November 11, 2014 by Timothy Spence

The fate of future nuclear power projects in Europe could hinge on whether government-backed guarantees for Britain’s Hinkley Point C power station survive an expected challenge from Austria in Europe’s highest court. Analysts agree that large nuclear undertakings have become too costly and risky for private investors alone. For this reason many EU countries are backing the UK’s support for nuclear power. Timothy Spence reports from Vienna. … [Read more...]

Filed Under: *, Energy, Nuclear Tagged With: Brussels, electricity market, Energiewende, energy2030, EU energy policy, financing, internal market, nuclear energy

September 25, 2014 by Timothy Spence

Major investment in European gas storage, transmission and emergency planning make a repeat of the 2009 gas shock unlikely this winter, market observers say, even if Russia trims exports to retaliate against western sanctions. That should be comforting news to EU Energy Commissioner Günther Oettinger, who is meeting with energy ministers from Ukraine and Russia (Yuriy Prodan and Alexander Novak) on Friday in Berlin. But analysts do caution that … [Read more...]

Filed Under: *, Energy, EU Policy, Oil, Gas & Coal Tagged With: diversification, energy security, EU energy policy, European gas market, gas pipelines, Russia, Ukraine