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Investing billions in new cross-border Electricity Transmission capacity can cover its costs within a few years

November 27, 2023 by George Dimopoulos, Conall Heussaff and Georg Zachmann

The huge divergence of electricity prices between nations after the energy crises of 2021 and 2022 exposed Europe’s pressing need to increase cross-border transmission capacity, explain George Dimopoulos, Conall Heussaff and Georg Zachmann at Bruegel. Without it, generation costs will be higher, emissions too, and new generation will continue to be badly congested. The author’s calculations reveal that one additional MW of cross-border capacity … [Read more...]

Filed Under: Energy, Grids Tagged With: Austria, Belgium, capacity, congestion, costs, Czechia, electricity, EU, France, Germany, Hungary, interconnector, investment, Italy, Luxembourg, Netherlands, NorLink, Norway, Poland, prices, solar, Switzerland, Transmission, wind

New Solar study: 50% of global power by 2050, even without more ambitious climate policies

November 17, 2023 by Nadia Ameli, Femke Nijsse and Jean-Francois Mercure

Nadia Ameli at UCL and Femke Nijsse and Jean-Francois Mercure at the University of Exeter present their study that shows solar is on track to make up more than half of global electricity generation by 2050, even without more ambitious climate policies. This far exceeds any previous estimates: last year’s IEA World Energy Outlook predicted that solar would account for only 25% by 2050. The authors’ macroeconomic model takes the latest … [Read more...]

Filed Under: Energy, Renewables Tagged With: costs, CriticalMinerals, electricity, financing, IEA, Intermittency, investment, modelling, power, solar, VRE

Cost vs Resilience: Europe’s sourcing strategy will shape the regional Hydrogen economy

November 15, 2023 by Jonas Lotze, Massimo Moser, Janina Erb, Roman Flatau, Felix Greven and Max Labmayr

The upcoming EU Hydrogen Bank pilot auction and trilogue discussions are focussing minds on the future of hydrogen. Jonas Lotze and Massimo Moser at TransnetBW and Janina Erb, Roman Flatau, Felix Greven and Max Labmayr at d-fine present the results of their modelling of two hydrogen sourcing scenarios: "Global Market" (GM) where the import of hydrogen into Europe is unrestricted, and "Energy Resilient Europe" (ERE) where almost all hydrogen is … [Read more...]

Filed Under: Energy, Hydrogen Tagged With: aviation, costs, Denmark, EU, Europe, flexibility, France, gas, Germany, Greece, hydrogen, imports, industry, Italy, Netherlands, oil, Poland, renewables, resilience, ship-ping, sourcing, spain, steel, storage, syntheticfuel, Transmission, transport, UK

Green Methanol: an alternative fuel for heavy vehicles and shipping?

October 25, 2023 by Gabi Thesing

It’s very early days but pilot projects for green methanol are underway, explains Gabi Thesing writing for WEF. It’s a low-carbon fuel that can be produced from renewable sources such as biomass or using carbon capture. Compared to traditional fossil fuels it can reduce CO2 emissions by 60-95%, nitrogen oxide by 60-80%, and almost completely eliminate sulphur oxide and particulate matter emissions. Green methanol can be blended with traditional … [Read more...]

Filed Under: Alternative fuels, Energy Tagged With: biomass, CCS, CCUS, China, costs, decarbonisation, diesel, emissions, FlagshipONE, fossils, gasoline, green, methanol, Orsted, petrol, pollution, shipping, Sweden, transport

Electrochemical Carbon Capture: a cheaper one-step process, power by clean energy

October 4, 2023 by Jennifer Chu

Carbon capture is expensive. Hence continuous attempts in laboratories around the world to find new ways to capture CO2 that are simpler and cheaper. One problem with the traditional method is that it is a two-step process, and energy intensive (therefore powered by high-heat fossil fuels). Jennifer Chu at MIT describes a new electrochemical method that separates out CO2 in a single step, and it’s powered by clean energy. It’s particularly … [Read more...]

Filed Under: Carbon Capture, Energy Tagged With: carbon, CCS, CCUS, CDR, cement, chemicals, CO2, costs, electrochemical, electrode, industry, manufacturing, steel

Belgium: commercially viable Rooftop Solar for social housing. No installation subsidies, lower bills

September 28, 2023 by Sven Van Elst and Maarten Michielssens

Rooftop solar is becoming a key component of the roll-out of clean energy. But whereas the decision to install is straightforward for homeowners, how do tenants in social housing blocks take advantage of the subsidies and lower electricity prices? Sven Van Elst at ASTER and Maarten Michielssens at Energy Vision, writing for WEF, describe their project that is installing rooftop solar, free, for 52,500 social rental homes in Flanders, Belgium. No … [Read more...]

Filed Under: Energy, Renewables Tagged With: Belgium, costs, electricity, Flanders, installation, prices, rooftop, solar, subsidies, tenants

Space-Based Solar Power: getting closer as SpaceX and Blue Origin bring down the cost of heavy-lift launches?

