West drags its feet on renewable energy

Subject Clean energy transitions. Significance The European Parliament (EP) is calling for more ambitious clean energy targets than those agreed by EU member states and proposed by the European Commission. However, even the EP’s proposals are unambitious given what is economically feasible and environmentally necessary. President Donald Trump's United States is unlikely to lead the world on energy transitions, leaving a potential opening for China to become an unlikely champion of carbon reduction. Impacts The EP is unlikely to succeed in pushing up the EU’s 2030 targets. Trump’s impact on clean energy development will increase over the remainder of his administration. Modest investment levels will hinder India’s ability to meet its target of 175 gigawatts of renewables by 2022.

Subject Renewable energy in the Caribbean. Significance At the Summit of the Americas on April 10-11, US President Barack Obama said that the United States would help Caribbean countries develop renewable energy sources. The Caribbean had an average cost of 0.33 dollars per kilowatt-hour (kWh) in 2012, nearly three times the US cost of electricity -- a considerable economic burden, not just in the region, but in nearly all island economies. Impacts The World Bank may attract attention as a focus point for investment less politically contentious than the United States or Venezuela. Renewable energy concepts may be first tested in Puerto Rico, which offers US legal protection to investors. Low oil prices may aid the shift to renewables in the region, by damaging Venezuela's regional influence.


Author(s):  
Ana-Maria Iulia Şanta

Abstract The European Commission has the initiative to foster the sector of renewable energy and to build an Energy Union, with a common energy market at the level of the European Union, but is this only an utopic vision or is this possible to achieve? The topic of clean energy is very new and of great interest for the European Union, which is shown by the fact that the European Commission recently adopted on the 30th November 2016 the package “Clean Energy for All Europeans”, which contains proposals for the modernization of the energy market at the level of the European Union. But which are the challenges such a project is confronted with? According to the literature, such challenges are related to the process of liberalization of electricity markets. Conflicts between national interest and international actors of the energy market might occur. Due to the oligopolistic structure of the energy market, there are several barriers to the market entry. In order to answer to the research questions, case studies regarding the liberalization of the energy market will be analyzed in a comparative manner, offering an international overview. Furthermore, the legal provisions on which the common energy policy of the European Union relies, will be analyzed, as well as their economic and social impact. The package “Clean Energy for All Europeans” comprises a proposal of the revised Renewable energy Directive, energy efficiency measures and issues related to the Energy Union Governance. It contains as well proposals for the electricity market design, which will be analyzed and the present paper outlines the contribution of this proposal in building a common energy market of the European Union. What role does competition play in implementing the common energy market of the European Union? Which role do competition authorities have in this context? These are interesting aspects to be analyzed in the present paper.


Significance Last week, its partners in the ‘Quad’ grouping -- the United States, Japan and Australia -- agreed to help increase its vaccine manufacturing and exporting capacity. Each of the Quad members is wary of China, which like India is gifting and selling coronavirus jabs around the world. Impacts India’s manufacturing sector will attract more foreign direct investment. Greater cooperation over supply chains will help strengthen India-Australia ties. Indian pharma will in the long term aim to ease dependence on imports of active pharmaceutical ingredients from China.


Author(s):  
Archana Sudhakar Talhar ◽  
Sanjay B. Bodkhe

This paper gives a review of energy scenario in India and other countries. Today’s demand of the world is to minimize greenhouse gas emissions, during the production of electricity. Henceforth over the world, the production of electrical power is changing by introducing abundantly available renewable energy sources like sun and wind. But, because of the intermittent nature of sustainable power sources, the electrical power network faces many problems, during the transmission and distribution of electricity. For resolving these issues, Electrical Energy Storage (EES) is acknowledged as supporting technology. This paper discusses about the world electrical energy scenario with top renowned developed countries in power generation and consumption. Contribution of traditional power sources changed after the introduction of renewable energy sources like sun and wind. Worldwide Agencies are formed like International Energy Agency (IEA), The Central Intelligence Agency, (CIS) etc. The main aim of these agencies is to provide reliable, affordable and clean energy. This paper will discuss about the regulatory authority and government policies/incentives taken by different countries.  At the end of this paper, author focuses on obstacles in implementation, development and benefits of renewable energy.


