Europe should have sufficient battery manufacture capacity for all its EV needs, explains Sam Hargreaves at T&E. Their report shows that Europe will not only achieve that capacity target this year itself, but has the ability to keep it up as EV sales continue to grow (460 GWh in 2025 and 700 GWh in 2030 of battery production in Europe). The report also stresses the major benefit of reduced waste. If manufacturers hit EU recycling targets, EV … [Read more...]
Improving grid response to support climate targets and increased renewables [Energy Post event video]
We present our video of the online discussion from February 24, 2021 on smartgrid response. Digital, automated, data-driven smart response systems can play a key role in grid security and stability going forward. This makes asset monitoring and controllability - underpinned by the Smart Grid Indicator which is now part of the EU Electricity Directive (Article 59) - a vital link in the chain. Taking part were Vera Silva, COT, General Electric and … [Read more...]
Denmark approves artificial island to site 10GW Offshore Wind hub
Denmark has approved a plan to build an artificial island in the North Sea that will be a hub to hundreds of offshore wind turbines, 260m tall, that will generate 10GW, enough energy for 10 million households. The first stage will be the size of 18 soccer pitches, for 3GW, costing âŹ29bn ($34bn), and should be operational by around 2033. Writing for the World Economic Forum, Douglas Broom says that the ultimate goal of 10GW should be more than … [Read more...]
Are Regulations and Climate Activism the main driver for coal exits, not Gas and Renewables prices?
Itâs widely thought in the media and politics that market forces are now the primary driver for the demise of coal: mainly natural gas prices, and the rising adoption and competitiveness of wind and solar. However, David Drake and Jeffrey York at the University of Colorado Boulder present their research from the U.S. that suggests the two main drivers are federal policy and climate activism. They studied the retirement of 348 coal-fired units … [Read more...]
Can the U.S. switch on a Nuclear Fusion plant by 2035?
Momentum is building in the U.S. for the switching on of a nuclear fusion pilot plant by 2035. A report from the National Academies of Sciences, Engineering and Medicine lays out for the first time the required technical, economic, and regulatory standards. It comes soon after the prospects for fusion were boosted in January by a government bill that funds fusion activities. Peter Dunn at MIT reviews the report and speaks to the experts. The main … [Read more...]
Green Taxonomy: finding the right balance [Energy Post event video]
We present our video of the online discussion from February 22, 2021 on the EU Taxonomy and how it affects investments in the energy transition, with particular reference to technologies such as gas and nuclear power. Taking part were Nancy Saich, Chief Climate Expert, European Investment Bank (EIB), Pawel StraczyĆski, Deputy CEO, PGE POLAND (sponsor), Ian Simm, CEO and Founder, IMPAX Asset Management, OndĆej Knotek, MEP, RENEW EUROPE … [Read more...]
Are EV owners driving less than we thought?
Research from California, the EV leader in the U.S., suggests that EV owners drive their vehicles half as much as the average gasoline car owner. Catherine Wolfram at the Haas School of Business explains that their research project reveals mileage data is so hard to gather that itâs difficult to know whatâs actually going on. Is the data wrong (they donât think so), or are EVs only being bought by drivers who don't use a car much? If so, the … [Read more...]
“The Role of Gas” in Europe and China: EVENT VIDEO on security of supply, gas to power, competitive markets & renewable gases
We present the videos of the second of our three, 4-session workshops on the opportunities for European energy solutions providers to take part in China's energy transition. In this workshop, held in February, we looked at gas. Demand in China is expected to keep growing. Thatâs because China doesnât just need to replace coal, it simply needs more energy. Europeâs gas sector has decades of relevant experience, technology, policy, planning and … [Read more...]
Five practical steps Oil & Gas can take to accelerate their energy transition
The Oil & Gas sector has a role to play in the energy transition, and not just by winding down operations. Thatâs because they will, by most projections, continue to be a major part of the energy mix through to 2050. But their activities must transition too, explain Bart Valkhof, Pedro Gabriel Gomez Pensado and Wan Sayuti at the World Economic Forum. The sector must therefore work out which strategies and investments can produce the lowest … [Read more...]
Essential energy transition metals: âEco-friendlyâ trawling of ocean floor could replace land mining
The availability of metals for raw materials has a make-or-break impact on the future of EVs, wind turbines and many other energy sector applications. The world needs 3bn EVs and 10tn kWh/yr more clean energy by 2040 to have any chance of achieving our climate goals. We need so much more that recycling what we already have wonât make a noticeable difference. Mining on land already has very serious negative environmental and social consequences. … [Read more...]
Updated NDCs: World committing to 0.5% emissions cuts by 2030. It should be 45%
The latest national climate pledges, submitted over the new year, show that the world is nowhere near meeting our emissions reductions goals. Analysis of the 48 updated ânationally determined contributionsâ (NDCs) submitted so far (everyone must submit by the end of this year), covering nations responsible for 29% of global emissions, shows we will have 0.5% lower emissions in 2030 compared to 2010. Thatâs way off the target 45% reduction needed. … [Read more...]
EU Recovery funds: where is the support for District Heating?
District Heating is an efficient way to heat homes, particularly in a country like Latvia where 58% of its primary energy consumption is used for heating. But SelÄ«na VancÄne at Riga City Council is very concerned that the draft EU Recovery plans do not include any support under the climate goals for district heating projects. Perhaps itâs because of a blind spot: most of Europe is prioritising individual heating units powered by electricity. … [Read more...]
Coal Phase-Out in Central Europe: cooperation is better than law suits
On Monday (February 22nd 2021) the Czech government announced their intention to file a lawsuit in the EU Court of Justice against Polandâs plan to âexpand the miningâ at Turow, saying it can endanger the drinking water for up to 30,000 people living in the Liberec Region. Frank Umbach at EUCERS argues such a lawsuit sets a dangerous precedent that could stand in the way of regional cooperation and achieving the EUâs climate goals. Instead, the … [Read more...]
EU Taxonomy: 5 principles for avoiding unintended consequences
The EU Taxonomy is a classification system that defines a list of environmentally sustainable economic activities. If your activity is on the list you should see green finance flow your way. Hence the heated debate over what is âgreenâ. Itâs of vital interest to sectors like gas and nuclear (itâs green compared to the coal it replaces) as it will have a major effect on the cost of capital and therefore the future of the sector. Indeed, any … [Read more...]
EU, U.S. exploring new sources of Rare Earth Minerals, should China limit exports
Reports are emerging that China is considering the restriction of the export of rare earth minerals, as a result of tensions with the U.S. Given China controls around 80% of global supply it would have severe consequences for not just advanced military applications (the presumed primary target) but also clean energy technologies like EVs and wind turbines. However, if the threat is carried out, Lukas TrakimaviÄius explains how this could backfire … [Read more...]
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