With plans to phase out coal-fired generators in most of Europe, nuclear is trying to compete with gas to become the most viable baseload power source to accompany renewables on the path to net-zero emissions. Both technologies have their advantages. Gas is competitively priced while nuclear generates power with almost no emissions. Right now, gas's cost advantage is evidently great enough to tip the balance. If nuclear advocates are to … [Read more...]
South East and Eastern Europe PART II: EU can help bring far-ranging benefits of a meaningful energy transition
In Part 1 of this special report, Komila Nabiyeva demonstrated how investment conditions in South East and Eastern Europe, South Caucasus and Central Asia make it almost impossible to justify development of renewables infrastructure on any great scale. That being the case, she calls on the EU to play a greater role. Their initiatives are already making a difference. This is encouraging because it shows that with more EU engagement, a more … [Read more...]
Billions in private investment waiting for clearer action and guarantees from governments on pathway to 2050
Last month we reported how weak commitments by some EU states were putting a successful transition at risk. Marcela Scarpellini of right. based on science focuses on how this confusion impacts the funding of the transition, and the essential role of private investment. $16.5 trillion needs to be put into energy efficiency and low-carbon technologies by 2030 to hold the temperature increase below 2°C by 2050, says the IEA. Governments alone cannot … [Read more...]
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