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European gas prices have fallen sharply since August. What happens next?

November 10, 2022 by Simon Göss

Prices on the European gas market have fallen sharply since August 2022 and Europe’s gas storage facilities are almost full. That’s good news, but the problems aren’t 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, Norway’s increased production, mild weather, and lower gas consumption (particularly in industry). … [Read more...]

Filed Under: Energy, Oil, Gas & Coal Tagged With: consumption, demand, EU, Europe, gas, Germany, imports, industry, LNG, Norway, prices, storage, weather, winter

Energy Security: what if the UK government had not “cut the green crap” from 2013

October 24, 2022 by Simon Evans

The UK provides an example of a government that cut back its green ambitions only to see its energy security suffer. In 2013, then-prime minister David Cameron told his ministers to “cut the green crap”. That led successive governments to downgrade home energy efficiency, requirements for new homes to be “zero carbon”, end subsidies for onshore wind and solar, and effectively ban onshore wind in England. What if the UK had stayed on its … [Read more...]

Filed Under: Energy, Policies Tagged With: buildings, Cameron, Conservatives, efficiency, electricity, gas, imports, insulation, onshore, Russia, solar, subsidies, UK, wind

Hydrogen imports: strict rules can deliver a win-win for Europe and developing nations

October 13, 2022 by Ines Bouacida

### Today’s article flags up a fascinating panel discussion on the book “Touching Hydrogen Future”, 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...]

Filed Under: Energy, Hydrogen Tagged With: Algeria, emissions, EU, geopolitics, green, hydrogen, imports, industry, Libya, Morocco, pipelines, regulations, REPowerEU, transport, Tunisia

EU Solar has avoided 20bcm of gas imports and saved €29bn

September 26, 2022 by PaweƂ CzyĆŒak

Solar generation in the EU has avoided the import of 20bcm of gas that would have cost €29bn, explains PaweƂ CzyĆŒak at Ember, writing for Carbon Brief. The new solar power added since 2021 alone avoided €6bn of gas imports. Record EU solar generation increased by 28% in the summer of 2022, compared with the same period a year earlier. And it’s growing very quickly, with a consistent 15% year-on-year increases in installed solar capacity – from … [Read more...]

Filed Under: Energy, Renewables Tagged With: costs, EU, gas, Germany, imports, Netherlands, Poland, renewables, solar, spain, Ukraine

Fossil fuel producers can decarbonise by exporting Electricity, Hydrogen, and Steel

September 15, 2022 by Schalk Cloete

The compelling reason why fossil fuel producers will be needed even beyond 2050 is that they currently provide over 80% of global energy, and 90% of the world’s population still needs the wealth creation that energy delivers, says Schalk Cloete. Given that, he summarises his co-authored paper that takes a close look at how a fossil exporter, Norway, can trade with an importer, Germany, while decarbonising. The modelling focusses on electricity … [Read more...]

Filed Under: Energy, Oil, Gas & Coal Tagged With: CCS, decarbonisation, electricity, exports, gas, Germany, hydrogen, imports, industry, Norway, pipelines, steel, Transmission

As spot market electricity prices break all records, what is the prediction for winter?

September 13, 2022 by Simon Göss

Spot market prices for electricity have been breaking all records, as European leaders and their ministers intensify their discussions on how to deal with the crisis. Simon Göss at cr.hub, writing for Energy Brainpool, starts by explaining how the markets work, noting that price rises are indeed being driven by fossil prices and not CO2 certificates. Göss looks at how prices have climbed in Germany, France, the Baltics and Spain, and how the … [Read more...]

Filed Under: Energy, Oil, Gas & Coal, Policies Tagged With: baltics, coal, demand, electricity, EU, Europe, France, gas, Germany, imports, LNG, markets, Nuclear, prices, Russia, spain, Ukraine, winter

Don’t cap gas prices for consumers. It won’t reduce demand. Instead, subsidies must reward cuts in gas use

September 9, 2022 by Daniel Gros

European nations are considering capping the price of gas that consumers pay, a subsidy that governments will pay for, to ensure households don’t freeze this winter. Daniel Gros at CEPS warns that this strategy will remove the incentive for consumers to cut their gas use, keeping international market prices high. Instead, governments should incentivise a reduction in gas use. Gros has modelled two strategies. The first is to pay households for … [Read more...]

Filed Under: Energy, Oil, Gas & Coal, Policies Tagged With: consumers, demand, EU, gas, imports, LNG, prices, Russia, subsidies, Ukraine, winter

100% green shipping would add less than 10 cents to the cost of Nike trainers from China

July 4, 2022 by Transport & Environment

Upcoming EU policies intended to cut shipping emissions would add just a few cents to the cost of goods all the way from China, says an analysis by T&E. Extending carbon pricing to shipping and mandating small amounts of green e-fuel use by 2030 will mean a pair of trainers would cost just €0.003 more, a television €0.03 and a refrigerator up to €0.27 more. It’s because final costs are not very sensitive to fuel costs. The more startling … [Read more...]

Filed Under: Energy, Transport and energy Tagged With: costs, efuels, hydrogen, imports, shipping, transport

If Russia cuts its gas supplies to Germany, what happens next?

