By opening up an additional route for cheap Russian gas to Germany, the Nord Stream 2 pipeline project may look like a good deal for Europe. However, its advantages are primarily short term, writes Agata Loskot-Strachota of the Centre for Eastern Studies (OSW) in Poland. In the longer term the pipeline increases the possibilities for Russia’s excessive influence on the European gas market, undermines the policy goals of the Energy Union, and … [Read more...]
Interview Marko Delimar, IEEE: “Technologists need to demystify energy”
“Right now renewable energy is still in the single digits in Europe. That’s a disaster”, says Marko Delimar, Professor at the University of Zagreb and Chair of the European Public Policy Group of the engineers association IEEE, the largest professional association in the world. According to Delimar, the energy transition is still at a very early stage. Technologists, he says, in an interview with Energy Post, have an important task: “We need to … [Read more...]
Klaus Schäfer, future CEO of E.ON spin-off Uniper: “EU should set a target for gas”
The EU should define how much gas it wants by when, and recognise that Nord Stream 2 can provide additional security of supply, argues Klaus Schäfer, the incoming CEO of E.ON spin-off Uniper in this exclusive interview with Energy Post. Schäfer, who is currently Board member of the E.ON Group, says Europe is further away than ever from a single market for electricity and calls on policymakers to recognise that security of supply has a cost. He … [Read more...]
The new Polish government’s energy policy: expect more State, less market
The new Polish government will not just resist ambitious EU climate targets, it will also increase the role of the State in the energy sector, write researchers Kacper Szulecki (University of Oslo) and Andrzej Ancygier (Climate Analytics) . The conservative Law and Justice Party that has been swept into power intends to create a Ministry of Energy, which will take control of the major Polish energy companies, note the authors. The likely new … [Read more...]
A quiet gas revolution in Central and Eastern Europe
Turkish Stream, Nord Stream, South Stream, Nabucco - the discussion about the European gas market centres on big gas pipeline projects which are supposed to make Europe either more or less dependent on Russia. However, unnoticed by most observers, Central and Eastern European countries have been carrying out numerous smaller projects that together are radically transforming the European gas market, write Colin Harrison and Zuzana Princova of … [Read more...]
Power-to-gas: how carmakers can go green (without cheating)
European carmakers are required to reduce their CO2-emissions, but the Volkswagen affair has shown they find it increasingly difficult to do so. There is a way out, however, writes energy consultant Mike Parr: they could follow the example of Audi and invest in power-to-gas systems. This would kill two birds with one stone, argues Parr: it would help decarbonise the transport sector and could enormously help the integration of variable renewables … [Read more...]
Why Brussels should not interfere with Nord Stream 2
In its efforts to increase European energy security and create a common European energy market – and ultimately an Energy Union worth its label – the European Commission preeminently emphasizes the diversification of supply routes. For this reason it has criticised the Nord Stream 2 project of Gazprom and a number of European companies. But while diversification certainly remains one of the basic principles of energy security, it is only one of … [Read more...]
viEUws Brussels Briefing on Energy: all you need to know for October/November
Hughes Belin gives details on what to expect in the first State of the Energy Union report due from European Commission Vice-President, Maroš Ĺ efÄŤoviÄŤ, on 18 November. In the meantime, he reports on the official signing off of a new gas interconnector between Lithuania and Poland, and looks ahead to an EU LNG strategy due next year. A public consultation on redesigning the European electricity market has closed and legislation on the back of … [Read more...]
How Russia is plotting to split OPEC
Russia’s geopolitical strategy, including its intervention in Syria, is all about energy, writes Dalan McEndree of Oilprice.com. According to McEndree, President Putin is aiming to split OPEC into two blocs – the haves (Saudi Arabia, Kuwait, UAE and Qatar) and the have-nots (Iran, Iraq, Libya, Algeria, Venezuela. Nigeria) – with Russia supporting the have-nots. In this way Putin tries to pressure Saudi Arabia to reverse its oil policy, which is … [Read more...]
Disaffected members of UNECE Gas Centre launch new Global Gas Centre under wings of World Energy Council
The World Energy Council is launching a new Global Gas Centre in St. Petersburg on 6 October in collaboration with gas companies ENGIE, OMV and Swissgas. These companies have all recently left another gas organisation, the Gas Centre of the UNECE (United Nations Economic Commission for Europe), out of dissatisfaction. In St Petersburg, the Global Gas Centre wants to sign up new members, particularly Gazprom, the current Chair of the UNECE’s Gas … [Read more...]
Why Ukraine has to reform its gas sector
Ukraine has embarked on “the mother of all reforms”: that of the gas sector. This is one of the most important and most difficult reforms Ukraine has to undertake. Yet without the marketisation of gas prices and an improvement in Naftogaz’s financial standing, it will be impossible to reform Ukraine’s public finances and end the long-standing economic crisis. Energy sector reform is a central goal of the post-Euromaidan government and indeed the … [Read more...]
Buying energy in the land of the free
European energy users often look with envy at the US, where energy is abundant and cheap. However, writes Benedict De Meulemeester, such simplistic comparisons ignore the many structural differences that exist between the two markets: “In the land of the free, energy markets are in many ways less free – and certainly less transparent – than in Europe.” According to De Meulemeester, Managing Director of E&C Consultants, “a US energy buyer has … [Read more...]
Interview Taner Yildiz, Energy Minister Turkey: “We will ensure security of supply through the market”
Turkey, faced with strong demand growth and high import dependency, is undertaking ambitious projects in new nuclear power, coal power and renewables. In an exclusive interview, Taner Yildiz, Minister of Energy and Natural Resources, explains how the Turkish government is shaping the country's energy strategy, but notes that the private sector will have to make the investments. “Having put in place a transparent, competitive market structure, I … [Read more...]
How hub-based pricing is reshaping the EU gas market – even Spain
Countries like Spain, which have long been immune to the shift from oil- to spot market-based gas pricing, are finally waking up. With that, come fresh opportunities for alternative gas suppliers to sell more and end-customers to pay less. So the evidence suggests, writes Benedict De Meulemeester, owner and founder of the international energy and environment consultancy E&C. Taking the UK as an example, he urges Spain to use a new … [Read more...]
The new fracking – how shale gas may yet transform the European energy market
Shale gas in Europe – it’s a revolution that does not seem to be happening. Even in countries like Poland and the UK, where governments are pushing it. However, European shale gas may get a second chance – if US company eCorp is to be believed. CEO John Thrash of eCorp says his company can frack without using any water, with no chemicals and much cheaper. The French government first embraced eCorp’s technology, only to ignore it later, “for … [Read more...]
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