North Sea renewable gas

Eleven European companies have joined forces in the North Sea Power to Gas Platform to further develop the concept of power-to-gas (P2G). P2G encompasses recent efforts to convert renewable power into gas, using Europe's existing storage and transportation system to bring that energy to market. The European Union reports the percentage of energy from renewable sources as having risen to 13% in 2011, up from 12.1% in 2010 and 8.1% in 2004. The EU 27 members have established a "triple twenty by 2020" target, aimed at getting 20% of their power from renewables, improving efficiency by 20%, and reducing greenhouse gas emissions by 20%. Europe's current renewable energy mix is made u...

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