Russian company Novatek has started exporting LNG from Yamal in the Arctic. It is in many ways a game-changing project, writes Anna Mikulska of the Kleinman Center for Energy Policy at the University of Pennsylvania and the Baker Instituteâs Center for Energy Studies. It puts Russia on the map as LNG exporter, it provides a challenge to Gazprom, is a significant step in the development of the Arctic region, and it expands energy relations between … [Read more...]
Exclusive interview Maros Ĺ efÄoviÄ: Energy Union is âdeepest transformation of energy systems since Industrial Revolutionâ
Before the next European elections in 2019, MaroĹĄ Ĺ efÄoviÄ , the European Commissionâs Vice-President for the Energy Union, wants to have a new legal framework in place which will âbring in the most comprehensive and deepest transformation of energy systems in Europe, since the [industrial revolution] one hundred and fifty years ago.â In an exclusive interview with Energy Post, he says that the success of the Energy Union project âwill decide the … [Read more...]
Video debate: what impact will Nord Stream 2 have on European energy security?
Is Nord Stream 2 good or bad for Europe? Is the European Commission right to try to change the EU Gas Directive apparently to halt Nord Stream 2? On 28 November Energy Post held a conference in Brussels, sponsored by Nord Stream 2, and moderated by our EU correspondent Sonja van Renssen, where Gazprom's pipeline project was debated. The video shows the highlights of the debate. … [Read more...]
The German electricity market in 2016: more gas, renewables stable, higher emissions, higher tariffs
Whereas gas-fired power grew strongly in Germany in 2016, the output of renewables declined slightly. CO2 emissions went up, as did network tariffs and consumer prices. Renewables were funded 70% through auctions and just 30% through feed-in tariffs. An overview by Marius Buchmann. … [Read more...]
The Gas Directive and its application to EU-Third Country pipelines
The existing EU Gas Directive regulates issues pertaining to the transmission of gas from third countries to the Union, but is ambiguous. It can be interpreted in such a way that gas pipelines from these countries are not covered by EU energy regulations, leaving room for abuse. The European Commissionâs proposal to clarify  the application of the Gas Directive to these pipelines is therefore to be welcomed, writes Szymon ZarÄba, international … [Read more...]
The European Commissionâs last-ditch effort to stop Nord Stream 2: how likely is it to succeed?
The European Commissionâs proposal to extend the Gas Directive to so-called import pipelines is an obvious attempt to try to block Nord Stream 2, writes Karel Beckman, editor-in-chief of Energy Post. According to Beckman, it is not likely to succeed: the opposition to Nord Stream 2 is political in nature and cannot be stopped through legal means. (This article is part of a two-part response to the Commissionâs proposal of 8 November to amend the … [Read more...]
Lost in regulation: the EU and Nord Stream 2
The European Commission has proposed changing the Gas Market Directive to include import pipelines from third countries. This would make EU regulations, such as unbundling and third-party access rules, applicable to Nord Stream 2. According to Severin Fischer, Senior Researcher at the Center for Security Studies (CSS) at ETH Zurich, the Commissionâs approach to Gazpromâs pipeline project risks getting lost in legal inconsistencies. Fischer … [Read more...]
How Romania can become a key player in the European gas market
Romania has the third largest natural gas reserves within the European Union (EU) and new reserves are still being discovered. With domestic gas production within the EU declining, the country could play an important role in the regional market. But for this to happen, interconnections need to be expanded and the liberalization of the market needs to be completed, write Ramona Visenescu and Henry Bartelet of the independent international think … [Read more...]
Brussels opponents of Nord Stream 2, why do we hear so little about Ukraine?
One reason why Nord Stream 2 is opposed in EU circles is because it undermines the position of Ukraine as gas transit country. The problem is that Ukraineâs gas sector is notoriously corrupt â and recent news indicates the government is making no progress at all on âreformâ. Meanwhile, the European Commissionâs attempt to get a âmandateâ from the European Council (the Member States) to negotiate with Russia about the pipeline, seems bound to … [Read more...]
A dangerous energy policy: Ukraine, despite war, is making itself dependent on Russian oil
When it comes to Ukrainian dependence on Russian energy, the spotlight is usually on natural gas. Here Ukraine has made unprecedented progress, writes Wojciech KonoĹczuk, analyst at the Centre for Eastern Studies (OSW) in Warsaw. But what few observers notice, KonoĹczuk adds, is that as a result of corruption and neglect Ukraine has let its domestic oil refining industry decay and has become critically dependent on Russian diesel and LPG … [Read more...]
Itâs nonsense to say fracking can be made safe, whatever guidelines we come up with
With companies in the UK (Cuadrilla Resources, Third Energy) getting ready to frack for shale gas, the debate over whether this can be done safely has once again flared up. According to Professor Richard Davies of Newcastle University it is possible to manage and reduce risks, but it is an illusion to believe fracking can ever be completely safe. Courtesy The Conversation. … [Read more...]
Interview David Hone, Chief Climate Change Advisor Shell: âNet zero emissions are achievable. The timing is challengingâ
EU climate and energy policy is âreasonably effectiveâ, but it could achieve more for the climate if it focused purely on reducing CO2-emissions, says David Hone, Chief Climate Change Advisor at Shell, in an interview with Energy Post. âThere are too many goals and too many targets.â Hone also argues that first generation biofuels are needed to make advanced biofuels work and that a ânew approachâ towards CCS is urgently needed. Globally, Hone … [Read more...]
Remi Eriksen, CEO DNV GL: Gas and renewables can be best of ‘frenemies’
Gas could be the ideal partner for renewable energy generation in a future sustainable energy mix, writes Remi Eriksen, Group President and CEO of DNV GL, one of the largest risk management providers in the world with operations in more than 100 countries. However, for this to happen, the oil and gas industry must help policymakers and the public become aware of all the benefits of gas, notes Eriksen, not just the economic ones. Also, the … [Read more...]
A revolution: The Netherlands kisses gas goodbye â but will it help the climate?
Revolution in gas country the Netherlands: the Dutch government wants all residential buildings to be off gas in 2050. The objective is to reduce CO2 emissions from the built environment. But does phasing out gas deliver the expected results? Eline van den Ende spoke to experts and concludes that a âgas-lessâ society makes sense only if additional measures are taken. … [Read more...]
A new energy bible: Samuele Furfari explains why technology is king
If youâre in the energy business, here is a new manual for you that lays out the essentials of what energy is and how it shapes geopolitics today. Professor and long-time European Commission official Samuele Furfari has condensed his 39 years of experience in the energy sector into a two-volume tome of more than 1,250 pages that goes right from the fundamentals of physics through Britainâs rule of the Middle East to modern day realities such as … [Read more...]
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