Energy

Posts on Energy

Global Spectator, by Andrés Ortega The destabilising effect of cheap oil

The low cost of oil may come as an ongoing relief to many economies, such as Spain’s, but it is creating political and social volatility in numerous producer countries, both among Spain’s neighbours and further afield, reliant as they are on the income from oil to maintain their youthful [...]

A roadmap for sustainable electricity trade between Morocco and Europe

At the COP22 meeting in Marrakesh, Morocco and the EU member States France, Germany, Portugal and Spain announced a Joint Declaration on the Establishment of a Roadmap for Sustainable Electricity Trade (SET) between Morocco and the European Internal Energy Market. The goal is to facilitate the ‘mutually beneficial’ exchanges [...]

The discreet (and declining) charm of Venezuelan oil diplomacy

Venezuela has been severely hit by the collapse in oil prices since mid-2014. However, its oil output started to plummet well before. The country’s oil production peaked in 2008 at 3.24 million barrels per day (bpd). The latest OPEC data for May 2016 report a production of 2.37 million [...]

The Future of Natural Gas in South America

Latin America is one of the most dynamic regions for the development of natural gas markets at the global, regional and national levels. In fact, all the existing projections point to a significant increase in the degree of gas penetration in South America’s energy markets. Although unevenly distributed, natural [...]

Libya: finding a way out of the labyrinth must be by way of the oil terminals

In recent years the production of oil in Libya has endured a rollercoaster ride reflecting a succession of blockades, attacks, strikes and sabotage carried out on oil and gas installations (some accounts catalogue up to 75 incidents and dozens of fatalities). Output in 2010 was close to 1.6 million [...]

The EU and resource governance: rules and facts

Resource governance is a relatively novel issue in global and European energy governance. By the mid-1990s there was already an overwhelming literature on the ‘resource curse’ showing that the contingent benefits of oil, gas and mining for economic development were not being realised, leading instead to increased inequality and [...]

The Energiewende and Germany’s Industrial Policy

The Energiewende is bringing about fundamental changes to Germany’s energy mix through short, medium and long term targets. Yet despite numerous studies, there is still a lack of clarity about the driving forces behind this energy transition. Reports of these drivers vary considerably, touching upon affordability, import dependency and [...]

Global Spectator, by Andrés Ortega Cheaper oil, geopolitical effects

Some see it as the long arm of Saudi Arabia; others as a concerted action with the US; and, finally, there are those who just see the markets move, at a Europe on the brink of recession and a world submerged in a ‘new mediocrity’. The fact is that [...]
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