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Germany: does the LNG infrastructure build-up deliver energy security or go too far?

March 13, 2023 by Julian Wettengel

A report out this month from the German government says it wants a significant “safety buffer” of new LNG import capacity, to ensure that the country - and neighbouring landlocked states - will receive sufficient supply of natural gas in the coming years. It says an overcapacity is needed in case of failures due to accidents, sabotage or other external factors not under German or EU control. Events have shown that unilateral dependencies in … [Read more...]

Filed Under: Energy, Oil, Gas & Coal Tagged With: capacity, decarbonisation, EU, gas, Germany, imports, LNG, Russia, sabotage, security, Ukraine

EU: data shows Russia–Ukraine war has not increased Coal and emissions. It’s quite the opposite

March 6, 2023 by Lauri Myllyvirta

The Russian gas crisis has not resulted in the return of coal and high emissions in Europe, says Lauri Myllyvirta at CREA. He presents the figures that show quite the opposite. Coal returned, as expected, with the post-Covid rebound, but peaked in September 2022 below its pre-Covid level, and has been falling since along with emissions. Meanwhile, high gas prices caused by Russia’s cut-off has kept gas demand low and, more importantly, driven the … [Read more...]

Filed Under: Energy, Oil, Gas & Coal Tagged With: coal, Covid, electrification, emissions, EU, EVs, gas, HeatPumps, Russia, solar, Ukraine, wind

Russia–Ukraine war: household energy costs worldwide have nearly doubled, with the poorest hit hardest

March 2, 2023 by Klaus Hubacek, Jin Yan, Yuli Shan and Yuru Guan

A new study measures the effect of the Russia-Ukraine war on household energy costs worldwide. It’s nearly doubled, explain Klaus Hubacek, Jin Yan and Yuru Guan at the University of Groningen and Yuli Shan at the University of Birmingham. Their study sums the costs of direct energy like heating, cooling, lighting and mobility, as well as the indirect costs through the energy used to produce goods and services. That doubling translates into an … [Read more...]

Filed Under: Energy, Oil, Gas & Coal Tagged With: cooling, costs, Energy, goods, heating, JustTransition, lighting, mobility, poverty, Russia, services, Ukraine

Will Europe now commit to long term imports of large quantities of LNG?

February 27, 2023 by Anne-Sophie Corbeau

The EU and European nations need a more secure LNG supply strategy than just buying on the spot market where there is little control of prices and quantities. With Russian gas off the agenda for the foreseeable future, it’s LNG that’s filled the gap. But spot prices have been extremely high, and may return to the same heights. And though China’s Covid-caused drop in LNG consumption helped enable Europe to buy enough for now, that won’t be the … [Read more...]

Filed Under: Energy, Oil, Gas & Coal Tagged With: Asia, China, EU, Europe, France, gas, Germany, India, LNG, prices, Russia, security, supply, Ukraine

Gas: a history of Energy Security in the EU. And what’s next post-Russia?

February 14, 2023 by James Kneebone

The security of supply of gas has been the hottest topic of the last 12 months since Russia invaded Ukraine. James Kneebone at the Florence School of Regulation (FSR) has written an explainer that lays out the EU’s history of dealing with energy security, going back to the 1990s. Because the EU has a single market for natural gas and widely shared value chains (pipelines, LNG terminals, storage, etc.), impacts are felt across the bloc. But that … [Read more...]

Filed Under: Energy, Oil, Gas & Coal Tagged With: Energy, EU, gas, LNG, market, pipelines, regulations, Russia, security, storage, terminals, Ukraine

Electricity Market Design: how can reforms accelerate the transition and help cut energy prices?

February 13, 2023 by Simon Göss

*** REGISTER NOW *** for our online panel discussion on Friday 24th March 09:30-10:45 CET, “Electricity Market Design: how can reforms accelerate the transition and help cut energy prices?” Our panellists are Catharina Sikow-Magny, Director, DG ENER; Wanda Buk, Vice-President for Regulatory Affairs, PGE; Leonardo Meeus, Director of the Florence School of Regulation; JĂ©rĂŽme Le Page, Director for European Electricity Markets, EFET; Michaela … [Read more...]

