Energy and climate experts as well as national and EU parliamentarians are lining up to press their governments to withdraw from the Energy Charter Treaty (ECT) if insufficient progress is made in its modernisation. Their main argument is that it gives protection to fossil investments in a world where policies are changing in order to constrain or phase them out. Here, Frank Umbach at EUCERS sternly warns against abandoning the ECT. The treaty … [Read more...]
Electric metering should break its link with power consumed and create it directly with the costs of delivery
In a world where electricity is generated from non-renewables (oil, gas, nuclear) our meters measure and charge us for electricity delivered, as if it was a fuel being consumed. Going forward, the cost should be measured against what is actually being consumed. In a renewables world – particularly 'run-of-the-river' hydro, wind and solar - that’s not the electricity. It’s the wear and tear on the infrastructure. Treating these types of renewable … [Read more...]
Report maps out the new geopolitical power dynamics created by renewables
A new report by the Global Commission on the Geopolitics of Energy Transformation says the new energy age will profoundly reshape relations between states and regions. It will bring “A New World” of power, security, energy independence and prosperity. It will also reshape the geopolitical map, just as fossil-fuels have done over the last 200 years. No nation will be unaffected. … [Read more...]
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