Portfolio blogger

Sunday, March 22, 2015

Donald Tusk declared victory after the first day of tbe European council, and not without reason. The perspective of agreeing to start creating an energy union was not rosy , several member states were weary to give up their independence, among them the Hungarian prime minister, who made several shady energy deals with Russia, including an obscure offshore company skimming the difference between the cost an sales price of gas supplies and a nuclear power plant (some ten years in advance of the real need of starting it, if energy needs i. 2035, the expected expiry of life of the present plant, is at all foreseeable) to be constructed exclusively by the Russians and also financed by a loan from them), but other countries were also not enthusiastic. So what about the result? Euobserver analysis is cautiously optimistic. The conclusions paint a more sober picture than the triumphantdeclarations: they reflect the limitations imposed by the self-interest of the member states jealous to save their separate ways: ..".the European Council focused on some of the aspects", "ensuring full compliance with EU law of all agreements for buying gas from external suppliers" - isn't this so without emphasising it? "confidentiality of commercially sensitive information just be guaranteed" -as if Orbán had it dictated... And finally: "assessing options for voluntary demand aggregation mechanisms" - no common buying arrangements, just assessing options; emphasising sovereignty and right of the member states twice. Some positive e!ements are no doubt a!so present: cooperation,reinforcing the legislative framework for secure supply of electricity and gas. So, the first small steps were taken. But the plans earned already criticism: this article reveals why the development of domestic energy resources and the freedom of member states to decide on their energy resources features prominently in the text: Poland is strongly dependent on coal and wants to develop shale gas. See also here So it was not just the reluctant followers who got their special deal, but also the leader.