in, disconnected from gas demand Need to maximise use of existing infrastructure capacities Klaipeda LNG Terminal: 4 bcm = Baltics gas consumption Świnoujście LNG Terminal: Poland well-diversified New projects – Risky business: Contradict Paris Agreement (methane emissions, 40-50-60yrs lifespan) Gas demand necessary for investments yet to be demonstrated Price war btw LNG suppliers and Gazprom  Risk of stranded assets