Without Hinkley Point C, the potential to have a real and considered debate about the future shape of the electricity system has loomed into view, writes Bridget Woodman, Course Director, MSc Energy Policy, at the University of Exeter. According to Woodman, the UK government’s decision to delay a final go-ahead on the project makes it possible to start debating the sorts of options being considered widely around the world, with measures to … [Read more...]
As Hinkley Point C put on ice: the UK needs to get over energy megaprojects
The UK needs to get over the idea that megaprojects are the solution to everything, writes David Elmes, Head of Warwick Business School Global Energy Research Network. As the traditional investors in British oil, gas and electricity look smaller and less able to take on large projects, the UK needs an industrial energy strategy centred on a mix of smaller and larger projects. Courtesy of The Conversation. … [Read more...]
Higher natural gas prices ahead in US after record demand and lower production
Gas production in the US is falling for the first time in years. At the same time, the US power sector is burning more natural gas than ever. This means gas prices are likely to rise this coming winter, writes Nick Cunningham of Oilprice.com. … [Read more...]
Hooked! Our addiction to fossil fuels must be fought in the way we tackled smoking and drugsÂ
Analysts such as those from the Energy Information Administration (EIA) see no signs of a determined move away from fossil fuels, writes energy expert and author Michael Klare. According to Klare, success in any global drive to avert climate catastrophe will involve tackling addictive behavior at its roots and promoting lasting changes in lifestyle. To do that, it will be necessary to learn from the anti-drug and anti-tobacco communities about … [Read more...]
The days of separately managed generation, transmission and distribution are over
The days of separately managed generation, transmission and distribution are over, writes Lisa Davis, Member of the Managing Board of Siemens AG. According to Davis, the energy systems of the future will need to integrate the entire value chain from generation to consumption. The key to managing these increasingly complex systems is balance and flexibility. … [Read more...]
Energy efficiency in the UK: why are we walking away from it?
For the first time in more than two decades, the UK has no energy efficiency programme for the bulk of the market, write Jan Rosenow and Richard Cowart of the Regulatory Assistance Project (RAP). The authors note that the pace of reduction in energy demand is already slowing down and this will only get worse in the coming years. They call on the UK government tot take action: the market won’t deliver energy efficiency without incentives or … [Read more...]
The secret behind the sensational Dutch offshore wind record
Dong Energy has set a record low price for an offshore wind farm in the Netherlands. According to energy expert Mike Parr, the Dutch achieved this result thanks to their tendering model – following the Danes – offering a shovel-ready project to operators. UK wind farms are much more expensive because the UK lets operators carry out preparatory work by themselves. In any case, the future for offshore wind now looks bright. … [Read more...]
The EU’s climate plan is not enough – and everyone knows it
On Wednesday the European Commission will release its plans to share out the EU's 40% by 2030 greenhouse gas target among the 28 member states. The Commission will claim its proposal is ambitious, but everyone in Brussels knows this is not true, writes Brook Riley of Friends of the Earth Europe. European policymakers need to come clean and admit the EU is not doing enough. What would help is that they stop presenting climate policy to the public … [Read more...]
How solar growth will wreck the economics of existing power markets
Continued solar growth could lead to significant decreases in wholesale electricity prices during most peak hours, writes Alex Gilbert, cofounder of US-based energy research platform Spark Library, in an article analysing the effects of solar power on electricity markets. While lower wholesale prices can impact solar’s growth they will also hurt other energy sources, particularly coal and nuclear but also natural gas and energy efficiency. … [Read more...]
Europe increasingly dependent on oil imports, above all from Russia
European dependence on oil imports has grown from 76% in 2000 to over 88% in 2014. The EU spends some €215 bn on oil imports, over 5 times as much as gas imports (€40 bn). Russia is the biggest supplier: dependence on Russia has grown from 22% in 2001 to 30% in 2015.  These are some of the main conclusions of a study from Cambridge Econometrics made for the Brussels-based NGO Transport & Environment (T&E). … [Read more...]
Oil companies and climate change: their assets are not at risk, their long-term business model is
Global warming has fundamentally changed the business environment for oil companies, writes geophysicist Jilles van den Beukel (ex-Shell). But they will not sink under “stranded assets” or a “carbon bubble”, as some environmentalists claim. Such notions, argues Van den Beukel, are based on a lack of understanding of the value of different types of reserves. It is rather their long-term business model that is at stake. And there is probably not … [Read more...]
Interview Adnan Amin, head of IRENA: “Everything we see is pointing to transformational change”
“Everything we are seeing is pointing to transformational change in the energy sector”, says Adnan Z. Amin, Director-General of the International Renewable Energy Agency (IRENA). “We don’t need a miracle, it’s already happening.” Amin, under whose leadership IRENA has become the world’s fastest-growing intergovernmental organisation with over 170 member countries, says that renewables are growing much faster than most people, including many … [Read more...]
Natural gas vehicle sales in US sag but prospects still good
The market for natural gas vehicles in the US took a small hit last year, as a result of low oil prices. Nevertheless, sales of CNG and LNG powered vehicles continue to be significant and the number of filling stations continues to grow, writes Frank Swigonski, Associate at Advanced Energy Economy, a US business assocation that promotes clean energy. Courtesy Advanced Energy Perspectives. … [Read more...]
DNV GL sees solar power revolution, acquires Spanish solar monitoring company
DNV GL, one the world largest independent energy consultancies, has strengthened its position in the solar power sector with the acquisition of GreenPowerMonitor, a leading provider of solar monitoring, control and asset management systems. The CEO’s of DNV GL- Energy, Ditlev Engel, and GreenPowerMonitor, Juan Carlos ArĂ©valo, expect the solar market to triple and projects to become ever bigger, they tell Energy Post. With 150 solar experts, the … [Read more...]
Exclusive Francesco Venturini, CEO Enel Green Power: “Europe stuck in confused energy vision”
Europe is last in line for investment these days because it has no long-term energy strategy, says the head of Enel Green Power, Francesco Venturini, in an exclusive interview with Energy Post Weekly from which we bring you this extract (the full interview can be found here). Europe, Venturini says, is “stuck” in a “confused” energy vision “that’s 20 years old” and doesn’t know where it wants to get to. Enel Green Power, one of the largest green … [Read more...]
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