Download Security of Energy Supply in Europe: Natural Gas, Nuclear by Francois Leveque, Visit Amazon's Jean-Michel Glachant Page, PDF

By Francois Leveque, Visit Amazon's Jean-Michel Glachant Page, search results, Learn about Author Central, Jean-Michel Glachant, , Julian Barquin, Christian Von Hirschhausen, Franziska Holz

In monetary, technical and political phrases, the protection of power provide is of the maximum value for Europe. along festival and sustainability, provide safeguard represents a cornerstone of the EU's power coverage, and in occasions of emerging geopolitical clash performs an more and more vital position in its exterior family members. inside this context, the participants examine and discover the normal gasoline, nuclear, and hydrogen power sectors, with a view to be of serious importance for the way forward for strength provides in Europe. The ebook opens with an intensive exploration of the very definition of 'supply defense' and strikes past sector-specific debates to focus on the political sensitivity surrounding strength defense. The specialist members follow a coverage point of view, underpinned by way of theoretical dialogue, to monetary research as a way to yield policy-relevant conclusions. They illustrate that the european lacks a coherent transnational strength coverage, that nationwide strength regulations fail to compare ecu targets and that, finally, sustainable strength regulations, extra festival, and higher law will increase worldwide welfare. teachers and european policymakers - either at nationwide and overseas degrees - will locate that the topical coverage ideas, huge assessment of provide safety, and exact views at the traditional fuel, nuclear and hydrogen sectors awarded herewith represent a useful reference and learn instrument.

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Extra resources for Security of Energy Supply in Europe: Natural Gas, Nuclear and Hydrogen (Loyola de Palacio Series on European Energy Policy)

Example text

The FTC produced a comprehensive and massive report in 1934 and 1935, which ultimately comprised 96 volumes. The report showed that over half the gas produced and more than three-fourths of the interstate gas pipeline mileage in America was controlled by 11 vertically integrated holding companies. 18 The act gave the Securities and Exchange Commission (SEC) jurisdiction over public utility securities. As part of their new jurisdiction, the SEC was given great powers to simplify the holding company structures of gas and electric utilities.

The deployment of CCS pilot units for natural gas, through financial incentives for early successful projects, should be accelerated Given the medium-term CO2 reduction objectives (60–80 percent), CCS is the only way to maintain fossil fuel electrification. Although attention is currently directed towards CCS for coal power plants, CCS for natural gas will soon become an important topic; although it is technically more complicated, it is feasible, and should be studied with the same intensity as CCS for coal or biogas.

Other technical and organizational obstacles also need to be overcome quickly to generate the benefits of a large market. The emergence of an integrated natural gas market in the US provides a useful benchmark. Ownership unbundling of production and trading activities from transport infrastructure should be implemented to favor the emergence of a competitive wholesale market Both theoretical considerations and empirical evidence, for example, from the US and the UK, suggest that separation of infrastructure and the commercial part of the valueadded chains is conducive to competition and supply security.

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