### REGISTER NOW ### for our vitally important 2-panel event âThe Energy Crisis and Russian Aggression Against Ukraine - Key Challenges for the Central European Energy Sectorâ, on Thursday December 8, 13:00 â 17:00 CET (Address: Rue Belliard 40, 1040 Brussels). High-profile confirmed speakers include Kadri Simson, European Commissioner for Energy, EC; Leszek JesieĆ, Chairman of the Board, CEEP; Jerzy Buzek, MEP and former president of the … [Read more...]
European green steel makers are securing funding â and big customers – for production plants
European steel makers are leading the way in building the first green steel production plants. The big step forward is the securing of finance from a range of private and public banks and credit guarantors, says Soroush Basirat at IEEFA. Swedish start-up H2 Green Steel and industry leaders Thyssenkrupp and Salzgitter are now set to spend billions, while pre-sales to and commitments from BMW, Miele, Mercedes and Ford are helping to create the … [Read more...]
How governments are defusing political opposition to the energy transition
Whatâs holding up the energy transition? Not the hardware, says the energy sector: proven clean energy solutions abound and any bottlenecks are continually being addressed by innovation. Not the money, says the finance sector: there is more than enough investment queueing up for realistic returns. Itâs the politics: the voters and the businesses that rationally oppose what could cost them too much. So the main obstacle is the ability of … [Read more...]
EU electricity market reform: completing, not dismantling, the integration is the answer
Leonardo Meeus at the Florence School of Regulation explains why electricity market reform in the EU must be about completing the process of integration, not unwinding it. He breaks down his argument into five categories â Electricity Markets, Contracts for Difference (CfD) and Power Purchase Agreements (PPA), Capacity Remuneration Mechanisms (CRM), Energy Communities, and Demand-side Flexibility â and with each he defines their purpose, looks at … [Read more...]
What is the potential for offshore wind in the Baltic Sea?
What is the potential for offshore wind in the Baltic Sea? Simon Göss summarises the panel discussion that brought together Marcin Nowacki (President of the European Enterprise Alliance), Dariusz LociĆski (President of the Management Board, PGE Baltica), Pierre Tardieu (Chief Policy Officer at Wind Europe), Ricardo Williams (Policy Officer for Infrastructure and Regional Cooperation at DG ENER, EC) and Pernille Weiss (MEP and ITRE committee … [Read more...]
Corporate greenwashing: will court cases and new rules close the gap between promises and reality?
Activists are taking firms to court over deceiving consumers with questionable climate pledges. Isabel Sutton at Clean Energy Wire summarises the issues. Greenwashing, and therefore misdirecting consumer behaviour, is clearly a barrier to achieving climate goals. The latest IPCC report says consumer behaviour and changes to our lifestyles can result in a 40%â70% reduction in greenhouse gas emissions by 2050. But unregulated advertising can say … [Read more...]
How European nations are using tax to promote zero-emissions cars
Taxation is an effective way to steer people towards zero-emission cars. But there is wide variation between European countries in how this is done, and therefore the results. Griffin Carpenter at Transport & Environment (T&E) summarises their report âThe good tax guide: A comparison of car taxation in Europeâ that covers seven forms of car taxation across 31 European countries in detail. The ultimate goal should be to create a clear … [Read more...]
European gas prices have fallen sharply since August. What happens next?
Prices on the European gas market have fallen sharply since August 2022 and Europeâs gas storage facilities are almost full. Thatâs good news, but the problems arenât over. Simon Göss at cr.hub, writing for Energy Brainpool, explains why by looking at the data. He runs through the main factors driving the changes, primarily strong LNG imports, Norwayâs increased production, mild weather, and lower gas consumption (particularly in industry). … [Read more...]
Investing in Hydrogen: is there a âfirst mover advantageâ?
Is there a âfirst mover advantageâ â or not - for an investor in the new hydrogen economy? Michiel Korthals Altes offers a series of âtestsâ of investment decisions based on the following criteria: economics, climate efficiency, system optimum, price stability, regulation, technology, now and in the future. He concludes that until the sector reaches maturity, conversion inefficiencies make the production of hydrogen a poor choice for most … [Read more...]
EC Consultation: ESG ratings need regulation to fix inconsistencies and bias
There are multiple problems with ESG ratings and thatâs why they need to be properly regulated, says Hazel James Ilango at IEEFA. Different ratings agencies have different methodologies that are difficult to compare. They can lack transparency and be biased due to industry, geographical location or company size. As for a companyâs impact on the planet and society, it can be overrated or underrated due to the aggregation of Environmental, Social … [Read more...]
Ukraineâs post-war reconstruction must prioritise Renewables, for energy security and European integration
With Russia using energy as a weapon of war, Ukraine must prioritise domestic renewable generation to help ensure its future energy security, explain Joseph Majkut and Allegra Dawes at the Center for Strategic and International Studies. Ukraineâs reconstruction, which will cost hundreds of billions, must therefore include it in its strategy. Done right, it will also enable greater market integration with the European Union. Ukraineâs energy … [Read more...]
Global Wind Speeds: are they falling due to climate change?
Last year, Europe experienced a âwind droughtâ, with wind speeds falling 15% in many regions, sometimes more. Deeper research shows speeds dropped gradually between 1978 and 2010, though rose again in the last decade. Itâs difficult for the science to create a clear picture and predict long term trends. But the IPCC forecasts slowing winds for the coming decades, saying average annual wind speeds could drop by up to 10% by 2100. Jim Robbins at … [Read more...]
Hydrogen imports: strict rules can deliver a win-win for Europe and developing nations
### Todayâs article flags up a fascinating panel discussion on the book âTouching Hydrogen Futureâ, as part of the European Hydrogen Week taking place from 24-28 October 2022. This webinar, on Oct 28 at 10:00 CEST, will be blue-sky thinking about the future of the hydrogen economy. Global in scope, it will dive into how a hydrogen-powered future might look in the Netherlands, Greece, Ukraine and Morocco. REGISTER HERE ### The EU is moving … [Read more...]
Event Summary: âCHINA: Carbon Neutral by 2060 â The Future of Gasâ
Here are the written highlights of our 2-day 4-session workshop âCHINA: Carbon Neutral by 2060 â The Future of Gasâ, compiled by Helena Uhde at ECECP. Here you can quickly see the main points made by our expert panellists. Global events have made gas the hottest of issues, and the implications for both Europe and China are strongly reflected in all the sessions. The four session topics were Security of Supply, CCUS for the Gas Sector, Competitive … [Read more...]
Industrial Policy: Chinaâs always had it, the U.S. has rediscovered it, the EU now needs it too
Chinaâs performance â both in and outside the energy sector â has always been driven by wide-reaching industrial policy. In the last few decades it has consistently delivered results. Meanwhile, the U.S. has kept shifting up the gears of its pro-U.S. interventionist industrial policy since Donald Trump: though socially right wing, he was a protectionist president whose ambition was to boost domestic industries. Today, president Bidenâs âInflation … [Read more...]
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