Should the Italian government decide to halt the Trans Adriatic Pipeline (TAP), the last leg of the Southern Gas Corridor - meant to reduce the EU's dependence on Russia - may be in jeopardy, writes John Roberts, a senior fellow with the Atlantic Council Global Energy Center. Ironically, the Russians may want to save the project, according to Roberts. Courtesy: the EnergySource blog of the Atlantic Council. … [Read more...]
Exclusive interview Mark Gainsborough, head Shell New Energies: âWe are further along than people realizeâ
With a string of new investments and acquisitions in the past year (you can find a unique overview further on in this article!), Shell has quietly stepped up the pace of its transition from an oil and gas company into an energy company. âWe are further along than people realizeâ, says Mark Gainsborough, Executive Vice-President of Shell New Energies, in an exclusive interview with Energy Post. According to Gainsborough, there is a âshift in … [Read more...]
Ukraineâs power sector is set for a major transition
As the pillars of Ukraineâs power sector â coal and nuclear â are shaking, the country is on the point of a major energy transformation, writes Oleg Savitsky, climate and energy policy expert and journalist. But some crucial steps still need to be taken to make it possible. … [Read more...]
Polandâs largest utility, PGE, faced with growing risks from transition
The financial stability of PGE, Polandâs largest utility, could be undermined if it sticks with its current fossil fuel-heavy generation profile, writes Gerard Wynn. In a new report for the Institute for Energy Economics and Financial Analysis (IEEFA), Wynn concludes that the company could be hit hard by increasing carbon prices and tougher air pollution rules if it does not shift away from coal. … [Read more...]
How gas and oil companies are starting to look like the Yellow Pages (remember those?)
The parallels between what happened to the Yellow Pages business and whatâs happening to the fossil fuel industry today are striking, writes Kathy Hipple, financial analyst at IEEFA (Institute for Energy Economics and Financial Analysis). The oil and gas industry may not collapse as rapidly as the Yellow Pages did, it will go the way of the shrinking coal industry unless it learns from the failure of the Yellow Pages to adapt. Courtesy: IEEFA … [Read more...]
Uneconomic coal could be squeezed out of European Union power markets by 2030
Coalâs time is running out in Europe: deteriorating economics and stronger climate policies will soon make coal uneconomic, writes Silvio Marcacci of think tank Energy Innovation. Many European countries have already set an end date for coal power, utilities and investors are shifting away from it. The question is not if coal will lose, but when, and how well-managed its exit will be. … [Read more...]
Europe needs a fresh approach to climate strategy
The EU needs a new approach to long-term climate strategy to ensure that EU climate policy is brought in line with the goals of Paris and takes into account recent technological and political changes, write Andrei Marcu of the International Centre for Trade and Sustainable Development (ICTSD) and Georg Zachmann of think tank Bruegel. According to Marcu and Zachmann, climate policy can only succeed if it does not come out of a bureaucratic âblack … [Read more...]
Decarbonising heavy industry can’t be done without large-scale CCS effort
The decarbonisation will require a profound transformation, writes David Hone, Chief Climate Change Advisor at Shell. Shellâs Sky climate scenario shows it can't be done without large-scale carbon capture and storage (CCS). A new initiative should boost progress on CCS. … [Read more...]
Europe aims to have 300 smart cities by end of next year
With the help of the Smart Cities and Communities European Innovation Partnership (EIP SCC), 78 cities in Europe have undertaken smart city development. The EIP-SCC aims at a critical mass of 300 smart cities by the end of 2019, according to Andreea Strachinescu of the European Commission. The most difficult part, she says, is not the renovation of individual buildings, but the systems integration. The next step: positive energy districts. … [Read more...]
Why there is so much aggressive bidding at renewables auctions â and what the risks are
Renewable energy auctions have seen very low prices in many parts of the world. Why do auctions seem to be so effective in driving down costs â and what are the risks? Ana Amazo-Blanco, Silvana Tiedemann of Navigant[1], and Dr. Stephen Tay and Monika Bieri of SERIS looked at a solar PV rooftop auction in Singapore and an offshore wind auction in Germany to discover the key factors behind the bids and suggest how project developers can make sure … [Read more...]
Has the European Commission tamed the Russian gas bear?
The European Commissionâs decision on 24 May to impose âbinding obligations on Gazprom to enable free flow of gas at competitive pricesâ â but no fine â is seen by some observers as a victory for Gazprom. Others take a more positive view. Meanwhile, a new report from IHS Markit claims Europe is on the point of becoming fully integrated into the global gas market, making worries about dependence on Russian gas â and Nord Stream 2 â unnecessary. … [Read more...]
Commissionâs gas market proposal is an attempt to gain more control of energy policy
The European Commissionâs proposed amendment to the Gas Directive is viewed by many as an attempt to block Nord Stream 2. But according to Danila Bochkarev, Senior Fellow, EastWest Institute, the Commission is thinking further ahead: it is using the proposal to try to increase its power over the EU energy market. … [Read more...]
Electric buses can save local governments billions – China’s showing how it’s done
New York, Los Angeles, San Francisco - America's largest cities are switching their entire bus fleets from diesel to electric. They will save money in the long run, but how to overcome upfront financing hurdles? According to Silvio Marcacci of think tank Energy Innovation, Shenzhen in China, which has the world's first 100% all-electric bus fleet, provides useful lessons. Â … [Read more...]
A common goal for all sustainability advocates
Nothing is better for fossil fuel interests than current government policies supporting wind, solar and electric cars, writes independent researcher Schalk Cloete. These green technologies won't reduce fossil fuel consumption sufficiently for a long time to come, so the fossil fuel sector will be able to survive that much longer. In the third and last part of a series on green technology-forcing, Cloete calls on all sustainability advocates to … [Read more...]
If solar panels are so clean, why do they produce so much toxic waste?
The disposal of used solar panels is a huge and growing problem that is not being sufficiently addressed, writes Michael Shellenberger, founder of the pro-nuclear citizens movement Environmental Progress (EP). He argues that a fee should be imposed on solar panels which should go into a fund to pay for recyling and clean-up. … [Read more...]
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