The Chinese government is making a major effort to boost the sales of small, low-speed EVs, which are to play a major role in the country's rapid urbanisation, writes Dennis Zuev of Lancaster University. According to Zuev, many countries around the world are likely to follow China's lead. Courtesy of The Conversation. … [Read more...]
10 energy surprises in 2017
Peter Tertzakian of Oilprice.com zooms in on 10 not-so-obvious issues that may turn out to be key influencers in energy markets in 2017. … [Read more...]
Dutch government: only EVs and hydrogen cars from 2035, phase-out natural gas
The Dutch government has presented a long-term energy plan that stipulates that no new cars with combustion engines may be sold from 2035 on. In addition, in the Netherlands – for over 50 years the largest natural gas producer in the EU – all houses will be disconnected from the gas grid by 2050. The plan has broad parliamentary support – in fact, many political parties believe it does not go far enough. … [Read more...]
India wants to become a solar superpower – but its plans don’t add up
India aims to build 1 terrawatt of global solar power – four times the current worldwide total – 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 Dénes Scala of Lancaster University. Courtesy of The Conversation. … [Read more...]
Reinventing Fire in China
Amory Lovins’ 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 – 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 Agency’s (IEA) flagship publication released today, is that “policies will determine where we go from here”. “Paris” has given the international energy sector “a new sense of direction”, 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...]
Biofuels turn out to be a climate mistake
Biofuels are usually regarded as inherently carbon-neutral, but once all emissions associated with growing feedstock crops and manufacturing biofuel are factored in, they actually increase CO2 emissions rather than reducing them, writes John DeCicco of the University of Michigan. According to DeCicco, biofuels are actually more harmful to the climate than gasoline. Courtesy of The Conversation. … [Read more...]
Europe’s renewable transport targets need biofuels, they can’t be met with EVs alone
The decarbonisation of the transport sector presents a huge challenge for Europe, writes Paul Deane of the Environmental Research Institute in University College Cork, Ireland. Many people believe electric vehicles (EVs) are the answer, but according to Deane biofuels will need to deliver most of the targets for the time being. “EVs will have their day but it may be further down the road than we hoped.” … [Read more...]
The five S’s that will define the new energy order
Digitalisation has already had a huge impact on the energy sector, yet we are only at the start of a revolution that will rip apart any business that is too slow to embrace it, writes Gerard Reid, founding partner of Alexa Capital, financial analyst and co-founder of the Energy and Carbon blog. According to Reid it is the combination of five S’s – software, semiconductors, sensors, solar and storage – that will define the new energy order. And it … [Read more...]
Peak car ownership will speed up peak oil demand
In a new report, the Rocky Mountain Institute makes the stunning prediction that car ownership will peak by 2020. New ownership models and technological advances such as driverless cars will utterly transform the mobility market, concludes Fereidoon Sioshansi, president of Menlo Energy Economics and publisher of the newsletter EEnergy Informer. The big casualty will be oil companies, which are still in denial. … [Read more...]
Peter Carlsson, business angel (ex-Tesla): “Battery breakthrough 5-8 years away”
Europe is behind the US and Asia in battery development, but it can catch up if it sets aggressive goals and tough standards, says California-based entrepreneur and investor Peter Carlsson. After leaving Tesla Motors last year, the supply chain expert is helping a host of cleantech start-ups profit from the energy transition. Within 5-8 years, batteries will break through big-time, he predicts. Grid storage will be done in stationary batteries … [Read more...]
Electric car revolution may drive oil ‘investor death spiral’
Advanced batteries could “tip the oil market from growth to contraction earlier than anticipated,” concludes credit rating agency Fitch in a new study. Bloomberg New Energy Finance (BNEF) has already told investors to expect the ‘big crash’ in oil by 2028 — and as early as 2023. Joseph Romm Joseph Romm, founding editor of the influential weblog Climate Progress, warns of the “investor death spiral” that may await the oil industry. Article … [Read more...]
Here’s how to build 100% clean renewable energy in the US before 2040
There really is a feasible way to build our way out of the climate crisis in time to avoid the worst effects of global warming, writes Tom Solomon of 350 New Mexico. We do it by rapidly replacing all fossil fuel-based energy with renewable energy built with current technology, installed in a smart grid. We pay for it without damaging the economy and actually save money vs. our current reliance on fossil fuels. The ‘side benefits’ include cleaner … [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...]
The new EON, the new Johannes Teyssen: “The future is state-led renewables, stop dreaming of perfect Energy Union and Emission Trading System”
In one of his first in-depth interviews since the restructuring of EON, CEO Johannes Teyssen sets out a completely new vision of where he sees European energy markets and policies going. The future according to Teyssen is: distribution much more than transmission; state-led renewables auctions and capacity markets, not wholesale energy-only markets; carbon taxes or floor prices, not carbon trading or emission trading; higher energy efficiency … [Read more...]
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