September 20, 2023 by Matteo Ceriotti

“Space-based solar power” (SBSP) sounds great in theory: giant solar farms in space collect unobstructed sunlight 24/7 and beam it to Earth stations, all using technology that already exists. It isn’t getting off the ground (pun intended!) primarily because of the cost of launching thousands of tonnes into space, plus assembly and maintenance. The attraction is that, if it can happen affordably, it could provide a hundred times the energy the … [Read more...]

Filed Under: Energy, Innovations, Renewables Tagged With: assembly, BlueOrigin, costs, emissions, ESA, launch, maintenance, pollution, SBSP, solar, space, SpaceX

Though the price shocks hurt, Renewables installed between 2021-23 saved Europe €100bn

September 18, 2023 by Joe Myers

According to the IEA, without the solar and wind capacity additions made in 2021-23 Europe’s energy costs would have been €100bn higher in those three years, as prices spiked due to Russia’s invasion of Ukraine and the unexpected drop in output from nuclear and hydro. That money saved is another reason why the ramp up of renewables is so important, explains Joe Myers writing for the World Economic Forum who summarises the IEA data. Natural gas … [Read more...]

Filed Under: Energy, Renewables Tagged With: costs, EU, Europe, geopolitics, hydro, Nuclear, prices, Russia, solar, Ukraine, wind

Germany plans for Carbon Capture in Industry: emissions, potentials, costs

September 15, 2023 by Simon Göss and Hendrik Schuldt

In the first article of this series, Simon Göss and Hendrik Schuldt at carboneer gave the background to Germany’s new drive for carbon capture, and summarised the industrial sectors that will be its focus. Here, the authors analyse the emission profiles of German industries (in particular: steel, cement, lime, chemicals, waste incineration) and the associated CCS potentials and costs. The first thing to note is that it’s the process emissions … [Read more...]

Filed Under: Carbon Capture, Energy Tagged With: capture, carbon, CCS, CCUS, CDR, cement, chemicals, costs, emissions, Germany, industry, infrastructure, lime, potentials, process, steel, storage, transport, waste

Sodium-ion batteries ready for commercialisation: for grids, homes, even compact EVs

September 11, 2023 by Carlos Ruiz, Martina Lyons, Isaac Elizondo Garcia and Zhaoyu Wu

Sodium-ion (Na-ion) batteries, a much more abundant and cheaper alternative to the standard Lithium-ion, are on the verge of commercialisation, explain Carlos Ruiz, Martina Lyons, Isaac Elizondo Garcia and Zhaoyu Wu at IRENA. Though there’s enough Lithium in the world to support global electrification targets, tightening demand and supply chain constraints point at the urgent need for an alternative. The cost of a Na-ion battery cell is expected … [Read more...]

Filed Under: Energy, Storage Tagged With: batteries, China, costs, demand, distributed, grids, innovation, lithium, prices, Sodium, storage, supply

First-of-a-kind U.S. utility pilots community Geothermal to cut emissions and bills

July 19, 2023 by Adele Peters

For the first time in the U.S. a utility is piloting a community geothermal project to heat and cool 40 buildings and cut customers’ bills. Success will lead to scale up and replication, explains Adele Peters writing for the World Economic Forum. The case for community geothermal is very strong. Though geothermal’s up-front costs of installing pipes deep underground are high, running costs are low. The pilot, in Framingham (Massachusetts), will … [Read more...]

Filed Under: Energy, Geothermal Tagged With: buildings, community, cooling, costs, district, gas, geothermal, heating, HVAC, US, utilities

Norway’s Sleipner and Snøhvit CCS: problems expose limitations of the science, regulations and multi-decade commitment

July 14, 2023 by Grant Hauber

The offshore carbon capture and storage (CCS) projects of Norway’s Sleipner and Snøhvit are often cited as good case studies for the viability of the technology. Other CCS hubs are being proposed from Malaysia to the North Sea to the Gulf of Mexico, larger by factors of 10 or more. But how viable are they? Grant Hauber at IEEFA summarises his in-depth report on the risks. Both Sleipner and Snøhvit, operating since 1996 and 2008 respectively, have … [Read more...]

Filed Under: Carbon Capture, Energy Tagged With: CCS, CDR, CO2, costs, geology, GulfofMexico, Malaysia, NorthSea, Norway, offshore, regulations, Sleipner, Snøhvit, standards, storage

Germany to ramp up the decarbonisation of Buildings Heating from Jan 1st 2024. How?

July 11, 2023 by Sebastian Ligewie

Decarbonising heating is a major challenge for any country. Germany’s Building Energy Act (GEG) means that from 2024 every newly installed heating system, in new or existing buildings, must operate with a minimum of 65% renewable energy. Concerns over the costs to customers (installing new and expensive systems, or paying a penalty for fossil heating) has led to intense debates, hence the new law includes a range of subsidies, bonuses, discounted … [Read more...]

