What effect will changing trends in regional wind speeds have on the future of wind energy? Very large, considering that a small change in wind speed has a big effect on the power output of a turbine (it’s related to the cube of the wind speed). Hannah Bloomfield at the University of Bristol first looks at the “wind drought” experienced in Europe this year which saw SSE in the UK report a 32% drop in power from its renewable assets. Meanwhile, … [Read more...]
Fulfilling the Global Methane Pledge: “polluter pays”, more electrification, less gas
At COP26 the U.S. and the EU led a global pledge to slash methane emission by 30% by 2030. Methane makes up at least one-quarter of all greenhouse gases, and is more than 80 times more damaging than CO2 over a 20-year period. Success in cutting these emissions would be a major step towards meeting our 1.5°C goals. But far from declining, 2020 saw methane emissions grow at the fastest rate in 40 years. The increased use of natural gas (mostly made … [Read more...]
Renewed interest in Carbon Capture strategies for net-zero: targets, obstacles, costs, priorities
Martina Lyons at IRENA picks out the highlights of their new report “Reaching Zero with Renewables: Capturing Carbon”. Carbon capture is going to be expensive, so should be focussed on hard-to-abate industrial sectors, as well as bioenergy plants. Lyons breaks down the target carbon capture volumes, costs and the investments required, as well as looking at the consequences of different strategies and carbon prices. Scaling up this technology, … [Read more...]
Behaviour Change: strategies and case studies for reaching net-zero by 2050
Technological solutions on their own are unlikely to deliver emissions reductions at the speed and scale required to reach net zero by 2050. Daniel Crow, Insa Handschuch, Gabriel Saive and Leonie Staas at the IEA look at a suite of policy-driven citizen “behaviour changes” that should be used to bridge the gap. The impact will be greatest in advanced economies where energy intensity is highest. Meanwhile, in emerging economies the good habits put … [Read more...]
Concern over auto job losses as Europe transitions to EVs
The state premier of Lower Saxony, home of Volkswagen, says he would not tolerate a large-scale reduction in staff at Germany’s largest carmaker. There is talk of axing 30,000 VW jobs nationwide, though messages have been mixed. Benjamin Wehrmann and Sören Amelang at Clean Energy Wire look at the latest news, then summarise the implications of the EV transition for the auto industry across Europe. Highlights include the observation that a Tesla … [Read more...]
Clean transport in Europe: key trends to watch out for
T&E’s quarterly trends series gives a snapshot of the key developments that will define the future of clean transport in Europe. And what Europe does – given it wants to lead this field – should influence what happens worldwide. T&E’s Thomas Earl brings attention to four issues. First, proven progress in this major sector makes it a contender for a significant role in Europe’s new industrial strategy. It ranges from battery and … [Read more...]
Don’t let high gas prices stop the EU ETS from doing its real job
The EU ETS carbon price reached a high of over €60 per tonne in September. Some are arguing that its role in the current gas price crisis is a reason why it should be reined in. But Milan Elkerbout at CEPS Policy Insights explains that the EUA (European Union Allowance) has multiple purposes. It is an incentive to invest in low-carbon solutions such as renewables, efficiencies and new methods. The sooner we pass the cost hurdle of integrating … [Read more...]
Gas crunch: market and policy causes, and lessons learned
Andrei Belyi at the University of Eastern Finland says there are three main causes behind the huge rise in European gas prices. Everyone already understands that the reversal of the previous gas glut that gave us such low prices has been caused by a decline in European gas production, LNG imports and Russian gas deliveries. Added to that is the utilities’ reliance on spot contracts rather than termed contracts – great when prices were low – that … [Read more...]
Appliances and Equipment Efficiency Standards: energy savings rival total Wind & Solar generation
Don’t underestimate the effect of Energy Efficiency Standards and Labelling (EES&L) programmes for appliances and equipment, says the IEA. In other words, the gradual tightening of efficiency rules for things like refrigerators, ACs, TVs, washing machines, cookers, vending machines and other electronics. In the nine countries and regions measured (including the U.S., the EU and China), EES&L programmes reduced electricity consumption by … [Read more...]
Green Finance standards: the EU Taxonomy and China’s “Catalogue”
The EU Taxonomy was published in June 2020. It is the first official document to define and classify what is a truly sustainable economic activity in Europe. Six months later China’s regulators published their own version, a new edition of the China Green Bond Endorsed Project Catalogue (the Catalogue). Both documents will act as important standards for green finance institutions and investors in Europe and China. They are intended to improve … [Read more...]
How to share the cost of an EU-wide Hydrogen network
The EU’s ambition is to make green hydrogen available throughout the region, and ramp up the transportation infrastructure as fast as possible to deliver it at a competitive price. But there are big disagreements between stakeholders over how and who should pay, explains Walter Boltz. The simplest solutions like focussing on hydrogen clusters will only deliver it to nearby customers. If only the customers pay it will make the hydrogen very … [Read more...]
Renewable Hydrogen: what policy instruments are needed to reach the new targets?
A comprehensive mix of policy instruments is needed to ensure that the EU meets its ambitious hydrogen targets. What should they look like? Pia Kerres, Matthias Schimmel and Corinna Klessmann at Guidehouse quote their study, done in collaboration with Agora Energiewende, for the answers. Industry and long-haul transport should be the main customers for hydrogen. The big challenge is to cut the cost of hydrogen production; it’s too expensive and … [Read more...]
CBAM needs universal adoption of methods for measuring carbon intensity
Europe needs to account for the emissions of imported goods. That cannot happen without the international agreement on standards and certification systems for the carbon intensity of all steps in the value chain for all relevant products. Dolf Gielen and Francisco Boshell at IRENA and Massamba Thioye at the UNFCCC explain that several such systems exist around the world, but they need to be harmonised and widely adopted to truly reflect what is … [Read more...]
EU “Fit for 55”: how it impacts the EU ETS to accelerate emissions reductions
Christoph Kellermann, Lun Zhou and Simon Göss at Energy Brainpool explain how the EU’s new “Fit for 55” proposals, released in July, will impact the EU Emissions Trading Scheme (EU ETS), hailed as one of the most effective ways of reducing emissions. The authors cover the changes to the existing ETS, the planned new ETS for road transport and buildings, the controversial Carbon Border Adjustment Mechanism (CBAM), and the new CO2 standards for … [Read more...]
Central and Eastern Europe’s buildings renovation plans fall far short of 55% emissions cuts
There are big decarbonisation gains to be had in a renovation wave in Central and Eastern Europe (CEE) precisely because their building stock is very energy-inefficient, explains Christophe Jost at CEE Bankwatch. But Bankwatch's report on eight national plans - Bulgaria, Czechia, Estonia, Hungary, Latvia, Poland, Romania and Slovakia – reveals weaknesses in scale, funding, strategy and policy. Many are planning to comply with only the former 40% … [Read more...]
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