The liberalisation of European gas markets is widely recognised as a major success by industry analysts. But EU politicians are reluctant to celebrate it because liberalisation on its own has failed to deliver on another key objective – supply diversification. Ironically, Europe is now more dependent on Russian gas than ever.
In just over a decade, we will be able to build a new electricity system around renewable energy that is cleaner, produces almost no carbon emissions, costs less than a system built around natural gas, and is just as reliable, writes David Nelson.
The European Commission’s vision of an Energy Union with citizens at its core, where consumers take ownership of the energy transition, is to be applauded but needs to be followed up with genuine policy change, writes Jonathan Gaventa.
Norway will be on its last third of natural gas reserves by 2035, much of it in the Arctic, and almost all of it destined for the EU market, the country’s Minister of Petroleum and Energy told EURACTIV in an interview. Tord Lien said production would stop once the reserves were gone.
Panos Skourletis, the new Greek energy minister, is tasked with a heavy reform agenda that could help revive the cash-strapped Greek economy and make the country return to growth. But the stakes are high.
A German energy cooperative will take legal action against the European Commission for approving state aid for a £16 billion (€22 billion) nuclear power plant in Britain, it said on Wednesday (4 March), arguing it threatens to distort competition.
An engrained, institutional bias in favour of building new energy production assets to boost supply means that cost-effective ‘no build’ technologies for managing - and reducing - demand on the consumer side have been ignored, writes Sara Bell.