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Monitoring The Security Of Gas Supply In The European Union
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Book Synopsis Monitoring the Security of Gas Supply in the European Union by :
Download or read book Monitoring the Security of Gas Supply in the European Union written by and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In late 2021, an energy crisis emerged in the European Union (EU) as a result of (i) high energy prices following the summer season and (ii) various geopolitical and technical events. These circumstances had an impact in the operation of the EU natural gas system and the security of gas supply of the EU was threatened. During 2022, three different regulations were adopted in record time to safeguard the security of gas supply in the EU. They are related mainly to imposing minimum levels of gas in underground gas storages (UGSs) at the beginning of the winter, recommending demand reduction measures on a voluntary basis, and enhancing solidarity through better coordination of gas purchases. As a consequence, the need for monitoring the natural gas system as closely in time as possible increased during the energy crisis. In this context, the Joint Research Centre (JRC) monitored the operation of the EU natural gas sector, including UGSs, liquefied natural gas (LNG) regasification terminals, and transport of gas via pipeline. This monitoring is carried out daily and weekly with three publicly available data platforms that collect natural gas-related information. First, the European Network for Transmission System Operators for Gas (ENTSOG) manages a Transparency Platform (TP) containing gas transport indicators. Second, Gas Infrastructure Europe (GIE) collects information about UGSs by means of its Aggregated Gas Storage Inventory (AGSI+). Third, GIE also provides indicators for the large-scale LNG terminals via its Aggregated LNG Storage Inventory (ALSI). In addition, the in-house ENaGaD database provides daily natural gas consumption by member state and broken down by sector for some countries. The main goals of this report are twofold: (i) it examines the operation of the EU natural gas system in 2022 and compares it to historical records, and (ii) it presents tools for monitoring daily the EU's natural gas system operation using public transparency platforms.
Book Synopsis Monitoring the Gas Storage Filling Trajectory in the European Union in 2022 by :
Download or read book Monitoring the Gas Storage Filling Trajectory in the European Union in 2022 written by and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The new Gas Storage Regulation (EU) 2022/1032 enhances the security of supply of the European Union (EU) and provides amendments to the previous Regulation (EU) 2017/1938 concerning measures to safeguard the security of gas supply and Regulation (EC) No 715/2009 on conditions for access to the natural gas transmission networks. The new legislative proposal sets out minimum underground gas storage obligations at the beginning of the heating season, i.e. 80% of the aggregated capacity on 1 November 2022 and 90% from 2023 onwards. Specifically, it provides a storage filling trajectory by means of a set of intermediate targets on 1 August, 1 September and 1 October 2022 that Member States must fulfil (from 2023 onwards, the intermediate targets are on the first of the months of February, May, July and September). Apart from storage obligations, the Gas Storage Regulation adds an article to certify storage system operators and reinforces the monitoring system of the storage filling targets. This report provides an overview of the new Regulation in place and is focused on the monitoring of the target filling levels. The report identifies the countries that may face, in principle, challenges to meet their targets in 2022 based on storage projections derived at the end of July 2022, just before the first intermediate target came into effect. Finally, it describes four snapshots of the storage situation in the EU for each of the intermediate targets considered in the Regulation.
Book Synopsis Energy Security and Natural Gas Markets in Europe by : Tim Boersma
Download or read book Energy Security and Natural Gas Markets in Europe written by Tim Boersma and published by Routledge. This book was released on 2015-08-27 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: Moving beyond most conventional thinking about energy security in Europe which revolves around stability of supplies and the reliability of suppliers, this book presents the history of European policy-making regarding energy resources, including recent controversies about shale gas and fracking. Using the United States as a benchmark, the author tests the hypothesis that EU energy security is at risk primarily because of a lack of market integration and cooperation between member states. This lack of integration still prohibits natural gas to flow freely throughout the continent, which makes parts of Europe vulnerable in case of supply disruptions. The book demonstrates that the EU gas market has been developing at different speeds, leaving the Northwest of the continent reasonably well integrated, with sufficient trade and liquidity and different supplies, whereas other parts are less developed. In these parts of Europe there is a structural lack of investments in infrastructure, interconnectors, reverse flow options and storage facilities. Thus, even though substantial progress has been made in parts of the EU, single source dependency often prevails, leaving the relevant member states vulnerable to market power abuse. Detailed comparisons are made of the situations in the Netherlands and Poland, and of energy policy in the USA. The book dismantles some of the existing assumptions about the concept of energy security, and touches upon the level of rhetoric that features in most energy security and policy debates in Europe.
