High energy price volatility has for the first time replaced global climate framework as the number-one critical uncertainty driving the world energy agenda, according to the 2014 World Energy Issues Monitor, released on Tuesday 18 February by the World Energy Council (WEC). Global climate framework uncertainty,while still is akeyuncertainty, is now perceived by energy leaders to have less impact than in the previous three years of the study. … [Read more...]
Britain converts its largest coal-fired power station in renewable energy producer plus major CCS project
Britain’s largest coal-fired power station is set to become one of Europe’s biggest renewable electricity generators today, with the potential for new future generation on the site to be based on truly clean coal. That has been announced by the Department of Energy Climate and Change (DECC) on 9 December. Energy and Climate Change Secretary Edward Davey opened the Drax coal-to-biomass conversion plant, and announced the Government was awarding … [Read more...]
World Energy Council: “We are looking in the wrong place”
“To deliver sustainable energy systems our focus must shift from the supply mix to demand efficiency.” This is the conclusion that Christoph Frei, Secretary-General of the World Energy Council (WEC), draws from the World Energy Scenarios recently published by WEC. According to this new report, “current technologies, policies, and innovation are not enough to meet climate goals”. Despite strong growth in renewables, fossil fuels will remain … [Read more...]
The Mad Scientists at the Department of Energy’s National Laboratories
What energy innovation can we expect to come out of the United States in the coming years? Matthew Stepp, Senior Policy Analyst with the Information Technology and Innovation Foundation (ITIF) in Washington DC, takes us on a whirlwind tour of some of the most advanced American energy research going on. He visits five of the 17 National Laboratories of the US Department of Energy, where research is carried out on materials (e.g. for better … [Read more...]
Exclusive interview IEA-Director Maria van der Hoeven: “We cannot rule out new revolutions”
In its new World Energy Outlook (WEO), the IEA is cautious about the prospects of unconventional oil and gas outside the US. As regards shale gas, it notes that “uncertainty remains over the quality, the costs and public acceptance.” Yet in an interview with Energy Post, IEA Executive Director Maria van der Hoeven notes that “the gas is there. All geologists are agreed on that.” Moreover, “there may be other surprises in store, for example with … [Read more...]
A future for CCS? Set emission performance standards
Carbon capture and storage (CCS) has come to a dead end in Europe. Although the EU is carrying out a consultation to revive the CCS programme, it is already evident that the EU Emission Trading Scheme is too uncertain to provide a clear business case for CCS. If it wants to revive CCS, the EU should follow the US example and implement emission performance standards for power plants, argues energy consultant Vincent Swinkels. Photo: … [Read more...]
Christoph Frei, World Energy Council: “Resilience will rise to top of agenda”
The chances that we will be able to meet our climate targets are becoming increasingly slim, notes Christoph Frei, Secretary-General of the World Energy Council (WEC) in an interview with Energy Post. The main reason for this is that CCS (carbon capture and storage), a crucial element in any emission reduction strategy, “is not happening”. This means, says Frei, that “if no radical policy shift takes place, concerns will shift from mitigation to … [Read more...]
Is the EU done picking clean energy winners?
How far is the EU preparing to move away from its current energy R&D strategy of picking technological winners? In a new policy paper earlier this year, the European Commission outlined its vision for a fresh approach to innovation that takes the energy system as its starting point and focuses on system outcomes, not individual technologies. This is the R&D dimension of the EU’s current battle for a 2030 climate and energy policy. Sonja … [Read more...]
EIB cleans up its energy lending policy
The European Investment Bank (EIB) intends to place stricter CO2 emission standards on coal power plants that it finances, but not as strict as the standards president Obama recently proposed in the US. The EIB is also considering investing in shale gas projects, according to a draft of its new energy lending policy. NGOs accuse the EIB of a “missed opportunity to politically reject coal”. With the EBRD and World Bank also mulling new investment … [Read more...]
The President’s Climate Action Plan: it sounds very European
President Obama on Tuesday presented a “new climate action plan”. Most if it could have come straight from Brussels. But there are some differences with the European approach. The US is not going to back out of fossil fuels and nuclear power. And it pays serious attention at last to mitigation and adaptation. Photo: 350.org … [Read more...]
The President’s Climate Action Plan: sounds very European
President Obama on Tuesday presented a “new climate action plan”. Most of it could have come straight from Brussels. But there are some differences with the European approach. The US is not going to back out of fossil fuels and nuclear power. And it pays serious attention at last to mitigation and adaptation. Photo: 350.org … [Read more...]
Interview Marcin Korolec, Polish Minister: “We will fight for climate agreement”
Last year at the UN Climate Conference in Doha, Poland surprised everyone by proposing to host the next Conference of the Parties (COP). As president of COP19 in Warsaw in November of this year, Polish Environment Minister Marcin Korolec will play a key role in paving the way for a worldwide agreement on climate action. A sharp contrast to the Polish position in Brussels, where the country is often perceived as “sabotaging” EU climate policy. How … [Read more...]
CCS: why the high hopes cannot be fulfilled
The only way to stimulate investment in industry while staying in line with CO2 reduction targets is to end coal plant construction in favour of renewable energies, argues independent energy consultant Jeffrey Michel. Carbon capture and storage (CCS) is just not going to deliver the goods. It is too costly and too risky. Photo: carbon dioxide sequestered in basalt (PNNL) … [Read more...]
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