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Energy Post

The best thinkers on energy

Hydrogen project pipelines need new ways of matchmaking investors and developers

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What is required to catalyse private investment in the new hydrogen economy? Isabelle Huber at the Center for Strategic and International Studies has looked at a European Investment Bank survey of hydrogen investors in the EU to find some answers. One obvious challenge is the cost of moving to hydrogen. An example of dealing with this is Germany’s H2Global mechanism which uses government funds to bridge the gap. But another major problem … [Read more...]

If Russia cuts off its gas supply can we achieve EU storage targets for winter?

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Calvin Triems at Energy Brainpool summarises their analysis of whether and how Europe can achieve its storage targets for 2022. There are four scenarios: “Base Case”; “[email protected]%” where there’s no change to Russia’s mid-June gas flow cut to 40%; “[email protected]% + No Freeport” where the unexpected fire in early June at the U.S. Freeport LNG terminal remains unresolved for months; “[email protected]% + No Freeport” where Russia cuts off supply … [Read more...]

Will price caps on Russian oil work? Three experts debate

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Whatever the G7 does, the objective is to cut revenues flowing into Russia, not oil flowing out. And whatever the sanctions, getting compliance from neutral and pro-Russian countries will need a strong positive incentive. Hence the idea of a price cap which would keep prices low. Here, three experts – Edward Fishman and Brian O’Toole at the Atlantic Council, and Mark Mozur at S&P Global Commodity Insights (with background by Atlantic … [Read more...]

Project Air: building a first-of-a-kind, large-scale sustainable methanol plant for the chemicals industry

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Project Air is creating a first-of-a-kind, large-scale sustainable methanol plant. It uses CCU for converting CO2, residue streams, green hydrogen and biomethane into methanol. It’s a collaboration between specialty chemicals innovator Perstorp (Sweden) and energy firms Fortum (Finland) and Uniper (Germany). Perstorp aims to be the first chemical producer to replace all fossil-based methanol for its European production facilities (200,000 tons … [Read more...]

Event summary: “45% RES by 2030: EU’s latest investment challenge to DSOs”

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Sara Stefanini provides a written summary of our panel discussion held on Thursday June 30th 2022. It’s a full summary of the 90 minute discussion (including audience questions), but it begins conveniently with a summary of the highlights. Investment in and the modernisation of the electricity distribution grid is one the biggest challenges the EU has to overcome in the next decade. It’s a €400bn investment challenge by 2050 says Eurelectric, an … [Read more...]

Imposing a $50/barrel tariff on Russian oil is the best sanction

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Is there a way to impose sanctions on Russia that cuts its revenues without causing fossil fuel prices to balloon? The current strategy has seen oil prices rise to $120/barrel by mid-June, so although volumes are down Russia has seen no reduction in revenues. In other words, it has not achieved its objective, says Edward Chow at the Center for Strategic and International Studies. Instead, he argues for imposing a big import tariff – like … [Read more...]

Implementing Poland’s national Recovery and Resilience Plan

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How should Poland implement its national Recovery and Resilience Plan (RRP)? Sonia Buchholtz at Forum Energii outlines some important answers. First, a deep analysis of the challenges and assessment of the solutions and reforms must start now. Buchholtz says though the directions set out in the RRP are correct, the details are out-of-date. Policy reforms and more ambitious targets are needed in all the main areas: energy efficiency and heating; … [Read more...]

If Russia cuts its gas supplies to Germany, what happens next?

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Replacing Russian pipeline gas to Europe in the short term is much more difficult than finding alternative sources for coal and oil. It’s why the EU hasn’t banned Russian gas. But what if Russia cuts off the supply? Benjamin Wehrmann at Clean Energy Wire looks at what the consequences and options are for Germany. Though Germany aims to wean itself off Russian supplies almost entirely by 2024, a sudden cut would have serious consequences. Storage … [Read more...]

Russia-Ukraine: modelling the consequences for the European electricity market to 2050

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Alex Schmitt, Christoph Kellermann, Calvin Triems and Huangluolun Zhou at Energy Brainpool have used their modelling tools to update their predictions of how the European electricity market will develop over the next 30 years, given a target of 99% emission-free generation in 2050. Projections are made on generation (mix and volumes) and price. The big change from their last predictions is the Russia-Ukraine war and Europe’s determination to ramp … [Read more...]

Event Summary: “CHINA: Carbon Neutral by 2060 – Innovation”

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Here are the highlights of our 2-day 4-session workshop “CHINA: Carbon Neutral by 2060 - Innovation”, compiled by Sara Stefanini. It’s a quick and efficient way for readers to see the main points made by our expert panellists. Held at the end of May, it was the fourth of our EU-China workshops since the first was held in November 2020, produced for the EU China Energy Cooperation Platform (ECECP). As always, leading speakers from the EU, major … [Read more...]

EU Heat Pumps: warnings against “one size fits all” policies

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The EU is aiming for the installation of 50 million heat pumps by 2030, equating to annual growth of 16%, reaching one third of the total 150 million boiler installations in the bloc. Helen Farrell reviews these ambitious targets and the policies that are driving them, and turns to a report by RAP to identify the weaknesses in the plan and how it can be improved. The main danger is a ‘one size fits all’ approach. Different countries have … [Read more...]

Record Renewables additions for 2021 and 2022 despite supply bottlenecks prove Solar & Wind’s resilience

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Despite – or perhaps because of – global market and political turmoil, renewable power is set to break another record in 2022. That’s after 2021 also saw record new capacity from solar, wind and other renewables worldwide. It’s mainly driven by solar PV in China and Europe as governments around the world take advantage of renewables’ energy security and climate benefits, according to the IEA’s latest Renewable Energy Market Update. 295GW of new … [Read more...]

China’s impressive growth in Renewables and Transmission now needs Market innovation

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***REGISTER NOW for CHINA: Carbon Neutral by 2060 - INNOVATION*** - China has the world’s largest power plant fleet for both coal and renewables. Together they make up most of the total power capacity of over 2,200 GW... STOP PRESS: China's Transition is the biggest single opportunity for managing climate change and also for those businesses who are ready with the innovations that will ensure the best possible outomes in an incredibly … [Read more...]

Seven ways for the U.S. and Europe to enhance energy security and advance climate goals

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Ending reliance on Russian fossil exports will need the U.S. and Europe to work together, explain Joseph Majkut, Nikos Tsafos and Ben Cahill at the Center for Strategic and International Studies. The U.S. is the world’s largest oil and gas producer and is able to increase output. At the same time, it must meet global emissions targets. The way to do it is to increase fossil exports temporarily whilst improving its carbon reduction measures (e.g. … [Read more...]

Piloting peer-to-peer electricity markets in China and the EU

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Peer-to-peer (P2P) electricity trading is being promoted, to varying degrees, in both the EU and China. It allows individual citizens and businesses to produce and trade their own solar power (local, rooftop), while enabling the close-to-real-time balancing of supply and demand to maintain system stability. Helena Uhde at the ECECP gives an insight into the current status, implementation, regulations and policies in both regions. She cites two … [Read more...]