by: Nicholas Newman European Energy Policy Energy is the most rapidly evolving global issue and represents one of the most urgent geopolitical challenges facing the European Union (EU) today. Hydrocarbon reserves are being exhausted and swiftly-increasing world demand, from developing countries such as China, is intensifying global competition for access […]
Nicholas Newman Energy has been much in the news recently, including threatened closure of an oil refinery, high energy bills etc. What we are seeing are symptoms of chaos and confusion in British energy policy and markets. The Grangemouth refinery story, for instance, has been treated in the media as a simple industrial […]
It appears that Europe’s gas generators are in danger of turning into zombie companies,[i]suggests Hugh Sharman Owner, Incoteco (Denmark) ApS.[ii] They finding it increasingly difficult coping with the market created by uncontrolled expansion of “free” but heavily subsidised renewables and the dumping of cheap imported coal from the United States. […]
GE adds to the Turkish spark GE has won an order to supply Frame 6B gas turbines to Spain’s Technicas Reunidas, the engineering, procurement and construction contractor for the upgrade of the Izmit refinery. The order is part of a $2.3 billion investment by refinery owner Turkish Petroleum Refineries Corporation […]
What should Europe do if it is serious about improving its energy security, its competitiveness and cut greenhouse gases?
Nicholas Newman It needs to do six things: 1. Provide substantial investment in energy security measures for vulnerable states e.g. Poland. 2. Encourage Investment in new gas supplies at home and abroad including domestic shale gas production and imports of gas from the US, Cyprus and Israel. 3. Develop […]