Filed Under: Energy, Markets Tagged With: capacity, design, electricity, Energy, JustTransition, market, prices, reform, renewables, Russia, Ukraine

Wind and Solar generated record 20% of EU electricity in 2022. More than gas, nuclear, hydro, coal

February 3, 2023 by Daisy Dunne

Now 2022 is over, the figures are in for all the main electricity generation types. For the first time ever, wind and solar delivered more electricity in 2022 than gas, nuclear, hydro or coal. In total, that’s a record one-fifth of the EU’s electricity last year. We can thank the “triple crisis” of Russian gas cuts, the 500-year record drought’s effect on hydro, and the unexpected French nuclear shutdowns for the renewed drive for wind and solar. … [Read more...]

Filed Under: Energy, Renewables Tagged With: coal, demand, drought, electricity, gas, hydro, Nuclear, Russia, solar, wind

The U.S. should support the EU’s Carbon Border Adjustment Mechanism (CBAM)

January 30, 2023 by Joseph Majkut

The U.S. should get behind Europe’s Carbon Border Adjustment Mechanism (CBAM), says Joseph Majkut at the Center for Strategic and International Studies. Under the EU’s newest agreement, anyone importing CBAM-listed goods into Europe will have to report the emissions associated with their products starting in October, and ultimately face tariffs if those emissions exceed those of the equivalent products made in the EU. The current list is iron and … [Read more...]

Filed Under: Energy, Industry Tagged With: aluminium, Brazil, BRIC, CBAM, cement, China, electricity, emissions, EU, fertiliser, hydrogen, imports, India, iron, Russia, steel, tariffs, trade, US, WTO

How to tax renewable energy firms for windfall profits from high wholesale electricity prices

January 9, 2023 by IEA

Should windfall taxes be imposed on renewable energy firms that have benefitted from the current high electricity prices caused by the increases in oil, gas and coal prices triggered by Russia’s invasion of Ukraine? If so, how, and how much? The IEA has conducted a study of the EU to try to uncover who has (and hasn’t) made extraordinary profits, and how much. Up front they say this is difficult to do as the majority of installed renewable … [Read more...]

Filed Under: Energy, Renewables Tagged With: CFD, electricity, Europe, FIP, FIT, Greece, Hungary, hydro, IEA, investment, Italy, profits, renewables, Romania, Russia, solar, spain, taxes, Ukraine, wind, windfall

Russia, fossil prices, energy security will boost Renewables to 38% of global power mix by 2027, says IEA

December 16, 2022 by Josh Gabbatiss

The IEA has raised its 2027 forecasts for total renewables additions in its main scenario to 2,383GW – around the total power capacity of China. That’s a 28% increase on the previous estimate and up 76% from two years ago, explains Josh Gabbatiss at Carbon Brief who summarises the IEA’s latest forecasts. Globally, solar power will overtake gas by installed capacity in 2026 and coal in 2027. There are two main drivers for this acceleration. High … [Read more...]

Filed Under: Energy, Renewables Tagged With: China, coal, electricity, EnergySecurity, EU, forecast, gas, IEA, India, netzero, power, renewables, Russia, solar, Ukraine, US, wind

How Europe is countering Russia’s weaponisation of energy – CEDE 2022 event summary

December 12, 2022 by Simon Göss

Simon Göss provides a written summary of our two panel discussions held in Brussels on Thursday December 8th 2022. Panel 1 was titled “The Availability and Affordability of Gas and Energy in CEE and EU”, Panel 2 “The War in Ukraine: Security of Critical Energy Infrastructure”. The issues covered include EU policy interventions for countering the Russian weaponisation of energy, cooperation with Ukraine, how far is Europe prepared, spill-over … [Read more...]

