January 2020 marked the first time the Canadian government has targeted methane emissions from the oil and gas sector. They’ve committed to reduce oil and gas methane emissions by 40% to 45% below 2012 levels by 2025. Reducing methane emissions is considered one of the most cost-effective ways to cut global emissions. Methane equates to around 5.4% of the country’s total emissions of 716 Mt CO2-eq. The IEA estimates global methane emissions from … [Read more...]
Even cycling Coal is losing money. Only “summer” coal makes sense in Texas, Louisiana
Joseph Daniel at the Union of Concerned Scientists says a detailed look at the U.S. data shows the days of coal plants being the baseload kings are numbered. The declining costs of wind, solar and gas are making coal look expensive. What’s more, increasing energy efficiency is flattening peak demand (and therefore prices), squeezing those periods when coal could rely on finding customers. That means coal plant owners that say they deserve support … [Read more...]
60 years on, OPEC should take control again, cut supply, raise prices to fund its Transition
OPEC is often seen as no friend of the Transition. But Greg Muttitt points out that, although it did take an anti-climate stance in the 1990s, by the 2000s it had stepped back from climate negotiations, while some OPEC members became supporters. Muttitt says that, celebrating its 60th anniversary, it’s time for OPEC to remember its roots and organise its members to take control of their own destiny in the face of the inevitable rise of clean … [Read more...]
Germany must put CCS back on the table, says Merkel
Carbon Capture has not been popular in Germany. The public are largely opposed, political parties are split, and Federal States are not approving new projects. Germany has only four operations, and only one has injected anything (not much) into the ground. Now Chancellor Merkel wants it back on the table, along with a public debate. Julian Wettengel at Clean Energy Wire runs through the reasons for the opposition (an excuse to keep coal plants … [Read more...]
UK to phase out petrol, diesel, hybrid car sales by 2035. Here’s how
This month the UK government promised to accelerate the phase-out of fossil-fuelled cars. From 2035 all new diesel and petrol car sales (including hybrids) are banned. Promises are one thing, realistic policies, plans and investment is another. Last year only 1.6% of new passenger vehicles sold were EVs and that has to rise to 100% in 15 years. Ashley Fly at Loughborough University sets out what needs to be done. First, skills and training; much … [Read more...]
Norway’s “Northern Lights” project: creating the CCS business model
Northern Lights, a carbon capture and storage (CCS) project backed by the Norwegian government, is drilling test wells in the North Sea to find suitable places to store CO2. Project partners include Shell and Total, and others are joining them. CO2 will be shipped to an onshore terminal from which it is piped to the subsea wells. Once established, the plan is for other European countries to send their CO2 too. The project will also create the … [Read more...]
Defining green investments, ending greenwash: the EU’s new Taxonomy Regulation
When the EU Commission’s new Taxonomy Regulation is approved, expected in March, it will provide the legal framework to define what is a truly ‘green’ investment. As Luca Bonaccorsi at Transport & Environment explains, right now asset managers and national authorities are free to define what is green, allowing some to greenwash investments in things like oil and pesticides. The Taxonomy's purpose is to reduce ambiguity and therefore increase … [Read more...]
Tech-Neutral Auctions for Renewable Energy: are poorly defined rules creating loopholes?
The EC’s Environmental and Energy State Aid Guidelines 2014-2020 (EEAG) require Member States to implement technology-neutral auctions as part of their renewable energy support schemes. However, the reality looks quite different, write Bastian Lotz and Silvana Tiedemann from Navigant (a Guidehouse company), Lars Jerrentrup of Aurora Energy Research, and Lion Hirth from Neon. Most Member States continue to use technology-specific auctions, using … [Read more...]
200 – 400 Nuclear reactors to be decommissioned by 2040
Denis Iurchak has taken a close look at nuclear decommissioning. Globally, 447 nuclear reactors are in operation as of January 2020. Of those, nearly 70% are older than 30 years (25% are older than 40 years). The IEA says around 200 commercial reactors are to be shut down in the next two decades. On top of that, 182 reactors are already in permanent shutdown. This means that between 200 and 400 reactors are likely to be decommissioned by 2040, … [Read more...]
100% renewables by 2050: a technology, market, system, business model toolset for your nation
A growing number of countries are announcing increasingly ambitious renewable energy targets. But how do you deliver the results? IRENA’s Elena Ocenic explains that they have developed a toolset for countries to plot their unique pathway to success. Those tools range widely across technology, market design and regulation, system operation practices, and business models. The article lists the tools, and runs through some notable successes. Ocenic … [Read more...]
Gas Switching Reforming: making Hydrogen to balance variable Wind, Solar
What is the best technology to balance the variable output of wind and solar? When there is little wind and sun the plant must produce power to compensate. When there’s too much wind and sun it must utilise that excess power. In other words, given the high capital cost of the new balancing technology it must do both profitably enough to cover the time sitting idle. A paper co-authored by Schalk Cloete looks at Gas Switching Reforming (GSR). The … [Read more...]
The cost of climate inaction: putting a $ price on 4.5°C warming
Oriana Tannenbaum and Rushad Nanavatty at Rocky Mountain Institute (RMI) have gathered data that puts a price on not making the necessary investments in tackling climate change. For the U.S., a 4.5°C warming scenario (by 2050) will cost $5.2tn. At a more drastic 6°C the cost is $17tn. These projections are hard to do when treating the climate as an “infrastructure asset”, though proven methodologies do exist for tradition assets, and the authors … [Read more...]
The EU can support Central and East Europe’s transition
Six Central and East European nations, heavily dependent on coal, have been very cautious about the pace of the EU’s transition. For them - Bulgaria, Czechia, Hungary, Poland, Romania and Slovakia - the political and economic disruption looks far harder to bear. E3G has just released a report that suggests this picture can change. The report’s authors – Felix Heilmann, Rebekka Popp and Ada Ámon – explain that coal is becoming less profitable, … [Read more...]
Biofuels “light-to-power” slump: because photosynthesis is no match for Solar PV
The success of energy crops depends on many things. But the first link in the chain is a weak one: natural photosynthesis, the conversion of light into energy by plants. The problem is the efficiency of photosynthesis is no match for that of a modern solar PV cell. And while solar technology keeps improving, mother nature – not a signatory to the Paris Agreement – has no plans to do so. Any progress must come from biotechnology which is slow … [Read more...]
No Energiewende without Wärmewende: making Germany’s Heating emissions climate neutral (…nearly)
In Germany, space and water heating in buildings accounts for almost a third of total final energy consumption. Because over 90% of its 22m buildings are fuelled by oil and gas, that makes the sector emissions very intensive. The government’s ambition is to have a "nearly climate neutral building stock" by 2050. But although those emissions have fallen by 44% since 1990, progress has largely stagnated since 2011. Freja Eriksen at Clean Energy … [Read more...]
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