Peter Tertzakian of Oilprice.com zooms in on 10 not-so-obvious issues that may turn out to be key influencers in energy markets in 2017. … [Read more...]
The burning issue
Fire is at the root of our climate problems and it is time we put it out, writes Walt Patterson, Associate Fellow at Chatham House. âWe need to switch from using fire to using electricity.â … [Read more...]
Groningen gas production and earthquakes: safety at all cost?
Production from the giant Groningen gas field in the Netherlands has been cut drastically after increasingly heavy earthquakes began to affect the region. Some would like to see Dutch gas production stop altogether, but according to geophysicist (ex-Shell) Jilles van den Beukel Groningen gas could still play a valuable role in North West European energy supply. In the short term it offers a better compromise from a financial, environmental and … [Read more...]
Donald Trumpâs carbon-obsessed energy policy and the planetary nightmare to comeÂ
Despite apparent contradictions, the main thrust of Donald Trumpâs energy policy approach is very clear, writes author and energy expert Michael Klare: he aims to abolish all regulations that stand in the way of unrestrained fossil fuel extraction. Even if this spells doom for segments of the fossil fuel industry that will get hurt by low prices â not to mention the planet. Courtesy Tomdispatch.com. … [Read more...]
Time to give the chop to fracking: Fraxit now!
On Tuesday the US Environmental Protection Agency released a definitive study concluding that hydraulic fracturing can impact drinking water at each stage in the shale gas production process. Do we really want to see 16,000 or more shale gas wells drilled in the British countryside carrying the same and other risks, ask professors Peter Strachan and Alex Russell? Â They assess the case for fracking in the UK against six "stress tests" and conclude … [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 â for over 50 years the largest natural gas producer in the EU â all houses will be disconnected from the gas grid by 2050. The plan has broad parliamentary support â in fact, many political parties believe it does not go far enough. … [Read more...]
The OPEC deal: a recipe for volatility
Last weekâs OPEC deal takes place in a very different context than earlier deals from the 1990s, writes Geoffrey Styles, Managing Director of independent US-based consultancy GSW Strategy Group. US shale producers are looking to fill supply gaps, inventories are higher than ever, and alternatives to oil in transport are emerging. If thatâs not a recipe for volatility, Styles wonders, then what is? Original post. … [Read more...]
The big Dutch coal mistake and the future of coal in Europe
RWE, Uniper and Engie have fairly quietly written off billions of euros on three brand new coal power plants in the Netherlands, according to a new report from independent consultant Gerard Wynn for the Institute for Energy Economics and Financial Analysis (IEEFA). In an article for his own website, the Energy and Carbon Blog, Wynn notes that the Dutch experience means no new coal power plants are likely to be built again any time soon in Europe. … [Read more...]
Fracking: âGang plank to climate chaosâ or ânecessary part of decarbonisationâ?
Fracking is a threat to the climate and the environment in the UK, says Professor Peter Strachan of Robert Gordon University. No, the climate benefits of domestically produced shale gas outweigh the risks, argues Stephen Tindale, co-founder of consultancy Climate Answers. The two men held a fascinating debate at the Houses of Parliament in London on 29 November hosted by the All-Parliamentary Group on Unconventional Oil and Gas. Ruth Hayhurst of … [Read more...]
US energy Independence Day dawns
The most significant US energy policy update in a decade, the Energy Policy Modernization Act 2016, will be introduced into the new Congress in January 2017. With provisions for accelerated permitting for oil and gas drilling, construction of export LNG terminals, as well as energy efficiency standards and grid-integration of renewables, the outlook for US energy security is bright, according to Barry Worthington, Executive Director of the US … [Read more...]
South Africaâs new energy plan: postpone nuclear, phase out coal
The much awaited updated South African Integrated Resource Plan for electricity, released for comment on 22 November, has sparked strong emotions, writes Hartmut Winkler, Professor of Physics at the University of Johannesburg. In an article for The Conversation, Winkler discusses the main points of the plan and explains why the nuclear lobby in particular is unhappy. Courtesy of The Conversation. … [Read more...]
Victory: Ukraine doesnât need Russian gas anymore â and puts transit at risk
Ukraine has completely âeliminatedâ its dependence on Russian gas, Ukrainian national gas company Naftogaz has declared in an open letter. Last year it stopped importing Russian gas for its own consumption altogether. At the same time, according to a paper written by Thierry Bros, Senior Research Fellow from the Oxford Institute for Energy Studies (OIES), Naftogaz is putting the future of the transit of Russian gas at risk by demanding higher … [Read more...]
The future of OPEC: it wonât die, but it will become a different animal
Regardless of the outcome of the meeting on 30 November, the future of OPEC looks uncertain. The organisation is facing a perfect storm, squeezed as it is between the revolution in shale oil, which has increased global supply and brought down prices, and the prospect of a global peak demand stemming from climate policies and falling costs of alternatives. Some have even declared the death of OPEC, but according to Thijs Van de Graaf, professor at … [Read more...]
Why China’s new coal plants won’t stop it from meeting its climate goals
In a fascinating article, Collin Smith, graduate student at the Hopkins-Nanjing Center in China, explains why China has been building a large amount of new coal-fired capacity the past two years, despite its climate commitments and drive for renewable energy. He also explains why this capacity does not necessarily translate into more coal power production: the power plants are and will be heavily underutilised. There is a danger though that the … [Read more...]
EU is losing the energy battle with Russia
Europeâs grand strategy to become less import dependent on Russian gas, which has been discussed since the 1990s, looks more and more like a failure, as the new Russian Tsar, Vladimir Putin, is consistently wrong-footing the leaders of the EU, writes Cyril Widdershoven. … [Read more...]
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