Last Thursday we published this critique of the Energy Charter Treaty (ECT). Created in the 1990s, the ECT was designed to protect cross-border energy investments from political risk. Critics now say it is being used to protect fossil fuel investments in a world committed to phasing them out. Today, Andrei Belyi of energy consulting firm Balesene OU and Adjunct Professor in Energy Law and Policy at the University of Eastern Finland, who was named … [Read more...]
Perovskites: the next generation of solar cells and lighting?
Enthusiasm about the discoveries being made about perovskite materials is spreading, explains Sam Stranks at the University of Cambridge. Perovskite solar cells hit 25.2% efficiency in 2019, not far off crystalline silicon cells at 26.7%. Research is suggesting that figure could rise higher still. Perovskite can be “tuned” to absorb particular frequencies of light, allowing different layers of perovskites to absorb different and therefore more … [Read more...]
Energy Charter Treaty: reform will only happen when energy ministers get involved
Negotiations are underway for the reform of the Energy Charter Treaty (ECT), an international trade agreement under fire from former Energy Charter executives, members of the European Parliament, and NGOs. Created at the end of the cold war, it was designed to protect cross-border energy investments – in a fossil fuel world – from political risk. Clare Taylor quotes the critics who say it no longer makes sense for the treaty to protect oil and … [Read more...]
We need Behaviour Change and “Life Efficiency”, because efficiency gains and clean energy will never be enough
Behaviour change – reducing emissions by changing how we live our lives - should be part of every government and think tank’s sustainable scenario, explains Schalk Cloete. That’s because impressive advances in energy efficiency and clean energy won’t be enough to contain the emissions of a world continuing with the essential task of lifting billions of people out of poverty. But this should not be seen as a problem, says Cloete, because behaviour … [Read more...]
Little progress decarbonising Industry. Renewables can be the answer
The decarbonisation of heavy industry is making little progress. There are two main reasons. Firstly, there are no easy technology wins. Efficiency and carbon capture have been the favoured options. But efficiency gains have their limits, and carbon capture is still proving very expensive. Secondly, governments don’t want their home industries to lose competitiveness incurring costs reducing emissions. Dolf Gielen and Paul Durrant at IRENA say a … [Read more...]
Buildings Efficiency: France must embed deep retrofits into its market
France’s energy efficiency ambitions for buildings are well off target. Buildings account for 28% of the nation’s emissions and they’ve hardly reduced since 1990 – only by 3%. It’s because of the lack of development of the buildings renovation sector, explains Andreas Rüdinger at IDDRI. Without it, there’s little chance of renovating 500,000 housing units per year and bringing the entire housing stock up to the "low-energy building" (BBC) … [Read more...]
The PAC Scenario: net-zero by 2040 to meet Europe’s Paris goals
The EU is not on track to meet its Paris Agreement obligations on emissions and limiting the global temperature rise to 1.5°C. CAN Europe and the European Environmental Bureau (EEB) present their Paris Agreement Compatible (PAC) scenario, designed to do just that. It’s been created through the careful analysis of contributions from more than 150 stakeholders including NGOs, scientists, industry and grid operators. Jörg Mühlenhoff at CAN Europe … [Read more...]
UK heating plan still means 120 gas boilers installed for every low-carbon system
Though the UK is a leader in grid electrification it is a poor performer when it comes to the electrification of heating. In May the UK government proposed a clean heat policy to support the switch away from gas heating for 12,500 homes a year for two years. Jan Rosenow and Samuel Thomas at RAP say that looks like business as usual: for every one new low-carbon heating system, more than 120 gas boilers will be installed as normal. In 2019, 1.7m … [Read more...]
Why savings from the 2009 Buildings Refits stimuli were poor. Let’s do better this time
“Shovel ready” buildings renovations and refits can play an important part in a nation’s economic recovery programme. It gets money straight into the pockets of manual workers doing the refits, across the whole country, cuts the energy bills of all (both low and high income households), and accelerates efficiency gains for meeting climate targets. But first we need to learn lessons from the U.S. renovation stimuli of 2009, says Meredith Fowlie at … [Read more...]
Virtual blockchain for prosumers replicates a live utility-scale grid
Wayne Hicks at NREL describes research that’s created a virtual blockchain “prosumer” accounting system that replicates a live utility-scale grid. The goal of a real-world application is to allow countless individual households with their own electricity storage and generation to buy and sell power to each other; a truly revolutionary pathway. Clearly, it will require a system that securely accounts for vast amounts of transactions - a big enough … [Read more...]
Developing nations: Efficiency is cheaper than Coal in Indonesia
Developing economies face a particularly big challenge in reducing emissions. Their economies are growing rapidly, industrialising and urbanising. Their populations surely deserve the same rewards of wealth that the rich countries – the historical and per capita big emitters - have experienced. Can they get there without all the emissions? Indonesia believes so, committing itself to 29% unconditional emissions reductions by 2030. Virginie … [Read more...]
Investing for tomorrow, because Energy subsidies will decline 25% by 2050 – analysis
IRENA has modelled energy subsidies to 2030 and 2050 for their pathway to meet the Paris targets. Here, Michael Taylor summarises their findings. Firstly, they estimate today’s global direct energy sector subsidies to be $634bn/year (2017 figures). The vast majority, $447bn, went to fossil fuels. (By the way, he points out that none of these figures include the externality costs - pollution, healthcare, environment - which equate to trillions and … [Read more...]
IRENA’s Global Renewables Outlook and how Europe can lead the way
If the coronavirus slump has knocked everything off track IRENA’s first ever Global Renewables Outlook is a timely reminder of what that track should look like. It can help policymakers design stimuli packages that will get us back onto it, and even accelerate the transition. IRENA’s Gayathri Prakash, Nicholas Wagner and Ricardo Gorini run through the comprehensive report’s main recommendations. Annual investment, shares and GW targets to 2030 … [Read more...]
Designing the Covid-19 stimulus: what the 2008 crisis can teach us
Policy makers around the world are hearing a lot of advice on how to design their stimulus packages. This comes from the IEA where Fatih Birol lays out five fundamental lessons we can learn from the stimulus packages that came out of the 2008 global financial crisis. His main headings are: Build on what you already have – and think big (e.g. feed-in tariffs, production tax credits); Choose technologies that are ready for the big time (e.g. wind, … [Read more...]
Floating Offshore Wind Turbines: utility scale by 2024?
Floating wind turbines can access deeper waters that the usual fixed offshore ones. There the wind speeds are greater and more consistent. It opens the door to even greater efficiency and cost reductions. America’s National Renewable Energy Laboratory (NREL) has summarised a webinar by their Offshore Wind Research Platform Lead, Walt Musial. Other main take-aways include: floating platforms have long been engineered and proven by the oil and gas … [Read more...]
Recent Comments