In the first in-depth interview given by Johannes Teyssen, CEO of Eon, after the company announced its radical new strategy in December last year, Teyssen says that âthe energy world of the futureâ and âthe classical energy worldâ have âdrifted so far apart that they require different entrepreneurial approachesâ. He notes that the companyâs new strategy is not based on German or even European politics, but âon more fundamental, global trendsâ. … [Read more...]
Study: Local electricity can meet half UK needs â if consumption is cut by half
Research conducted by nine leading UK universities has found that up to 50 per cent of electricity demand in the UK could be met by distributed and low carbon sources by 2050. This does require a reduction in demand of over 50% as well as increased regional, national and international connection. … [Read more...]
To make European climate policy work, we need to put a carbon price on imports
European institutions are struggling to reform the failing EU Emission Trading System (ETS) â âthe cornerstone of EU climate policyâ. But all reforms will be inadequate, writes Emil Dimantchev, senior carbon market analyst at Thomson Reuters, unless we address the systemâs key defect: the failure to impose equal rules on all producers, including those from outside the EU. According to Dimantchev, EU policymakers will never allow carbon prices to … [Read more...]
Interview Andriy Kobolev, CEO Naftogaz: âGazprom breaches EU law by blocking reverse flow to Ukraineâ
Gazprom is blocking reverse gas flow from Slovakia to Ukraine in violation of EU law, says Andriy Kobolev, the CEO of Ukraineâs state-owned gas monopoly Naftogaz, in an exclusive interview with Slovakian energy analyst Jozef Badida. As a result European companies are not able to meet the demand from gas in Ukraine and Ukraine is left at the mercy of Gazprom. Kobolev calls on the EU to take action against the Russian company. But he also notes … [Read more...]
âSupersonic electrons could produce future solar fuelâ
Researchers from institutions including Lund University have taken a step closer to producing solar fuel using artificial photosynthesis. In a new study, they have successfully tracked the electronsâ rapid transit through a light-converting molecule. … [Read more...]
Italian market coupling launched, Europe closer to one copper plate
A further significant step towards an integrated European power market was taken recently as the Italian Borders Market Coupling was successfully launched. The Italian-Austrian, Italian-French and Italian-Slovenian borders have now been coupled with the Multi-Regional Coupling (MRC) instrument. Thanks to this coupling, 19 EU power markets - from Finland to Portugal and Slovenia â are now integrated into a single market platform. … [Read more...]
Offshore wind in the Kattegat: a unique opportunity for Europe
New figures show that the Anholt offshore wind farm in the Kattegat between Denmark and Sweden had an impressively high capacity factor of 50% last year. This is all the more impressive since, as Mike Parr, Director of energy consultancy PWR points out, 2014 was a year with unusually low wind speeds. In an average year the capacity factor would have been more like 75%. This means, writes Parr, that if just 10% of the Kattegat region were … [Read more...]
Experts from World Energy Council highly critical of Energiewende
The German Energiewende cannot serve as a model for other countries. It is a threat to European security of supply, will have a negative impact on German growth prospects in the short term and is too costly. Thatâs the opinion of a majority of experts from 35 member organisations of the World Energy Council from across the world. … [Read more...]
Back to a nuclear future: the Abe government restarts Japanâs energy policy Â
The renewed mandate Japan's Prime Minister Shinzo Abe received from voters in the snap election in December will have big implications for the Japanese energy industry. Abe is set on re-starting closed nuclear reactors - and scaling back renewables subsidies. A recent report from the Institute of Energy Economics in Tokyo backs him up, saying that ârenewable power generation capacity has increased too rapidlyâ. But a majority of Japanese are … [Read more...]
Brussels tests limits of its powers with Energy Union
Energy Post takes stock of what the proposals for an Energy Union mean and ponders the key question: can Brussels deliver? The Commission is pushing hard on a far-reaching redesign of the electricity market, which is to be driven by the EU Emission Trading Scheme and increasingly run by EU institutions. In gas Brussels also wants to take a central role. When it comes to climate policy, the Commission has some substantial new proposals on energy … [Read more...]
Highlights from the Energy Union package – and responses
The European Commission announced its plans for a far-reaching Energy Union for Europe on 25 February, with a work package full of legislative and non-legislative actions for the next two years. Brussels also presented a strategy for the UN climate talks in Paris in December and a paper on how to meet electricity interconnection targets inside the EU. We present the highlights plus some responses. For a detailed analysis, see the accompanying … [Read more...]
New Silk Roads and the âChinese Dreamâ of a Brave New (Trade) World
Seen from the Chinese capital as the Year of the Sheep starts, the malaise affecting the West seems like a mirage in a galaxy far, far away. On the other hand, the China that surrounds you looks all too solid and nothing like the embattled nation you hear about in the Western media, with its falling industrial figures, its real estate bubble, and its looming environmental disasters. Prophecies of doom notwithstanding, as the dogs of austerity and … [Read more...]
EU turns up the heat: finally, a policy push for heating and cooling (half our energy use) Â
Heating and cooling accounts for almost half of primary energy consumption in Europe, yet it has been largely ignored in the EUâs climate and energy policies. This is now starting to change. At the end of this year, member states in the EU must submit an assessment of the low-carbon potential provided by co-generation and district heating systems. Clare Taylor looks at some of the EU-funded district heating and co-generation projects that are … [Read more...]
Brussels goes green in key EU ETS and biofuels votes
The European Parliament voted in favour of a much-needed reform to the EU Emission Trading Scheme (ETS) and new rules to guard against indirect land-use change (ILUC) from biofuels on Tuesday, opening the door to deals with member states on both files before the summer. … [Read more...]
DNV GL: 60% integration of renewables in European distribution grids feasible by 2030
The integration of approximately 60% of renewables into the European electricity system will be feasible by 2030, but will come with an extensive expansion of infrastructure, including transmission and distribution networks as well as conventional backup generation. The challenges of grid integration of renewables can be mitigated by a number of technical and regulatory measures. These are the findings of a DNV GL study for the European … [Read more...]
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