The Paris Climate Agreement and the inclusion of energy in the Millennium Development Goals were two key moments in 2015, writes Marie-JosĂ© Nadeau, Chair of the World Energy Council and member of the Advisory Board of the SE4all initiative of the United Nations, which presented a new five-year strategy in Brussels last week. According to Nadeau, this new strategy has the potential to impact the way energy is perceived across the world, in … [Read more...]
Debacle at Doha – the collapse of the old Oil OrderÂ
The failure of the worldâs biggest oil producers to agree on an output freeze at their recent meeting in Doha, Qatar, was more than a geopolitical incident, writes energy author Michael T. Klare. The Doha debacle shows that the world of ever-increasing oil demand that we have come to known over the last decades is no more. From now on, suppliers will fight each other for ever diminishing market shares. Courtesy of TomDispatch. … [Read more...]
Russia: a global energy powerhouse that’s much more than a petro-state
Russia is not what you think. Most discussion about its energy influence has focused on oil and gas, particularly gas, and Russia and is routinely described, as a petro-state. But this is only partly accurate, writes Scott L Montgomery, Lecturer at the University of Washington. According to Montgomery, Russia has been building an altogether new kind of energy state, one with more global influence than even OPEC. This has profound implications for … [Read more...]
Can battery electrics disrupt the internal combustion engine? Part 2: âkind-ofâ
Battery electric cars do not meet the basic criteria for disruptive innovation, Schalk Cloete argued in part 1 of this two-part series. Small electric vehicles (SEVs), on the other hand, do have disruptive potential, he writes. Our urbanizing world with its rapidly expanding middle class and increasing resource constraints will reinforce this trend. Thus, he concludes, internal combustion engine (ICE) vehicles may lose substantial market share to … [Read more...]
Can battery electrics disrupt the internal combustion engine? Part 1: âNoâ
Battery electric vehicles (BEVs) will do well to take more than 10% of global light duty vehicle market share by mid-century, writes research scientist Schalk Cloete. This is because BEVs with the large battery pack needed for broad consumer acceptance will remain more expensive than internal combustion engine (ICE) cars. According to Cloete, this price premium is unlikely to be accepted by the mass market even under optimistic future BEV … [Read more...]
Jeroen van der Veer, ex-CEO Shell, Chairman ING: âMoving away from fossil fuels presents great opportunities for oil companiesâ
âThe energy transition presents great opportunities for oil and gas companies to develop new forms of energy and gradually move away from fossil fuelsâ, says Jeroen van der Veer, former CEO and Chairman of Shell in an exclusive interview for World Energy Focus, a monthly publication of the World Energy Council produced by Energy Post. But the former Shell boss rejects the idea that the oil companies are in danger of ending up with large âstranded … [Read more...]
The inexorable shift of the US power sector
The growth of renewable energy in the US is based on fundamental economic, environmental and security benefits that it provides, writes David Littell of the Regulatory Assistance Project. This is why the renewables train canât be stopped anymore. … [Read more...]
BPâs view of electric cars looks unrealistic
BPâs latest long term outlook for the energy sector looks particularly unrealistic in its projection of a âmost likelyâ case of almost no uptake of electric vehicles by 2035, writes independent energy expert Adam Whitmore. According to Whitmore, even very moderate assumptions lead to substantially higher growth rates for EVs. … [Read more...]
BP says not to worry, good times will return
Aside from minor adjustments, BPâs latest Energy Outlook is mostly business-as-usual, writes Fereidoon Sionshansi, president of Menlo Energy Economics and publisher of the newsletter EEnergy Informer. BP seems to have missed out entirely on the agreement reached in Paris in December 2015, as if it did not happen, notes Sionshansi: "The Outlook seems more of a wish list than a forecast." … [Read more...]
Chinaâs electricity mix: changing so fast that CO2 emissions may have peaked
China installed a world record of 32.5 gigawatts (GW) of wind power last year, and a world record 18.3 GW of solar power, according to official figures from the National Bureau of Statistics of China on 29 February. Coal consumption fell 3.7%, nuclear power grew 30% and natural gas 3.3%. These trends mark a rapid diversification of Chinaâs electricity generation capacity with reduced dominance of coal. Some even believe Chinaâs CO2-emissions have … [Read more...]
Robert Johnston, CEO Eurasia Group: âTake a seat at the table and advocate for gasâ
The big question in the energy sector today is whether the world will move to a zero-carbon policy in which fossil fuels have no place, or a world in which natural gas is part of the solution, says Robert Johnston, CEO of US-based consulting firm Eurasia Group, in an interview with World Energy Focus. Johnston advises companies to âtake a seat at the policy table and advocate for gasâ to counter âgrowing demands to exclude natural gasâ. … [Read more...]
Energy Post takes over The Energy Collective!
We are delighted to announce that this week Energy Post became the proud owner of the great US-based website The Energy Collective. … [Read more...]
Future is hi-tech, high value-added and non-energy-intensive
The growth of advanced economies depends increasingly on hi-tech information rather than traditional commodities, writes Fereidoon Sionshansi, president of Menlo Energy Economics and publisher of the newsletter EEnergy Informer. It is no coincidence that ExxonMobil, long the largest US company, is no longer in the top three. âFuture growth will depend on every smaller amounts of energy.â … [Read more...]
Interview Christoph Frei, Secretary General World Energy Council: âThe key message from Paris: be part of the innovation frontierâ
The key message of the Paris Climate Agreement is that the energy sector should be part of the drive towards renewable energy and part of the âinnovation frontierâ, says Christoph Frei, Secretary-General of the World Energy Council, the largest global network in the energy business, with member committees in over 90 countries. âThe long road from Paris is to build on the best technology, to develop and deploy innovation. If you are not on the … [Read more...]
The End of the Oil Age and other great stories
We reveal our most popular stories of 2015. They reveal what is preoccupying our readers the most. Yes, itâs all about the End of the Age of Oil â and the beginning of something new. … [Read more...]
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