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30+ nations now subsidise Heat Pumps because lifetime cost is cheaper than fossil boilers

January 10, 2023 by Josh Gabbatiss

The global growth in heat pumps can deliver almost 40% of all possible emissions cuts from heating by 2030 (with most of the rest coming from efficiency, mainly insulation), says the IEA. This is according to their “Announced Pledges Scenario” (APS) which assumes that governments carry out all of the climate commitments they have made. Keeping buildings warm produces one-tenth of global energy-related CO2 emissions. So the APS’s heat pump growth … [Read more...]

Filed Under: Energy, HVAC Tagged With: buildings, China, efficiency, emissions, EU, heating, HeatPumps, HVAC, IEA, Italy, LCOE, Poland, subsidies, US

The Mining industry should simultaneously be testing for Geothermal potential

June 29, 2022 by Ryan Horns

In Nevada alone, the mining industry drills over 2,000 exploration holes per year. They do so to the depths needed to also verify whether the location is suitable for geothermal energy, so it makes sense for them to assess suitability not just for minerals but for geothermal, explains Ryan Horns writing for NREL. Leveraging that data, knowledge, and expertise will expand the geothermal exploration workforce, increase the rate of geothermal … [Read more...]

Filed Under: Energy, Geothermal Tagged With: data, exploration, geothermal, jobs, LCOE, mining, Nevada, US

Lifting and lowering tons of bricks: the best storage solution for Wind and Solar intermittency?

February 16, 2022 by James Conca

It’s a high capacity storage system that’s simplicity itself. Use excess wind and solar to raise heavy weights. Keep them at a height for as long as you like. Lower them to generate electricity. James Conca looks at a system being developed by Energy Vault and already being demonstrated in the Swiss national grid. At scale, a single “vault” with 10,000 bricks will have an annual output of 27 GWh, sitting on only 14 acres of land. The bricks are … [Read more...]

Filed Under: Energy, Storage Tagged With: batteries, bricks, efficiency, EnergyVault, grids, Intermittency, land, LCOE, solar, storage, Switzerland, US, wind

We’re not costing energy correctly: reward clean energy optimisation, not maximum generation

July 23, 2021 by Laura Sandys

Laura Sandys at Energy Systems Catapult says policy makers today are too focussed on rewarding clean energy generation, in other words supplying as much energy as possible. With that comes a focus on reducing the cost of the energy generated. But how about reducing demand? Demand optimisation should be equally rewarded: efficiency, non-generation demand management (even at the household level: think EVs and heat pumps), and any assets that … [Read more...]

Filed Under: Energy, Grids Tagged With: demand, efficiency, electricity, EVs, HeatPumps, investment, LCOE, markets

Unlocking the potential of Ocean Energy: from megawatts to gigawatts

June 3, 2020 by Francisco Boshell, Roland Roesch, Alessandra Salgado and Judit Hecke

When you consider the expanse of the world’s oceans no one should be surprised that the theoretical potential for electricity generated from ocean energy is several times total global energy demand. Of course, that potential needs to be harnessed at commercial prices. Francisco Boshell, Roland Roesch, Alessandra Salgado and Judit Hecke at IRENA run through the technologies used to extract energy from tides and waves, the potential near-term … [Read more...]

Filed Under: Energy, Renewables Tagged With: aquaculture, desalination, EU, LCOE, OceanEnergy, tidal, wave

Barriers to intermittent renewables and battery storage come tumbling down

April 5, 2019 by Energy Post Premium

The astonishing growth of the renewable energy sector shows little sign of slowing, as costs continue to plummet, along with the cost of energy storage, to remove many of the barriers to using intermittent renewable generating sources in a range of applications. Much of this is down to the fact that the cost of battery energy storage is one third lower than this time last year. … [Read more...]

Filed Under: Energy, Renewables, Storage Tagged With: battery storage, BNEF, Intermittency, LCOE, solar, wind

IEA: solar’s exponential growth could make it less competitive, not more

February 12, 2019 by Brent Wanner

Solar’s current growth trajectory means a doubling of annual deployment every three years. But despite further expected reductions in some cost areas (e.g. cheaper tech and economies of scale), the IEA’s new VALCOE (value-adjusted levelised costs of electricity) metric calculates that solar’s relative competitiveness per unit added will actually decline as its inherent demand-matching issues scale up with the growth. Brent Wanner, WEO Energy … [Read more...]

Filed Under: Climate policy, Energy, Renewables Tagged With: flexibility, IEA, Intermittency, investment, LCOE, policy, solar, transition, VALCOE, WEO2018

Most read this week

  • Make Hydrogen in developing nations: share prosperity while meeting our climate goals by Dolf Gielen | posted on January 26, 2023
  • Utah: 140MW Geothermal bid can beat the cost and performance of the proposed Nuclear SMR by Dennis Wamsted | posted on January 27, 2023
  • Biofuel is approaching a feedstock crunch. How bad? And what must be done? by IEA | posted on January 23, 2023
  • 10 Carbon Capture methods compared: costs, scalability, permanence, cleanness by Ella Adlen | posted on November 11, 2019
  • Concrete: 8% of global emissions and rising. Which innovations can achieve net zero by 2050? by Ben Skinner | posted on January 24, 2023
  • Can Aluminium-air batteries outperform Li-ion for EVs? by Helena Uhde | posted on September 8, 2021
  • EU ETS and CBAM: what the big update to emissions trading rules means for Europe’s key sectors by Simon Göss | posted on January 16, 2023
  • Micro-nuclear reactors: up to 20MW, portable, safer by Christina Nunez | posted on April 22, 2021
  • EU Energy Outlook to 2060: how will power prices and revenues develop for wind, solar, gas, hydrogen + more by Alex Schmitt | posted on December 6, 2022
  • Smart Glasses: experts can monitor and advise on power plant inspections anywhere in the world by Christoph Gatzen | posted on January 25, 2023
  • Gravity Batteries: any nation can do it at scale using rocks by Simon Read | posted on July 27, 2022
  • What’s best for Hydrogen transport: ammonia, liquid hydrogen, LOHC or pipelines? by Herib Blanco | posted on May 5, 2022
  • Hydrogen production in 2050: how much water will 74EJ need? by Herib Blanco | posted on July 22, 2021
  • Why hydrogen fuel cell cars are not competitive — from a hydrogen fuel cell expert by Zachary Shahan | posted on June 17, 2016
  • The 10 big problems with simply replacing fossil cars with electric by Schalk Cloete | posted on December 6, 2021
  • Europe needs a Regional Green Bank to fulfil its Green Deal and match the U.S. by Esmeralda Colombo | posted on January 20, 2023
  • How to sell Heat Pumps to the public in Europe by Helena Uhde | posted on January 19, 2023
  • The U.S. should support the EU’s Carbon Border Adjustment Mechanism (CBAM) by Joseph Majkut | posted on January 30, 2023
  • Critical Raw Materials for the energy transition: Europe must start mining again by Frank Umbach | posted on January 10, 2022
  • 2023 lookahead for Sustainable Finance: EU Taxonomy, ESG ratings, corporate disclosure laws, Europe’s “IRA” by Luca Bonaccorsi | posted on January 12, 2023

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  • Wind (and Solar) need their own Financial Transmission Rights to hedge their unique congestion risks
  • The U.S. should support the EU’s Carbon Border Adjustment Mechanism (CBAM)
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      Recent Posts

      Wind (and Solar) need their own Financial Transmission Rights to hedge their unique congestion risks

      The U.S. should support the EU’s Carbon Border Adjustment Mechanism (CBAM)

      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

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