BPâs latest long term outlook for the energy sector looks particularly unrealistic in its projection of a âmost likelyâ case of almost no uptake of electric vehicles by 2035, writes independent energy expert Adam Whitmore. According to Whitmore, even very moderate assumptions lead to substantially higher growth rates for EVs. … [Read more...]
BP says not to worry, good times will return
Aside from minor adjustments, BPâs latest Energy Outlook is mostly business-as-usual, writes Fereidoon Sionshansi, president of Menlo Energy Economics and publisher of the newsletter EEnergy Informer. BP seems to have missed out entirely on the agreement reached in Paris in December 2015, as if it did not happen, notes Sionshansi: "The Outlook seems more of a wish list than a forecast." … [Read more...]
Exxonâs never-ending big dig
ExxonMobil not only appears to have ignored its own scientists when they warned about the dangers of greenhouse gas emissions in the 1980s, the company even took advantage of its inside knowledge by leasing large tracts for Arctic oil exploration, writes famous author and activist Bill McKibben in a revealing essay. What is worse, says McKibben, is that even today Exxon continues to spend billions finding and producing ever more fossil fuels. But … [Read more...]
Wind top new power capacity source in Europe
In 2015 12,800 MW of new wind power capacity was installed in the EU, an increase of 6.3% over 2014, and more than any other form of power generation, according to recent new figures from the European Wind Energy Association (EWEA). Wind power accounted for over 44% of total power capacity installations in the EU last year. … [Read more...]
World Energy Council: unconventional gas will conquer the world
The growth of unconventional gas is spreading across the world with major implications over many years for markets and prices according to a new World Energy Council study âUnconventional gas, a global phenomenonâ. The report notes that many countries have similar shale gas potential to the US and predicts an âaccelerated spreadâ across the world. … [Read more...]
Chinaâs electricity mix: changing so fast that CO2 emissions may have peaked
China installed a world record of 32.5 gigawatts (GW) of wind power last year, and a world record 18.3 GW of solar power, according to official figures from the National Bureau of Statistics of China on 29 February. Coal consumption fell 3.7%, nuclear power grew 30% and natural gas 3.3%. These trends mark a rapid diversification of Chinaâs electricity generation capacity with reduced dominance of coal. Some even believe Chinaâs CO2-emissions have … [Read more...]
Robert Johnston, CEO Eurasia Group: âTake a seat at the table and advocate for gasâ
The big question in the energy sector today is whether the world will move to a zero-carbon policy in which fossil fuels have no place, or a world in which natural gas is part of the solution, says Robert Johnston, CEO of US-based consulting firm Eurasia Group, in an interview with World Energy Focus. Johnston advises companies to âtake a seat at the policy table and advocate for gasâ to counter âgrowing demands to exclude natural gasâ. … [Read more...]
Corporate interest in green energy requires new thinking from electric utilities
Corporate America is going green, writes Dennis Wamsted. Electricity companies had better take notice: they can offer their customers what they ask for - or watch them contract for it on their own. … [Read more...]
Europeâs energy investment crisis: âthe EU energy market needs a makeoverâ
Europeâs electricity market, which has some of the highest renewable energy shares in the world, is suffering from a profound investment crisis. Sonja van Renssen spoke with top experts from government, business and academia about the causes and possible solutions. Conclusion: âtinkering around the edgesâ wonât do - âa complete makeoverâ of Europeâs market design is needed. Courtesy of World Energy Focus. … [Read more...]
What comes after solar PV? BIPV
The time of ugly solar panels is over. Make way for building-integrated photovoltaics. Fereidoon Sioshansi, president of Menlo Energy Economics and publisher of the newsletter EEnergy Informer, notes that BIPV not only look stunningly better, they also reduce costs. They can even lead to energy-producing buildings. … [Read more...]
Four trends to watch in US renewable energy finance in the US
Dan Scripps of Advanced Energy Perspectives, describes the four major trends taking place in renewable energy finance in the US. Green Banks are scaling up, Yieldcos are shaping, green philanthropy is on the rise and energy efficiency investments are picking up. … [Read more...]
Why the next generation of nuclear energy technology innovation wonât be like the last one
Changes are taking place in the industrial world that will shape the future of the nuclear industry. The US nuclear industry is in many ways still rooted in the past, writes Dan Yurman on his blog Neutron Bytes. He discusses a number of ways in which the industry could connect up to what is called âthe Fourth Industrial Revolutionâ. … [Read more...]
viEUws video: Brussels Briefing on Energy for February 2016
In this latest Brussels Briefing on Energy, journalist Hughes Belin introduces the European Commission's "winter package" on energy security. This is the first real test of the European Energy Union. He describes two sensitive legislative proposals to give the Commission more scrutiny powers over intergovernmental agreements on energy and to improve gas security of supply through more reverse flows, a regional approach and a new solidarity … [Read more...]
Biofuels are back on the EU agenda
Biofuels are returning to the political agenda in Europe as EU policymakers start to shape a strategy for reducing greenhouse gas emissions from transport after 2020. Biofuels producers continue to argue that they are an essential part of the solution, even as the low oil price puts an end to several cutting-edge projects, the European Commission prepares to publish a new report about indirect land-use change (ILUC) and some stakeholders urge a … [Read more...]
EU insists energy security is about more than gas
âWhen it comes to energy security in the long term, there is no better antidote than focusing on sustainable energy,â said EU Climate and Energy Commissioner Miguel Arias Cañete at the launch of a new EU energy security master plan in Brussels on 16 February. The Commission defended its proposals â which focus on safeguarding gas supplies â as an aid to moving Europe along to a low-carbon economy as well as preparing it for possible supply … [Read more...]
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