A pair of proposed pipeline projects may bring more than 90 billion cubic meters per year of natural gas to European markets, but this will not undermine the rationale for developing the continent’s indigenous shale resources, which could offer a range of other economic and security benefits, says Eurasia Group global gas analyst Leslie Palti-Guzman…. Keep reading →
The German wind industry sits at the heart of a European energy market preparing for a disruptive transformation intended to promote integration and allow the rich wind resource of the North to fuel continent-wide growth, without the risks of nuclear power and reliance on foreign energy producers.
It is a comprehensive, ambitious vision that in Germany alone the environment minister Peter Altmaier has compared in scale to the country’s painful post-Communist reunification. Keep reading →
The European Union’s threatened boycott of crude oil imports from Iran is likely to have little effect on global oil prices, the Iranian economy, or its controversial nuclear program because the country will be able to find other buyers such as China, analysts said.
The EU agreed the measure in principle on January 4 in the latest effort to persuade Iran to suspend its enrichment of uranium in a nuclear program which Iran says is purely for peaceful domestic purposes but which the UN, US and EU say has aggressive intent. Keep reading →
Even as Canada withdrew from the Kyoto Protocol this month–during the United Nations Climate Change Conference in Durban, South Africa–the European Union set an aggressive energy roadmap to reduce greenhouse gas (GHG) emissions to 80%-95% below 1990 levels by 2050.
The transformation will make Europe less dependent on external energy supplies. Keep reading →