Energy in Northern Europe

  • EU sees Caspian region as part of its core energy objective

    EUROPEAN UNION, 2015/11/22 The European Commission sees the connecting the EU energy market to the Caspian region, Central Asia and Eastern Mediterranean as one of the core objectives. EC's Vice-President Maroš Šefčovič in its speech at the National of the Energy Union press conference stressed a need to speed up work on infrastructure projects. He as well said that the European Commission’s second PCI (Project of Common Interests) inventory is additional focused (reduced from 248 to 195 projects) and much better aligned to the core objectives of the Energy Union, such as:

  • Church of England to sell fossil fuel investments

    UNITED KINGDOM, 2015/05/05 The Church of England is adopting a new climate change policy and will cut its investments in fossil fuel companies. It will sell investments worth £12m in firms where additional than 10% of revenue comes from extracting thermal coal or the production of oil from tar sands. The Church said it had a "moral responsibility" to act on environmental issues to protect the poor, who were the majority vulnerable to climate change. The Church manages three investment funds worth about £8bn.

  • Britain’s BP, Azerbaijan’s national energy company SOCAR

    ARMENIA, 2013/08/04 Britain’s BP, Azerbaijan’s national energy company SOCAR and French multinational Total have taken shares in the Trans Adriatic Pipeline, TAP, a project to pump natural gas from the huge Azerbaijan fields in the Caspian Sea to European markets. BP, SOCAR and Total, members of the consortium developing the Shah Deniz gas field in the Caspian Sea off Azerbaijan, have joined the construction of the new Trans Adriatic Pipeline.   “British Petroleum and SOCAR have each taken a 20 % share while Total has acquired 10 %,” TAP said in a statement on Tuesday.

  • The selection of the Trans-Adriatic Pipeline (TAP) ; Caspian gas to Europe

    EUROPE, 2013/07/29 The selection of the Trans-Adriatic Pipeline (TAP) as the major delivery route for Caspian gas to Europe at the end of last month came as a amaze to a lot of. The reasons inclunding the possible consequences of this decision are still being debated by experts. TAP will transport gas from Azerbaijan's Shah Deniz II to the European market through Greece, Albania and under the Adriatic Sea to Italy. A number of assumptions have been made following the selection of TAP, the majority immediate and obvious one is that it sounds the death knell for the Nabucco project. These popular assumptions, however, fail to account for a longer term view. I have identified three consequences of the selection of TAP that may offer a different picture.

  • Regional energy shortages require co-operation

    EASTERN EUROPE, 2013/05/26 Balkan nations need to focus on joint projects that will harness water resources to improve the regional energy supply, analysts and experts said. Panzo Andonov, former director of Macedonian hydropower plant Kozjak, noted the UN- sponsored study on the energy potential of the Vardar River from the 1960s that suggested a joint energy supply effort in the Balkans. "That study is still the basis for projects today. Since water flows across national borders, it allows for joint projects. For example, the Vardar River projects can be used for joint projects with Greece, in confluence with the River Drim in Albania," Andonov said. 

  • E.ON UK dismisses committee attack on UK energy reform plans 2012-07-27

    UNITED KINGDOM, 2012/07/27

  • LCCI concerned over energy crisis in Pakistan 2012-07-13

    UNITED KINGDOM, 2012/07/13

  • UK new nuclear could boost UK economy by $7.8 billion 2012-07-06

    UNITED KINGDOM, 2012/07/06  
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