The trade facilitation agreement reached by the WTO last Saturday is only a modest step towards a global trade deal. What the world needs now, writes John Mathews, is a Global Green Growth trade deal that would not only enhance the stature of the WTO, but would deliver huge investment in green growth – and far more secure cuts in carbon emissions than any Kyoto-style agreement could ever achieve. … [Read more...]
How Ankara is pushing Arbil and Baghdad to an oil deal that will change the global energy market
Iraqi-Kurdistan is on the verge of becoming one of the world’s major oil exporters. Second only to the shale revolution in the United States, the oil and gas explorations there have the potential to change the global (and European) energy landscape. The only shadow hanging over this prospect is the political strife between the Kurdish Regional Government in Arbil and the central Iraqi government in Baghdad. But recently the likelihood of a … [Read more...]
Viewpoint: European gas industry needs paradigm shift
The European gas industry should “stop complaining” and ask itself what it can offer to society to help bring about the transition that people demand, writes Wim Groenendijk, Head of International and Regulatory Affairs at the Dutch transmission system operator Gasunie. “As the ones who are looking after the energy supply, we should take our responsibility.” … [Read more...]
VIDEO: “ETS should be the only climate target”, argues Eon CEO Johannes Teyssen
Sonja van Renssen, leading environment journalist at viEUws.eu, is joined by Dr. Johannes Teyssen, CEO of Eon to discuss the current situation of Europe’s energy sector. Regarding the 2030 climate and energy package, Teyssen calls for simpler objectives and says that the ETS (Emission Trading Scheme) target should be the only target, even though it had been struggling with low carbon prices. Everything else should be left to the market and … [Read more...]
“Integrated EU market + ETS = best way to decarbonisation”
The European Climate Foundation (ECF) has released a new report, From Roadmaps to Reality, which shows how the current EU energy framework can be improved to drive the decarbonisation of the power sector in Europe. From Roadmaps To Reality, the latest report in the ECF’s “Roadmap 2050” series, finds that a fully integrated Internal Energy Market in combination with a functioning Emissions Trading System is the most cost-effective and … [Read more...]
Interview with Johannes Teyssen, CEO of Eon: “Renewables can become biggest without subsidies”
Dr Johannes Teyssen, CEO of Eon and President of Eurelectric, doesn’t beat about the bush: in an exclusive interview with Energy Post, he says that Europe needs a single climate target for 2030 of “between 40% and 50%” emission reduction. At the same time all energy subsidies and “green levies” should go. Renewables “have all the chance in the world to take the biggest chunk of the market” even without subsidies. The European Commission should … [Read more...]
Energy Community: upgrading power plants in Eastern Europe delivers huge benefits
The Energy Commuity, the energy associaton of Albania, Bosnia and Herzegovina, Kosovo, Macedonia, Moldova, Montenegro, Serbia and Ukraine, has published a study assessing the costs and potential benefits of modernizing large combustion plants in their countries to comply with EU environmental regulations. According to the study, the benefits of complying with EU environmental law are on average 17 times as large as the costs of compliance. This … [Read more...]
Demand response: Europe is falling behind
If households and businesses in Europe were able to adapt their electricity consumption to price signals, it would lower their electricity bills considerably and cut peak demand for electricity by 10%, Yet, the European Commission notes in a recent Communication, that demand response is only emerging “slowly” and that Europe is lagging behind the US and other industrial regions. Brussels says national policymakers and regulators should focus less … [Read more...]
Renewable Energy Association to UK government: stop “needlessly negative language”
On the eve of the important financial statement from the UK Chancellor of the Exchequer on 4 December, and with the political energy debate getting more and more acrimonious, the UK Renewable Energy Association calls on Chancellor George Osborne to "send a positive signal to investors in the green economy by underlining the Government’s commitment to supporting home-grown renewable energy." On rising energy bills, REA Chief Executive Dr Nina … [Read more...]
Shanghai and Beijing launch carbon markets
This week, both Beijing, China’s national capital, and Shanghai its leading financial city, launched pilot emissions trading systems. These pilots will run for two years, until the end of 2015. They join the city of Shenzhen, on the Hong Kong border, which launched a pilot carbon market in June this year. Guangdong, Hubei, Tianjin and Chongqing are also planning to launch pilot emissions trading systems in the near future. In a press release … [Read more...]
The UK energy confusion: good policies, shame about the politics
To outside observers, UK energy policy must seem to be hopelessly confused and the energy sector in a mess. Actually, the problem is not so much the policies, writes Stephen Tindale, associate fellow at the Centre for European Reform. They make a lot of sense and may lead the country to a secure and low-carbon energy future. The problem is the politics – populist proposals create confusion and may undo the good work that is being done. Earlier … [Read more...]
VIDEO: Brussels Briefing on Energy – All you need to know for the month of December 2013
Hughes Belin, leading energy journalist at viEUws.eu, provides an overview of recent developments regarding the European Union’s energy policy: - Package on state intervention in the electricity sector - Lithuanian Presidency Agenda on Energy - ILUC (Indirect Land Use Change) - Internal Energy Market Featuring statements by: European Commissioner for Energy GĂĽnther Oettinger and ACER director Alberto Pototschnig. … [Read more...]
Paper industry presents breakthrough decarbonisation technology
The European pulp and paper industry has found a breakthrough decarbonisation technology called “deep eutectic solvents”. It is a brand new technology which, at low temperatures, breaks biomass down into constituent parts which can then be used in the paper and pulp industries. “If utilised at scale this technology could radically change pulp and paper production around the world and replace some of the most energy intensive parts of the current … [Read more...]
Energy heavyweight Joan MacNaughton: “Adaptation is a cop-out”
Joan MacNaughton, President of the Energy Institute and a highly influential figure in the international energy policymaking world, calls on “the big CO2 emitters” in the world to take unilateral action to reduce CO2 emissions. Countries that refuse to get along, should be penalised through import duties or carbon taxes, suggests MacNaughton. The current talk about “adaptation” to climate change, says MacNaughton, is a “cop-out”. Energy Post … [Read more...]
Small-Wind Power Market to Reach $3 Billion by 2020, with China in the Lead
With growing incentives announced by various governments and larger end-user awareness, the small-wind power market is expected to increase massively, from $609m in 2012 to $3 billion by 2020, at a Compound Annual Growth Rate (CAGR) of 22%, says research and consulting firm GlobalData. According to the company’s latest report, the global small-wind turbine cumulative installed capacity is also expected to witness a significant increase from … [Read more...]
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