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Explainer: How the EU will wean itself off Russian gas
Questions remain about how the phase-out will be implemented and enforced in practice
From green goals to ground realities
As the EU remains deadlocked over its 2040 emissions goal, the IEA has tempered its climate rhetoric, forecasting that oil and gas will continue growing over the coming decades
Fear and loathing in US LNG buildout
Overall gas optimism is blighted by concerns over lingering regulatory and infrastructure hurdles that could hamper expansion of US LNG exports, weaken security and stifle AI ambitions
Hungary defends Russian energy use
Claims the country lacks alternatives to Russian oil and gas may be exaggerated, although higher costs and reduced security of supply are legitimate concerns.
Europe’s malaise offers risk and opportunity for Turkey
The EU and Turkey should look beyond stalled accession talks and towards a new partnership that encompasses energy integration and carbon alignment
European gas in strong position as winter looms
Plentiful supplies of LNG and weaker competition from Asia mean the continent looks in good shape ahead of the cold season
GECF pours cold water on US-EU energy trade deal
The framework deal is more about symbolic transatlantic solidarity more than increasing actual trade volumes, according to the GECF
Latest EU sanctions largely toothless
Without US backing, the EU’s newest sanctions package against Russia—though not painless—is unlikely to have a significant impact on the country’s oil and gas revenues or its broader economy
An end to EU green illusions
EU industry and politicians are pushing back against the bloc’s green agenda. Meanwhile, Brussels’ transatlantic trade deal with Washington could consolidate US energy dominance
Bleak times for UK North Sea
Government consultations on the windfall tax and the exploration licence ban are positive steps, but it is unclear how long it will take for them to yield tangible outcomes
UK EU
Antony Froggatt
17 December 2020
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Brexit trial by fire

UK energy sector faces significant challenges uncoupling from the EU after decades of codependency

The UK’s and the EU’s energy systems are closely linked—physically, through interconnectors, and also through a backdrop of common standards, regulations and financing. Disconnecting the two systems will, though, have a bigger impact on the UK. While the Brexit transition period will end in December 2020 with or without a trade agreement, the energy sector is unlikely to be affected significantly by a deal per se, given the indications that it would be relatively shallow. But the sector will be influenced over the next few years by the political mood music that reverberates from the final agreement. The UK is dependent on energy imports, with an overall 35pc of net energy imported. This is s

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