June 20, 2022 by Benjamin Wehrmann

Replacing Russian pipeline gas to Europe in the short term is much more difficult than finding alternative sources for coal and oil. It’s why the EU hasn’t banned Russian gas. But what if Russia cuts off the supply? Benjamin Wehrmann at Clean Energy Wire looks at what the consequences and options are for Germany. Though Germany aims to wean itself off Russian supplies almost entirely by 2024, a sudden cut would have serious consequences. Storage … [Read more...]

Filed Under: Energy, Oil, Gas & Coal Tagged With: EU, gas, GDP, Germany, imports, industry, Nordstream, Russia, storage, Ukraine, winter

China tariffs: Biden’s plan to unblock domestic Solar manufacturing

June 16, 2022 by John Rogers

The U.S. solar industry has been caught up in the wider tariff disputes with China, a key exporter of solar panels and components. The Solar Energy Industries Association estimates hundreds of projects have been cancelled or delayed, totalling more than 50GW (that’s over twice the total US solar installations of 2021), putting 100,000 jobs at risk (almost half the solar workforce). John Rogers at UCS explains what the Biden administration is … [Read more...]

Filed Under: Energy, Renewables Tagged With: China, exports, imports, jobs, manufacturing, panels, solar, tariffs, US

EU’s latest sanctions on Russian Oil: what are they and will it work?

June 14, 2022 by Ben Cahill

On June 3, the EU agreed an embargo on Russian crude oil and petroleum products. Ben Cahill at the Center for Strategic and International Studies looks at the details of the latest sanctions imposed in response to Russia's ongoing invasion of Ukraine, and assesses the possible consequences. The aim is to cut oil imports from Russia by 90 percent by February 2023. A critical part of the sanctions is a ban on providing shipping insurance to Russian … [Read more...]

Filed Under: Energy, Oil, Gas & Coal Tagged With: China, EWU, exports, imports, India, oil, petroleum, Russia, UK, Ukraine, US

Seven ways for the U.S. and Europe to enhance energy security and advance climate goals

May 9, 2022 by Joseph Majkut, Nikos Tsafos and Ben Cahill

Ending reliance on Russian fossil exports will need the U.S. and Europe to work together, explain Joseph Majkut, Nikos Tsafos and Ben Cahill at the Center for Strategic and International Studies. The U.S. is the world’s largest oil and gas producer and is able to increase output. At the same time, it must meet global emissions targets. The way to do it is to increase fossil exports temporarily whilst improving its carbon reduction measures (e.g. … [Read more...]

Filed Under: Energy, Oil, Gas & Coal, Renewables Tagged With: diplomacy, EU, exports, gas, hydrogen, imports, investment, jobs, LNG, markets, methane, oil, Russia, shale, skills, US

Europe must simultaneously replace Russia’s fossil exports and accelerate its clean energy deployment

April 28, 2022 by Dolf Gielen, Ricardo Gorini, Luis Janeiro and SeĂĄn Collins

The Ukraine crisis has had an immediate impact on Europe’s strategy for energy supply security. And this week’s sudden halting of gas supplies by Russia to Poland and Bulgaria only emphasises the urgency. Dolf Gielen, Ricardo Gorini, Luis Janeiro and SeĂĄn Collins at IRENA look at the best options, basing their findings on their latest “World Energy Transitions Outlook”, published in March, that lays out a routemap for the next eight years for … [Read more...]

Filed Under: Energy, Energy Outlooks, Oil, Gas & Coal, Renewables Tagged With: ammonia, biogas, Bulgaria, coal, EU, Europe, gas, hydrogen, imports, Netherlands, oil, outlook, Poland, renewables, Russia, solar, Ukraine, wind

How could Germany wind down Russian oil imports by the end of 2022

April 25, 2022 by Kerstine Appunn

Berlin has said that, though difficult, it could become independent of Russian oil imports by the end of 2022, with a target of halving them by the middle of the year. Kerstine Appunn at Clean Energy Wire compiles information on the practical challenges for Germany’s oil infrastructure, refineries and security of supply. Germany is serviced by three pipeline systems for the west, the east and the south of the country. But they are not connected … [Read more...]

Filed Under: Energy, Oil, Gas & Coal Tagged With: crude, diesel, Energy, Germany, imports, infrastructure, logistics, oil, pipelines, prices, refineries, rosneft, Russia, security, storage, transport, Ukraine

Europe’s long-term energy security: do not become dependent on “green” Russia’s future LNG and Hydrogen exports

April 21, 2022 by Leslie Palti-Guzman

It’s not enough for Europe to cut Russian energy imports without a plan to make the change endure, says Leslie Palti-Guzman writing for the Atlantic Council Global Energy Center. Boycotts and divestments usually have expiry dates. What’s more, Russia will be proactive in driving its export capabilities to make them commercially attractive in the post-war world. Russia plans expanding LNG shipments from its Yamal Peninsular, as well as getting … [Read more...]

Filed Under: Energy, Hydrogen, Oil, Gas & Coal Tagged With: Arctic, diversification, EU, Europe, exports, hydrogen, imports, LNG, Russia, Ukraine, Yamal

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Recent Posts

Utah: 140MW Geothermal bid can beat the cost and performance of the proposed Nuclear SMR

Make Hydrogen in developing nations: share prosperity while meeting our climate goals

Smart Glasses: experts can monitor and advise on power plant inspections anywhere in the world

Concrete: 8% of global emissions and rising. Which innovations can achieve net zero by 2050?

Biofuel is approaching a feedstock crunch. How bad? And what must be done?

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