Yet again, an expert – this time, a German – has announced that Germany’s energy transition cannot succeed. He has a surprising insight for Energiewende proponents: the sun doesn’t always shine and the wind doesn’t always blow. How could we have missed that, wonders award-winning energy author Craig Morris? Courtesy Energy Transition/Global Energiewende. … [Read more...]
A short guide to greening your energy supply
A growing number of companies are committed to greening their energy supply. But is it better for businesses to buy clean energy or to invest in producing it themselves?  Benedict de Meulemeester, Managing Director of Brussels-based E&C Consultants, discusses the pros and cons of different options and concludes that it may be a good idea to go all the way. … [Read more...]
Carbon capture and use – how climate friendly is it?
The energy industry is increasingly interested in carbon capture and use (CCU) as an alternative to carbon capture and storage (CCS), writes David Hone, Chief Climate Change Advisor at Royal Dutch Shell. But according to Hone, these are two quite different processes, and work still needs to be done to establish the climate credentials of CCU. … [Read more...]
Emad Ghaly, CEO Siemens Egypt: “Egypt’s electricity challenges are solved for good”
Siemens is ahead of schedule in delivering on its single biggest order ever: a trio of the world’s largest gas-fired combined cycle power plants that will increase Egypt’s power production capacity by nearly 45% by 2018. In this exclusive interview, the CEO of Siemens Egypt, Emad Ghaly, explains what and how the company has delivered so far, what’s next, and why this is history in the making for both company and country. … [Read more...]
Who needs the Southern Gas Corridor?
In its dogged pursuit of the Southern Gas Corridor, the European Commission is shutting its eyes to the human rights record of the Azerbaijani regime, writes Anna Roggenbuck, policy officer at CEE Bankwatch Network. According to Roggenbuck, there is no justification for this massive gas pipeline project, since it is also bad for the climate and, as recent events show, will not even help reduce Europe’s dependency on Russian gas.  … [Read more...]
The nuclear industry must change — or die
The nuclear sector in the West has brought the current crisis partly upon itself by doing the exact opposite of what is known to work in industry, writes Michael Shellenberger. To survive, it must embark on a radical new course: create one company, comparable to Boeing or Airbus in the aircraft sector, that will develop a standardized, efficient reactor design. At the same time, governments should work together to increase confidence in the … [Read more...]
Exclusive interview/ sneak preview: energy transition architect Claude Turmes tells inside story of EU energy policy
Green MEP Claude Turmes has led some of Europe’s key energy and climate policy reforms since 2000. Now for the first time in a book, which will be launched in Brussels on 1 March, he explains how and why Brussels has pioneered - and obstructed - the energy transition in Europe. In an exclusive interview and sneak preview with Energy Post, Turmes gives an insider account of dreams, lobbies, and political, economic and social realities. This book … [Read more...]
How nuclear safety undermines nuclear economics
Failed EPR and AP1000 reactor projects have brought giant energy companies to their knees, and even pro-nuclear lobbyists now acknowledge that the industry is in crisis. Jim Green, editor of the Nuclear Monitor newsletter, takes stock of the crisis in the global nuclear sector and concludes that the industry's likely response, a retreat from post-Fukushima efforts to strengthen safety standards, risks making a bad situation worse. … [Read more...]
Energy Union should shift focus from energy to climate
The EU is trying to improve its energy security by building more infrastructure to facilitate gas imports, but the concentration of its gas suppliers keeps increasing, write Stefan Bößner and Douglas Fraser of the Stockholm Environment Institute. According to Bößner and Fraser, it makes more sense to shift the focus of EU energy policy to creating a low-carbon energy system. That will not only help Europe meet its climate targets, but also … [Read more...]
70% of oil and gas companies have been hacked – and the threat is growing
A survey from Siemens with the Ponemon Institute shows that most oil and gas companies were hacked last year, writes Judy Marks, CEO of Siemens USA. Data is being compromised and supplies are getting stolen, but most companies are still not taking adequate action. Marks explains how companies may protect themselves. … [Read more...]
How not to squander $130 trillion – a proposal to put carbon money in wealth funds
The proceeds from carbon pricing should be used to establish wealth funds from which current and future citizens can benefit, proposes energy and climate change economist Adam Whitmore. As all people have equal rights to the atmosphere, all should benefit from the use of this unique resource. … [Read more...]
Toshiba in crisis – US nuclear revival ends almost before it starts
With Toshiba in a deep crisis over a massive writedown on its troubled US nuclear subsidiary, Westinghouse Electric, the US nuclear renaissance, which started five years ago, looks to be over already. Independent energy author Dennis Wamsted explains what went wrong. … [Read more...]
Exclusive – Klaus Shäfer, CEO Uniper: “Security of supply is too important to leave to the market”
The market on its own cannot be relied upon to deliver secure electricity and gas supplies, says Klaus Schäfer, CEO of Eon-spin-off Uniper, in an exclusive interview with Energy Post. According to Schäfer, it will become “dramatically more difficult” to balance the power market as the share of renewables increases. He also sees the gas market becoming “more and more complex” and argues policymakers should establish minimum requirements for gas … [Read more...]
Donald Trump’s China First, Russia Second, America Third foreign policy
By letting his foreign policy be governed by a simplistic “America First” principle, Donald Trump is achieving the exact opposite of what he intends. His way of putting America First, is enabling China and Russia to position themselves as the paramount nations on the world stage, writes energy and foreign policy specialist Michael Klare. Courtesy of Tomdispatch. … [Read more...]
The $200 billion fossil fuel subsidy you’ve never heard of
In the United States, the official “social cost of carbon” (SCC) enters into many rules and regulations, such as fuel economy standards. According to Amir Jina, the SCC, which currently is calculated to be $36 per ton, shows that the U.S. fossil fuel sector gets $200 billion a year in hidden subsidies. The government should use the SCC to increase the carbon price, argues Jina, but the Trump administration is hardly inclined to do so. First … [Read more...]
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