The IEA’s World Energy Outlooks have no doubt that electrification alone cannot meet our climate goals. That’s why natural gas continues to play a major role. But biogas and biomethane have the potential to replace 20% of that gas, says the IEA’s special report “Outlook for biogas and biomethane: Prospects for organic growth”. At present only a fraction of that is being utilised. Here the IEA summarises their comprehensive report. Costs are the … [Read more...]
Oil & Gas’s future: diversify into clean electricity, new fuels, says IEA
The oil and gas industry is not doing nearly enough to meet Transition targets, says the IEA. Only 1% is invested in non-core activities. That needs to rise to 15% within 10 years. The IEA’s article summarises their comprehensive report “The Oil and Gas Industry in Energy Transitions”, released this month. It explains how the industry’s existing skills and “deep pockets” make them ideally placed to invest in low-carbon fuels (Hydrogen, … [Read more...]
Biogas and Biomethane in Europe: Denmark, Germany, Italy lead
Over and again, legislators worldwide are confronting the same question: which technologies do we subsidise and support, when, by how much, and for how long. Get it right and those costs will reduce and should disappear once scale is reached. Solar and wind are on their way to proving that. What about biofuels? Marc-Antoine Eyl-Mazzega and Carole Mathieu of the Institut Français des Relations Internationales (IFRI) look at the last 10 years. The … [Read more...]
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