Energy - Climate
In the face of the climate emergency and geopolitical confrontations, how can we reconcile security of supply, competitiveness, accessibility, decarbonization and acceptability? What policies are needed?
Related Subjects
The need for a strategic recycling approach to take up the challenge of critical metals
In September 2010, China stopped all exports of rare earths and associated products to Japan, depriving Japan’s industry of essential raw materials. This decision highlighted the tensions around the trade of critical materials and China’s monopoly on a group of particular metals. Western countries had already taken some initiatives so as to reduce, or at least to analyse their vulnerabilities in the segment of critical materials.
Mexico’s Energy Reforms at Risk?
Mexico’s Energy Reform (hereafter, the Reform) enacted on December 20th 2013, and the Secondary Laws adopted on August 11th 2014, marked a milestone in the history and the development of the Mexican energy sector.
These major changes were unexpected considering that multiple sectorial reforms pursued since the 1990s had systemically failed to address the structural problems which had been mounting over the years.
Oil rent and Corruption : the case of Nigeria
This study analyses the various mechanisms that explain the leakage of the main source wealth in Nigeria at all levels of the production and commercialization of oil and gas, from the wellheads, with the bunkering of pipelines, up to the export of crude oil and the import of refined products, including through capital flight to tax havens.
The US Oil Embargo on Iran: A New Oil Shock?
The 14 July 2015 Vienna agreement on Iran’s nuclear activities (Joint Comprehensive Plan of Action – JCPoA) was a game changer on the geopolitics in the Middle East and for the oil market. The oil sanctions were lifted and Iran increased significantly its production and exports. On 8 May 2018, President Trump announced that the United Stated (US) would withdraw from the agreement. Financial sanctions were reintroduced. From 5 November 2018 onwards, further sanctions will be re-imposed more specifically on petroleum related transactions, including the purchase of petroleum, petroleum products and petrochemical products. What could be the impact of this new embargo? Is there a risk of a new oil supply and price shock?
The Next Wave of Global LNG Investment Is Coming
With an annual growth of 10% in 2017 to 290 million tons (Mt) and 8.3% in the first half of 2018, Liquified Natural Gas (LNG) demand is rising faster than expected. Accounting for 44% of global demand growth in 2017, China is the main driver of the growth as the government has made natural gas a key policy choice to reduce air pollution and restructure its high-carbon energy mix.
Brexit, Electricity and the No-Deal Scenario: Perspectives from Continental Europe, Ireland and the UK
When it comes to energy and electricity in particular, there can be no winner in the Brexit negotiations. The only reasonable objective should be to minimise losses and avoid trade friction.
Booming Prices on the European Emission Trading System: From Market Oversupply to Carbon Bubble?
Since its creation in 2005, the European emission trading system (EU ETS) has been through several periods of turmoil. With emission allowances (EUA) averaging around 7 euros per ton from 2012 to 2017, European Member States have been trying to remedy the depressed price signals successively through market design reforms at both European level (backloading, market stability reserve) and national level, with the UK introducing a carbon price floor for its domestic power sector in 2013.
Japan’s Hydrogen Strategy and Its Economic and Geopolitical Implications
With the Basic Hydrogen Strategy (hereafter, the Strategy) released on December 26, 2017, Japan reiterated its commitment to pioneer the world’s first “Hydrogen Society”. The Strategy primarily aims to achieve the cost parity of hydrogen with competing fuels, such as gasoline in transport and Liquified Natural Gas (LNG) in power generation.
Xi Jinping’s Institutional Reforms: Environment over Energy?
During its two sessions (lianghui) in March 2018, the National People’s Congress (NPC) announced China’s most important institutional reforms in the last 30 years. These changes occurred right after Xi Jinping consolidated his power and at a time when stakeholders working in the energy field were expecting more clarity on policy orientations.
The Trump-led Trade War with China: Energy Dominance Self-destructed?
Under particular US legal rationale, such as calling foreign imports a “national security threat”, President Donald Trump has started imposing tariffs and/or quotas and has launched national security investigations on a growing number of imported goods from US allies and others alike.
OPEC: It Is about More Oil - Not Quotas
OPEC has certainly gone out of its way to show how little relevance it has in today’s oil market. It has successfully imported all the political rhetoric and malaise of some of its most unstable members.
Protecting Nuclear Installations: The difference between industrial safety and national security
There is a gritty public debate going on in Europe about what threats should be considered in conducting stress tests on existing nuclear power plants or in establishing safety criteria for new build nuclear power.
German Nuclear: Green Is Good Politics
In polarized politics, the voter must take on faith the wisdom inherent in the principled political position. Who cannot be impressed by the nuclear catastrophe at Fukushima, especially after living through the fallout from Chernobyl? But is it reasonable to send the voter to the booth with only half the information? Does the German voter have any idea what it means to shut down its nuclear power in just ten years? Have German politicians made any effort to tell them?
Political Oil Prices: A Measured Response if Any
Oil prices are becoming an increasingly worrisome factor in today’s economies. They have risen dramatically over the past 6 or 7 months and are now driving inflation in many economies and acting as a drag on nearly all. They are not at these levels because markets are fundamentally out of balance.
Gas Pains: What to Do About France's Shales
Like other countries in Europe, France has the potential to produce both oil and gas from shale. In the Paris Basin, where oil has been exploited for decades, oil shale quite similar to the Bakken play in North America has considerable promise due to new drilling and exploitation techniques. The potential for shale gas in the South east is less well known and needs to be assessed.
Obama Remarks on Energy: Ball in Congressional Court
President Obama has made clear that in the 2012 election, he intends to defend his record on energy from the middle.
The Governance of Energy Poverty in Southeastern Europe
This report presents the outcomes of a recently-completed research project1 aimed at uncovering the different ways in which energy poverty – understood as a condition wherein the domestic energy services available to a household are below socially and materially necessitated levels – is produced by, and mitigated through, the interaction of relevant decision-making institutions in the energy, social welfare, health and housing domains. The project focused on conditions in Southeastern Europe, where energy prices have been recently on the rise despite falling incomes and poor access to efficient and adequate energy services.
The Water in a Cup of Tea - a Water and Energy Primer
Ever give a thought to how much water there is in your cup of tea? I know the volume in the cup is about 8 ounces - but it is hot - hopefully around 100 degrees Celsius or 212 Farenheit. So you had to heat it up one way or another to make tea.
European Energy Policy: Energy Savings Glass 2/3 Empty
Summing up Europe’s climate policies suggests we still haven’t grasped the full potential for energy savings. We act as if we were living in a system with infinite resources easily exploited by human innovation and ingenuity. We focus on the efficiencies we can gain from components of our system, but not on the system as a whole and we do not consider how the other billions of people on earth can achieve our level of comfort with a resource or carbon-constrained future and with aspirations that necessarily imply sharply growing energy consumption.
Japan's Nuclear Crisis: A Time for Support
These are terrifying moments. No one could ever have imagined that the Japanese nuclear sector could fall victim to such a seismic event.
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