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IEA in World Energy Outlook: no oil abundance in sight

November 12, 2013 by Karel Beckman

Technology and high prices are opening up new oil resources, but this does not mean the world is on the verge of an era of oil abundance, according to the International Energy Agency’s (IEA) 2013 edition of the World Energy Outlook (WEO-2013). Although rising oil output from North America and Brazil reduces the role of OPEC countries in quenching the world’s thirst for oil over the next decade, the Middle East – the only large source of low-cost … [Read more...]

Filed Under: Climate policy, Energy Outlooks, Markets, News Tagged With: climate change, geopolitics, natural gas, oil, renewables, unconventionals

Oil Espionage: US and UK tapped OPEC

November 12, 2013 by Sonja van Renssen

News supplied by Commondreams.org written by Lauren McCauley Both the NSA and the U.K. spy agency, GCHQ, have infiltrated the computer networks of the Organization of the Petroleum Exporting Countries (OPEC), according to documents disclosed by whistleblower Edward Snowden and reported on by Der Spiegel Monday. As critics note, this latest disclosure illustrates, once again, the expanse of the U.S. and U.K. spy networks and the breadth of their … [Read more...]

Filed Under: News, Oil, Gas & Coal Tagged With: geopolitics, oil

German Environment Ministry says CO2-neutral Germany “almost possible”

November 11, 2013 by Karel Beckman

Can an industrialized country such as Germany avoid nearly all of its man-made greenhouse gas emissions? “Clearly yes”, answers a new study by the German Federal Environment Agency (Umweltbundesamt). And it can be done without carbon capture and storage, nuclear power and first generation biomass. However, energy demand must be reduced by half and “unnecessary transport” must be avoided. “It is technically possible to reduce greenhouse gas … [Read more...]

Filed Under: Energy Outlooks, News Tagged With: biofuels, climate change, Energiewende, energy efficiency, power-to-gas, renewables

EPEX Spot and Swissgrid prepare for market coupling

November 8, 2013 by Karel Beckman

The European Power Exchange EPEX SPOT and the Transmission System Operator Swissgrid AG started cooperating with the aim to be ready to launch day-ahead market coupling projects in cooperation with other neighboring Transmission System Operators (TSOs). The partnership is based upon the Price Coupling of Regions (PCR), which was chosen as the market coupling solution for the integration of the European electricity market. It is therefore … [Read more...]

Filed Under: Markets, Networks, News Tagged With: electricity market

“France’s fracking ban to remain for foreseeable future”

November 7, 2013 by Karel Beckman

The decision to uphold the ban on hydraulic fracturing (‘fracking’) in France by the constitutional court, preventing further exploration activities for shale gas reserves, is unlikely to change in the near future, despite the warnings of advocates that France will miss out on a significant source of cheap energy, says a new report from research and consulting firm GlobalData. According to the company’s latest report, France Upstream Fiscal … [Read more...]

Filed Under: News, Oil, Gas & Coal Tagged With: EU energy policy, shale gas, unconventionals

Top climate scientists call on environmentalists to support nuclear

November 6, 2013 by Karel Beckman

In an open letter addressed to "those influencing environmental policy but opposed to nuclear power", four top climate scientists in the US have called on world leaders and environmental activists to support the developmnet of nuclear power to protect the climate. The scientists are James Hansen, Ken Caldeira, Kerry Emanuel and Tom Wigley. Here is their letter, published by CNN: "As climate and energy scientists concerned with global climate … [Read more...]

Filed Under: News, Nuclear Tagged With: climate change, nuclear energy, renewables

EU Commission: feed-in tariffs should be abandoned

November 5, 2013 by Karel Beckman

The European Commission has presented a Communication which gives guidance to Member States on “how to make the most of public interventions” in the electricity market. The Communication discusses “how to reform existing” interventions, especially renewable energy subsidy schemes, and how to effectively design new ones, especially for back-up capacity schemes." The Commission notes that “in some very specific cases public intervention might be … [Read more...]

Filed Under: EU Policy, Markets, News Tagged With: electricity market, Energiewende, EU energy policy, renewables, solar power, wind power

IEA: energy efficiency the world’s first fuel

November 1, 2013 by Karel Beckman

The scale of global investment in energy efficiency and its contribution to energy demand are as significant as those of other developed supply-side resources, the International Energy Agency (IEA) said as it has unveiled a new report that for the first time describes the wide range of energy efficiency activities worldwide in market terms. The inaugural Energy Efficiency Market Report joins the IEA market reports for oil, gas, coal and … [Read more...]

Filed Under: News Tagged With: energy efficiency

North Africa and Middle East to double renewable energy capacity by 2015

November 1, 2013 by Karel Beckman

The capacity of renewable energy in the Middle East and North Africa will nearly double from 1.7 gigawatts (GW) today to 3.3 GW by 2015. This is shown by research from Desertec Industrial  Initiative (DII). Morocco plays a leading role in expanding the currently capacity, around 0.6 GW, to 1.7 GW by 2015. "North Africa and the Middle East are at the beginning of an impressive energy transition based on wind and sun. I am particularly pleased … [Read more...]

Filed Under: News Tagged With: electricity market, renewables

PWC study: Economies generate growth thanks to decarbonisation

November 1, 2013 by Karel Beckman

New research by PwC, using historical data from five EU member states, shows that countries can decarbonise at faster than average rates without reducing economic growth or losing competitiveness while still generating new sources of economic growth and jobs. This is the conclusion based on analysis of the long-term economic impact of energy policies in five European countries (Denmark, Germany, the Netherlands, Sweden and the United Kingdom) … [Read more...]

Filed Under: News Tagged With: Energiewende, energy efficiency, renewables, solar power, wind power

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  • Affordable €25k EVs by 2025: Europe’s carmakers can do it. Instead they’re making more profitable SUVs
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        Concawe Symposium tackles climate and pollution as RED commits fuel companies to 29% renewable content from 2030

        Affordable €25k EVs by 2025: Europe’s carmakers can do it. Instead they’re making more profitable SUVs

        Oil & Gas business is fatally flawed: Russia-Ukraine only delayed the relentless decline in prices

        Space-Based Solar Power: getting closer as SpaceX and Blue Origin bring down the cost of heavy-lift launches?

        U.S. Inflation Reduction Act: one year on, a summary of impressive progress in the energy transition

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