While discussions around Ukrainian energy dependence on Russia usually focus on gas, the Ukrainian nuclear sector is even more dominated by Russia. And more strategic: it supplies half of the country’s electricity. And whereas Ukraine wants to use less gas, the government intends to expand the country’s nuclear power production significantly. The good news for Ukraine is that it has plenty of its own uranium. With Western support the country…….
August 26, 2014
August 25, 2014
A unique, £1 billion plan to build the world’s first tidal lagoon in Swansea Bay in Wales has won strong local support. Stephen Tindale, associate fellow at the Centre for European Reform in the UK, who is involved in the project, argues that the EU should support it and help create a new European tidal lagoon industry.
Analysts from UBS and Citigroup, two of the world’s largest investment banks, believe the growth of solar power, in combination with advances in batteries and electric cars, will cause a huge disruption in the energy industry. UBS believes centralised fossil fuel generation will become “extinct” sooner than most people realise. Citigroup predicts renewables will replace coal and gas in power generation, which will free up the use of gas as…….
Will EDF with Chinese backing build a new third-generation nuclear power plant in the U.K., and if so under what conditions? The answer to this question will be vital to the future of the European energy sector. And a great deal will depend on the European Commission, which is expected to decide any moment whether the U.K.’s agreement with EDF will be allowed under EU State Aid rules. In the…….
Wishful thinking about natural gas: why fossil fuels can’t solve the problems created by fossil fuels
Natural gas is touted as a great success story in the US, not just by industry but also by the Obama administration and even by many environmentalists. The gas boom is supposed to have led to lower greenhouse gas emissions and to help pave the way to a greener future. But according to Harvard historian of science Naomi Oreskes, this is wishful thinking. There is no evidence that higher gas…….
There are two major issues on which the future of the energy sector hangs, notes EP editor Karel Beckman: 1) how far will the renewables revolution go in combination with climate policy; 2) how will growing geopolitical tensions, especially relations with Russia, affect markets? Karel asks whether we need capacity schemes, indicates how utilities could get back on a growth path and how (not) to deal with Russia.
The Permanent Court of Arbitration in The Hague ruled in July that the Russian government deliberately destroyed oil company Yukos and has ordered Moscow to pay over $50 billion in damages. The importance of this decision can hardly be overstated, writes Anders Aslund, senior fellow of the Peterson Institute, who is also a former advisor to the Russian and Ukrainian governments and author of many books on Russia. According to Aslund,…….
Pia Ahrenkilde Hansen, spokeswoman of the European Commission, discusses the Commission’s Energy Efficiency Communication with viEUws.eu. On July 23, the European Commission adopted the Energy Efficiency Communicationwhich introduced a new energy efficiency target of 30% for 2030. Energy efficiency is one of the key pillars of the European Union’s energy and climate strategy for 2030, on which European leaders aim to agree in October. The Energy Efficiency Communication also presents progress made in the European Union towards the 2020 energy…….
Editor-in-Chief Karel Beckman looks back on one year at Energy Post. He gives some suggestions on the wealth of information readers can find on the website, including the 10 best-read stories of the year. And he takes a look ahead on what more there is to come – after we come back from our summer break.