Fracking is a threat to the climate and the environment in the UK, says Professor Peter Strachan of Robert Gordon University. No, the climate benefits of domestically produced shale gas outweigh the risks, argues Stephen Tindale, co-founder of consultancy Climate Answers. The two men held a fascinating debate at the Houses of Parliament in London on 29 November hosted by the All-Parliamentary Group on Unconventional Oil and Gas. Ruth Hayhurst of … [Read more...]
US energy Independence Day dawns
The most significant US energy policy update in a decade, the Energy Policy Modernization Act 2016, will be introduced into the new Congress in January 2017. With provisions for accelerated permitting for oil and gas drilling, construction of export LNG terminals, as well as energy efficiency standards and grid-integration of renewables, the outlook for US energy security is bright, according to Barry Worthington, Executive Director of the US … [Read more...]
South Africaâs new energy plan: postpone nuclear, phase out coal
The much awaited updated South African Integrated Resource Plan for electricity, released for comment on 22 November, has sparked strong emotions, writes Hartmut Winkler, Professor of Physics at the University of Johannesburg. In an article for The Conversation, Winkler discusses the main points of the plan and explains why the nuclear lobby in particular is unhappy. Courtesy of The Conversation. … [Read more...]
A carbon pricing scheme that works
The UKâs carbon price floor mechanism has proved very effective at securing cost-effective emissions reductions, writes energy and climate change economist Adam Whitmore. It offers lessons for other carbon pricing schemes, such as the EU Emission Trading System. … [Read more...]
Why China’s new coal plants won’t stop it from meeting its climate goals
In a fascinating article, Collin Smith, graduate student at the Hopkins-Nanjing Center in China, explains why China has been building a large amount of new coal-fired capacity the past two years, despite its climate commitments and drive for renewable energy. He also explains why this capacity does not necessarily translate into more coal power production: the power plants are and will be heavily underutilised. There is a danger though that the … [Read more...]
India wants to become a solar superpower â but its plans donât add up
India aims to build 1 terrawatt of global solar power â four times the current worldwide total â and become a 100% electric vehicle nation by 2030. Those are great ambitions, but they still far short from what is needed for a true energy transformation away from coal, writes DĂ©nes Scala of Lancaster University. Courtesy of The Conversation. … [Read more...]
Reinventing Fire in China
Amory Lovinsâ Rocky Mountain Institute, backed by Chinese institutions and Lawrence Berkeley National Laboratory, has published a stunning roadmap for an energy revolution in China. If its ideas are taken up, it could lead to a transformation of the largest energy economy in the world â and serve as a model for other developing nations to follow, writes Fereidoon Sioshansi, president of Menlo Energy Economics and publisher of the newsletter … [Read more...]
IEA in the Age of Trump: policies will determine where we go from here
The most important message from the 2016 edition of the annual World Energy Outlook, the International Energy Agencyâs (IEA) flagship publication released today, is that âpolicies will determine where we go from hereâ. âParisâ has given the international energy sector âa new sense of directionâ, notes the IEA. But much stronger policies are needed to keep global warming limited to 2 degrees Celsius, it adds. Its message takes on extra importance … [Read more...]
Can Trump revive the US coal industry? Will he even benefit oil and gas?
The election of Donald Trump is likely to benefit the US oil and gas sector, though his stand on international trade could hurt economic growth and thereby oil demand, writes Gregory Brew, analyst at Oilrpice.comTrump has been positively exuberant about coal, but according to Brew it is by no means certain that he will able to revive the US coal industry. Article courtesy of Oilprice.com. … [Read more...]
The Energiewende is running up against its limits
German transmission system operator Tennet recently announced an 80% increase in its transmission fees because of the high construction costs of new power lines to accommodate renewable energy. A study of the DĂŒsseldorf Institute for Competition Economics found that by 2025 costs of the Energiewende could exceed âŹ25,000 for an average four-person household. Jeffrey Michel concludes that the Energiewende is running up against its limits â but may … [Read more...]
To keep European offshore wind world-leading, we need an industrial policy
To retain the global lead European companies have in offshore wind, the EU should develop an industrial policy that will guarantee a steady pipeline of projects, writes independent energy expert Mike Parr. This would ensure continued investment by companies in cost reduction and technology improvements. Failure to do so could mean the offshore wind sector would suffer the same fate as the European solar PV industry. … [Read more...]
Visions clash at World Energy Congress in Istanbul
The World Energy Council gave out a clear message at the World Energy Congress that took place this week in Istanbul: the world needs to move away from fossil fuels much faster than it is doing today. That contrasted sharply with the message given out by most of the high-level speakers from government and business at the Congress, who stressed that the world needs more oil and gas. Mohammad Barkindo, the new Secretary General of oil cartel OPEC … [Read more...]
Interview IEA Chief Fatih Birol: âWe are once again increasing our expectations for renewables”
In its upcoming World Energy Outlook, the International Energy Agency (IEA) is âonce again happily increasing our growth projections of renewable energyâ, says Executive Director Fatih Birol in an interview. But a world without fossil fuels is not yet in sight. âThere are fossil fuels and fossil fuels. Coal and oil should be discouraged. Natural gas will continue to play an important role in even our most stringent scenarios.â This interview was … [Read more...]
The “new realities for energy”: peak demand, stranded assets
"The world is undergoing a Grand Transition driven by a combination of factors including the fast-paced development of new technologies, an unstoppable digital revolution, global environmental challenges and changing growth and demographic patterns", according to a statement from the World Energy Council, a UN-accredited global energy network with over 3,000 member organisations in over 90 countries. According to the World Energy Council, the … [Read more...]
World Energy Scenarios show: Strong government policies needed to limit climate change
The world will find it difficult to meet the 2°C target set in the Paris Agreement unless it goes down a path of strong enforcement by national governments of international agreements to curb greenhouse gas emissions. That's one of the key conclusions of the World Energy Scenarios 2016 report from the World Energy Council, which looks at how global trends will shape the energy industry over the next 45 years. The report was launched today at the … [Read more...]
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