Energy

228 Items

President Putin takes part in the official ceremony for pouring the first concrete into the foundation of power unit #4 at Egypt's El-Dabaa Nuclear Power Plant via videoconference with President of Egypt Abdel Fattah el-Sisi at the Kremlin on Jan. 23, 2024.

(Gavriil Grigorov, Sputnik, Kremlin Pool Photo via AP)

Magazine Article - MEES

Egypt’s Nuclear Megaproject Faces Uncertainty As Russian Funding Squeezed

    Author:
  • Nada Ramadan Ahmed
| Jan. 19, 2024

In an interview with Nada Ramadan Ahmed, North Africa Analyst with MEES magazine, she quotes Marina Lorenzini on the topic of the El Dabaa Nuclear Power Plant in Egypt: "Putin has used the Russian nuclear energy industry, through Rosatom, as a strategic export to build deep dependencies with geopolitically significant countries, such as Bangladesh, Egypt, and Turkey. So, even as times get tough in Moscow, Rosatom's foreign projects may not receive an immediate axe."

Other companies cannot necessarily replace Rosatom if needed, leaving Cairo "in a bind to negotiate with Moscow on a point-by-point basis on how to purchase and integrate new equipment. Moscow will likely not welcome such a move, and Cairo may not have a strong enough bargaining position, especially if it's not paying its bills on time, in order to introduce non-Russian supplies on site."

Russian President Vladimir Putin, right, and Egypt's President Abdel Fattah el-Sisi walk during their meeting in the Black Sea resort of Sochi, Russia, Wednesday, Oct. 23, 2019.

(Sergei Fadeyechev, TASS News Agency Pool Photo via AP)

Analysis & Opinions - Bulletin of the Atomic Scientists

Why Egypt’s New Nuclear Plant is a Long-term Win for Russia

| Dec. 20, 2023

With 22 countries pledging to triple global nuclear energy production by 2050 at the COP28 climate meeting in Dubai, sincere prospects for growth in global nuclear energy market is on the table. Nonetheless, these 22 countries largely represent ones that have minimal ties with Russia’s nuclear exports or are seeking to decouple themselves from a current dependency. 

Many other countries are considering the option of nuclear energy, and several will turn to Russia’s state-owned nuclear energy company, Rosatom, to build their new reactors. Since assuming power, Russian President Vladimir Putin has developed Russia’s nuclear industry exports as a key piece of its energy and geopolitical portfolio. 

One country in particular has embraced a partnership with Rosatom: Egypt. In 2015, Russia and Egypt concluded an intergovernmental agreement that led Rosatom to build a $30-billion nuclear power plant near the Mediterranean coastal town of El Dabaa, about 170 kilometers west of Alexandria. With four Russian-designed, 1.2-gigawatt, VVER reactor units, the El Dabaa nuclear power plant is expected to generate more than 10 percent of total electricity production in Egypt and provide a consistent baseload power source for 20 million people.

From left, British Prime Minister Rishi Sunak, European Commission President Ursula von der Leyen, Canadian Prime Minister Justin Trudeau, U.S. President Joe Biden, Japan's Prime Minister Fumio Kishida, Italian Premier Giorgia Meloni, European Council President Charles Michel, French President Emmanuel Macron and German Chancellor Olaf Scholz walk to get into place to participate in a wreath laying ceremony at the Peace Memorial Park as part of the G7 Hiroshima Summit in Hiroshima, May 19, 2023.

(Kenny Holston/Pool Photo via AP)

Analysis & Opinions - Barron's

Climate Policies Are Becoming a Casualty of High Oil Prices

| Oct. 18, 2023

Oil prices have been persistently high over the past two years , at times breaking above $120 a barrel. According to economic theory, that should be good news for climate change. But the political reality is more complicated. Climate policies are increasingly the casualties of high oil prices.

Aerial view of the Noor 3 solar power station which is nearing completion, near Ouarzazate, southern Morocco, Saturday, April. 1, 2017. The king unveiled one of the world's biggest solar plants, taking advantage of the Sahara sunshine and a growing global push for renewable energy.

