The Economist Publishes Article On Shale Gas

The Economist has published an article on shale gas. To view the article please click here.

BP’s Annual Energy Review

BP published its 61st Annual Statistical Energy Review in June 2012. BP’s chief economist, Christof Rühl, presented the data at the annual event in Brussels.

European Commission Launches Consultation On Energy Infrastructure

The European Commission (EC) has launched a public consultation to seek views on a range of electricity and gas infrastructure projects that may be eligible for EU funding.

Agreement Reached On The EU’s Energy Efficiency Directive

After a final round of discussions, the European Parliament, Commission and Council have reached a deal on the EU’s Energy Efficiency Directive (EED), a piece of legislation widely regarded as the most important tool in achieving the EU’s self-imposed energy reduction targets.

Agreement Reached On The EU’s Energy Efficiency Directive

After a final round of discussions, the European Parliament, Commission and Council have reached a deal on the EU’s Energy Efficiency Directive (EED), a piece of legislation widely regarded as the most important tool in achieving the EU’s self-imposed energy reduction targets.

European Energy News Summary

Rising EU emissions in economic downturn and criticism of the EU ETS

British Government Introduces Major Energy Reforms

The British Government has set out major reforms to the UK energy sector in its draft energy bill.

Nabucco Pipeline No Longer Under Consideration

The EU-sponsored Nabucco pipeline project is no longer under consideration to ship gas from BP’s Shah Deniz gas field in Azerbaijan to Europe, according to a spokesman from BP.

UK Government Calls For Focus On Reducing CO2 Emissions

UK Energy Secretary Edward Davey has said Europe should focus on cutting carbon emissions rather than on repeating existing renewables targets.

IEA Promotes Energy Efficiency As Final Talks Are Held On The EU’s Energy Efficiency Directive

A report released by the International Energy Agency (IEA) has said that improved energy efficiency offers the clearest path to better energy management in the future. The report says that trillions of euros of investment in clean-energy technology will be required in the coming decades to control rising carbon emissions. While investments in the energy sector are set to total $100 trillion (79.7 trillion euros) globally by 2050, the IEA report estimates that cutting global carbon emissions by 50% compared to 2005 levels and limiting the long-term rise in global temperatures to 2 degrees Celsius would cost an additional $36 trillion (28 trillion euros) on that figure.