By funding the Trans Adriatic Pipeline (TAP), the European Investment Bank (EIB) is hardly signalling to the private sector that governments are committed to a green energy transition, writes Aled Jones, Professor and Director at the Global Sustainability Institute of  Anglia Ruskin University. Article courtesy The Conversation. … [Read more...]
Study: solar and wind won’t 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...]
Cheap renewables are transforming the global electricity business
Renewables are not yet the least costly option in every market, writes Tim Buckley, Director of Energy Finance Studies Australasia at the Institute for Energy Economics and Financial Analysis (IEEFA), but the pace of change demonstrates that a tipping point toward a new energy economy is coming, and fast. Article courtesy IEEFA. … [Read more...]
EU ties itself into knots with capacity market decisions [Energy Post Weekly]
On 7 February the European Commission approved six new capacity mechanisms in the name of security of supply, insisting that they will not distort the Single Market. Two problems: one, the national decisons come as the EU tries to negotiate Europe-wide power market rules for the next decade. Two, the Commission wants those market rules to exclude coal plants from public support - when it has just authorised Poland to give state aid in the form of … [Read more...]
A step backwards – European Member states threaten to reverse progress on the Single Electricity Market
The European Council’s proposals on the internal energy market fundamentally weaken the framework that is needed to deliver an integrated market that will benefit European energy consumers, write Philip Baker and Christos Kolokathis from the global energy policy advisors Regulatory Assistance Project (RAP). They may even legalise practices that are currently – and should remain – illegal. The authors call on European policymakers to support the … [Read more...]
How renewables will change the geopolitical map of the world
The rapid growth of renewable energy will have a profound effect on geopolitics worldwide, writes energy expert Walt Patterson, a fellow at Chatham House in London. In this article, he explores the many ways in which "fire-free electricity" will transform political and economic relations. … [Read more...]
Germany to set end date for coal power in 2019
Germany’s  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 Merkel’s conservatives. … [Read more...]
Europe’s biggest fossil fuel project gets €1.5bn public loan
The European Investment Bank has approved a loan to the Southern Gas Corridor, in a move environmentalists described as a “historical mistake”, 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...]
Eon chief puts carbon tax back on the agenda [Energy Post Weekly]
As the EU institutions wrap up a climate policy framework for 2030, the CEO of one of Europe’s biggest energy companies has issued a fresh call for a carbon tax for the transport and heating sectors as well as a carbon floor price for the industry and power sectors. What is more, Johannes Teyssen, CEO of German utility Eon, says the European Commission has done all it can to push climate policy – now it’s the turn of the Member States – Germany … [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 – 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 – but a recent survey comes to a different conclusion. Article courtesy Energy Transition/Global Energiewende. … [Read more...]
Emissions reductions from carbon pricing can be big, quick and cheap
The UK carbon tax on fuel for power generation provides the most clear-cut example anywhere in the world of large scale emissions reductions from carbon pricing, writes climate change economist Adam Whitmore. These reductions have been achieved by a price that, while higher than in the EU ETS, remains moderate or low against a range of other markers, including other carbon taxes. … [Read more...]
The climate solution no one in Davos will be talking about
Economists say a global carbon tax would efficiently shift the world to safer energy production. So why is it barely mentioned, ask Ian Lefond and Timmons Roberts of Brown University? Article courtesy of Climate Home News. … [Read more...]
Time for German network operators to come clean about tariffs
Network tariffs are an important part of energy costs for consumers, yet, surprisingly, the way these fees are established in Germany is completely opaque, writes Andreas Jahn, Berlin-based Senior Associate at global energy policy advisors Regulatory Assistance Project (RAP). According to Jahn, it is unclear how network operators and the regulator calculate costs and how they are allocated to customers. He calls on the German government—and on … [Read more...]
New NASA study underscores urgency of solving the global methane problem
A new NASA study suggests methane emissions from fossil fuels may be responsible for half of the recent rise in global atmospheric methane concentrations, writes David Lyon of EDF Energy Exchange. He adds that reducing worldwide emissions of methane by the oil and gas industry would have no net cost and would have the same impact as closing all coal plants in China. … [Read more...]
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