Energy Union should shift focus from energy to climate

Maroš Šefčovič VP Energy Union visits Living Tomorrow innovation hub in Vilvoorde, Belgium (photo Europe by Satellite)

The EU is trying to improve its energy security by building more infrastructure to facilitate gas imports, but the concentration of its gas suppliers keeps increasing, write Stefan Bößner and Douglas Fraser of the Stockholm Environment Institute. According to Bößner and Fraser, it makes more sense to shift the focus of EU energy policy to creating a low-carbon energy system. That will not only help Europe meet its climate targets, but also … [Read more...]

70% of oil and gas companies have been hacked – and the threat is growing

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A survey from Siemens with the Ponemon Institute shows that most oil and gas companies were hacked last year, writes Judy Marks, CEO of Siemens USA. Data is being compromised and supplies are getting stolen, but most companies are still not taking adequate action. Marks explains how companies may protect themselves. … [Read more...]

How not to squander $130 trillion – a proposal to put carbon money in wealth funds

carbon pricing (photo The New Economy Magazine)

The proceeds from carbon pricing should be used to establish wealth funds from which current and future citizens can benefit, proposes energy and climate change economist Adam Whitmore. As all people have equal rights to the atmosphere, all should benefit from the use of this unique resource. … [Read more...]

Netherlands sees higher solar capacity, but not lower prices

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In the Netherlands 525 MW of solar power capacity was installed in 2016, bringing total solar capacity to 2 GW, which supplied 1.5% of Dutch electricity generation, according to the National Solar Trend Report 2017 (available here in Dutch), a collaboration of many private and public players in the Dutch solar sector. … [Read more...]

Toshiba in crisis – US nuclear revival ends almost before it starts

Vogtle 3 and 4 construction site (photo U.S. Nuclear Regulatory Commission)

With Toshiba in a deep crisis over a massive writedown on its troubled US nuclear subsidiary, Westinghouse Electric, the US nuclear renaissance, which started five years ago, looks to be over already. Independent energy author Dennis Wamsted explains what went wrong. … [Read more...]

Exclusive – Klaus Shäfer, CEO Uniper: “Security of supply is too important to leave to the market”

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The market on its own cannot be relied upon to deliver secure electricity and gas supplies, says Klaus Schäfer, CEO of Eon-spin-off Uniper, in an exclusive interview with Energy Post. According to Schäfer, it will become “dramatically more difficult” to balance the power market as the share of renewables increases. He also sees the gas market becoming “more and more complex” and argues policymakers should establish minimum requirements for gas … [Read more...]

Donald Trump’s China First, Russia Second, America Third foreign policy

Chinese President Xi Jinping at Davos photo World Economic Forum

By letting his foreign policy be governed by a simplistic “America First” principle, Donald Trump is achieving the exact opposite of what he intends. His way of putting America First, is enabling China and Russia to position themselves as the paramount nations on the world stage, writes energy and foreign policy specialist Michael Klare. Courtesy of Tomdispatch. … [Read more...]