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Energy in the Mediterranean Region What are the challenges and how do we address them

Energy in the Mediterranean Region What are the challenges and how do we address them Prof. Brenda Shaffer. Regional Electricity Production by Fuel. The Mediterranean is one of the only areas in the world still producing most its electricity from oil. 2011 data – World Bank Indicators.

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Energy in the Mediterranean Region What are the challenges and how do we address them

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  1. Energy in the Mediterranean Region What are the challenges and how do we address them Prof. Brenda Shaffer

  2. Regional Electricity Production by Fuel • The Mediterranean is one of the only areas in the world still producing most its electricity from oil • 2011 data – World Bank Indicators

  3. Regional Water Shortage • A challenge to agriculture and a source for conflict • Global Water Stress Index - The Guardian (2011 data)

  4. Mediterranean should not be just a gas exporting region, but a gas consuming region

  5. Natural Gas • Greater use of natural gas is key for the region • More affordable, less pollution, lower emissions, eliminate water conflicts, commercial opportunity

  6. The Politics of Gas Oil trade is like dating

  7. The Politics of Gas Natural gas trade is marriage

  8. The Politics of Gas • Gas trade does not equal interdependency • Dependency can be one sided, or not at all • Interdependency does not always insure change in behavior or more security • Source: The Independent

  9. How to Address the Challenges? • Security of supply is not just political • fuel switch capacity, ample storage and redundancy

  10. What Natural Gas Can Do for the Region • There is no precedent for “peace pipelines” • Gas trade won’t solve border issues, refugees, or security concerns • However… • Can eradicate water conflicts • Provide reliable electricity as precondition for peace • Reduce pollution

  11. The Southern Gas Corridor A source of positive cooperation between EU institutions and the private market

  12. The New EU Energy Security A bold move in a positive direction

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