Calvin Triems at Energy Brainpool summarises their analysis of whether and how Europe can achieve its storage targets for 2022. There are four scenarios: “Base Case”; “[email protected]%” where there’s no change to Russia’s mid-June gas flow cut to 40%; “[email protected]% + No Freeport” where the unexpected fire in early June at the U.S. Freeport LNG terminal remains unresolved for months; “[email protected]% + No Freeport” where Russia cuts off supply … [Read more...]
If Russia cuts its gas supplies to Germany, what happens next?
Replacing Russian pipeline gas to Europe in the short term is much more difficult than finding alternative sources for coal and oil. It’s why the EU hasn’t banned Russian gas. But what if Russia cuts off the supply? Benjamin Wehrmann at Clean Energy Wire looks at what the consequences and options are for Germany. Though Germany aims to wean itself off Russian supplies almost entirely by 2024, a sudden cut would have serious consequences. Storage … [Read more...]
How Biden can start to find a compromise on Nord Stream 2
The Trump administration and the U.S. Congress threatened sanctions on European companies helping to build the Nord Stream 2 gas pipeline, and that is still the current position of the new U.S. government. To end the deadlock, president Biden needs to change the tone of the debate and focus on the true interests of the affected parties, explains Nikos Tsafos at the Center for Strategic and International Studies (CSIS). He summarises those … [Read more...]
A beginner’s guide to European climate laws
Confused by the range of EU and national climate laws? The EU-ETS, the Effort-Sharing Regulation, the Renewable Energy Directive, the Energy Efficiency Directive, the Clean Energy for all Europeans Package, LULUCF, and more? Which are the important ones? Who exactly is making policy, and how? What are the real world effects? Julian Wettengel at Clean Energy Wire has asked experts to improve our understanding by answering a list of questions on … [Read more...]
TurkStream disruption: Turkey, Greece can become new gas hubs
For over 30 years the Trans-Balkan pipeline has been used to pump Russian gas to southeast Europe. But Russia’s construction of the new TurkStream pipelines can open the door for the Trans-Balkan to be re-purposed, explains Aura Sabadus writing for the Atlantic Council. Going forward, LNG can be imported into Turkey and Greece and pumped back up the same pipes to serve the region, reducing dependence on Russian gas. However, such a plan would … [Read more...]
viEUws VIDEO: Brussels Briefing on Energy for December 2015
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...]
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