2016 ◽  
Vol 10 (3) ◽  
pp. 427-447 ◽  
Author(s):  
Marijke Welisch ◽  
Gustav Resch ◽  
André Ortner

Purpose The purpose of the paper is to provide estimation results for feasibility of renewable energy source (RES) deployment in Turkey, the Western Balkans and North Africa. From these results, the potential for cooperation in renewables production between the countries and the European Union (EU) is assessed and evaluated, in a mid- (2030) and long-term (up to 2040) perspective. Design/methodology/approach The authors focus on the quantitative assessments undertaken on the extent to which RES cooperation can create mutual benefits, identifying costs and benefits for both sides, but in particular with respect to RES target achievement (2020 and 2030) at EU level. The potentials for RES generation in Turkey, North Africa and the Western Balkans are calculated under different policy pathways, taking into account different levels of economic and non-economic barriers that could occur. Findings Overall, the authors found that increasing RES deployment in the three analysed regions and initiating or intensifying cooperation with EU28 Member States leads to mutual benefits. Concretely, these benefits become apparent in terms of the EU Member States importing renewable energy sources for electricity with a good resource quality and adding on to their targets for RES deployment. At the same time, substantial savings occur for the EU, in turn leading to income and investments in the cooperating regions. Originality/value The assessment underlying this paper is the first of its kind to the authors’ knowledge that opens up the geographical spread in comparison to merely assessing cooperation between Europe and the Middle East and North Africa. Furthermore, the multitude of policy parameters analysed provides detailed and robust insights concerning a broad variety of different possible scenarios.


2017 ◽  
Vol 12 (2) ◽  
pp. 334-345
Author(s):  
Ana-Maria Iulia Şanta

Abstract The European Commission has the initiative to foster the sector of renewable energy and to build an Energy Union, with a common energy market at the level of the European Union, but is this only a utopic vision or is this possible to achieve? The topic of clean energy is very new and of great interest for the European Union, which is shown by the fact that the European Commission recently adopted on the 30th November 2016 the package “Clean Energy for All Europeans”, which contains proposals for the modernization of the energy market at the level of the European Union. But which are the challenges such a project is confronted with? According to the literature, such challenges are related to the process of liberalization of electricity markets. Conflicts between national interest and international actors of the energy market might occur. Due to the oligopolistic structure of the energy market, there are several barriers to the market entry. In order to answer to the research questions, case studies regarding the liberalization of the energy market will be analyzed in a comparative manner, offering an international overview. Furthermore, the legal provisions on which the common energy policy of the European Union relies, will be analyzed, as well as their economic and social impact. The package “Clean Energy for All Europeans” comprises a proposal of the revised Renewable energy Directive, energy efficiency measures and issues related to the Energy Union Governance. It contains as well proposals for the electricity market design, which will be analyzed and the present paper outlines the contribution of this proposal in building a common energy market of the European Union. What role does competition play in implementing the common energy market of the European Union? Which role do competition authorities have in this context? These are interesting aspects to be analyzed in the present paper.


Subject The implications of new regulations on fracking. Significance The Department of the Interior on March 20 unveiled the first comprehensive federal rule to cover hydraulic fracturing ('fracking') operations on federally-owned and Native American lands. The rule adjusts construction standards to protect water resources and requires companies to disclose the chemical content of fracking fluid, as well as to give advance public notice of fracking activity. Impacts The United States may provide the template for shale regulations in other parts of the world. Water scarcity will lead to additional public policy constraints on fracking. The California drought will imperil the viability of the Monterey shale basin for years to come.


Significance The FAA's proposed regulations will open up drone use in the United States to commercial exploitation. While in some respects less rigorous than they might have been, the draft regulations will initially limit drone use. This could leave the United States in a less advantageous position than operators elsewhere in the world to develop drone-based services. Impacts The potential market for these larger drones is put at over 89 billion dollars over the next ten years. Military sales will be 72 billion dollars in that period. End-use control on military exports will help Washington influence allied foreign policy.


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