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...]
US Shale Gas (II): Get ready for the Great Natural Gas Switch
Cheap natural gas means Americans can buy the equivalent of a barrel of crude for $35. That's the exciting reality that has Ron Muhlenkamp, founder and portfolio manager of Muhlenkamp & Co. Inc., putting his investment dollars behind the next great fuel switch, this time in the transportation sector. As Muhlenkamp tells Tom Armistead of The Energy Report, the Great Natural Gas Switch in the US has only just begun. This is part Two of a … [Read more...]
US Shale Gas (I): It’s not what it’s cracked up to be
Shale gas is not the foundation of U.S. energy security that conventional wisdom claims it is, says Bill Powers in this interview with Tom Amistead of The Energy Report. As shale gas peters out, the law of supply and demand will drive gas prices up, says Powers,an independent analyst and author of "Cold, Hungry and in the Dark: Exploding the Natural Gas Supply Myth." This interview is part One of a two-part series. In part Two investment analyst … [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...]
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...]
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...]
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...]
The energy efficiency credibility gap: does EU funding really pay off?
Powerful lobbying has ensured that energy efficiency is high on the political agenda. With up to €23 billion available in a new round of EU funding, there is ample capital at the disposal of Member States to undertake energy efficiency retrofit programs. The question is: will countries be able to spend this money wisely? In a previous round of funding, energy efficiency programs were deemed ineffective. This time Brussels has imposed new … [Read more...]
How the Iraqi oil surge will change the global energy landscape
Iraq is returning to an energy market which is radically different than the one it was forced to leave years ago, and its OPEC partners now also have a different view on Iraq’s participation. A new paper by Sammy Six and Lucia van Geuns of the Clingendael International Energy Programme (CIEP) assesses how current market developments impact the strategic position of Iraq - and vice versa: how Iraq is likely to impact the global oil market. The … [Read more...]
VIDEO: “Special rules needed for energy intensive industries”, argues E.ON CEO
Sonja van Renssen, leading environment and climate journalist at viEUws.eu, is joined by Dr. Johannes Teyssen, CEO of E.ON and President of Eurelectric to discuss the potential for competitivenesswithin the 2030 Energy and Climate Framework. Dr. Johannes Teyssen argues that competitiveness and the 2030 climate and energy strategy are not contradicting each other: “If climate policy is implemented efficiently, it can go alongside … [Read more...]
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