Towards the end of this year the EC is expected to issue new proposals for gas legislation, a once in a decade market reform. Simon Skillings and Lisa Fischer at E3G highlight the big difference between the design of gas and electricity markets for Europe. The electricity market is growing, the gas market needs to shrink. The authors quote figures showing that the EU's 55% emissions reduction target for 2030 means natural gas use will reduce by … [Read more...]
Coal regions are ideally suited for utility-scale Wind, Solar and jobs
Over 15% of total greenhouse gas emissions in the EU come from coal-fired energy generation. 18 EU countries still use coal for electricity production. The argument goes that the phasing out of coal threatens the livelihoods of coal workers and their regional economy. But it should be the opposite, argue Elif Gündüzyeli and Jörg Mühlenhoff at CAN Europe. Coal regions are ideally suited for new gigawatt-scale wind and solar. They already have the … [Read more...]
Satellite monitoring of Methane leaks makes policing them more effective
Satellites, drones, and airplanes should be used to detect methane leaks across the million active wells and hundreds of thousands of miles of pipelines across the U.S. That’s because without proper monitoring it’s extremely hard to find leaks, let alone regulate them. Meredith Fowlie at UC Berkeley’s Energy Institute at Haas describes their paper that uses such data to, first, show that 2.3% of upstream natural gas production is leaking. That’s … [Read more...]
Five key metrics investors need to steer Oil and Gas firms into decarbonisation
If the oil and gas industry won’t commit to meaningful strategies and milestones to decarbonise, investors must make them, say Ben Ratner at the Environmental Defense Fund and Erin Blanton at Columbia University. Already, Covid has shown how vulnerable the sector is to unexpected change. If the sector refuses to factor in rising decarbonisation ambitions and policies across the globe that vulnerability will continue for decades. At the same time, … [Read more...]
Solar is displacing Coal in India’s electricity market
India is the world’s third largest electricity market and as a fast-growing economy can, according to the IEA, lead the recovery of global energy demand out of the pandemic for the coming decade. Kashish Shah at IEEFA runs through solar’s prospects in India, which hopes to build 450GW of renewable energy by 2030. Solar is getting cheaper. A 2GW auction in June delivered India’s lowest-yet renewable energy tariff at US$31/MWh. That figure could … [Read more...]
WEO 2020 means updated price predictions to 2040: Oil, Gas, Coal, Renewables, Power
The combined effect of the global lockdown, more ambitious climate policies and the rise of renewables will have a significant effect on European power prices up to 2040, as well as the sales revenues of renewable energies. Carlos Perez-Linkenheil at Energy Brainpool uses their Power2Sim model to look at the data in the IEA’s latest World Energy Outlook 2020 and make quantitative forecasts. The pandemic has caused structural distortions to the … [Read more...]
Europe has enough Gas infrastructure. Why build more?
In early November a first vote is expected in the European Parliament on the Recovery & Resilience Facility’s €672.5bn budget. Esther Bollendorff at CAN Europe runs through the arguments against providing any funding for new gas infrastructure. She presents evidence to show that the EU is already oversupplied with gas import capacity, and all new fossil gas transmission projects have been rejected by the market since 2017. Solar and wind … [Read more...]
Why Autogas Could Help Us All Breathe More Easily
Since the COVID-19 crisis and subsequent lockdowns, many cities around the world experienced a marked improvement in urban air quality, but with traffic getting back to “normal”, air pollution is rebounding and, alongside the continued public health crisis, we are now facing an economic recession. Mobility is essential to securing jobs and getting the economy back on track, but it should not come at the expense of the environment. Filipa Rio, … [Read more...]
Europe’s 55% emissions cut by 2030: proposed target means even faster coal exit
The EC is proposing a target emissions reduction of 55% by 2030 compared to 1990 levels, instead of the previously agreed 40% (which the EU is on course to surpass). The main tool for achieving it will be the EU Emissions Trading System (ETS). Prices for allowances will rise, making coal increasingly uncompetitive. Sören Amelang, Kerstine Appunn and Julian Wettengel at CLEW talked to a number of experts who say the new target implies a near total … [Read more...]
MGA blocks can substitute for coal, preserving plants, grid connectivity and jobs
Rather than dismantle coal plants, why not create a clean fuel that can be used in the same plants, utilising the steam turbines, existing connections to the grid, and preserve jobs at the plant. MGA (miscibility gap alloy) is that fuel, say Erich Kisi and Alexander Post at the University of Newcastle, Australia who are behind the development of these blocks of material, 20cm x 20cm x 16cm, made of blended metals. They are heated up – using … [Read more...]
Gas oversupply and clean energy’s rise: now is the time to fast-track gas market reforms
Traditional monopolistic and oligopolistic gas markets artificially keep gas prices high, work against competition and efficiency, and have no place in the modern world, say Jean-Baptiste Dubreuil, Gergely Molnar and Songho Jeon at the IEA. They calculate that gas market reforms in the EU, begun in the mid 1990s, saved the bloc $15bn in 2019. But it typically takes 20 years for such a market to be properly established. The authors explain that … [Read more...]
Anna Zalewska MEP Q and A: “We cannot drop coal from our energy mix in a decade”
Over the past twelve months Energy Post has provided readers with two well-attended panels (Modernisation Fund, Just Transition Fund), sponsored by PGE Poland, focussing on EU mechanisms and policies designed to support countries like Poland (plus other carbon-intensive and/or lower-gdp Member States) with their decarbonisation strategy. Today, Anna Zalewska MEP (ECRG and member of the ENVI committee of the European Parliament) makes use of … [Read more...]
Global Coal Database: Covid lockdown may accelerate phase-out
E3G has created a database to track coal’s phase-out across the globe. Though much has been achieved, dating back to 2010, it’s still not on target. Chris Littlecott and Leo Roberts at E3G look at the data from different territories. The OECD and EU28 have made very good progress: 71% of these countries are pursuing coal phase-out, with 58% on track to be coal free by 2030. The article points at successes in the US, the UK, Spain and Germany … [Read more...]
Three U.S. utilities to skip the gas “bridge”, move straight from coal to renewables
At the end of June, utilities in three U.S. states declared they are closing down coal plants and moving straight to renewables, without building new gas plants as a “bridge” fuel. For example, to replace lost coal capacity, Tucson Electric Power in Arizona will add 2,457MW of new wind and solar generation, backed up with 1,400MW of battery storage. Similar commitments are being made by other utilities in Colorado and Florida. New Mexico is … [Read more...]
Ukraine’s integration into the EU gas market is a positive lesson for the region
Ukraine is shaping its gas infrastructure and regulations to integrate into the EU market. On the infrastructure front, its interconnectors with neighbours, extensive pipeline network and storage facilities are making it an increasingly important European player, explains Aura Sabadus writing for the Atlantic Council. The gradual opening up to EU free market rules are evidenced by its gas prices following those of the EU. Ukraine's attractive … [Read more...]
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