IENE sharpens its analytical approach to regional and global issues

Monday, 31 May 2021

IENE sharpens its analytical approach to regional and global issues

Analysis of major global and regional energy issues as well as the timely news analysis of current developments has been a mainstay of IENE’s work. Over the years the Institute has provided useful analysis contributed mostly by its partners and its scientific personnel,and lately from a growing number of visiting research fellows and associates.

The analysis contributed by IENE covers a really broad range of subject areas from oil and gas to electricity, hydrogen, renewables, energy efficiency, emissions and geopolitics. In this context the critical issue of climate change and the road to Net Zero Emissions together with the geopolitical implications from such policies is becoming one more area of great interest and the focus of a growing debate,which the Institute aspires to facilitate by informed analysis and the live exchange of views through a series of webinars.

During the course of May, the Institute released a whole series of analysis focusing on electricity and gas issues in the region. Last Thursday (28/5) the timely and very detailed SEE Electricity Monthly Analysis for the month of April was send to members. This covers eight countries in the region (Bulgaria, Croatia, Greece, Hungary, Italy, Romania, Serbia, Turkey) whose electricity systems are interlinked and in some cases already coupled. This monthly account and assessment of the regional electricity market is made possible thanks to the production by IENE, on a weekly basis, of the SEE Electricity Market Analysis report which is send only to members every Wednesday.

Two other useful analyses, the first one on the East Med pipeline and the other on IEA’s Global Energy Review were prepared and send to members in late April and early May, and were subsequently posted on April 30 and May 12 respectively, and are now freely available in the Publications section of the Institute’s web site. As part of its regional outreach but also in order to encourage dialogue the Institute makes publicly available a certain part of its work.

The Analysis on the East Med pipeline entitled, “Is the future of the East Med Gas Pipeline at stake?” throws light on the status and prospects of this major project in the post pandemic period and in view of growing opposition by environmentalists and global organisations on continued hydrocarbon exploration and production activity. The Analysis besides posing some pertinent questions provides a wealth of background information on the gas volumes at stake, demand prospects and the political alliances involved.The second Analysis in May, contributed by Dr. Charles Ellinas, an IENE Visiting Research Fellow, is an account and critique of IEA’s recently released Global Energy Review and makes interesting reading in view of growing concern of mankind’s ability to lower drastically emissions and help prevent a catastrophic temperature rise.

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