European Energy Markets Observatory

European Energy Markets Observatory

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The 10th edition of the European Energy Markets Observatory covers the full year 2007 and the winter 2007/08. The key findings include:-Oil price increase in 2007 and H1 2008 exacerbated fundamental tensions in the industry. The present price drop poses other problems.-Limited progress has been made to solve the qreducing CO2 emissions / satisfying the energy demandq equation, but there are reasons to hope -After an interim improvement in 2006, electricity security of supply deteriorated in 2007, calling for a significant investment program -Geopolitical tensions have increased risk on gas security of supply -Progress was made towards a common electricity market in Europe, but competition is not really taking up and prices to end customers skyrocketed in early 08 -The Utilities are in a good financial situation and important MaA have landed in 2008 -The financial and economic crisis is impacting the Utilities industry and should accelerate their business model changeHigh dependency on natural gas is increasing energy costs and reducing security of The Italian share of natural gas consumption against total ... many observers are worried that the lack of investments in upstream in Russia might constrain supply, raising some concerns about ... However, Russia and Iran did not manage to coordinate in time the charter of the Forum of gas-exporting countries which wasanbsp;...

Title:European Energy Markets Observatory
Author:Colette Lewiner
Publisher:Springer Science & Business Media - 2010-01-01


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