(AP Photo/Abdeljalil Bounhar)

Analysis & Opinions - International Monetary Fund

North Africa's Hydrogen Mirage

| September 2023

Amid the global energy transition, investors are anxious to pour billions of dollars into many of these countries to turn the new fossil fuel finds into hydrogen. The element is the key feedstock for fuel cells, which use chemical reactions to generate electricity cleanly, with water as the main byproduct. Notwithstanding the considerable technological challenges ahead, demand for the gas in Europe and elsewhere is widely expected to surge as vehicles, factories, and other energy users seek to reduce greenhouse gas emissions.

For Southern Rim nations, however, this tantalizing opportunity for economic development risks turning into just another Sahara mirage. That’s because the hype surrounding hydrogen may continue to distract the regions’ leaders from addressing the tough domestic social issues that are behind the migration crisis. If the technology does become viable, revenue from hydrogen exports to Europe could just perpetuate rent-seeking behavior by political and economic elites at the expense of their own citizens.

A worker in the foreground adjusts some large straps as he looks up. In the background there is a flat horizon scattered with wind turbines against a blue sky.

AP Photo/Andy Wong

Analysis & Opinions - Financial Times

Climate Action in an Era of Great Power Competition

| July 18, 2023

At the foot of the Eqi Glacier in Greenland in June, I watched ice formed thousands of years ago drop into the warming ocean. With this vivid depiction of climate change in my mind, I was disappointed that neither of the conferences held last month to prepare for the UN’s upcoming COP28 summit had produced any real breakthroughs.

However, while the need for climate action is rising, the stakes for COP, perhaps counter-intuitively, look to be diminishing. An underwhelming COP28 would be a missed opportunity but it may not be a tragedy. Twenty or even 10 years ago, it was reasonable to hope a co-operative approach could address climate. But it is no longer a realistic expectation — nor the most promising route for progress.

Analysis & Opinions - Hoover Institution Press

China Brokers Diplomacy Between Iran and Saudi Arabia: Implications for the US Role in the Middle East

| Mar. 23, 2023

For over a decade, American officials have been touting the wisdom of a strategic “pivot” away from the Middle East in order to face the threat of a rising China. During that same period, Beijing has identified the Middle East as a primary arena for great power competition with the United States. 

People inspect the wreckage of buildings that were damaged by Saudi-led coalition airstrikes, in Sanaa, Yemen, Tuesday, Jan. 18, 2022.

AP Photo/Hani Mohammed

Analysis & Opinions - Belfer Center for Science and International Affairs, Harvard Kennedy School

Significance of the Iran-Saudi Arabia Agreement Brokered by China

Belfer Center experts on the U.S.-China relationship and Middle East issues shared thoughts on the significance of the unexpected Iran-Saudi Arabia agreement brokered by China. 

Book - Rowman & Littlefield Publishers, Inc.

Hand-Off: The Foreign Policy George W. Bush Passed to Barack Obama

| Feb. 15, 2023

Hand-Off details the Bush administration’s national security and foreign policy as described at the time in then-classified Transition Memoranda prepared by the National Security Council experts who advised President Bush. Thirty of these Transition Memoranda, newly declassified and here made public for the first time, provide a detailed, comprehensive, and first-hand look at the foreign policy the Bush administration turned over to President Obama.

Photo of test engineer Jacob Wilcox pulling his arm out of a glove box used for processing sodium at TerraPower, a company developing and building small nuclear reactors on Jan.

AP Photo/Elaine Thompson, File

Analysis & Opinions - Foreign Policy

By Not Acting on Climate, Congress Endangers U.S. National Security

| July 21, 2022

Last week, U.S. Sen. Joe Manchin seemingly dashed Democrats’ hopes for congressional action to slow climate change. Sen. Bernie Sanders accused Manchin of “sabotag[ing] the president’s agenda”; Rep. John Yarmuth, when asked about the consequences of Congress not acting on climate change, said, “We’re all going to die”; and climate activists, as well as some Democrats in Congress, wondered if Manchin should be removed as chair of the Senate Energy and Natural Resources Committee.