We need integrated resilient smart grids that can accommodate the rapid growth of intermittent renewables as well as the rise of âprosumersâ who both buy and sell electricity into the grid. This is the focus of three online discussion sessions on February 8th, 9th and 10th organised and hosted by power management company Eaton. The proliferation of multiple generation sources (solar, wind, batteries and other clean, flexible technologies) means … [Read more...]
Net-Zero world: calculating the cost of stranded assets, including wrong-skilled âhuman capitalâ
Most calculations of the costs of stranded assets abandoned and replaced by the net-zero economy have been missing the biggest element: human capital. Itâs not sufficient just to total up the assets and supporting infrastructure for coal, gas, old-style buildings, machines, vehicles, etc., says Dan Chester at Lancaster University and co-author of the paper âStranded Human and Produced Capital in a Net-Zero Transitionâ. Worker output is not only … [Read more...]
Politicians need net-zero scenarios that include socio-economic obstacles and solutions
Standard net-zero scenario modelling carefully analyses the possible impacts of technological solutions and their obstacles. What theyâre missing is the detailed analysis of the socio-economic impacts of these scenarios on the lives of citizens. That means jobs, incomes, energy bills, air quality, and regional economic performance. In other words, the politics on the ground. Misunderstood, and perfectly sensible pathways will come up against … [Read more...]
Will Wind & Solar confront its 10 challenges? If not, we need Nuclear, CCS, and more
Wind and solarâs impressive cost declines have seen its welcome and rapid emergence. But currently they account for a mere 2â4% of global energy. So these variable renewable energy sources (VREs) must now address 10 big challenges if they are to dominate the energy sector, explains Schalk Cloete in this data-led review. Their cost declines will be confronted and even cancelled by new costs theyâve not yet faced during their low-hanging-fruit … [Read more...]
Coal phase-out by 21 nations only accounts for 3.2% of global power. What about the others?
The 21 nations committed to coal phase-out only account for 3.2% of global electricity generation. Three - Belgium, Austria and Sweden â have already done so. The rest hope to by different dates, ranging to 2040. Asia is where the main problem is, and their transition challenges are well known: growing economies, and energy security. Carlos FernĂĄndez Alvarez at the IEA spells out their recommendations, and references case studies in Canada, the … [Read more...]
Concern over auto job losses as Europe transitions to EVs
The state premier of Lower Saxony, home of Volkswagen, says he would not tolerate a large-scale reduction in staff at Germanyâs largest carmaker. There is talk of axing 30,000 VW jobs nationwide, though messages have been mixed. Benjamin Wehrmann and Sören Amelang at Clean Energy Wire look at the latest news, then summarise the implications of the EV transition for the auto industry across Europe. Highlights include the observation that a Tesla … [Read more...]
IEA WEO 2021 message to COP26: 40% of clean energy goals will cut costs
The IEAâs latest World Energy Outlook was published on Wednesday. This yearâs WEO-2021 is released earlier than usual to inform COP26 and, for the first time, is available for free to ensure the widest possible audience. Simon Evans at Carbon Brief offers his summary of the 386-page report, quoting relevant numbers and charts. He first points to the new scenario, Net-Zero Emissions by 2050 (NZE), as the IEAâs recognition that this is what … [Read more...]
U.S. DoE: National Roadmap for Grid-Interactive Energy-Efficient Buildings
Buildings account for more than 70% of U.S. electricity use and one-third of economy-wide CO2 emissions. Andrew Satchwell at the Lawrence Berkeley National Laboratory presents the U.S. Department of Energyâs comprehensive plan, âA National Roadmap for Grid-Interactive Efficient Buildingsâ, that could deliver up to $200bn in savings to the U.S. power system and cut CO2 emissions by 80m tons per year by 2030 (6% of total power sector emissions). … [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...]
Bidenâs Leaders Summit: turning climate commitments into solutions
President Biden's Leaders Summit on Climate last month helped focus minds on making firm commitments to reducing global emissions. As we all know, targets are one thing, credible and realistic solutions are another. To understand the challenge better, Dolf Gielen, Ricardo Gorini and Gayathri Prakash at IRENA break down into themes those areas that need much more effort and, if dealt with successfully, can get us to net zero by 2050: structural … [Read more...]
New U.S. Offshore Wind target: from standing start to 30GW by 2030
In March, the Biden administration announced a bold target to deploy 30GW of offshore wind capacity by 2030. Until now, offshore windâs rise has been driven almost exclusively by Europe and China. The U.S. accounts for just 0.1% of the worldâs installed capacity (versus 17% for onshore wind). Why the hold up, given the U.S. could require up to 400GW of offshore wind by 2050? As Stephen Naimoli and Nikos Tsafos at CSIS explain, offshore costs … [Read more...]
Energy efficiency is the âfirst fuelâ, making decarbonisation easier for all other sectors
To set up our upcoming online event âChina: Carbon Neutral by 2060 -EFFICIENCY FIRSTâ we look at the profound importance of efficiency to the global energy transition. Energy efficiency is the âfirst fuelâ, meaning success here will make the decarbonisation of all the other sectors and technologies easier, faster and cheaper. Basically, use and waste less energy. Alyssa Fischer at the IEA starts by noting that their Sustainable Development … [Read more...]
Five practical steps Oil & Gas can take to accelerate their energy transition
The Oil & Gas sector has a role to play in the energy transition, and not just by winding down operations. Thatâs because they will, by most projections, continue to be a major part of the energy mix through to 2050. But their activities must transition too, explain Bart Valkhof, Pedro Gabriel Gomez Pensado and Wan Sayuti at the World Economic Forum. The sector must therefore work out which strategies and investments can produce the lowest … [Read more...]
Coal Phase-Out in Central Europe: cooperation is better than law suits
On Monday (February 22nd 2021) the Czech government announced their intention to file a lawsuit in the EU Court of Justice against Polandâs plan to âexpand the miningâ at Turow, saying it can endanger the drinking water for up to 30,000 people living in the Liberec Region. Frank Umbach at EUCERS argues such a lawsuit sets a dangerous precedent that could stand in the way of regional cooperation and achieving the EUâs climate goals. Instead, the … [Read more...]
Industrial Clusters: the logic of co-location now has a new driver, net-zero emissions
Industrial clusters locate plants and factories in one area to share resources, problems and solutions. They already have a long history of collaboration. But the logic of co-location now has a new driver: net-zero emissions. The sectors can range from heavy industry (e.g. steel and cement) to light (food, paper, etc.) The challenge is to make the most of new clean technologies and processes, and at the same time maintain or increase … [Read more...]
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