The present report aims at understanding the challenges and opportunities of the Ukrainian natural gas market. It considers its natural resources, infrastructure, industry organisation, market regulation, international relationships, and consumption patterns. The report broadly describes the current situation and key market data. However, its focus is on mid-term evolution, with a view to understanding how the market could look around 2020, when the current transition should be relatively advanced. The market is assessed against European Union benchmarks, in particular the Gas Target Model (ACER, 2015), which envisages the characteristics of a functioning gas market pursuant to the EU regulatory framework, and defines metrics for assessment of individual (national or cross-border) markets. The assessment is not limited to the metrics, but also illustrates and discusses other key features that the current European debates highlight as key factors of a functioning market, and which can lead to the establishment of a liquid and competitive hub for gas trading.
In this paper, we discuss the implementation of Capacity Remuneration Mechanisms (CRM) in the European Union (EU). We first illustrate that the costs of CRMs in the EU are significantly [...]
Additionality is a key requirement for the renewables based electricity to be used by electrolysers to produce renewable hydrogen. Additionality could be defined as the requirement that renewables-based electricity used [...]
China has always upheld multilateralism and has advocated the use of multilateral mechanisms to jointly address global climate change issues. This paper discusses what China does and why, and how [...]
Interoperability in the context of smart electricity metering is high on the European policy agenda but its essence has been challenging to capture. In this paper, we look at experiences [...]
Around 75% of European cargo transport operations in terms of ton-kilometers are performed by trucks, which, in turn, entail massive environmental and societal impacts. Prior to the COVID-19 pandemic, road [...]
Green LNG is a newly emerging trend in the natural gas industry which has been incentivised by the decarbonisation process. This new line of thinking encourages LNG suppliers to offset [...]
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