EU energy among Lisbon, Moskow and Kyoto Dr. Ionut PURICA IPE Academy of Romania
Topics for discussion • • • Energy Trends in EU Energy Market in a regional context Surrounded – integrated corporate action New Technologies – real options Some Romanian data Conclusions
Energy trends in the EU
Buy yourself a small generator
What if the Russians give the gas to China ?
Energy Market in a regional context
How about another unpaid debt by Ukraine ?
New Infrastructure towards the EU-27 (bcm/a) Pipelines, Existing (2006), under construction/planned (2015) • Russia – EU-2006: 176 – 2015: - FRG +55, Bulgaria +30 • Norway – EU-2006: 128 – 2015: UK +11, TBD: <20, Swe/DK: +8 • Algeria – EU-2006: 40 – 2015: Spain +13, Italy +13 • Lybia – EU-2006: 9 • Iran/Caspian – 2015: Bulgaria 23 Total (2006) 344 – (2015) +92 -173
Complex traffic risks in the Baltic both surface and submarine
State of health of NABUCO
Surrounded – integrated corporate action
North Stream operational at end 2011; South Stream allowed by Turkey to pass in its waters in Dec. 2011: “Best Christmas present to Russia”- Vladimir Putin
How much reserve is enough ?
LNG gas capacity Likely/possible 2007 2010 2015 Belgium 6, 5 9, 1 France 15, 6 23, 9 26, 4 -59, 4 UK 9, 0 44, 0 49, 7 -54, 7 NL 0, 0 17, 0 -27, 0 Italy 3, 5 16, 5 23, 5 -47, 5 Spain 50, 5 57, 3 64, 3 Portugal 5, 5 -8, 5 Greece 2, 6 Ireland 0, 0 2, 5 Croatia 0, 0 10, 0 Germany 0, 0 5, 0 10, 0 Total 93, 2 159, 8 -167, 8 198 -299, 5
Gas Markets in Europe
Vulnerability to gas imports
Market-Monopoly paradox
New Technologies – real options
How to reduce CO 2 without more gas consumption?
Nuclear Power in the World
Nuclear power in electricity generation
Should we begin to ‘Think Big’ ?
Have we got enough time ?
Conclusions • EU energy strategy should be viewed at continental level • Environmental measures should include technologies not only markets • North-South view may shed new solutions in the East of the EU • Global corporate strategy needed for energy companies • Development within 3 x 20%: mobilizing local domain objectives without a global view
The road ahead for EU energy Be it that you live interesting times (Chinese curse)
Скачать презентацию EU energy among Lisbon Moskow and Kyoto Dr
986f15ecd4dbf26bdc67103b3f3f127c.ppt