Complaints about the high costs of the Energiewende are misguided. The primary reason German users pay high electricity prices is not the government’s support scheme for renewable energy. It is rather the fact that energy suppliers are not passing on to consumers the large drop in wholesale prices that results from the rapidly expanding wind and solar generation capacity. This is evident from an analysis of German prices. A similar situation … [Read more...]
After the goldrush: Japan’s second solar boom
A first gold rush driven by generous subsidies led to an uncontrolled boom in solar power projects in Japan, of which, however, only a very small percentage actually got built. Now, however, the government has taken charge and serious developers are entering the market. The liberalisation of the Japanese retail market in 2016 is expected to give another boost to solar power, as consumers will likely drive demand for renewable energy. The Japanese … [Read more...]
Biomass: the hidden face of the Energiewende
When people think about the “energy transition” in Germany and elsewhere, they tend to think of the success of solar and wind power. However, of all forms of renewable energy it is biomass that has seen the largest absolute growth and supplies by far the most renewable energy, writes Robert Wilson. In Germany biomass has grown three times as much as wind and solar combined. 17% of the country’s arable land (6% of total land) is now devoted to … [Read more...]
Clean energy investment picks up in first quarter after stagnation last year
Clean Energy Pipeline,  “the online financial news and data service dedicated to the clean energy sector”, reports that “new investment in the global clean energy sector totalled $61.0 billion in 1Q14, representing a 14% increase on the $53.4 billion invested in the corresponding period in 2013." “New clean energy investment was encouraging in 1Q14, marking a welcome change from recent press releases where we have been reporting year-on-year … [Read more...]
The Age of Renewables has begun – as solar power continues to shoot down the cost curve
A new report by investment analysts from Citigroup says that in the US “the Age of Renewables” has begun. This is confirmed by the most recent public announcements from First Solar and SunPower, two of the largest solar power producers in the US, which both continue to see solar costs coming down rapdily. Analysts from McKinsey have become convinced that the developments in the solar power sector will have a seriously disruptive effect on the … [Read more...]
Interview Volker Quaschning: “Nobody can hold back the renewables revolution”
Volker Quaschning, a professor for renewable energies in Berlin and one of the most influential advocates of the “Energiewende” in Germany, is convinced that nuclear and fossil fuel power in Germany will be fully replaced by renewable energies in the not too distant future. The Energiewende, he says, does not even require the support of Germany’s EEG (Erneuerbare-Energien-Gesetz) feed-in law any longer. “The EEG is only needed to accelerate the … [Read more...]
The vision of Peter Terium, CEO of RWE: “We want to be the holistic energy manager of the future”
RWE, the German utility known for its reliance on large lignite, coal and nuclear power stations, and its high CO2 emissions, is undergoing a fundamental transformation. “We want to use our leading market position to take our customers into a new future”, explains RWE’s Dutch CEO Peter Terium in an exclusive interview with Energy Post. “My dream, my vision is that RWE will put solar panels on your roof, a battery in your shed, a heat pump in your … [Read more...]
A peek into the astonishing future of wind power
Start-up companies like Sheerwind, Saphon Energy and Makani (bought by Google) are experimenting with revolutionary wind turbine designs. But for now most of the progress made in the wind power sector comes from more conventional technological innovations, such as lower weight, taller towers, improved blade designs, and better logistics, writes Ari Phillips of ClimateProgress. These R&D efforts have led to a 43% price drop in just a few … [Read more...]
China’s continuing renewable energy revolution: global implications
China’s renewable energy revolution is powering ahead, with the year 2013 marking an important inflection point where the scales tipped more towards electric power generated from water, wind and solar than from fossil fuels and nuclear. This means that its energy security is being enhanced, while carbon emissions from the power sector can be expected to soon start to fall. … [Read more...]
Hamburg commits to fossil fuel beyond 2050
Hamburg was the “European Green Capital of 2011”, but its climate ambitions are overshadowed by a new Vattenfall coal power plant, which will lead to three times higher CO2 emissions than the city has targeted. The case of Hamburg illustrates the difficulties Germany has in making the transition to a low-carbon economy. … [Read more...]
Pursuit of phony energy “security” leads to world of diminishing returns
Policymakers in the US, UK and elsewhere are increasingly receptive to the idea that they should be pursuing unconventional oil and gas and nuclear power in the name of "energy security". But according to John Mathews and Erik Reinert, such a strategy misses an essential point of economic history: relying on commodities retrieved by drilling and mining leads only to stagnation, rising costs and environmental damage. The way to growth, innovation … [Read more...]
VIDEO: Brussels Briefing on Energy – All you need to know for March 2014
Hughes Belin, leading energy journalist at viEUws.eu, provides an overview of the European Union’s most pressing energy issues: - EU Summit: EU-Russia energy relations in light of the recent developments inUkraine. “Economic ties could in this political crisis be the deterrent for escalation, that nuclear was during the Cold War”, says journalist Nicolas Gros-Verheyde from Bruxelles2 (March 20 and 21) - Discussions on energy and climate … [Read more...]
Can Germany survive the Energiewende?
The German Energiewende is a heroic but – as it’s conceived now – increasingly disordered effort for unshackling industrial society from the chains of fossil fuels. Due to mistaken assumptions and unrealistic scheduling, it is now confronted with persistent obstacles. The new Merkel government has introduced some changes, but they won’t be enough to sustain the Energiewende, argues independent energy consultant (and renewable energy sympathizer) … [Read more...]
Schadenfreude about RWE? Think you would have done better?
RWE has posted its first loss since World War II. Everyone – not only proponents of renewables – now claims that the firm's management failed to see how renewables would affect its bottom line. That's true, but even if they had, what should they have done? More importantly, what should they do now? … [Read more...]
European Renewable Energy Council forced into liquidation
An Extraordinary General Assembly of the European Renewable Energy Council (EREC) taking place in Brussels on 6th March decided the “voluntary” dissolution of the non-profit organisation after over a decade of existence. “Yesterday, EREC was forced to decide to go into liquidation mainly due to its high liabilities arising from its lease obligations for the three large office buildings which make up the Renewable Energy House, 63-67 rue … [Read more...]
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