Opinion on Natural Resources

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Type Product title / description Pub Price
Expert View
Expert View

Europe to smash offshore wind targets if consent is given

Europe was behind its target for installed capacity of offshore wind turbines at the end of 2012 by more than 14%, but the volume of projects in the pipeline is sufficient to meet Europe's 2020 target more than three times over.

Published By Datamonitor
01 May 2013
Expert View
Expert View

UK renewables up 20% in 2012 but emissions rise

New figures released by the Department of Energy and Climate Change (DECC) show that renewable energy generation in the UK increased by 20% in 2012. Manufacturing emissions were reduced, mainly due to the slow economic climate in Europe, but despite this overall UK emissions still rose by around 4.7% due to increased generation from coal power stations.

Published By Datamonitor
05 Apr 2013
CommentWire
CommentWire

Drax displays good foresight

Demand for biomass in Europe is set to double from 2010 levels by 2020, leaving a potential supply gap equivalent to 40 million tons of oil annually. In the absence of Europe-wide legislation to govern sustainable biomass supply, securing long-term supplies of biomass feedstock will be vital. As such, Drax is showing good foresight in procuring long-term, sustainable sources of biomass feedstock.

Published By Datamonitor
25 Oct 2012
Expert View
Expert View

Gazprom under competitive and regulatory pressure

Gazprom is coming under pressure on both the competitive and the regulatory front. Antitrust proceedings from the EC could lead to the company paying significant financial compensation, while lower demand and competition from other suppliers could affect its business. Nevertheless, Gazprom's dominant position in Europe's gas market does not look under threat for now.

Published By Datamonitor
13 Sep 2012
Expert View
Expert View

Geothermal could account for a significant amount of UK energy if government support is increased

Deep geothermal energy in the UK has the potential to accommodate an installed capacity of 9.5GW of electrical power and 100GWth of heat to the nation's consumers, according to the Renewable Energy Association and a new report by engineering consultants Sinclair Knight Merz. Realizing this, however, will require government buy-in.

Published By Datamonitor
13 Jun 2012
Expert View
Expert View

EU environmental regulations threaten the UK's future energy security

For energy companies looking at investment decisions in the next decade, there is a tug-of-war between the reality of current prices for fossil fuels and the climate change constraints that oblige the UK to reduce carbon dioxide emissions. The tricky question for the UK government is how it will reconcile these competing challenges.

Published By Datamonitor
26 Mar 2012
CommentWire
CommentWire

Another 10 years of Norwegian gas for the UK

A 10-year GBP13bn agreement with Statoil, starting in 2015, will see 50 billion cubic meters of gas transported to the UK. The deal is a good move as it reduces UK dependence on Russian gas through European interconnectors. It is a shame, however, that Centrica is not investing more in the UK's North Sea oil and gas reserves, generating much needed tax revenue.

Published By Datamonitor
28 Nov 2011
CommentWire
CommentWire

France-Spain interconnector: receives EIB funding, but concerns over EU generation capacity remain

A E350m loan from the European Investment Bank is to boost a project for a new France-Spain interconnector. The EU is driving such projects as a crucial part of its objective of a single internal energy market. However, interconnectors are no substitute for investment in generation capacity, and with many nations banking on increasing imports, there may not be enough power to go round.

Published By Datamonitor
14 Oct 2011
Expert View
Expert View

Gas pipelines: ensuring energy supply versus increasing market access

As discussions about the development of Europe's gas corridor continue, Bulgaria's energy minister has announced that the biggest two projects will "most probably" get derogation from the regulatory framework, which aims to improve competitor access to pipeline networks. This would be a setback for EU policy, but the union needs to face economic realities while improving energy security.

Published By Datamonitor
25 Jul 2011
CommentWire
CommentWire

Scottish National Party: aiming for 100% renewable energy with the help of the Queen's Crown Estate

The Scottish National Party secured a majority win in Scotland's parliamentary elections in May, promising to source 100% of the country's power from renewables by 2020. First Minister Alex Salmond has requested devolved control of the Queen's Crown Estate in the North Sea, but a careful balance between oil, gas, and renewable investment is needed to realize the country's full energy potential.

Published By Datamonitor
16 May 2011

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