Energy companies can turn the threat of new rivals into an opportunity by taking charge of their own disruption, believes energy and IT entrepreneur Jean-Luc Dormoy. With a background in software, artificial intelligence and energy, Dormoy sets out a model for disruptive innovation inspired by the likes of Google and Uber in this exclusive interview with Energy Post. Dormoy: “IT is changing almost all industries. But IT on its own is not enough. … [Read more...]
What Volkswagen and the EU’s climate models have in common
The European Commission’s climate and energy modelling, based on intransparent models from the National Technical University of Athens, is based on ludicrous assumptions, writes Brook Riley of the Friends of the Earth Europe. The consequences for the climate are deadly: energy efficiency targets would be much higher if proper models were used. Riley calls for a reform of current practices. On Wednesday 21 October there will be a hearing at the … [Read more...]
From the horse’s mouth: The new oil world is radically different from the old one
We have entered a new oil world in which most of the old oil market truths can go overboard. This was the stark message given off by BP’s Chief Economist Spencer Dale in a speech he gave in London on 13 October. According to Dale, oil market realities have changed fundamentally: “We need a new set of principles reflecting the New Economics of Oil”. Karel Beckman discusses the profound implications following from Dale’s ground-breaking analysis. … [Read more...]
Failure of Energy Community Treaty: if EU can’t make its neighbours clean up, can it be climate leader?
The Ministerial Council of the Energy Community – a Treaty between the EU, the Western Balkans, Moldova and Ukraine – is expected to decide on far-reaching reforms this week. According to Dragana Mileusnic of Climate Action Network (CAN) Europe, the Energy Community Treaty has failed to bring progressive climate policies to Southeast Europe. Countries that have signed the Treaty have made practically no effort to live up to its obligations and … [Read more...]
New process to gasify sludge and slurry may turn farmers into energy producers
A substantial part of Europe’s sludge and slurry mountain can be converted into gas for electricity production, if a new invention from Finnish company Outotec turns out to be successful. Together with Stuttgart University the company has invented a new drying-and-gasification process that should make this kind of energy production affordable. According to Ludwig Hermann of Outotec, the process has an additional advantage in that it leaves a … [Read more...]
Euracoal attacks European Climate Foundation: “US super-rich are buying EU climate and energy policy”
Euracoal, the European Association for Coal and Lignite, has launched a full-frontal attack on the European Climate Foundation, one of the most influential climate NGO’s in Europe, accusing it of “twisting the truth” and undermining democracy with “money and power”. Energy Post editor Karel Beckman looks at Euracoal’s claims and concludes that they are unsubstantiated and even cynical. … [Read more...]
Are EU leaders about to shy away from effective climate and energy governance?
On 26 November the EU's Energy Ministers will decide on a new climate and energy governance mechanism. This will be crucial to delivering the outcomes that these leaders agreed on last year in climate and energy policy. However, the draft of the Energy Council’s Conclusions, already published on 30 September, is a cause for concern, writes Oliver Sartor of the Institute for Sustainable Development and International Relations (IDDRI). Sartor … [Read more...]
New European trend: renewables without borders
So far there has been very little cooperation between EU countries in stimulating renewable energy, although better coordination could save tens of billions of euros in support costs. Now that the EU has decided not to have national renewable energy targets for 2030, more and more organisations and countries are trying to develop regional approaches to support renewables projects. The Heinrich Böll Foundation, a think tank close to the German … [Read more...]
Renewables: does the IEA underestimate them?
In a new market report on renewable energy, the International Energy Agency (IEA) notes that renewables will represent “the largest single source of electricity growth over the next five years”, reaching a share of 26% of world power supply in 2020, compared to 22% in 2013. Yet critics say the IEA is still underestimating the speed at which renewables like solar and wind are likely to grow. Energy Post editor Karel Beckman tries to figure out … [Read more...]
RWE’s Head of Innovation Inken Braunschmidt: “We want to be the Uber for energy”
Big energy companies are looking to the sharing economy, digitisation, big data, and mega-cities to inspire future revenue streams. In this exclusive interview with Energy Post, Inken Braunschmidt, leader of RWE’s “Innovation Hub” talks about her unique role at the helm of a department that’s not a department. Her job? To think non-utility ideas. Braunschmidt:”We’re really going to the edge of what energy has meant for 100 years.” … [Read more...]
Disaffected members of UNECE Gas Centre launch new Global Gas Centre under wings of World Energy Council
The World Energy Council is launching a new Global Gas Centre in St. Petersburg on 6 October in collaboration with gas companies ENGIE, OMV and Swissgas. These companies have all recently left another gas organisation, the Gas Centre of the UNECE (United Nations Economic Commission for Europe), out of dissatisfaction. In St Petersburg, the Global Gas Centre wants to sign up new members, particularly Gazprom, the current Chair of the UNECE’s Gas … [Read more...]
“Vested interests frustrate spread of demand response in Europe, Germany most of all”
Vested interests are frustrating the spread of demand response solutions in several EU countries, most of all in Germany, says a senior expert from a leading demand response service provider. According to this expert, established utilities fear demand response solutions because they compete with their own power plants that have traditionally offered flexibility. However, utilities are also increasingly developing their own demand response skills, … [Read more...]
Canada could be clean energy superpower
The latest report from Clean Energy Canada, a project of the Centre for Dialogue at Simon Fraser University in Vancouver, British Columbia, shows that the Canadian clean energy sector employs more people than the oilsands sector and attracts more investment than agriculture. But its potential is even greater, writes Roy L. Hales of the Canadian website the EcoReport. … [Read more...]
Exit Ahead – Shell at the end of the Oil Superhighway
Shell’s departure from the Arctic is a very significant event in the global energy picture, writes Energy Post editor-in-chief Karel Beckman. It is another sign that the End of the Oil Age is in sight. … [Read more...]
China announces national emission trading scheme – experts react
China will launch a national emission trading scheme. In a joint US-China climate statement, issued as part of President Xi Jinping’s state visit to the United States, China said its new trading sytem will cover “key industry sectors such as iron and steel, power generation, chemicals, building materials, paper-making, and nonferrous metals”. On The Conversation, four experts react to this news. "How interesting that China the communist country … [Read more...]
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