On May 18, 2021, Energy Post hosted an expert panel with the European Commission, E3G, CERRE and PKEE (the Polish Electricity Association, who also sponsored the discussion). It looked at some of the key EU support mechanisms offered to countries/companies transitioning away from coal, including the EU ETS' Modernisation Fund, the Just Transition Fund  and also how State Aid Guidelines (EEAG) contribute. We asked Stefaan Vergote (Senior Advisor … [Read more...]
Does new German target mean Coal gone by 2029, Renewables 65% by 2030?
The stiffer emissions targets introduced this month to Germany’s Climate Protection Law - CO2 emissions from the energy industry must fall to 108 Mt by 2030 instead of 175 – point to an even earlier coal phase-out date of 2029, with renewables generating 65% of electricity by 2030. The existing plan had meant coal must be gone by 2038. Michael ClauĂźner, Carlos Perez-Linkenheil and Simon Göss at Energy Brainpool explain why, using their modelling … [Read more...]
Sustainably harvested Forest Biomass can help replace coal and gas
Burning sustainably harvested wood pellets emits far less carbon than burning coal or gas. That’s the main reason why it should be used in the global energy transition, argues Jennifer Jenkins at Enviva. Coal is declining, but not fast enough. Gas consumption is rising. Forest biomass can more easily be swapped in than wind and solar to provide dispatchable power. But it must be done sustainably. Referencing her white paper, Jenkins sets out the … [Read more...]
EU-India cooperation: how to tap the large potential for climate action
India is the world’s fifth largest economy, the second most populous, and over the next few decades is expected to see energy demand grow more than any other country. Ritu Ahuja and Mekhala Sastry at TERI, Abhishek Kaushik at the Centre for Global Environment Research, and Alexandra Deprez and Lola Vallejo at IDDRI look at India’s challenges and which areas show the most potential for partnership with the EU. They focus on five themes: energy, … [Read more...]
Coal exit: EU policy revisions must face both tech and socioeconomic obstacles
By 2030, the EU must cut its emissions by at least 55% compared to 1990 levels. Agreeing on the target was hard enough. Much harder will be agreeing on the design of the rules, regulations and financial support needed to achieve it. Pieter de Pous at E3G scopes out the major decline already experienced by coal - the worst emitting energy source - before looking at the challenges faced by heavy coal users in Central and Eastern Europe (CEE). The … [Read more...]
Outlook USA: even with battery costs, Wind and Solar can undercut Coal and Gas by 2023-24
IEEFA has published its U.S. Power Sector Outlook 2021. Its authors, Dennis Wamsted, Seth Feaster and David Schlissel summarise and explain the projections. They say that coal and gas are set to become the biggest losers as renewable generation climbs quickly. The future for wind and solar – coupled with storage to address intermittency - is looking very good. They present estimates from NextEra (the largest renewable energy developer in the … [Read more...]
China: decoupling GDP growth from rising emissions
To set up this week’s important online event (Tuesday 13th & Wednesday 14th April) “China: Carbon Neutral by 2060 -EFFICIENCY FIRST” we have an overview of China’s energy transition. Everyone agrees its performance is critical for the world to achieve the global goal of limiting warming to 1.5C by 2050. China made significant progress in 2020 with policy frameworks, renewable capacity additions and EVs, but it also added 38 GW of new … [Read more...]
“The Role of the EU ETS in Decarbonisation to 2030” [written summary of the panel discussion]
Here you can read a summary of the online discussion from March 19th 2021 on the current debate over the review of the EU ETS. The full video is available here. Of primary concern for fossil-dependent lower income nations is the carbon price rising so high that it reduces available budget for investment in clean energy. If that happens there’s clearly a problem. The counter argument is that there are other funding mechanisms available, and more … [Read more...]
“The Role of the EU ETS in Decarbonisation to 2030” [Energy Post event video]
Here you can watch our video of the online discussion from March 19th 2021 on the current debate over the review of the EU ETS. Of primary concern for fossil-dependent lower income nations is the carbon price rising so high that it reduces available budget for investment in clean energy. If that happens there’s clearly a problem. The counter argument is that there are other funding mechanisms available, and more than one pathway for successful … [Read more...]
An EU ETS that lifts carbon prices too high can make clean energy transitions harder
This coming Friday 19th March, 11.00 to 12.30 CET, we have an online panel discussion plus audience Q&A on "The Role of the EU ETS in Decarbonisation to 2030". All are invited. We will dig into how the EU ETS is being shaped to ensure it meets its primary objective, the decarbonisation of Europe. To help set it up, Wanda Buk, Vice-President for Regulatory Affairs at PGE Group answers questions that are being asked of Poland’s position and its … [Read more...]
Are Regulations and Climate Activism the main driver for coal exits, not Gas and Renewables prices?
It’s widely thought in the media and politics that market forces are now the primary driver for the demise of coal: mainly natural gas prices, and the rising adoption and competitiveness of wind and solar. However, David Drake and Jeffrey York at the University of Colorado Boulder present their research from the U.S. that suggests the two main drivers are federal policy and climate activism. They studied the retirement of 348 coal-fired units … [Read more...]
“The Role of Gas” in Europe and China: EVENT VIDEO on security of supply, gas to power, competitive markets & renewable gases
We present the videos of the second of our three, 4-session workshops on the opportunities for European energy solutions providers to take part in China's energy transition. In this workshop, held in February, we looked at gas. Demand in China is expected to keep growing. That’s because China doesn’t just need to replace coal, it simply needs more energy. Europe’s gas sector has decades of relevant experience, technology, policy, planning and … [Read more...]
Coal Phase-Out in Central Europe: cooperation is better than law suits
On Monday (February 22nd 2021) the Czech government announced their intention to file a lawsuit in the EU Court of Justice against Poland’s plan to “expand the mining” at Turow, saying it can endanger the drinking water for up to 30,000 people living in the Liberec Region. Frank Umbach at EUCERS argues such a lawsuit sets a dangerous precedent that could stand in the way of regional cooperation and achieving the EU’s climate goals. Instead, the … [Read more...]
EU Taxonomy: Gas as a transition fuel needs Green Deal support too
PGE Group is Poland's largest energy company. Its transformation plan targets a 50% share from renewable generation and an 85% reduction in CO2 emissions by 2030. By 2050 it intends to have net zero CO2 emissions and provide 100% green energy to its customers. As with all nations around the world, and certainly in the EU, successful transitions depend on capital flows to the right sectors, signposted by policies and support. What does and does … [Read more...]
Decarbonising Industry is key to China’s net-zero strategy
China has committed to a CO2 emissions peak before 2030 and carbon neutrality before 2060. It’s 14th 5-year plan will be released in March, followed by sector-oriented plans. For the first time it will include a dedicated plan addressing climate change. Dolf Gielen, Yong Chen and Paul Durrant at IRENA start by laying out China’s energy mix for scrutiny, then dive into its industrial sector which accounts for 60% of gross final energy use. Success … [Read more...]
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