European gas market

Groningen gas production and earthquakes: safety at all cost?

Gas production in the Dutch province of Groningen

Production from the giant Groningen gas field in the Netherlands has been cut drastically after increasingly heavy earthquakes began to affect the region. Some would like to see Dutch gas production stop altogether, but according to geophysicist (ex-Shell) Jilles van den Beukel Groningen gas could still play a valuable role in North West European energy supply. In the short term it offers a better compromise from a financial, environmental and … [Read more...]

The big Dutch coal mistake and the future of coal in Europe

new RWE coal power plant Eemshaven the Netherlands

RWE, Uniper and Engie have fairly quietly written off billions of euros on three brand new coal power plants in the Netherlands, according to a new report from independent consultant Gerard Wynn for the Institute for Energy Economics and Financial Analysis (IEEFA). In an article for his own website, the Energy and Carbon Blog, Wynn notes that the Dutch experience means no new coal power plants are likely to be built again any time soon in Europe. … [Read more...]

Fracking: ‘Gang plank to climate chaos’ or ‘necessary part of decarbonisation’?

Ineos video: Leading the UK shale gas revolution

Fracking is a threat to the climate and the environment in the UK, says Professor Peter Strachan of Robert Gordon University. No, the climate benefits of domestically produced shale gas outweigh the risks, argues Stephen Tindale, co-founder of consultancy Climate Answers. The two men held a fascinating debate at the Houses of Parliament in London on 29 November hosted by the All-Parliamentary Group on Unconventional Oil and Gas. Ruth Hayhurst of … [Read more...]

Victory: Ukraine doesn’t need Russian gas anymore – and puts transit at risk

naftogaz gazprom-slider

Ukraine has completely “eliminated” its dependence on Russian gas, Ukrainian national gas company Naftogaz has declared in an open letter. Last year it stopped importing Russian gas for its own consumption altogether. At the same time, according to a paper written by Thierry Bros, Senior Research Fellow from the Oxford Institute for Energy Studies (OIES), Naftogaz is putting the future of the transit of Russian gas at risk by demanding higher … [Read more...]

A carbon pricing scheme that works

Ferrybridge C Power Station in West Yorkshire closed in March 2016

The UK’s carbon price floor mechanism has proved very effective at securing cost-effective emissions reductions, writes energy and climate change economist Adam Whitmore. It offers lessons for other carbon pricing schemes, such as the EU Emission Trading System. … [Read more...]

EU is losing the energy battle with Russia

Putin and Erdogan-slider

Europe’s grand strategy to become less import dependent on Russian gas, which has been discussed since the 1990s, looks more and more like a failure, as the new Russian Tsar, Vladimir Putin, is consistently wrong-footing the leaders of the EU, writes Cyril Widdershoven. … [Read more...]

The Nordic countries on Nord Stream 2: between scepticism and neutrality

First pipes for NS2 delivered 27 October 2016 to German logistics hub Mukran on the island of Rügen

Sweden, Finland and Denmark are unlikely to block or slow down the procedures of issuing national approvals for the construction of Nord Stream 2, write Justyna Gotkowska and Piotr Szymaṅski of OSW, the Centre for Eastern Studies, in Poland. But according to the authors the Nordic countries do expect the European Commission to assess the compliance of Nord Stream 2 with the EU’s Third Energy Package. In addition, Stockholm and Copenhagen in … [Read more...]