The IEA is forecasting that renewables will cover only half the projected increase in global electricity demand in 2021 and 2022. Despite renewablesâ impressive growth, coal and gas will be needed to cover the rest. That means emissions will rise to record levels. That will be the reverse of the IEAâs (and many othersâ) âRoadmap to Net Zero by 2050â pathway, where three-quarters of global emissions reductions between 2020 and 2025 come from the … [Read more...]
Comparing four Carbon Removal scenarios (IPCC, IEA, McKinsey, NGFS) and policy implications
Most net-zero scenarios include carbon removal as a major component. Simon Göss at cr.hub reviews five major scenarios from the IPCC, IEA, ETC, McKinsey, and the Network for Greening the Financial System (NGFS). He starts by making the very important distinction between carbon capture and negative emissions: capturing carbon from, say, a gas plant does not deliver negative emissions, it just prevents new emissions. This article is about the … [Read more...]
UK: exposing the gap between ambitious climate laws and actual policies
Like many nations, the UK has big gaps between what is actually needed to reach net zero by 2050, what targets and ambitions have actually passed into law, and what policies are actually in place to comply with those laws. The UKâs climate watchdog, the Climate Change Committee (CCC), has issued two reports that measure the UKâs performance and makes recommendations, summarised here by Josh Gabbatiss at Carbon Brief. The first report focuses on … [Read more...]
New rules for EU green bonds to raise âŹ350bn/yr, but no decision on nuclear and gas
The EU needs âŹ350bn/year from private investors to fill the Green Dealâs funding gap. The rules for the new green bonds that companies can issue to raise money are supposed to set a âgold standardâ, ensure thereâs no greenwashing, and make Europe the best place to invest your money sustainably. Benjamin Wehrmann at CLEW summarises the new strategy that was presented on 6th July, and has gathered reactions. Particular attention is paid to … [Read more...]
End Fossil Fuel subsidies by shifting them to poorer households
In May, the environment ministers of the G7 agreed to end fossil fuel subsidies within this decade. Around $650 bn/year is spent worldwide on subsidising all energy sources, with the majority ($450bn) going to fossil fuels despite the climate crisis. But simply removing the subsidies has proven difficult. They keep energy costs low for consumers. Itâs why public protest resisted the change in Ecuador and France in 2019. And developing nations … [Read more...]
Residential energy use: âinterventionsâ that alter daily habits vs top-down regulations
Getting people to change their behaviour is part of the net-zero plan, with residential energy consumption at 20% of total energy demand. How big a part can it play, and how quickly? Traditional methods like economic incentives and providing consumers with raw consumption data donât always get the results expected. Here, Elisabetta Cornago at the IEA describes behavioural âinterventionsâ that alter daily habits, are cheaper than large-scale … [Read more...]
What if Carbon Capture fails? Modelling the consequences and solutions
Most policy scenarios being used by governments include carbon capture as a vital tool to reduce emissions. Though itâs far from proven at scale, models assume that between 2030 and 2050 carbon dioxide removal (CDR) will get its act together and deliver on its part in the net-zero puzzle. Assuming that will happen, burning fossil fuels can continue for longer. But Neil Grant and Ajay Gambhir at Imperial College London, writing for Carbon Brief, … [Read more...]
U.S. canât hit net-zero power target by 2035 without Advanced Nuclear
President Bidenâs target of net-zero power generation by 2035 will be extremely challenging, if not impossible, argues Charles Merlin writing for IFRI. He says the best chance of achieving it is through advanced nuclear reactors, though the 2030+ switch-on dates of the new technology still wonât guarantee meeting Bidenâs timescales. Why should the U.S. drive for advanced nuclear? Because of the known limitations of the other technologies. Wind … [Read more...]
Hydrogen: can gas, electricity and industrial majors agree on the next steps?
Hereâs our written summary of our panel debate held on 16th June âHydrogen: Designing the Net Zero Gas Systemâ. With representatives from BASF, SNAM and ELIA to cover consumption, gas and electricity, there were plenty of differences of opinion. For example, with no end in sight for demand for green electricity for the grid, is it efficient to use some of it for hydrogen? Will subsidies for hydrogen skew markets away from industrial … [Read more...]
Donât commit to Hydrogen pipelines yet? Trucks can do the same job more flexibly
Could trucks be a better way to transport (and even store) hydrogen than pipelines? Yes, says a research team led by the MIT Energy Initiative (MITEI), mainly because of the flexibility they offer particularly in the early stages of the hydrogen roll-out. Kathryn O'Neill at MIT explains the findings. A pipeline can take 10 years to build, during which time the locations where the supply and demand must be met are likely to have moved, given the … [Read more...]
Norway an EV role model? Their pathway is expensive and paid for with oil & gas exports
Norway is an EV leader thanks to a generous pot of tax incentives. Today, battery-electric cars make up more than half of all new car sales in Norway. Schalk Cloete takes a detailed look at what those incentives cost, and how many tonnes of CO2 they avoid. In short, Norway â a major oil and gas exporter - needs to sell over 100 barrels of oil (which emits 40 tonnes of CO2) to pay for the tax breaks it gives EVs to avoid one tonne of CO2. And … [Read more...]
How Clean Energy Standards have driven clean electrification in the U.S.
John Rogers at the Union of Concerned Scientists presents evidence from the U.S. of the effectiveness of using standards to drive clean electrification. In principle itâs simple: set a legal requirement for the percentage of clean electricity. How itâs done depends on the efforts of all the actors affected. 30 states are using different versions of Clean Energy Standards (CES) â the first began in 1983 and more than half of them began before 2004 … [Read more...]
Clean Hydrogen from water electrolysis: research into catalysts to meet global targets
The full potential of the new hydrogen economy will depend on producing enough clean hydrogen from water electrolysis which uses precious metals. But, as Glennda Chui at SLAC (Stanford University & DoE) explains, there arenât enough precious metals in the world to get to the scale we need. And their cost is so high the clean hydrogen they generate could never compete with hydrogen derived from fossil fuels. Over 95% of hydrogen produced today … [Read more...]
Fit for 55: Does squeeze on gas make coal exit harder? Event summary + video
On May 18, 2021, Energy Post hosted an expert panel with the European Commission, E3G, CERRE and PKEE (the Polish Electricity Association, who also sponsored the discussion). It looked at some of the key EU support mechanisms offered to countries/companies transitioning away from coal, including the EU ETS' Modernisation Fund, the Just Transition Fund  and also how State Aid Guidelines (EEAG) contribute. We asked Stefaan Vergote (Senior Advisor … [Read more...]
Does new German target mean Coal gone by 2029, Renewables 65% by 2030?
The stiffer emissions targets introduced this month to Germanyâs Climate Protection Law - CO2 emissions from the energy industry must fall to 108 Mt by 2030 instead of 175 â point to an even earlier coal phase-out date of 2029, with renewables generating 65% of electricity by 2030. The existing plan had meant coal must be gone by 2038. Michael ClauĂner, Carlos Perez-Linkenheil and Simon Göss at Energy Brainpool explain why, using their modelling … [Read more...]
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