Energy secure if Russia cuts natural gas supply to Europe

Would Ireland be plunged into darkness were Russia to cut natural gas supply to Europe? According to researchers from University College Cork, the answer is ‘No’, although customers could face an electricity price hike of as much as 10%.

In a recently published paper in the leading journal Applied Energy, UCC researchers analysed what would happen if supply was interrupted from major suppliers.

Natural gas meets a quarter of energy needs in the EU, particular for electricity and heating and the EU imports most of its gas —one-third of that supply coming from Russia.

Those behind the study said that before the Corrib project became operational last year, Ireland was a net importer of gas from Britain and is expected to return to being a net importer in the coming years as the Corrib project is small.

The computer model used in the study took two years to complete and, according to Dr Paul Deane from the Environment Research Institute in UCC: “When interruptions from Russia were simulated, it was found that the lights stayed on in Europe and the EU system coped without major issues.

“Since previous supply interruptions through Ukraine, there has been a big push to improve pipeline infrastructure within Europe so gas can be moved in multiple directions. This allows Europe to make better use of supply from Norway, Asia, and North Africa, and provides a strong resilience to the system in times of interruption.”

However, any shortages or prolonged interruption in supply could lead to higher electricity prices of about 10% as gas would to travel further to demand centres.

Read the report here.

© Irish Examiner Ltd. All rights reserved

Email Updates

Receive our lunchtime briefing straight to your inbox

More in this Section

‘I tried to stop stab attack on boyfriend’

Leo Varadkar ‘overstated’ amount saved by anti-fraud measures

Man told bank teller he had bomb in ‘harebrained’ robbery attempt

Headshop drug treatments fell 50% after ban in 2010


Breaking Stories

Irish group to launch new app to help people identify symptoms of coeliac disease

Decline in mail volumes a concern ahead of union seminar

Latest: Hospital board meeting conducted in 'very intimidatory and bullying way', says chairman

Lifestyle

Looking back in time with Dennis Dinneen's pictures

Four events to check out at the Cork International Choral Festival today

With bikini season beckoning please forget about quick fixes ...

Take a load off: Two people tell their individual weight loss journeys

More From The Irish Examiner