Brussels correspondent Hughes Belin reports on the EU's first ever State of the Energy Union report, with details on achievements to date and legislative proposals to come in 2016. He notes the many challenges the internal energy market still faces, notably from national capacity markets. The European Commission has fleshed out its thinking on a new governance system for energy, including obligations for Member States. EU Energy Ministers … [Read more...]
EU’s first State of the Energy Union report: how it will deliver on climate and energy goals for 2030
The EU’s first-ever “State of the Energy Union” report is determinedly optimistic on progress, but offers little new information and appears to take just a small step towards resolving the biggest challenge of all: uniting national interests around EU priorities. Published by the European Commission on 18 November, the report is accompanied by a whole suite of studies in areas from energy security to climate action. The package sets out … [Read more...]
Broken public utilities: how to fix them
The recent newspaper reports of financial and operating problems at the Puerto Rican Electric Power Authority (PREPA) and South Africa’s ESKOM show that these state-owned systems suffer from similar governance and regulatory deficiencies, writes Branko Terzic, Managing Director of Berkeley Research Group and Nonresident Senior Fellow at the Atlantic Council. According to Terzic, a former Commissioner on the U.S. FERC (Federal Energy Regulatory … [Read more...]
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