Egypt lost $10 billion in gas revenues from 2005-2011, according to a report by EIPR (Egyptian Initiative for Personal Rights) and Platform London. Contracts signed during the Mubarak years allowed the export of billions of cubic metres of underpriced gas to Jordan, Spain and Israeli-occupied Palestine, according to the report. EIPR and Platform London summarize the report, which is only available in Arabic, as follows: Some of the individuals … [Read more...]
VIDEO: Brussels Briefing on Energy – All you need to know for March 2014
Hughes Belin, leading energy journalist at viEUws.eu, provides an overview of the European Union’s most pressing energy issues: - EU Summit: EU-Russia energy relations in light of the recent developments inUkraine. “Economic ties could in this political crisis be the deterrent for escalation, that nuclear was during the Cold War”, says journalist Nicolas Gros-Verheyde from Bruxelles2 (March 20 and 21) - Discussions on energy and climate … [Read more...]
VIDEO: Energy Post in partnership with Shell – Putting innovation at the heart of 2030
PUTTING INNOVATION AT THE HEART OF 2030 Can the new EU 2030 climate and energy proposals drive European innovation and competitive edge? And what can be done to ensure this opportunity becomes Europe’s reality? New independent energy publication Energy Post, in partnership with Shell, is pleased to welcome the European Commission’s new Director-General for Energy, Dominique Ristori , to join us for debate about “Putting innovation at the … [Read more...]
VIDEO: Interview Dominique Ristori, new Director General Energy: 2030 deal by autumn
Hughes Belin, leading energyjournalist at viEUws.eu, is joined by Dominique Ristori, Director General for Energy at the European Commission for an exclusive interview on the further steps to reach a deal on the 2030 climate and energy package. EU leaders will debate the 2030 climate and energy goals at the European Council meeting on March 20 and 21. Ristori expects that during this meeting, member states will form a strong basis for an … [Read more...]
The EU 2030 climate package: crucial questions go unanswered
Although most observers have reacted positively to the Commission’s January 2014 package of proposals on 2030 climate targets, from a business perspective, there are too many areas where delays are threatening, writes Jesse Scott, Head of the Environment and Sustainable Development Policy Unit of Eurelectric, the European association of electricity producers. ”Many crucial questions have not yet been answered”, notes Scott – most of all when it … [Read more...]
Explosive report from France: shale revolution overblown
In an explosive new report, researchers from the influential French think thank IDDRI take apart many of the myths that in their view have developed around the unconventional gas and oil “revolution” in the US. Shale has not led to an industrial renaissance in the US, they write, nor will it make the US “energy independent”. Shale gas has not even contributed significantly to lower CO2 emissions in the US. For Europe, says lead author Thomas … [Read more...]
Energiewende under siege: German energy strategy under threat from EU “paradigm shift”
The German Energiewende is running up against a “paradigm shift” in EU energy policy, which seems on the point of slowing down the transformation towards a low-carbon economy.. As Germany cannot afford to continue with the Energiewende on its own, the German government will have to do its utmost to bend EU energy policy in its direction, write Oliver Geden and Severin Fischer of the German Institute for International and Security Affairs (SWP). … [Read more...]
Experts issue plea for new European energy policy to overcome “crisis of confidence”
On the eve of a crucial Summit of the European Heads of State and government, who will meet in Brussels on 20-21 March to discuss EU climate, energy and industrial policy, a group of prominent energy experts has issued a plea for a “new European energy policy”. The experts, led by Claude Mandil, former Executive Director of the International Energy Agency (IEA), say the state of European energy markets is “deeply unsatisfactory” as a result of … [Read more...]
World Energy Outlook hides the real potential of renewables
The IEA’s annual World Energy Outlook (WEO) is seen as the most authoritative set of energy scenarios in the world. Yet when we test the forecasts for the growth of renewable energies in the WEO’s main scenario against reality, we find that the WEO consistently comes out too low. Each year from 2006 on the WEO has had to increase its forecast for wind and solar power. Yet each year the WEO predicts the growth of renewables to level off by 2020, … [Read more...]
VIDEO: Brussels Briefing on Environment – All you need to know for March 2014
Sonja van Renssen, leading environment journalist at viEUws.eu, provides an overview of the latest developments in the field of European Environment Policy. Topics discussed include: - EU Summit: climate, energy and industrial competitiveness on the agenda (March 20 and 21) - Provisional agreement on including aviation in the EU’s Emissions Trading Scheme (ETS) - The start of the ETS backloading plan - Provisional deals on a tougher … [Read more...]
Can Germany survive the Energiewende?
The German Energiewende is a heroic but – as it’s conceived now – increasingly disordered effort for unshackling industrial society from the chains of fossil fuels. Due to mistaken assumptions and unrealistic scheduling, it is now confronted with persistent obstacles. The new Merkel government has introduced some changes, but they won’t be enough to sustain the Energiewende, argues independent energy consultant (and renewable energy sympathizer) … [Read more...]
Ukraine fallout: how to deal with South Stream and Nord Stream
A new report from the Oxford Institute for Energy Studies (OIES) contends that, in light of the Ukraine crisis, the EU should allow Gazprom to use its great new pipelines South Stream and Nord Stream for itself and not be required to grant access to third parties. But the Center for Security Studies (CSS) ETH ZĂĽrch, argues the opposite in a new report of its own. It says the EU should adopt a strict regulatory policy towards South Stream and … [Read more...]
VIDEO: EU pins hopes on 2016 for global airline emissions deal
Sonja van Renssen, leading environment journalist at viEUws.eu, talks to Member of the European Parliament Peter Liese, rapporteur on Aviation in the EU ETS, about the provisional agreement on including aviation in the EU’s Emissions Trading Scheme (ETS). On the 4th of March, the European Parliament, Council and European Commission reached a provisional agreement on ETS rules for aviation, which will restrict the scheme to intra-European … [Read more...]
What the Ukrainian crisis means for gas markets
A new report by the Oxford Institute for Energy Studies discusses what the current Ukrainian crisis could mean for EU and global gas markets. According to the report, "The change of government in Kyiv, the Russian military action in Crimea, the diplomatic reaction by the western powers, and the perceived danger of war, clearly have implications for all economic relations between Russia, Ukraine and Europe, especially in the energy sphere. … [Read more...]
IHS: save Energiewende by replacing offshore wind with shale gas
A new research report from international energy consultancy IHS "presents a path towards a rebalanced approach that could return the Energiewende to its original goal of providing a competitive transition to a low-carbon economy while generating substantial benefits to Germany’s gross domestic product (GDP), jobs, income, trade position and government revenues." According to IHS, "redeveloping the current Energiewende would reduce the cumulative … [Read more...]
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