Report
The future of energy
8 February 2010

The world according to ExxonMobil

Are you a fan of solar power? Electric cars? Carbon capture and storage perhaps? Bad news for you: according to the eminently pragmatic researchers at ExxonMobil, none of these options will become cost-competitive in the period until 2030. Of course it is the largest oil company in the world saying so, but don’t think ExxonMobil is concerned only with promoting fossil fuels. The company is a great fan of energy efficiency, supports a carbon tax (but is opposed to cap-and-trade), is quite positive about nuclear power and wind power and is even investing $600 million in a possible renewable alternative for petrol: oil from algae. EER-editor Karel Beckman reports on ExxonMobil’s annual “Outlook for Energy – A View to 2030”.

Report
5 February 2010

Energy fever in the Baltics

by Reiner Gatermann

Asked recently by EER what he thought of when he heard the words “energy” and “Baltic States”, Lithuanian Energy Minister Arvydas Sekomokas promptly responded: ‘Two things: renewable energy and nuclear power.’ And natural gas? Sekomokas has no love for this. ‘Nord Stream is a solution of the past’, he says. But things won’t be that simple for the Baltic region. There are still plenty of puzzles to sort out as the Baltic States are feverishly trying to integrate their energy systems with the European Union.

Report
3 February 2010

The business case for tapping geothermal energy

by James Osborne

Keeping costs to a minimum is a basic business tenet, irrespective of the economic climate. But higher energy prices have prompted some companies to look for innovative and environmentally friendly ways to save money. Italy’s Autogrill, based just outside Milan, has given itself the double task of not only cutting its spending on energy and water but also reducing its environmental impact. The company, the world’s biggest manager of airport and highway restaurants and shops, in 2008 spent €103 million on energy and water globally, 16% of its operating costs.

Report
3 February 2010

Al Gore ♥ geothermal

by Karel Beckman

What is the contribution geothermal energy can offer to the world’s energy production? Potentially, it is huge. Actually, the outlook is limited for the time being. But this does not deter visionaries like Al Gore who see in geothermal energy a way of saving the earth.

Viewpoint
1 February 2010

EU must use antitrust law to reduce its dependence on Russian gas The competition case against Gazprom

by Iana Dreyer

For years the EU has tried to use international trade agreements and political agreements to prevent Russia from taking advantage of Europe’s dependence on Russian gas. That strategy has failed. It is time now for the EU to apply its own market principles to Gazprom’s activities in Eastern Europe and to start antitrust proceedings against the Russian company. There is no reason to treat Gazprom differently from Microsoft or other companies.

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All articles published by European Energy Review are filed in our files section.

 

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