The European Commission has proposed to set up Regional Operational Centers (ROCs), which is a welcome step in the further integration of the EU internal electricity market, writes Philip Baker of the Regulatory Assistance Project (RAP). However, according to Baker, the proposal does not go far enough: more regional coordination is needed if consumers are to reap the benefits of market integration. … [Read more...]
America’s electric vehicle future, part 2: EV price, oil cost, fuel economy drive adoption
Due to declining electric vehicle (EV) costs, growth in charging station access, and increased familiarity and acceptance by the public, EVs will play an ever-greater role in the U.S. transportation sector, writes Jeffrey Rissman of Energy Innovation, a San Fransisco-based energy and environmental policy think tank.  In part one of our analysis, we reported EVs are likely to represent at least 65% of sales in 2050, and with strong technology cost … [Read more...]
America’s electric vehicle future, part 1: 65-75% light-duty sales by 2050
Rapid battery cost declines, rising commitment from major automakers, strong policy support from state and local governments, and low operational costs (including discounted charging tariffs from utilities) have put electric vehicles (EVs) on track to pass gasoline-powered vehicles, writes Jeffrey Rissman of Energy Innovation, a San Fransisco-based energy and environmental policy think tank. Indeed, U.S. EV sales have grown an average of 32% … [Read more...]
Electric vehicles and the $5 trillion dollar market transition
Change in the world of wheels is accelerating! Momentum is building and some days it’s hard to keep up. Every week, the assumptions about the future of transportation, and the energy systems that turn our wheels, are becoming more Jetson-esque. Peter Tertzakian of Oilprice.com tries to distinguish the reality from the hype. "An electric car is not like a smartphone or a Netflix subscription." … [Read more...]
Energy traders sound alarm: “electricity borders in the EU are closing instead of opening”
Regulations governing the EU wholesale electricity market have become so complex that the integration of the market is regressing instead of progressing, says Peter Styles, Chairman of the Electricity Committee of the European Federation of Energy Traders (EFET), in an interview with Energy Post. He notes TSOs (transmission system operators) on average now make less cross-border electricity transmission capacity available on the EU high voltage … [Read more...]
Interview Claude Fischer Herzog: “EU needs a nuclear industrial policy”
Europe is in danger of losing its leading position in nuclear power, warns Claude Fischer Herzog, Director of ASCPE-Les Entretiens EuropĂ©ens et Eurafricains, a prominent Paris-based pro-nuclear civil society organisation. Fischer calls on the EU to develop an industrial policy of which nuclear power will form an integral part. … [Read more...]
The future for gas guzzlers lies in hybridization
The car of the future will be a hybrid, writes independent researcher Schalk Cloete in the second part of a short series in which he compares costs and performance of various drivetrains. According to Cloete, improvements and cost reductions in electric motors and batteries will, ironically, help the internal combustion engine (ICE) through hybridization. These cost reductions combined with substantial engine downsizing can make hybrid … [Read more...]
U.S. Energy Department sees sizable increase in world energy use till 2040
Whereas DNV GL in its recent Energy Transition Outlook forecasts an energy demand peak in the 2030s, the U.S. Energy Information Administration (EIA) will have none of this: it projects a 28% increase in world energy use by 2040. Consequently, it sees a much slower transition to a low-carbon energy system. … [Read more...]
Shell executive describes inevitable transition to carbon-free energy
"Shell wants to be a voice and a leader in the energy transition", said Harry Brekelmans, the projects and technology director for Royal Dutch Shell, a founding member of the MIT Energy Initiative (MITEI). But the company must "not abandon the process that made us a leader", namely production and distribution of oil and gas. Brekelmans met with groups of MIT students and faculty members for a public discussion about energy issues with MITEI … [Read more...]
Chasing electrification: progress is too slow
Shell scenarios show that the rate of electrification of the energy system needs to triple over the coming years to achieve the Paris goals. This is a much more challenging task than most people realize, writes David Hone, Chief Climate Change Advisor for Shell. … [Read more...]
Why the electric car hype is overblown
Electric cars offer no clear fuel cost savings relative to efficient internal combustion engine (ICE) options, writes independent researcher Schalk Cloete. CO2 and tailpipe emission benefits are also insignificant relative to efficient ICEs. As a result, notes Cloete, ICE vehicles will remain highly competitive with battery electric vehicles (BEVs). … [Read more...]
UK offshore wind boom concentrates power in the hands of a few very large developers
The price of offshore wind continues to fall dramatically. The UK government’s latest round of contracts for renewable generation have just been announced, and they show the costs of subsidies have halved in just two years, writes Bridget Woodman of the University of Exeter. This is good news, but there are downsides, Woodman notes. The scale of the projects concentrates power in the hands of a few very large developers. Courtesy The … [Read more...]
Trading biomass like oil: Lithuania shows how it can be done
European biomass markets are fragmented and intransparent, writes Jakub Kucera, economic analyst at RSJ, a Prague-based investment company. With one exception: Lithuania has a well-functioning biomass spot market, Baltpool. Could this become a model for other European countries? The Lithuanians would like to expand. … [Read more...]
New Energy Challenge 2017: Startups focus on interface between energy and automation
Energy start-ups seem to be focusing on solar power, storage, material sciences, and on the interface between automation and energy, such as big data, mobile internet and e-commerce applications. That’s the picture that emerges from the successful submissions of startups to the New Energy Challenge 2017, which is preparing for a grand finale on 28 September in Amsterdam. Geert van de Wouw, Managing Director of Shell Technology Ventures, one of … [Read more...]
For Total, the Age of Oil is not over yet
The decision of the Maersk group to sell its oil and gas division is partly due to specific circumstances, but it is also a vote of no confidence in the future of the oil industry now that peak oil demand and US shale oil imply systematically lower profitability, writes geophysicist Jilles van den Beukel. But Total clearly feels there is still a future for low-cost conventional oil, particularly in politically stable countries like Denmark and … [Read more...]
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