Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Can't say that I object.

Ukraine already is a NPT signatory. IF Ukraine can't comply with terms today, larding "Ukraine's competent authorities" with exclusive prerogatives (1/14 NPPs) won't guaranty safety compliance -OR- reliably service to EU's dysfunctional, investor-owned electricity transmission operators in future. Ukraine's 37-year-old past performance and maintenance record is not to be dismissed. Encouraging NATO stooges to saddle this white elephant is unnecessary and dangerous.

The True Lifespan of a Nuclear Power Plant: 40 years
Zaporizh* Nuclear Power Plant service history, 1985-1995

I note with interest, Guardian omitted sources behind this UN "joint statement"; also, omissions of material fact such as Zaporzh* NPP's tenous connection to Continental European Power System (ENTSO-E) before 24 Feb 2022 and subsquent "trial" disconnections from the RF "power grid" and Russian gas transitting Ukraine after 24 Feb.

SWP | Connecting Ukraine to Europe's Electricity Grid, 21 July 2021

Connecting Ukraine to the continental European power grid and the EU's electricity market is on the political agenda. However, establishing the necessary grid connec­tions is technically complicated and also requires profound reforms ...
Bloomberg | Ukraine Starts Trial Connection to European Electricity Grid, 16 Mar 2022
The power grids of Ukraine and Moldova have been synchronized with the continental European network on a trial basis, grid association Entsoe said in statement.
VOA | Ukraine Joins European Grid, Ends Dependence on Russia, 16 Mar stretch goal
Belgium-based ENTSO-E, which represents dozens of transmission system operators in Europe, said the electricity grids of Ukraine and its smaller neighbor Moldova were successfully synchronized with the Continental European Power System on a trial basis.

"This is a significant milestone," the group said.
ENTSO-E, whose 39 members operate the world's largest interconnected electrical grid, said the move means they will be able to help maintain the stability of the Ukrainian and Moldovan power systems.

The two countries were previously part of the Integrated Power System that also includes Russia and Belarus. This made Ukraine dependent on Russia's grid operator despite having had no electricity trade between the two countries for years.

by Cat on Sat Aug 27th, 2022 at 04:04:35 PM EST
Politico.eu.com | Hungary moves ahead with construction of Russian-built nuclear reactors, 27 Aug HUF:RUB collaboration
Hungary's Foreign Minister Péter Szijjártó announced on Friday. The reactors are part of a 2014 deal between Moscow and Budapest aimed at expanding the existing Paks nuclear plant, Hungary's only operating nuclear power station.
The Hungary Nuclear Energy Authority said that the permit issued this week will pave the way to add two new reactors to the four-reactor nuclear plant.
Europe's NEW! largest nuclear power plant
Located in central Hungary, the plant currently generates 40 percent of the country's electricity supply. The project is expected to cost $12.4 billion [HUF 5.121B, RUB 1.81B]. According to reports, Russia will finance most of the project with a $10 billion loan, while Hungary will pay for the rest.

The foreign minister expects the two new units to be operational by 2030.

"This will ensure the long-term security of Hungary's energy supply, protect the Hungarian people from extreme price fluctuations on the international [fuels] market, and maintain our efforts to reduce the cost of electricity," Szijjarto said.

archived Rosatom subcontractor, Egypt
by Cat on Sat Aug 27th, 2022 at 05:08:54 PM EST
[ Parent ]
APsplainin EU, German leaders pledge reform to cut electricity prices, 29 Aug
special re-regulation operation
European Commission President Ursula von der Leyen said in a speech in Bled, Slovenia, that soaring electricity prices "are now exposing the limitations of our current [internal] electricity market design."

"It was developed for different circumstances," von der Leyen said. "That is why we are now working on an emergency intervention and a structural reform of the electricity market."

The continent's electricity market is underpinned by a "merit order" system in which the power stations offering the cheapest electricity are tapped first, but prices are determined by the last and most expensive power stations to be tapped -- at present, those using gas, whose price has risen sharply following cuts in supplies "embargo" by Russia EU27 to several European countries amid the war in Ukraine.

EC | The internal market in energy: Coordinated measures on the security of energy supply (2002)
The process of opening up the market in natural gas and electricity to competition is governed by rules relating to access to resources and transport networks, competition and transparency which should protect the countries of the European Union against disruption of their internal supplies. This regulatory framework is essential and will make it possible to avoid crises such as that which hit California in 2000 [?!] when it experienced serious disruption of electricity supplies.

Of major importance for the proper functioning of the internal energy market is the interlinking of networks since it plays a fundamental role in the flexibility of supplies. The lack of network infrastructure, including maintenance of the quality of supplies (stability of networks) could hinder the integration of national markets and thus restrict security of supplies. On 20 December 2001, the Commission proposed a set of new measures relating to energy infrastructures aimed at optimising the use of existing gas and electricity infrastructures and encouraging the construction of new infrastructures of European interest. ...

