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For all those interested in "The EUs Energy Supply" - my new infoposter "ECONOMICS" is now available:
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Martin Kolmhofer
Smart charging and energy storage: bridging the gap between electro mobility ...Eugenio Stoppani
This article, published in the International Energy Law Review, provides an overview of the benefits smart charging and energy storage can bring to customers and operators in electricity systems.
It also focuses on regulatory challenges and solutions needed at European level to enable the full deployment of these technologies and describes the roles and responsibilities of market players in future electricity systems.
EWEA's report shows that in 2010, wind energy avoided as much as 28% of the EU’s Kyoto emissions reduction target, and will avoid as much as 31% of the EU-wide objective by 2020. Contents: EWEA climate policy recommendations for the EU to 2020 include moving to a 30% domestic reduction target, tightening the emissions trading system to avoid oversupply and a low CO2 price and committing 100% of ETS auctioning revenue to finance climate mitigation.
For all those interested in "The EUs Energy Supply" - my new infoposter "ECONOMICS" is now available:
- the poster gives an overview of the development of economic theory from its beginnings.
- the poster shows the historical roots of economic ideas and their application to contemporary economic policy debates.
View and order at http://www.cee-portal.at/PrestaShop
Best regards
Martin Kolmhofer
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While UK met its 2020 interim target, there is some doubt regarding whether it will meet the overall 2020 target of 15% of energy consumption from renewables. For the time being it seems that the UK will have to make arrangements to count renewable energy produced and used in other member states to achieve its targets. Additionally, recent government decision to remove preliminary accreditation from the Feed-in-tariff, rejection of several renewable projects and Austrian legal action against development of the Hinkley Point nuclear power plant will have an effect on the countries energy future.
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The empire's roots lie in the city of Rome, founded, according to legend, by Romulus in 753 BCE. Over centuries, Rome evolved from a small settlement to a formidable republic, characterized by a complex political system with elected officials and checks on power. However, internal strife, class conflicts, and military ambitions paved the way for the end of the Republic. Julius Caesar’s dictatorship and subsequent assassination in 44 BCE created a power vacuum, leading to a civil war. Octavian, later Augustus, emerged victorious, heralding the Roman Empire’s birth.
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Macroeconomics- Movie Location
This will be used as part of your Personal Professional Portfolio once graded.
Objective:
Prepare a presentation or a paper using research, basic comparative analysis, data organization and application of economic information. You will make an informed assessment of an economic climate outside of the United States to accomplish an entertainment industry objective.
3. Wintershall ENI
15% 20%
Gazprom
EDF 50%
15%
Image Source: http://www.gazprom.com/f/posts/85/290063/cdm40995_edit.jpg
Source: Gazprom 2012
Total cost 15.5bil EUR
4. 2,500km
long
Image Source: http://www.gazprom.com/f/posts/44/270918/southern-corridor-2-en.jpg
5. 383$ per 1,000m³ 2011
305$ per 1,000m³ 2010
Due to competition with Norway’s Statoil
Minimum price with zero margin
160$ per 1,000m³ - room to reduce price
Source: Gazprom 2011
6. Coal 70% of energy production
Expensive electricity
Natural gas is abundant
Natural gas power plants are a cost-
competitive alternative
Natural gas in power generation offers
significant emission reductions
Important role in decarbonizing energy mix
Advantages beyond power generation
Supports European Economic development
and competitiveness
Source: European Gas Advocacy forum
7. gas
imported hydro
2.4% geothermal
electricity 5.1% 0.4%
5.6%
biomass
6%
coal
47%
oil
35%
Home Production: 51,53%
Imported: 48,47%
Source: MANU 2008
Year
8. Imported from Russia from Corridor 8
(Ukraine, Moldova, Romania,Bulgaria)
Total imported and distributed gas for 2011
approx. 136mil/m³ 16,9% of capacity
Kriva Palanka
Kratovo
Kumanovo
Skopje
“Dark age”
Source: Annual report on the work of the regulatory commission
for energy sector in Macedonia in 2011
16. Opportunity to choose energy as input for the
consumers
Increase of the competitiveness *
Faster dynamic of development of the
technological developmental zones and
increased employment
* the World Economic Forum ranked the economies according to their
competitiveness. It has introduced a specific column for the
infrastructure as an efficient driver of the competitiveness
Source: WBIF 2011
17. Potential reduction of the current account
deficit due to the reduced import of
electricity
Improve living conditions of citizens
Source: MINA 2012
19. Reduction in pollution
- Due to 80% of electricity generated from
fossil fuels
Noproblems with storage and negative
impact on the environment
20. Increased use of natural gas throughout
the country, accompanied by
economic, social, and environmental
benefits
Further development of the power sector
Strengthening energy security
22. 1.5% annual growth
in world
Factors:
• Slow economic
growth
•Renewable energy
•Energy policies
23.
