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EU’s spot LNG reliance likely to remain if decarbonization efforts lag, ACER says

( May 22, 2025, 09:35 GMT | Official Statement) -- MLex Summary: Liquefied natural gas has become an increasingly important source of gas supply in the EU, with its share rising from 23 percent in 2020 to around 40 percent in 2024, according to a report by the Agency for the Cooperation of Energy Regulators. Insufficient progress on decarbonization could increase the EU's reliance on spot LNG, the report says. ACER advises policymakers to accelerate decarbonization, secure flexible LNG contracts, and enhance market transparency and coordination.Press release follows. Report attached. ...

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