Russia’s geopolitical strategy, including its intervention in Syria, is all about energy, writes Dalan McEndree of Oilprice.com. According to McEndree, President Putin is aiming to split OPEC into two blocs – the haves (Saudi Arabia, Kuwait, UAE and Qatar) and the have-nots (Iran, Iraq, Libya, Algeria, Venezuela. Nigeria) – with Russia supporting the have-nots. In this way Putin tries to pressure Saudi Arabia to reverse its oil policy, which is … [Read more...]
European Vice-President, Maroš Ĺ efÄŤoviÄŤ, is to present on the 18th of November a first-ever Communication on the State of the Energy Union. Brussels correspondent Hughes Belin also tells us that the Heating & Cooling strategy for Europe is now likely for early next year, and about the Commission’s update on the SET-plan, followed by the informal Energy Council on the 23rd of September. All the details in this month’s Energy Briefing. First … [Read more...]
In a new market report on renewable energy, the International Energy Agency (IEA) notes that renewables will represent “the largest single source of electricity growth over the next five years”, reaching a share of 26% of world power supply in 2020, compared to 22% in 2013. Yet critics say the IEA is still underestimating the speed at which renewables like solar and wind are likely to grow. Energy Post editor Karel Beckman tries to figure out … [Read more...]
Big energy companies are looking to the sharing economy, digitisation, big data, and mega-cities to inspire future revenue streams. In this exclusive interview with Energy Post, Inken Braunschmidt, leader of RWE’s “Innovation Hub” talks about her unique role at the helm of a department that’s not a department. Her job? To think non-utility ideas. Braunschmidt:”We’re really going to the edge of what energy has meant for 100 years.” … [Read more...]
The World Energy Council is launching a new Global Gas Centre in St. Petersburg on 6 October in collaboration with gas companies ENGIE, OMV and Swissgas. These companies have all recently left another gas organisation, the Gas Centre of the UNECE (United Nations Economic Commission for Europe), out of dissatisfaction. In St Petersburg, the Global Gas Centre wants to sign up new members, particularly Gazprom, the current Chair of the UNECE’s Gas … [Read more...]
Vested interests are frustrating the spread of demand response solutions in several EU countries, most of all in Germany, says a senior expert from a leading demand response service provider. According to this expert, established utilities fear demand response solutions because they compete with their own power plants that have traditionally offered flexibility. However, utilities are also increasingly developing their own demand response skills, … [Read more...]
The latest report from Clean Energy Canada, a project of the Centre for Dialogue at Simon Fraser University in Vancouver, British Columbia, shows that the Canadian clean energy sector employs more people than the oilsands sector and attracts more investment than agriculture. But its potential is even greater, writes Roy L. Hales of the Canadian website the EcoReport. … [Read more...]
EU Environment Ministers have agreed the EU’s negotiating position for UN climate talks at COP21 in Paris in December. But COP21 is not the only event keeping the institutions busy, says environment journalist Sonja van Renssen: several reforms and reviews are expected in the coming weeks and months, among which a new circular economy package, and progress on EU ETS reform and the highly controversial NEC directive talks. … [Read more...]
Shell’s departure from the Arctic is a very significant event in the global energy picture, writes Energy Post editor-in-chief Karel Beckman. It is another sign that the End of the Oil Age is in sight. … [Read more...]
China will launch a national emission trading scheme. In a joint US-China climate statement, issued as part of President Xi Jinping’s state visit to the United States, China said its new trading sytem will cover “key industry sectors such as iron and steel, power generation, chemicals, building materials, paper-making, and nonferrous metals”. On The Conversation, four experts react to this news. "How interesting that China the communist country … [Read more...]
New cars, including the Mercedes A, C and E class, BMW 5 series and Peugeot 308, are now swallowing around 50% more fuel than their lab test results reveal, according to new on-the-road results compiled by NGO Transport & Environment (T&E). T&E calls for a comprehensive investigation into both air pollution and fuel economy tests across Europe and a complete overhaul of the testing system. … [Read more...]
US President Obama and Chinese President Xi announced far-reaching new climate policy proposals on 25 September during Xi's state visit in Washington DC. Ahead of the UN Climate Summit (COP21) in Paris in December, they came out with several new pledges in areas such as climate finance and energy efficiency standards. Moreover, China announced the launch of a national emission trading system in 2017 and the implementation of a new green dispatch … [Read more...]
Although oil has experienced an extraordinary price increase over the past few decades, a turning point has now been reached where scarcity, uncertain supply and high prices will be replaced by abundance, undisturbed availability and suppressed price levels in the decades to come, write Roberto F. Aguilera of Curtin University in Australia and Marian Radetzki of LuleĂĄ University of Technology in Sweden. In this article they provide a synopsis of … [Read more...]
The US - and indeed the world - is at a crossroads when it comes to the choice on how we want to provide energy services in the future, writes US energy expert Allan Hoffman. According to Hoffman, the US desperately needs a national energy policy that recognizes the importance of moving to a renewable energy future as quickly as possible. Without such a policy, economic growth, the environment and national security will suffer. … [Read more...]
The world’s leading energy companies and investors, represented by the World Energy Council, have made it crystal clear they consider carbon pricing essential to generate sufficient investment for a low-carbon future, writes Joan MacNaughton, Chair of the World Energy Trilemma project of the World Energy Council. But according to MacNaughton, it is vital that policymakers in Paris don’t just put a price on carbon, but also allow for market … [Read more...]
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