LNG

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...]

US energy Independence Day dawns

Barry Worthington

The most significant US energy policy update in a decade, the Energy Policy Modernization Act 2016, will be introduced into the new Congress in January 2017. With provisions for accelerated permitting for oil and gas drilling, construction of export LNG terminals, as well as energy efficiency standards and grid-integration of renewables, the outlook for US energy security is bright, according to Barry Worthington, Executive Director of the US … [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...]

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...]

Who is afraid of Nord Stream 2?

The operation of the Nord Stream Pipeline system is remotely monitored and controlled from the Control Centre in the Nord Stream headquarters in Zug, Switzerland (photo Nord Stream)

Nord Stream 2, the new gas pipeline that Gazprom is planning to build from Russia through the Baltic Sea to Germany, has been criticised for reducing Europe’s diversification of energy sources and energy security. But according to Energy Post’s editor in chief Karel Beckman, the EU should welcome the pipeline, despite deteriorating relations with Russia. According to Beckman, Nord Stream 2 has a sound economic rationale behind it and the EU’s … [Read more...]

The economic and moral bankruptcy of UK energy policy

fracking protest (photo Beth Granter)

With its choice for Hinkley Point C - a £100 billion boondoggle – its enthusiastic support for expensive and environmentally harmful fracking, and its relentless attack on renewable energy, the UK government’s energy policy is both morally and economically bankrupt, write Peter Strachan, Professor of Energy Policy at the Robert Gordon University, and Alex Russell, Professor and Chair of the Oil Industry Finance Committee. Westminster must … [Read more...]

IEA sees “major shift” – but not major enough

EP-News-Logo2 (1)-new

“A major shift in investment towards low-carbon sources of power generation is underway”, according to a first-ever detailed analysis of investment across the global energy system from the International Energy Agency (IEA). Yet, in non-OECD countries, “investment in conventional generation remains strong”, with over 75 GW of coal-fired power plants starting operation in 2015 in “developing Asia” – “as much as all renewable capacity additions in … [Read more...]