Today we have an unusual article for you: a first-hand report about daily life in oil boom state North Dakota written by journalist Laura Gottesdiener. This is not perhaps about energy as such – but it is about some of the “external costs” carried by one source of energy production. And it’s a fascinating read! We can publish this article thanks to our cooperation with Tomdispatch.com, where it first appeared. … [Read more...]
Singapore’s push to be Asia’s first LNG trading hub & the uncertain future of the Asian gas market
With demand for LNG rising in Asia and a wave of supplies coming on-stream, long-term point-to-point contracts in the Asian market may give way to more flexible trade patterns and the growth of spot trading. Singapore with its deep water harbour and thriving financial centre is gearing up to become the first LNG trading hub for Asia. Â But success is not guaranteed. Energy reporter Rudolf ten Hoedt reports from Singapore. … [Read more...]
VIDEO: 5 toughest questions for Maroš Ĺ efÄŤoviÄŤ – European Commissioner for Energy Union
After Alenka Bratušek resigned ahead of the European Parliament’s vote, Jean-Claude Juncker proposed Maroš Ĺ efÄŤoviÄŤÂ as Vice President for Energy Union. Ĺ efÄŤoviÄŤÂ (nominated by Slovakia) had to answer a number of difficult questions during his hearing by the European Parliament’s Committees on Industry, Research & Energy (ITRE) and Environment, Public Health & Food Safety (ENVI) on 20 October. viEUws.eu produced a comprehensive video … [Read more...]
Understanding the Polish anti-climate crusade
However much the Polish Government says the EU can’t commit to higher emissions reduction without similar efforts by its other big economies, only naĂŻve western-European negotiators would believe this is the reason for Poland’s anti-climate position. The 2030 climate and energy package will be unwelcome in Poland as long as coal drives our politics, argue Marcin Stoczkiewicz and llona JÄ™drasik of the Polish NGO ClientEarth. … [Read more...]
VIDEO: “2030 climate and energy package vital to EU’s energy security” stresses European Commission
Marie Donnelly - Director for Energy Transition at the European Commission - speaks with viEUws.eu's energy journalist Hughes Belin about the EU climate and energy goals for 2030 and discusses the implications of the 2030 package for the European Union’s energy security, ahead of the European Council meeting on 23 and 24 October. … [Read more...]
VIDEO: Brussels Briefing on Energy: All you need to know for October 2014
For viEUws.eu leading energy journalist Hughes Belin provides an overview of the European Union’s most pressing energy issues: … [Read more...]
Another US – Russia confrontation: as LNG exporters
New Russian players will double their share in the global LNG market by 2018, says GlobalData Analyst in a press release. This means they will compete with the new US exporters that will be entering the same market. The global Liquefied Natural Gas (LNG) market, in which Gazprom intends to increase its liquefaction capacity by 250% to 25 million tons per year by 2018, will pose unfamiliar challenges to the company, according to an analyst with … [Read more...]
Brussels reveals: public support for renewables hardly different from non-renewables
For the first time ever, the EU Commission has mapped out how much public money flows to the energy sector in Europe and where it goes. According to a new report prepared by consultancy Ecofys, Europe spent €113 billion on energy subsidies in 2012. Remarkably, public support for coal is equal to that of onshore wind and total support for renewables is not much higher than for non-renewables. Also remarkably, the estimated “levelised costs” for … [Read more...]
Exporting a revolution: why the US LNG stampede will change the gas business forever (part 2)
The time for doubt is past. The US is well on its way to becoming a major LNG exporter – on a scale to rival Qatar and Australia. In part 2 of this two-part series, energy journalist Alex Forbes reviews the implications of what he is convinced will be the next gas revolution to come out of the United States. (Part I was published on 14 October here.) … [Read more...]
Exporting a revolution: why the US LNG stampede will change the gas business forever
The time for doubt is past. The US is well on its way to becoming a major LNG exporter – on a scale to rival Qatar and Australia. Export capacity could exceed 100 million tonnes per year by the early 2020s – 40% of the current global market. The US Department of Energy certainly seems to think so. The implications of this are profound: for US gas consumers, for natural gas markets around the world, and for proposed LNG export projects elsewhere. … [Read more...]
How does Alexey Miller look at the world? This is how
On 7 October Gazprom CEO Alexey Miller made a remarkable speech at the IV St. Petersburg International Gas Forum on the global gas industry. We reproduce the main points from his speech. They include some highly significant and contrary statements, which we have highlighted for you. Alexey Miller, Gazprom CEO: We believe that by the year 2050 natural gas will represent one third of the global energy mix and that the production volumes … [Read more...]
Fed up with federal inaction, States in US and Canada act alone on cap-and-trade
While the EU is discussing the introduction of a Market Stability Reserve to invigorate its moribund Emission Trading Scheme (ETS), States in the US are forging ahead, creating their regional emission trading schemes, writes Nick Cunningham of Oilprice.com. They may even manage to forge a national scheme. … [Read more...]
Carefully prepared Cañete dogged by conflict of interest
The candidate for EU Climate and Energy Commissioner, Miguel Arias Cañete from Spain, demonstrated an impressive grasp of his subject matter at his hearing at the European Parliament on Wednesday night in Brussels. But he failed to answer repeated questions about his brother-in-law’s involvement in two oil-related companies. Today, his future hangs in the balance as he becomes a hostage in a fight between the Parliament’s different political … [Read more...]
German lignite thrives on policy ambivalence
Germany has justly become world famous for its Energiewende. What is less well known is that the German lignite industry is continuing to wreak its environmental havoc on a large scale. On the basis of current German energy policies, writes Jeffrey Michel, there is no “lignite Ausstieg” in sight. … [Read more...]
“Everything depends on how much more Europeans are ready to pay for alternative sources of gas”
When he passed through Brussels recently, Russian researcher Andrei Belyi gave Energy Post his analysis of the crisis between Moscow and Brussels. For him, it’s a lose-lose situation, because he doubts the European sanctions will make Russia change tack on Ukraine, even if they are costing Moscow influence at international level, especially in negotiations with China. At the same time he questions whether European are prepared to pay for … [Read more...]
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