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Energy - Climate

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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?

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Publications
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The US-EU Rivalry for Data Protection: Energy Sector Implications

Date de publication
22 February 2019
Accroche

The General Data Protection Regulation and the energy sector

The energy sector is undergoing a ‘digital revolution’, whereby information and communication technologies (ICTs) are increasingly deployed throughout energy infrastructure, leading to the growing digitization of production, storage and consumption processes. With potentially hundreds of millions of smart meters to be installed in the European Union (EU) and the United States (US) in the coming years, ICTs make it possible to collect and analyze large amounts of complex data to optimize the whole energy system, while providing consumers with a number of customized services. Firms in the energy sector are gradually turning into massive data collectors. As a result, the energy industry is one of the sectors that has been most impacted by the requirements outlined in the EU’s new General Data Protection Regulation (GDPR), launched in May 2018. The GDPR contains a number of strict and far-reaching requirements for firms that process EU citizens’ data. The regulation is explicit that these cover not only EU-based firms, but any company anywhere in the world that processes the data of EU citizens or residents. As a result, the extra-territorial reach of the GDPR is considerable. Since the EU is the first trading partner of the US, many American firms will have to abide by the new rules set out in the GDPR.
Arnault BARICHELLA
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Going Green: Are Chinese Cities Planting the Seeds for Sustainable Energy Systems?

Date de publication
14 February 2019
Accroche

The Global Climate Action Summit held in September 2018 in California has highlighted the importance of cities for promoting clean energy solutions and for combatting climate change. While energy policies in most countries depend primarily on national governments, cities have the possibility to develop and implement innovative solutions and ambitious policies. Chinese cities should be at the core of these developments, as they are confronted with many energy and climate challenges, often at an unprecedented scale: notably air quality, traffic congestion, energy security and massive consumption of building materials. For instance, outdoor air pollution in China has reportedly caused 1 million premature deaths in 2016, and in 2014 only 8 out of 74 Chinese cities would meet the national standards in terms of air quality.

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The Arctic: Critical Metals, Hydrogen and Wind Power for the Energy Transition

Date de publication
25 January 2019
Accroche

According to a 2008 estimate, the Arctic hosts approximately 412 billion barrels of oil equivalent of conventional oil and gas resources. And since then, following the so-called shale revolution and technology improvements, numbers have gone even higher. 

Deep Seabed Mining of Critical Metals: Strategic and Governance Challenges

Date de publication
18 December 2018
Accroche

Interest in deep seabed mining is growing due to the increasing in global demand for metals and recent technological progress. Critical metals are used in low carbon energy technologies, as well as in the mobility, electronics and the defense industries. Metals become strategic when they are essential to the economy of a state, its defense and energy sector and when their supply presents high risks. Uneven distribution of resources and differences in cost of production have led to a market characterized by oligopolies (China for rare earth elements, or the Democratic Republic of Congo for cobalt). As the remaining onshore resources of critical metals appear complex and costly to exploit, attention has been shifting to deep sea resources. 

Cécile PELAUDEIX
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The need for a strategic recycling approach to take up the challenge of critical metals

Date de publication
10 December 2018
Accroche

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. 

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Mexico’s Energy Reforms at Risk?

Date de publication
03 December 2018
Accroche

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.

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Oil rent and Corruption : the case of Nigeria

Date de publication
30 November 2018
Accroche

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. 

Marc-Antoine PEROUSE DE MONTCLOS
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Total CEO Steps Into Eye of Saudi Storm as Other Bosses Balk

24 October 2018
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Total SA boss Patrick Pouyanne proved once again that he’ll go where other business leaders fear to tread. The storm in Saudi Arabia caused by the killing of dissident journalist Jamal Khashoggi was too much for the chief executive officers of Siemens AG and BlackRock Inc., who pulled out of an investment conference in Riyadh this week. But the head of France’s oil giant didn’t just show up, he maintained a high profile.

The US Oil Embargo on Iran: A New Oil Shock?

Date de publication
17 October 2018
Accroche

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?

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The Next Wave of Global LNG Investment Is Coming

Date de publication
16 October 2018
Accroche

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. 

