Sarah Keay-Bright plots an affordable pathway for low income nations to reduce the cost of bus electrification and scale up private investment. The first step is to put a true figure on the total cost of ownership (TCO) for electric buses versus existing conventional fossil fuel ones. Externalities such as air pollution are often left out. Subsidies, fuel and vehicle taxes also play a role. Every country is different, because of matters that … [Read more...]
China’s quest for gas security is reshaping the global LNG market
In just two years, China has become the world’s top gas importer and should soon become the largest importer of Liquefied Natural Gas (LNG). But that growing import dependency, domestic winter supply concerns, and the trade war with the U.S. means the Chinese government is reinforcing its gas supply policy, says a report "China’s Quest for Gas Supply Security: The Global Implications" by the IFRI Centre for Energy & Climate, authored by … [Read more...]
MEDREG’s support to energy regulatory reforms in the Southern Mediterranean: what have we achieved?
On Thursday 19 September 2019, 10:00 – 16:00, at the Hotel NH Brussels EU Berlaymont, MEDREG aims to share some of the successes achieved in the last two years, through the voice and testimonies of MEDREG’s regulatory members from Algeria, Egypt, Israel, Jordan, Morocco and Palestine. Presentations on the concrete achievements and improved regulatory capacity that resulted from MEDREG’s support activities will be complemented by specific case … [Read more...]
Accelerating electromobility in east Europe: a how-to guide (part 1)
While record electric vehicle (EV) sales in high income countries keep making headlines they’re struggling to take off anywhere else. Sarah Keay-Bright plots a pathway for change. Like anywhere else, public investment must come first, carefully paving the way for private to follow. So that means getting the tax regime right. As taxes rise to disincentivise fossil cars those revenues will fall as people go electric. So they need to be replaced. … [Read more...]
Grid balancing: Electric Cars are a lot like water heaters, so relax
Electric water heaters consume as much power as electric cars, drawing on the grid in much the same way: everyone’s doing it at roughly the same time of day. The U.S. already has 60m such heaters and manages to balance the grid with no problem. So adding tens of millions of electric cars should be very manageable even without direct control of when the cars charge, says Jim Lazar at the Regulatory Assistance Project (RAP). It only takes two to … [Read more...]
OPEC is driving itself to irrelevance with farcical aplomb
It took months of delays but even before the cartel’s latest ministers meeting began in Vienna, the Saudis and Russians rendered it meaningless by largely deciding an outcome that failed to surprise the market. Not that long ago, a meeting of the Organization of Petroleum Exporting Countries (OPEC) carried great weight in the global energy market and was accompanied by intense anticipation. The powerful oil producer’s cartel at one point held … [Read more...]
EU to help China fulfil its global climate obligations, and in return…
Last month’s launch of the EU China Energy Cooperation Platform (ECECP) should serve as great encouragement for EU energy firms looking to participate in the developing Chinese energy system. Up until now it’s been possible but challenging as firms have not been competing on a level-playing field. But that is set to change as a whole raft of factors mean the time is ripe for meaningful cooperation between the world’s two leading energy … [Read more...]
PPA 2.0: future-proofing corporate energy funding
Power purchase agreements (PPAs) are a significant tool for funding the energy transition. Research by DNV GL suggests that, as renewable energy becomes more widespread, its price dynamics becomes more complex, and that matters to PPAs. Some governments are looking to phase out subsidies and feed-in tariffs, effectively softening their price guarantees. Also, as renewables generation grows, market prices can fall. Martijn Duvoort, Director Energy … [Read more...]
India kick-starts wholesale electricity market reforms
India’s wholesale electricity market is no longer fit for purpose according to Dheer Patel of the Regulatory Assistance Project (RAP). Long term procurement contracts are forcing distribution companies (discoms) to buy expensive energy when cheaper alternatives are readily available. So the Central Electricity Regulatory Commission (CERC) is launching a six-month pilot, starting 1st April, that enables “least-cost dispatch” of all centrally … [Read more...]
Lithuania shows way to integrated EU energy future
As Lithuania and the Baltic Nations turn away from nuclear power and towards increased solar and wind energy production, one city is shifting towards a new energy future. Elektrenai, or Electricity City, once powered an entire nation. Its three, soaring red-and-white smokestacks were its pride and joy, and heralded in popular songs and propaganda films. The city around the power plant was built to house the workers who ensured enough oil and … [Read more...]
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