24. Benefits Cons
Energy stability • Increase energy
Producing cheap dependence on
electricity Russia
Used for heating
•Reduce share of
Increasing
competition and renewable in
innovation in the energy sector
industry sector
Decrease GHG
emissions
26. Analytica, 2008. Natural gas – an energy necessity for Macedonia. URL:
http://analyticamk.org/files/ReportNo15.pdf
BP 2012. Statistical Review of World Energy – June 2012. Internet Source. Date accessed: 28.03.2012. URL:
http://www.bp.com/sectionbodycopy.do?categoryId=7500&contentId=7068481
Energy Sector in Macedonia, 2011. Annual report on the work of the regulatory commission for energy sector in
Macedonia in 2011. Skopje: Government Publishing
European Gas Advocacy Forum, 2011. The Future Role of Natural Gas. A position paper by the European Gas
Advocacy Forum. URL: http://www.gazpromexport.ru/content/file/egaf/Making_the_green_journey_work_-
_web_version.pdf
Gas Infrastructure Europe, 2011. System Development Map. URL:
http://www.gie.eu.com/download/maps/ENTSOG_SYSDEV_MAP2011.pdf
Gazprom 2011. Annual Report. Internet source. Date accessed: 28.03.2013. URL:
http://www.gazprom.com/f/posts/60/660385/annual-report-2011-eng.pdf
Image “Consumption Projections MK”; “Final Consumption”; “Future Projections Total Gas Demand”; “Gas Demand
2040”; “Gas Consumption in EU”. Jovanovski and Kontradenko 2008
Image “Future Projections EU”. IEA, 2009.
Image “Macedonia and Gazprom”. URL: http://www.naturalgaseurope.com/macedonia-south-stream-pipeline
Image “Investments”. URL: http://www.gazprom.com/f/posts/85/290063/cdm40995_edit.jpg
IMF, 2011. Electricity Demand and Supply Image. URL: http://www.imf.org/external/pubs/ft/wp/2011/wp1130.pdf
Indexmundi. Historical Data Graphs per Year. URL: http://www.indexmundi.com/g/g.aspx?c=mk&v=137
International Gas Union, 2008. Macedonia Natural Gas Situation Oct 2008. URL:
http://www.igu.org/knowledge/members-information-about-natural-gas-markets/macedonia-natural-gas-situation-
oct-2008.pdf/at_download/file
Jovanovski. Lj. and Kontradenko, Z. 2008. Gas Infrastructure in Republic of Macedonia. A presentation prepared
for the 5th Gas Forum. Brdo Kranj – Slovenia.
Macedoniaonline. Macedonia Officially joins South Stream Gas pipeline. Internet article. Date Accessed:
24.03.2013. URL: http://macedoniaonline.eu/index2.php?option=com_content&do_pdf=1&id=21361
Map “Present Gas supply in Macedonia”. URL: http://www.realfuture.org/wordpress/wp-
content/uploads/2009/08/balkan_area_southeast_europe_pipelines_map.jpg
Macedonian Academy for Sciences and Art (MANU) 2009. Strategy for Energy Sector Development for the period
2008-2020, with a vision for 2030. Skopje: Governmental Publishing.
