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IEA’s “accelerated case” becoming the norm? Global Wind + Solar to overtake Gas and Coal by 2024

December 1, 2020 by Josh Gabbatiss

The IEA’s 2019 “accelerated case” for renewables is turning into this year’s “main case”. It predicts that Wind and Solar capacity combined will overtake both Gas and Coal globally by 2024. Josh Gabbatiss at Carbon Brief summarises the IEA’s Renewables 2020 report. Within five years, renewables will constitute 1/3 of all electricity generation, equivalent to the combined demand of China and the EU. Virtually all global growth in electricity … [Read more...]

Filed Under: Energy, Renewables Tagged With: China, coal, electricity, EU, gas, hydro, IEA, India, Japan, renewables, SKorea, solar, US, wind

Battery innovation must drive the 50-fold increase in storage capacity needed by 2040

November 6, 2020 by IEA

The IEA has set the storage sector a challenge. It says the world will need 10,000 GW-hours of batteries and other forms of energy storage by 2040, a 50-fold increase on today. The good news is that a joint study by the European Patent Office and the IEA reveals electricity storage patenting activity has grown 14% a year over the past decade. Here the IEA summarises the findings of its comprehensive report. It explains that Japan and Korea lead, … [Read more...]

Filed Under: Energy, Storage Tagged With: batteries, China, electricity, EU, EVs, innovation, Japan, Korea, solar, storage, US, wind

Energy Charter Treaty: reform will only happen when energy ministers get involved

September 17, 2020 by Clare Taylor

Negotiations are underway for the reform of the Energy Charter Treaty (ECT), an international trade agreement under fire from former Energy Charter executives, members of the European Parliament, and NGOs. Created at the end of the cold war, it was designed to protect cross-border energy investments – in a fossil fuel world – from political risk. Clare Taylor quotes the critics who say it no longer makes sense for the treaty to protect oil and … [Read more...]

Filed Under: Energy, Policies Tagged With: efficiency, emissions, EnergyCharterTreaty, EU, gas, Japan, oil, Paris2050

Global Coal Database: Covid lockdown may accelerate phase-out

July 22, 2020 by Chris Littlecott and Leo Roberts

E3G has created a database to track coal’s phase-out across the globe. Though much has been achieved, dating back to 2010, it’s still not on target. Chris Littlecott and Leo Roberts at E3G look at the data from different territories. The OECD and EU28 have made very good progress: 71% of these countries are pursuing coal phase-out, with 58% on track to be coal free by 2030. The article points at successes in the US, the UK, Spain and Germany … [Read more...]

Filed Under: Energy, Oil, Gas & Coal Tagged With: China, coal, Covid, emissions, EU, Germany, Japan, OECD, spain, turkey, UK, US

Floating Solar: can it help ASEAN reverse coal’s continued rise?

July 13, 2020 by IEEFA

Floating solar farms may be gaining traction in Asia. Capacity is still small: by 2019 the big players Japan and China had a combined floating photovoltaic (FPV) installed capacity of 1.3GW. But the ASEAN countries that had virtually nothing before 2019 now have over 51MW and have planned in another 858MW. A report by Sara Jane Ahmed and Elrika Hamdi at IEEFA explains why FPV is looking better and cheaper at balancing out peaks and troughs than … [Read more...]

Filed Under: Energy, Renewables Tagged With: China, coal, FloatingSolar, gas, grids, hydro, Indonesia, infrastructure, Japan, Malaysia, Philippines, Singapore, solar, Thailand, Transmission, Vietnam

2019’s grid storage additions fell for the first time since 2013. Why?

June 9, 2020 by IEA

Globally, new installations of grid storage fell year-on-year in 2019 for the first time since 2013. This IEA summary of the landscape is taken from its latest series of Tracking Clean Energy Progress reports. The IEA’s recommendations reflect the fact that grid storage is new and complex, needing changes to existing regulations and market rules that are unviable in the age of transition. The policy goal is to monetise the value of storage in … [Read more...]

Filed Under: Energy, Storage Tagged With: australia, batteries, China, flexibility, grids, Japan, Korea, markets, policies, storage, UK, US

200 – 400 Nuclear reactors to be decommissioned by 2040

February 11, 2020 by Denis Iurchak

Denis Iurchak has taken a close look at nuclear decommissioning. Globally, 447 nuclear reactors are in operation as of January 2020. Of those, nearly 70% are older than 30 years (25% are older than 40 years). The IEA says around 200 commercial reactors are to be shut down in the next two decades. On top of that, 182 reactors are already in permanent shutdown. This means that between 200 and 400 reactors are likely to be decommissioned by 2040, … [Read more...]

