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Germany's legislation on oil security
…1975 Energy Security of Supply Act (ESSA), second, the more specific 2012 Petroleum Stockholding Act (PSA) and third the Mineral Oil Data Act (Datenverfügbarkeiten durch das Mineralöldatengesetz). The ESSA provides for a general legal framework aimed at the protection of Germany’s electricity supply (including but not limited to oil supply). The PSA implements the European Union’s Directive 2009/119/EC and lays out a specific legal framework concerning the protection of Germany’s energy supply by stockholding oil and other petroleum products. The Mineral Oil Data Act provides the legal basis for the collection of mineral oil data…
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Oil and Gas Emergency Policy: Germany 2012 update
…Since 1998, the German oil stockholding agency (EBV) has been solely responsible for meeting Germany's 90-day stockholding obligation. The Oil Stockholding Act stipulates that the EBV shall constantly maintain stocks of oil and petroleum products at a level equivalent to or above 90 days of net imports. There is no minimum stockholding obligation on industry, so industry held commercial stocks are held in addition to the EBV stocks.There are several legal tools available to German authorities for natural gas emergency response. There are no compulsory natural gas storage requirements in Germany, and no state-owned storage facilities…
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Energy Policies of IEA Countries: Germany 2007
…climate and environmental targets and is bringing energy, efficiency and environment to the top of the world agenda with its presidencies of both the G8 and European Union. The IEA praises these efforts. Nevertheless, work remains to be done to further improve German energy policies and markets. The planned phase-out of nuclear power over the coming years would have major impacts on the country’s energy mix, raising concerns about energy security, economic efficiency and environmental sustainability for the country and for Europe as a whole. Furthermore, though progress has been made, more needs to be done to set…
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Energy Policies of IEA Countries: Germany 2013 Review
Since the 2007 IEA review of Germany’s energy policies, the country has taken two fundamental policy decisions that will guide its energy policy in coming decades: the federal government adopted the Energy Concept, a comprehensive new strategy for a long-term integrated energy pathway to 2050; and, following the Fukushima Daiichi nuclear accident in March 2011, Germany decided to accelerate the phase-out of nuclear power by 2022 starting with the immediate closure of the eight oldest plants. This decision resulted in the adoption of a suite of new policy measures and determined renewable energy as the cornerstone of…
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Energy Policies of IEA Countries: Germany 2002
Energy Policy Review Energy Policies of IEA Countries: Germany 2002 The International Energy Agency's 2002 review of Germany's energy policies and programmes. This edition finds that Germany is pursuing several ambitious objectives in its energy policy, notably cutting greenhouse gas emissions and fully liberalising the electricity and gas markets, while phasing out nuclear power.
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Germany 2025
…this context, the International Energy Agency (IEA) conducts Energy Policy Reviews to support governments in developing more impactful energy and climate policies.This Energy Policy Review was prepared in partnership between the Government of Germany and the IEA. It draws on the IEA's extensive knowledge and the inputs of expert peers from IEA Member countries to assess Germany’s most pressing energy sector challenges and provide recommendations on how to address them, backed by international best practices. The report also highlights areas where Germany’s leadership can serve as an example in promoting secure clean energy transitions. It also…
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Oil and Gas Emergency Policy: Italy 2010 update
Oil and Gas Emergency Policy: Italy 2010 update In 2007, the IEA published Oil Supply Security: Emergency Response of IEA Countries 2007. This report provided an overview of the IEA oil emergency response system and a detailed look at the specific systems in each IEA country for responding to an oil supply crisis. The report represented the findings of a five-year review cycle of the emergency response mechanisms in IEA member countries. Since the 2007 publication, the IEA has started a new cycle of reviews which now includes reviewing gas emergency policies. Rather than waiting for the completion of…
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Italy's legislation on oil security
Introduction Italy’s oil supply emergency regime is primarily governed by the provisions of the 2012 Legislative Decree on Minimum Stocks of Crude Oil (249/2012) (DMS) which implements EU Directive 2009/119/EC. Relevant domestic legislation Related domestic legislation Relevant European Union legislation Other related links Circumstances triggering the operation of the national emergency response system The provisions of the DMS are triggered by a major supply disruption (article 20(1) DMS). A major supply disruption exists when there is a ‘substantial and sudden drop’ in the ‘supply of crude oil or petroleum products to the European Union (EU…
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Oil Market Report - December 2017
…losing almost $1/bbl. Highlights Our forecast for global demand growth remains unchanged at 1.5 mb/d in 2017 (or 1.6%) and 1.3 mb/d in 2018 (or 1.3%). Revisions have been made to data for Nigeria, Germany and Iraq. The baseline for oil demand has been raised by roughly 0.2 mb/d.Global oil supply rose 0.2 mb/d in November to 97.8 mb/d, the highest in a year, on the back of rising US production. Output was nonetheless down 1.1 mb/d on a year ago when Russia and Middle East OPEC producers pumped at…
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Energy Policies of IEA Countries: Italy 2003
…are now operational. Italy ratified the Kyoto Protocol in June 2002 and launched a national strategy to mitigate climate change in December 2002.
But Italy also faces some challenges. High reliance on imported oil and gas raises concerns about security of supply. Energy diversification is restricted since there are few options available apart from natural gas, given the limitations of renewable energy as a source of supply. Timely investments in energy production, transportation and interconnection are crucial for security of supply, but they often meet strong local resistance under the devolution of powers to local authorities. In spite of the…