The IEA Energy Outlook 2011 in brief

According to the IEA’s analysis, 1.3 billion people, or 20% of world population, do not have access to electricity grid! On the other hand, countries such as China are energy intensive, and therefore, energy inefficient countries causing enormous CO2 emissions. The fact is that, in spite the crisis, energy demand raised for 5%! Arab unrests [...]

Leave a Comment

Notes for Energy Economics in Italian (1st part)

1. Introduzione – 2 punti da vista: (1)POLICY, fallimenti di mercato – i prezzi non sono sufficenti per allocare le risorse in modo più efficente; (2)BUSINESS, comportamento stategico; Policy è tolerata nei sequenti casi: (1)MONOPOLIO NATURALE (negli anni ’90, ma segue la liberalizzazione), regolamento dei prezzi (ex. trasporto e distribuzione, i prezzi sono regolati dall’AEEG [...]

Leave a Comment

China’s rush into renewables

Immensely increased energy consumption as well as disastrous effects of pollution have caused recent rush into renewables by China. Non-fossil fuel production above 11% of total energy production by 2015 is one of the objectives stated in Five-Year Plan (12th). The other is CO2 emission reduction for 17%. Legal framework for development of the sector [...]

Leave a Comment

Obstacles 4 hydro power plants in RS

Among priorities of Energy Sector Development Strategy of the Republic of Serbia by 2015 which ‘…present a precondition for an economically certain, energy-efficient and environmentally acceptable energy system development …’ is use of New Renewable Energy Sources, with hydro energy being one of them. Hydro potential in total has been estimated to be 31.000 GWh [...]

Leave a Comment

TR – overview

Briefly…The European Council held in Helsinki 1999 officially declared Turkey a candidate country for final EU membership. In opposition to public opinion in several member states at that time, it was agreed among European leaders that Turkey was a European nation. The Copenhagen criteria, however, had to be met as a precondition to entry. Accession negotiations started in [...]

Leave a Comment

Carbon Capture and Storage (CCS)

Increased temperature on the earth due to CO2 emission is reality we confront. However, capturing and storing the CO2 could substantially reduce these emissions. According to International Energy Agency’s analysis, overall cost of emission reduction 2050 goals without it could increase by 70%. Carbon capture and storage (CCS) involves CO2 capture, its compression and transport, [...]

1 Comment

2003/55/EC in the game though

Competition and 3rd party access to natural gas market and its network for all legal entities with respect to energy field, as well as independent regulation, are required in order to achieve open market. Therefore, Directive 2003/55/EC brought within the framework of Second Energy Package at the EU level, among other requirements, pursued for: -Unbundling [...]

Leave a Comment

Capitalism does not fear

Fear…As it does not exist! Perceived threat of another nuclear disaster, uncertainty of radiation level, waste disposal issue and increasing number of nuclear weapons induce fear across the world but, no…obviously, it is not enough. Again, the shift is and will be driven further on by pure economic forces. Reluctance to invest is due to [...]

Leave a Comment

Energy Dependence Across Europe

Does our energy dependency make slaves out of us? Are we at the mercy of the energy producing countries? The question of Europe’s energy dependency led to an array of interviews with academics, journalists and those in the private sector in an attempt to discover the nature of this ‘dependency’ relationship. Such a broad topic, [...]

14 Comments

Follow

Get every new post delivered to your Inbox.