Gas has an important role to play in the global energy transition, according to the head of EMEA natural resources research at Goldman Sachs.
Speaking to CNBC Friday, Michele Della Vigna said that, in his personal view, gas was “part of the end solution.” According to the International Energy Agency, natural gas supplies 22% of energy used globally.
“Renewables make perfect sense up to 50% of the power generation because … you can still manage the unreliability of supply and the timing of demand,” he added.
