In this Brussels Briefing on Energy for viEUws.eu, journalist Hughes Belin provides an overview of the latest EU energy policy developments, including the latest progress report from the Commission on renewable energy in EUrope and news on European energy security strategy. … [Read more...]
Europe’s energy revolution marches on: one-third of power supply now renewable
Fully one-third of electricity produced in Europe last year came from renewable energy, reports ENTSO-E (the European Network of Transmission System Operators for Electricity). Four years ago this was just 24%. The increased share of renewables has come at the expense of fossil fuels. “There is a revolution taking place”, says Susanne Nies, Corporate Affairs Manager at ENTSO-E. … [Read more...]
Danish offshore wind: it’s getting better all the time
Denmark continues to set the pace in driving down the cost of offshore wind. In its latest tender for 350 MW of near-shore wind farms the maximum price has again been reduced. Danish offshore wind now costs roughly half of what the new nuclear plant at Hinkley in the UK will cost. … [Read more...]
Solar power passes 1% global threshold
Solar power now covers more than 1% of global electricity demand. In three countries in Europe – Italy, Germany and Greece - solar PV supplies more than 7% of electricity demand. This is reported by Solar Power Europe (previously EPIA – European Photovoltaic Industry Association). China is the fastest growing market. Research company GlobalData has adjusted projected new capacity in China for 2015 upwards. … [Read more...]
How Scotland finances its renewables revolution
Scotland has a 100% renewable electricity goal for 2020. Allan Hoffman explains how the Scottish government supports the achievement of this goal financially. He concludes that Scotland may "prove to be an example to the rest of the world as we leave the fossil fuel era and move into the new era of renewable energy". … [Read more...]
The West must do as the Chinese: build renewables systems for energy security and abundance
In the western world renewables are burdened by the idea that they are a moral imperative, essential to fight global warming, writes professor John Mathews. By contrast China is building renewables systems as an economic imperative. Unless Western countries follow the Chinese model and intervene in their economies to build green energy and resource systems, they will continue to be defeated by China. … [Read more...]
The IMF just destroyed the main argument against clean energy
A new report by the International Monetary Fund (IMF) finds that energy (fossil fuel) subsidies are “big and rising”. At the presentation of the report, Vitor Gaspar, Director Fiscal Affairs Department at the IMF, noted that most subsidies go to coal and said the numbers were “shocking”. He added that “eliminating energy subsidies can generate substantial environmental, fiscal and welfare benefits”. Elias Hinckley, strategic adviser at the US law … [Read more...]
“Nuon has no vision of the future of the energy system”
In this instalment of the Power Talk series written by Ph. D. researcher Hendrik Steringa, a staff member who worked for Nuon, the Dutch subsidiary of Vattenfall, tells about the struggle inside the company to develop new business models. "To come up with new business models in sustainable energy is not so difficult. But to come up with financially attractive models is a lot more difficult." … [Read more...]
China can cut out most coal generation by 2050
A new study from the China National Renewable Energy Centre shows that China can rely on renewables for more than 60 percent of its total energy needs, including transportation, by 2050. Electricity could be supplied 85% from renewables and just 7 per cent from coal, writes Bobby Magill of Climate Central. Â But to achieve these targets, China needs to deregulate its electricity markets. … [Read more...]
viEUws VIDEO: Brussels Briefing on Environment – All you need to know for May 2015
In this Brussels Briefing on Environment for viEUws.eu, Sonja van Renssen provides an overview of the latest EU environment policy developments, including the EU ETS reform, the indirect land-use change deal and pollution from medium-sized combustion plants. … [Read more...]
How the Nest thermostat will change the energy market
The Nest thermostat is a deceptively simple piece of technology. But it’s already changing the energy market. It will not only save consumers money, but utilities even more so: it will reduce their need for gas peaker plants substantially, writes Deborah Lawrence, founder of the US consultancy group Energy Policy Forum. … [Read more...]
The exciting changes taking place in Scotland’s energy system
Scotland, despite having some of the EU’s largest fossil fuel reserves, is moving rapidly to an energy system based predominantly on renewable energy, notes energy expert Allan Hoffman, a former senior official at the U.S. Department of Energy, who lives in Scotland part of the time. Renewables are already the biggest single source of electricity – and “there is no reason requiring conventional fossil and nuclear generation in Scotland” in the … [Read more...]
New clean energy investment falls in first quarter 2015
New investment in the global clean energy sector totalled $61.0 billion in Q1 15, a 14% decrease on Q4 14 ($71.3 billion) and a 5% decrease on the corresponding quarter in 2014 ($64.4 billion). … [Read more...]
French government study: 95% renewable power mix cheaper than nuclear and gas
A new French government study shows that the cost to the French consumer of a 100% renewable scenario is more or less equal to a scenario close to today’s, with only 40% renewables. It is yet another instance of leading energy experts asserting that a 100% renewable future is possible, writes Terje Osmundsen, Senior Vice-President of Norwegian independent solar power producer Scatec Solar. … [Read more...]
Clean Disruption: how Silicon Valley will make oil, nuclear, gas, coal obsolete (book review)
In his new book “Clean Disruption of Energy and Transportation”, famous author, lecturer and Silicon Valley entrepreneur Tony Seba predicts that by 2030 all power generation will be solar and wind and all cars will be self-driving electric vehicles. The existing energy industry will be “obliterated”. In a review of the book, JosĂ© Cordeiro, founding energy advisor at Singularity University and Visiting Research Fellow at the Institute of … [Read more...]
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