Coal accounts for about a quarter of energy produced in Romania, which is a net electricity exporter. Compared to countries like Poland where coal dependency is much higher, discussions about a coal phaseout could be more advanced. Why aren’t they? asks Claudia Ciobanu. Article courtesy of Just Transition. … [Read more...]
The carbon floor price – a hammer in need of a toolbox
Carbon pricing is often regarded as the Holy Grail of climate policy. But according to Richard Cowart, Principal at the Regulatory Assistance Project (RAP), carbon prices cannot be a stand-alone solution. They have limited reach and – especially in electricity -- can be expensive for consumers. Nor are high carbon floor prices a magical solution: they don’t reduce the surplus of allowances and may not even reduce emissions. According to Cowart, … [Read more...]
The Electric Power Struggle
The world is undergoing a dramatic electricity transition, and the global struggle for power over this transformed electric system is set to profoundly shape our future, argues Walt Patterson, Associate Fellow in the Energy, Environment and Resource Department of Chatham House in London. According to Patterson, politics, not economics, will determine the outcome of this struggle. Article courtesy Hoffmann Centre for Sustainable Resource Economy. … [Read more...]
Energy Community sets stage for clean energy transition in South-East Europe
While the European Union has been busy with the new Clean Energy Package and discussing full decarbonisation by 2050, some important developments are also taking place in its closest neighborhood - in South-East Europe, where the Energy Community Treaty operates. Journalist and energy expert Oleg Savitsky attended the Energy Community Sustainability Forum in June and explains how policymakers are trying to transform the energy markets of the … [Read more...]
How rapidly can we transition to 100% renewable electricity?
Science tells us that, to avoid devastating climate change, we must rapidly cut greenhouse gas emissions to zero. How fast is possible, asks Mark Diesendorf of the Cooperative Research Centre for Low Carbon at the University of New South Wales (UNSW) in Australia. He believes the sceptics may be wrong. … [Read more...]
Blockchain technology – a threat to distribution network operators?
Network operators should get involved soon in blockchain technology. If they miss the digital revolution, it will threaten their business model in the longer term and they could end up becoming pure network asset owners without operational responsibilities, writes Marius Buchmann of Jacobs University. Courtesy of Buchmann’s blog Enerquire. … [Read more...]
Trying to make sense of the RWE/EON utility deal…
There is economic and financial market rationale behind the recent deal between E.ON. and RWE, writes financial energy specialist Gerard Reid. From a strategic perspective, however, the decision will impact customers negatively, and will be bad for the long-term sustainability of both companies, Reid argues. Courtesy Energy and Carbon blog. … [Read more...]
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