Latest Articles about Energy

Why China Funds Renewable Energy at Home, but Invests in Fossil Fuel Projects Overseas
Introduction Across the world, energy investments are gradually shifting towards renewables as part of commitments to curb global warming. In this trend, China is seen as both a climate hero and a climate criminal – the country is simultaneously by far the largest investor in... MORE

Baltic States Bet on New LNG Regasification Capacities
On April 19, the Latvian Economy Minister Jānis Vitenbergs announced his government’s decision to support entirely abandoning natural gas supplies from Russia by the end of 2022 (Em.gov.lv, April 19). The strategy in that regard relies on expanding liquefied natural gas (LNG) regasification capacity across... MORE

Middle Corridor: Potential Alternative to Russian Railways?
The Russo-Ukrainian war has cast doubt on the sustainability of the Chinese Belt and Road Initiative’s (BRI) “Northern Corridor” because of mounting Western sanctions on this overland route’s key links—Russia and Belarus (see EDM, April 8, 18). The growing vulnerability of the Northern Corridor, which... MORE

The Economic Aspect of Russia’s War in Ukraine: Sanctions, Implications, Complications (Part One)
Russia’s full-scale war of aggression against Ukraine, which commenced on February 24 (Kremlin.ru, February 24), pushed the world’s largest advanced economies to introduce several rounds of increasing economic sanctions against the Russian Federation (Meduza, March 8). While the initial impact of those punitive measures seemed... MORE

Poland Ready to Discontinue All Imports of Russian Energy by End of 2022
On March 29, the Polish government announced that it will unilaterally place an embargo on Russian coal imports within two months (Rzeczpospolita, March 29); and a day later, it declared that Polish refineries will “do whatever they can” to terminate Russian crude supplies by the... MORE

Moscow Outraged That Kazakhstan Becoming ‘a Second Ukraine’
Moscow-based commentators who remain convinced that Russia saved the current government in Kazakhstan by intervening there in January (see EDM, January 19, 21) are outraged that the Central Asian country is not supporting Russia in the Ukrainian conflict but rather publicly taking positions that challenge... MORE

Putin’s First Assertive Move on the Energy Front Misfires
Combat operations on all key fronts of the Russo-Ukrainian war continue non-stop, even if without decisive action, but the transit of Russian natural gas to Europe through Ukraine’s pipeline system persists without interruptions. This may appear aberrant given President Vladimir Putin’s well-documented propensity to “weaponize”... MORE

Russia and the Gulf: Implications for Global Energy Markets and Moscow’s International Isolation
Pressure is growing around the world to cut off international purchases of Russian oil because of the Kremlin’s war of aggression against Ukraine. In recent days, the government of Poland announced its intentions to do just that, in addition to self-embargos on Russian coal and... MORE

China’s Contorted Response to Russia Sanctions
Introduction The unprecedented sanctions imposed on Russia in the wake of its invasion of Ukraine will devastate its economy, but the extent of the severity partially depends on China and how much economic aid it is prepared to extend. In the short term, surging commodity... MORE

Rhetoric Versus Reality: The European Union and Imports of Russian Natural Gas
On March 8, the European Commission announced plans to cut European Union imports of Russian natural gas by two-thirds by the end of 2022 (EurActiv—Polish service, March 9). Last year, Russia supplied EU consumers with 155 billion cubic meters (bcm) of gas. Moreover, the EU... MORE