How is the Russia/Ukraine war changing global energy markets? The Russia/Ukraine war has huge implications for energy markets, particularly energy policy and corporate strategies.

Gas prices will remain high until 2026 at least. Europe wants to rapidly minimize the 150 Bcm of Russian imports that meet about one-third of its demand. There’s nowhere near enough alternative gas supply available for the next four years until new volumes of LNG from the US and Qatar become available.

The Russia / Ukraine War And Its Implications For The Energy Markets… | Devamı>>>

In addressing the threat of global warming, capturing and storing the carbon dioxide emissions from fossil fuel power plants is widely seen as a necessity. Back in 2009, John Ashton, then the UK foreign secretary’s special representative for climate change, argued: “There is no credible climate strategy that doesn’t include a strategy to get very quickly to the point where carbon capture and storage becomes the universal standard for all new coal and indeed all new gas-fired power generation.”

Nine years on, the plunging costs of renewable energy and battery storage have changed the debate somewhat.

Carbon Capture and Storage | Devamı>>>