Greece, which has long had friendly relations with Iran, is poised to play a key role in distributing Iranian to gas to Europe, if Iranian sanctions are lifted. With Iran in the equation, the energy geopolitics of the region – and thereby the rest of Europe – will look very different from what they are today, write Christos Brakoulias, Constantine Levoyannis and Dr. Angelos Gkanoutas-Leventis of the Greek Energy Forum (GEF) in Brussels. … [Read more...]
Greece: Russian backdoor to fortress Europe?
An alliance between Greece and Russia could have far-reaching consequences for EU-Russia energy relations and for the success of the EU’s energy policy in South Eastern Europe, writes Constantine Levoyannis, Deputy Head of the Greek Energy Forum in Brussels. According to Levoyannis, it could open the door for Gazprom’s proposed gas pipeline Turkish Stream and even lead to a rapprochement between Turkey and Greece. … [Read more...]
No shale gas in Eastern Europe, after all: implications of Chevron’s exit from Romania
Chevron’s decision to give up on Romanian shale gas exploitation, after earlier having departed from Poland and Lithuania, marks the final departure from the US company’s Eastern European shale gas adventure. According to Anca Elena Mihalache, Senior Analyst with the Bucharest-based Energy Policy Group, Chevron’s exit makes it clear that there is little hope for successful shale gas development in Central and Eastern Europe. She hopes that … [Read more...]
Cheap oil vs wind and solar: fight for future of energy
This article by Giles Parkinson of Reneweconomy is no longer available on Energy Post. See the original article here:published by Reneweconomy.com … [Read more...]
A vision of a Gas Union in Central and South East Europe
We will never have a unified European energy policy as long as Central and East European gas markets remain fragmented and divided, writes Peter Poptchev. Now, however, under the impetus of the Energy Union, the EU has a unique opportunity to put its Eastern gas house in order. Poptchev sets out the main steps that need to be taken to achieve this goal. … [Read more...]
Russia’s Grand Gas Strategy – the power to dominate Europe?
For Russia, energy resources, especially gas, are viewed as a tool to project power beyond its borders. However, Russia’s room for “gas games” is constrained by its own capacities, the gas strategies of other players, and the EU’s ability to project its regulatory power, write Zuzanna Nowak and JarosĹ‚aw Ćwiek-Karpowicz of the Polish Institute of International Affairs (PISM) and Jakub Godzimirski of the Norwegian Institute of International Affairs … [Read more...]
Ex-Polish Prime Minister Tusk reclaims Energy Union agenda
Energy security through new fossil fuel supplies and transport infrastructure, not energy efficiency and renewables, dominates the conclusions issued by EU heads of state and government after their first debate on an Energy Union for Europe in Brussels on Thursday. Former Polish Prime Minister Donald Tusk – now President of the European Council of Ministers – appears to have reclaimed in large part the Energy Union he helped set in motion, … [Read more...]
Interview Andriy Kobolev, CEO Naftogaz: “Gazprom breaches EU law by blocking reverse flow to Ukraine”
Gazprom is blocking reverse gas flow from Slovakia to Ukraine in violation of EU law, says Andriy Kobolev, the CEO of Ukraine’s state-owned gas monopoly Naftogaz, in an exclusive interview with Slovakian energy analyst Jozef Badida. As a result European companies are not able to meet the demand from gas in Ukraine and Ukraine is left at the mercy of Gazprom. Kobolev calls on the EU to take action against the Russian company. But he also notes … [Read more...]
Experts from World Energy Council highly critical of Energiewende
The German Energiewende cannot serve as a model for other countries. It is a threat to European security of supply, will have a negative impact on German growth prospects in the short term and is too costly. That’s the opinion of a majority of experts from 35 member organisations of the World Energy Council from across the world. … [Read more...]
Back to a nuclear future: the Abe government restarts Japan’s energy policy Â
The renewed mandate Japan's Prime Minister Shinzo Abe received from voters in the snap election in December will have big implications for the Japanese energy industry. Abe is set on re-starting closed nuclear reactors - and scaling back renewables subsidies. A recent report from the Institute of Energy Economics in Tokyo backs him up, saying that “renewable power generation capacity has increased too rapidly”. But a majority of Japanese are … [Read more...]
Brussels tests limits of its powers with Energy Union
Energy Post takes stock of what the proposals for an Energy Union mean and ponders the key question: can Brussels deliver? The Commission is pushing hard on a far-reaching redesign of the electricity market, which is to be driven by the EU Emission Trading Scheme and increasingly run by EU institutions. In gas Brussels also wants to take a central role. When it comes to climate policy, the Commission has some substantial new proposals on energy … [Read more...]
Highlights from the Energy Union package – and responses
The European Commission announced its plans for a far-reaching Energy Union for Europe on 25 February, with a work package full of legislative and non-legislative actions for the next two years. Brussels also presented a strategy for the UN climate talks in Paris in December and a paper on how to meet electricity interconnection targets inside the EU. We present the highlights plus some responses. For a detailed analysis, see the accompanying … [Read more...]
The Energy Union: it’s now or never for a European energy policy
Rarely has an idea conquered the policymaking conversation in the EU as rapidly as that of the Energy Union. In less than a year it has become the big package in which all EU climate and energy policies are to be wrapped up. Where did the idea come from? How will it change EU energy policy? Editor Karel Beckman spoke to experts from Poland, Luxembourg, France, Italy and the UK to find out. They agree it's now or never for a true European energy … [Read more...]
A “J’Accuse” from an ex-EU official: only a real Energy Union can save the EU energy market
An “Energy Union” in Europe means that an EU-level organisation will balance the flows of electricity, not national transmission system operators. And it means the EU will ensure security of supply - not the national member states. That is the vision of Jean-Arnold Vinois, until recently Director in charge of the internal energy market at the European Commission and co-author of a groundbreaking report from Notre Europe (Jacques Delors Institute) … [Read more...]
Russia’s oil and gas tax policies look increasingly eastward
Recent changes in the taxation of Russia’s oil and gas sector reflect both the country’s pivot eastward and the special treatment afforded to its state-controlled energy companies, says an analyst with research and consulting firm GlobalData. … [Read more...]
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