The latest national climate pledges, submitted over the new year, show that the world is nowhere near meeting our emissions reductions goals. Analysis of the 48 updated ânationally determined contributionsâ (NDCs) submitted so far (everyone must submit by the end of this year), covering nations responsible for 29% of global emissions, shows we will have 0.5% lower emissions in 2030 compared to 2010. Thatâs way off the target 45% reduction needed. … [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...]
How to create four major regional Gas hubs in Russia
Kamil Sobczak at the Russian Gas Society has co-authored a report, âOpportunities and prospects for the development of gas hubs in Russiaâ, which he summarises here. It scopes out what is needed to create four major gas hubs in the Far East, North West, Central and Southern Russia. The plan will help develop and modernise Russiaâs gas sector as well as increase exports. Transparency in prices and transaction volumes will be essential to create … [Read more...]
The Energy Charter Treaty makes the transition easier. Donât scrap it, reform it
Energy and climate experts as well as national and EU parliamentarians are lining up to press their governments to withdraw from the Energy Charter Treaty (ECT) if insufficient progress is made in its modernisation. Their main argument is that it gives protection to fossil investments in a world where policies are changing in order to constrain or phase them out. Here, Frank Umbach at EUCERS sternly warns against abandoning the ECT. The treaty … [Read more...]
Nuclear: Does the Westâs military need Small Modular Reactors?
The development of small modular nuclear reactors (SMRs), generating up to 300MW, are already getting support for civilian purposes. The military in Russia, China and the U.S. are also interested. It should reduce the reliance on long fuel supply lines, the defence of which costs lives. SMRs would be factory made and delivered on site. But Lukas TrakimaviÄius says many difficult questions must be answered before the West commits to this solution. … [Read more...]
U.S. Nuclear: change the laws that constrain foreign and domestic investment
Today, Russia and China dominate global nuclear exports and new additions while the U.S. experiences budget overruns and cancellations. Once at the forefront, the U.S. should regain its leadership of nuclear power, argue Matt Bowen, Jennifer Gordon and Jackie Kempfer at the Atlantic Council. To recover its position it first needs to change the laws and policies that constrain its ability to cooperate with allies on nuclear matters, invest in … [Read more...]
Russia and U.S. are backing next generation Nuclear
Russiaâs Rosatom is positioning itself to lead research and testing for Generation IV fast neutron reactors, including high temperature gas-cooled, molten salt, and lead-bismuth designs. Following an update of plans released by Rosatom in June, Dan Yurman fills in the details. It is creating an International Research Centre and has signed up four partnering nations so far â the Czech Republic, Hungary, Poland, and Slovakia. The R&D facility … [Read more...]
Ukraineâs integration into the EU gas market is a positive lesson for the region
Ukraine is shaping its gas infrastructure and regulations to integrate into the EU market. On the infrastructure front, its interconnectors with neighbours, extensive pipeline network and storage facilities are making it an increasingly important European player, explains Aura Sabadus writing for the Atlantic Council. The gradual opening up to EU free market rules are evidenced by its gas prices following those of the EU. Ukraine's attractive … [Read more...]
Imported U.S. LNG: whatâs its true climate footprint?
Importing LNG from the U.S., to replace coal, makes sense for Europe only if the total emissions including those throughout the chain of production are lower than the alternatives. Julian Wettengel at CLEW looks at reports that say the total methane emissions from the worldâs largest oil and gas field â the Permian Basin in West Texas â are particularly high and may push it over that threshold. Flaring, venting and leakage are the main cause. … [Read more...]
EU Green Deal: meeting targets by lowering non-EU neighbour emissions too
The EUâs Green Deal and its increasingly ambitious transition policies cannot be limited to its member states, writes Marc-Antoine Eyl-Mazzega at the IFRI Centre for Energy & Climate. For its emissions targets to be met in a meaningful way the EU needs to ensure its neighbours to the east and in North Africa follow. The danger is that carbon intensive industries simply shift to those neighbours, and their products get imported back in. … [Read more...]
The EU can support Central and East Europeâs transition
Six Central and East European nations, heavily dependent on coal, have been very cautious about the pace of the EUâs transition. For them - Bulgaria, Czechia, Hungary, Poland, Romania and Slovakia - the political and economic disruption looks far harder to bear. E3G has just released a report that suggests this picture can change. The reportâs authors â Felix Heilmann, Rebekka Popp and Ada Ămon â explain that coal is becoming less profitable, … [Read more...]
Nuclear in 2020: a global look ahead at policy, financing, politics, by country
Dan Yurman presents his worldwide review of nuclearâs prospects. 19 nations are covered. He explains while some countries are planning to scale down nuclear, like South Korea and France, some are increasing investment, like China. Others remain stuck over policy, pricing, financing and politics (e.g. Japan, the U.S.). Exporters of plants, led by Russia, are making moves â not always easily - in Eastern Europe and the Middle East. R&D … [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 Russiaâs 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...]
Chinaâs quest for gas security is reshaping the global LNG market
In just two years, China has become the worldâs top gas importer and should soon become the largest importer of Liquefied Natural Gas (LNG). But that growing import dependency, domestic winter supply concerns, and the trade war with the U.S. means the Chinese government is reinforcing its gas supply policy, says a report "Chinaâs Quest for Gas Supply Security: The Global Implications"Â by the IFRI Centre for Energy & Climate, authored by … [Read more...]
How will Russia respond to Europeâs climate action
In March 2014 Russian president Vladimir Putin gave a speech at the Kremlin following Russiaâs annexation of Crimea. He said: âIf you compress the spring all the way to its limit, it will snap back hard. You must always remember thisâ. The compressing of the spring, in this case, was the perceived threat of an increasingly Western-leaning Ukraine and former Soviet states joining NATO. The snap back saw Russia take Crimea, starting a military … [Read more...]
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