gas is part of a long-term climate-friendly solution · omv petrom sa gas is part of a long-term...

OMV Petrom SA

Gas is part of a long-termclimate-friendly solution

Franck Albert Neel Budapest, December 3rd, 2018

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Framework to achieve low carbon economy

2

2015

Paris Agreement

2016

Clean Energy Package

2018-2030

Romanian Energy Strategy

Target is to keep deviation of

global temperature lower than

+2⁰C vs. pre-industrial level

Three key targets for 2030:

• at least 40% cuts in greenhouse gas emissions

(1990 referenced)

• to boost the share of renewables to at least

27% of EU energy consumption

• an indicative energy efficiency target of

27% by 2030

Gas is part of a long-term climate-friendly solution / BEST, December 2018

+42% natural gas

Renewables, incl. hydro

Nuclear

Oil

Coal

2030 vs. 2017

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Global trends

3

ELECTRICITY: increasing importance (electric vehicles raising share in mobility;solutions for storage etc)

NEW TECHNOLOGIES: Carbon Capture and Storage, power to gas etc.

DIGITALIZATION: autonomous vehicles, energy technologies etc

CONSUMPTION OF ENERGY: to grow in developing countries, while rather stable indeveloped countries

URBANIZATION: by 2050, nearly 2/3 of the world’s population will live in urban areas

GAS MARKET BECOMING GLOBAL: more LNG traded as compared to pipeline gas


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Level of decarbonization between “business as usually” and “2 degrees” determined by range of drivers and issues

4

“2 Degrees”

Scenario

“Business as

usually”

Scenario

?

LowCarbon

Alternativefuels

RenewablesEnergy

Efficiency

Affordability

Limits ofBattery

Rising LivingStandards

Cheap Coal

Level of decarbonization


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Gas is part of the solution along the entire path to 2050

5

205020302018

Power: Exit Coal! Switch to Gas saves -50% CO2 now

Heating : Gas heats and cools! affordable & practically free of particulate matter

Innovation – Zero Carbon Gas

Security of supply: Gas is reliable & secure today and interconnector with Power2Gas tomorrow

Mobility: Make use of today’s solutions! -30% CO2 & and half the noise with Gas


Transport: infrastructure based on alternative fuels (CNG, LNG)

“Greening the Gas” – renewable natural gas

Renewable power / Gas to ensure back-up & balancing

Market maturity of Power2Gas

Large scale coupling of gas & power sector

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By coupling Power2Gas with existing oil refinery & gas logistics capabilities, security of supply could be redefined by 2030

6

Renewable sources

H2

Conventional sources

Seasonal storage & distribution to markets

EU targets Greenhouse Gas

(GHG) reductions in the

power sector (1990 reference):

-68% by 2030

-99% by 2050


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31st Dec 1st Jan

100% renewable power requires high-capacity long-term storage options.Existing gas storage capacity can easily meet this requirement

7

170%

5%

22mnTesla

Powerpacks1

Current

Capacity2

Existing

Capacity

Energy storage options for 4.7 TWhAustria / 2030 projection

Supply & demand with 100% renewable powerin MW

1 Commercial version with 210 kWh 2 Current capacity in Austria 2.7 TWh

Hydro PV Wind Consumption (smoothed)


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There are solutions to decarbonize natural gas

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Captured Carbon StorageMethane Pyrolysis

C>1,200°CCarbon Utilization

CH4

H2

Mobility

Heating

Industry CH4


Combustion

O2+

CCS

|9 Gas is part of a long-term climate-friendly solution / BEST, December 2018

gas is part of a long-term climate-friendly solution · omv petrom sa gas is part of a long-term...

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