Filed Under: Buildings, Energy Tagged With: buildings, costs, decarbonisation, district, exemptions, gas, GEG, Germany, heating, municipal, oil, renewables, residential, subsidies

Nuclear power capacity is growing globally. Where, how and why

July 6, 2023 by Ewan Thomson

Ewan Thomson at the World Economic Forum summarises the state of nuclear power worldwide. In 2020 it made up 10% of global electricity generation, more than all the wind and solar PV combined. It’s the second-largest source of low-emissions electricity. But many advanced countries are no longer backing nuclear, citing safety and cost concerns, and instead are pushing the growing number of alternative clean energy technologies. Nevertheless, … [Read more...]

Filed Under: Energy, Nuclear Tagged With: China, costs, electricity, Europe, fuel, India, Nuclear, reactors, Russia, safety, SMRs, US

“Flow Batteries” for grid-scale storage: modelling cheaper alternatives to Vanadium

June 7, 2023 by Nancy Stauffer

Flow batteries are a promising new technology for grid storage. Rather than the standard batteries that store charge in a solid material, they use a solution to store that charge, making large-scale long-duration electricity storage much easier. Vanadium electrolytes have been the preferred choice so far, but affordable supplies are limited and a cheaper alternative will be needed for global scale-up, explains Nancy Stauffer at MIT who describes … [Read more...]

Filed Under: Energy, Innovations, Storage Tagged With: batteries, costs, degradation, electrolytes, FlowBatteries, grids, iron, LCOE, lifetime, manganese, modelling, organic, research, Vanadium

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Most read this week

  • Sodium-ion batteries ready for commercialisation: for grids, homes, even compact EVs by Carlos Ruiz | posted on September 11, 2023
  • Though the price shocks hurt, Renewables installed between 2021-23 saved Europe €100bn by Joe Myers | posted on September 18, 2023
  • 10 Carbon Capture methods compared: costs, scalability, permanence, cleanness by Ella Adlen | posted on November 11, 2019
  • Improved “Solar Thermochemical” process captures 40% of the sun’s heat to produce Green Hydrogen by Jennifer Chu | posted on November 29, 2023
  • Investing billions in new cross-border Electricity Transmission capacity can cover its costs within a few years by George Dimopoulos | posted on November 27, 2023
  • Italy: 71 GWh of additional Grid Storage required by 2030 says Terna by Sara Stefanini | posted on November 28, 2023
  • Middle East & Africa to export Hydrogen to Europe? Better to make green Iron & Steel and export that by Soroush Basirat | posted on November 23, 2023
  • Micro-nuclear reactors: up to 20MW, portable, safer by Christina Nunez | posted on April 22, 2021
  • Understanding the new EU ETS (Part 2): Buildings, Road Transport, Fuels. And how the revenues will be spent by Simon Göss | posted on February 6, 2023
  • What’s best for Hydrogen transport: ammonia, liquid hydrogen, LOHC or pipelines? by Herib Blanco | posted on May 5, 2022
  • Why we need a European Central Carbon Bank within the EU ETS framework by Robert Jeszke | posted on November 20, 2023
  • How to manage price risk as the EU shifts from Russian Gas to Renewables by Kong Chyong | posted on December 1, 2023
  • What does cutting-edge Smart Metering look like as Grids become increasingly complex? by Gridspertise | posted on November 23, 2023
  • Carbon Footprints for every product: the need for sector-specific, comprehensive granular data and accounting by Nicole Labutong | posted on November 30, 2023
  • Farming Algae for Carbon Capture: new research cuts “fouling.” Scale-up in 3 years? by David Chandler | posted on June 21, 2023
  • Clean energy is driving job growth, but skills shortages are a major barrier by IEA | posted on November 24, 2023
  • CBAM is now active. A guide to what companies must do to comply by Simon Göss | posted on October 27, 2023
  • Can Aluminium-air batteries outperform Li-ion for EVs? by Helena Uhde | posted on September 8, 2021
  • EU Energy Outlook to 2060: how will power prices and revenues develop for wind, solar, gas, hydrogen + more by Alex Schmitt | posted on December 6, 2022
  • EU Carbon Removal Certification Framework: new rules to turn greenwashing into genuine removals by Simon Göss | posted on May 16, 2023

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      Recent Posts

      What does cutting-edge Smart Metering look like as Grids become increasingly complex?

      How to manage price risk as the EU shifts from Russian Gas to Renewables

      Carbon Footprints for every product: the need for sector-specific, comprehensive granular data and accounting

      Improved “Solar Thermochemical” process captures 40% of the sun’s heat to produce Green Hydrogen

      Italy: 71 GWh of additional Grid Storage required by 2030 says Terna

      Investing billions in new cross-border Electricity Transmission capacity can cover its costs within a few years

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