What happened when Sweden introduced a 25% rebate on the cost of an e-bike for 12 months over 2017-18? Lucas Davis at the Haas School of Business reviews a study that digs into the consequences. Sales increased by 70%. E-bike prices remained steady, so the sellers didn’t simply raise prices to eat up the rebate. The study estimates that although a third of those sales would have “happened anyway” (i.e. no additionality) the remaining two-thirds … [Read more...]
Hydrogen is also a greenhouse gas, so leaks must be minimised
Even leaked hydrogen can warm the climate. How serious is it as a greenhouse gas? How easy is it to minimise leaks? Thomas Koch Blank, Raghav Muralidharan, Kaitlyn Ramirez, Alexandra Wall and Tessa Weiss at RMI answer these important questions as the hydrogen ramp up begins. The first observation is that hydrogen is much less damaging than natural gas, even with minimal hydrogen leakage regulation. Nevertheless, the roll-out of this new energy … [Read more...]
Biologically produced Ethylene for plastics can become a carbon capture leader
Ethylene is a key component of the world’s vast appetite for plastics. It’s normally made using fossils as a feedstock, and is energy-intensive to produce. The chemicals industry has long sought a way to biologically manufacture ethylene. It would be a double-win for clean energy: it would capture CO2 and displace the fossil-based feedstocks. Connor O’Neil at NREL describes new research that makes ethylene in a “one-step” process fuelled directly … [Read more...]
Electricity markets with high shares of Wind and Solar will need Nuclear
When electricity markets have high shares of wind and solar – the goal of many regions around the world – is it more efficient to build a nuclear power plant instead of investing further in more renewable capacity? The answer is yes, according to a study by Machiel Mulder, Xinyu Li and Arjen Veenstra at the University of Groningen. In essence, it’s because nuclear benefits from the high (scarcity) prices when there’s little wind or sunshine. Here … [Read more...]
Russia-Ukraine stalls EU Biofuels, but accelerates its medium/long-term targets
Rising food and fuel costs are pushing several EU countries to freeze or lower 2022-2023 low-carbon blending mandates for transportation fuels. That will likely mean a rise in emissions, but only in the short term, says Cornelius Claeys at Stratas Advisors. However, the same policymakers understand that ending imports of fossil fuels from a belligerent Russia is an opportunity to raise low-carbon targets for the medium and long term. So, right … [Read more...]
Netherlands and China co-operate on Aquifer Thermal Energy Storage for heating and cooling
Aquifer Thermal Energy Storage (ATES) accesses the stable temperature of groundwater to warm buildings in winter and cool them in summer. The solution uses much less power than conventional heating and cooling systems. As Daisy Chi at ECECP explains, ATES first took off in China in the 1960s but ran into problems with the required circulation of the groundwater. However, the technology has been developed and optimised in the Netherlands: of the … [Read more...]
Renewable Ammonia’s role in reducing dependence on Gas
Today, IRENA and the Ammonia Energy Association (AEA) released its “Innovation Outlook Renewable Ammonia” which updates in detail the current state and prospects for green ammonia as an energy carrier. Here, Dolf Gielen, Francisco Boshell and Gabriel Castellanos at IRENA and Kevin Rouwenhorst and Trevor Brown at the AEA summarise the findings. Worldwide ammonia production, though fossil-based, is already at-scale as a feedstock for fertiliser. So … [Read more...]
Latest U.S. modelling shows Battery Storage can support an 80% Renewables grid by 2050
NREL’s latest Storage Futures Study concludes that battery storage should be able to support an 80% renewables grid mix in the U.S. by 2050. Madeline Geocaris at NREL explains how they modelled hundreds of future scenarios to accurately represent the value of diurnal (<12 hours) battery energy storage. The high-storage scenarios made different cost and performance assumptions for storage, wind, solar PV, and natural gas. 15 storage … [Read more...]
Will China’s gigantic wind and solar “bases” mean targets met four years early?
China will have doubled its 2020 installed wind and solar capacity by 2025, exceeding 1,100GW, according to government plans. That’s four years sooner than required to meet their target of peak CO2 emissions by 2030 and carbon neutrality before 2060. Writing for Carbon Brief, Lauri Myllyvirta and Xing Zhang at CREA explain that the main driver is the creation of “clean energy bases”: large-scale concentrations of wind and solar power on deserts … [Read more...]
If most truck journeys are less than 300 miles the E-Truck revolution can happen now
What proportion of trucks today could go electric? That’s the question Emily Porter at RMI has asked for California and New York. The answer is 65% of medium-duty trucks and 49% of heavy-duty trucks. Those are very encouragingly high numbers. RMI’s definition of “electrifiable” is if they travel fewer than 300 miles between trips to their home bases. The study gathered real data on how freight trucks are driven today. Clearly, a large number of … [Read more...]
Record Renewables additions for 2021 and 2022 despite supply bottlenecks prove Solar & Wind’s resilience
Despite – or perhaps because of – global market and political turmoil, renewable power is set to break another record in 2022. That’s after 2021 also saw record new capacity from solar, wind and other renewables worldwide. It’s mainly driven by solar PV in China and Europe as governments around the world take advantage of renewables’ energy security and climate benefits, according to the IEA’s latest Renewable Energy Market Update. 295GW of new … [Read more...]
China’s impressive growth in Renewables and Transmission now needs Market innovation
***REGISTER NOW for CHINA: Carbon Neutral by 2060 - INNOVATION*** - China has the world’s largest power plant fleet for both coal and renewables. Together they make up most of the total power capacity of over 2,200 GW... STOP PRESS: China's Transition is the biggest single opportunity for managing climate change and also for those businesses who are ready with the innovations that will ensure the best possible outomes in an incredibly … [Read more...]
How a street can share a Ground Source Heat Pump
Ground and air source heat pumps are expected to play a major role in cutting the use of gas for heating. But one major problem with them is that they need a lot of space. For those living in dense housing it’s just not practical. District heat networks are the usual alternative, but the dense urban areas they serve need to be near a large source of waste heat like power stations or other industrial units. David Barns at the University of Leeds … [Read more...]
U.S. Solar breaks new records. What’s needed to keep the momentum?
The latest available date reveals it’s been a record breaking 2021 for U.S. solar. John Rogers at UCS runs through the highlights. Solar passed the 100GW milestone, with 23.6GW newly installed, up 19% on 2020 and 77% up on 2019. Solar was the biggest source of new electric generating capacity for the third year in a row. Residential, non-residential and utility-scale all performed well. Across the nation, solar accounted for 3.9% of total … [Read more...]
Seven ways for the U.S. and Europe to enhance energy security and advance climate goals
Ending reliance on Russian fossil exports will need the U.S. and Europe to work together, explain Joseph Majkut, Nikos Tsafos and Ben Cahill at the Center for Strategic and International Studies. The U.S. is the world’s largest oil and gas producer and is able to increase output. At the same time, it must meet global emissions targets. The way to do it is to increase fossil exports temporarily whilst improving its carbon reduction measures (e.g. … [Read more...]
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