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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