By embracing conservation measures and renewable energy, China can transition to an 80 percent renewable electric power system by 2050 at far less cost than continuing to rely on coal, according to a new report from WWF-US. As a result, China’s carbon emissions from power generation could be 90 percent less than currently projected levels in 2050 without compromising the reliability of the electric grid or slowing economic growth. The … [Read more...]
HSBC: EU’s new climate policy unambitious, bad news for renewables
Europe’s climate policy proposals reflect the lowest level of ambition required to keep global warming at 2°C, while its goals on renewable energy are “disappointing” and bad news for the industry, according to a new report by banking giant HSBC. The report also sees “increasing downside risks” for offshore wind. Sophie Vorrath of Reneweconomy.com.au has the story. … [Read more...]
Energy efficiency: how to make it work
The Germans do it with public money and labelling. The Americans do it with private capital and asset-backed securitisation. The Emirati’s do it with education and information. A recent expert debate at the World Future Energy Summit in Abu Dhabi made it clear that stepping up energy efficiency is crucially important – but that there is no-one-size-fits-all solution. … [Read more...]
EU’s global cleantech leadership at risk
The EU still leads the world in clean energy technologies, but for how long? In 2012, 70% of new wind power capacity and 40% of new photovoltaic panels were installed outside Europe. Brussels has shied away from new national renewables targets in its 2030 climate and energy proposals. It is preparing fresh rules on state aid that will disadvantage less mature technologies such as offshore wind and solar PV. And the EU internal energy market … [Read more...]
VIDEO: Brussels Briefing on Environment – All you need to know for the month of February 2014
Sonja van Renssen, leading environment journalist at viEUws.eu, provides an overview of the latest developments in the field of European Environment Policy. Topics discussed include: - The 2030 Climate & Energy Framework (greenhouse gas emissions, renewables & energy efficiency) - Green light for first reform to the EU Emission Trading Scheme (ETS) - The proposal for market stability reserve - Member states negotiating over how … [Read more...]
Interview IEA Director Maria van der Hoeven: “Expansion of gas use no panacea for climate change”
Maria van der Hoeven, Executive Director of the International Energy Agency (IEA) believes that unconventional gas can be produced in an environmentally acceptable way, but warns that an expansion of gas alone “is no panacea for climate change”. In an interview with James Stafford, editor of Oilprice.com, Van der Hoeven discusses a wide range of important energy issues, ranging from the role of gas, renewables and nuclear power to the necessity … [Read more...]
Why utilities should embrace electric cars
Navigant Research has recently published an interesting article by Scott Shepard on what the growth of electric vehicles in the US means for utiltiies. Shepard concludes that they represent more opportunities to utilities than problems. Schepard notes that "according to the Energy Information Administration’s latest Residential Energy Consumption Survey (RECS), the average U.S. household consumed 11,321 kilowatt-hours (kWh) of electricity in … [Read more...]
India’s quest for energy: nuclear power & other greener options
India has been among the world's fastest growing economies for the past two decades. The country continues to lead not only in growth but also in energy demand growth. India wants to meet its growing energy demands first of all through expanding its nuclear sector and secondly by the development of other “greener” options. Ritwik Mukherjee, editor of the Indian energy journal Energy Ensemble, discusses the challenges faced by India and the … [Read more...]
Cost of “zero carbon building” drops by half in UK
New analysis produced by Sweett Group for the Zero Carbon Hub, a non-profit association in the UK, shows that “the additional costs associated with building to the proposed Zero Carbon Standard in the UK have declined significantly since 2011, and are expected to continue to fall as we approach 2020.” In a press release the Zero Carbon Hub states that the key findings of the new research are that: At today’s prices, the typical additional … [Read more...]
The four “gamechangers” of the energy sector
Are we headed for a Solar Power Revolution, as many investment analysts are claiming? According to Energy Post editor Karel Beckman, we undoubtedly are. Just as we are headed for a Coal Revolution. And a Nuclear Revolution. And a Shale Revolution. Welcome to the world of energy “gamechangers”. … [Read more...]
Wind power will keep growing despite poor infrastructure
With wind power technology gaining increased popularity and institutional support from across the world, the wind turbine towers market is expected to increase from $12.1 billion in 2013 to $19.3 billion by 2020, at a Compound Annual Growth Rate (CAGR) of 6.9%, says a new report from research and consulting firm GlobalData. According to the company’s report*, China had the largest amount of wind turbine towers installed in 2013, reaching a … [Read more...]
Interview: David Walker, CEO DNV GL-Energy : “Renewable industry should drive down costs”
Renewable energy has the future, but the industry has to do all it can to drive down costs. Technologies like offshore wind and energy storage, but also smaller scale renewables, are still “quite expensive”, says David Walker, CEO of DNV GL-Energy, one of the four business units of DNV GL, the new certification and consultancy giant that emerged last year out of the merger between DNV of Norway, GL of Germany and KEMA of the Netherlands. Walker, … [Read more...]
VIDEO: Brussels Briefing on Energy – All you need to know for the month of February 2014
Hughes Belin, leading journalist at viEUws.eu, provides an overview of the European Union’s most pressing energy issues: - The 2030 Climate & Energy Framework (emission reduction and renewables target) - Postponed measures on energy efficiency - Coming up: the European Council will discuss the Commission’s proposals on the 2030 Climate & Energy Framework on March 20 and 21 - Outcome of the reports on the drivers of energy costs and … [Read more...]
Masdar, Abu Dhabi and the future of our global energy system
Abu Dhabi likes to see itself as a global capital of renewable energy – but its ventures into sustainability are built on oil riches, which the country is not prepared to give up. Hypocritical? Perhaps, but it’s a hypocrisy shared by the rest of the world. Most countries and companies are pursuing an energy transformation which at the same time they are kicking down the road. And yet, writes Energy Post editor Karel Beckman in a reflective essay … [Read more...]
How to integrate PV into the grid
The Europe-wide PV GRID consortium has released a consultation document containing key recommendations for the adoption of technical solutions to ease the integration of photovoltaics (PV) into the distribution grid. Over the next three months, fifteen national workshops will take place throughout Europe presenting and discussing the project's findings. Since May 2012, the PV GRID project consortium has been working on identifying and … [Read more...]
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