The RES-E (electricity from renewable energy sources) auction in Spain is quite different from other international experiences regarding key design elements, namely investment-based support, uniform pricing, lax prequalification and penalties.
The UK, a traditional energy importer, will have to realign its domestic energy and climate policy goals. It also remains to be seen whether the EU can hinge upon an ambitious international climate policy to compensate for Brexit.
Should Trump insist in pursuing his approach to climate action, China and the European Union will be looked upon by the international community to lead on.
Trump’s ‘supply-side’ energy policy proposals imply only minor impact on the trajectory of renewable energy and the low carbon transition; however, his trade and foreign policies could significantly magnify such impact.
The design of the Paris Agreement set the stage for a technical meeting in COP 22 but the stakes were raised in the aftermath of the US election. Implementation, increased ambition and a just transition are the pending tasks.
Will the fate of the roadmap be any different this time round? It is to be hoped so, but will mostly depend on the narrative deployed by the signatories.
Low oil prices seem to have slightly shifted Algerian political economy balances, making economic (and energy) reform more attractive.
The Algeria-EU business forum on energy cooperation held in Algiers last 23 and 24 May has for the first time put together Algerian and European industry representatives and public officials, including regulatory authorities.
Latin America is one of the most dynamic regions for the development of natural gas markets at the global, regional and national levels.
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