"Clearly what is currently being asked as a market price does not reflect supply and demand in the proper sense," [German Chancellor Olaf Scholz] said.
Speaking earlier in Berlin, a German economy ministry spokeswoman said that the idea is to keep the principle of the "merit order" system, "but do away with the negative effects the merit order has, so that the high gas prices can no longer impact immediately and automatically on electricity prices." The aim is for customers to benefit from cheaper production prices for renewable energy, for example, spokeswoman Beate Baron said.
archived After Shock | ancient history, new realities
by Cat on Mon Aug 29th, 2022 at 05:15:38 PM EST
[ Parent ]
by Cat on Mon Aug 29th, 2022 at 05:24:50 PM EST
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euractiv | Berlin, Brussels join calls for 'fundamental reform' of EU power market
The goal of the reform is "to decouple the development of end-customer prices for electricity from the rising price of gas," the spokesperson added.
"Electricity is produced today at a price that is much lower than the price at which electricity and gas are sold. There is no longer any link between the cost of production and the selling price. This European electricity price formation system needs to be reviewed," [BE energy minister, Tinne Van der Straeten] wrote on Twitter.
France and Spain were the first to call for a radical overhaul of the current marginal pricing system for electricity, with Madrid asking for "structural solutions" at the European level to decouple gas and electricity markets. They were backed by the leaders of Italy, Portugal and Greece, who urged the EU executive to address the "contagion effect" of high gas prices on electricity markets. Yet, the German plan amounts to a rejection of a Greek proposal that was outlined in the summer, government sources told EURACTIV.
EUI | The end of the long-term contracts era: which consequences for the EU Gas Market?, 31 May 2017
Long-term contracts (LTCs) used to be the most commonly used supply agreements in the gas sector and necessary to ensure the security of supply.  Indeed, the current EU gas infrastructures often reflect the geography of existing LTCs.

But, as the EU gas market has undergone intense structural changes for the past 10 years, LTCs may no longer represent the most adequate instrument to comply with the market's new requirements. Furthermore, according to a recent study of the European Commission, Cedigaz and ENTSOG, the existing long-term commodity contracts are expected to terminate in the course of the next 20 years. ...

European Commission Moves to Ban Long-Term Natural Gas Contracts After 2049, 20 Dec 2021
by Cat on Mon Aug 29th, 2022 at 06:54:34 PM EST
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Globalisation exported manufacturing jobs ... the Corona pandemic caused Trump and Biden to shut out allies of essential goods ... Trump already introduced the reversal of globalisation ... MAGA and bring the jobs back home, "Lazy" or "Easy" Joe continued the policy and took it a bit further in foreign policy to declare Russia and China enemy states ...adding the Ukraine is America's national interest and will be defended to the last Ukrainian ... similarly the Chinese province of Taiwan is a US colony and the US will intervene to keep it out of CCP's influence.

Thanks for your excellent coverage ... much appreciated. Level headed input to undercut disinformation and the war narrative.

The EU-2827 failed miserably with the libertarian free market principle selling national energy interests to the highest bid. A curse on state ownership to advance competition, lower price and greater choice for the consumer. A poisonous mix of capitalism ... in December the Ukraine and Russia were near a long-term natural gas deal. Uncle Joe had something else on his feeble mind ...

'Sapere aude'

by Oui (Oui) on Mon Aug 29th, 2022 at 08:04:33 PM EST
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'Sapere aude'
by Oui (Oui) on Tue Aug 30th, 2022 at 03:49:41 AM EST
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Today's grape vine advises, Tapei is taking pot shots at PLA drones, yanno, to free up some space for fresh inventory.
by Cat on Tue Aug 30th, 2022 at 07:45:50 PM EST
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How Europe can cut natural gas imports from Russia significantly within a year, 3 Mar 2022

origin story
The IEA was born with the 1973-1974 oil crisis OPEC embargo, when industrialised countries found they were not adequately equipped to deal with the oil embargo imposed by major producers that pushed prices to historically high levels.
The IEA's founding members were [EU:] Austria, Belgium, Canada, Denmark, Germany, Ireland, Italy, Japan, Luxembourg, The Netherlands, Norway (under a special Agreement), Spain, Sweden, Switzerland, Turkey, United Kingdom, Greece (1976), Portugal (1981), Finland (1992), France (1992), Hungary (1997), Czech Republic (2001), Slovak Republic (2007), Poland (2008), Estonia (2014), and Lithuania (2022);

[QUAD-lite:] New Zealand (1977), Australia (1979), Republic of Korea (2002), the United States;

and Mexico (2018)

Chile, Colombia, and Israel are seeking full membership.

CNBC | Husseini: The U.S. doesn't have the LNG capacity to replace Russia's exports to Europe, 29 Aug A/V interview (EN)
by Cat on Mon Aug 29th, 2022 at 10:26:20 PM EST
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