energy
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Turkey maneuvers to become a regional energy baron
Over the past several years, Turkey has become a major player in energy deliveries from the Caucasus to Europe, and its deepening partnership with Azerbaijan has only solidified its position as a regional power. As Russia’s grip on the region weakens, it could lead to serious security concerns, with Ankara increasingly willing to defend its interests militarily.
Nord Stream 2 divides Germany’s allies
Nord Stream 2 is perhaps Europe’s most controversial energy project. In October, the U.S. slapped another set of sanctions on contractors and suppliers building the pipeline, while the pandemic-induced drop in economic activity has further called into question the initiative’s financial viability. Berlin and Moscow now have a significant dilemma ...
Germany’s high-risk energy strategy
The German government hopes to overcome the shortcomings of its Energiewende plan with new initiatives such as a coal phaseout by 2038, a new climate policy package and an ambitious hydrogen strategy. But the blueprint still lacks coherence and cost efficiency, meaning it could further weaken the economic competitiveness of ...
GIS Dossier: Nord Stream 2
The Nord Stream 2 pipeline was supposed to cement Russian dominance over Europe’s gas markets while bypassing Ukraine. But as it nears completion, Gazprom’s bargaining power versus the EU appears diminished. The Kremlin’s strong-arm tactics have simply proved no match for market forces.
GIS Dossier: Mozambique’s roller-coaster ride
Mozambique seemed to have it all. Its economy took off after a long and bloody civil war ended in 1992, accelerating further after discoveries of vast natural gas and oil reserves in 2010-2012 prompted the government to liberalize the energy sector. Yet the country’s rags-to-riches scenario has yet to materialize, ...
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