EU energy among Lisbon, Moskow and Kyoto

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EU energy among Lisbon, Moskow and Kyoto

• Dr.Ionut PURICA
• IPE Academy of Romania

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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

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Energy trends in the EU
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(No Transcript)
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Buy yourself a small generator
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What if the Russians give the gas to China ?
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Energy Market in a regional context
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How about another unpaid debt by Ukraine ?
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New Infrastructure towards the EU-27 (bcm/a) Pipel
ines, Existing (2006), under construction/planned
(2015) Russia EU-2006 176 2015 - FRG 55,
Bulgaria 30 Norway EU-2006 128 2015 UK
11, TBDlt20, Swe/DK8 Algeria EU-2006 40
2015 Spain 13, Italy 13 Lybia EU-2006 9
Iran/Caspian 2015 Bulgaria 23 Total (2006)
344 (2015) 92-173
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Complex traffic risks in the Baltic both surface
and submarine
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State of health of NABUCO
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Surrounded integrated corporate action
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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
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(No Transcript)
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How much reserve is enough ?
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LNG gas capacity Likely/possible
2007 2010 2015
Belgium 6,5 9,1 9,1
France 15,6 23,9 26,4-59,4
UK 9,0 44,0 49,7-54,7
NL 0,0 1,0 17,0-27,0
Italy 3,5 16,5 23,5-47,5
Spain 50,5 57,3 64,3
Portugal 5,5 5,5-8,5 5,5-8,5
Greece 2,6 2,6 2,6
Ireland 0,0 0,0 2,5
Croatia 0,0 0,0 10,0
Germany 0,0 5,0 10,0
Total 93,2 159,8-167,8 198-299,5
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Gas Markets in Europe
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Vulnerability to gas imports
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Market-Monopoly paradox
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New Technologies real options
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How to reduce CO2 without more gas consumption?
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Nuclear Power in the World
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Nuclear power in electricity generation
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Should we begin to Think Big ?
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Have we got enough time ?
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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

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The road ahead for EU energy