If households and businesses in Europe were able to adapt their electricity consumption to price signals, it would lower their electricity bills considerably and cut peak demand for electricity by 10%, Yet, the European Commission notes in a recent Communication, that demand response is only emerging “slowly” and that Europe is lagging behind the US and other industrial regions. Brussels says national policymakers and regulators should focus less … [Read more...]
VIDEO: Internal market – energy regulators “can’t promise lower prices”
Hughes Belin, leading energy journalist at viEUws.eu, is joined by Alberto Pototschnig, the director of the Agency for the Cooperation of Energy Regulators (ACER), for an exclusive interview on the EU energy market,  major infrastructure projects and the impact they can have onenergy prices for consumers. Alberto Pototschnig gives insight into the latest developments in EU infrastructure including new legislative regulations as well at the state … [Read more...]
EPEX Spot and Swissgrid prepare for market coupling
The European Power Exchange EPEX SPOT and the Transmission System Operator Swissgrid AG started cooperating with the aim to be ready to launch day-ahead market coupling projects in cooperation with other neighboring Transmission System Operators (TSOs). The partnership is based upon the Price Coupling of Regions (PCR), which was chosen as the market coupling solution for the integration of the European electricity market. It is therefore … [Read more...]
VIDEO: Brussels Briefing on Energy – State Aid and more
In this latest Brussels Briefing on Energy for viEUws - the EU Policy Broadcaster, leading journalist Hughes Belin provides an overview of the the European Union’s most pressing energy issues: State intervention in the energy sector Unbundling of the electricity and gas distribution European Commission’s list of energy infrastructure projects Energy Efficiency Directive … [Read more...]
How to turn Bulgaria into Eastern Europe’s energy hub and gateway
Bulgaria has become notorious for the failure of many big energy projects in recent years. Yet there is more going on in the Bulgarian energy sector than meets the eye, writes independent energy consultant Valentin Stoyanov. According to Stoyanov, Bulgaria could even become one of Europe’s main energy hubs. The country has strong and diverse energy assets to start with, ranging from coal and nuclear power to hydropower and renewable energies. It … [Read more...]
The North Seas Grid: how to get it built
Investors stand ready to build a stunning amount of offshore wind capacity in the North Seas, as well as the interconnectors needed to integrate the North Seas region into a massive wind power production and trading area, new research from E3G shows. But the E3G researchers warn that most projects are still in an early phase and may not get built because of policy and regulatory barriers. They call on policymakers to develop a joint … [Read more...]
The real prospects for South Stream: it’s all about exemption
With the end of the Nabucco pipeline project, the road seems clear for Gazprom to soon triumphantly roll out its rival South Stream project. This is certainly what recent media reports have suggested. In reality, however, South Stream is still very far from what could be described as a “launching phase”, writes Bulgarian energy consultant Valentin Stoyanov. According to Stoyanov the success of South Stream now depends on the EU. If Brussels does … [Read more...]
European-Russian gas partnership threatens to unravel
As the areas of potential conflict are multiplying, the EU and Russia seem to be blundering into an increasingly fractious energy relationship that threatens to hurt both sides. Russia’s policies are even risking the whole future of gas in the European energy market, argues Frank Umbach, Associate Director at the European Centre for Energy and Resource Security (EUCERS), King's College, London. Umbach, who also works for the Centre for European … [Read more...]
Mr Putin, please shut down those pipelines again!
The EU internal market for gas will remain incomplete as long as long as many Member States continue to persist in following national policies, writes Tim Boersma, dissertation candidate at the University of Groningen and soon-to-be fellow at the Brookings Institution’s Energy Security Initiative in Washington, DC. According to Boersma, much better policy coordination is needed if Europe is not to miss out on the substantial benefits of an … [Read more...]
The Romania-Moldova Gas Pipeline: a chance for Moldova to connect to the EU
The Iasi-Ungheni gas interconnector between Romania and Moldova, the construction of which began in late August, is expected to improve Moldova’s energy security, bring commercial benefits to both Moldova and Romania, and contribute to the physical integration of the European gas market. The real raison d'ĂŞtre of the new pipeline is, however, rather geopolitical in nature: it will help wean Moldova from Russian domination and bring the country … [Read more...]
After Nabucco – Croatia to the Rescue of Central Europe’s Energy Security?
With the "death" of Nabucco, it seems that the EU strategy to diversify gas supplies to Central and South East European member states has failed miserably. Yet according to David Koranyi, Ian Brzezinski and Matthew Bryza of the Atlantic Council there are other ways to reduce these countries’ dependence on Russian gas supplies. They can work to expand gas interconnections in the EU. And, perhaps even more importantly, they can source US shale gas … [Read more...]
It is too early to give up on Nabucco!
The failure of Nabucco West is the result of a lack of strategic guidance and the inability of the Nabucco consortium and its shareholders to deliver on the market policy expectations of both Governments and societies in their respective countries. But it is too simplistic to say that the choice by the Shah Deniz II Consortium for the Trans Adriatic Pipeline (TAP) was made purely out of “commercial” considerations, argues Peter Poptchev, who has … [Read more...]
End of Nabucco – end of Southern Gas Corridor?
Now that the Trans-Adriatic Pipeline (TAP) was (apparently) chosen to be the preferred route to carry gas from the Shah Deniz II field in Azerbaijan to Europe, the EU flagship pipeline project Nabucco has effectively been killed. Agata Loskot-Strachota, Energy Policy Expert at the Centre for Eastern Studies (OSW) in Warsaw and Janek Lasocki, Advocacy Coordinator at the European Council on Foreign Relations in London, discuss – in five … [Read more...]
ENTSOG’s big plan for the European gas market
European transmission system operators are building the network for the gas flows of the future – but will there be any gas flowing in Europe ten years from now? At a workshop in Riga in March 2013 organised by ENTSOG (the European Network of Transmission System Operators for Gas), representatives from the gas industry discussed the implications of ENTSOG’s Ten-Year Network Development Plan (TYNDP), which was adopted in February. The participants … [Read more...]
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