Carbon Dioxide Removal (CDR) technologies are still in their infancy. However, they are an essential part of limiting global temperature increases to 1.5-2°C to meet the Paris Agreementâs objectives. So what is the best way to ensure CDR is ramped up at the right speed to hit those targets, and avoid the âmoral hazardâ of the promise of future CDR giving others an excuse to fail with their straightforward carbon reduction? Oliver Geden, Glen … [Read more...]
Investment risk: nuclear high, new load-following fossil fuel plants low
In the current policy environment many energy technologies can appear attractive with the right set of assumptions: discounted clean energy technologies (wind, solar and nuclear) where the discount rate is heavily influenced by risk (see graph) and, perhaps surprisingly, new load-following fossil fuel plants (especially natural gas) where continued wind/solar technology forcing actually provides substantial upside potential. CCS researcher Schalk … [Read more...]
Can Teresa Ribera transform Spain into a green champion?
In a draft bill released on 13 November, the Spanish government is proposing to ban fossil fuel subsidies and fracking, reduce greenhouse gas emissions by 20% by 2030 (37% compared to current levels) and 90% by 2050, boost the share of renewables to 35% (70% of power generation) in 2030 and discourage diesel and petrol cars. Natalie Sauer of Climate Home News portrays the woman behind the plan, ecological transition minister Teresa Ribera, and … [Read more...]
Study says no way to decarbonise the gas sector by 2050
Gas industry advocates argue that expansion of gas infrastructure is justified because it will be possible to switch to low-carbon gases such as hydrogen and biomethane in future. But research by the International Council on Clean Transportation (ICCT) predicts that biomethane production will remain modest, even with massive subsidies. … [Read more...]
Coalâs cost increase leaves no cause for celebration
Coalâs carbon impact is clear from the fact that it produces 20% of electricity and 65% of EU power sector emissions. But even with EU coal prices at a five-year high, we are unlikely to see short-term European coal emissions reductions. Emissions Trading System prices would have to double to push coal out of the EU electricity mix, says Paul Deane of University College Cork's Environmental Research Institute. … [Read more...]
Europe prepares a net zero emissions plan for 2050: use the EUenergy App to understand it
The European Commission is drafting a new 2050 climate and energy strategy that will set out a vision for net-zero emissions in Europe by 2050, to be unveiled before the next round of UN climate talks, in Katowice, Poland this December. Energy Post reports on the latest internal reflections on the new strategy, using the EUenergy App, jointly developed by Energy Post and Shell, to put the ideas in context. … [Read more...]
How can gas contribute to the achievement of EU climate targets
What role is there for gas in the European energy system over the next decades? Some believe the EU must give priority to coal-to-gas switching. Others see no role for natural gas at all in the long run and argue that EU policy must promote only ârenewableâ gas. An Energy Post panel debate in Brussels, sponsored by Nord Stream 2, saw conflicting views sound off against each other. Meanwhile, a new âGas for Climateâ initiative proposes a 10% … [Read more...]
Brexit: What it means for UK-EU energy trade
The UK says it wants to keep or even expand its close ties with the European Union energy market after Brexit, but it might not get what it wants if the country leaves the EU with no deal in 2019. Gas and electricity will continue to be traded between the two, but the risks of shortages and higher costs for the UK and Ireland will grow and increase over time, explains Sara Stefanini of Climate Home News. … [Read more...]
Khashoggi and Skripal: wake-up calls for European energy policy
The apparent brutal murder of Jamal Khashoggi in Turkey by the Saudi Arabian regime and the equally brazen attempted murder of Sergei Skripal in England should serve as wake-up calls for European energy policymakers, writes Karel Beckman, editor-in-chief of Energy Post. These misdeeds demonstrate the aggressive nature of the Saudi and Russia regimes and underline the necessity for Europe to reduce its reliance on oil and gas much more rapidly … [Read more...]
Eurelectric warns of âreal and severeâ risks from no-deal brexit
With talks over the UKâs divorce deal with the EU having stalled over the weekend, the pan-European electricity industry association Eurelectric has taken the unusual step of calling for a rapid and successful end to negotiations. What follows is an open letter from Eurelectricâs secretary general, Kristian Ruby, to UK Prime Minister Theresa May and European Chief Negotiator Michel Barnier. Â … [Read more...]
The fight over power networks in the EU: will national TSOs become subordinate to regional organisations?
The EU is discussing how far and how fast it can take regional cooperation among Transmission System Operators (TSOs). The European Commission and Parliament want to give entities for regional cooperation more independence and power, while Member States and TSOs want ultimate power to remain at national level. An upcoming conference on 16 October led by ENTSO-E (representing European TSOs) and Coreso (a regional entity) â and supported by Energy … [Read more...]
Post-Brexit carbon tax would set Scotland against UK
The UK is weighing up future carbon pricing options in a post-EU world, but Scotland will not abide a London plan for a national tax because that would impinge on devolved powers. Resolving the issue will not be easy, particularly in the event of a no-deal Brexit, writes Sara Stefanini, Climate Home News. Courtesy of Climate Home News. … [Read more...]
What role for gas in Europeâs 2050 energy system?
The European Commission sees natural gas play a critical role in the energy transition to 2035, but beyond that its views on the role of gas are much less clear. Simon Blakey, analyst at IHS Markit, does not believe that renewables can be ramped up quickly enough to replace coal generation. Jonathan Gaventa of think tank E3G argues gas has no place in the energy mix by then, unless it is decarbonized. Energy Post editor Jason Deign spoke to both … [Read more...]
UK offers green assurances for no-deal Brexit
The UK government says its environment and energy rules will remain in step with the EUâs even if it makes a hard, no-deal exit next year. Time, however, is running short, writes Sara Stefanini. Courtesy Climate Home News. … [Read more...]
Hydrogen is heading up the European policy agenda
Hydrogenâs momentum is building, as European ministers consider approving a new âHydrogen Initiativeâ this week that aims to âmaximise the great potential of sustainable hydrogen technology.â With funding from the EUâs Fuel Cells and Hydrogen Joint Undertaking, a consortium of industrial heavyweights in the H2FUTURE project is already ramping up production of hydrogen from renewable sources. But, as the International Renewable Energy Agency notes … [Read more...]
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