Poland can’t continue to rely on coal, because it’s dirty, inefficient and increasingly has to be imported from Russia. But is there an alternative? Yes, there is, writes Mike Parr of consultancy PWR: Poland could import excess nuclear power from Ukraine. In fact, the interconnections for this have been in place for years. But Polish politicians have not taken action. … [Read more...]
Keeping coal plants open: the Spanish government’s costly intervention in the power market
After power producer Iberdrola announced the closure of their last coal plants, on 10 November, the Spanish government has said it might intervene to keep them open. Such an intervention, write energy experts Gerard Wynn and Paolo Coghe, is taking a page out of Donald Trump's book. It is costly, bad for the investment climate, and for the planet’s climate. … [Read more...]
Should EPH, betting on a coal power future, have its cake and eat it too?
EPH, the Czech energy company that bought Vattenfall’s German lignite assets, has joined a legal action against new pollution limits, writes energy finance consultant Gerard Wynn. Although EPH acquired the plants at a steep discount, and has profited from a sharp rise in wholesale power prices, the company apparently is still not satisfied, notes Wynn. It wants to be able to disregard EU-wide rules that protect people from air pollution and … [Read more...]
India’s green shift to renewables: How fast is it happening?
India is moving at a rapid pace to adopt a green shift in its power sector, across industry and in transport, aiming to reduce dependence on the black fossil fuelled energy economy, write Simran Talwar and John A. Mathews. But finance remains a problem: many banks are complacent in their lending to fossil fuel projects. Attempts in the international trade arena to curb India’s strategies of building green power industries using the tools of local … [Read more...]
The next generation of European nuclear talent: where will it come from?
Life isn’t easy for nuclear power in the EU. Member States pursue totally contradictory policies, existing nuclear generation gets little or no public support, and France’s flagship third-generation EPR design is struggling to become competitive. At the same time, the EU is expecting the industry to maintain its generation capacity until 2050, which will require substantial new construction. Under these circumstances, can the sector find the next … [Read more...]
How the International Energy Agency is steering the world to climate disaster
The International Energy Agency (IEA) likes to present itself as a climate champion, but it is in fact steering the energy system towards catastrophic levels of warming, writes Greg Muttitt, Senior Advisor at NGO Oil Change International. The IEA is supposed to be an advisory body to its members countries, Muttit notes, but its real masters appear to be the fossil fuel companies. … [Read more...]
COP23: ramping up ambition
In a timely reminder for the national negotiators at the Climate conference in Bonn (COP23), PwC recently released their annual Low Carbon Economy Index, which showed yet again that current emission reduction plans for the global economy do not match the goal of the Paris Agreement, writes David Hone, Chief Climate Change Advisor at Shell. According to Hone, the task that confronts the negotiators is to turn the Agreement into a set of effective … [Read more...]
It is time for the UN climate process to tackle fossil fuels
The word “fossil fuels” does not appear in the Paris Climate Agreement, write Georgia Piggot and Peter Erickson of the Stockholm Environment Institute (SEI). They call on leaders to start addressing not just greenhouse gas emissions, but coal, oil and gas production as well. Courtesy Climate Home News. … [Read more...]
Wind, solar costs continue to fall and fossil fuels can’t stop them
The latest update for energy technology costs put together by global investment bank Lazard has been released and shows a growing advantage for wind and solar technologies over fossil fuels such as coal, gas and nuclear, writes Giles Parkinson of Reneweconomy.com. Original post. … [Read more...]
Is the Paris climate deal legally binding or not?
“Like hell it’s non-binding,” Donald Trump has said of the 2015 UN deal to cut carbon pollution. Is he right, ask Timmons Roberts and Angelica Arellano? The answer is not black or white. Article courtesy Climate Home News. … [Read more...]
Five things that should happen at the Bonn climate talks but probably won’t
If the Paris agreement is to be anything other than a farce, there are five things that should happen at the climate convention that has just started in Bonn, write Matthew Paterson and Marc Hudson of the University of Manchester. Chances are, however, that they won’t. Courtesy The Conversation. … [Read more...]
How Romania can become a key player in the European gas market
Romania has the third largest natural gas reserves within the European Union (EU) and new reserves are still being discovered. With domestic gas production within the EU declining, the country could play an important role in the regional market. But for this to happen, interconnections need to be expanded and the liberalization of the market needs to be completed, write Ramona Visenescu and Henry Bartelet of the independent international think … [Read more...]
Value-added electricity services: who should supply them and how?
Berkeley Lab has released a new report that discusses who should supply the new value-added services that are emerging in the electricity market - and what policies and regulations are needed to nurture this new market. The report applies to the U.S., but includes lots of lessons for Europe as well.  … [Read more...]
World greenhouse gas levels make unprecedented leap
Global average carbon dioxide concentrations rose by 0.8% during 2016, the largest annual increase ever observed, write researchers Paul Fraser, Paul Krummel and Zoe Loh of Australia’s national science agency CSIRO. Courtesy The Conversation. … [Read more...]
Shell, BP climate disclosures ‘just a marketing tool’, says ShareAction
Two years after BP and Shell shareholders resoundingly passed resolutions requiring the oil majors to factor climate change risks into their corporate strategy and accounting, the two companies are disclosing no more than bare minimum, a new report from a U.K.-based NGO has found. Article by Kyla Mandel of DeSmog. … [Read more...]
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