On 23 October EU leaders will meet to agree the foundations of an EU climate and energy policy for 2030. They need to settle on four targets: greenhouse gas emission reductions, renewables, energy efficiency, and – the most recent addition – interconnections. But even more: they will have to convince markets and policymakers across the world that the EU has a credible climate and energy strategy to offer. Sonja van Renssen explains the ins and … [Read more...]
Carefully prepared Cañete dogged by conflict of interest
The candidate for EU Climate and Energy Commissioner, Miguel Arias Cañete from Spain, demonstrated an impressive grasp of his subject matter at his hearing at the European Parliament on Wednesday night in Brussels. But he failed to answer repeated questions about his brother-in-law’s involvement in two oil-related companies. Today, his future hangs in the balance as he becomes a hostage in a fight between the Parliament’s different political … [Read more...]
Ten take-home messages from the new European Energy Security Strategy
On 28 May the European Commission published a new energy security strategy for the EU that sets out a long list of short-, medium- and long-term actions to reduce dependence on Russian gas. These range from regional “stress tests” for supply disruptions to new priority gas infrastructure projects to serious examination of centralised gas purchases. For many however, it is energy efficiency that will make or break this strategy. Sonja van Renssen … [Read more...]
Leaked doc: David Cameron’s plans to make the EU fit UK energy policy
After Polish Prime Minister Donald Tusk, it’s David Cameron’s turn to seize the moment and promote a vision for EU energy security that neatly fits the UK’s own energy objectives. In a leaked “non-paper” seen by Energy Post the UK Prime Minister sets out what he wants EU leaders to agree at their next summit in Brussels in June. Cameron calls for energy security to be embedded in the EU’s 2030 climate and energy package, full freedom to develop … [Read more...]
You cannot compare apples with climate policies: why there is no Modelgate in Brussels
The European Commission has recently suggested a new greenhouse gas reduction target for 2030 that is perceived as too low by many NGOs. Moreover, some claim that the Commission has hidden the fact that higher emission reductions than proposed would lead to GDP gains. Brigitte Knopf from the Potsdam-Institute for Climate Impact Research argues that GDP gains are a very specific finding with a non-standard model and that emission targets can only … [Read more...]
Experts warn: the “Great European Energy Transition” can still go wrong
The EU’s great power transition – the liberalisation and integration of its energy markets and the expansion of renewables – has reached a crucial stage. According to three seasoned energy experts, the EU's energy project - one of the greatest missions ever to be undertaken by the European Union - has delivered some positive results, but it is also faced with mounting challenges - political uncertainty being the most prominent one. The … [Read more...]
Welcome to Modelgate: Brussels’ justification for a small climate target is based on a big lie
The European Commission has recommended a low greenhouse gas reduction target for 2030, because it says that higher targets would hurt the European economy. But according to its own impact assessment, the opposite is true, writes Brook Riley of Friends of the Earth Europe. According to Riley, the Commission’s impact assessment shows that a more ambitious target has a more positive impact on GDP than a less ambitious one. … [Read more...]
Why there’s nothing wrong with being “dependent” on Russia
In response to the Ukraine crisis, the European Union is rushing ahead with sanctions against Russia and will take extra measures to reduce its energy dependence on Russia. According to Energy Post editor Karel Beckman these policies are misguided and based on spurious arguments. He argues that Europe should see Russia as a rival, not as an enemy. “Putin only did what any western leader – certainly any US president – would have done in his … [Read more...]
The EU 2030 climate package: crucial questions go unanswered
Although most observers have reacted positively to the Commission’s January 2014 package of proposals on 2030 climate targets, from a business perspective, there are too many areas where delays are threatening, writes Jesse Scott, Head of the Environment and Sustainable Development Policy Unit of Eurelectric, the European association of electricity producers. ”Many crucial questions have not yet been answered”, notes Scott – most of all when it … [Read more...]
Experts issue plea for new European energy policy to overcome “crisis of confidence”
On the eve of a crucial Summit of the European Heads of State and government, who will meet in Brussels on 20-21 March to discuss EU climate, energy and industrial policy, a group of prominent energy experts has issued a plea for a “new European energy policy”. The experts, led by Claude Mandil, former Executive Director of the International Energy Agency (IEA), say the state of European energy markets is “deeply unsatisfactory” as a result of … [Read more...]
Interview EU Climate Chief Connie Hedegaard: “Climate policy cannot be based on emission reduction alone”
The European Union should adopt EU-wide targets for renewable energy and energy efficiency for 2030, says Climate Commissioner Connie Hedegaard in an interview with Energy Post. She rejects pleas from the energy sector to base EU climate policy solely on CO2 emission reduction targets. She does note, however, that there has been a tendency to “overcompensate” renewable energy, i.e. too generous subsidies. “It was never the plan to subsidise … [Read more...]
Why an EU-US trade deal matters for the energy sector
This week the second round of negotiations for an EU-US free trade agreement is taking place. Energy has not been making headlines in the context of these talks, but a TTIP (Transatlantic Trade and Investment Partnership) will have far-reaching implications for the energy sector, e.g. with regard to oil sands, LNG and shale gas. NGO’s worry that the TTIP will give big business the chance to undermine Europe’s environmental legislation. Sonja van … [Read more...]
Europe’s malfunctioning energy market is stifling economic growth
Today’s European energy market is still poorly interconnected and neither open nor competitive, writes former European Parliament President and former Prime Minister of Poland Jerzy Buzek, currently a Member of the European Parliament. Moreover, energy prices in the EU are much higher than in China and the US and are increasing. According to Burzek, a truly harmonised common energy market and coordinated investment in infrastructure are vital if … [Read more...]
State aid for nuclear? Are you kidding?
EU Competition Commissioner JoaquĂn Almunia has provoked a hot debate in Brussels this summer, by proposing to authorise state aid for nuclear power. This comes at the same time that the European Commission is reflecting on how to reduce subsidies for renewables, in line with their increasing maturity. Hughes Belin reports from Brussels. … [Read more...]
The three ages of Europe’s single electricity market
It is still far from perfect and has been painfully slow in taking shape, but an EU-wide power market has now emerged. Jean-Michel Glachant, Director of the European University Institute's Florence School of Regulation where he holds the Loyola de Palacio Chair, nevertheless warns that renewable energy and a “smarter” grid remain challenges to its further development. Photo by Filter Forge via Flickr … [Read more...]
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