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Mitigating Methane Emissions: Quantifying the Impact of EU Methane Regulation on Liquefied Natural Gas and its Pricing

Objective

Methane is a potent greenhouse gas with a global warming potential 80 times greater than carbon dioxide over a 20-year period, making its reduction critical for achieving global climate goals. Despite over 150 countries signing the Global Methane Pledge to reduce methane emissions by 30% by 2030, levels have continued to rise, particularly from the energy sector. In response, the European Union (EU), the world’s largest importer of liquefied natural gas (LNG), implemented the EU Methane Regulation (EU-MER) in 2024 to reduce methane emissions from the energy sector, including imported LNG. However, the effectiveness of these newly enacted regulations, especially when compared to regions with less stringent policies, such as China, remains underexplored. In this context, this project represents a timely interdisciplinary approach that will: 1) conduct a comparative analysis of methane emissions at LNG terminals in Europe and China using field measurements, satellite surveys and advanced data analysis; 2) assess methane emissions from LNG carriers, focusing on factors such as ship age, size and engine type; and 3) evaluate the economic impact of the EU-MER on LNG pricing and market dynamics, while proposing feasible strategies to reduce methane emissions in the LNG sector. Through advanced training, provided by the host, I will deepen my expertise in methane quantification, environmental standards and economic analysis, while developing transferable skills in mentoring, leadership, networking, grant writing and impact development. These skills will be crucial for my growth as an independent and collaborative researcher. By integrating environmental science, engineering and economics, this project will inform policy adjustments, guide industry practices and reinforce the EU’s leadership in climate action, ultimately contributing to global efforts to mitigate climate change.

Fields of science (EuroSciVoc)

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Keywords

Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)

Programme(s)

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Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

HORIZON-TMA-MSCA-PF-EF - HORIZON TMA MSCA Postdoctoral Fellowships - European Fellowships

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) HORIZON-MSCA-2024-PF-01

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Coordinator

QUEEN MARY UNIVERSITY OF LONDON
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 276 187,92
Address
327 MILE END ROAD
E1 4NS LONDON
United Kingdom

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Activity type
Higher or Secondary Education Establishments
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Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

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