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How IT startups can improve energy efficiency

January 27, 2014 by Denis Kuznetsov

The latest progress in big data analysis has enabled the remarkable development of a group of internet startups which can dramatically change the energy efficiency sector. This group mainly consists of web-based platforms that can track and analyse energy consumption data in real-time. These platforms give the possibility to quantify the results of the implementation of energy efficient technologies. The ability to model and evaluate various … [Read more...]

Filed Under: *, Energy, Innovations, Renewables Tagged With: electricity market, energy efficiency, financing

Brussels: ocean energy could fulfill all our energy needs

January 22, 2014 by Sonja van Renssen

The European Commission published an ambitious  Action Plan for “Blue Energy” on 20 January that should pave the way to a vibrant European ocean energy industry. Ocean Energy Europe, a consortium that includes Eon, Alstom and EDF, takes tidal and wave energy very seriously. It has a goal of 100,000 MW installed in European waters by 2050. … [Read more...]

Filed Under: *, Energy, EU Policy, Renewables Tagged With: EU energy policy, ocean energy, renewables

BP: “Optimistic for the world’s energy future”

January 16, 2014 by Karel Beckman

The good news from the BP Energy Outlook 2035, presented on 15 January, is that there will be no problem meeting the world’s energy demand over the next two decades. When it comes to availability of energy, “there is no problem”, said BP’s Group Chief Economist Christof RĂĽhl at the presentation of the report in London. BP’s CEO Bob Dudley said BP is “optimistic for the world’s energy future”. The fourth edition of BP’s annual  Energy Outlook … [Read more...]

Filed Under: *, Energy, Energy Outlooks, Oil, Gas & Coal Tagged With: biofuels, climate change, coal power, electricity market, energy efficiency, gas pipelines, natural gas, nuclear energy, oil, renewables, shale gas, sustainable mobility, transport

Smart grid and smart city predictions for 2020 (part 2)

January 15, 2014 by Christine Hertzog

Last week, Silicon Valley-based boardroom consultant and smart grid expert Christine Hertzog made five predictions for trends likely to occur in the smart energy sector, including the prediction that “Consumer intermediation threats would abound for utilities”. And wouldn’t you know it, on Tuesday Google announced it is expanding into “smart homes” with the acquisition of Nest Labs for $3.2 billion. One down for Christine! This week she follows … [Read more...]

Filed Under: *, Energy, Energy Outlooks, Innovations, Renewables Tagged With: electric cars, electricity market, energy harvesting, renewables, smart grids, sustainable mobility

Peak oil is dead. Long live peak oil!

January 14, 2014 by Michael T. Klare

Peak oil theory has been replaced with a new theory that might be called “techno-dynamism”. It holds that there is no limit to the amount of oil as long as the industry can apply its technological wizardry to oil production. However, there are three problems with this theory: technology costs keep going up, political and environmental risk keeps mounting, and climate policies will suppress demand which will in turn discourage invesment. The … [Read more...]

Filed Under: *, Climate policy, Energy, Energy Outlooks, Oil, Gas & Coal Tagged With: climate change, geopolitics, oil

Climate policy bumps into competitiveness in Europe

January 13, 2014 by Sonja van Renssen

Behind the heated debate in Brussels about climate and renewable energy targets, what is really happening is that concern over high energy prices has taken precedence over climate concerns in Europe. Competitiveness has caught up with climate policy. Indeed, the two issues have become so intertwined that when the European Commission will present its new climate and energy policy on 22 January, it will at the same time launch a new industrial … [Read more...]

Filed Under: *, Climate policy, Energy, EU Policy Tagged With: Brussels, climate change, electricity market, energy efficiency, EU energy policy, EU ETS, European gas market, renewables

The five global implications of shale oil and gas

January 10, 2014 by Christof RĂĽhl

Much has been said about the shale (oil and gas) revolution, but according to Christof RĂĽhl, Group Chief Economist and Vice-President of BP, its real implications have yet to sink in. He points out, for example, that no detailed assessment has been made yet of its macro-economic impacts. In this wide-ranging analysis, RĂĽhl – one of the world’s most influential energy economists – discusses some of the major implications of shale. He notes that as … [Read more...]

Filed Under: *, Climate policy, Energy, Oil, Gas & Coal Tagged With: geopolitics, natural gas, oil, unconventionals, US energy policy

Smart grid and smart city predictions for 2020

January 8, 2014 by Christine Hertzog

“The smart grid” is a notoriously complex subject that is still quite abstract to many in the energy industry. Few know more about it than Silicon Valley-based boardroom consultant, author (of the bilingual English-Chinese “Smart Grid Dictionary”), and professional explainer Christine Hertzog. In this article she offers her insights on the major smart grids trends to be expected in the coming years. Her focus is on the U.S., but for European … [Read more...]

