The issue of carbon taxes is under debate in the U.S. Congress. The fear is a new tax will destroy jobs and hinder growth. Will it? Meredith Fowlie at the Energy Institute at Haas says the U.S. should see Europe as a very useful carbon tax laboratory experiment: half the countries have some sort of tax, the other half don’t. She’s pulled together evidence to answer the simple question: does a carbon tax affect aggregate employment and growth. Her … [Read more...]
Archives for January 2020
U.S. EIA predicts Renewables will surpass Coal by 2021
Renewable electricity generation in the U.S. has risen so fast in the last 10 years that it’s expected to surpass coal by 2021, according to the latest report from the nation’s Energy Information Administration (EIA). This would have been “unthinkable” in 2010, says Dennis Wamsted at IEEFA. Back then, nationwide, utility-scale solar generated 1.29bn kWh and wind 94.6bn kWh. By 2021 solar will have risen almost a hundredfold to 122bn kWh and wind … [Read more...]
Modelling total costs for Onshore Wind power plants: from site prep to grid connection
The costs of wind turbines is dropping. But that means all the other capital costs - site preparation, foundations, infrastructure, tower construction – will become a bigger part of the total. In the U.S. they currently account for around 30% of the capital expenditures needed to install a land-based wind plant. To keep those costs under control the National Renewable Energy Laboratory (NREL) has created a comprehensive open-source modelling … [Read more...]
Oil & Gas’s future: diversify into clean electricity, new fuels, says IEA
The oil and gas industry is not doing nearly enough to meet Transition targets, says the IEA. Only 1% is invested in non-core activities. That needs to rise to 15% within 10 years. The IEA’s article summarises their comprehensive report “The Oil and Gas Industry in Energy Transitions”, released this month. It explains how the industry’s existing skills and “deep pockets” make them ideally placed to invest in low-carbon fuels (Hydrogen, … [Read more...]
“Climate leader” UK: why did low-carbon electricity generation stall in 2019?
In 2019, just 1TWh of low-carbon electricity (wind, solar, nuclear, hydro, biomass) was added in the UK. That’s after a decade of adding an average of 9TWh/year. Why? The UK needs to know, given an extra 15TWh/year is required until 2030 to meet emissions goals on top of the planned electrification of transport and heating. Carbon Brief’s Simon Evans runs through their thorough analysis. Wind power alone rose by 8TWh in 2019, but was offset by … [Read more...]
First Impact Report out now – Concerted Action Energy Efficiency Directive
The report can be downloaded from this URL: https://www.ca-eed.eu/Outcomes/Impact-report What is CA EED? The Concerted Action (CA) was initially launched in spring of 2008 in support the implementation of the Energy Services Directive (ESD), which later became the Directive on Energy Efficiency (EED). The work carried out within the CA revealed the wide difference in the energy efficiency measures across Europe and a clear need … [Read more...]
Electric utilities: pathway to a costs and pricing revolution
The 20th century method of setting electric utility rates are being made redundant by the new technologies of the modern age. It’s currently a three-step process - determining the revenue requirement, deciding how to divide costs among ratepayers, then designing the rates themselves. It uses traditional categories: generation, transmission and distribution; cost classifications (energy-related, demand-related, customer-related); customer/rate … [Read more...]
HVAC: New window “film” cuts cooling load by 30%. No need for re-fits
Buildings represent one third of energy usage in the U.S., and that will be typical of similar economies around the world. The cost of re-fitting buildings to conserve energy is very high and can take decades. Specifically, 30% of the energy used to heat and cool buildings is down to the heat that either escapes or enters through windows. What if there was a way to control that heat flow without re-designing or replacing the windows? MIT’s Mary … [Read more...]
EV Charging Infrastructure: “hidden” soft costs are slowing take up
You don’t buy an EV if you’ve nowhere to charge it. So the take up of EVs depends on the availability – and therefore the costs - of charging infrastructure. Rocky Mountain Institute’s Chris Nelder describes the surprising conclusion of their recent report “Reducing EV Charging Infrastructure Costs”, that it’s the soft costs that are stubbornly refusing to go down in the U.S. That means things like permitting delays, complex utility … [Read more...]
The Six Energy Paradoxes that slow the sector’s progress
Gerard Reid at Alexa Capital takes a high level look at what he sees as six systemic problems faced throughout the energy sector. They can be found at every level, across all technologies and markets. He calls them the Six Energy Paradoxes. All of them are acting as a serious drag on progress, Transition or not. Take the Market Efficiency Paradox. Utilities should adjust their prices to meet changes in energy supply and demand. Higher supply or … [Read more...]
Ten highlights of floating solar PV power station on water
The photovoltaic power stations we are familiar with are centralized, distributed, tower type, rooftop, agricultural greenhouse and so on, but these are some ground photovoltaic power stations. After all, the land resources on the earth are limited and the degree of land availability is limited. Next, let's learn something about the situation of the new type PV power station, that isfloating solar PV power station on water and its ten … [Read more...]
$7tn investor BlackRock announces Coal divestment, but not across all funds
BlackRock’s decision to divest from coal, as the world's largest asset manager with a long shareholder history of voting against climate action, sends a powerful signal. By mid-2020 BlackRock’s $1.8tn of actively managed funds will divest from any firm generating more than 25% of revenue from thermal coal. Further reviews of sectors heavily reliant on thermal coal will also take place. Tim Buckley, Tom Sanzillo and Melissa Brown at IEEFA welcome … [Read more...]
U.S. Presidential Election: for the first time, climate is a top priority
Another climate action “first” this year will be the 2020 U.S. Presidential election. Never before has climate change featured as a top priority for American politicians and voters, says Arnault Barichella writing for the IFRI Centre for Energy & Climate. It’s thanks to the growing evidence of human-caused global warming in collision with a current President who calls it all a hoax and has been rolling back the regulations of his predecessor. … [Read more...]
Lithium-Sulphur batteries: cheaper, greener, hold more energy
The rapid expansion of electric power across the world is putting a strain on battery production. The standard lithium-ion battery depends on minerals and metals in limited supply, so alternatives are needed urgently. Mahdokht Shaibani at Monash University describes the work of her team on developing lithium-sulphur batteries. There are many advantages, not least the abundance of sulphur, the 16th most common element on Earth. Added to that, … [Read more...]
EU pathway to 3m EV charge points by 2030
Right now the EU has around 185,000 public charge points, which is enough for today’s market (seven cars for each point). The current policy scenario targets 33m electric cars by 2030 (44m for climate neutrality). Transport & Environment’s Nico Muzi summarises their latest report that plots their ambitious pathway. It’s driven by the forceful idea of a European ‘right to plug’, and enabled by their new Public Charging Supply metric, using a … [Read more...]