The Australian government has ambitious plans to expand hydropower capacity in Tasmania â and to restrict gas exports so they can be reserved for domestic use. Cle-Anne Gabriel, Lecturer in Sustainability at the University of Queensland, argues these policies are going in the right direction. Courtesy The Conversation. … [Read more...]
Big Oil: growth of electric vehicles will lead to oil demand peak
Following Shell, oil major Total has now also indicated it is expecting increasingly tough competition from electric vehicles (EVs), writes John LeSage of Oilprice.com. One significant trend is the wide range of EVs that will be available in a few years. Courtesy Oilprice.com. … [Read more...]
The drivers behind flattening CO2 emissions
CO2 emissions have stopped growing â thanks to renewable energy, some say, but according to David Hone, Chief Climate Change Advisor of Shell, there are other factors at play as well, such as coal-to-gas substitution and limited demand growth. … [Read more...]
Large-scale fracking comes to the Arctic in a new Alaska oil boom
Largely unnoticed, international oil companies have been making discoveries of very large oil reserves in the Arctic region over the past year, writes author and lecturer Scott L. Montgomery. Â According to Montgomery, the Trump Administration is likely to give permission to drill these new wells, a number of which will be fracked. He believes âthe discoveries will write a new chapter in the U.S. oil industryâs dramatic ascent.â Courtesy The … [Read more...]
Five myths about dismantling North Sea oil rigs
Dismantling oil rigs in the North Sea is a waste of money and has no environmental benefits, writes Tom Baxter of the University of Aberdeen. According to Baxter, it makes more sense to leave the infrastructure in place and use the savings to fund green energy projects. Courtesy The Conversation. … [Read more...]
China’s new Silk Road: is it black or green?
The expansive internationalization of Chinaâs energy role has led many to believe that while China is "greening" its own economy, it is at the same time exporting it's fossil-fuel-based energy system abroad. John Mathews, Professor of Management at Macquarie University, Australia and Hao Tan, Senior Lecturer at the University of Newcastle, Australia, provide a detailed assessment of China's energy exports and come to a largely different … [Read more...]
The lowdown on hydrogen – part 2: production
Electrolysis, powered by renewables, is often seen as the ideal way to produce hydrogen. But electrolysis is expensive and not always efficient, writes Roger Arnold. There are other ways that are more efficient and also climate friendly. This is part 2 of a two-part series on hydrogen written by independent energy expert Roger Arnold. Part 1 deals with the uses of hydrogen in transport. … [Read more...]
Oil market (II): Is another bust looming over the oil industry?
Royal Dutch Shell broke ranks from other industry players last fall when its chief executive officer opined that global demand could reach a maximum in the next five to fifteen years. Given the nature of the demand plateau and the historical failure of authorities to predict its advent, it is time for the oil industry to begin planning and watching for the turn, writes Dwayne Purvis for Oilprice.com. Courtesy Oilprice.com. … [Read more...]
Oil market (I): Supply crunch or oil glut – investment banks can’t agree
Most analysts see a âsupply gapâ looming in the global oil market. But not all, writes Tsvetana Paraskova for Oilprice.com. Courtesy Oilprice.com. … [Read more...]
It is time to tax carbon
Low-carbon technologies will transform the energy system, but not fast enough to limit global warming, writes Gerard Reid, founding partner of Alexa Capital, financial analyst and co-founder of the Energy and Carbon blog. According to Reid, what is needed is to shift the still massive investment in oil and gas onto alternative energy sources. That can only be done through a carbon tax. … [Read more...]
The big Dutch coal mistake (part Two)
Uniper and Engie have made further write-downs on their still very new Dutch coal power plants, writes independent consultant Gerard Wynn, confirming the bleak prospects for coal power production in Europe. Yet Uniper is pressing on with plans to build another new coal plant in Germany. Courtesy IEEFA. … [Read more...]
Alternative numbers: 6 ways Trump’s energy plan doesn’t add up
The Trump administration claims that its America First Energy Plan will generate $50 trillion in revenues for American society. According to Jeremy Proville and Jonathan Camuzeaux of EDF Energy Exchange this is an âalternative factâ for which the evidence is totally lacking. … [Read more...]
European coal emissions decline but German lignite stations keep pumping on
Coal power plant emissions fell by an impressive 11%, according to new EU data, but still accounted for 39% of total emissions. Dave Jones, electricity analyst of UK-based think tank Sandbag finds that the UK, Spain, Greece and Italy performed well last year, Â but Germany and Poland did not. 7 out of 10 of Europeâs biggest polluters are German lignite stations. The carbon price in the ETS had no effect on emissions. … [Read more...]
Will clean coal be allowed to develop in Europe?
EU and national energy policies are strongly focused on promoting the use of renewable energy. However, EU policymakers should not overlook progress being made in traditional energy sources, especially in coal power plants, writes Pieter Cleppe, head of the Brussels office of think tank Open Europe. According to Cleppe, a significant expansion of âclean coalâ â which involves both carbon capture and storage (CCS) and supercritical power plants â … [Read more...]
Why the International Energy Agency still gets it wrong on fossil fuels
The IEA (International Energy Agency) has produced a remarkable and alarming report, together with IRENA (International Renewable Energy Agency), warning that âunprecedentedâ and âunparalleledâ efforts are necessary âimmediatelyâ and âacross all countriesâ to stave off climate disaster. Yet it still sees a significant role for fossil fuels in 2050. How is this possible? Greg Muttitt, Senior Advisor at NGO Oil Change International, argues that the … [Read more...]
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