If the production and processing of critical minerals cannot keep up with the accelerating adoption of batteries, EVs, wind turbines and solar PV technologies, the pace and success of the global energy system transformation will be put at risk. In this explainer, Lilly Yejin Lee and James Glynn at the Center on Global Energy Policy, Columbia University address the big questions, drawing on the data underlying the IEAâs âThe Role of Critical … [Read more...]
Will Europe now commit to long term imports of large quantities of LNG?
The EU and European nations need a more secure LNG supply strategy than just buying on the spot market where there is little control of prices and quantities. With Russian gas off the agenda for the foreseeable future, itâs LNG thatâs filled the gap. But spot prices have been extremely high, and may return to the same heights. And though Chinaâs Covid-caused drop in LNG consumption helped enable Europe to buy enough for now, that wonât be the … [Read more...]
Coal phase-out: Developing world targets are unfeasible. Rich nations must cut emissions faster
Developing nations like China, India and South Africa are being asked to phase out coal more than twice as fast as any comparable energy phase-out in history, for the world to meet the Paris climate goals. Thatâs simply unrealistic say James Price and Steve Pye at UCL who present the results of their new study. Instead, rich nations will have to reduce significantly their oil and gas to compensate for the shortfall. An oil and gas peak isnât good … [Read more...]
Europe vs U.S: incentivising battery manufacture to take the global lead from China
Europe is already well placed to end its reliance on Chinese Li-ion battery cells by 2027, according to a study by Transport & Environment (T&E). The new analysis of battery-makersâ announcements points at Europe producing enough Li-ion cells to fully meet domestic demand for EVs and energy storage in four yearsâ time. T&E also forecasts that essential elements of the supply chain can substantially shift from China into Europe, like … [Read more...]
The U.S. needs a plan to transfer electricity long distance between regions, like Europe and China
In the U.S. several hundred thousand miles of power lines connect thousands of electric generators. But whereas Europe and China, at a similar scale, have continental-scale grid development plans, the U.S. does not. Its grid is highly fragmented and consists of not one, but three separate power grids that are almost completely isolated from one another. It has twelve different transmission planning regions that must coordinate much better to cope … [Read more...]
The U.S. should support the EUâs Carbon Border Adjustment Mechanism (CBAM)
The U.S. should get behind Europeâs Carbon Border Adjustment Mechanism (CBAM), says Joseph Majkut at the Center for Strategic and International Studies. Under the EUâs newest agreement, anyone importing CBAM-listed goods into Europe will have to report the emissions associated with their products starting in October, and ultimately face tariffs if those emissions exceed those of the equivalent products made in the EU. The current list is iron and … [Read more...]
Concrete: 8% of global emissions and rising. Which innovations can achieve net zero by 2050?
Concrete manufacture is responsible for 8% of global carbon emissions, with the ingredient âclinkerâ accounting for most of it. Global demand for cement (which hardens into concrete) is expected to increase 48% from 4.2bn to 6.2bn tons by 2050, mainly driven by developing nations. China used more concrete between 2011 and 2013 than the United States did in the entire 20th century. Ben Skinner and Radhika Lalit at RMI look at the materials and … [Read more...]
Making Hydrogen will consume 2% of total global renewable capacity growth by 2027
25 countries plus the EU have announced big ambitions for renewable hydrogen production. But how much renewable energy will be needed to make the H2 over the next five years? Nations are not keen to expend new clean energy generation on (expensive today) hydrogen production when their grids are still not emissions-free. According to the IEA, for 2022-2027, their main case forecasts around 50GW of renewable capacity will be dedicated to hydrogen … [Read more...]
30+ nations now subsidise Heat Pumps because lifetime cost is cheaper than fossil boilers
The global growth in heat pumps can deliver almost 40% of all possible emissions cuts from heating by 2030 (with most of the rest coming from efficiency, mainly insulation), says the IEA. This is according to their âAnnounced Pledges Scenarioâ (APS) which assumes that governments carry out all of the climate commitments they have made. Keeping buildings warm produces one-tenth of global energy-related CO2 emissions. So the APSâs heat pump growth … [Read more...]
Russia, fossil prices, energy security will boost Renewables to 38% of global power mix by 2027, says IEA
The IEA has raised its 2027 forecasts for total renewables additions in its main scenario to 2,383GW â around the total power capacity of China. Thatâs a 28% increase on the previous estimate and up 76% from two years ago, explains Josh Gabbatiss at Carbon Brief who summarises the IEAâs latest forecasts. Globally, solar power will overtake gas by installed capacity in 2026 and coal in 2027. There are two main drivers for this acceleration. High … [Read more...]
COP 27: a way forward for methane, fossil fuel (not just coal) phase-out, and U.S.-China competition?
COP 27 was never expected to have the impact that COP 26 did, and thatâs how it turned out, explain Ben Cahill, Sandeep Pai and Taiya Smith at CSIS. But there are three issues that can have long term positive impacts if carried forward successfully. The first is some good news on methane emissions. The U.S., the EU, Japan and other countries announced an important producer-consumer effort to cut greenhouse gas emissions from traded gas, while … [Read more...]
Chinaâs electricity market design should choose from successes in Europe, UK, Australia, USA
China has made substantial initial progress in its electricity market reform, but it still faces an uphill struggle in promoting the consumption of renewables, resource allocation across provinces and regions, and unlocking demand side potential. To help choose the best solutions China could do well to look at the âHandbook on Electricity Marketsâ, says Daisy Chi at ECECP. The 600-page book looks at the current state of power markets around the … [Read more...]
What was Europeâs dependence on gas prior to Russiaâs invasion of Ukraine?
### REGISTER NOW ### for our vitally important 2-panel event âThe Energy Crisis and Russian Aggression Against Ukraine â Key Challenges for the Central European Energy Sectorâ, on Thursday December 8, 13:00 â 17:00 CET (Address: Rue Belliard 40, 1040 Brussels). High-profile confirmed speakers include Kadri Simson, European Commissioner for Energy, EC; Leszek JesieĆ, Chairman of the Board, CEEP; Jerzy Buzek, MEP and former president of the … [Read more...]
IEA says peak coal is a few years away, but Chinaâs demand for energy suggests not
Lucas Davis at the Haas School of Business questions the IEAâs optimism revealed in its latest World Energy Outlook 2022 that predicted coal will peak in the next few years. In 2021, global coal consumption increased 5% and global electricity generation from coal reached an all-time high. China is the main driver - last year over half of all coal-fired electricity generation came from China - and its energy demand keeps rising. Between 2000 and … [Read more...]
EVs are on track for net-zero emissions
The IEA says âElectric Vehiclesâ is one category that is on track to meet their Net Zero Emissions by 2050 Scenario. Road transport accounts for 16% of global emissions. Recent years have seen exponential growth in the sale of EVs, together with improved range, wider model availability and increased performance. The IEA estimates that 13% of new cars sold in 2022 will be electric. Most of the progress is taking place in established markets â i.e. … [Read more...]
- « Previous Page
- 1
- 2
- 3
- 4
- …
- 12
- Next Page »
