Analysing public data on offshore wind in Denmark, energy consultant Mike Parr concludes that existing offshore wind is already cheaper than gas-fired power plants. Future offshore wind farms will be cheaper still – and up to 60% less expensive than the proposed nuclear power plant at Hinkley Point C in the UK. This means, writes Parr, that government support for offshore wind can be quickly and substantially reduced. … [Read more...]
Global wind power breaks record
Last year saw a record in new worldwide wind power installations. According to a new report from FTI Consulting, Global Wind Market Update 2014, 51.5 GW of new installations were added in 2014. … [Read more...]
A vision of a Gas Union in Central and South East Europe
We will never have a unified European energy policy as long as Central and East European gas markets remain fragmented and divided, writes Peter Poptchev. Now, however, under the impetus of the Energy Union, the EU has a unique opportunity to put its Eastern gas house in order. Poptchev sets out the main steps that need to be taken to achieve this goal. … [Read more...]
viEUws VIDEO: Brussels Briefing on Energy – All you need to know for April
In this Brussels Briefing on Energy for viEUws.eu, journalist Hughes Belin provides an overview of the latest EU energy policy developments. … [Read more...]
Catch 2030 the webinar: a debate on the European energy system of the future
How can we transform the European energy system while improving security of supply and competitiveness? In a webinar hosted by Energy Post and sponsored by EDF, four energy experts discuss the future of the European energy system and answer questions from listeners. … [Read more...]
Everything you always wanted to know about carbon trading in China
China is moving rapidly towards a national carbon emission trading market. Currently there are seven regional carbon markets operating in China, and these will be merged into a national one in 2016. … [Read more...]
Europe’s solar market falls over 30% in 2014, global solar grows
The global solar market grew slightly in 2014 to about 40 GW, while Europe only installed around 7 GW of solar, according to an announcement from the European Photovoltaic Industry Association (EPIA) . The UK market was the only bright spot, says EPIA, increasing installations over 50 percent to more than 2 GW. … [Read more...]
A new framework for climate policy: why carbon pricing is not enough
It is often argued, especially by representatives from the energy sector, that climate change policy should be based exclusively on carbon pricing. In the EU this means: on the EU Emission Trading Scheme. However, a new book by Professor Michael Grubb convincingly shows why such a policy approach is misguided. We also need policies on energy efficiency and renewables as well as policies that drive system change. … [Read more...]
Russia’s Grand Gas Strategy – the power to dominate Europe?
For Russia, energy resources, especially gas, are viewed as a tool to project power beyond its borders. However, Russia’s room for “gas games” is constrained by its own capacities, the gas strategies of other players, and the EU’s ability to project its regulatory power, write Zuzanna Nowak and JarosĹ‚aw Ćwiek-Karpowicz of the Polish Institute of International Affairs (PISM) and Jakub Godzimirski of the Norwegian Institute of International Affairs … [Read more...]
Solar PV can help not hinder the grid
Decentralised renewables such as solar panels on people’s roofs can actively support the grid, rather than being a nuisance for it. This is the main conclusion from an EU research project called “MetaPV”, whose final results were presented at a conference in Brussels on 24 March. … [Read more...]
Big Oil’s broken business model: the real story behind the oil price collapse
The underlying cause of the oil price collapse is to be found in the collapse of Big Oil’s production-maximizing business model, writes Michael Klare, professor at Hampshire College and author of many books on the geopolitics of energy. According to Klare, the oil companies were operating according to a business model that assumed an ever-increasing demand for their products, no matter their cost. They also assumed that concern over climate … [Read more...]
Interview chief climate negotiator for France Paul Watkinson: “COP21 will not solve everything”
The COP21 climate conference in Paris in December needs to lead to a “binding agreement” that will provide “a long-term basis for the future”, says Paul Watkinson, head of the Climate Negotiation Team of France, in an interview with Energy Post. “We cannot continue negotiating. We need to decide on something that will last and will become stronger as time goes on”. But Watkinson warns that COP21 will “not solve everything.” It will also be “a … [Read more...]
Fraunhofer: Solar power will cost 2 cts/kWh in 2050
“In a few years, solar energy plants will deliver the most inexpensive power available in many parts of the world. By 2025, the cost of producing power in central and southern Europe will have declined to between 4 and 6 cents per kilowatt hour, and by 2050 to as low as 2 to 4 cents.” These are the main conclusions of a study by the Fraunhofer Institute for Solar Energy Systems commissioned by the German think tank Agora Energiewende. In view of … [Read more...]
Winter is (already) coming again – trilateral gas talks recommence
Brussels is hosting the kick-off of a fresh series of trilateral gas talks between Russia, Ukraine and the EU this Friday. The goal is to agree, by June, on a successor to the current “winter package” on Ukrainian gas purchases from Russia, which would settle gas – and cash – flows between the two countries until autumn 2016, when an international court in Stockholm is expected to rule on their dispute. … [Read more...]
Ex-Polish Prime Minister Tusk reclaims Energy Union agenda
Energy security through new fossil fuel supplies and transport infrastructure, not energy efficiency and renewables, dominates the conclusions issued by EU heads of state and government after their first debate on an Energy Union for Europe in Brussels on Thursday. Former Polish Prime Minister Donald Tusk – now President of the European Council of Ministers – appears to have reclaimed in large part the Energy Union he helped set in motion, … [Read more...]
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