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Energy
The Unholy Alliance That Explains Why Renewable Energy is Trouncing Nuclear
If recent trends continue for another two years, the global share of electricity from renewables excluding hydropower will overtake nuclear for the first time. Even 20 years ago, this nuclear decline would have greatly surprised many people – particularly now that reducing carbon emissions is at the top of the political agenda.
On one level this…
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The Nord Stream 2 Pipeline Threatens European Energy Security
Russian gas exports to Europe reached a record high of 193.9 billion cubic meters in 2017.
As Germany and Russia begin construction phases for the Nord Stream 2 pipeline underneath the Baltic Sea, Polish lawmakers echoed by U.S. Secretary of State Rex Tillerson continue to oppose its construction. Polish Prime Minister Mateusz Morawiecki asked the…
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Saudi Corruption Crackdown Could Permanently Boost Oil Prices
The Middle East is heading for a major showdown if statements made by Saudi Crown Prince Mohammed bin Salman (MBS) and UAE’s minister of Foreign Affairs Gargash are to be taken literally.
Over the last couple of weeks, the Gulf region has been on a rollercoaster ride. Risk analysts are struggling to deal with the dramatically changing geopolitical…
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