Energy News  
ENERGY NEWS
EU executive to screen member state energy deals
by Staff Writers
Brussels (AFP) Dec 7, 2016


EU member states agreed Wednesday to allow officials in Brussels to screen their oil and gas deals with Russia and other third countries in order to ensure security of supply.

The bloc's 28 member states and the European Parliament struck the agreement giving oversight to the European Commission, the EU executive, as part of long-standing efforts to rely less on Russian gas.

"This is a big political and legislative achievement," European Commission vice president for energy, Maros Sefcovic, said in a statement.

"Today's agreement ensures that rather than assessing whether international agreements comply with EU law after they are signed, member states will now do so in advance."

Fresh in EU minds is the collapse in 2014 of the South Stream pipeline project to ship Russian gas under the Black Sea to Europe after Brussels ruled that the way Bulgaria had awarded contracts breached EU competition law.

"The new rules... will allow the Commission to guarantee that no energy deal jeopardises the security of supply in an EU country, or hampers the functioning of the EU's energy market," EU climate and energy commissioner Miguel Canete said.

The EU grew concerned about its dependence on gas from Russia after Russia annexed Crimea from Ukraine in 2014 and after gas price disputes between Russia and Ukraine.

In disputes in 2006 and 2009, Moscow cut supplies to Ukraine during the winter, sparking knock-on shortages in Europe, especially in many of the former communist eastern states which still depend on Russia for nearly all their energy needs.

The EU relies on Russia for about a third of its gas supplies, with half of that amount transiting through Ukraine.

The European Parliament and the member states meeting in the European Council still have to formally approve the text.


Comment on this article using your Disqus, Facebook, Google or Twitter login.


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


.


Related Links







Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

Previous Report
ENERGY NEWS
Aquila Capital to merge Norway's Smakraft and Norsk Gronnkraft
London, UK (SPX) Dec 07, 2016
Aquila Capital has reinforced its commitment to Norway by planning to merge Smakraft and Norsk Gronnkraft (NGK), to create the leading operator in the country's hydropower market and the largest operator of small-scale hydropower plants in Europe. The merger, which is expected to be effective from January 2017, reflects Aquila Capital's active asset management approach and underlines the c ... read more


ENERGY NEWS
NASA's ISS-RapidScat Earth Science Mission Ends

Going against the grain - nitrogen turns out to be hypersociable!

Study says salt marshes have limited ability to absorb excess nitrogen

Marine sediments record variations in the Earth's magnetic field

ENERGY NEWS
Lockheed Martin Advances Modernization of Current GPS Ground Control System for USAF

High-Precision System for Real-Time Navigation Data of GLONASS Ready for Service

Launch of new Galileo navigation quartet

How NASA and John Deere Helped Tractors Drive Themselves

ENERGY NEWS
Green groups pressure Spain over 'at risk' wetlands

Scientists say North should commit to pay for forest conservation in South

Tribal protesters with arrows try to enter Brazil's Congress

Remote Amazon tribe kills illegal gold miners: officials

ENERGY NEWS
Investing in the 'bioeconomy' could create jobs and reduce carbon emissions

Argonne researchers study how reflectivity of biofuel crops impacts climate

UNIST researchers turn waste gas into road-ready diesel fuel

NextCoal to produce bio-coal for export to Japan, bio-oil for domestic use

ENERGY NEWS
Ultrathin protective layer brings quite a bit more stability to perovskite solar cell

New York funds low income access to solar power

Simple processing technique could cut cost of organic PV and wearable electronics

High renewable electricity growth continued in 2015

ENERGY NEWS
New York to bid in Federal Offshore Wind Auction

Ireland gets a bit greener with funding from Europe

Owl-inspired wing design reduces wind turbine noise by 10 decibels

DONG Energy sets wind energy sights on Taiwan

ENERGY NEWS
China coal mine blasts kill 59: report

India-backed Australia mega coal mine to start work mid-2017

China risks wasting $490 bn on coal plants: campaigners

Thousands demand scrap of Bangladesh coal-fired plant

ENERGY NEWS
'One app, two systems' for China app censorship: researchers

Hong Kong's anti-China lawmakers lose appeal over ban

The young Taiwan fraudsters targeted by Beijing

Fat lady sings for Chinese rural opera









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.