Book Synopsis THE EU’S ENERGY SUPPLY SECURITY: OPTIONS FOR GAS SUPPLY DIVERSIFICATION AND THE ROLE OF TURKEY by : ERAY ERBİL
Download or read book THE EU’S ENERGY SUPPLY SECURITY: OPTIONS FOR GAS SUPPLY DIVERSIFICATION AND THE ROLE OF TURKEY written by ERAY ERBİL and published by ERAY ERBİL. This book was released on 2018-06-27 with total page 151 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the gas disruptions to the European Union in 2006 and 2009 Ukrainian crises, the Community decided to diversify its supply sources and routes, develop energy infrastructure between the member states and increase energy efficiency to strengthen energy security of the Union. The book will examine the possibility of nine countries as being an alternative to Russian gas, and it will analyze Turkey's role in transmitting gas from the Caspian, the Middle East, and the Mediterranean regions to Europe.
Download or read book Europe's Energy Security written by and published by . This book was released on 2015 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis EU Gas Supply Security by : Mirja Schröder
Download or read book EU Gas Supply Security written by Mirja Schröder and published by . This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis EU Gas Security Architecture by : Elina Brutschin
Download or read book EU Gas Security Architecture written by Elina Brutschin and published by Springer. This book was released on 2017-01-23 with total page 117 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study traces the activities of the European Commission in the natural gas sector from 1990 to 2016, by concentrating on market liberalisation and infrastructure development as the main pillars of the European gas security architecture. By building on previous literature, the Commission's policymaking is analysed along its formal and informal powers in different energy security environments. In order to get a better understanding of the European energy market context, the reader is introduced into the historical development of the European energy policy in Chapter 2 and the literature on the European Union policymaking in Chapter 3. The analysis of the Commission's activities in the liberalisation (Chapter 4) and infrastructure (Chapter 5) sectors suggests that the Commission was able to effectively utilise networked governance during times when the demand for coordinated energy policies was low. This book will be of particular interest to those in the field of energy policies as well as EU policymaking.
Book Synopsis Law and Policy of the European Gas Market by : Monica Waloszyk
Download or read book Law and Policy of the European Gas Market written by Monica Waloszyk and published by Edward Elgar Publishing. This book was released on 2014-07-31 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: øLaw and Policy of the European Gas Market explores the law and politics of the EU gas market and in particular, the regulatory and competitive choices of institutions and bodies operating on the market, with a view to achieving a higher level of marke
Book Synopsis The EU's Gas Security of Supply by :
Download or read book The EU's Gas Security of Supply written by and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The energy world is today full of uncertainty: many developments contributed to a situation where it has become increasingly difficult to predict future trends. At the same time, the European Union's gas import dependency is growing, and thereby also risks that have the potential to jeopardise the EU's security of gas supply. Thus, while the situation becomes increasingly difficult, it is also more and more important for the EU to know the risks that challenge its secure supply of gas. Only when the EU is able to identify and evaluate the different risk dimensions adequately, it will be able to successfully manage and reduce these risks. As a growing international actor the EU will have to assume the task of risk management, not only because of the added value of its action in this field but also because this will prevent the member states from drafting risk management strategies which are entirely national. This paper asks what the main risks to the EU's security of gas supply are and how they can be reduced. It provides a comprehensive risk analysis, followed by a second part dedicated to the management of these risks. It is argued that the transit risk posed by Ukraine represents the highest risk to the EU's security of gas supply. Moreover, although the EU has some useful means at hand to reduce the transit risk, its capacity to do so will largely depend on Russia's policies towards Ukraine.
