The European Commission rigorously reviews investment agreements of EU member states. For nuclear power, the United Kingdom and Hungary are suspected of disproportionately subsidizing agreements. Are EU member states reviving an uneconomic energy technology? How does this affect climate change abatement policy?
Recent nuclear investment agreements between EU countries on the one side and deep-pocketed non-European partners on the other side have become subject of scrutiny by the European Commission (EC). The latest such assessment concerns an investment agreement between Hungary and the Russian Federation for nuclear power in Paks. It resembles another recently closed case before the EC regarding the construction of a European Pressurized Reactor (EPR) at the UK’s Hinkley Point Site. As with the UK, Hungary is subjected to critical scrutiny by the EC over disproportionate state aid and violation of market pricing. Both the UK and Hungary argue nuclear energy is cost-competitive; but how so exactly?
Continue reading Is nuclear too expensive for climate change abatement?
Ende dieses Monats beginnt eine der wichtigsten Konferenzen unserer Zeit. Sie wird auch entscheident darüber sein, welches Ausmaß Konflikte und Krisen in gefährdeten Regionen dieser Welt haben werden. Während die Europäische Politik Schlagwörter wie „Präventionslösungen“ oder „Lösen der Probleme vor Ort“ in den Raum stellen, um die Flüchtlingkrise in den Griff zu bekommen, haben sie bei der UN-Klimakonferenz in Paris die Möglichkeit dies zu tun.
Continue reading UN Klimakonferenz in Paris als langfristige Lösung der Krisen im Nahen Osten
Change in Energy Regime Complex due to focus on managing externalities of environmental damage and resource conflicts.
Energy is often said to be the basis of modern society, as it enables us to fulfil our basic human needs and it powers the world economy. Yet, the energy path we are currently on is clearly unsustainable.
Most elements of the regime have arisen as a response to some widespread dissatisfaction with the status quo—such as the disruptions in western economies following the Arab oil embargo or the disruptions in expected revenues in OPEC members following the periodic collapse of their cartel discipline, or take the current dispute between the EU and Gazprom. Perhaps, now the dissatisfaction arisen from unsustainability itself.
The regime complex that exists has emerged from a variety of different strands of diplomatic, economic and technological activity.
Continue reading Managing the Future by Managing the Energy Regime
Short answer: Leave the general EU – Russia tensions aside, the EU has legitimate energy security concerns.
Just one week after a similar case with Google, the European Commission (EC) has charged Gazprom with abusing its dominant market position in Central and Eastern European gas markets – and hence, was breaking EU anti-trust rules. It added Gazprom may have limited its customers’ ability to resell gas, potentially allowing it to charge unfair prices in some EU member states.
Gazprom rejected the Commission’s objections, calling them “unfounded”. “Gazprom strictly adheres to all the norms of international law and national legislation in the countries where the Gazprom Group conducts business,” the company said in a statement.
The map indeed indicate the tendency of higher Gazprom in EU countries that are highly depended on Gazprom.
Continue reading EU vs. Gazprom: Let’s get ready to rumble or legitimate energy security concerns?