New report

Tue, May 26, 2020

European energy security and the critical role of transatlantic energy cooperation

Transatlantic cooperation is essential to European energy security, which is and should remain a key national security priority for the United States. European energy security is crucial for the maintenance of a strong European economy and for European political stability, both of which are in the best interests of the United States. This report recommends that the United States and the EU focus their energy cooperation in several areas that will benefit the EU’s efforts to meet climate targets and that, at the same time, will also bolster energy security.

Report by Richard L. Morningstar, András Simonyi, Olga Khakova, Jennifer T. Gordon

Energy & Environment Europe & Eurasia

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All content

Thu, May 28, 2020

Cooperation key to transatlantic coronavirus recovery and energy transition

Continued energy cooperation between the United States and the European Union has been key in reducing Europe’s energy dependence, but now must also help guide both countries out of the coronavirus economic crisis and cut global emissions in the face of continued climate change.

New Atlanticist by David A. Wemer

Climate Change & Climate Action Coronavirus

Tue, May 26, 2020

European energy security and the critical role of transatlantic energy cooperation

Transatlantic cooperation is essential to European energy security, which is and should remain a key national security priority for the United States. European energy security is crucial for the maintenance of a strong European economy and for European political stability, both of which are in the best interests of the United States. This report recommends that the United States and the EU focus their energy cooperation in several areas that will benefit the EU’s efforts to meet climate targets and that, at the same time, will also bolster energy security.

Report by Richard L. Morningstar, András Simonyi, Olga Khakova, Jennifer T. Gordon

Energy & Environment Europe & Eurasia

Thu, May 28, 2020

Report launch: European energy security and the critical role of transatlantic energy cooperation

ONLINE EVENT – A virtual launch for the new report, “European Energy Security and the Critical Role of Transatlantic Energy Cooperation: Final Report and Recommendations.” Public and private sector leaders from both sides of the Atlantic provide their comments on the report and discuss ways to effectively implement the outlined recommendations.

8:00am ONLINE EVENT

Mon, May 18, 2020

Coronavirus emergency measures should persuade Ukraine, Romania, and Turkey to legitimize energy reform, not reverse it

For years, Eastern European governments and Turkey have bought into a global trend, arguing that long-term strategies in the energy sector should revolve around market deregulation. In light of the coronavirus outbreak and emergency measures implemented worldwide to contain it, the energy industry may face an increase in interventionist policies such as price controls and consolidation of state-owned enterprises as governments push to mitigate the shockwaves of expected consumer impacts. Such measures would be detrimental to economies, and there are compelling arguments to suggest that governments should remain committed to their initial market goals.

EnergySource by Dr. Aura Sabadus

Coronavirus Eastern Europe

Fri, May 8, 2020

The COVID-19 crisis and US and EU emissions in the new decade: Opportunities for a clean energy recovery

The COVID-19 pandemic has led to a sudden decline in global electricity demand of up to 20-25 percent in some countries, and the International Energy Agency (IEA) projects global electricity demand for 2020 will fall by 5-10 percent, contributing to an 8 percent overall drop in energy sector CO2 emissions. This piece updates evaluates the performance of the US and EU power sectors in 2019 within the context of the coronavirus pandemic.

EnergySource by Robert F. Ichord, Jr.

Coronavirus Energy & Environment

Mon, Apr 20, 2020

Containing Russian influence in Venezuela

The Russian government has been instrumental in preserving the Maduro regime, despite years of intense domestic and international pressure favoring a democratic transition, providing the regime invaluable diplomatic leverage, security personnel, and material, as well as an economic lifeline. The US strategy for a democratic Venezuela must recognize these realities and focus on containing Russian influence in Venezuela, as it cannot end it.

EnergySource by David L. Goldwyn and Andrea Clabough

Economic Sanctions Economy & Business

Sun, Apr 12, 2020

OPEC’s historic deal may still not be enough

On April 12, a meeting of the Organization of the Petroleum Exporting Countries (OPEC) and ten other oil producing countries (known as OPEC+) reached a historic deal to cut 9.7 million barrels per day (bpd) to meet the historic challenge of a COVID-19-driven drop in demand. But as the oil market digests OPEC’s and OPEC+’s largest-ever single oil production cut in the face of an overwhelming demand shock, the question remains: will it be enough?

New Atlanticist by Randolph Bell and Reed Blakemore

Oil and Gas Russia

Thu, Apr 9, 2020

The compelling incentives for Saudi-Russian rapprochement

The impact of this price war combined with the demand destruction triggered by the impact of the coronavirus are likely to force both Russian and Saudi Arabia back to the negotiating table to agree a deal which will—at least in substance—restore OPEC plus, sooner rather than later.

New Atlanticist by Alan Riley

Coronavirus Energy Markets & Governance

Mon, Apr 6, 2020

Shaffer joins Bloomberg to discuss international oil markets

In the News by Atlantic Council

Coronavirus Energy & Environment

Thu, Mar 26, 2020

The Russian-Saudi oil war: $15 per barrel?

With increasing uncertainty about just how deep of a wound the novel coronavirus will inflict on the global economy, what will be the effect of a Russian-Saudi oil war?

10:00am ONLINE EVENT