Turkey, faced with strong demand growth and high import dependency, is undertaking ambitious projects in new nuclear power, coal power and renewables. In an exclusive interview, Taner Yildiz, Minister of Energy and Natural Resources, explains how the Turkish government is shaping the country's energy strategy, but notes that the private sector will have to make the investments. “Having put in place a transparent, competitive market structure, I … [Read more...]
How cheap can solar get? Very cheap indeed
If current rates of improvement hold, solar power will be incredibly cheap by the time it’s a substantial fraction of the world’s electricity supply, writes famous author and thinker Ramez Naam. According to Naam, electricity cost is from now on coupled to the ever-decreasing price of technology. That is profoundly deflationary and disruptive. … [Read more...]
Obama’s Clean Power Plan: a modest proposal with revolutionary implications
President Obama’s Clean Power Plan, designed to cut carbon emissions from power plants, seems pragmatic and moderate, certainly by European standards. Yet for US observers it “makes history”, because it is the first time the federal government puts limits on “carbon pollution”. … [Read more...]
“Huge challenge to deliver enough oil and gas for 2ÂşC” – Statoil on Paris climate talks
In this video for viEUws - the EU Policy Broadcaster - journalist Sonja van Renssen is joined by Jos Delbeke (Director General for Climate Action, European Commission), Kathleen Van Brempt MEP (Vice-president of the S&D Group) and Eirik Wærness (Chief Economist and Vice President, Statoil) to debate the question: “Road to Paris: can the EU retain its leadership role at COP21?” … [Read more...]
RWE sets up its lignite plants for a taxpayer bail-out
German utility RWE has kept uneconomic lignite plants open with the explicit intention of securing a public bail-out, argue Julian Schwartzkopff, Chris Littlecott and Sabrina Schulz at E3G. It would apear the energy giant has taken a bet on being “too big to fail” that might just pay off: RWE is set to be the biggest beneficiary of a new 2.7GW capacity reserve in Germany which will pay lignite plants for going on standby. The alternative, a … [Read more...]
So we are reforming the ETS. Now what do we want it to do?
It would be a mistake to believe that a “reformed” EU Emission Trading Scheme (ETS) would be a sufficient instrument for the decarbonisation of the EU economy, writes Oliver Sartor of the Institute for Sustainable Development and International Relations (IDDRI) in Paris. A carbon market is necessary, but it is not enough. A recent study from Climate Strategies, in which Sartor participated, suggests that Member States develop long-term climate … [Read more...]
The Chinese model: backing up climate policy with green growth
With the climate plan it has submitted to the United Nations, China demonstrates that it is prepared to back up its commitments to carbon reduction with real investments in green energy, writes John Mathews, Professor of Strategic Management at Macquarie University in Australia and author of a recent book on the Asian renewables revolution. It also shows it recognizes the authority of the UN - and provides a model for other developing countries … [Read more...]
Lignite in Europe: fighting back renewables
With an output of 350 million tonnes, four EU countries – Germany, Poland, the Czech Republic, and Greece – account for over a third of the world’s lignite production. Renewable energies have cut into their profitability, but lignite producers are fighting back with increased deliveries and exports to third-party customers. In addition, they avoid CO2 penalties under the EU Emission Trading Scheme by  building plants below the 20 MW threshold. … [Read more...]
The grid will not be disrupted: why Tesla’s Powerwall won’t catalyze a solar revolution
When Tesla Motors debuted the Powerwall home storage battery at a glitzy launch at the end of April, the press and blogosphere hailed CEO Elon Musk as the inventor of the Holy Grail of renewable energy storage – and the nail in the coffin for the centralized grid. But does all the messianic talk of battery-powered “disruption” and solar triumphalism stack up? Hardly. For all their ballyhooed price reductions, Tesla batteries are still too … [Read more...]
Dimitri Pescia, Agora Energiewende: “No more baseload in 2030, no case for new nuclear in Europe”
There will be no more baseload power in Germany in 2030 and possibly not anywhere in Europe. There is no business case for new nuclear power in Europe. Renewables, not thermal power, should get capacity payments - and be responsible for balancing. These are some of the explosive messages from a new report from the influential German think tank Agora Energiewende, which represents government, industry and NGO's. In an exclusive interview with … [Read more...]
Worldwatch Institute: energy costs rise as national debts grow
Although current oil prices are temporarily low, long-term energy costs are on the rise, reports the Worldwatch Institute in its State of the World 2015 report. The Worldwatch Institute warns that “higher energy costs will have ripple effects through economies built around continued large energy-input requirements”. … [Read more...]
Heaven belongs to us all – the new papal encyclical
With his encyclical "Laudato Si" the Pope has written more than a moral appeal without obligation. He has presented a pioneering political analysis with great explosive power, which will probably determine the public debate on climate change, poverty and inequality for years to come, argues Brigitte Knopf from the Mercator Research Institute on Global Commons and Climate Change. Through her secular eyes the implications of the encyclical become … [Read more...]
The Idiot’s Guide to Running a Country’s Coal Industry … into the Ground
Recent developments in Romania’s coal sector have brought to the public’s attention two textbook examples on how NOT to manage an industry. Anca Mihalache, Senior Analyst with the Bucharest-based Energy Policy Group discusses both cases. … [Read more...]
viEUws VIDEO: Brussels Briefing on Environment – All you need to know for June 2015
In this Brussels Briefing on Environment for viEUws.eu, Sonja van Renssen provides an overview of the latest EU environment policy developments. … [Read more...]
Going for gas: the risky strategy of the world’s largest companies
They are the biggest companies in the world and they are making a huge bet: they are staking their – and our – future on natural gas. At the World Gas Conference in Paris, the major oil companies all avowed their belief that gas will be the world’s “fuel of choice”, because it is “the cleanest fossil fuel”, “abundant” and “competitive”. But Karel Beckman argues they are overstating the case for gas. And may even be betting on the wrong horse. … [Read more...]
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