Thu, Jun 25, 2020

The European Commission’s hydrogen industrial strategy and COVID-19

On March 10, 2020, as COVID-19 enveloped Europe and the Americas, European Commission (EC) President Ursula van der Leyen declared clean hydrogen energy “a pillar” of the European Union (EU)’s new industrial strategy. Van der Leyen identified the “Green Transition” as a key driver of the strategy, the EU’s blueprint for growth and global competitiveness. While COVID-19 will likely have significant effects on hydrogen’s success in Europe, hydrogen has nevertheless become a top EC energy priority. Even amid a global pandemic, it is likely to stay that way thanks to the EC’s progressive policymaking.

EnergySource by Mary-Rose de Valladares

Coronavirus Energy & Environment

Wed, Jun 24, 2020

Rapid response: The SABIC-Aramco merger

Saudi Aramco’s acquisition of the Saudi Basic Industries Corporation (SABIC) finalized on June 16, 2020, provides a window into the Saudi strategy to become a world-scale chemicals producer. However, the structure of the deal also offers an interesting look into the Saudi financial position amid low oil prices and a global pandemic.

EnergySource by Jean-François Seznec

Energy & Environment Energy Markets & Governance

Wed, Jun 24, 2020

Automaker electric vehicle plans ‘progressing at a rapid pace’ despite pandemic, economic downturn

The global electric vehicle (EV) market is going through a rough patch amid the COVID-19 outbreak. The pandemic led to economy-wide lockdowns and supply chain disruptions across the automotive industry. Coupled with a historic decline in oil prices that brought down gasoline prices, these factors are likely to put a significant dent in EV sales in the near term. But automakers are not turning away from the EV market despite recent setbacks. To signal their intent, several major auto industry executives have taken steps to underscore their commitment to vehicle electrification coming out of the pandemic slump.

EnergySource by Julia Pyper

Climate Change & Climate Action Coronavirus

Tue, Jun 23, 2020

How can Portugal’s Port of Sines play a bigger role in assuring energy security in the European Union?

The European Union (EU) currently relies on a small number of external suppliers to meet its energy needs. To minimize reliance on foreign gas imports, the EU should increase liquefied natural gas (LNG) imports to Europe, expand gas storage capacity, and further develop energy distribution mechanisms across Member States. As a potential alternative energy hub, Sines, Portugal is in an excellent position to become an important continental European LNG entrance point as well as a key gas distribution and bunkering center. If the pieces fall into place, Sines, and Portugal writ large, may become key guarantors of European energy security.

EnergySource by Dr. Ricardo Silvestre

Energy & Environment Energy Markets & Governance

Wed, Jun 17, 2020

Innovation can break the gridlock on nuclear waste

Innovation has always been a key tenet of the nuclear power industry. With scientific consensus building that nuclear power must play a significant role in mitigating climate change, there has been renewed focus on fuel design and fuel cycle research to support the next generation of nuclear technology. This attention also creates an opportunity to reinvigorate innovation on back-end technologies that may prove to be the key to circumventing the longtime political impasse on nuclear waste.

EnergySource by Michelle Brechtelsbauer

Energy & Environment Nuclear Energy

Fri, Jun 12, 2020

US foreign policy and Euro-Caspian energy security: The time is now to build the Trans-Caspian Pipeline

The Southern Gas Corridor (SGC) represents a historic success for Azerbaijan and the European Union (EU) in regard to their common quest for new energy supply sources and routes. Over the last decade, the EU has intensified its efforts to expand the SGC, seeking to attract gas from Turkmenistan. The time is now ripe to connect Turkmen gas with SGC infrastructure and the European market through a Trans-Caspian Gas Pipeline.

EnergySource by Matthew Bryza, Robert M. Cutler, and Giorgi Vashakmadze

Central Asia Energy & Environment

Fri, Jun 12, 2020

Ukraine’s gas market reform: A success story that needs to be acknowledged

Ukraine’s experience over the past five years with natural gas market reform and regulatory alignment proves that European Union rule transfer is possible in Ukraine, provided it remains committed to positive policy change.

EnergySource by Dr. Aura Sabadus

Energy & Environment Energy Markets & Governance

Wed, Jun 3, 2020

US nuclear energy leadership: The way forward

The recently released report, Restoring America’s Competitive Nuclear Energy Advantage, commissioned by the US Department of Energy’s (DOE) Nuclear Fuel Working Group, is an important step forward for US national security, the battle against climate change, and the health of the US economy. After decades of misguided policy, this report puts the United States back on track in leading a worldwide nuclear energy system that is effective, reliable, and carbon free.

EnergySource by Amb. Thomas Graham Jr.

Energy & Environment Nuclear Energy

Sat, May 30, 2020

Public sector investment opportunities for a green stimulus in oil and gas

In discussions about COVID-19 economic recovery policies, any measures focused on the oil and gas industry are often portrayed as being at odds with a green stimulus. However, a green stimulus within the oil and gas industry is not necessarily a contradiction in terms. Targeted public sector investments in oil and gas activities—especially in the areas of reducing methane emissions, improving energy efficiency, and deploying carbon capture—can curb greenhouse gas emissions significantly and at relatively low costs while maximizing broader near-term economic benefits.

EnergySource by Alex Dewar

Coronavirus Energy & Environment

Thu, May 21, 2020

Carbon capture and the Allam Cycle: The future of electricity or a carbon pipe(line) dream?

The race to net-zero emissions is an uphill one. Despite the effects of climate change mounting and time running out, global energy demand is set to grow 50 percent by 2050. One solution to decarbonizing the global energy system while also meeting rising natural gas demand is carbon capture, utilization, and storage (CCUS). However, CCUS has historically been too expensive to be viable, and deployment remains far off track. Enter the Allam Cycle: a novel natural gas power plant design that can theoretically capture 100 percent of emissions while being cost- and efficiency-competitive with advanced natural gas plants.

EnergySource by David Yellen

Energy & Environment Energy Transitions