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
Deep Seabed Mining of Critical Metals: Strategic and Governance Challenges
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.
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.
Total CEO Steps Into Eye of Saudi Storm as Other Bosses Balk
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?
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.
Belgium's creaky nuclear reactors raise risk of winter power outages
Belgium is slowly phasing out its aging nuclear energy infrastructure. But looming winter weather, limited renewable options and a poorly connected electricity network have left the country at risk of blackouts.
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.
Copenhagen's Legacy Is Ambiguity
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
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
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 ?
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
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.
Security of Supply Is Indivisible
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
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.
The Institutions of Energy Governance in China
International collaboration, in any form, requires trust, and such trust is built on understanding. In the case of collaboration in the field of energy, potential partners need to have an appreciation of frameworks for energy governance in each others’ countries. Only then can they accurately interpret the data, the statements and the declared commitments provided by other parties. Nowhere is this ignorance of greater relevance to today’s challenges than the case of China.
Oil Markets Range-bound?
We have heard admonitions about peak oil and that we have already passed the geologic peak of world oil production capacity. On the other hand, the IEA warns that if we continue our present patterns of energy consumption, we will need the equivalent of four Saudi Arabia’s in new oil production capacity by 2030 - seemingly at ease that the oil is geologically out there.
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Related centers and programs
Center for Energy & Climate
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.