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...]
A carbon pricing scheme that works
The UKâs carbon price floor mechanism has proved very effective at securing cost-effective emissions reductions, writes energy and climate change economist Adam Whitmore. It offers lessons for other carbon pricing schemes, such as the EU Emission Trading System. … [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...]
India wants to become a solar superpower â but its plans donât add up
India aims to build 1 terrawatt of global solar power â four times the current worldwide total â and become a 100% electric vehicle nation by 2030. Those are great ambitions, but they still far short from what is needed for a true energy transformation away from coal, writes DĂ©nes Scala of Lancaster University. Courtesy of The Conversation. … [Read more...]
Why the future belongs to decentralised renewables, not centralised hydrogen and giga-scale nuclear
What the future of our energy system will look like continues to be a subject of heated debate. According to one well-established tradition, writes Professor John Mathews of Macquarie University in Australia, the route to decarbonisation will run via massive nuclear power systems to the hydrogen economy. But China and to some extent India are emerging as the principal practitioners of an alternative vision of energy growth, underpinning their … [Read more...]
IEA in the Age of Trump: policies will determine where we go from here
The most important message from the 2016 edition of the annual World Energy Outlook, the International Energy Agencyâs (IEA) flagship publication released today, is that âpolicies will determine where we go from hereâ. âParisâ has given the international energy sector âa new sense of directionâ, notes the IEA. But much stronger policies are needed to keep global warming limited to 2 degrees Celsius, it adds. Its message takes on extra importance … [Read more...]
Europeâs renewable transport targets need biofuels, they canât be met with EVs alone
The decarbonisation of the transport sector presents a huge challenge for Europe, writes Paul Deane of the Environmental Research Institute in University College Cork, Ireland. Many people believe electric vehicles (EVs) are the answer, but according to Deane biofuels will need to deliver most of the targets for the time being. âEVs will have their day but it may be further down the road than we hoped.â … [Read more...]
We canât simply bet on renewable energy to stop global warming
Simply switching to renewables alone will not solve the climate change problem, writes Steffen Böhm, Professor in Organisation and Sustainability at the University of Exeter. We need to start removing carbon from the atmosphere. And we need to tackle the demand side. We cannot simply assume that relentless economic growth is compatible with a green future. Courtesy of The Conversation. … [Read more...]
Oil companiesâ climate initiative lacks initiative
The Oil and Gas Climate Initiative (OGCI) formed by ten of the worldâs largest oil companies including Shell, BP, Total, Statoil and Saudi Aramco, has announced it will spend $1 billion over the next ten years âto accelerate the development of innovative low-emission technologiesâ. According to Stuart Haszeldine, Professor of Carbon Capture and Storage, at the University of Edinburgh, this is âsmall change compared to the size of the problem. … [Read more...]
The Nordic countries on Nord Stream 2: between scepticism and neutrality
Sweden, Finland and Denmark are unlikely to block or slow down the procedures of issuing national approvals for the construction of Nord Stream 2, write Justyna Gotkowska and Piotr Szymaáč ski of OSW, the Centre for Eastern Studies, in Poland. But according to the authors the Nordic countries do expect the European Commission to assess the compliance of Nord Stream 2 with the EUâs Third Energy Package. In addition, Stockholm and Copenhagen in … [Read more...]
Why most âgreenâ electricity in Europe isnât green
Brussels is on course to deliver a big shake-up of the EUâs energy markets this December by trying to put consumers in the driving seat of the energy transition. Millions of consumers have already made the switch to âgreenâ electricity tariffs. Or so they think. But these tariffs are misleading and consumers are, in many cases, actually supporting fossil fuels or nuclear plants which are hidden behind a green façade, writes Jörg MĂŒhlenhoff, … [Read more...]
Who is afraid of Nord Stream 2?
Nord Stream 2, the new gas pipeline that Gazprom is planning to build from Russia through the Baltic Sea to Germany, has been criticised for reducing Europeâs diversification of energy sources and energy security. But according to Energy Postâs editor in chief Karel Beckman, the EU should welcome the pipeline, despite deteriorating relations with Russia. According to Beckman, Nord Stream 2 has a sound economic rationale behind it and the EUâs … [Read more...]
The Energiewende is running up against its limits
German transmission system operator Tennet recently announced an 80% increase in its transmission fees because of the high construction costs of new power lines to accommodate renewable energy. A study of the DĂŒsseldorf Institute for Competition Economics found that by 2025 costs of the Energiewende could exceed âŹ25,000 for an average four-person household. Jeffrey Michel concludes that the Energiewende is running up against its limits â but may … [Read more...]
Demand response can drastically lower energy bills â if suppliers donât get âcompensatedâ
New research commissioned by the Regulatory Assistance Project (RAP) finds that demand flexibility can save many billions of euros in electricity costs. As the European Commission is pondering the design of a new and interconnected energy market for Europe, it needs to make sure these benefits are realised, writes Phil Baker, Senior Advisor at RAP. Brussels should resist calls to âcompensateâ energy suppliers for perceived losses as a result of … [Read more...]
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