Much of Gazpromâs future prosperity depends on whether it can defend its position domestically, writes Anna Mikulska of the Kleinman Center for Energy Policy at the University of Pennsylvania and the Baker Instituteâs Center for Energy Studies. Companies such as Russian Rosneft and Novatek have pushed for some time to weaken the company's export monopoly. … [Read more...]
Katowice: A European coal capital goes green
This year the UN Climate Conference, COP24, will be held in Katowice, the heart of Polish coal mining. Critics wonder how negotiating an end to fossil fuels could be done successfully in an environment like this, but according to freelance reporter Richard Fuchs change is in the air in Katowice. Courtesy Energy Transition/Global Energiewende. … [Read more...]
Why the next oil boom will be fueled by blockchain
In a globally connected economy, the impact of transitioning to blockchain technology will be profound and will likely turn any industry on its head, writes Meredith Taylor of Oilprice.com. Companies in the oil and gas industry, such as Shell, BP or Petroteq, are planning to utilize blockchain to transform energy trade and revolutionize supply chain management. Courtesy Oilprice.com. … [Read more...]
U.S. energy dominance: markets trump policy in 2017
The 2017 growth in U.S. oil and gas industry is tied to market forces and already existing liberal trade policies; energy-specific policies introduced by the current administration were not a significant driver, write Anna Mikulska and Michael Maher of the Baker Instituteâs Center for Energy Studies. The authors expect that federal energy policies will continue to play a supporting but subordinate role to markets and state-level policies, and see … [Read more...]
UKâs capacity market: billions of pounds wasted
Britain has chosen to secure electricity supplies through a scheme which pays power plants to be available several years in advance, but falling prices suggest this capacity market is overkill and poor value for money, with ample alternative approaches, writes energy finance consultant Gerard Wynn. Courtesy Energy and Carbon blog. … [Read more...]
Meet the new ârenewable superpowersâ: nations that boss the materials used for wind and solar
Countries that create green energy infrastructure now, before political and economic control shifts to a new group of ârenewable superpowersâ, will be less susceptible to outside influence in the future, writes Andrew Barron, a professor of Swansea University. Article courtesy The Conversation. … [Read more...]
Is Indiaâs coal power sector set to crash?
King Coalâs reign in India is about to come crashing down, writes Silvio Marcacci, Communications Director at think tank Energy Innovation. Coal supplied 80% of Indiaâs total power mix in 2016-2017, but economics have flipped the countryâs energy equation â new renewable energy is now cheaper to build than running most existing coal-fired power plants. … [Read more...]
BP: oil and gas resilient to âfaster transitionâ â until 2040
Whatever happens â oil and gas will be needed in 2040 in at least the same quantities as today. That was a key message conveyed by BPâs Chief Economist Spencer Dale on Tuesday when he presented the 2018 edition of the BP Energy Outlook in London. Energy Post editor-in-chief Karel Beckman discusses Daleâs findings and wonders: what about Beyond 2040? … [Read more...]
The militarization of U.S. energy policy: Donald Trump enlists fossil fuels in the struggle for global dominance
As the recently published National Security Strategy shows, Donald Trump has turned the expansion of the U.S. fossil fuel industry and its exports into a major component of American foreign and security policy, writes energy expert and author Michael T. Klare. In the view of the Trump administration, anyone that stands in the way of American exploitation of oil, gas and coal resources is viewed as an obstructer of the national interest, notes … [Read more...]
The EU wants to fight climate change â so why is it spending billions on a gas pipeline?
By funding the Trans Adriatic Pipeline (TAP), the European Investment Bank (EIB) is hardly signalling to the private sector that governments are committed to a green energy transition, writes Aled Jones, Professor and Director at the Global Sustainability Institute of  Anglia Ruskin University. Article courtesy The Conversation. … [Read more...]
Energy storage does not always make the electric grid cleaner
Energy storage can help grids use more wind and solar power, but it does not always reduce carbon emissions, write Naga Srujana Goteti, Eric Hittinger and Eric Williams of the University of Rochester. In some cases, adding storage actually even increases carbon emissions. This happens when consumption is shifted to periods when coal power is used more. Article courtesy The Conversation. … [Read more...]
How renewables will change the geopolitical map of the world
The rapid growth of renewable energy will have a profound effect on geopolitics worldwide, writes energy expert Walt Patterson, a fellow at Chatham House in London. In this article, he explores the many ways in which "fire-free electricity" will transform political and economic relations. … [Read more...]
Charging electric vehicles: the challenges ahead
Forget the latest Tesla announcement, writes John Massey. What is more important for the future of electric cars is how we will solve the challenge of charging them. Massey, an independent energy analyst and trainer, discusses the four main challenges of EV charging and concludes that the outcome of the process will depend on the interplay between electricity supply options, market operations, grid costs, policy choices and consumer behaviour … [Read more...]
Europeâs biggest fossil fuel project gets âŹ1.5bn public loan
The European Investment Bank has approved a loan to the Southern Gas Corridor, in a move environmentalists described as a âhistorical mistakeâ, writes Karl Mathiesen of Climate Home News. The move brings the total public backing for Europe's biggest fossil fuel project to $3.5 billion. Courtesy Climate Home News. … [Read more...]
New German government adopts coal phase-out in all but name
The coalition accord between Angela Merkel and Martin Schulz includes an increase in the renewables target in the electricity mix from 50% to 65% by 2030. Jon Berntsen and Anders Nordeng of Thomson Reuters Point Carbon have analysed how this will impact the German energy sector and conclude that it is a coal phaseout policy in all but name. … [Read more...]
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