Security of supplies Sample Clauses

Security of supplies. The plans to temporarily employ shale gas for decarbonisation purposes have also come in tandem with concerns about security of gas supplies. As noticed in the Energy Roadmap 2050, “[a]s conventional gas production declines, Europe will have to rely on significant gas imports in addition to domestic natural gas production and potential indigenous shale gas exploitation.”129 And as noticed in the 2014 Communication: ▪ “today and in the near future, the EU is still facing a number of energy challenges including an increasing import dependency and related risks to security of supply, the completion of the internal energy market and the impact of energy prices on competitiveness,”130 ▪ “[t]hese challenges are particularly reflected in natural gas, which currently accounts for one quarter of the EU’s primary energy consumption and could contribute to the reduction of greenhouse gas emissions in the short to medium term, should it replace more carbon intensive fossil fuels,”131 ▪ “[h]owever, for the last two decades, the production from conventional reservoirs has steadily declined,”132 ▪ “[t]he EU’s natural gas import dependency has risen up to 67% in 2011 and is projected to continue increasing, putting the EU in greater direct competition with global demand for natural gas,”133 ▪ “[s]ome Member States rely on a single supplier and often on a single supply route for 80- 100% of their gas consumption.”134