Great Britain will ban all new diesel and gasoline-powered automobiles after 2040. In an announcement on 26 July, Environment Secretary Michael Gove confirmed that vehicles powered solely by fossil fuels will no longer be allowed to be sold by then in Britain, and will instead be replaced by electric vehicles (EVs), writes Gregory Brew of Oilprice.com. Courtesy Oilprice.com. (This is the second article in a short three-part series on EVs that we … [Read more...]
Netherlands sees higher solar capacity, but not lower prices
In the Netherlands 525 MW of solar power capacity was installed in 2016, bringing total solar capacity to 2 GW, which supplied 1.5% of Dutch electricity generation, according to the National Solar Trend Report 2017 (available here in Dutch), a collaboration of many private and public players in the Dutch solar sector. … [Read more...]
China’s renewable energy revolution continues on its long march
In one year China added almost as much generation from renewable power as Germany’s total renewable energy generation, according to the end of January statistics for 2016 by the National Energy Administration of China and the China Electricity Council. Yet the country’s electricity supply still relies strongly on coal, notes Simon Göß of Berlin-based consultancy Energy Brainpool. … [Read more...]
Dutch government: only EVs and hydrogen cars from 2035, phase-out natural gas
The Dutch government has presented a long-term energy plan that stipulates that no new cars with combustion engines may be sold from 2035 on. In addition, in the Netherlands – for over 50 years the largest natural gas producer in the EU – all houses will be disconnected from the gas grid by 2050. The plan has broad parliamentary support – in fact, many political parties believe it does not go far enough. … [Read more...]
IEA in the Age of Trump: policies will determine where we go from here
The most important message from the 2016 edition of the annual World Energy Outlook, the International Energy Agency’s (IEA) flagship publication released today, is that “policies will determine where we go from here”. “Paris” has given the international energy sector “a new sense of direction”, notes the IEA. But much stronger policies are needed to keep global warming limited to 2 degrees Celsius, it adds. Its message takes on extra importance … [Read more...]
Russia keeps expanding oil production despite low oil prices
Russian federal revenue from oil and natural gas production has declined significantly in response to low oil prices, reports the US Energy Information Administration (EIA). However, whereas western oil companies have slashed their spending, Russian oil and natural gas companies’ capital investment programs have been less affected, if at all. As a result, Russian oil production has hit a post-Soviet record high. Article courtesy of US EIA. … [Read more...]
Electric car revolution may drive oil ‘investor death spiral’
Advanced batteries could “tip the oil market from growth to contraction earlier than anticipated,” concludes credit rating agency Fitch in a new study. Bloomberg New Energy Finance (BNEF) has already told investors to expect the ‘big crash’ in oil by 2028 — and as early as 2023. Joseph Romm Joseph Romm, founding editor of the influential weblog Climate Progress, warns of the “investor death spiral” that may await the oil industry. Article … [Read more...]
The “new realities for energy”: peak demand, stranded assets
"The world is undergoing a Grand Transition driven by a combination of factors including the fast-paced development of new technologies, an unstoppable digital revolution, global environmental challenges and changing growth and demographic patterns", according to a statement from the World Energy Council, a UN-accredited global energy network with over 3,000 member organisations in over 90 countries. According to the World Energy Council, the … [Read more...]
Hinkley Point C explained – UK’s attachment to nuclear submarines drives bias towards nuclear power
Why is the UK government so committed to building new nuclear power stations, despite the high costs and many attractive alternatives? Research published by the Science Policy Research Unit at the University of Sussex shows that it is the Government’s attachment to nuclear submarines which is an important factor in the pro-nuclear bias in UK energy policy. … [Read more...]
UK government approves Hinkley Point C
The UK Department of Business, Energy and Industrial Strategy announced this morning that the government goes ahead with the Hinkley Point C nuclear power project. This is a very important decision for the nuclear energy sector in Europe, especially EDF, and energy policy in general. … [Read more...]
IEA sees “major shift” – but not major enough
“A major shift in investment towards low-carbon sources of power generation is underway”, according to a first-ever detailed analysis of investment across the global energy system from the International Energy Agency (IEA). Yet, in non-OECD countries, “investment in conventional generation remains strong”, with over 75 GW of coal-fired power plants starting operation in 2015 in “developing Asia” – “as much as all renewable capacity additions in … [Read more...]
Offshore wind: Europe far ahead, Siemens largest by far
The number of new offshore wind installations in Europe went down sharply in the first half of 2016, but investment grew to a record €14 billion, promising higher growth in the coming years. Siemens installed all 114 new turbines in Europe in 2016 and has a global market share of 64%, according to new reports from WindEurope and PlanetOS. … [Read more...]
Europe increasingly dependent on oil imports, above all from Russia
European dependence on oil imports has grown from 76% in 2000 to over 88% in 2014. The EU spends some €215 bn on oil imports, over 5 times as much as gas imports (€40 bn). Russia is the biggest supplier: dependence on Russia has grown from 22% in 2001 to 30% in 2015. These are some of the main conclusions of a study from Cambridge Econometrics made for the Brussels-based NGO Transport & Environment (T&E). … [Read more...]
Natural gas vehicle sales in US sag but prospects still good
The market for natural gas vehicles in the US took a small hit last year, as a result of low oil prices. Nevertheless, sales of CNG and LNG powered vehicles continue to be significant and the number of filling stations continues to grow, writes Frank Swigonski, Associate at Advanced Energy Economy, a US business assocation that promotes clean energy. Courtesy Advanced Energy Perspectives. … [Read more...]
DNV GL sees solar power revolution, acquires Spanish solar monitoring company
DNV GL, one the world largest independent energy consultancies, has strengthened its position in the solar power sector with the acquisition of GreenPowerMonitor, a leading provider of solar monitoring, control and asset management systems. The CEO’s of DNV GL- Energy, Ditlev Engel, and GreenPowerMonitor, Juan Carlos Arévalo, expect the solar market to triple and projects to become ever bigger, they tell Energy Post. With 150 solar experts, the … [Read more...]
- « Previous Page
- 1
- 2
- 3
- 4
- 5
- 6
- …
- 16
- Next Page »