A gradual move away from oil, will have many benefits for the global economy, write Amy Myers Jaffe, executive director of energy and sustainability at the UC Davis Institute of Transportation Studies, and Jeroen van der Veer, former CEO of Royal Dutch Shell. According to Myers Jaffe and Van der Veer, a diminished role for oil means markets will become more stable and costly price subsidies can be reduced. The authors, both members of the new … [Read more...]
Oil giants pile into “new energies”
Major oil companies like Total, ExxonMobil, Statoil and Shell have announced moves into ânew energiesâ, writes Jason Deign, editor and publisher of Energy Storage Report. But according to Deign, it is hard to see how they can fight their way back into a renewable industry already sewn up by large players. The one remaining niche may be energy storage, which is still dominated by cash-hungry startups. … [Read more...]
BPâs view of electric cars looks unrealistic
BPâs latest long term outlook for the energy sector looks particularly unrealistic in its projection of a âmost likelyâ case of almost no uptake of electric vehicles by 2035, writes independent energy expert Adam Whitmore. According to Whitmore, even very moderate assumptions lead to substantially higher growth rates for EVs. … [Read more...]
Europeâs energy investment crisis: âthe EU energy market needs a makeoverâ
Europeâs electricity market, which has some of the highest renewable energy shares in the world, is suffering from a profound investment crisis. Sonja van Renssen spoke with top experts from government, business and academia about the causes and possible solutions. Conclusion: âtinkering around the edgesâ wonât do - âa complete makeoverâ of Europeâs market design is needed. Courtesy of World Energy Focus. … [Read more...]
viEUws video: Brussels Briefing on Energy for February 2016
In this latest Brussels Briefing on Energy, journalist Hughes Belin introduces the European Commission's "winter package" on energy security. This is the first real test of the European Energy Union. He describes two sensitive legislative proposals to give the Commission more scrutiny powers over intergovernmental agreements on energy and to improve gas security of supply through more reverse flows, a regional approach and a new solidarity … [Read more...]
EU insists energy security is about more than gas
âWhen it comes to energy security in the long term, there is no better antidote than focusing on sustainable energy,â said EU Climate and Energy Commissioner Miguel Arias Cañete at the launch of a new EU energy security master plan in Brussels on 16 February. The Commission defended its proposals â which focus on safeguarding gas supplies â as an aid to moving Europe along to a low-carbon economy as well as preparing it for possible supply … [Read more...]
World Energy Council: storage is less expensive than we think
A narrow focus on âlevelised cost of energyâ (LCoE) can be misleading when looking at the business case for energy storage. This is one of the major conclusions of a new study E-storage â shifting from cost to value carried out by the World Energy Council into the real costs of energy storage. The report is calling for the true value of energy storage to be recognised by taking into account both its cost and revenue benefits. … [Read more...]
EU takes on gas in first battle for European Energy Union
The European Commission is heading for a full-on confrontation with Member States with a new set of proposals on gas security of supply: Â a fresh attempt by Brussels to impose a truly European policy. According to leaked drafts obtained by Energy Post, the Commission will demand more oversight on gas deals with foreign countries and suppliers, and look to replace national gas policies with regional ones. There will also be a first-ever LNG and … [Read more...]
viEUws VIDEO: Top 5 EU energy priorities for next 6 months
In this special briefing, energy journalist Hughes Belin picks out the top 5 energy issues that will be discussed by the European institutions in the next six months, under the Dutch EU Presidency. 1. Gas supply: In February, the Commission is due to launch a review of the regulation on security of gas supply and of its sister regulation on security of electricity supply. The Commission will also review the EUâs information exchange mechanism … [Read more...]
The End of the Oil Age and other great stories
We reveal our most popular stories of 2015. They reveal what is preoccupying our readers the most. Yes, itâs all about the End of the Age of Oil â and the beginning of something new. … [Read more...]
German grid operator can handle 70% wind, solar before storage needed
Reneweconomy.com The company responsible for more than one-third of Germanyâs electricity grid says there is no issue absorbing high levels of variable renewable energy such as wind and solar, and grids could absorb up to 70 per cent penetration without the need for storage, writes Giles Parkinson of Reneweconomy.com. … [Read more...]
Interview Marko Delimar, IEEE: âTechnologists need to demystify energyâ
âRight now renewable energy is still in the single digits in Europe. Thatâs a disasterâ, says Marko Delimar, Professor at the University of Zagreb and Chair of the European Public Policy Group of the engineers association IEEE, the largest professional association in the world. According to Delimar, the energy transition is still at a very early stage. Technologists, he says, in an interview with Energy Post, have an important task: âWe need to … [Read more...]
Bottlenecks for energy storage in Europe â and how to address them
Energy storage is important for achieving Energy Union goals such as the expansion of renewable energy, decarbonisation, energy security, energy market integration and increased competitiveness. But its deployment is hindered by existing regulations that do not provide a level playing field, write Vincent Swinkels, Bart van der Ree and Sergio Ugarte of SQ Consult. They note that the European electricity system was not designed with energy storage … [Read more...]
Anil Srivastava, CEO LeclanchĂ©, Europe’s battery leader: âPublic transport should take the lead in electrificationâ
LeclanchĂ©, the oldest battery company in the world and the largest lithium battery manufacturer in Europe, has embarked on a special strategy to drive the electrification of transport forward. âWe are giving priority to the electrification of buses, ferries, and other mass transport systemsâ, says CEO Anil Srivastava. âElectrification is much easier to manage for buses that follow regular routes than for passenger cars. And once a standardised … [Read more...]
How cheap can energy storage get? Pretty darn cheap
If current trends hold, the world is on a trajectory to achieving energy storage that will be cheap enough to allow 24/7 clean energy in the next 15-20 years, writes famous author and thinker Ramez Naam. … [Read more...]
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