Will EDF with Chinese backing build a new third-generation nuclear power plant in the U.K., and if so under what conditions? The answer to this question will be vital to the future of the European energy sector. And a great deal will depend on the European Commission, which is expected to decide any moment whether the U.K.âs agreement with EDF will be allowed under EU State Aid rules. In the World Nuclear  Industry Status Report 2014, an annual … [Read more...]
Do we need capacity markets? Do we need Russia?
There are two major issues on which the future of the energy sector hangs, notes EP editor Karel Beckman: 1) Â how far will the renewables revolution go in combination with climate policy; 2) how will growing geopolitical tensions, especially relations with Russia, affect markets? Karel asks whether we need capacity schemes, indicates how utilities could get back on a growth path and how (not) to deal with Russia. … [Read more...]
Brussels sets dangerous precedent by clearing UK capacity market
The European Commission has given the green light to a proposed UK capacity market that aims to ensure enough electricity is available to cover consumption at peak times. This is the Commissionâs first assessment of a capacity market under new EU guidelines on energy and environment state aid that entered force on 1 July. The Commission says the aid is justified because it will contribute to the UKâs security of supply âwithout distorting … [Read more...]
European Commission spits forth a 30% energy efficiency target
Europe should adopt a 30% energy efficiency target for 2030, the European Commission finally announced on 23 July â without specifying whether that target should be binding or not. That decision it left to European leaders when they meet on 23-24 October. There, they are set to decide on a 2030 climate and energy package for Europe. But certainly for energy efficiency, the path is far from clear and any legislative follow-up is at least three … [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...]
EU Court upholds national renewable subsidy schemes in surprise decision
In a rare event, the EU Court of Justice has overturned the opinion of its own Advocate-General to rule that member states are not obliged to open up their national renewable subsidy schemes to producers in other countries. The decision was welcomed by renewables producers and member states such as Germany, which have generous subsidies in place. But it was lambasted by others, such as RECS International, an organisation of market players, … [Read more...]
Why Brussels is reluctant to adopt an energy efficiency target thatâs good for the EU economy
Within weeks, the European Commission will propose an energy efficiency target for Europe for 2030 that is substantially lower than what many stakeholders and policymakers believe is feasible. It will even be lower than what the Commissionâs own impact assessment concludes is beneficial for the economy. And it will probably be non-binding although the impact assessment says a binding target would be more effective. Why this reluctance from … [Read more...]
EU Court of Justice: national support schemes for renewables compatible with EU law
The Swedish support scheme promoting green energy production in the national territory is compatible with EU law. Member States are not required to support the production of renewable energy in other EU States. The Renewable Energy Directive  allows Member States to support the production of green energy. Under that directive, Member States which grant benefits to producers  are not required to support the use of green energy produced in … [Read more...]
Corruption serious barrier to sustainable energy system in southeast Europe
High-level corruption in the energy sector is seriously affecting countries in seven countries in South Eastern Europe, according to the study Winners and Losers: Who Benefits from High Level Corruption in the South East Europe Energy Sector?. NGOs who authored the report, Â launched 24 June in Brussels during a High Level Policy Conference, call upon EU institutions to treat the reform of the energy sector in South East Europe as an urgent … [Read more...]
A warning from the IPCC: the EU 2030âs climate target cannot be based on science alone
The European Union often emphasizes that it is pursuing a âscience-basedâ climate policy. The European Councilâs long-term emission reduction target of 80-95% by 2050 explicitly refers to the Fourth Assessment Report of the Intergovernmental Panel on Climate Change (IPCC). Thus, it came as a surprise for many European policymakers and stakeholders that the latest IPCC report did not offer any specific guidelines on future EU climate targets. … [Read more...]
An economic disaster in the making: how Europe is losing its energy efficiency lead
A European building retrofit programme could reduce Russian gas imports by 80%. A 40% energy saving target could  remove the need for Russian gas altogether. Yet the EU currently seems unwilling to impose the measures necessary to step up energy saving. As a result, European industry is rapidly losing its international lead in efficiency, which is crucial to its international competitiveness. What is more, European companies active in energy … [Read more...]
Obamaâs Clean Power Plan: why itâs smarter than you think (and beats EU policy)
The Clean Power Plan recently announced by the US Environmental Protection Agency (EPA) has been hailed for its good intentions, but also widely criticized for its âmodestâ ambitions. What most commentators have failed to note, however, is that, compared to EU climate policies, Obamaâs plan is really a smart piece of legislation. It avoids the policy failures made by Brussels and lays a solid foundation for a successful low-carbon strategy. … [Read more...]
How the EU should deal with the Ukraine gas crisis
The Russian decision, on 16 June, to halt gas supplies to Ukraine spells trouble for the coming winter. Even if the current crisis is resolved, uncertainties over Ukraine will remain. Therefore, the EU needs to prepare for another gas crisis, both in the short term, by establishing crisis mechanisms, and in the medium term, to prevent future crises. Agata Ĺoskot-Strachota of the Centre for Eastern Studies (OSW) in Poland sets out the urgent steps … [Read more...]
“Retroactive amendments to Czech law threaten renewable energy sector”
The Czech Photovoltaic Industry Association and the Alliance for Energy Self-Sufficiency have expressed their fears about planned retroactive changes to legislation guaranteeing support for renewable energy in the Czech Republic in letters addressed to the European Commission and Members of the European Parliament and have asked for an independent assessment of related materials and documentation. Suspicions about retroactive changes of the … [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) â may be improved. The Report contains proposed solutions to the most pressing challenges facing the Energy Community, … [Read more...]
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