There is a large potential for Germany to cut its climate emissions in a cost-effective way through the increased use of natural gas, said Statoil CEO Helge Lund at a joint Statoil/Wintershall event in Berlin on 24 June.

Switching from coal to gas in the power sector is the most significant option to cut emissions, as this can save more than 50% of emissions per kilowatt-hour of electricity produced.

“I think it is both timely and necessary for German to develop a plan for how natural gas can contribute to fulfilling the ambitions of the Energiewende (energy transition). Increasing the use of natural gas will be beneficial both for the German economy and for the climate,” Lund said.

Tags: Statoil