There will be no more baseload power in Germany in 2030 and possibly not anywhere in Europe. There is no business case for new nuclear power in Europe. Renewables, not thermal power, should get capacity payments - and be responsible for balancing. These are some of the explosive messages from a new report from the influential German think tank Agora Energiewende, which represents government, industry and NGO's. In an exclusive interview with … [Read more...]
Worldwatch Institute: energy costs rise as national debts grow
Although current oil prices are temporarily low, long-term energy costs are on the rise, reports the Worldwatch Institute in its State of the World 2015 report. The Worldwatch Institute warns that “higher energy costs will have ripple effects through economies built around continued large energy-input requirements”. … [Read more...]
Four reasons for business to follow the Paris process
Most companies pay little attention to the complex processes going on within the UN climate negotiations. There are, however, good reasons why companies should follow the Paris process, write Maarten Neelis and Rolf de Vos of energy consultancy Ecofys, and especially the “intended nationally determined contributions” (INDCs). These provide companies with vital information on how climate policies will develop in different countries and what … [Read more...]
Heaven belongs to us all – the new papal encyclical
With his encyclical "Laudato Si" the Pope has written more than a moral appeal without obligation. He has presented a pioneering political analysis with great explosive power, which will probably determine the public debate on climate change, poverty and inequality for years to come, argues Brigitte Knopf from the Mercator Research Institute on Global Commons and Climate Change. Through her secular eyes the implications of the encyclical become … [Read more...]
viEUws VIDEO: Brussels Briefing on Energy – All you need to know for June 2015
In this Brussels Briefing on Energy for viEUws.eu, journalist Hughes Belin provides an overview of the latest EU energy policy developments, including the latest progress report from the Commission on renewable energy in EUrope and news on European energy security strategy. … [Read more...]
Brussels, don’t leave customer participation in the electricity market to the incumbents!
Consumer participation in the electricity market is essential to make the energy transition possible. However, writes Philip Baker of the Regulatory Assistance Project (RAP), a think-tank specializing in regulatory and market policy, incumbent suppliers cannot be relied upon to make this happen. Â Therefore, the European Commission needs to ensure that new players can enter the market. … [Read more...]
Europe’s energy revolution marches on: one-third of power supply now renewable
Fully one-third of electricity produced in Europe last year came from renewable energy, reports ENTSO-E (the European Network of Transmission System Operators for Electricity). Four years ago this was just 24%. The increased share of renewables has come at the expense of fossil fuels. “There is a revolution taking place”, says Susanne Nies, Corporate Affairs Manager at ENTSO-E. … [Read more...]
As race for Arctic oil and gas reserves heats up, so do the war gamesÂ
On June 15, the U.S. military exercise Northern Edge 2015 got underway in the Arctic. According to award-winning author Dahr Jamail, this will have a massive impact on the pristine Arctic environment. And it’s only the beginning: “As the race heats up for reserves of oil and gas in the melting Arctic, so do the Navy’s war games”. … [Read more...]
Danish offshore wind: it’s getting better all the time
Denmark continues to set the pace in driving down the cost of offshore wind. In its latest tender for 350 MW of near-shore wind farms the maximum price has again been reduced. Danish offshore wind now costs roughly half of what the new nuclear plant at Hinkley in the UK will cost. … [Read more...]
Good luck G7 leaders – we won’t be off fossil fuels by 2100
The most powerful leaders in the West used the G7 summit in Germany to make a big statement on the environment. Their stated goal is to cut carbon emissions by 40% to 70% by 2050 and then end all fossil-fuel use by 2100. They announced a US$100bn (ÂŁ65bn) fund by 2020 comprising public and private money to help smooth the transition. My response to David Cameron, Angela Merkel and the rest is pretty simple: good luck with that. … [Read more...]
The Idiot’s Guide to Running a Country’s Coal Industry … into the Ground
Recent developments in Romania’s coal sector have brought to the public’s attention two textbook examples on how NOT to manage an industry. Anca Mihalache, Senior Analyst with the Bucharest-based Energy Policy Group discusses both cases. … [Read more...]
Canada will find US shale oil revolution hard act to follow
The new edition of the BP Statistical Review of World Energy, just released, reports that the US recorded the largest increase in oil production in the world, surpassing Saudi Arabia, , thanks to its shale revolution. Can Canada follow the US example now that huge new shale oil deposits have been identified in the country’s remote Northwest Territories? Andrew Topf of Oilprice.com reports that the oil may well be there, but the external … [Read more...]
Solar power passes 1% global threshold
Solar power now covers more than 1% of global electricity demand. In three countries in Europe – Italy, Germany and Greece - solar PV supplies more than 7% of electricity demand. This is reported by Solar Power Europe (previously EPIA – European Photovoltaic Industry Association). China is the fastest growing market. Research company GlobalData has adjusted projected new capacity in China for 2015 upwards. … [Read more...]
How Scotland finances its renewables revolution
Scotland has a 100% renewable electricity goal for 2020. Allan Hoffman explains how the Scottish government supports the achievement of this goal financially. He concludes that Scotland may "prove to be an example to the rest of the world as we leave the fossil fuel era and move into the new era of renewable energy". … [Read more...]
GE-Alstom deal tests limits of EU competition law
The planned takeover of Alstom by GE has raised anti-trust concerns in Brussels. The European Commission is expected to soon come with an official “Statement of Objections”. The companies – and the French government – are putting heavy pressure on the Commission to let the deal go through.  “Blocking the deal would help Chinese rivals and cost jobs in Europe." … [Read more...]
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