Filed Under: Energy, Nuclear Tagged With: Canada, Createc, decommissioning, EDF, France, GEHitachi, Germany, GNSZerkon, Graphitech, Holtec, Japan, NorthStar, Nuclear, Orano, SKorea, SNCLavalin, spain, Tenex, UK, US, Veolia, Westinghouse

Nuclear in 2020: a global look ahead at policy, financing, politics, by country

January 8, 2020 by Dan Yurman

Dan Yurman presents his worldwide review of nuclear’s prospects. 19 nations are covered. He explains while some countries are planning to scale down nuclear, like South Korea and France, some are increasing investment, like China. Others remain stuck over policy, pricing, financing and politics (e.g. Japan, the U.S.). Exporters of plants, led by Russia, are making moves – not always easily - in Eastern Europe and the Middle East. R&D … [Read more...]

Filed Under: Energy, Nuclear Tagged With: Canada, China, electricity, France, India, investment, Japan, Nuclear, Poland, policy, Politics, pricing, Russia, SMR, SouthKorea, turkey, UK, US

Hydrogen Fuel Cell trucks can decarbonise heavy transport

October 17, 2019 by Patrick Molloy

Patrick Molloy at Rocky Mountain Institute runs through the pros and cons of hydrogen fuel cell vehicles (FCEVs). The big pluses are that hydrogen has an energy density of around 120 MJ/kg, almost three times more than diesel or gasoline. Half the energy generated by an internal combustion engine is wasted as heat, whereas electric drivetrains used by FCEVs only lose 10%. Nikola Motors, a U.S. maker of hydrogen trucks, claims its vehicles can get … [Read more...]

Filed Under: Alternative fuels, Energy, Hydrogen, Transport and energy Tagged With: California, Canada, China, diesel, emissions, EU, EVs, FCEV, gas, gasoline, hydrogen, Japan, petrol, transport

Coal exit: top Asian banks join Europe, U.S.

May 27, 2019 by Tim Buckley

Around the world, cheaper renewables, improved technology, and risks over reputation, financial performance and the environment are driving finance away from coal. In the early days it sometimes looked like “greenwash”, but over time commitments have ratcheted up to make it a reality. Europe and the U.S. have already made a good start, and Asia is now catching up. As renewables get cheaper nobody wants to be left holding billions in stranded … [Read more...]

Filed Under: Energy, Investment Tagged With: China, coal, India, investment, Japan, Singapore, South Korea, Thailand

IEA: Renewables growth worldwide is stalling

May 8, 2019 by IEA

It’s bad enough that 2018 net capacity additions did not exceed 2017’s after two decades of strong growth. It is far more troubling that nobody saw it coming, says the IEA, who have laid out the data and main cause: stop-go policies. 2018's 180 GW is only 60% of what needs to be added each year to meet climate goals. China, the EU, India and Japan all fell back. Only emerging economies, developing countries and the US (slightly) saw growth. … [Read more...]

Filed Under: Energy, Policies, Renewables Tagged With: China, emissions, EU, grids, IEA, India, investment, Japan, Paris2050, policies, renewables, US

Russia to consider ratification of Paris Agreement

February 20, 2019 by Natalie Sauer

In Russia a report on formally joining the climate deal is due for completion by the end of the month. Russia has signed the Paris Agreement but not ratified it, and is the largest GHG emitter of the 13 nations not to have done so. To help change the mindset a key industry lobby has reversed its opposition. They join supporters who warn that non-ratification can now undermine international trade deals, and fossil fuels are inefficient and costly. … [Read more...]

Filed Under: Climate policy, Energy Tagged With: EC, emissions, EU, ghg, Japan, Paris2050, Putin, Russia

Japan’s new energy strategy should boost both renewables and nuclear power

March 29, 2018 by David Livingston

Japan needs both renewables and nuclear energy in its energy mix to reduce dependence on imports and lower greenhouse gas emissions, writes David Livingston of the Atlantic Council Global Energy Center. According to Livingston, it is in the interest of the international community that the country's new energy strategy, which is expected in the middle of this year, should boost their share in the energy mix.  … [Read more...]

Filed Under: Climate policy, Energy, Nuclear, Oil, Gas & Coal, Policies, Renewables Tagged With: climate change, coal power, electricity market, energy security, energy transition, energy2030, Japan, LNG, nuclear energy, oil, renewables, solar power, wind power

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      Recent Posts

      U.S. EPA: new rules proposed for cutting Fossil Fuel-Fired Power Plant emissions

      Financing Renewable Hydrogen globally: ramp up to 2030 only needs $150bn/year

      Five charts on the Energy Transition: the 2020s is the decade of maximum disruption. By 2030 the endgame will be clear

      Making Hydrogen direct from seawater using double-membrane electrolysis

      The history of evidence of CO2-driven climate change starts in the mid-1800s

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