Filed Under: Energy, Events, Policies Tagged With: Energy, gas, industry, infrastructure, Nuclear, prices, renewables, Russia, security, storage, Ukraine

EU Energy Outlook to 2060: how will power prices and revenues develop for wind, solar, gas, hydrogen + more

December 6, 2022 by Alex Schmitt and Huangluolun Zhou

Alex Schmitt and Huangluolun Zhou at Energy Brainpool present a summary of their “EU Energy Outlook 2060”. Its scenarios map out how the European (EU 27, UK, Switzerland and Norway) energy system will change dramatically in the coming decades. Current geopolitical tensions are added to climate mitigation and an outdated power plant fleet as the main drivers of change at the EU and national levels. The in-depth modelling is trying to answer the … [Read more...]

Filed Under: Energy, Hydrogen, Oil, Gas & Coal, Renewables Tagged With: buildings, coal, demand, electricity, EU, gas, hydrogen, industry, Nuclear, outlook, prices, renewables, Russia, solar, transport, Ukraine, volatility, wind

EU gas post-Russia: out-of-date regulations are preventing new gas flows from west to east, not infrastructure

December 5, 2022 by Aura Sabadus

### REGISTER NOW ### for our vitally important 2-panel event “The Energy Crisis and Russian Aggression Against Ukraine – Key Challenges for the Central European Energy Sector”, on Thursday December 8, 13:00 – 17:00 CET (Address: Rue Belliard 40, 1040 Brussels). High-profile confirmed speakers include Kadri Simson, European Commissioner for Energy, EC; Leszek JesieƄ, Chairman of the Board, CEEP; Jerzy Buzek, MEP and former president of the … [Read more...]

Filed Under: Energy, Oil, Gas & Coal Tagged With: Balkan, Caspian, EU, gas, Greece, methane, Moldova, pipelines, prices, regulations, Russia, SEEGAS, Slovakia, TransBalkan, turkey, Turkstream, Ukraine

What was Europe’s dependence on gas prior to Russia’s invasion of Ukraine?

December 2, 2022 by Ewan Thomson

### REGISTER NOW ### for our vitally important 2-panel event “The Energy Crisis and Russian Aggression Against Ukraine – Key Challenges for the Central European Energy Sector”, on Thursday December 8, 13:00 – 17:00 CET (Address: Rue Belliard 40, 1040 Brussels). High-profile confirmed speakers include Kadri Simson, European Commissioner for Energy, EC; Leszek JesieƄ, Chairman of the Board, CEEP; Jerzy Buzek, MEP and former president of the … [Read more...]

Filed Under: Energy, Oil, Gas & Coal Tagged With: China, efficiency, EU, Europe, gas, HeatPumps, LNG, renewables, Russia, security, storage, Ukraine, winter

Russia-Ukraine: Critical Infrastructure Protection from sabotage is an unprecedented challenge the EU must face now

November 29, 2022 by Frank Umbach

### REGISTER NOW ### for our vitally important 2-panel event “The Energy Crisis and Russian Aggression Against Ukraine - Key Challenges for the Central European Energy Sector”, on Thursday December 8, 13:00 – 17:00 CET (Address: Rue Belliard 40, 1040 Brussels). High-profile confirmed speakers include Kadri Simson, European Commissioner for Energy, EC; Leszek JesieƄ, Chairman of the Board, CEEP; Jerzy Buzek, MEP and former president of the … [Read more...]

Filed Under: Energy, Policies Tagged With: cables, critical, Energy, EU, Europe, infrastructure, Nordstream, pipelines, Russia, sabotage, security, Ukraine, US

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        Recent Posts

        What is the future of Woody Biomass in the EU energy mix?

        Hydrogen’s innovation pipeline: signals strong ahead of World Hydrogen Summit in Rotterdam, May 9-11, 2023

        Buildings “Energy Performance Certificates”: piloting new tools to ramp up renovations

        U.S. IRA: what can Europe do to stop its firms relocating to America?

        Fulfilling U.S. wind and solar ambitions will use under 1% of its land (that’s less than the fossil fuel footprint)

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