European biomass markets are fragmented and intransparent, writes Jakub Kucera, economic analyst at RSJ, a Prague-based investment company. With one exception: Lithuania has a well-functioning biomass spot market, Baltpool. Could this become a model for other European countries? The Lithuanians would like to expand. … [Read more...]
A dangerous energy policy: Ukraine, despite war, is making itself dependent on Russian oil
When it comes to Ukrainian dependence on Russian energy, the spotlight is usually on natural gas. Here Ukraine has made unprecedented progress, writes Wojciech Konończuk, analyst at the Centre for Eastern Studies (OSW) in Warsaw. But what few observers notice, Konończuk adds, is that as a result of corruption and neglect Ukraine has let its domestic oil refining industry decay and has become critically dependent on Russian diesel and LPG … [Read more...]
Here are the results from Brussels: energy efficiency zero points
The results of the European Council’s proposals on energy efficiency are in: they will reduce the current EU energy efficiency target from 1.5% per year to less than half of that. That is, in the most optimistic scenario. In a worst-case scenario, the target could plummet to 0.04%, writes Jan Rosenow of the Regulatory Assistance Project (RAP). According to Rosenow, this will make it nearly impossible for the EU to deliver on "Paris". … [Read more...]
Trends in electricity prices in Europe: expect more volatility
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...]
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