Page 12 - EurOil Week 45 2021
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EurOil                                            POLICY                                               EurOil











































      Brussels gives ground




      on gas, nuclear





        EUROPE           THE  European Commission (EC) has  warned that an accelerated transition will jeop-
                         responded to the energy crisis unfolding in  ardise economic prosperity.
                         Europe by urging member states to accelerate   The current energy crisis has also exposed
                         the deployment of renewables and phase out gas  the limitations of using renewable sources like
                         use. But that stance is not shared by all members,  wind and solar. It is expected to take a num-
                         with Poland and other East European states call-  ber of years for Europe to develop sufficient
                         ing for recognition of gas as a transition fuel in  battery storage to ensure a sufficient energy
                         the energy transition.               reserve to support these intermittent sources.
                           It now seems the EC is willing to give ground  In the meantime, the only other option is
                         to these members. According to the Financial  baseload gas or nuclear power to support the
                         Times, the Commission is preparing a draft  grid when the sun is not shining and the wind
                         taxonomy text on what energy sources can be  is not blowing.
                         considered sustainable, and natural gas will be   According to media reports, Poland is leading
                         included. Citing sources, the newspaper said  the charge for the recognition of gas as a bridge
                         the inclusion of gas was to “win support from  fuel in the transition. The country long resisted
                         countries in East and South Europe which have  EU calls to shift away from coal, which accounts
                         demanded that gas is not penalised.”  for around 75-80% of Polish power generation.
                           What is more, nuclear power will also be  But it finally did so in 2019, with the govern-
                         included in the taxonomy, to “open the door for  ment announcing a new strategy that embraced
                         nuclear power to be awarded the highest green  natural gas as a replacement source of baseload
                         label under the rules.”              capacity. Since then it has sought to expand its
                           The EC is keen to see the goals of the Euro-  gas import options and has plans for a series of
                         pean Green Deal realised, but it also recognises  new gas-fired power plants.
                         that EU member states have different views on   Leading the advocacy for nuclear power is
                         how these goals can be reached and what eco-  France, in contrast to the stance of Europe’s other
                         nomic cost is justified. While the Commission  largest economy, Germany, which took a deci-
                         has urged members to drop gas and double down  sion to phase out the energy source following the
                         on renewables, some national governments have  2011 Fukushima disaster. ™



       P12                                      www. NEWSBASE .com                      Week 45   11•November•2021
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