Katie Treadwell at the WWF European Policy Office says to successfully transition to a green and sustainable economy, the EU and its Member States must heed warning signs given by their constituents, such as at the Yellow Vests protest in France. They must ensure their approach to the transformation is ambitious, inclusive and facilitates a just and local transition. Just Transition policies are typically referred to in the context of coal … [Read more...]
IEA: solar’s exponential growth could make it less competitive, not more
Solar’s current growth trajectory means a doubling of annual deployment every three years. But despite further expected reductions in some cost areas (e.g. cheaper tech and economies of scale), the IEA’s new VALCOE (value-adjusted levelised costs of electricity) metric calculates that solar’s relative competitiveness per unit added will actually decline as its inherent demand-matching issues scale up with the growth. Brent Wanner, WEO Energy … [Read more...]
South East and Eastern Europe PART II: EU can help bring far-ranging benefits of a meaningful energy transition
In Part 1 of this special report, Komila Nabiyeva demonstrated how investment conditions in South East and Eastern Europe, South Caucasus and Central Asia make it almost impossible to justify development of renewables infrastructure on any great scale. That being the case, she calls on the EU to play a greater role. Their initiatives are already making a difference. This is encouraging because it shows that with more EU engagement, a more … [Read more...]
EXCLUSIVE: Geothermal could represent a far bigger share of renewables
The IEA says geothermal energy could account for only 3.5% of annual global electricity production and 3.9% of energy for heat (excluding ground source heat pumps) by 2050. But is this down to short term thinking? Geothermal could make a much bigger contribution to renewables, provided it is put onto the fast track like wind and solar, says Alexander Richter, President of the International Geothermal Association. … [Read more...]
Renewables for remote mines power supply in Africa gaining momentum
In the last few years, more and more mining companies have adopted wind and solar systems to reduce their energy costs at remote off-grid mines. In this first phase, the initial focus was on the integration capabilities as miners were afraid that adding intermittent renewables such as solar and wind could affect the reliability of power supply and even lead to production losses. In various microgrid applications, renewables combined with … [Read more...]
Cañete: CCS will play a vital role in delivering a net-zero emissions economy
Commissioner Cañete confirmed this week that natural gas and Carbon Capture and Storage (CCS) will be central to achieving a competitive and climate-neutral economy, notably in closing the circle for the energy intensive sectors for which other solutions for decarbonisation do not exist. Moreover, combined with renewable biomass, CCS could create negative emissions compensating for remaining CO2. Eurogas Secretary General, James Watson, … [Read more...]
EXCLUSIVE: Chinese government’s plan to meet the Paris goals
China is leading the energy transition as the world’s largest producer, exporter and installer of solar panels, wind turbines, batteries and electric vehicles. It has a clear lead too in renewable energy patents, ahead of the U.S. and twice that of the EU. But it is also still heavily dependent on coal, the air pollution in its cities is legendary, and the economy is expected to quadruple by 2050. Against this background, Kaare Sandholt, Chief … [Read more...]
New tool to show whether companies’ climate strategy matches their public ambitions
By now we’re used to stats that show what would happen if everyone in the world had the same carbon footprint as a European, or an American, someone in China, or indeed anywhere. According to the consultancy right. based on science, they have now created a way of modelling the same projections, except for specific companies. The model also number-crunches a company's climate strategy to work out whether they are going to help or hinder the race … [Read more...]
The compelling case for carbon capture and storage
By 2040 60% of primary energy will still come from fossil fuels, says the IEA. That means Carbon Capture and Storage (CCS) must be part of the technology mix to hold back climate change. Yet today there are only 18 CCS facilities in operation, with 25 in the pipeline. We’ll need at least 2,000 by 2040. Brad Page, CEO of the Global CCS Institute, lays out the reasons why we have no time to lose. The World Economic Forum’s meeting in Davos … [Read more...]
BIOFUEL: to burn or not to burn – Juncker’s palm oil conundrum
If you’d ask ordinary citizens, environmentalists, farmers, business leaders or scientists the answer would invariably be a resounding “of course we shouldn’t”. However, it increasingly looks as if the EU executive is about to give the green light for another decade of uncontrolled palm oil burning by Europe’s diesel fleet. Not because it’s good for the climate or because Europeans want it – 70% are against – but because the Commission is afraid … [Read more...]
Battery manufacture must take a global leap forward to ensure a sustainable and just transition
The global battery market is surging. By 2040 the global energy storage market is projected to attract $620 billion of investment. Over the past decade, the rechargeable lithium-ion battery market doubled on average every three years. To cope with this growth, we need the development of a sustainable and low-carbon value chain for batteries in order to contribute to the implementation of the 2015 Paris Climate Agreement, says Martin BrudermĂĽller, … [Read more...]
Too “low-hanging fruit” is not sweet enough (and eventually neither clean nor cheap)!
At a lunch debate organised by the European Heat Pump Association (EHPA) on “The costs of a low level of ambition in greening the heating and cooling sector” and hosted by EUFORES President MEP Jeppe Kofod on 30 January, representatives from industry, civil society, the European Commission (EC) and MEPs from several countries and political groups (Jeppe Kofod, Bendt Bendtsen, Theresa Griffin, Jo Leinen, Gesine Meissner and Paul RĂĽbig) … [Read more...]
The contribution of the Polish energy sector to the implementation of global climate policy
PKEE is the Polish Electricity Association. Poland is an active party to the UN Climate Convention. It implements commitments to reduce CO2 emissions and supports processes of global and international agreements. For the third time, Poland organizes the Conference of the Parties to the Convention – the first UNFCC Climate Summit in Poland was held in 2008 in PoznaĹ„, the second in 2013 in Warsaw. In Poland, since 1990, CO2 emissions have been … [Read more...]
End of the road for the sale of Greece’s dirty fuel of the past
Greece’s economy was once powered by lignite. Today, continuing to invest in this most polluting fuel threatens to render Greece’s energy market uncompetitive, writes Eleni Diamantopoulou and Simon Holmes. Greece is at an energy crossroads. Decisions taken by the Greek government and the European Commission in the coming weeks and months will decide whether Greece is locked into an anti-competitive lignite world until at least 2030, or whether … [Read more...]
EU ETS price contributing to gas demand
Whilst the top-level 40% 2030 emissions reduction target looks relatively safe, share from RES is definitely not. Carbon pricing, in its various forms, is working but, frankly, not in a predictable or even desirable way. A closer inspection of the market-driven EU ETS permit scheme illustrates how and why gas – especially American LNG – is going strong, putting the 32% share of final energy consumption from renewables in doubt. … [Read more...]
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