The Contribution of Natural Gas to the Paradigm of Energy Transition in Portugal: Economy, Continuity of Supply and Welfare
The present paper presents an analysis on the role of Natural Gas (NG) in Portugal facing the new requirements. The analyses is based on the economic, societal and environmental aspects, being the major reasons to align the Government strategy, define policies and reproduce the EU directives. The analyses do not reflect on the pandemic and financial crisis because the author considers that these factors are outside of the energy system and have not been steady along the period in study, thereby it can mislead the conclusions. This study relies mostly on non-empirical research, in which the research adopted both inductive and deductive reasoning to theorize logical assumptions about the Portuguese energy market. Building on reflection and personal observation on the field, the researchers carried out this article by gathering relevant data (i.e., statistics) through critical studies, systematic review of literature and meta-analysis on the theme. Therefore, the methodology used is based mainly on qualitative exploration of secondary sources and data, out of which one will pull out insights. The novelty of the study is to take in consider-ation all the above factors and produce results that are more adequate to reality, as all of them are interconnected and by changing one of them it will be changes in the remain. The open literature mainly focusses on the economic, the energetic, the social or the environmental aspects and neglects the others. One can conclude that there is economic advantage on efficiently distributing and consuming NG. Also, the impact of NG on a society welfare is positive. Last, the NG brings flexibility to the grid, which is more and more important in the perspective and ambition to increase the share of intermittent renewable energies.