Sam Butler-Sloss and Kingsmill Bond at RMI present a succinct summary of why the energy transition matters, how the 2020s is the era of maximum disruption, and how by 2030 the transitionâs endgame will be apparent (though far from complete). Four key technologies are already entering the exponential growth stage: solar, wind, EVs and heat pumps. As early as 2030 their cheapness will flush away the fossil equivalents in succeeding decades, say the … [Read more...]
How can Europe stop U.S. and China dominance of cars and batteries without being protectionist?
European and Chinese car and battery makers are making plans to set up plants in the U.S. to take advantage of their big new âmade in the USAâ subsidies. They can then ship their vehicles to Europe to sell into its very large and generously subsidised company car market. This puts electric vehicle production in Europe at a serious disadvantage. As William Todts at T&E explains, the EU must respond, instead of effectively assisting the U.S. … [Read more...]
Europe: preventing a âcarbon wallâ between the West and the ten Central and Eastern EU nations
Diana-Paula Gherasim at the IFRI Centre for Energy & Climate summarises her 36-page data-rich report on the progress and challenges for the ten Central and Eastern EU (CEECs) countries in decarbonisation. The Russian invasion of Ukraine has focussed all minds on energy security and the best solutions: less fossils, efficiency gains and clean energy made in the EU. Gherasim says that vitally important progress is being made in avoiding a … [Read more...]
CO2 emissions from Land Use: country-level data for turning âemittersâ into âsinksâ
Until carbon capture technologies take off (if at all!), the worldâs CO2 removals depend entirely on nature. Clemens Schwingshackl, Wolfgang Obermeier and Julia Pongratz at Ludwig Maximilian University of Munich, writing for Carbon Brief, review the latest data on âcarbon fluxesâ which measure whether the land is a net âsourceâ of carbon or a âsink.â Flux measurements are categorised: deforestation, forestation, wood-harvest emissions, removals … [Read more...]
Record clean-power growth in 2023: is Coal and Gas decline now structurally embedded?
Last year, wind and solar reached a record 12% of global electricity generation, according to think tank Emberâs latest global electricity review. The overall share of all forms of low-carbon electricity rose to almost 40% of total generation. Josh Gabbatiss at Carbon Brief goes through the Ember review which heralds this as the moment fossils began their permanent decline. Ember calls it âstructuralâ and âenduringâ because previous declines only … [Read more...]
Renewables âcost of capitalâ in Europe lower than oil, gas, coal. What the U.S. and China can learn
The ultimate price of anything is highly dependent on the cost of capital needed to put it in place. That cost reflects the risks financial markets perceive. And policy certainty reduces risk. Gireesh Shrimali, Christian Wilson and Xiaoyan Zhou at Oxford University, writing for WEF, summarise their global study which shows the cost of capital for different energy technologies, and therefore which ones will trend upwards and dominate. They cover … [Read more...]
IEAâs global âCO2 Emissions in 2022â report: by sector, fuel, region, heating +more
The IEA has published âCO2 Emissions in 2022â, giving estimates of CO2 emissions from all energy sources and industrial processes globally. Emissions from energy combustion increased by 423 Mt, while emissions from industrial processes decreased by 102 Mt. Emissions from various sources (sector, fuel, region, heating, etc.) are broken down, with reasons for why the change happened. The report is part of the IEAâs first global stocktake of the … [Read more...]
IEAâs new CCUS projects database: a tool for driving much needed progress
The IEA has made available for the first time its CCUS projects database. The number of countries with plans to develop CCUS now stands at 45, with seven more countries - in central and southern Europe, the Middle East, and Southeast Asia â joining the list in 2022. The database covers CO2 capture, transport, storage, and utilisation projects worldwide commissioned since the 1970s, and have an announced capacity of more than 100,000âŻtonnes/year … [Read more...]
Galway and Sofia lead in climate adaptation plans for European cities: new online tool to help others follow
A new study assesses the most recent adaptation plans of 167 European cities. Six âprinciplesâ - evidence of impacts and risks; adaptation goals; adaptation measures; implementation; monitoring and evaluation; societal participation in plan creation â are used to quantify performance. The authors â Diana Reckien, University of Twente; Attila BuzĂĄsi, Budapest University of Technology and Economics; Marta Olazabal, Basque Centre for Climate Change; … [Read more...]
âGreen Deal Industrial Planâ explainer: 40%+ of the top low-carbon technologies must be made in the EU by 2030
The ECâs new series of proposed targets and reforms, contained in its Green Deal Industrial Plan, aim to ensure that at least 40% of the EUâs low-carbon technologies will be made within its borders by 2030. The eight âstrategic net-zero technologiesâ are: Solar (power and thermal); Onshore and offshore wind; Batteries and energy storage; Heat pumps and geothermal; Electrolysers and fuel cells; Sustainable biogas/biomethane; CCS; Grid … [Read more...]
Silicon Valley Bank failed. Donât blame the Climate Tech it backed
Silicon Valley Bank in the U.S. was a favourite for climate tech start-ups. So its recent collapse inevitably raised questions over whether those start-ups and by extension the whole climate innovation ecosystem was much more fragile than previously thought. Rushad Nanavatty, Colm Quinn and Amy Yanow Fairbanks at RMI explain why thatâs not the case. Instead, it was an old-fashioned bank run caused by poor risk management, weakened regulation of … [Read more...]
Hydrogenâs innovation pipeline: signals strong ahead of World Hydrogen Summit in Rotterdam, May 9-11, 2023
The IEA and the European Patents Office have, for the first time, reported on patents filed worldwide to get a measure of the innovations weâre seeing in the hydrogen sector, summarised here by Ian Shine. Overall, Europe and Japan are leading. Although the U.S. is a close third, with 20% of the total, their filings have declined compared to the previous decade. The fastest growth is in China (15.2%) and South Korea (12.2%). There has been a … [Read more...]
Buildings âEnergy Performance Certificatesâ: piloting new tools to ramp up renovations
In Europe, any building put up for sale or rent must have an Energy Performance Certificate (EPC). But as climate ambitions rise, so too must the those of the EPC. That's the purpose of the TIMEPAC consortium, funded by the EUâs Horizon programme, is working to extend its effectiveness and range of tools, explains Patricia Contreras Tejada writing for the European Science Communication Institute (ESCI). She quotes experts who point out that a low … [Read more...]
Will Europe now commit to long term imports of large quantities of LNG?
The EU and European nations need a more secure LNG supply strategy than just buying on the spot market where there is little control of prices and quantities. With Russian gas off the agenda for the foreseeable future, itâs LNG thatâs filled the gap. But spot prices have been extremely high, and may return to the same heights. And though Chinaâs Covid-caused drop in LNG consumption helped enable Europe to buy enough for now, that wonât be the … [Read more...]
The U.S. needs a plan to transfer electricity long distance between regions, like Europe and China
In the U.S. several hundred thousand miles of power lines connect thousands of electric generators. But whereas Europe and China, at a similar scale, have continental-scale grid development plans, the U.S. does not. Its grid is highly fragmented and consists of not one, but three separate power grids that are almost completely isolated from one another. It has twelve different transmission planning regions that must coordinate much better to cope … [Read more...]
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