Renewable energy and fossil fuel advocates have one thing in common â an unhealthy tendency to fall in love with a particular energy technology, writes Hal Harvey, founder and CEO of think tank Energy Innovation. Policymakers for their part often fall in love with particular policies. But according to Harvey, what matters is setting ambitious goals, adopting policies that reward performance and let the dynamics of the market work out how to get … [Read more...]
The five key characteristics of the future energy company
Energy markets are in the middle of a revolution, triggered by decarbonisation and innovation. History suggests that this is not a safe place to be, not even for the revolutionaries, but especially not for the âold guardâ. Stephen Woodhouse and Simon Bradbury of Pöyry Management Consulting investigate the key characteristics necessary for a successful future energy company. (This article was adapted from a new book, Innovation and Disruption at … [Read more...]
Study finds advanced nuclear reactors will have competitive costs
A new study of contemporary nuclear industry cost projections, previously unavailable to the public, provides new insight into a potential path breaking cost trend for the next generation of advanced nuclear plants, writes Dan Yurman, specialized nuclear energy reporter who runs the blog NeutronBytes. … [Read more...]
How electricity will be priced in the future
The rapid transformation of the electricity sector will make it necessary for utilities to adopt radically new pricing methods, writes Fereidoon Sioshansi, publisher of newsletter EEnergy Informer and editor of a new book, Innovation & Disruption at the Gridâs Edge. According to Sioshansi, existing volumetric tariffs will increasingly be replaced by fixed service fees. … [Read more...]
Nuclear and coal lobbies threaten to scupper renewables in South Africa
South Aricaâs state utility Eskom is undermining the development of renewable energy in South Africa, writes Professor Hartmut Winkler of the University of Johannesburg. According to Winkler, the countryâs coal and nuclear lobbies are behind the opposition to renewables. The struggle is part of a wider political confrontation over control of key parts of the South African economy. Courtesy The Conversation. … [Read more...]
The renewable energy auction revolution
Whatâs up with record low renewable energy prices? Policy innovation is key to harnessing renewable energy potential, writes Meredith Fowlie, Assistant Professor of Agriculture and Resource Economics at the University of California at Berkeley. Article courtesy Energy Institute Blog, Energy Institute at Haas School of Business. … [Read more...]
Trends in electricity prices in Europe: expect more volatility
Electricity prices in Europe will become volatile, variable renewable energy will grow but will still be supplemented significantly by conventional power plants. These are of some of the main outcomes of the power price scenario EU Energy Outlook 2050, released by Energy Brainpool. One of the major question marks for the power sector will be the development of e-mobility, write Carlos Perez-Linkenheil and Simon GöĂ. … [Read more...]
Politically charged: do you know where your batteries come from?
People are excited about batteries, from electric cars to Teslaâs 129 megawatt-hour energy storage project  in South Australia. But one important issue is often overlooked: the raw materials needed to build this technology â where they come from and their environmental cost. Ben McLellan of Kyoto University takes a closer look at what goes into the lithium-ion battery. Article courtesy The Conversation. … [Read more...]
Legal challenge to Spainâs capacity market payments well-founded
Two Spanish NGOâs have started a court case against Spainâs capacity market scheme, which they say unnecessarily subsidizes operators of large power plants for billions of euros. Gerard Wynn, independent energy consultant, explains why their arguments are well-founded. According to Wynn, Spainâs capacity mechanism violates EU rules and should be scrapped as soon as possible. This article was first published on the blog of the Institute for Energy … [Read more...]
Carbon capture and storage: too expensive for reducing power sector emissions
The hope that carbon capture and storage (CCS) can ever play a significant role in the reduction of power sector emissions is misplaced, write Jeffrey Rissman and Robbie Orvis of Energy Innovation, a San Francisco-based energy and environmental policy think tank. Coal-fired power is already more expensive than unsubsidized onshore wind and solar PV. Adding CCS will only increase this gap. The subsidies required to bring CCS costs in line with … [Read more...]
The carbon-capture dream is dying
The collapse of a Dutch âclean coalâ power project has ended near-term prospects for carbon capture and storage (CCS) in European power generation. That leaves proponents of the technology having to turn instead to smaller, industrial applications, writes energy analyst and consultant Gerard Wynn. But while CCS may make sense on a more limited scale, big problems remain there too, he adds. This article was first published on the blog of the … [Read more...]
How electric vehicles could take a bite out of the oil market
When could peak oil demand be reached? Not as soon as it seems, even with the latest automotive news out of Europe, write Amy Myers Jaffe and Lewis Fulton of the University of California, Davis. Article courtesy The Conversation. (This is the third article in a short three-part series on the latest developments in EVs.) … [Read more...]
Britain to ban new fossil fuel vehicles by 2040
Great Britain will ban all new diesel and gasoline-powered automobiles after 2040. In an announcement on 26 July, Environment Secretary Michael Gove confirmed that vehicles powered solely by fossil fuels will no longer be allowed to be sold by then in Britain, and will instead be replaced by electric vehicles (EVs), writes Gregory Brew of Oilprice.com. Courtesy Oilprice.com. (This is the second article in a short three-part series on EVs that we … [Read more...]
Electric vehicles enter the here and now
The EV market is accelerating, with both governments and major car manufacturers announcing ambitious new targets and initiatives. Jason Mathers of EDF Energy Exchange takes stock of some of the most recent developments and notes that the U.S. is threatening to fall behind Europe and China, thanks to the Trump administrationâs short-sighted policies. Courtesy EDF Energy Exchange/Climate 411 blog. (This is the first article in a short three-part … [Read more...]
Startup spotters Freerk Bisschop (Rockstart) and Evert Jaap Lugt (Yes!Delft): “Smart meters are already obsolete”
Freerk Bisschop, Director Smart Energy at Rockstart, and Evert Jaap Lugt, Managing Director at Yes!Delft, talk about what they look for in contenders for the New Energy Challenge â and for their own startup programs. They also spotlight some of the trends going on in energy innovation and call on established industry and policymakers to get more involved with startups. âEverything is changing so fast. Things like smart meters are already based on … [Read more...]
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