The New Zealand electricity market is similar to Tolkien's hobbits: it may be small in size, but it shows others the way. This post describes its most remarkable features. 

With a lack of sufficient storage capacity and consumer habits which do not line up with the offer provided by solar and wind power, the growing importance of variable renewable energy in the production of electricity is forcing producers to maintain replacement capacity. 

TSE President answered the questions of the Japanese news outlet.

marché, européen, europe, union, libéralisation

The first directive liberalising the European electricity markets is celebrating its 20th anniversary at the end of the year. What conclusions can we draw from these two decades of liberalisation?

Because it produces a non-storable commodity, the electric power industry has had to make enormous investments in reliable production and transport capacity in order to grow.

The sharing economy owes its transformative potential within our societies to two features. First, it uses innovative matching technologies, which connect service providers and users much more effectively than before. Secondly, these technologies enable new service providers to enter the market. 

The French capacity mechanism, designed to subsidise electrical production when the demand is high, is being reviewed by the European Commission. Is this mechanism efficient? What about European solidarity?

It is difficult to find a facet of politics which does not relate, in some way, to energy issues. Conversely, most decisions relating to energy have a range of knock-on effects (many of them hard to predict and manage) on many aspects of social life. It is therefore understandable (without condoning such behaviour) that governments are reluctant to abandon control of this vital industry to regulators and competition authorities. It is also easy to understand the reticence of national governments to let Brussels build an Energy Union. Yet they would have much to gain from such an endeavour.

The 21st Conference of the Parties on the United Nations Framework Convention on Climate Change 2015, better known as COP 21, was held in Paris between 30 November and 12 December 2015. Forty thousand people participated in this diplomatic and media focused event, which culminated in a document being signed by 195 countries to remind us that the planet is getting warmer. So what?

Gillian Tett writes about the “silo effect” – what others have described as tunnel vision or a problem of fragmented worldviews – as though it were largely the product of an excess of specialization in advanced industrial societies.

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