Energy

  • Sanctions Prompt Iran to Remain Relevant in the Global Energy Calculus

    On August 4, the Iranian government announced that the Revolutionary Guard had seized a foreign oil tanker in the Persian Gulf. Iran claimed that the vessel was smuggling diesel fuel to Iraq, but the Iraqi oil ministry denied any connection with the tanker. Global shipping companies had not reported any missing vessels in the Persian Gulf. This is the third seizure of a vessel by Iran in recent weeks. Since US sanctions were reinstated on Iran last year, the Iranian government has struggled to export oil and other hydrocarbon resources. Iranian officials have frequently threatened that, if

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  • The Chinese Export We Should Be Targeting: Climate Change

    The Trump Administration’s trade war with China has aimed to reduce the trade deficit, but the volleys of tariffs between the US and China have impacted industries from railways to energy, and even required an aid package to keep the agriculture industry afloat. However, US trade policy should instead focus on a more menacing and enduring Chinese export, one that it does not send to the United States but whose emissions could end any hope of achieving global climate goals: coal. 


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  • Nuclear Energy in Context: What We’re Reading

    Michael Liebreich’s piece in Bloomberg New Energy Finance (BNEF), “We Need to Talk About Nuclear Power” made a splash in the nuclear energy policy community when it was published earlier this month. It is an important contribution to the debate, especially since Liebreich praises the value of keeping the current fleet of nuclear power plants online, arguing that Germany’s recent closure of its nuclear plants is “nothing short of a climate tragedy.”


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  • Gaming out the Disaster: What Could Go Wrong with the FSO Safer

    In April, we sounded the alarm about how the Safer, an oil tanker converted into a floating storage and offloading facility (FSO) near the Red Sea coast of Yemen and filled with an estimated 1.1 million barrels of crude oil, was not only structurally deteriorating but might actually explode. In the past week, news outlets around the world have taken up the story. But the question remains: what happens if the Safer spills all its oil?


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  • Green Banks: Financing the Low-Carbon Future

    On the evening of July 10, the Atlantic Council Global Energy Center hosted a  conversation on green banks, where climate finance leaders openly discussed the role of green financial institutions as tools that work to unlock investment for clean energy initiatives. Following brief welcoming remarks by David Livingston, deputy director for climate and advanced energy at the Atlantic Council Global Energy Center, Reed Hundt, chief executive officer of the Coalition for Green Capital, introduced the discussion. Hundt affirmed that vast amounts of global capital are poured into finding, shipping, and storing fossil fuels, and stressed that extreme existential consequences will result from continued carbon pollution.


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  • The Future of Indian Renewables: A Conversation with Sumant Sinha, Chairman and Managing Director, ReNew Power

    On July 10th, The Atlantic Council’s Global Energy Center and South Asia Center welcomed Sumant Sinha, chairman and managing director of Renew Power, India's largest solar and wind energy company, for a discussion on the future of Indian renewables. Sinha started his career in investment banking in the United States and United Kingdom, before returning to India to hold senior leadership positions at a multitude of renewable energy companies. David Livingston, deputy director of climate and advanced energy for the Global Energy Center, introduced and moderated the roundtable.


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  • 13th Meeting of the International Energy Agency’s Gas & Oil Technology Collaboration Program Executive Committee

    Day 1

    On July 8 and 9, 2019, the Atlantic Council Global Energy Center hosted the 13th Meeting of the International Energy Agency’s Gas & Oil Technology Collaboration Program Executive Committee, bringing together energy policy experts from across the world. The first day of the event consisted of two panels: “Addressing Energy System Choices and Responses: The Case of India,” and “Next Generation Energy Investment—the Case of the Oil and Gas Sector.” Jostein Dahl Karlsen, president and chief executive officer of the International Energy Agency Gas and Oil Technology Collaboration Program, offered introductory remarks stressing assistance to nations for their energy choices, drivers of the energy transition, and the importance of resolving energy affordability and accessibility issues.


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  • Urbanization and the Growing Demand for Cooling in a Warming Climate: Buildings as a Critical Resource

    One of the key drivers of increasing global electricity demand is urbanization. Although urbanization rates in industrial countries are generally above 75 percent, urbanization is still in a relatively early stage in developing countries. This is especially true in South Asia, Sub-Saharan Africa, and Southeast Asia, where electricity growth is rising rapidly and the share of people living in urban areas is less than 50 percent. India, the third largest electricity system in the world with a population projected to increase to 1.6 billion by 2040, is expected to reach only 46 percent urbanization by that same year.


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  • EnergySource Explains: European Energy Security and Transatlantic Cooperation: A Current Assessment

    The Issue:The transatlantic community has made significant progress leveraging global energy resources to increase energy security, thanks to advancements in renewable energy, energy efficiency, shale oil extraction, alternative source and route development, and infrastructure. However, European energy still faces security challenges and it must continue to address them. A united and well-connected Europe is a more resilient Europe, and the United States benefits in many ways from having a strong ally with vast energy investment opportunities, so European energy security should continue to be at the pinnacle of US-EU collaboration. This issue brief provides a current assessment of EU energy security, focusing specifically...
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  • Fifth Annual Central and Eastern European Energy Security Conference

    On June 26, 2019, the Atlantic Council Global Energy Center hosted the Fifth Annual Central and Eastern European Energy Security Conference, bringing together leaders and energy policy makers from across the region. The event consisted of three panels: “A Platform for US-Europe Cooperation on Energy Security,” “Strengthening Transatlantic Energy Security Through Innovation,” and “A Path to Energy Independence in Central and Eastern Europe.” Amb. Richard Morningstar, founding chairman of the Global Energy Center, offered introductory remarks stressing the interplay between energy, political, and economic security, as well as the importance of European energy security to the United States and transatlantic cooperation going forward.


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