Jurassic Oil

Date de publication
21 May 2010
Accroche

Why do we have to drill through a mile of water and then three miles of rock to get oil? Surely there are better options in the world’s geologic resource base than deep, acidic, high pressure deposits that threaten the waters and coasts of the Gulf of Mexico, Gulf of Guinea, Campos Basin, Barents Sea and the Caspian. Most of this is oil that got deposited even before continental drift started.

Disaster in Gulf not a Disaster for Obama

Date de publication
04 May 2010
Accroche

Pundits argue that the BP accident in the US Gulf is a final nail in the coffin of President Obama’s energy and environment legislation. They conclude that American energy and environment policy will be left in disarray with little hope for key decisions before the crucial Cancun climate change talks.

A Smiling Medveded

Date de publication
29 April 2010
Accroche

In Denmark last Tuesday, President Medvedev said he had a smiling face for the world. Not surprising. The deal he is reported to have done with President Yanukovitch should bring smiles to many Russian faces - mostly in the Kremlin. However, it is unlikely that the President’s namesake in Gazprom, Alexandre Medvedev is smiling because his company’s interests have once again been subordinated to Russia’s foreign policy agenda.

Copenhagen's Legacy Is Ambiguity

Date de publication
21 April 2010
Accroche

The third Ifri Annual Energy Conference held at the Plaza Hotel, Brussels in February 2010 posed the question: “How do we begin effectively to close the gap between climate change policies and current practices - or put another way between climate change rhetoric and market reality”.

European Energy Treaty: Right Problems Wrong Answer

Date de publication
20 April 2010
Accroche

Jacques Delors’ Notre Europe has rendered a considerable service to European energy policy thinkers, but his proposed European Energy Treaty is the wrong answer.

Energy Security, Transnational Pipelines and China's Role in Asia

Date de publication
19 April 2010
Accroche

In recent decades, China's transformation from a regional energy supplier to one of the world's largest net energy importers, in particular with regards to oil and gas, has led to an increasing sense of energy insecurity in Chinese policy circles. Guaranteeing adequate supplies of energy to fuel economic growth is a central element in Beijing's efforts to maintain legitimacy in the face of economic reform and transformation. To combat energy insecurity a number of initiatives are being undertaken to diversify energy inputs, suppliers, and the means of their transport.

Who Needs OPEC - Russia steps up to the Plate ?

Date de publication
24 March 2010
Accroche

News that Conoco will sell off a significant portion of its Russian holdings is couched in terms of various corporate strategies that make all this perfectly normal. Conoco is said to need cash and will anyway have a 10% share remaining in Lukoil that will provide them some degree of influence in corporate decisions.

German Power Options: Lack of Clarity Will Be Costly

Date de publication
22 March 2010
Accroche

The German environment minister Norbert Röttgen (CDU) revived the German debate about the future of nuclear power in February when he argued for a limited lifetime extension of Germany’s nuclear plants.

Christian SCHÜLKE

Security of Supply Is Indivisible

Date de publication
11 March 2010
Accroche

The European gas market has an unusually large number of moving parts just now. Demand forecasts are buffeted by announcements of great expectations in de-carbonizing the energy mix, differing expectations on the longer term economic growth path and a range of assessments on how soon Europe will recover from the economic recession.

Getting Carbon Out: Tougher Than it Looks. An Assessment of EU, US & Chinese Pledges

Date de publication
14 February 2010
Accroche

This paper intends to examine the emissions trajectories of the three largest emitters, China, the US and the European Union through the optics of indicators and assess the feasibility of their targets for 2020.

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Related centers and programs
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Climate & Energy
Center for Energy & Climate
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Ifri's Energy and Climate Center carries out activities and research on the geopolitical and geoeconomic issues of energy transitions such as energy security, competitiveness, control of value chains, and acceptability. Specialized in the study of European energy/climate policies as well as energy markets in Europe and around the world, its work also focuses on the energy and climate strategies of major powers such as the United States, China or India. It offers recognized expertise, enriched by international collaborations and events, particularly in Paris and Brussels.

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