The release of the World Energy Outlook (WEO) 2018 marks another missed opportunity for the International Energy Agency (IEA) to provide a roadmap to Paris, writes Greg Muttitt of NGO Oil Change International. According to Muttitt, even the WEO’s “sustainable development scenario” falls well short of the Paris goals. Policymakers and investors cannot rely on the WEO to guide their decisions in energy. … [Read more...]
Khashoggi and Skripal: wake-up calls for European energy policy
The apparent brutal murder of Jamal Khashoggi in Turkey by the Saudi Arabian regime and the equally brazen attempted murder of Sergei Skripal in England should serve as wake-up calls for European energy policymakers, writes Karel Beckman, editor-in-chief of Energy Post. These misdeeds demonstrate the aggressive nature of the Saudi and Russia regimes and underline the necessity for Europe to reduce its reliance on oil and gas much more rapidly … [Read more...]
Gas revolution? Prospects for increasing gas production in Ukraine
Ukraine wants to be self-sufficient in gas by 2020, which means increasing production by 35%. A plan is in place, reforms have been made, investments have increased and an international auction for 50 mining concessions is scheduled for 2019. But, says Wojciech Konończuk of the Centre for Eastern Studies (OSW), the country will only be able to fully exploit its large gas reserves if there are more reforms, corruption is reduced and foreign money … [Read more...]
China’s Belt and Road as a conduit for clean power projects
China’s Belt and Road Initiative is arguably the biggest regional connectivity and cooperation programme in operation today. But with China being a major polluter, there are also concerns the Initiative could just be adding to global environmental stress. Not so, argue John A Mathews and Carol X Huang of Macquarie University, Sydney: it’s actually a magnet for renewable energy investments. Courtesy of The Asia-Pacific Journal. … [Read more...]
Nuclear activist Shellenberger learns to love the bomb
For decades, the nuclear energy industry denied any connection between nuclear power and nuclear weapons. In recent years, however, writes Jim Green, nuclear campaigner with Friends of the Earth Australia, the industry has turned around and started openly acknowledging that there is a connection, hoping that this will secure political support. Prominent nuclear activist Michael Shellenberger has even gone a step further, notes Green: he welcomes … [Read more...]
Why we need a blackout
The risk of a cyber-attack that will take down the power system is seriously underestimated, writes financial energy specialist Gerard Reid. To prevent future disaster, we need to build a completely new power system. Reliability is not anymore about the “average minutes of downtime per year”. Courtesy Energy and Carbon blog. … [Read more...]
How attractive are renewables for oil companies?
At the recent ONS (Offshore Northern Seas) conference in Stavanger, the largest annual gathering of the oil and gas industry in Europe, debate on the energy transition took centre stage. Some major oil companies are expanding into renewables, but there was a lot of skepticism among the attendants about this strategy, writes independent energy analyst Jilles van den Beukel, who attended the event. He also noted that in project financing there is a … [Read more...]
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