Energy


1 - 30 of 108
21 February 2013

Lack of adequate infrastructure is a significant inhibitor to increased trade of the countries of the Mediterranean region. Bringing their transport infrastructure to standards comparable with countries of a similar per capita GDP will be costly but worthwhile.

19 February 2013

This paper addresses the urgent need for a sustainable energy transition in the southern and eastern Mediterranean region. It analyses the unsustainable burden of universal energy subsidies and calls for new development paths unlocking the huge potential for low-cost energy efficiency and demand-side management as well as for renewable energy. It argues that a new structure of regional and interconnected energy markets is needed.

13 December 2012

This paper has two objectives. First, it attempts to establish the potential of policies on energy efficiency and energy demand-side management in the southern Mediterranean region. Second, by examining past trends in energy intensity and trends up to 2030, it analyses the prospects and costs of such policies, compared with expected developments in the price of energy resources. Based on both analyses (MEDPRO WP4) and on prospects for growth (MEDPRO WP8), it seems that energy intensity in the Mediterranean should fall perceptibly by approximately 13% in the next 20 years.

13 December 2012

The aim of this technical report is to quantify alternative energy demand and supply scenarios for ten southern and eastern Mediterranean countries up to 2030.

The report presents the model-based results of four alternative scenarios that are broadly in line with the MEDPRO scenario specifications on regional integration and cooperation with the EU. The report analyses the main implications of the scenarios in the following areas:

27 November 2012

This CEPS Task Force Report focuses on how to improve water efficiency in Europe, notably in public supply, households, agriculture, energy and manufacturing as well as across sectors. It presents a number of recommendations on how to make better use of economic policy instruments to sustainably manage the EU’s water resources.

09 November 2012

The aim of this report is to elaborate the MEDPRO Energy Reference Scenario for oil and gas supply and demand up to 2030 for southern and eastern Mediterranean countries. The report gives an assessment of  

  • oil and gas reserves by country;
  • oil and gas production, domestic demand and export scenarios by country; and
  • the existing and planned infrastructure for oil and gas exports.

Finally, the report presents some insights on the future role of the Mediterranean as an oil and gas transit region.

03 October 2012

The aim of this report is to elaborate the MEDPRO Energy Reference Scenario for electricity demand and power generation (by energy source) in the southern and eastern part of the Mediterranean (MED-11 countries) up to 2030. The report assesses:

21 September 2012

This paper analyses the interplay between shale gas and the EU internal gas market. Drawing on data presented in the 2012 International Energy Agency’s report on shale gas and additional scenario analyses performed by the Joint Research Centre, the paper is based on the assumption that shale gas will not fundamentally change the EU’s dependence on foreign gas supplies. It argues that attention should be shifted away from hyping shale gas to completing the internal gas market. Two main reasons are given for this.

15 March 2012

This Policy Brief argues that pursuing the renewables objective could contribute to the completion of the internal electricity market, help overcome opposition to transmission projects and decrease the market power of incumbents. Conversely, an integrated internal electricity market means less price volatility in specific regional markets, which allows for more efficient deployment and grid integration of renewables. Three sets of recommendations are proposed.

Jonas Teusch is Research Assistant at the Centre for European Policy Studies.

09 March 2012

Despite the continuous efforts of developing countries and the international community to reduce energy poverty, some 2.7 billion people around the world still rely on traditional biomass for cooking and heating and 1.3 billion people do not have access to electricity. Over 80% of the energy poor live in rural areas and roughly two thirds in sub-Saharan Africa and India.

16 January 2012

This CEPS Special Report analyses the benefits that would result from more electricity trading in northern Europe – including the Nordic and Baltic states, Germany, the UK, Poland, the Netherlands and Belgium. It argues that trading electricity across national borders can bring down the cost of the EU’s transition to a competitive low-carbon economy, in particular by facilitating the integration of electricity generated from variable renewable sources, such as wind and solar energy.

17 June 2011

This paper looks at restrictions of passage, accidents and oil transportation norms as causes of interruption in oil supplies. The key ‘chokepoints’ are discussed in detail: the Straits of Hormuz, Malacca, Bab el-Mandeb, the Canals of Suez and Panama, the Turkish Straits and the entrance to the Baltic Sea. It is concluded that in most cases the danger of closure can only be temporary; nevertheless, investment in bypasses and alternatives is highly desirable, and in the case of the Turkish Straits, has not been forthcoming.

10 June 2011

Holding strategic oil stocks is at first sight an obvious tool to address potential disturbances in supplies. Rationally defining the desirable size of stocks and designing rules for their predictable use is an elusive task, however. A key conceptual difficulty arises in the distinction between commercial and strategic stocks, because a physical shortfall in the oil supply will inevitably lead to an increase in prices. But if strategic stocks are utilised when prices increase they become indistinguishable from commercial stocks.

09 June 2011

The paper offers a systematic analysis of the impact of international or civil wars and violent non-state groups on global oil and gas supplies. Statistical evidence points to the fact that international wars are becoming increasingly rare, while civil wars remain frequent. The paper discusses the cases of the Iraq-Iran war and the Iraqi invasion of Kuwait, showing the limits to the damage that belligerents were able to inflict on oil installations and illustrating how the world was able to compensate for this damage.

31 May 2011

The paper discusses the link between security of oil supplies and the functioning of international oil markets. It is argued that wide and frequent variations in price are in themselves a source of insecurity for individual consumers and national economies alike. Furthermore, the impossibility of predicting future prices discourages investment and increases the fragility of the system. The paper puts forward several policy proposals to reduce excessive price fluctuations and improve security of supply at reliable prices.

