SHORTBYTES: How will Europe Navigate the “new” Energy Crisis ?

Today is March 23, one month since Russia began its destruction of Ukraine’s cities, infrasture and murdering civilians at will. Approximately 25% of Ukraine’s population of over 40 million people are displaced within, or outside, its borders.

If you have given even a causal thought to the implications for the democratic democracies of the world, particularly the EU and NATO countries, you know where the repercussions might lead. It is a short leap to imagine how sanctions against Russia, and its allies, could lead to significant oil, gas and food shortages in western Europe and the Mideast.

I want to share with you some of what I believe are some important discussions that are going on — — obviously a micro list.

“The White House has quietly assembled a team of national security officials to sketch out scenarios of how the United States and its allies should respond if President Vladimir V. Putin of Russia — … frustrated by his lack of progress in Ukraine …— unleashes his stockpiles of chemical, biological or nuclear weapons.

The Tiger Team, as the group is known, is also examining responses if Mr. Putin reaches into NATO territory to attack convoys bringing weapons and aid to Ukraine, according to several officials involved in the process.”

The International Energy Agency (IEA)has put together a 10-point plan to help reduce the impacts of europe’s reliance upon Russian natural gas.

The following is the Introduction to that post.

“Measures implemented this year could bring down gas imports from Russia by over one-third, with additional temporary options to deepen these cuts to well over half while still lowering emissions.

Europe’s reliance on imported natural gas from Russia has again been thrown into sharp relief by Russia’s invasion of Ukraine on 24 February. In 2021, the European Union imported an average of over 380 million cubic metres (mcm) per day of gas by pipeline from Russia, or around 140 billion cubic metres (bcm) for the year as a whole. As well as that, around 15 bcm was delivered in the form of liquefied natural gas (LNG). The total 155 bcm imported from Russia accounted for around 45% of the EU’s gas imports in 2021 and almost 40% of its total gas consumption.

Progress towards net zero ambitions in Europe will bring down gas use and imports over time, but today’s crisis raises specific questions about imports from Russia and what policy makers and consumers can do to lower them. This IEA analysis proposes a series of immediate actions that could be taken to reduce reliance on Russian gas, while enhancing the near-term resilence of the EU gas network and minimising the hardships for vulnerable consumers.

A suite of measures in our 10-Point Plan, spanning gas supplies, the electricity system and end-use sectors1, could result in the EU’s annual call on Russian gas imports falling by more than 50 bcm within one year — a reduction of over one-third. These figures take into account the need for additional refilling of European gas storage facilities in 2022 after low Russian supplies helped drive these storage levels to unusually low levels. The 10-Point Plan is consistent with the EU’s climate ambitions and the European Green Deal and also points towards the outcomes achieved in the IEA Net Zero Emissions by 2050 Roadmap, in which the EU totally eliminates the need for Russian gas imports before 2030.

We also consider possibilities for Europe to go even further and faster to limit near-term reliance on Russian gas, although these would mean a slower near-term pace of EU emissions reductions. If Europe were to take these additional steps, then near-term Russian gas imports could be reduced by more than 80 bcm, or well over half.

The analysis highlights some trade-offs. Accelerating investment in clean and efficient technologies is at the heart of the solution, but even very rapid deployment will take time to make a major dent in demand for imported gas. The faster EU policy makers seek to move away from Russian gas supplies, the greater the potential implications in terms of economic costs and/or near-term emissions. Circumstances also vary widely across the EU, depending on geography and supply arrangements.

Reducing reliance on Russian gas will not be simple, requiring a concerted and sustained policy effort across multiple sectors, alongside strong international dialogue on energy markets and security. There are multiple links between Europe’s policy choices and broader global market balances. Strengthened international cooperation with alternative pipeline and LNG exporters — and with other major gas importers and consumers — will be critical. Clear communication between governments, industry and consumers is also an essential element for successful implementation.”

Here again is the link to the 10-point plan: https://www.iea.org/reports/a-10-point-plan-to-reduce-the-european-unions-reliance-on-russian-natural-gas

Florence, March 23, 2022,