Fossil fuels are triggering violent conflicts all over the world, says Michael Klare, Professor of Peace and World Security Studies at Hampshire College in Massachusetts, the US. Klare zooms in on four areas – Iraq/Syria, South Sudan, the Crimea/Ukraine, and the South China Sea – to argue that the desire to control valuable oil and gas assets is fuelling long-standing historic tensions. “In a fossil-fuel world, control over oil and gas reserves … [Read more...]
US energy independence: fact or fiction?
What do you get when you speak with four American investment analysts about the prospects of US gas and oil production, the sustainability of fracking, the risks of the crises in Ukraine and the Middle East, and the potential of nuclear energy and renewables? You get four different, but outspoken opinions, from people with different  perspectives on the world than what you usually find in Europe. A four-way interview by J.T. Long for The Energy … [Read more...]
Russian energy sector will cease to be engine of growth
The contribution of the energy sector to Russian GDP will decrease by nearly 50% over the coming decades. Although energy will continue to provide an important foundation to the Russian economy, it will cease to be an engine of growth. That is the main conclusion of Global and Russian Energy Outlook to 2040, recently published the Energy Research Institute of the Russian Academy of Sciences and the Analytical Centre of the Government of Russia. … [Read more...]
Reforms needed for Energy Community
The Energy Community High Level Reflection Group has issued a report on how the work of the Energy Community - an international organisation comprising the European Union and eight neighbouring countries (Albania, Bosnia and Herzegovina, Kosovo, former Yugoslav Republic of Macedonia, Moldova, Montenegro, Serbia and Ukraine) – may be improved. The Report contains proposed solutions to the most pressing challenges facing the Energy Community, … [Read more...]
Ten take-home messages from the new European Energy Security Strategy
On 28 May the European Commission published a new energy security strategy for the EU that sets out a long list of short-, medium- and long-term actions to reduce dependence on Russian gas. These range from regional “stress tests” for supply disruptions to new priority gas infrastructure projects to serious examination of centralised gas purchases. For many however, it is energy efficiency that will make or break this strategy. Sonja van Renssen … [Read more...]
The Birth of a Eurasian Century
The signing of the long-awaited $400 billion gas contract between Russia and China is a sign of changing times, writes Pepe Escobar. According to the Asia-based reporter, there are many developments going on, virtually unreported by the western media, that are chipping away at the dominance of the United States in the world. A Russian-Chinese alliance is forming, which will reach out into Europe through energy and trade relations – and  perhaps … [Read more...]
Time for real change: Ukraine crisis shows bankruptcy of “security-as-usual”
Poland’s proposal to reduce the EU’s energy dependence on Russia by collective buying of gas and maximising domestic production of coal shows a reactive, “security-as-usual” approach that is totally behind the times, writes Luca Bergamaschi of think tank E3G. According to Bergamaschi, the EU should instead improve its energy security by radically reforming its energy system, above all by improving energy efficiency. Studies show that Germany … [Read more...]
Leaked doc: David Cameron’s plans to make the EU fit UK energy policy
After Polish Prime Minister Donald Tusk, it’s David Cameron’s turn to seize the moment and promote a vision for EU energy security that neatly fits the UK’s own energy objectives. In a leaked “non-paper” seen by Energy Post the UK Prime Minister sets out what he wants EU leaders to agree at their next summit in Brussels in June. Cameron calls for energy security to be embedded in the EU’s 2030 climate and energy package, full freedom to develop … [Read more...]
Samuele Furfari: “If Russia cuts the gas tap, it can forget its dream of selling gas to China one day”
The EU has made remarkable progress in improving its security of supply over the last decade and should not worry that Russia will cut off its gas supplies, says Professor Samuele Furfari in an interview with Energy Post Brussels Correspondent Hughes Belin. A long-time senior advisor at the European Commission, Professor Furfari, author of a brandnew provocative book in French - "Vive les Ă©nergies fossiles!" - says the world has entered a new … [Read more...]
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