Electricity prices in Europe will become volatile, variable renewable energy will grow but will still be supplemented significantly by conventional power plants. These are of some of the main outcomes of the power price scenario EU Energy Outlook 2050, released by Energy Brainpool. One of the major question marks for the power sector will be the development of e-mobility, write Carlos Perez-Linkenheil and Simon Göß. … [Read more...]
Legal challenge to Spain’s capacity market payments well-founded
Two Spanish NGO’s have started a court case against Spain’s capacity market scheme, which they say unnecessarily subsidizes operators of large power plants for billions of euros. Gerard Wynn, independent energy consultant, explains why their arguments are well-founded. According to Wynn, Spain’s capacity mechanism violates EU rules and should be scrapped as soon as possible. This article was first published on the blog of the Institute for Energy … [Read more...]
Europe’s growth rate in offshore wind must triple to get Paris goals into reach
To support the Paris Agreement’s goal of limiting temperature increase to 1.5°C, Europe will need a CO2-neutral electricity supply by 2045. A target we cannot meet unless we ramp up Europe’s offshore wind capacity, says Michiel Müller from consultancy Ecofys, a Navigant company. The company’s energy experts calculated that the current offshore wind installation rate would have to triple to get this goal within reach. They argue that an integrated … [Read more...]
Interview bio-energy expert André Faaij: “So much nonsense has been told – high time for the real story”
“An enormous amount of nonsense” has been told about bio-energy, says André Faaij, scientific director of Energy Academy Europe and professor Energy Systems Analysis at the University of Groningen in the Netherlands. According to Faaij, it is high time for the real – scientifically validated – story. “The bio-based economy is indispensable for our climate policy and can mean huge progress for agriculture and nature in developing countries”. … [Read more...]
EU’s Mediterranean neighbours struggle with energy transition
Taking a cue from the EU, members of the Arab League have adopted renewable energy and energy efficiency plans and targets. But they lack incentives and a stable policy framework to drive growth. “There are local initiatives, but no process to underpin an energy transition”. … [Read more...]
Interview David Hone, Chief Climate Change Advisor Shell: “Net zero emissions are achievable. The timing is challenging”
EU climate and energy policy is “reasonably effective”, but it could achieve more for the climate if it focused purely on reducing CO2-emissions, says David Hone, Chief Climate Change Advisor at Shell, in an interview with Energy Post. “There are too many goals and too many targets.” Hone also argues that first generation biofuels are needed to make advanced biofuels work and that a “new approach” towards CCS is urgently needed. Globally, Hone … [Read more...]
Brussels should stick with its proposal to remove barriers to demand response schemes: the U.S. is doing the same
Energy suppliers are lobbying against a proposal from the European Commission to remove barriers to demand response schemes, writes Philip Baker, Senior Adviser at the Regulatory Assistance Project, an independent consultancy. According to Baker, the Commission should stick with its proposal. Demand response, he argues, will bring great savings to energy consumers. What is more, the Federal Energy Regulatory Commission (FERC) in the United States … [Read more...]
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