Shell scenarios show that the rate of electrification of the energy system needs to triple over the coming years to achieve the Paris goals. This is a much more challenging task than most people realize, writes David Hone, Chief Climate Change Advisor for Shell. … [Read more...]
Trading biomass like oil: Lithuania shows how it can be done
European biomass markets are fragmented and intransparent, writes Jakub Kucera, economic analyst at RSJ, a Prague-based investment company. With one exception: Lithuania has a well-functioning biomass spot market, Baltpool. Could this become a model for other European countries? The Lithuanians would like to expand. … [Read more...]
A dangerous energy policy: Ukraine, despite war, is making itself dependent on Russian oil
When it comes to Ukrainian dependence on Russian energy, the spotlight is usually on natural gas. Here Ukraine has made unprecedented progress, writes Wojciech KonoĹ„czuk, analyst at the Centre for Eastern Studies (OSW) in Warsaw. But what few observers notice, KonoĹ„czuk adds, is that as a result of corruption and neglect Ukraine has let its domestic oil refining industry decay and has become critically dependent on Russian diesel and LPG … [Read more...]
Here are the results from Brussels: energy efficiency zero points
The results of the European Council’s proposals on energy efficiency are in: they will reduce the current EU energy efficiency target from 1.5% per year to less than half of that. That is, in the most optimistic scenario. In a worst-case scenario, the target could plummet to 0.04%, writes Jan Rosenow of the Regulatory Assistance Project (RAP). According to Rosenow, this will make it nearly impossible for the EU to deliver on "Paris". … [Read more...]
The perils of falling in love with energy technology
Renewable energy and fossil fuel advocates have one thing in common – an unhealthy tendency to fall in love with a particular energy technology, writes Hal Harvey, founder and CEO of think tank Energy Innovation. Policymakers for their part often fall in love with particular policies. But according to Harvey, what matters is setting ambitious goals, adopting policies that reward performance and let the dynamics of the market work out how to get … [Read more...]
How electricity will be priced in the future
The rapid transformation of the electricity sector will make it necessary for utilities to adopt radically new pricing methods, writes Fereidoon Sioshansi, publisher of newsletter EEnergy Informer and editor of a new book, Innovation & Disruption at the Grid’s Edge. According to Sioshansi, existing volumetric tariffs will increasingly be replaced by fixed service fees. … [Read more...]
Nuclear and coal lobbies threaten to scupper renewables in South Africa
South Arica’s state utility Eskom is undermining the development of renewable energy in South Africa, writes Professor Hartmut Winkler of the University of Johannesburg. According to Winkler, the country’s coal and nuclear lobbies are behind the opposition to renewables. The struggle is part of a wider political confrontation over control of key parts of the South African economy. Courtesy The Conversation. … [Read more...]
The renewable energy auction revolution
What’s up with record low renewable energy prices? Policy innovation is key to harnessing renewable energy potential, writes Meredith Fowlie, Assistant Professor of Agriculture and Resource Economics at the University of California at Berkeley. Article courtesy Energy Institute Blog, Energy Institute at Haas School of Business. … [Read more...]
Trends in electricity prices in Europe: expect more volatility
Electricity prices in Europe will become volatile, variable renewable energy will grow but will still be supplemented significantly by conventional power plants. These are of some of the main outcomes of the power price scenario EU Energy Outlook 2050, released by Energy Brainpool. One of the major question marks for the power sector will be the development of e-mobility, write Carlos Perez-Linkenheil and Simon Göß. … [Read more...]
Legal challenge to Spain’s capacity market payments well-founded
Two Spanish NGO’s have started a court case against Spain’s capacity market scheme, which they say unnecessarily subsidizes operators of large power plants for billions of euros. Gerard Wynn, independent energy consultant, explains why their arguments are well-founded. According to Wynn, Spain’s capacity mechanism violates EU rules and should be scrapped as soon as possible. This article was first published on the blog of the Institute for Energy … [Read more...]
Europe’s growth rate in offshore wind must triple to get Paris goals into reach
To support the Paris Agreement’s goal of limiting temperature increase to 1.5°C, Europe will need a CO2-neutral electricity supply by 2045. A target we cannot meet unless we ramp up Europe’s offshore wind capacity, says Michiel MĂĽller from consultancy Ecofys, a Navigant company. The company’s energy experts calculated that the current offshore wind installation rate would have to triple to get this goal within reach. They argue that an integrated … [Read more...]
Carbon capture and storage: too expensive for reducing power sector emissions
The hope that carbon capture and storage (CCS) can ever play a significant role in the reduction of power sector emissions is misplaced, write Jeffrey Rissman and Robbie Orvis of Energy Innovation, a San Francisco-based energy and environmental policy think tank. Coal-fired power is already more expensive than unsubsidized onshore wind and solar PV. Adding CCS will only increase this gap. The subsidies required to bring CCS costs in line with … [Read more...]
Energy wonks have a meltdown over the US going 100 percent renewable. Why?
In the U.S. a furious debate has erupted among academic energy experts about whether the country could run 100% on renewable energy. Joshua D. Rhodes, Postdoctoral Researcher of Energy at the University of Texas, Austin, explains what is going on and offers some thoughts of his own. Courtesy The Conversation. … [Read more...]
Finkel Review, blueprint for Australia’s electricity market: “the real work has still to be done”
The blueprint for Australia’s future electricity market released recently by Australia’s chief scientist Alan Finkel pleases some but not all market watchers, writes Fereidoon Sioshansi, publisher of the newsletter EEnergy Informer. For some critics, the real work on climate and energy policy in Australia has still to be done. … [Read more...]
How much do ultra-supercritical coal plants really reduce air pollution?
The coal industry and some power utilities have been talking up the supposed benefits of ultra-supercritical power plants – leading some decision-makers and commentators to mistakenly believe that the choice of ultra-supercritical technology for a power plant will substantially mitigate air pollution and carbon dioxide emissions, writes Lauri Myllyvirta of Greenpeace East Asia. Courtesy Reneweconomy.com … [Read more...]
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