Book Synopsis Security of EU Gas Supply by : Commission of the European Communities
Download or read book Security of EU Gas Supply written by Commission of the European Communities and published by . This book was released on 1999 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis RETHINKING THE SECURITY OF THE EUROPEAN UNION'S GAS SUPPLY. by :
Download or read book RETHINKING THE SECURITY OF THE EUROPEAN UNION'S GAS SUPPLY. written by and published by . This book was released on with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Europe's Energy Security by : Michael Ratner
Download or read book Europe's Energy Security written by Michael Ratner and published by . This book was released on 2012-11-11 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :Great Britain: Parliament: House of Commons: Trade and Industry Committee Publisher :The Stationery Office ISBN 13 :0215026608 Total Pages :44 pages Book Rating :4.2/5 (15 download)
Book Synopsis Security of Gas Supply by : Great Britain: Parliament: House of Commons: Trade and Industry Committee
Download or read book Security of Gas Supply written by Great Britain: Parliament: House of Commons: Trade and Industry Committee and published by The Stationery Office. This book was released on 2005-12-13 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: The background to this report, is an earlier report from the Trade and Industry Committee (HCP 279, session 2004-05, Fuel Prices, ISBN 0215024990), which examined the price increases in gas supply, during the summer and autumn of 2004, and the resulting rises in electricity prices (as about 40 per cent of electricity generation in England and Wales is gas-fired), and focused on the effects of the price increases on all types of energy customers. This report looks at the developments since that time, and sets out some conclusions and recommendations. It does seem that gas supplies this coming winter are likely to be tighter than was anticipated in February of 2005. Import rates of gas have increased due to the effects of the hurricanes in the Gulf of Mexico and the uncertainty about the extent and duration of the damage to the USAs gas production facilities with resulting unpredictability of demands for natural gas imports to the USA. The Committee states that it is extremely unlikely that domestic customers and the majority of businesses will suffer, but that the Government needs to pay close attention to any potential changes to this situation, and should pursue, in the Committees view, a single market within the EU. The Committee expresses disappointment that little progress has been made in dealing with the plight of some non-elderly vulnerable groups, in particular, disabled people. Although, the Government cannot directly affect the price of gas, the Committee believes it can ensure that there are no regulatory or economic barriers to maximizing gas suppliers and storage facilities, and further improving the functioning of the gas market by encouraging the energy liberalization in the European Union.
Book Synopsis Security of Europe's Gas Supply by : Andrew Macintosh
Download or read book Security of Europe's Gas Supply written by Andrew Macintosh and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Policy Brief offers a summation of the European Union's vulnerability to natural gas supply security risks. Research for this paper was carried out in the context of the SECURE project (Security of Energy Considering its Uncertainties, Risks and Economic Implications), funded by the European Commission under the Seventh Framework Programme. The project aims to develop appropriate tools for evaluating the vulnerability of the EU to the different energy supply risks, and for promoting the optimisation of EU energy insecurity mitigation strategies, including investment, demand side management and dialogue with producing countries.
Book Synopsis European Energy Law by : Renate Pirstner-Ebner
Download or read book European Energy Law written by Renate Pirstner-Ebner and published by Nomos Verlag. This book was released on 2022-06-14 with total page 163 pages. Available in PDF, EPUB and Kindle. Book excerpt: Das Buch zum Energierecht der Europäischen Union beinhaltet neben einer Einführung (Begriffe, Überblick) das Marktmodell für Strom und Gas (z.B. Gleichbehandlung, Netzzugang), die Regulierungseinrichtungen (ACER, Anforderungen an die nationalen Regulierungsbehörden) und die europäischen Koordinierungseinrichtungen (ENTSO [Strom] usw.). Ein eigenes Kapitel ist der Versorgungssicherheit für Strom- und Gas (Risikovorsorgeplan [Strom], Notfallplan und Solidaritätsprinzip [Gas]) gewidmet. Daneben werden die erneuerbaren Energien, Energieeffizienz, Speicherung, Dezentralisierung (Energiegemeinschaften) und Digitalisierung (Smart Meters) behandelt. Den Abschluss des Buches bildet das Kapitel "Energiesystem der Zukunft" (Green Smart Grid).
Book Synopsis Europe's Energy Security by : Michael Ratner
Download or read book Europe's Energy Security written by Michael Ratner and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Report that focuses on potential approaches that Europe might employ to diversify its sources of natural gas supply, Russia's role in Europe's natural gas policies, and key factors that could hinder efforts to develop alternative suppliers of natural gas.
Book Synopsis Politics, Markets and EU Gas Supply Security by : Sandu-Daniel Kopp
Download or read book Politics, Markets and EU Gas Supply Security written by Sandu-Daniel Kopp and published by Springer. This book was released on 2015-01-30 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sandu-Daniel Kopp investigates whether carbon reduction targets are compatible with market-driven competition in gas (and power) industries, and whether security of supply is compatible with competitive markets. He examines the policy trade-offs which need to be made between the three different elements, and whether these policy judgements should be economically or politically based. The analysis shows the need for a complex set of politically determined options to protect (competitive) markets from price risks and emergency events and demonstrates that this has thus far failed the policy test. Overall, the author argues that the three major elements of EU energy policy are incompatible in important respects and thereby challenges much of the conventional wisdom of EU and Member State policies of the past decade.