Filed Under: *, Energy, Energy Outlooks, Innovations, Renewables Tagged With: electricity market, smart grids, US energy policy

Saudi Arabia launches Renewable Resource Atlas

January 7, 2014 by Heba Hashem

With the launch in December of its online Renewable Resource Atlas, Saudi Arabia has taken an important step into bringing its ambitious renewable energy plans closer to realisation. The Atlas will provide developers of solar power (and later also wind power, geothermal heat and waste-to-energy) comprehensive, reliable data on which to base project bids. Heba Hashem of CSP Today reports. … [Read more...]

Filed Under: *, Energy, Renewables Tagged With: renewables, solar power, wind power

Rosatom signs contract to build nuclear plant for Fennovoima in Finland

December 21, 2013 by Karel Beckman

Interview with Chairman Pekka Ottavainen: “It was a very simple choice”. The Finnish company Fennovoima has signed a contract with Rosatom to build a 1200 MW greenfield nuclear power plant, Hanhikivi I,  in Pyhäjoki in northern Finland. It is the first time in the post-Soviet era that the Russian company will be building a new nuclear power station in the EU. The plant will cost roughly €6 billion and will deliver electricity at “no more than … [Read more...]

Filed Under: *, Energy, Nuclear Tagged With: electricity market, EU energy policy, nuclear energy

“European gas market will go from very tight to strongly competitive”

December 20, 2013 by Karel Beckman

The European gas market will see “strong competition in the future”. This means that despite declining domestic production, Europe’s dependence on Russian gas will not increase over the long term. In the short term, however, over the next five years or so, Europe’s gas market could become very tight and Russia’s position will be stronger than ever. These are the expectations of energy expert Tatiana Mitrova of the Energy Research Institute of the … [Read more...]

Filed Under: *, Energy, Energy Outlooks, Markets, Oil, Gas & Coal Tagged With: European gas market, geopolitics, infrastructure, renewables

Eastern Mediterranean Gas – Plea for a peace pipeline!

December 19, 2013 by Friedbert PflĂĽger

To exploit the exciting new gas reserves in the Eastern Mediterranean in the most profitable way, both economically and politically, the best option is to build a pipeline from Israel’s Leviathan field via Cyprus to Turkey, argues Friedbert PflĂĽger, Director of the European Centre for Energy and Resource Security (EUCERS) at King’s College London. Such a pipeline is less costly than an LNG terminal in Cyprus – and it could serve as an instrument … [Read more...]

Filed Under: *, Energy, EU Policy, Oil, Gas & Coal Tagged With: EU energy policy, European gas market, geopolitics

2014: the year of energy storage

December 18, 2013 by Mike Stone

Energy storage: it’s no longer a problem, it’s become a huge business opportunity. As one market watcher recently put it: “The energy storage industry is in the early stages of what will become a giant global market”. As with any new market, however, it is difficult for participants to find reliable information. Fortunately, there is now the interactive International Energy Storage Database (IESDB) of the US Department of Energy (DoE), which … [Read more...]

Filed Under: *, Energy, Energy Outlooks, Markets, Renewables Tagged With: electricity market, energy storage, grid, renewables, smart grids

Interview EU Climate Chief Connie Hedegaard: “Climate policy cannot be based on emission reduction alone”

December 12, 2013 by Sonja van Renssen

The European Union should adopt EU-wide targets for renewable energy and energy efficiency for 2030, says Climate Commissioner Connie Hedegaard in an interview with Energy Post. She rejects pleas from the energy sector to base EU climate policy solely on CO2 emission reduction targets. She does note, however, that there has been a tendency to “overcompensate” renewable energy, i.e. too generous subsidies. “It was never the plan to subsidise … [Read more...]

Filed Under: *, Climate policy, Energy, EU Policy, Renewables Tagged With: climate change, EU energy policy, EU ETS, European gas market, internal market, natural gas, renewables, shale gas

UK electricity market: financiers are holding the government over a barrel

December 10, 2013 by Michael Knowles

The UK Department of Energy & Climate Change (DECC) published new “strike prices” for renewable energy on 4 December, claiming these will lead to additional investment of ÂŁ40 billion in renewable electricity generation up to 2020. But according to Michael Knowles, Member of the Institution of Mechanical Engineers, the support scheme is too generous for suppliers and DECC should do much more to drive costs of renewables down. … [Read more...]

Filed Under: *, Energy, EU Policy, Markets, Nuclear, Renewables Tagged With: electricity market, renewables

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        Recent Posts

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        Poland’s Coal-to-Nuclear plans move forward with U.S. partners

        EU Energy Outlook to 2060: power prices and revenues predicted for wind, solar, gas, hydrogen + more

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