Annual investments in clean energy stand at $1.4tn, now greater than investments in fossil fuels ($1tn). But that needs to double by 2030. This steep climb will be made easier by the natural cycle of global investment, as well as the cost-benefits of abandoning fossil fuels for renewables and greater efficiencies, says Stephen Peake at The Open University. Each year, around a quarter of our GDP is anyway spent on new machinery, buildings and … [Read more...]
How Europe is countering Russia’s weaponisation of energy – CEDE 2022 event summary
Simon Göss provides a written summary of our two panel discussions held in Brussels on Thursday December 8th 2022. Panel 1 was titled âThe Availability and Affordability of Gas and Energy in CEE and EUâ, Panel 2 âThe War in Ukraine: Security of Critical Energy Infrastructureâ. The issues covered include EU policy interventions for countering the Russian weaponisation of energy, cooperation with Ukraine, how far is Europe prepared, spill-over … [Read more...]
Russia-Ukraine: Critical Infrastructure Protection from sabotage is an unprecedented challenge the EU must face now
### 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...]
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...]
Tools to design energy systems resilient to natural disasters: from small villages to big cities
There is little doubt that emissions reduction will not be enough to cope with climate change. Adaptation will be essential too. Connor OâNeil and Moriah Petty at NREL describe how the National Renewable Energy Laboratory is developing free-to-use tools to help configure and create energy systems that are resilient to natural disasters. The tools have already been applied to small and large populations, ranging from a 500-person town to big … [Read more...]
EVs are on track for net-zero emissions
The IEA says âElectric Vehiclesâ is one category that is on track to meet their Net Zero Emissions by 2050 Scenario. Road transport accounts for 16% of global emissions. Recent years have seen exponential growth in the sale of EVs, together with improved range, wider model availability and increased performance. The IEA estimates that 13% of new cars sold in 2022 will be electric. Most of the progress is taking place in established markets â i.e. … [Read more...]
Event Summary: Building GW-scale Offshore Wind in the Baltic Sea
Here we provide a written summary of the panel discussion âWind of Change or Change of Wind? The future of Baltic Sea offshore investmentsâ held on 12th September 2022 in Brussels. Itâs a full summary of the 90 minute discussion (including audience questions), but it begins conveniently with a summary of the highlights. The Baltic Sea has the potential to develop over 90 GW of offshore wind capacity. The Russian invasion of Ukraine has delivered … [Read more...]
How to ramp up Hydrogen under the new REPowerEU targets
What needs to be done to develop hydrogen as a major fuel in Europe as the continent looks to diversify away from Russian oil and gas supplies? The war in Ukraine has led to the EU substantially raising its hydrogen ambitions. While the earlier âFit for 55â target for 2030 was set at 5.6 Mt, the new REPowerEU strategy has increased the target to 20 Mt, to replace 50 bcm of Russian gas. That means, for example, the use of hydrogen in industrial … [Read more...]
4 ways to cut whole system electricity costs with flexible Demand Side Management
Right now, energy system costs are driven by generation capacity, infrastructure upgrades, network reinforcements, curtailment and constraint payments, and imbalance costs. Whatâs missing is the investment in a raft of demand side management assets that are ready to go but are not part of the market, therefore not rewarded, and therefore not being invested in. Laura Sandys at Energy Systems Catapult, writing for WEF, explains why flexibility must … [Read more...]
Hydrogen is also a greenhouse gas, so leaks must be minimised
Even leaked hydrogen can warm the climate. How serious is it as a greenhouse gas? How easy is it to minimise leaks? Thomas Koch Blank, Raghav Muralidharan, Kaitlyn Ramirez, Alexandra Wall and Tessa Weiss at RMI answer these important questions as the hydrogen ramp up begins. The first observation is that hydrogen is much less damaging than natural gas, even with minimal hydrogen leakage regulation. Nevertheless, the roll-out of this new energy … [Read more...]
Rotterdamâs World Hydrogen 2022 Summit & Exhibition: 3,000+ attendees, 120+ businesses, 9-11 May
The World Hydrogen 2022 Summit & Exhibition will open its doors to over 3,500 industry professionals on 9-11 May in Rotterdam where more than 120 leading hydrogen companies will be showcasing their technologies, applications and solutions at the cityâs largest arena, the Rotterdam Ahoy. The anticipated meeting is the first large-scale hydrogen-focused event to take place following the pandemic in Rotterdam, a city recognised for its advances … [Read more...]
How could Germany wind down Russian oil imports by the end of 2022
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 Germanyâs 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...]
All estimates of the âcostâ of climate action should include the savings and benefits
Too many climate mitigation scenarios calculate the cost of that transition without measuring the savings and benefits, explain Alexandre Köberle and Joeri Rogelj at Imperial College London, Toon Vandyck at the EC's Joint Research Centre, and Celine Guivarch at the Centre International de Recherche sur lâEnvironnement et le Developpement, writing for Carbon Brief. This leads to a pessimistic view of the challenges ahead, and public aversion to … [Read more...]
Event summary: âUnlocking the potential of Bioenergyâ
Sara Stefanini provides a written summary of our panel discussion held on Thursday March 17th 2022. Itâs a full summary of the 90 minute discussion (including audience questions), but it begins conveniently with a summary of the highlights (potential for bioenergy, hard-to-abate sectors, sustainability, policy needs). Those highlights include the need to scale bioenergy up from around 50 EJ today to 150 EJ by 2050; the importance of carbon … [Read more...]
IPCC Report on Adaptation: a rapidly closing policy window for climate change action
We do not know how successful we will be at cutting emissions. So âadaptationâ is how we change our behaviour, economies, infrastructure and planning to cope with the consequences of climate change. The IPCCâs 6th and latest report looks at the scientific evidence of climate risk and the adaptation solutions being pursued around the world. Alexandre Magnan at IDDRI summarises the findings. It says that by 2100 climate risk will increase two- to … [Read more...]
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