Move towards deregulation comes slowly
Both in the US and Europe seek liberalised energy markets, but the California power crisis is still uppermost in many minds |
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Renewable energy
Interest in windpower is reignited
Wind energy is a more viable option than ever before, now only marginally less expensive than burning fossil fuels.
Emissions trading
Global clean-up begins at home
Despite the US not ratifying the Kyoto treaty, some national and regional trading schemes are moving ahead.
New technology
Super-cooled gas comes on stream
The ability to freeze natural gas offshore for direct delivery onshore is a cost-effective new method of supply.
Country focus
Post-Soviet decline is arrested
The country is keen to reform the mistakes of the 1990s to be the energy supplier it was when still communist.