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)
The release of the World Energy Outlook (WEO) 2018 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 WEO’s “sustainable development scenario” falls well short of the Paris goals. Policymakers and investors cannot rely on the WEO to guide their decisions in energy. … [Read more...]
Coal can’t compete – and its true costs are even higher than they appear
In Texas, income from electricity sales does not even cover the direct costs of coal power plants. But their hidden costs are much higher, explains Daniel Cohen of Rice University in Houston. Courtesy The Conversation. … [Read more...]
Khashoggi and Skripal: wake-up calls for European energy policy
The apparent brutal murder of Jamal Khashoggi in Turkey by the Saudi Arabian regime and the equally brazen attempted murder of Sergei Skripal in England should serve as wake-up calls for European energy policymakers, writes Karel Beckman, editor-in-chief of Energy Post. These misdeeds demonstrate the aggressive nature of the Saudi and Russia regimes and underline the necessity for Europe to reduce its reliance on oil and gas much more rapidly … [Read more...]
How attractive are renewables for oil companies?
At the recent ONS (Offshore Northern Seas) conference in Stavanger, the largest annual gathering of the oil and gas industry in Europe, debate on the energy transition took centre stage. Some major oil companies are expanding into renewables, but there was a lot of skepticism among the attendants about this strategy, writes independent energy analyst Jilles van den Beukel, who attended the event. He also noted that in project financing there is a … [Read more...]
Poland’s PGE should accelerate its coal diversification plans
Poland’s biggest utility, PGE, should accelerate plans to diversify away from coal, as surging carbon prices underscore risks gathering around its present PLN 21 billion ($5.6 billion) coal power investment programme, write Gerard Wynn of IEEFA (Institute for Energy Economics and Financial Analysis) and Paolo Coghe of the Paris-based independent consultancy Acousmatics. Courtesy Energy and Carbon Blog. … [Read more...]
DNV GL’s Energy Transition Outlook shows massive shift of investment from oil and gas into power lines
The global energy transition will lead to a massive expansion of power lines at all voltage levels as well as a steep growth in the number of transformers and substations in the electricity system. This is one of the major new findings of the second edition of the Energy Transition Outlook, the annual flagship publication of global technical consultancy DNV GL. As a result, grid costs will triple, yet this cost explosion is offset by cost … [Read more...]
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