Global shipping must at least halve its emissions by 2050, according to an international deal adopted on Friday. Reaching an agreement on how to achieve this goal will be difficult as countries already challenge many proposed measures, writes Sara Stefanini of Climate Home News. Article courtesy Climate Home News. … [Read more...]
India slashes plans for new nuclear reactors by two-thirds
India has decided to cut its planned nuclear power plant construction by two-thirds. This will further expand the countryâs use of coal for electrical power generation, writes Dan Yurman, nuclear energy specialist and author of the Neutron Bytes blog. … [Read more...]
Shellâs 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 Honeâs Shell Climate Change blog. … [Read more...]
Can the U.S. break Russiaâs gas monopoly In Europe?
The U.S. government has said it considers "sending energy supplies" to Eastern Europe to contain Russian influence. But challenging Russiaâs dominance in European gas markets won't be easy, writes Tim Daiss of Oilprice.com. Russia already supplies nearly 40 percent of the continentâs gas, and its position may further be secured when the Nord Stream 2 gas pipeline is completed. … [Read more...]
EU leaders order long-term climate strategy by early 2019
EU leaders have directed the European Commission to produce an update of its long-term climate strategy âby the first quarter of 2019â, writes Megan Darby, deputy editor of Climate Home News. Climate campaigners welcome the move, saying it sends an important political signal. Article courtesy Climate Home News. … [Read more...]
Industry 2030: how the EU plans to industrialise clean tech [Energy Post Weekly]
New and old industries in Europe are fighting for political - and financial - favour as Brussels sits down to work out a new industrial policy strategy for 2030. At the EUâs annual âIndustry Daysâ last week, three CEOs from the world of clean tech set out their ambitious plans for battery âgigafactoriesâ, renewables representatives called for an EU industrial policy for their sector, and Brussels hinted at trade measures to protect Europeâs … [Read more...]
BP: oil and gas resilient to âfaster transitionâ â until 2040
Whatever happens â oil and gas will be needed in 2040 in at least the same quantities as today. That was a key message conveyed by BPâs 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 Daleâs findings and wonders: what about Beyond 2040? … [Read more...]
Study: solar and wind wonât break the grid
A new report by the Institute for Energy Economics and Financial Analysis (IEEFA) shows that major power systems are able to cope quite well with increasing shares of intermittent renewables, if the right measures are taken. The study says that increased generation of these renewables does not make the grid less reliable or compromise security of supply. … [Read more...]
Germany to set end date for coal power in 2019
Germanyâs  coalition partners have concluded a treaty that may set a final deadline for coal-fired power production in Germany, Clean Energy Wire reports. A commission will decide the timeline for phasing out coal, under a coalition deal agreed between the social democrats and Angela Merkelâs conservatives. … [Read more...]
Europeâs biggest fossil fuel project gets âŹ1.5bn public loan
The European Investment Bank has approved a loan to the Southern Gas Corridor, in a move environmentalists described as a âhistorical mistakeâ, writes Karl Mathiesen of Climate Home News. The move brings the total public backing for Europe's biggest fossil fuel project to $3.5 billion. Courtesy Climate Home News. … [Read more...]
New German government adopts coal phase-out in all but name
The coalition accord between Angela Merkel and Martin Schulz includes an increase in the renewables target in the electricity mix from 50% to 65% by 2030. Jon Berntsen and Anders Nordeng of Thomson Reuters Point Carbon have analysed how this will impact the German energy sector and conclude that it is a coal phaseout policy in all but name. … [Read more...]
Rapid wind and solar cost declines keep pushing fossil fuels out. How far can they go?
Rapid cost declines made renewable energy the United Statesâ cheapest available source of new electricity, without subsidies, in 2017, writes Silvio Marcacci of think tank Energy Innovation. In many parts of the U.S., building new wind is cheaper than running existing coal, while nuclear and natural gas arenât far behind, notes Marcacci. As renewable energy costs continue their relentless decline, they keep pushing fossil fuels further from … [Read more...]
Nuclear power in crisis: we are entering the Era of Nuclear Decommissioning
Nuclear power is in crisis â as even the most strident nuclear enthusiasts acknowledge â and it is likely that a new era is fast emerging, writes Jim Green, editor of the Nuclear Monitor newsletter. After a growth spurt from the 1960s to the '90s, then 20 years of stagnation, the Era of Nuclear Decommissioning is upon us. Article courtesy Nuclear Monitor. … [Read more...]
French people support energy transition (more than nuclear power)
France is at a crossroads, writes Jules Hebert, program coordinator at the Heinrich Böll Foundation office in Paris. It can pursue a renewed nuclear model â or follow the German example and invest massively in renewable energy. It is often said that the French people support the nuclear path, notes Hebert â but a recent survey comes to a different conclusion. Article courtesy Energy Transition/Global Energiewende. … [Read more...]
Spainâs energy regulator rejects government plan to prop up coal
Spainâs energy regulator has rejected an attempt by the government to prop up the nationâs oldest and most polluting coal power plants, stating that Spainâs massive overcapacity means it can safely close a âsignificant part of the existing coal fleetâ without undermining security of supply, write Gerard Wynn of IEEFA (Institute for Energy Economics and Financial Analysis), Paolo Coghe of Paris-based indepdent consultancy Acousmatics, and Carlota … [Read more...]
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