30 May 2011

This paper looks at resource nationalism and political instability as potential causes of disruption to global oil supplies. It points to depletion preferences and strategies as one form of resource nationalism. In most cases, resource nationalism appears to be motivated by rent maximisation. Hence, we see the adoption of more restrictive policies when prices rise. Conversely, when oil prices are low, increasing export volumes becomes more important. Restrictions on exports are common, especially for natural gas, which is sometimes reserved for national consumption.

16 May 2011

Climate change tends to negatively affect the power sector, inter alia, by causing cooling problems in power plants and impairing the water supply required for hydro-power generation. In future, when global warming is expected to increase, autonomous adaptation to climate change via international electricity markets inducing reallocations of power generation may not be sufficient to prevent supply disruptions.

09 May 2011

Achieving the EU’s dual objectives of combating climate change by 2020 and beyond and implementing its ambitious Europe 2020 economic growth agenda will require the development, demonstration and in particular the deployment of new low-carbon technologies at a faster rate than is currently taking place. EU policies to make this happen have been or are being put in place.

19 January 2011

This Commentary presents preliminary key messages and recommendations of the CEPS Task Force on “The Strategic Energy Technology Plan: From Concept to Practice”, Taking the form of an ‘open letter”, it aims to express the views of the Task Force members in the run-up to the meeting of the Energy and Innovation European Council on 4 February 2011. It argues that a successful innovation policy needs an efficient Strategic Energy Technology (SET) Plan.

29 November 2010

This study investigates consumer valuation of the security of various types of energy supply, namely electricity, natural gas and transport fuels (oil). Research for the paper was carried out in the context of the SECURE project (Security of Energy Considering its Uncertainties, Risks and Economic Implications), funded by the European Commission under the Seventh Framework Programme.

29 November 2010

Acknowledging that efficient development of electricity transmission infrastructure is crucial to achieving EU targets for a secure, competitive and sustainable electricity supply, this paper explores ways of strengthening the supply chain. Research for the paper was carried out in the context of the SECURE project (Security of Energy Considering its Uncertainties, Risks and Economic Implications), funded by the European Commission under the Seventh Framework Programme.

29 November 2010

This paper examines the obstacles to transforming the ‘dirtiest’ of all fossil fuels (coal) into a ‘clean’ one in the EU, via new carbon capture, transport and storage (CCTS) technology. Research for this paper was carried out in the context of the SECURE project (Security of Energy Considering its Uncertainties, Risks and Economic Implications), funded by the European Commission under the Seventh Framework Programme.

29 November 2010

This Policy Brief offers a summation of the European Union’s vulnerability to natural gas supply security risks .Research for this paper was carried out in the context of the SECURE project (Security of Energy Considering its Uncertainties, Risks and Economic Implications), funded by the European Commission under the Seventh Framework Programme.

29 November 2010

Research for this paper was carried out in the context of the SECURE project (Security of Energy Considering its Uncertainties, Risks and Economic Implications), funded by the European Commission under the Seventh Framework Programme. The project aims to develop appropriate tools for evaluating the vulnerability of the EU to the different energy supply risks, and for promoting the optimisation of EU energy insecurity mitigation strategies, including investment, demand side management and dialogue with producing countries.

29 November 2010

Research for this paper was carried out in the context of the SECURE project (Security of Energy Considering its Uncertainties, Risks and Economic Implications), funded by the European Commission under the Seventh Framework Programme. The project aims to develop appropriate tools for evaluating the vulnerability of the EU to the different energy supply risks, and for promoting the optimisation of EU energy insecurity mitigation strategies, including investment, demand side management and dialogue with producing countries.

29 November 2010

This paper summarises the findings of work package 5.3 of the SECURE project, with regard to the role of carbon capture, transport and storage (CCTS) for the future European supply security of coal. The real issue in European supply security with respect to coal is the absence of an economically and politically sustainable use of coal for electricity, liquefaction, gasification, etc. Whereas earlier papers delivered for work package 5.3 on the coal sector indicated that there are few risks to the European energy supply of (steam) coal, there is an implicit supply security threat, i.e.

29 November 2010

This paper presents a mixed integer, multi-period, cost-minimising model for a carbon capture, transport and storage (CCTS) network in Europe. The model incorporates endogenous decisions about carbon capture, pipeline and storage investments. The capture, flow and injection quantities are based on given costs, certificate prices, storage capacities and point source emissions. The results indicate that CCTS can theoretically contribute to the decarbonisation of Europe’s energy and industrial sectors.

17 June 2010

The enthusiasm for shale gas is now spreading beyond the borders of the United States, entering national discourses in the European Union where it is seen to provide energy independence and jobs, as well as cheaper and more environmentally-friendly fuel. This paper provides a balanced and concise overview of the development of and concerns surrounding shale gas in the United States, and explores the extent to which this success story could be replicated in the European Union.

15 May 2009

There are considerable risks associated with obsolete pesticides (OPs) in Europe. Unprotected sites – estimated to number in the tens of thousands – constitute a lethal danger for humans and animals alike. OPs also seriously risk undermining agricultural trade between the EU and non-EU countries from Europe and the former Soviet Union. Moreover, OPs in non-EU countries constitute an imminent risk for the EU because stocks are often stored near watercourses, where they risk being washed into floodwaters especially in times of floods.

24 April 2009

Energy security is a topic that is of increasing importance to policy-makers and yet is a relatively under-researched area. Although macroeconomists have noted that there may be external costs associated with energy security measures, there is no definitive methodology for calculating or assessing these externalities. This paper presents an overview of the theoretical externalities and develops estimates for the size of the external costs of energy arising from energy insecurity. In particular, the research centres on the costs of electricity production and oil.