The new release of the World Energy Councilās annual Energy Trilemma Index, a ranking of countries based on their energy security of supply, affordability and sustainability, shows that Germany and Spain have gone down in their ratings. The UK and Japan have been placed on ānegative watchā, showing a downward trend in energy security. In an interview with Energy Post, Joan MacNaughton, Executive Chair of the World Energy Trilemma work, notes that … [Read more...]
Why Google gave up on renewables (hint: because they donāt know much about energy)
The two scientists responsible for Googleās failed attempt to launch a renewable energy revolution have written an article explaining what, according to them, went wrong with their project. They have come to the conclusion that fighting climate change with todayās renewable energy technologies wonāt work ā but they present no evidence for it, writes Energy Post editor Karel Beckman. … [Read more...]
The Five Energy Labours of Juncker
The new team heading the European Commission in Brussels is lucky. Its predecessors closed two sensitive deals before the reshuffle: a European energy and climate strategy for 2030 and a gas winter package between Ukraine and Russia. On top of that, outgoing Energy Commissioner GĆ¼nther Oettinger finished off a thick report on the way forward for a European energy market. The new Commission will follow up on these three dossiers, plus two more … [Read more...]
The āhistoricā US-China climate change deal confirms that we are failing in the fight against climate change
TheĀ US-China Joint Announcement on Climate ChangeĀ made on 11 November, has been hailed by many as a historic breakthrough in the fight against climate change, but it has also met with quite a bit of scepticism. Robert Wilson, who publishes the blog The Energy Transition on the website of The Energy Collective, argues that the agreement between the two largest economies in the world demonstrates that the world is failing to deal with the threat of … [Read more...]
SunPower: "solar the greatest market opportunity world has seenā
The head of one of the worldās leading solar PV manufacturers and developers, SunPowerās Tom Werner, predicts that solar will be a $US5 trillion industry within 20 years, and represents one of the greatest ever opportunities in the history of markets. Giles Parkinson of Reneweconomy.com reports on a recent investment briefing given by Werner. … [Read more...]
Let’s not forget those fossil fuel subsidies
The IEAās World Energy Outlook (WEO), published on 12 November, has ā not for the first time ā put the spotlight on the huge subsidies given worldwide for the use and production of fossil fuels. And these do not include other costs (e.g. the hundreds of billions in US military spending to garrison the Middle East) and externalities caused by our oil, gas and coal use. Sophie Vorrath of RenewEconomy presents the main figures from the WEO. … [Read more...]
Where battery storage will take over from backup power plants
Although the growth in renewables has led to the shutdown of many gas- and coal-fired power plants, power producers believe their plants will still be needed to provide backup capacity. But grid storage batteries are becoming increasingly competitive with āpeaker plantsā, says Paul Siblerud of US storage company ViZn Energy Systems in an interview with Roy L. Hales of The EcoReport, citing a new study by Energy Strategies Group. … [Read more...]
Worldās first power-to-liquids production plant opened in Dresden
A Power-to-Liquids (PtL) demonstration rig which is the first of its kind in the world was officially inaugurated on 14 November by Dresden-based sunfire GmbH. The ceremony was attended by German Federal Minister of Education and Research Johanna Wanka, Board Member Pieter Koolen of venture capitalist Bilfinger, Ā as well as a number of other high-ranking representatives from the worlds of politics, industry and research. French energy companies … [Read more...]
What are we to make of the US and Chinaās "historic" climate deal?
The US-China Joint Announcement on Climate ChangeĀ made on 11 November, has given rise to a lot of commentary in the media worldwide. In this article, Mat Hope of The Carbon BriefĀ provides an excellent critical overview of some of the most significant analyses. Energy Post chief editor Karel Beckman adds some insights of his own. … [Read more...]
Wishing away lignite – EU climate policy ignores elephant in the room
While mining and combustion of lignite impose high burdens on the environment, Europeās least expensive fuel remains impervious to climate policies or market trends. Poland remains committed to lignite power generation. In Germany, the worldās largest lignite industry provides backup electricity for nuclear phase-out and renewable power intermittency. Mediterranean sunshine has not kept Greece and Turkey from relying on lignite rather than … [Read more...]
viEUws VIDEO: Brussels Briefing on Energy – All you need to know for November 2014
In this latestĀ Brussels Briefing on EnergyĀ viEUws.eu,Ā leading energyĀ journalistĀ Hughes BelinĀ provides anoverview of theĀ latest EU energy policy developments: … [Read more...]
Five take-home messages from the IEA’s World Energy Outlook 2014
Current events risk distracting governments āfrom recognising and tackling the longer-term signs of stress that are emerging in the energy systemā says the International Energy Agency (IEA) in its latest World Energy Outlook (WEO) 2014 unveiled on 12 November in London. Just like a year ago, it warns that long-term oil supplies are far from secure, with the Middle East re-establishing itself as the main supplier in the long-term. Moreover, while … [Read more...]
Interview Joe Phillips, DNV GL: āFor offshore wind there is only one way forward: togetherā
āOffshore wind offers great promise but the industry is at a very delicate stage now. We canāt afford to make mistakes in construction that lead to cost overruns,ā warns Joe Phillips, Head of Strategy & Policy for Renewables at DNV GL, one of the largest technical energy consultancies in the world. DNV GL has recently issued an āoffshore wind cost reduction manifestoā that commits the company to help reduce costs in the sector by 25% and … [Read more...]
Europeās nuclear future may hinge on UKās Hinkley deal
The fate of future nuclear power projects in Europe could hinge on whether government-backed guarantees for Britainās Hinkley Point C power station survive an expected challenge from Austria in Europeās highest court. Analysts agree that large nuclear undertakings have become too costly and risky for private investors alone. For this reason many EU countries are backing the UKās support for nuclear power. Timothy Spence reports from Vienna. … [Read more...]
Maria van der Hoeven, Executive Director IEA: āThe energy security challenge has become globalā
Not so long ago āenergy security was seen primarily as a concern of industrialised countriesā, but today āthe challenge has become globalā, says Executive Director Maria van der Hoeven of the International Energy Agency (IEA) in a recent interview with World Energy Focus, a publication of the World Energy Council. And it extends beyond oil. āWith oil we are doing well. But I do worry when we take a broader definition of energy security.ā … [Read more...]
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