In a draft bill released on 13 November, the Spanish government is proposing to ban fossil fuel subsidies and fracking, reduce greenhouse gas emissions by 20% by 2030 (37% compared to current levels) and 90% by 2050, boost the share of renewables to 35% (70% of power generation) in 2030 and discourage diesel and petrol cars. Natalie Sauer of Climate Home News portrays the woman behind the plan, ecological transition minister Teresa Ribera, and … [Read more...]
We have a decade to prevent dangerous climate change: these 10 policies can save us
The climate change challenge is not technical nor even economic, but a matter of enacting the right policies, writes Silvio Marcacci, Communications Director at San Francisco-based think tank Energy Innovation. Based on new research, Marcacci outlines the the types of policies that are the most effective. … [Read more...]
Energy efficiency is more than saving energy: “We need to build a real marketplace”
Energy efficiency experts have come to the conclusion that “selling the business case of energy efficiency on the basis of cost savings is not enough.” If the potential of energy efficiency is to be realised, a real marketplace in projects needs to be built and the “non-energy benefits” of efficiency must be monetised writes Brussels-based journalist Clare Taylor. The European Commission has developed a number of instruments, including a unique … [Read more...]
Coal can’t compete – and its true costs are even higher than they appear
In Texas, income from electricity sales does not even cover the direct costs of coal power plants. But their hidden costs are much higher, explains Daniel Cohen of Rice University in Houston. Courtesy The Conversation. … [Read more...]
The impact of electric vehicles on electricity demand
Many in the industry are relying on electric vehicles (EVs) to reverse the downward trend in global electricity consumption. But a new report from Redburn, a UK research and investment company, suggests the growing energy efficiency of EVs means that the industry and investors may have to look elsewhere for significant boosts in demand for electrical power, says energy expert Fereidoon Sioshansi of EEinformer. … [Read more...]
Time to re-think Britain’s capacity market
Answering the call for opinions for the UK capacity market review, Gerard Wynn of the Institute for Energy Economics and Financial Analysis (IEEFA) says its time for a rethink. Since its introduction to ensure energy security, 75% of payments have gone to existing coal, gas and nuclear plants, and only 10% to modern assets. By continuing with market reforms and building interconnections with Europe, the UK can have an efficient, market-led … [Read more...]
Brexit: What it means for UK-EU energy trade
The UK says it wants to keep or even expand its close ties with the European Union energy market after Brexit, but it might not get what it wants if the country leaves the EU with no deal in 2019. Gas and electricity will continue to be traded between the two, but the risks of shortages and higher costs for the UK and Ireland will grow and increase over time, explains Sara Stefanini of Climate Home News. … [Read more...]
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