Energy

  • Gas and Conflict in the Eastern Mediterranean

    In January, Egypt, Israel, Cyprus, Greece, Italy, Jordan, and the Palestinian Authority established the East Mediterranean Gas Forum (EMGF) in an effort to coordinate energy policies and establish a regional gas market. The group will attempt to develop and organize the region’s rising gas market, allowing its members to tap their vast natural gas resources, and potentially become an exporting hub for Europe. Although the formation of the EMGF may be a step in the right direction, Turkey’s exclusion remains a major stumbling block to the future of energy cooperation in the region. Incorporating Turkey into the Forum will improve EMGF’s prospects of success, although Turkey is unlikely to be invited to join as long as Cyprus remains in the Forum—or without a resolution between the two countries.


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  • Nuclear Energy’s Absence from the State of the Union: A Missed Opportunity

    Many commentators noted the absence of any reference to climate change, clean energy, or the Green New Deal in President Trump’s State of the Union address on February 5th. In fact, the only mention that Trump made of energy at all was to praise the US for becoming “the number one producer oil and natural gas in the world,” and calling it a “revolution in American energy.” However, despite the president’s denial of climate change and the absence of any mention

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  • Energy Geopolitics and the Four Transitions

    At the Atlantic Council’s recent Global Energy Forum in Abu Dhabi, the global energy transformation and diversification in energy and power markets were recurring themes. A new report from the International Renewable Energy Agency (IRENA), A New World: The Geopolitics of the Energy Transformation, helped to frame the discussion of these themes. The report argues that the emergence of economically competitive renewable energy sources is fundamentally changing the nature of energy geopolitics by driving changes in import and export dependency on oil and gas, as well as creating new leaders and international alliances in clean energy technologies, reducing the role and leverage of Organization of the Petroleum Exporting Countries (OPEC) countries, and furthering the decentralization and democratization of the

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  • The Time is Right for Energy Transformation in Puerto Rico

    Late last year, a group of us from the Atlantic Council’s Global Energy Center had the opportunity to travel to San Juan, Puerto Rico for a series of meetings on hurricane recovery and the future of the island’s electric grid.  It was an interesting time for a visit. While the remnants of the storm were visible if you looked hard, the clear message from our hosts was that Puerto Rico is open for business—an amazing fact given what the island confronted just over a year earlier.


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  • Taking the Carbon Out of Climate Change

    Decarbonization—the reduction or removal of carbon dioxide from energy sources—has become increasingly significant in light of the threat posed by global warming as illustrated in a United Nations report that looks at the dire consequences of an increase in the Earth’s temperature above 1.5 degrees Celsius.

    As a consequence, countries and companies around the world have undertaken a diverse set of strategies in their quest to cut emissions. Saudi energy giant Saudi Aramco, for example, decided in the 1970s to end the practice of flaring—the process by which natural gas is burned off in a controlled manner when extracting oil.


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  • From Fiscal Drain to Economic Engine: The Case for Reforming Ukraine’s Energy Sector

    After Russia invaded in 2014, Ukraine managed to avoid direct imports of Russian gas, weakening the Kremlin’s most important lever over the country’s economy and sovereignty.

    However, Ukraine still faces a dire choice as inefficiency, corruption, and lack of transparency continue to hamper its natural gas sector.

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  • Energy Experts Discuss the Role of Natural Gas in Africa’s Energy Future

    In partnership with the Energy Futures Initiative, the Atlantic Council’s Africa and Global Energy Centers hosted a discussion on November 29 on the role of natural gas in Africa’s energy future, occasioned by the release of Africa50’s new report: Investing in Natural Gas for Africans: Doing Good and Doing Well.

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  • Mexico’s New President and the Power Sector: Sunshine or Storms?

    The incoming President of Mexico, Andrés Manuel López Obrador (commonly referred to as "AMLO") will enter office with many tailwinds in his favor, including significant public support for his stated focus on promoting social inclusion and combating corruption, the growing dividends of a largely successful set ofenergy reforms introduced by the outgoing Peña Nieto administration, and the historical weakness of the main opposition parties, the Partido Acción Nacional (PAN) and the Partido Revolucionario Institucional (PRI). It should be a time for Mexico to be seizing manifold opportunities for its underdeveloped power sector, including cheap US natural gas to the north and abundant renewable energy opportunities at home.
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  • The Climate Finance Partnership: Mobilizing Institutional Capital to Address the Climate Opportunity

    It has been impossible to attend any serious climate change conference over the past decade that hasn’t included a significant, and ever-increasing, focus on the topic of private capital mobilization—institutional capital, more specifically. Why? There are two main reasons, one driven by the enormity and immediacy of the challenge, the other by the scale of the opportunity.
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  • The Three Seas Initiative: The Way Forward

    Last month, the third Summit of the Three Seas Initiative (3SI) came to a successful close in Bucharest. The gathering, hosted by Romanian President Klaus Iohannis, brought together leaders from Europe and the United States to present regional government-approved projects and concrete progress in the integration of 3SI’s framework, which aims to improve interconnectivity in transportation, digitalization, and energy.

    The goal of the initiative is to create greater cohesion within the Union through regional development and economic interconnectivity and growth.

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