The national renewable support schemes in the EU are on the verge of a major overhaul. National governments will soon not be allowed anymore to limit renewables subsidies to domestic producers: they will have to treat all EU-based producers alike. This at any rate is the very likely outcome of a court case now before the EU Court of Justice, says Peter Niermeijer, Secretary-General of RECS International, an organisation that promotes pan-European … [Read more...]
EU’s global cleantech leadership at risk
The EU still leads the world in clean energy technologies, but for how long? In 2012, 70% of new wind power capacity and 40% of new photovoltaic panels were installed outside Europe. Brussels has shied away from new national renewables targets in its 2030 climate and energy proposals. It is preparing fresh rules on state aid that will disadvantage less mature technologies such as offshore wind and solar PV. And the EU internal energy market … [Read more...]
Climate policy bumps into competitiveness in Europe
Behind the heated debate in Brussels about climate and renewable energy targets, what is really happening is that concern over high energy prices has taken precedence over climate concerns in Europe. Competitiveness has caught up with climate policy. Indeed, the two issues have become so intertwined that when the European Commission will present its new climate and energy policy on 22 January, it will at the same time launch a new industrial … [Read more...]
Dear Connie, dear GĂĽnther
Germany, the UK, France and Italy have sent letters to Connie Hedegaard, Climate Commissioner and GĂĽnther Oettinger, Energy Commissioner on 6 January urging the European Commission to adopt a 40% greenhouse gas emission reduction target for 2030. The European Commission will unveil a climate and energy package on 22 January in which it will announce new targets for 2030 to extend the currently existing 20-20-20 targets for 2020. These targets … [Read more...]
Interview EU Climate Chief Connie Hedegaard: “Climate policy cannot be based on emission reduction alone”
The European Union should adopt EU-wide targets for renewable energy and energy efficiency for 2030, says Climate Commissioner Connie Hedegaard in an interview with Energy Post. She rejects pleas from the energy sector to base EU climate policy solely on CO2 emission reduction targets. She does note, however, that there has been a tendency to “overcompensate” renewable energy, i.e. too generous subsidies. “It was never the plan to subsidise … [Read more...]
“Integrated EU market + ETS = best way to decarbonisation”
The European Climate Foundation (ECF) has released a new report, From Roadmaps to Reality, which shows how the current EU energy framework can be improved to drive the decarbonisation of the power sector in Europe. From Roadmaps To Reality, the latest report in the ECF’s “Roadmap 2050” series, finds that a fully integrated Internal Energy Market in combination with a functioning Emissions Trading System is the most cost-effective and … [Read more...]
Interview with Johannes Teyssen, CEO of Eon: “Renewables can become biggest without subsidies”
Dr Johannes Teyssen, CEO of Eon and President of Eurelectric, doesn’t beat about the bush: in an exclusive interview with Energy Post, he says that Europe needs a single climate target for 2030 of “between 40% and 50%” emission reduction. At the same time all energy subsidies and “green levies” should go. Renewables “have all the chance in the world to take the biggest chunk of the market” even without subsidies. The European Commission should … [Read more...]
Shanghai and Beijing launch carbon markets
This week, both Beijing, China’s national capital, and Shanghai its leading financial city, launched pilot emissions trading systems. These pilots will run for two years, until the end of 2015. They join the city of Shenzhen, on the Hong Kong border, which launched a pilot carbon market in June this year. Guangdong, Hubei, Tianjin and Chongqing are also planning to launch pilot emissions trading systems in the near future. In a press release … [Read more...]
The UK energy confusion: good policies, shame about the politics
To outside observers, UK energy policy must seem to be hopelessly confused and the energy sector in a mess. Actually, the problem is not so much the policies, writes Stephen Tindale, associate fellow at the Centre for European Reform. They make a lot of sense and may lead the country to a secure and low-carbon energy future. The problem is the politics – populist proposals create confusion and may undo the good work that is being done. Earlier … [Read more...]
Energy heavyweight Joan MacNaughton: “Adaptation is a cop-out”
Joan MacNaughton, President of the Energy Institute and a highly influential figure in the international energy policymaking world, calls on “the big CO2 emitters” in the world to take unilateral action to reduce CO2 emissions. Countries that refuse to get along, should be penalised through import duties or carbon taxes, suggests MacNaughton. The current talk about “adaptation” to climate change, says MacNaughton, is a “cop-out”. Energy Post … [Read more...]
Global electricity producers: credible carbon pricing essential
Electricity utilities see having a credible price level for CO2 and long-term, predictable policies as the crucial factors for driving change in their fuel and technology mix, according to the latest insights from the Global Electricity Initiative (GEI), presented today. Despite important efforts to increase investments in renewables, the GEI utilities expect fossil fuels to continue to be the basis of generation capacity from 2015 to 2035. … [Read more...]
Exclusive interview IEA-Director Maria van der Hoeven: “We cannot rule out new revolutions”
In its new World Energy Outlook (WEO), the IEA is cautious about the prospects of unconventional oil and gas outside the US. As regards shale gas, it notes that “uncertainty remains over the quality, the costs and public acceptance.” Yet in an interview with Energy Post, IEA Executive Director Maria van der Hoeven notes that “the gas is there. All geologists are agreed on that.” Moreover, “there may be other surprises in store, for example with … [Read more...]
Why a carbon tax is a bad idea
With the EU Emission Trading Scheme (ETS) struggling and “carbon credit frauds” in the news, many analysts argue we should get rid of carbon trading and opt for carbon taxes instead. But according to Alex Trembath and Matthew Step, carbon taxes will do nothing to cut emissions because they don’t lead to innovation. “Steve Jobs didn’t develop the PC because the price of typewriters went up.” … [Read more...]
A future for CCS? Set emission performance standards
Carbon capture and storage (CCS) has come to a dead end in Europe. Although the EU is carrying out a consultation to revive the CCS programme, it is already evident that the EU Emission Trading Scheme is too uncertain to provide a clear business case for CCS. If it wants to revive CCS, the EU should follow the US example and implement emission performance standards for power plants, argues energy consultant Vincent Swinkels. Photo: … [Read more...]
Europe is not alone on climate
Cynics claim that the EU has failed in its attempt to achieve a worldwide climate policy and is only hurting its own economy by insisting on highly ambitious CO2 emission reduction targets. But this is a far too simplistic view of how the world works, argues Liz Gallagher of E3G. According to Gallagher, Europe has achieved much more than most observers realise. Countries across the world are increasingly modelling their policies on the EU … [Read more...]