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TLDR: Mainly good news as power generation from natural gas has dropped significantly, largely replaced by renewables, despite rise in electricity prices during the energy crisis has partly discouraged both industrial and residential consumers from switching to electric alternatives. Energy-intensive industries reduced gas consumption either despite economic challenges, but are still struggling.

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Electricity generation from natural gas has fallen by 26% since 2021 […] While some initial switching in 2022 involved coal or oil, renewables have been the main replacement, with their share of total power generation increasing from 39% in 2021 to nearly 50% in 2024. The decrease in total electricity generation has also contributed to lower gas demand, as the EU’s overall electricity consumption has declined since 2021.

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While the overall manufacturing industry has remained stable (-1% since 2021), energy-intensive sectors such as metallurgy (-11%), non-metallic minerals (-15%), and chemicals (-10%) have seen sharp declines, largely due to high energy costs affecting competitiveness.

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sharp rise in electricity prices during the energy crisis, which has partly discouraged both industrial and residential consumers from switching to electric alternatives. Additionally, low economic and demographic growth and the decline of energy-intensive industries have contributed to an overall reduction in energy demand, slowing down the need for electrification. This suggests that, in the short term, electrification is not yet driving the decarbonisation of final energy consumption at the scale needed to replace natural gas entirely.