Talk about a disruptive technology. The “world’s leading software platform for digital assets,” blockchain may be little known, but it could revolutionize electricity markets, according to Dick Munson of EDF Energy Exchange. For utilities blockchain could prove to be a threat – or an opportunity. … [Read more...]
Smart meter data hubs: Europe vs. Germany
The European discussion about data management in the energy sector is driven by the smart meter roll-out and the need to reduce market entry barriers via data access, writes Marius Buchmann, Post-Doc at Jacobs University in Bremen, Germany. Most European countries are discussing or have introduced Retail Hubs to facilitate data collection and distribution. Germany already has mechanisms in place to do this and is instead discussing the … [Read more...]
Biopower (part 2): Climate science for bioenergy is lost in the woods
Producing electricity from biomass is one of the most controversial and least understood forms of renewable energy. In this three part series, we first explored myths and facts about biopower. In this second installment we’ll try to make sense of a seemingly simple question – is biopower good for cutting our carbon emissions? It is anything but simple. This series first appeared on the Energy Transition blog, at energytransition.org. … [Read more...]
Jobs? Investing in renewables beats fossil fuels
For policymakers who are interested in job creation, investing in renewable energy is considerably more effective than investing in fossil fuels, writes Allan Hoffman, author of the blog Thoughts of a Lapsed Physicist and formerly with the U.S. Department of Energy. Solar and wind are powerful engines of job creation and economic growth. … [Read more...]
Myths and facts about biopower (part 1 of 3)
While wind and solar are widely popular, and nuclear and energy storage hotly debated, much less is said about the role bioenergy could play in the transition to a low-carbon society. In a three-part article, Bentham Paulos argues that bioenergy has an important role to play in the green future and exposes some of the myths around it. This article originally appeared in the Energy Transition blog. … [Read more...]
China’s continuing green shift in electric power: evidence from 2016
Over the past decade, China has been greening its electric power system faster than any other industrial power. But China is also continuing to pump out more greenhouse gases than any other other country. Is its green transformation happening fast enough? Hao Tan and John A. Mathews dig deep into the 2016 data and present an awesome picture of the stunningly large Chinese electric power sector. Courtesy Asia-Pacific Journal. … [Read more...]
Production cuts vs innovation: why OPEC has lost the oil price war
OPEC and its cartel of friends must be sweating condensates in advance of their May 25th meeting, writes Peter Tertzakian for Oilprice.com. The oil price war, triggered almost three years ago, is far from over. Calling a truce with production cuts has been an ineffective strategy. In fact, it’s been a feeble strategy and nobody in the business should rely on its extension to be effective. Courtesy of Oilprice.com. … [Read more...]
Interview Ditlev Engel, CEO DNV GL Energy: “The biggest challenge is integration”
The biggest challenge of the energy transition is the integration of renewable technologies into a digitalized interconnected energy system, according to Ditlev Engel, CEO of DNV GL Energy, one of the largest energy consultancies in the world. “Technology is moving very fast”, Engel says in an interview with Energy Post. “Renewable energy growth has surpassed everyone’s expectations. Regulation and market design need to reflect this development.” … [Read more...]
The surprising story of the decline of electricity use in American households
Despite continued economic growth, American households use less electricity than they did five years ago, writes Lucas Davis of the Energy Institute at Haas School of Business. The reason may surprise you, notes Davis: it’s energy-efficient lighting. According to Davis it is not clear yet whether household electricity use has peaked or will rise again in future. Courtesy Energy at Haas. … [Read more...]
Death spiral for cars. By 2030, you probably won’t own one
By 2030, you probably won’t own a car, but you may get a free trip with your morning coffee, writes Giles Parkinson of Reneweconomy.com. Transport-As-A-Service (TaaS) will use only electric vehicles and will upend two trillion-dollar industries. It’s the death spiral for cars as we know them today. Courtesy of Reneweconomy.com. … [Read more...]
Costs of electricity generation compared: beware of simple metrics
With the rapid growth of renewables, comparing costs of different forms of power generation has become important for policymakers, investors and analysts. In these comparisons, the metric of LCOE (levelized cost of energy) is often used, but the U.S. Energy Information Administration (EIA) warns that this metric does not cover all the complexities involved. The EIA has written a short primer on comparing power generation costs. … [Read more...]
Trump on the wrong side of energy history
His most recent energy appointments show that president Trump insists on moving the U.S. away from clean energy. This goes against the global trend and will put this Administration on the wrong side of energy history, writes Allan Hoffman, a former official at the U.S. Department of Energy and contributor to a new handbook on the history and future of solar power. … [Read more...]
Divestment will not block German lignite
Stock divestment strategies have been widely proposed to undercut financial support for fossil fuels. The German lignite industry, however, cannot be tackled in this way, writes independent energy expert Jeffrey Michel in a highly informative analysis. Lignite stations and mines are owned by regional communities in the west and a Czech consortium in the east. Although some power plants are being phased out against government-arranged subsidies, … [Read more...]
How to calculate revenues of solar and wind power when the subsidies stop
As the recent offshore wind auction in Germany showed, unsubsidized renewables are rapidly becoming a reality. But how do you calculate the revenues from intermittent solar and wind power plants that receive no financial support, in particular in view of the frequent occurrence of zero or negative power prices? Carlos Perez Linkenheil, Marie-Louise Niggemeier and Simon Göß from Energy Brainpool, independent Berlin-based energy market experts, … [Read more...]
Tobacco and climate change liability: there are more similarities than you might think
While there are some important differences between liability for the damage of smoking and the damage caused by climate change, from a legal perspective there are also many significant similarities, write Martin Olszynski, Sharon Mascher (both at the University of Calgary) and Meinhard Doelle (Dalhousie University). Automakers and fossil fuel energy companies may want to start warning the public more explicitly about the risks of fossil fuel … [Read more...]
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