Global Energy

  • 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.

    Read More
  • 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.

    Read More
  • 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...
    Read More
  • 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.

    Read More
  • Kazakhstan: The Thorn in the Side of Russia’s Energy Colossus

    Russian exports dominate the European energy market. The country is Europe’s single-largest supplier both for gas, of which it accounts for 40 percent of imports, and petroleum, at nearly 30 percent. And the controversial Nord Stream 2 pipeline, which continues to progress despite vehement objections on both sides of the Atlantic, threatens to further consolidate Russia’s grip.

    But east of the Urals, there is a different story. Kazakhstan, a rising regional power in the midst of economic and political transformation, may prove to be the weak link in Russia’s energy empire.

    Read More
  • Power Sector Transformation and Emissions Pathways: US and Europe in 2018

    With the changes in the United States Congress in 2019 and the intensifying presidential primary election campaign, we have seen, in stark contrast to Trump Administration views, considerable attention placed by the Democrats on climate change and the ambitious vision of the Green New Deal. In Europe, the European Union (EU) Parliament has approved more aggressive 2030 energy and climate targets, and most EU-28 countries submitted draft National Energy and Climate Plans at the end of 2018. In 2017, the United States and European Union combined accounted for about 25 percent of world energy-related CO2 emissions.

    Read More
  • BP Statistical Review of World Energy 2019

    On June 13, 2019, the Atlantic Council Global Energy Center hosted Spencer Dale, group chief economist of BP, for the launch of BP’s Statistical Review of World Energy 2019. Amb. Richard Morningstar, founding chairman of the Global Energy Center at the Atlantic Council, introduced Dale and remarked upon the importance of the Statistical Review as the industry “gold standard,” as well as the general interpretation of this year’s report as gloomy due to rising global energy demand and emissions.

    Read More
  • Nord Stream 2: From EU Law to US Sanctions Law

    Rainer Seele, the chief executive officer of Austrian energy company OMV and corporate ally of Gazprom, recently called on Europe to defend itself from the proposed US sanctions aimed to stop Nord Stream 2. It is far from clear to which ‘Europe’ Seele is referring. In December 2018, the European Parliament voted 433 to 105 in favour of a resolution calling for the construction of Nord Stream 2 to be cancelled. Furthermore, in February 2019, twenty-four of the twenty-eight member states were prepared to vote to extend the 2009 EU Gas Directive formally to import pipelines such as Nord Stream 2, creating uncertainty in the current


    Read More
  • Energy Governance and China’s Bid for Global Grid Integration

    Energy projects have always been a major part of China’s Belt and Road Initiative (BRI) infrastructure mega-plan for Eurasia. The enormity of that plan was on display at the BRI Forum last month, where an official report was released estimating that energy investments in BRI countries would add up to $27 trillion by 2050, with $7 trillion alone going to power grid construction, and over 200 million new jobs created in the process.

    That report was published by the Global Energy Interconnection Development and Cooperation Organization, or GEIDCO, a young “international organization” set up by the State Grid Corporation of China (SGCC, or “State Grid”) in 2016, under the leadership of its former chief executive, to advance “Global Energy Interconnection” or GEI.

    Read More
  • A Conversation with Patrick Pouyanné, Chairman and CEO, Total S.A.

    On May 16, 2019, the Atlantic Council Global Energy Center welcomed Patrick Pouyanné, chief executive officer and chairman of Total, for a public discussion on global energy market trends and Total’s new low-carbon energy strategy. Fred Kempe, president and chief executive officer of the Atlantic Council, delivered introductory remarks, underscoring Total’s interest in becoming a responsible and transparent hydrocarbon giant. This event marked Pouyanné’s first official visit to Atlantic Council headquarters.

    Read More