29 Mar '14, 3pm

The battered state of EU-Russia energy relations | Peak Oil News and Message Boards: Russia's annexation of Cr...

The critique was and remains largely accurate, but reversing it is contingent on a coherent EU policy towards gas and positive EU-Russian energy relations, neither of which currently look likely. Gas has been treated by the EU as both the cleanest burning fossil fuel, with quick response characteristics that make it an ideal complement to variable renewables, but also as a dirty hydrocarbon, the import of which undermines security of energy supply. In practical terms it has been left to the market, where the EU’s gas-fired generation sector has been caught between high fuel costs and subsidized and prioritized renewable generation.

Full article: http://peakoil.com/publicpolicy/the-battered-state-of-eu-...

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