Map “South East Pipeline Route”. URL: http://www.gazprom.com/f/posts/44/270918/southern-corridor-2-en.jpg
Editor's Notes
The Russia–Ukraine gas disputes refer to a number of disputes between Ukrainian oil and gas company NaftogazUkrainy and Russian gas supplier Gazprom over natural gas supplies, prices, and debts. These disputes have grown beyond simple business disputes into transnational political issues—involving political leaders from several countries—that threaten natural gas supplies in numerous European countries dependent on natural gas imports from Russian suppliers, which are transported through Ukraine. Russia provides approximately a quarter of the natural gas consumed in the European Union; approximately 80% of those exports travel through pipelines across Ukrainian soil prior to arriving in the EU
RussianGazprom 50%Italian energy company Eni Paolo Scaroni 20%French EDF 15%German Wintershall 15%
The Russian onshore section will run from the Pochinki compressor station to the Russkaya compressor station near Anapa.[31] The 925-kilometre (575 mi) long offshore section will run from the Russkaya compressor station through the Black Sea to Bulgaria's city of Varna.[2][32] Because of theRussia–Ukraine gas disputes, the pipeline is routed through Turkey's waters to avoid the exclusive economic zone of Ukraine.[15][33][30]The 1,455-kilometre (904 mi) long onshore section starts from Varna and runs to Pleven.[2][34] From there, the southwestern route, was to continue through Greece and Ionian Sea to southern Italy.[34] However, this route was abandoned.[30] The northwestern route will continue from Pleven to Serbia. In Serbia, it will run through Zaječar, Beograd and Subotica.[35] From Subotica pipeline will run through Hungary and Slovenia to Arnoldstein in Austria near the Italian border to supply northern Italy.[22][36][37][38] Two branches to Croatia, and Bosnia and Herzegovina are foreseen.[2] Srbijagas plans to construct along Sava river a 480-kilometre (300 mi) long branch pipeline with a capacity of 1.2 billion cubic metres (42 billion cubic feet) to BanjaLukaand Sarajevo.[39] It is possible that also Montenegro will be connected to the pipeline.
Природниот гас би се обезбедувал со понатамошен развој на преносната мрежа од постојниот и од нови гасоводи и со развој на дистрибутивната мрежа. Постоечкиот капацитет на магистралниот гасовод Жидилово-Скопје неможе да ги задоволи потребите од природен гас во Македонија до 2020 година. Оттука неопходно е поврзување на Македонија кон нов гасовод. Со оглед дека потрошувачката на природниот гас во Македонија во 2020 година ќе учествува со висок процент (16%) во вкупната потрошувачка за сигурно снабдување со енергија, потребно е да се обезбеди разнообразност на снабдувањето со природен гас. Тоа најдобро ќе се обезбеди со приклучување на Македонија на планираниот регионален прстен кој ќе има можности за снабдување од поголем број различни извори.
CCHP (combined cooling, heat and power)
Gas is grappling itself a slow growing share in a very slow-growing energy world: annual growth of world gas demand is running at about 1.7%, from pre-2009 trend rates as high as 4% a year. For Europe however, after a 10.5% "big dip" cut in consumption through 2009-2011, and slow growth afterwards, the outlook is that European gas comsumption will grow at most 0.4% annual for several years ahead, possibly to 2017-2020. Source/ http://www.atkearney.com/documents/10192/70a85021-5426-488a-afea-d5d469ec4df3Some energy analysts go further and forecast complete zero growth for aeneslong as 5 - 10 years ahead. Factors driving this outlook include slow economic growth, fast growing renewable energy output and energy policies targeting a net reduction of national electricity consumption, sometimes by as much as 33%-50% by 2025 in several EU27 countries, including Germany.