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: “Environmental protection best served through market”, Potočnik advises
In an exclusive interview with viEUws.eu, Janez PotoÄŤnik – the outgoing European Commissioner for the Environment - discusses how his successor Karmenu Vella could strengthen environmental protection through market instruments and advises the next European Commission on how to use the growth potential of green solutions. … [Read more...]
André Faaij, Energy Academy Europe: “The energy transition has only just begun"
While policymakers and companies generally acknowledge the need for an energy transition, they still underestimate the enormous task that is facing us. The real energy transition, says AndrĂ© Faaij, the new academic director of the Dutch research institute Energy Academy Europe, has yet to start. And, he adds, it will only succeed if it is strongly directed by government policy – preferably coordinated by Brussels – and approached in a … [Read more...]
The EU's great 2030 energy and climate compromise
European leaders agreed new climate and energy targets for 2030 of “at least” 40% greenhouse gas emission reductions, 27% renewables and 27% energy efficiency at a summit in Brussels on 23 October. Central and Eastern European countries led by Poland succeeded in getting substantial financial concessions in return for signing up to the package. Stakeholder reaction ranged from bitter disappointment among NGOs and energy efficiency advocates to … [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...]
Don’t get too excited, no one has cracked nuclear fusion yet
Aerospace giant Lockheed Martin’s recent announcement that it could make small-scale nuclear fusion power a reality in the next decade has understandably generated excitement in the media. Physicists, however, aren’t getting their hopes up just yet, writes Matthew Hole, Australia’s representative on the IAEA International Fusion Research Council of the International Atomic Energy Agency (IAEA) and Chair of the Australian ITER Forum. … [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...]
Brussels gives first glimpse of what it means by “Energy Union”
Career diplomat Maroš Ĺ efÄŤoviÄŤ from Slovakia gave the first glimpse of what the EU's "Energy Union" may look like during his hearing at the European Parliament on Monday night for the post of Europe’s Vice President Energy Union. Ĺ efÄŤoviÄŤ believes in common purchasing of gas and the Southern Corridor (but opposes South Stream), regards the internal market as the backbone of the Energy Union, supports the UK’s state aid to the nuclear power plant … [Read more...]
Save the EU Emissions Trading Scheme: set a price band
The Market Stability Reserve proposed by the European Commission will not be sufficient to reform the EU Emission Trading Scheme (ETS). If the ETS is to be saved, EU policymakers must instead take the bold step of establishing a price band for CO2 emission rights, argue Brigitte Knopf of the Potsdam-Institute for Climate Impact Research (PIK) and Ottmar Edenhofer of PIK and the Mercator Research Institute on Global Commons and Climate Change … [Read more...]
Cleantech innovation in Europe: the pace is picking up
The pace of innovation in the European energy sector is stepping up. “Energy is no longer seen as a commodity that simply needs to be there. It is perceived as a challenge for which solutions need to be found”, says Elena Bou, Innovation Director of KIC InnoEnergy, a top European company in the field of sustainable energy innovation, in an interview with Energy Post. According to Bou, successful innovation begins with “asking the right … [Read more...]
Analysis: “EU can cut natural gas imports by half, achieve 49% carbon reductions”
By ramping up cost-effective investments in renewable energy and energy efficiency the European Union can cut its dependency on natural gas imports in half, according to a new analysis. Carbon reductions of 49% or more could be achieved below the 1990 level by 2030 – far more than currently proposed. The study Increasing the EU’s Energy Independence: A No-Regrets Strategy for Energy Security and Climate Change was written by international … [Read more...]
The great EU climate and energy test: European leaders need deal that will convince the world
On 23 October EU leaders will meet to agree the foundations of an EU climate and energy policy for 2030. They need to settle on four targets: greenhouse gas emission reductions, renewables, energy efficiency, and – the most recent addition – interconnections. But even more: they will have to convince markets and policymakers across the world that the EU has a credible climate and energy strategy to offer. Sonja van Renssen explains the ins and … [Read more...]
Solar power to the people
The spectacular global growth of solar PV is one of the big energy stories of today. And it may well become the energy story of the 21st Century. Where did the solar revolution “suddenly”come from? And where will it take us? One of the pioneers of the sector, Peter F. Varadi, co-founder of what was once the biggest solar PV producer in the world, Solarex, has written a unique history of his company and that of solar PV. He also looks ahead to … [Read more...]
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