Gas industry advocates argue that expansion of gas infrastructure is justified because it will be possible to switch to low-carbon gases such as hydrogen and biomethane in future. But research by the International Council on Clean Transportation (ICCT) predicts that biomethane production will remain modest, even with massive subsidies. … [Read more...]
$100 oil is a distinct possibility
It wasn't long ago that blistering U.S. shale growth was thought to have given rise to lower oil prices for the foreseeable future. But there are signs this could soon change, Nick Cunningham writes. Various factors are set to result in the potential disappearance of 2 million barrels of oil a day in the fourth quarter of this year, driving prices up into the three-figure range. Courtesy of Oilprice.com. … [Read more...]
DNV GL’s Energy Transition Outlook shows massive shift of investment from oil and gas into power lines
The global energy transition will lead to a massive expansion of power lines at all voltage levels as well as a steep growth in the number of transformers and substations in the electricity system. This is one of the major new findings of the second edition of the Energy Transition Outlook, the annual flagship publication of global technical consultancy DNV GL. As a result, grid costs will triple, yet this cost explosion is offset by cost … [Read more...]
Interview Ditlev Engel, CEO DNV GL Energy: “We have to rethink the mechanisms of the electricity market”
DNV GL’s new 2018 Energy Transition Outlook projects a massive investment shift from fossil fuels to renewables and grids – and this is based mainly on cost considerations. Yet,  notes Ditlev Engel, CEO of DNV GL Energy, in an interview with Energy Post, this won’t be enough to meet the goals of the Paris Climate Agreement. He says policymakers will have to take additional actions. “Doing just a little more won’t be enough.” (See here for main … [Read more...]
European utilities have increased their activity in energy cloud platforms
The energy industry is experiencing a profound transformation as the sector moves towards a more intelligent, more distributed, and cleaner use of electricity, referred to as the Energy Cloud. According to digital innovation expert Alex Metz of Navigant, European utilities are increasingly recognising the value of integrated distributed energy resources (DER) and the potential of the Energy Cloud. In this article he looks at the activities of … [Read more...]
Exclusive – top energy influencer Jan Vrins, Navigant: “Europe not looking enough behind-the-meter”
Europe is focused too much on expanding renewable energy generation, and is threatening to miss out on the huge opportunities in the energy market that are emerging behind-the-meter, says top influencer Jan Vrins, Managing Director at the U.S.-based global consultancy Navigant, in an exclusive interview with Energy Post. According to Vrins, who is leading a practice of 600 energy experts, North America is forging ahead of Europe. “We are seeing a … [Read more...]
The Electric Power Struggle
The world is undergoing a dramatic electricity transition, and the global struggle for power over this transformed electric system is set to profoundly shape our future, argues Walt Patterson, Associate Fellow in the Energy, Environment and Resource Department of Chatham House in London. According to Patterson, politics, not economics, will determine the outcome of this struggle. Article courtesy Hoffmann Centre for Sustainable Resource Economy. … [Read more...]
Decarbonising heavy industry can’t be done without large-scale CCS effort
The decarbonisation will require a profound transformation, writes David Hone, Chief Climate Change Advisor at Shell. Shell’s Sky climate scenario shows it can't be done without large-scale carbon capture and storage (CCS). A new initiative should boost progress on CCS. … [Read more...]
How Shell’s new Sky scenario achieves net zero emissions
In Shell's recently published Sky climate scenario, the energy system reaches net zero emissions by 2070 using several technologies that are at an early stage. David Hone, Chief Climate Change Advisor at Shell, explains how this would work and why Shell regards this scenario as plausible. Courtesy David Hone’s Shell Climate Change blog … [Read more...]
Shell’s new SKY scenario shows how to meet the goals of the Paris agreement
Shell has launched a new scenario that illustrates a "technically possible but challenging pathway" for society to meet the goals of the Paris Agreement on climate change. The Sky outlook sees a rapid energy transition taking place over 50 years reaching net-zero emissions in the energy system by 2070. Courtesy David Hone’s Shell Climate Change blog. … [Read more...]
Why it’s possible to be (a little bit) optimistic about climate change (Energy Post Weekly)
Are we headed for a climate cataclysm? Do we need a World War Two effort to stave off disaster? "Ecomodernist" Will Boisvert explains why the effects of climate change won't be as bad as most people think. Karel Beckman has the story. (This article is published in full on our premium website Energy Post Weekly in Karel Beckman's weekly Energy Watch.) … [Read more...]
IEA predicts nightmare scenario for OPEC
Global oil demand will see robust growth in the next few years, much of which will be covered by the U.S., according to a new report by the International Energy Agency (IEA). Demand for OPEC oil will decline as it will be edged out of the market by non-OPEC supply, the IEA predicts.  Article courtesy Oilprice.com. … [Read more...]
BP: oil and gas resilient to “faster transition” – until 2040
Whatever happens – oil and gas will be needed in 2040 in at least the same quantities as today. That was a key message conveyed by BP’s Chief Economist Spencer Dale on Tuesday when he presented the 2018 edition of the BP Energy Outlook in London. Energy Post editor-in-chief Karel Beckman discusses Dale’s findings and wonders: what about Beyond 2040? … [Read more...]
Empowering the powerless: here is how we can end energy poverty
Millions of people die prematurely of indoor pollution and other consequences of energy poverty. Centralized power systems have failed them, writes Jatin Nathwani of the University of Waterloo. But there is a way to empower the powerless: with microgrids and decentralized technologies. Courtesy The Conversation. … [Read more...]
Roadmap to nowhere: the myth of powering the nation 100% with renewable energy
Renewables have captured the public’s imagination,but can they actually be scaled up to power the entire nation, ask Mike Conley and Tim Maloney? In their new ebook, available at RoadmapToNowhere.com, they present their reasons why they are convinced 100% renewables is a myth - and why we should rely primarily on nuclear power. … [Read more...]
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