Exclusive Francesco Venturini, CEO Enel Green Power: “Europe stuck in confused energy vision”

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Europe is last in line for investment these days because it has no long-term energy strategy, says the head of Enel Green Power, Francesco Venturini, in an exclusive interview with Energy Post Weekly from which we bring you this extract (the full interview can be found here). Europe, Venturini says, is “stuck” in a “confused” energy vision “that’s 20 years old” and doesn’t know where it wants to get to. Enel Green Power, one of the largest green … [Read more...]

EU carbon market hit by Brexit, but reform carries on

Brexit carry on photo Tom Malavoda

Will the reform of the failing EU Emissions Trading System (ETS) be a casualty of Brexit, now that the UK, one of the biggest carbon markets in the EU, may leave the system? As the EUEnergy App shows, greenhouse gas emissions in Europe have gone down drastically since 1990. But not thanks to the EU ETS. What is more, in the coming years much greater emissions cuts are needed, and the carbon market is expected to deliver these, with or without the … [Read more...]

Interview DNV GL CEO Remi Eriksen: “We see ourselves as data custodian”

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According to DNV GL’s new “Technology Outlook 2025”, the watchwords for the next decade are digitalisation and decarbonisation. In an exclusive interview with Energy Post, DNV GL’s Group President & CEO Remi Eriksen and Chief Group Development Officer David Walker explain the company’s ambitions to use its independence and cross-sectorial energy expertise to become a leading data and knowledge hub in the global energy industry. “We see … [Read more...]

The Big Chill: why the Energy Union is on hold [premium content]

European Parliament Brussels (photo Xabier Zaldua)

Terrorist attacks and  the spectre of Brexit have cast a shadow over Brussels, including the great Energy Union project. But there are deeper reasons why the Energy Union, one of the top priorities of the European Commission, is running into serious difficulties. Power markets are still overwhelmingly determined by national policies and member states resist EU-wide initiatives in many crucial energy policy areas, writes Sonja van Renssen.  … [Read more...]

ETS reform: how will it affect CO2 price? [PREMIUM CONTENT]

EPW6-2-cement factory photo Astrid Westvang

The MEP in charge of reforming the EU Emission Trading Scheme (ETS) has finally revealed his thinking. MEP Ian Duncan’s proposals open the door to more ambitious emissions cuts in the wake of the Paris climate deal and beef up a new Innovation Fund. But his most significant suggestion is a “tiered” approach to carbon leakage, which would give some industries more free allowances than others. So what does it all mean for the carbon price? … [Read more...]

The fight over the EU’s nuclear ambitions – and what it means for European energy research

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A leaked “strategy paper” in the German media has thrown  up fresh questions over what Europe intends to spend its innovation budget on. In the paper the European Commission and member states set out broad goals for the nuclear industry, including developing small modular reactors. Nuclear opponents reacted furiously. In her new Brussels Insider column, for the Energy Post Weekly premium newsletter, Sonja van Renssen investigates the fight over … [Read more...]

Capacity mechanisms: DG Competition and DG Energy clash over future of EU energy market

Margrethe Vestager presents sector inquiry electricity capacity mechanisms (photo Europe by Satellite)

EU member states are setting up capacity mechanisms that may be unnecessary, expensive and badly designed. This is the conclusion of the European Commission's Competition Directorate in the interim report of its first ever “sector enquiry” into capacity mechanisms as a form of state aid for electricity producers. But the report shows that DG Competition has a different view than DG Energy about the future of the EU's energy market design, writes … [Read more...]