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From Stockholm to Sofia
(2010)European Energy ReviewHaving been on the road of late at various energy bashes, it was fascinating to get closer insights into how “opposite poles” on the European map see energy security playing out, namely in Stockholm and Sofia. Both capitals are key players in the future pipeline complexion of Europe. Nord Stream = up North in Scandinavia and the Southern corridor = down South in South East Europe.Other Publication -
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Russian Arbitrage
(2010)European Energy ReviewThings are looking up for Russia. Prime Minister Putin finally opened a new pipeline exporting east Siberian oil to the Chinese mainland. Dubbed the Eastern Siberia-Pacific Ocean (ESPO) link, the plan is to pump 1.6 million barrelds per day towards the Pacific Ocean over the next few years. The rationale is clear. Diversifying supplies to Asia offers Russia what all energy producers want: leverage over competing consumers in the East and ...Other Publication -
China's Future Troubles
(2010)European Energy ReviewNo political risk appears to be too high for China in its quest for energy and commodities. The Chinese seem to thrive on political instability, much to the chagrin of western governments and multinationals. But what might look appealing to Beijing in the short term, could become a big headache in the long run. Ultimately China depends just as much on political stability as everyone else.Other Publication -
European Energy: The "Solidarity" Conundrum
(2010)CSS Analyses in Security PolicyEuropean energy policy is critically flawed. It has proven impossible to square the circle between security of supply, greater sustainability, and affordable prices. Despite claims of ‘solidarity’, national politics still trumps the ‘European good’ on energy matters. Progressing liberalisation remains important for competition and resilience, but Europe’s real challenge is to re-level the low carbon technology playing field to properly ...Other Publication -
Unconventional Gas: Producer Pickle or Consumer Curse?
(2010)CSS Analyses in Security PolicyGas producers have a problem. Demand is down and supply is up, largely thanks to breakthroughs in unconventional production across America. More output could potentially follow in Europe and Asia, threatening to turn the gas world on its head. But there is a catch: should this prove to be a false dawn for unconventional production either on cost or ecological grounds, then consumers are riding for a fall. Turning the screw on producers ...Other Publication