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Explore the evolving energy landscape in the EU, including market dynamics and regional contexts. Discuss the impact of new technologies, emerging trends, and geopolitical factors on energy security and sustainability. Analyze the role of renewable energy sources, gas imports, and nuclear power in shaping the future of energy in Europe. Consider strategic approaches to enhance energy resilience and reduce carbon emissions. Delve into complex traffic risks in the Baltic region and the state of energy infrastructure projects like NABUCO. Reflect on the need for a holistic approach to energy strategies at both continental and global levels for a secure and sustainable energy future in the EU.
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EU energy among Lisbon, Moskow and Kyoto Dr.Ionut PURICA IPE Academy of Romania
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
New Infrastructure towards the EU-27 (bcm/a) Pipelines, Existing (2006), under construction/planned (2015) • Russia – EU-2006: 176 – 2015: - FRG +55, Bulgaria +30 • Norway – EU-2006: 128 – 2015: UK +11, TBD:<20, Swe/DK:+8 • Algeria – EU-2006: 40 – 2015: Spain +13, Italy +13 • Lybia – EU-2006: 9 • Iran/Caspian – 2015: Bulgaria 23 Total (2006) 344 – (2015) +92-173
Complex traffic risks in the Baltic both surface and submarine
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
LNG gas capacity Likely/possible
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
Be it that you live interesting times (Chinese curse) The road ahead for EU energy