Ukraine has completely “eliminated” its dependence on Russian gas, Ukrainian national gas company Naftogaz has declared in an open letter. Last year it stopped importing Russian gas for its own consumption altogether. At the same time, according to a paper written by Thierry Bros, Senior Research Fellow from the Oxford Institute for Energy Studies (OIES), Naftogaz is putting the future of the transit of Russian gas at risk by demanding higher … [Read more...]
Archives for November 2016
Why sharing solar is the next big thing in energy
The disruption and the opportunities being offered by solar PV and battery storage are likely to be accelerated massively by the introduction of new software such as the “blockchain” system that has already taken root in financial systems, writes Giles Parkinson of the leading Australian energy website Reneweconomy. Courtesy: Reneweconomy.com. … [Read more...]
Vietnam’s amazing nuclear journey – why it ended, what it means for South East Asia
On November 22, Vietnam took the historic decision to scrap its nuclear power program, after many decades of nuclear preparations, up to a ground-breaking ceremony at the first proposed nuclear site in the country in 2014. Jim Green, editor of Nuclear Monitor, published by WISE (World Information Service on Energy), tells the amazing story of nuclear power in Vietnam – and discusses what the Vietnamese decision means for the prospects of nuclear … [Read more...]
The future of OPEC: it won’t die, but it will become a different animal
Regardless of the outcome of the meeting on 30 November, the future of OPEC looks uncertain. The organisation is facing a perfect storm, squeezed as it is between the revolution in shale oil, which has increased global supply and brought down prices, and the prospect of a global peak demand stemming from climate policies and falling costs of alternatives. Some have even declared the death of OPEC, but according to Thijs Van de Graaf, professor at … [Read more...]
A carbon pricing scheme that works
The UK’s carbon price floor mechanism has proved very effective at securing cost-effective emissions reductions, writes energy and climate change economist Adam Whitmore. It offers lessons for other carbon pricing schemes, such as the EU Emission Trading System. … [Read more...]
Why China’s new coal plants won’t stop it from meeting its climate goals
In a fascinating article, Collin Smith, graduate student at the Hopkins-Nanjing Center in China, explains why China has been building a large amount of new coal-fired capacity the past two years, despite its climate commitments and drive for renewable energy. He also explains why this capacity does not necessarily translate into more coal power production: the power plants are and will be heavily underutilised. There is a danger though that the … [Read more...]
EU is losing the energy battle with Russia
Europe’s grand strategy to become less import dependent on Russian gas, which has been discussed since the 1990s, looks more and more like a failure, as the new Russian Tsar, Vladimir Putin, is consistently wrong-footing the leaders of the EU, writes Cyril Widdershoven. … [Read more...]
India wants to become a solar superpower – but its plans don’t add up
India aims to build 1 terrawatt of global solar power – four times the current worldwide total – and become a 100% electric vehicle nation by 2030. Those are great ambitions, but they still far short from what is needed for a true energy transformation away from coal, writes DĂ©nes Scala of Lancaster University. Courtesy of The Conversation. … [Read more...]
Reinventing Fire in China
Amory Lovins’ Rocky Mountain Institute, backed by Chinese institutions and Lawrence Berkeley National Laboratory, has published a stunning roadmap for an energy revolution in China. If its ideas are taken up, it could lead to a transformation of the largest energy economy in the world – and serve as a model for other developing nations to follow, writes Fereidoon Sioshansi, president of Menlo Energy Economics and publisher of the newsletter … [Read more...]
Why the future belongs to decentralised renewables, not centralised hydrogen and giga-scale nuclear
What the future of our energy system will look like continues to be a subject of heated debate. According to one well-established tradition, writes Professor John Mathews of Macquarie University in Australia, the route to decarbonisation will run via massive nuclear power systems to the hydrogen economy. But China and to some extent India are emerging as the principal practitioners of an alternative vision of energy growth, underpinning their … [Read more...]
Stephane Quere, Innovation Director Engie: “Hydrogen is a big topic for us”
Hydrogen, which can be used to store energy, produce electricity and fuel vehicles, is one of the innovation priorities for French energy giant Engie (€70 billion revenue). This is a company that prides itself on its diversity however, explains Stephane Quere, Innovation Director at Engie, with activities stretching from Europe to Africa and Asia, and businesses from gas distribution to security systems. Some of the main priorities for Engie are … [Read more...]
Trump may be a nightmare for nuclear power
Donald Trump’s opposition to climate policy and the Clean Power Plan should be a huge worry to the already troubled US nuclear industry, writes Washington-based energy reporter Dennis Wamsted on his blog Wamsted on Energy. … [Read more...]
IEA in the Age of Trump: policies will determine where we go from here
The most important message from the 2016 edition of the annual World Energy Outlook, the International Energy Agency’s (IEA) flagship publication released today, is that “policies will determine where we go from here”. “Paris” has given the international energy sector “a new sense of direction”, notes the IEA. But much stronger policies are needed to keep global warming limited to 2 degrees Celsius, it adds. Its message takes on extra importance … [Read more...]
Can Trump revive the US coal industry? Will he even benefit oil and gas?
The election of Donald Trump is likely to benefit the US oil and gas sector, though his stand on international trade could hurt economic growth and thereby oil demand, writes Gregory Brew, analyst at Oilrpice.comTrump has been positively exuberant about coal, but according to Brew it is by no means certain that he will able to revive the US coal industry. Article courtesy of Oilprice.com. … [Read more...]
Biofuels turn out to be a climate mistake
Biofuels are usually regarded as inherently carbon-neutral, but once all emissions associated with growing feedstock crops and manufacturing biofuel are factored in, they actually increase CO2 emissions rather than reducing them, writes John DeCicco of the University of Michigan. According to DeCicco, biofuels are actually more harmful to the climate than gasoline. Courtesy of The Conversation. … [Read more...]