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Hitting EU Renewables Targets Could Slash Gas Demand a Quarter by 2030

IEEFA said renewables and heat pumps could reduce gas demand by about 25% by 2030, easing the need for new LNG imports.

Summary by Oil Price
The European Union could save a lot on LNG imports by 2030 if it achieves its heat pump, solar, and wind installation targets…so much so that the bloc could save twice the gas it imports from Qatar, the Institute for Energy Economics and Financial Analysis (IEEFA) said on Tuesday. IEEFA, which advocates for an accelerated energy transition, estimates that heat pump deployment and increased solar and wind generation reduced the EU's natural gas d…

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Solar and wind power, together with heat pumps, can reduce European Union gas demand by about 25% by 2030, as described in the IEEFA analysis.

·Kyiv, Ukraine
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The acceleration of the deployment of solar, wind and heat pumps will enable the European Union to substantially reduce its dependence on imported gas over the next decade. According to an analysis by the Institute for Energy Economics and Financial Analysis (IEEFA), if the Community block achieves the planned installation targets for these three technologies, the demand for gas could decrease by around 25% by 2030, a saving equivalent to twice …

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Institute for Energy Economics & Financial Analysis… broke the news on Tuesday, July 28, 2026.
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