The “as-a-service” business model, which substitutes pay-as-you-go options for ownership  with its high upfront costs, is conquering such diverse sectors as solar panels, digital music and transport. It will also be increasingly applied to energy-efficiency projects, writes Angela Ferrante of US-based financial technology company SparkFund. The long-awaited energy efficiency breakthrough may finally be here. … [Read more...]
Record clean energy investment despite oil price collapse – but Europe stays behind
Clean energy investment surged in China, Africa, the US, Latin America and India in 2015, driving the world total to its highest ever figure, of $328.9bn, up 4% from 2014 and beating the previous record from 2011 by 3%, according to new figures from Bloomberg New Energy Finance. However, Europe was an exception with the lowest clean energy investment since 2006. In other news the International Renewable Energy Agency (IRENA) published a new … [Read more...]
China pushes global renewable capacity beyond 900 GW
China was the world’s leading market across a number of renewable energy technologies in 2015 and helped to drive global renewable installed capacity to an estimated 913.48 Gigawatts (GW), says research and consulting firm GlobalData. … [Read more...]
The electricity network is changing fast – here is where Australia is heading
The Australian electricity sector is changing extremely fast, writes Paul Graham, Chief Economist CSIRO Energy at CSIRO (the Commonwealth Scientific and Industrial Research Organisation) in Australia. CSIRO Energy sees solar and storage costs still dropping rapidly. According to Graham, scenarios under which a third of people may be leaving the grid and 25-45% of electricity will be generated on-site are “plausible”. … [Read more...]
New: renewables can now play important role in industrial development
Thanks to massive cost reduction, renewable energy can now be used by developing countries in their industrial growth strategies, which was unthinkable until recently, writes John Mathews of Macquarie University in Australia in a new publication from UNIDO, "Promoting Climate Resilient Industry". Mathews notes that renewables can help countries expand manufacturing and create jobs, reduce local pollution, increase energy security and reduce … [Read more...]
The Autowende has begun
In the next 60 months the automotive industry will see more change than in the last 60 years, writes entrepreneur Michiel Langezaal. He notes that Asian and US manufacturers are putting massive resources into developing batteries, electric drive trains and solar cells. Nothing like this is happening on a similar scale in Europe. European car and energy companies need to go all-out for the Autowende or Europe will miss out on the next trillion … [Read more...]
Stanford: world can go 100% wind, water, sun by 2050 – and save money
Reneweconomy.com A new analysis from Stanford University has laid out a roadmap for 139 countries to power their economies with solar, wind, and hydro energy by 2050. It says the world can reach 80 per cent WWS (wind, water and sunlight) by 2030 and 100 per cent by 2050 with no impact on economic growth. … [Read more...]
Solar energy costs continue to plunge across the world
(Reneweconomy) Two stunning auction results in India and Chile in the last week have underscored the extraordinary gains that large-scale solar has made against its fossil fuel competitors, writes Giles Parkinson of Reneweconomy.com. Parkinson takes stock of the latest developments in prices for unsubsidised solar energy, based on auctions across the world and comes to pretty spectacular findings. … [Read more...]
Bottlenecks for energy storage in Europe – and how to address them
Energy storage is important for achieving Energy Union goals such as the expansion of renewable energy, decarbonisation, energy security, energy market integration and increased competitiveness. But its deployment is hindered by existing regulations that do not provide a level playing field, write Vincent Swinkels, Bart van der Ree and Sergio Ugarte of SQ Consult. They note that the European electricity system was not designed with energy storage … [Read more...]
Anil Srivastava, CEO LeclanchĂ©, Europe’s battery leader: “Public transport should take the lead in electrification”
LeclanchĂ©, the oldest battery company in the world and the largest lithium battery manufacturer in Europe, has embarked on a special strategy to drive the electrification of transport forward. “We are giving priority to the electrification of buses, ferries, and other mass transport systems”, says CEO Anil Srivastava. “Electrification is much easier to manage for buses that follow regular routes than for passenger cars. And once a standardised … [Read more...]
How cheap can energy storage get? Pretty darn cheap
If current trends hold, the world is on a trajectory to achieving energy storage that will be cheap enough to allow 24/7 clean energy in the next 15-20 years, writes famous author and thinker Ramez Naam. … [Read more...]
Toyota vs. Tesla – can Hydrogen Fuel-Cell Vehicles compete with electric vehicles?
Author: Tony Seba Hydrogen fuel cell vehicles (HFCVs) appear to be making a comeback. But according to author, lecturer and entrepreneur Tony Seba, HFCVs can't compete with electric vehicles. "The hydrogen economy would be a massively wasteful economy that would at best use three to six times more energy than an electric vehicle and solar/wind infrastructure and many times more water than even gasoline uses." … [Read more...]
The UK Government’s delusional energy policy – and what it means for Scotland
The Conservative government in the UK has slashed support for renewables and is going all-out for shale gas and nuclear power. This is setting them on a collision course with devolved administrations in the UK, Scotland most of all, warn Peter Strachan and Alex Russell of Robert Gordon University in Aberdeen and Geraint Ellis of Queen’s University in Belfast. It won’t go over too well at the Paris climate summit either. … [Read more...]
Jean-Luc Dormoy, IT expert and innovator: “Energy companies should disrupt their own business before others do it”
Energy companies can turn the threat of new rivals into an opportunity by taking charge of their own disruption, believes energy and IT entrepreneur Jean-Luc Dormoy. With a background in software, artificial intelligence and energy, Dormoy sets out a model for disruptive innovation inspired by the likes of Google and Uber in this exclusive interview with Energy Post. Dormoy: “IT is changing almost all industries. But IT on its own is not enough. … [Read more...]
New process to gasify sludge and slurry may turn farmers into energy producers
A substantial part of Europe’s sludge and slurry mountain can be converted into gas for electricity production, if a new invention from Finnish company Outotec turns out to be successful. Together with Stuttgart University the company has invented a new drying-and-gasification process that should make this kind of energy production affordable. According to Ludwig Hermann of Outotec, the process has an additional advantage in that it leaves a … [Read more...]
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