Nuclear accounts for 10,5% (2017) of global power generation and is growing in many countries as demand for electricity increases. From 2012-2017, installed capacity rose to 392GW (an increase of 18GW). According to GlobalData, nuclear will continue to grow steadily over the next decade, reaching an estimated 536GW by 2030. Self-proclaimed "time traveller from the age of steam" Dan Yurman's NeutronBytes blog keeps tabs on all the latest … [Read more...]
Solar farms getting smaller, cheaper and smarter to overcome grid hurdles
The technical challenges and fast-changing regulatory requirements associated with installing and integrating variable RES capacity are inevitably holding up the transition to clean energy all around the globe. So the announcement of a new smart solar farm in Australia that seems to have overcome these hurdles is really good news. The situation has been neatly captured across a number of recent reports (summarised here) byĀ Giles ParkinsonĀ of … [Read more...]
The Saudi Dilemma: To Cut Or Not To CutĀ
Following November's G20 meeting in Buenos Aires and the ensuing OPEC meeting earlier this month, the Kingdom of Saudi Arabia is still left scratching its head. 90% of the Kingdom's income comes from Oil. AsĀ US shale keeps piling on the pressure, some argue they have enough in the bank to fund higher production levels and even lower prices for another 10-years. But theirĀ Vision 2030 initiative, to radically diversify their economy, also requires … [Read more...]
Opposition to Nord Stream 2 ignores market fundamentals [Energy Post Weekly]
Criticism of the Nord Stream 2 project routinely misses the bigger picture of EUās lower carbon targets, Groningenās impending switch-off and Russiaās own dependence on natural gas exports to Europe. … [Read more...]
IEA: Future is electric and increasingly renewable
"The IEA is no longer the conservative bastion of oil it once was" writes Fereidoon Sioshansi. Distilling all 650 pages of their latest Outlook, he summarises how the pressing need to address climate change means the dwindling supremacy of oil is giving way to a growing role for electricity that will, amongst other things, cater for 1 billion EVs by 2040. CourtesyĀ EEnergy Informer … [Read more...]
The risks related to onshore wind power investment
Bans on subsidies (in some countries) and reduced costs have hit total investment in onshore wind. Meanwhile, market share continues to grow across the EU28. Wind energy now accounts for almost 20% of installed capacity for power generation which makes researcher Schalk Cloete'sĀ sobering analysis of risks for onshore wind well worth reading. Following up on hisĀ previous article, he examines current assumptions and argues that the discount rate … [Read more...]
How EASE is mapping out the path towards large-scale deployment of energy storage technologies in Europe
The Clean Energy for All Europeans Package marked a turning point for energy storage in Europe, says Marine Delhommeau, policy officer for the European Association for Storage of Energy (EASE). Energy storage is now seen as one of the key flexibility instruments required in the future energy system. Despite this, the industry faces challenges in deploying at scale. A new roadmap aims to solve the problem. … [Read more...]
EU should target carbon dioxide removal as part of net zero emissions strategy
Carbon Dioxide Removal (CDR) technologies are still in their infancy. However, they are an essential part of limiting global temperature increases to 1.5-2Ā°C to meet the Paris Agreementās objectives. So what is the best way to ensure CDR is ramped up at the right speed to hit those targets, and avoid the āmoral hazardā of the promise of future CDR giving others an excuse to fail with their straightforward carbon reduction? Oliver Geden, Glen … [Read more...]
A Just Transition – or a transition, but only just?
At COP24 the Polish Presidency has issued a declaration for a "Just Transition". Jennifer Tollman of climate think-tank E3G says a Just Transition must make allies of those working in and dependent on the high-carbon economy by supporting them in the transition. They must not be left behind. But they warn that this support should not be an excuse for a āgo slowā on the transition, as missing our global climate targets is a clear disaster. … [Read more...]
Investment risk: nuclear high, new load-following fossil fuel plants low
In the currentĀ policy environment many energy technologies can appear attractive with the right set of assumptions: discounted clean energy technologies (wind, solar and nuclear) where the discount rate is heavily influenced by risk (see graph) and, perhaps surprisingly,Ā new load-following fossil fuel plants (especially natural gas) where continued wind/solar technology forcing actually provides substantial upside potential.Ā CCS researcher Schalk … [Read more...]
Can Teresa Ribera transform Spain into a green champion?
In a draft bill released on 13 November, the Spanish government is proposing to ban fossil fuel subsidies and fracking, reduce greenhouse gas emissions by 20% by 2030 (37% compared to current levels) and 90% by 2050, boost the share of renewables to 35% (70% of power generation) in 2030 and discourage diesel and petrol cars. Natalie Sauer of Climate Home News portrays the woman behind the plan, ecological transition minister Teresa Ribera, and … [Read more...]
We have a decade to prevent dangerous climate change: these 10 policies can save us
The climate change challenge is not technical nor even economic, but a matter of enacting the right policies, writes Silvio Marcacci, Communications Director at San Francisco-based think tank Energy Innovation. Based on new research, Marcacci outlines the the types of policies that are the most effective. … [Read more...]
The IEA comes up short on climate (again)
TheĀ releaseĀ of theĀ World Energy Outlook (WEO) 2018Ā marks another missed opportunity for the International Energy Agency (IEA) to provide a roadmap to Paris, writes Greg Muttitt of NGO Oil Change International. According to Muttitt, even the WEOās āsustainable development scenarioā falls well short of the Paris goals. Policymakers and investors cannot rely on the WEO to guide their decisions in energy. … [Read more...]
Study says no way to decarbonise the gas sector by 2050
Gas industry advocates argue that expansion of gas infrastructure is justified because it will be possible to switch to low-carbon gases such as hydrogen and biomethane in future. But research by the International Council on Clean Transportation (ICCT) predicts that biomethane production will remain modest, even with massive subsidies. … [Read more...]
Energy efficiency is more than saving energy: āWe need to build a real marketplaceā
Energy efficiency experts have come to the conclusion that āselling the business case of energy efficiency on the basis of cost savings is not enough.ā If the potential of energy efficiency is to be realised, a real marketplace in projects needs to be built and the ānon-energy benefitsā of efficiency must be monetised writes Brussels-based journalist Clare Taylor. The European Commission has developed a number of instruments, including a unique … [Read more...]
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