Importing LNG from the U.S., to replace coal, makes sense for Europe only if the total emissions including those throughout the chain of production are lower than the alternatives. Julian Wettengel at CLEW looks at reports that say the total methane emissions from the world’s largest oil and gas field – the Permian Basin in West Texas – are particularly high and may push it over that threshold. Flaring, venting and leakage are the main cause. … [Read more...]
Archives for June 2020
Just Transition Fund: Poland yet to be convinced
Last month we learned of extra "Covid-19 recovery" funds to keep the Green Deal on an even keel. They included an additional €32.5bn for the Just Transition Fund (JTF). But is it enough? This is the question at the heart of our online event next week. The JTF is part of the Just Transition Mechanism (JTM) which, in turn, is the part of the Green Deal funding plan and is aimed at supporting Member States and regions "most affected by the … [Read more...]
2019’s grid storage additions fell for the first time since 2013. Why?
Globally, new installations of grid storage fell year-on-year in 2019 for the first time since 2013. This IEA summary of the landscape is taken from its latest series of Tracking Clean Energy Progress reports. The IEA’s recommendations reflect the fact that grid storage is new and complex, needing changes to existing regulations and market rules that are unviable in the age of transition. The policy goal is to monetise the value of storage in … [Read more...]
Will Member States support the EC’s green recovery plan?
The EC’s “Next Generation EU” plan for a joint loan of €750bn is a major breakthrough as it accepts the need for the member states to share a large debt burden to revive the EU economy. It will be in addition to the European budget under discussion before the pandemic crisis. The other breakthrough is that green policies – climate neutrality, biodiversity, “food-to-fork” - are central, explains Nicolas Berghmans at IDDRI. He summarises the plan, … [Read more...]
Tipping Points reached for Solar, Wind, Batteries, EVs. What of the other Clean Energy techs?
History shows a disruptive technology’s tipping point can be under 5% of market share, that’s all it takes. The number of horses in use peaked in the U.S. once car ownership reached 3%. Gas lighting in the UK peaked with electric lighting at just 2% of the market. Landline phones in the U.S. fell precipitously after mobiles captured 5% of the market. Ji Chen and Koben Calhoun at RMI argue the tipping point has already been passed for solar, wind, … [Read more...]
Why savings from the 2009 Buildings Refits stimuli were poor. Let’s do better this time
“Shovel ready” buildings renovations and refits can play an important part in a nation’s economic recovery programme. It gets money straight into the pockets of manual workers doing the refits, across the whole country, cuts the energy bills of all (both low and high income households), and accelerates efficiency gains for meeting climate targets. But first we need to learn lessons from the U.S. renovation stimuli of 2009, says Meredith Fowlie at … [Read more...]
Unlocking the potential of Ocean Energy: from megawatts to gigawatts
When you consider the expanse of the world’s oceans no one should be surprised that the theoretical potential for electricity generated from ocean energy is several times total global energy demand. Of course, that potential needs to be harnessed at commercial prices. Francisco Boshell, Roland Roesch, Alessandra Salgado and Judit Hecke at IRENA run through the technologies used to extract energy from tides and waves, the potential near-term … [Read more...]
Sales down, but cash preserved too: Regulators take note when setting new Utility rates
Utilities are suffering financial impacts because of the current pandemic, and regulators will be asked to address them when they set new electricity rates. The intention will be to help the utilities recover while keeping bills affordable for their customers. But not all the impacts on the utilities are bad news, explains Jim Lazar at RAP looking at the U.S. Though revenues have dropped and some labour costs risen, there is a list of things that … [Read more...]
17 GtCO2 avoided, $5tn saved: Rising U.S. car fuel efficiency since 1975
Since the 1970s, fuel-economy improvements in U.S. “light-duty” vehicles, with a contribution from rising gasoline prices, have saved 17bn tonnes of CO2, according to a new study reviewed by Josh Gabbatiss at Carbon Brief. That makes rising fuel efficiency’s impact on emissions reductions second only to that of coal-to-gas. New cars, vans and light trucks get about twice as many miles to the gallon as 1975 models. The amount of gasoline therefore … [Read more...]