The Romanian energy sector is at a watershed, says Radu Dudau, Director of the Bucharest-based Energy Policy Group, in an interview with Energy Post. âWe are in urgent need of a new energy strategy. We need to decide what to do with our energy sector.â At the same time, says Dudau, the EU needs to get involved to coordinate regional energy matters in Central and Eastern Europe: âThis is a region with no encouraging history of cooperationâ But … [Read more...]
Energy subsidies probe is the kind of competition policy the EU needs
Capacity problems can best be tackled by letting prices fluctuate and making energy providers responsible for intermittent supply. To the extent that support schemes are used, they should be technology-neutral and driven by market forces to ensure efficiency, argues Diego Zuluaga, Deputy Director of the Epicenter (European Policy Information Center), a coalition of six free-market think tanks in Europe. For this reason, writes Zuluaga, the sector … [Read more...]
viEUws VIDEO: Brussels Briefing on Energy â All you need to know for May & June
In this Brussels Briefing on Energy for viEUws.eu, journalist Hughes Belin provides an overview of the latest EU energy policy developments, including the competition investigation into capacity markets and the meeting of the G7 energy ministers in Hamburg. He also looks ahead to the agenda for June. … [Read more...]
EU climate policy: time to come down to earth
For many years, the EU pursued the strategy of âleading by exampleâ in international climate negotiations. However, since the Copenhagen climate summit, frictions inside the EU and a paradigm shift have become increasingly evident, write Severin Fischer and Oliver Geden of the influential German Institute for International and Security Affairs (SWP). With the October 2014 compromise in the European Council on a new climate framework for 2030, the … [Read more...]
Demand response markets in Europe begin to blossom
Demand response markets are taking off in Europe, writes Jeff St John of the US energy website Greentech Media. For example, Belgian demand response specialist REstore, with more than 1 GW of peak load under management from large industrial customers, is set to expand into the UK and France. Pieter-Jan Mermans of REstore explains his strategy and tells why Germany is such a difficult market. Article courtesy of Greentech Media. … [Read more...]
Investigation into capacity mechanisms: a test case for the Energy Union
The sector inquiry into the use of capacity mechanisms announced by the EUâs Competition Commissioner Magrethe Vestager on 29 April has important implications for the creation of a single market for energy, writes Matthew Duhan, Adviser at the UK-based consultancy Global Counsel. According to Duhan, the willingness of DG Competition to take on Member States in this key area of energy policy will be a crucial test case for the success of the … [Read more...]
viEUws VIDEO: Brussels Briefing on Environment â All you need to know for May 2015
In this Brussels Briefing on Environment for viEUws.eu, Sonja van Renssen provides an overview of the latest EU environment policy developments, including the EU ETS reform, the indirect land-use change deal and pollution from medium-sized combustion plants. … [Read more...]
Greece and Iran: two old friends can change the geopolitics of energy in Europe
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 â and thereby the rest of Europe â 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...]
viEUws VIDEO: High hopes for UN September Summit on Sustainable Development Goals
Achim Steiner, Executive Director of the United Nations Environment Programme(UNEP), talks to Sonja van Renssen on viEUws.eu about his great expectations for the United Nations September Summit that will decide on the UN Sustainable Development Goals to be attained by 2030. … [Read more...]
Historic deal in Brussels: EU decides the future of its carbon market
The European Parliament and Member States have reached a historic deal on the first half of a two-part reform of the EU Emission Trading Scheme (ETS). This is the introduction of a âmarket stability reserveâ (MSR) that will mandate EU officials to add or remove allowances from the market according to pre-set rules. The MSR is supposed to wick away the enormous 2.1 billion "surplus" of carbon allowances that has accumulated in the market over the … [Read more...]
Tennet: Dutch electricity prices down 20%, price declines in almost all European countries
Electricity prices in the Netherlands declined 20% in 2014, according to a new Market Review published by Tennet, the Dutch transmission system operator (TSO), which is also active in Germany. According to the Market Review, electricity prices went down across Europe. Prices in the Netherlands and Germany showed convergence, but there was little convergence overall in Europe. The report also shows that coal-fired power plants are taking over from … [Read more...]
UBS: closures coal and gas fired power plants in Europe accelerating
The influx of renewable energy sources such as wind and solar into energy markets is forcing coal and gas fired generation out of the market even quicker than most analysts expected, according to a new market report from investment bank UBS. According to UBS, policymakers may have to take measures to prevent widespread bankruptcies in the European electricity market, writes Giles Parkinson of Reneweconomy.com.au. … [Read more...]
viEUws VIDEO: Brussels Briefing on Energy â All you need to know for April & May 2015
In this Brussels Briefing on Energy for viEUws.eu, Hughes Belin provides an overview of the latest EU energy policy developments, including the Gazprom investigation and various developments in South East Europe. … [Read more...]
EU investigation Gazprom comes at the wrong time
The timing of the EU's investigation of Gazprom further exacerbates tensions with Russia, notes Friedbert PflĂŒger, Director of the European Centre for Energy and Resource Security (EUCERS), Kingâs College London. PflĂŒger warns that if the EU and Russia continue to be on a collision course, both sides will lose. … [Read more...]
The Great Grid Special: where is Europe going with its grids?
The EU has adopted a 10% electricity interconnection target that all member states have to meet by 2020. However, experts question this one-size-fits-all approach. They do agree that new investment in power grids is crucial - but not which type should get priority: interconnection, transmission, distribution, "smart" or even microgrid. A new French report shows that most investment is actually going to gas grids where it may be less … [Read more...]
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