A Labour-led left coalition won the Norwegian elections in September. The Socialist Left Party looks keen to limit new oil and gas exploration and production. The dominant Labour Party and the Center party, much less so. Still, it could be the moment when Norway starts to put the climate above its oil and gas policy, explains Silje Lundberg at Oil Change International. Until now – left or right - it’s definitely been the other way around. The … [Read more...]
Europe’s Carbon Capture pipeline: 40+ projects. But where’s the policy support and market creation?
13 different European countries have announced more than 40 carbon capture projects. Most are yet to become operational, but the commitment from the private sector – ranging from new players to established energy and industry majors – is clear. Now is the time for governments to create for CCUS the kind of policies that accelerated the growth of wind and solar, says Lee Beck at the Clean Air Task Force. Norway and the Netherlands are taking those … [Read more...]
NW Europe’s Hydrogen targets: ambition must match reality
The IEA’s report released earlier this year, “Hydrogen in North-Western Europe: A vision towards 2030”, welcomes the fact that the six countries analysed - Belgium, Denmark, France, Germany, the Netherlands, Norway and the UK – have the ambition to build a hydrogen economy. They are Europe’s major hydrogen producers and consumers, have major ports that already service this sector, have natural gas infrastructure that can be repurposed, and access … [Read more...]
Norway an EV role model? Their pathway is expensive and paid for with oil & gas exports
Norway is an EV leader thanks to a generous pot of tax incentives. Today, battery-electric cars make up more than half of all new car sales in Norway. Schalk Cloete takes a detailed look at what those incentives cost, and how many tonnes of CO2 they avoid. In short, Norway – a major oil and gas exporter - needs to sell over 100 barrels of oil (which emits 40 tonnes of CO2) to pay for the tax breaks it gives EVs to avoid one tonne of CO2. And … [Read more...]
Germany’s highest court rules climate laws are insufficient, violate rights, unfairly burden future generations
In an unexpected decision widely hailed as historic, Germany's highest court has ruled that the government's climate legislation is insufficient, and lacks detail on emission reduction targets beyond 2030. Sören Amelang, Kerstine Appunn, Charlotte Nijhuis and Julian Wettengel at Clean Energy Wire run through the background and the consequences of the case brought by youth activists and NGOs. Legal experts say the decision “significantly … [Read more...]
Carbon Capture in Germany: are industry, government and innovators starting to move?
For two years there was little movement after German Chancellor Angela Merkel put carbon capture, removal, and storage back on Germany’s agenda. But the past few months have seen pressure build for a launch of CCS that may model itself on Germany’s success with solar, explains Lee Beck writing for Atlantic Council. Political voices both within and outside government, as well as investments by giants like Heidelberg Cement and Linde, are giving … [Read more...]
Norway’s power markets, storage and CCS plans can make it a decarbonisation hub for Europe
Though still heavily reliant on oil and gas, Norway can claim to be a central piece in Europe’s decarbonisation puzzle, explains Tshin Ilya Chardayre writing for the IFRI Centre for Energy & Climate. Norway’s substantial hydropower infrastructure gives it a reservoir storage capacity that could account for 10% of EU-wide energy storage needs by 2050. That would require international transmission cables and power markets, the development of … [Read more...]
How much subsidy do EVs need to be competitive?
Despite a wide range of subsidies and incentives, battery electric vehicles (BEV) make up only 1.4% of new car sales in the U.S. That the effective battery cost is zero to the consumer doesn’t seem to be lifting that number any higher. Meanwhile, in Norway the percentage is a much more impressive 42%, but those subsidies and incentives are far higher: the effective battery cost is negative 385 $/kWh for a typical 60kWh battery pack, i.e. a very … [Read more...]
How underground CCS works: low leakage risk, 2%
It’s not just the high upfront costs and the absence of a profitable business model that’s stalling the take-off of Carbon Capture and Storage (CCS). There are fears that CO2 stored underground will leak over the thousands of years it needs to be sequestered. The companies that put it there will be long gone. If you aren’t around to take the blame and pay the penalty, why bother doing it properly? Stephanie Flude at Oxford University and Juan … [Read more...]
Are national fossil fuel car bans compatible with EU laws, intra-trade, movement?
A growing number of EU nations are announcing laws to phase out the sale of new fossil fuel cars within the next 20 years. But are the proposed bans compatible with EU laws, or even workable given cross border trade and movement rights? If you are Dutch, why not buy your new petrol car in Belgium, then drive it back to the Netherlands? How do you enforce CO2 targets with foreign haulage fleets transiting through your nation? Eoin Bannon at … [Read more...]
Germany must put CCS back on the table, says Merkel
Carbon Capture has not been popular in Germany. The public are largely opposed, political parties are split, and Federal States are not approving new projects. Germany has only four operations, and only one has injected anything (not much) into the ground. Now Chancellor Merkel wants it back on the table, along with a public debate. Julian Wettengel at Clean Energy Wire runs through the reasons for the opposition (an excuse to keep coal plants … [Read more...]
Norway’s “Northern Lights” project: creating the CCS business model
Northern Lights, a carbon capture and storage (CCS) project backed by the Norwegian government, is drilling test wells in the North Sea to find suitable places to store CO2. Project partners include Shell and Total, and others are joining them. CO2 will be shipped to an onshore terminal from which it is piped to the subsea wells. Once established, the plan is for other European countries to send their CO2 too. The project will also create the … [Read more...]
New Car sales data shows EVs still a luxury as Petrols keep rising
It’s hard to argue that the EV revolution is around the corner when petrol car sales keep rising. Yes, diesel sales are falling, but more people are switching to petrol than EVs. This month, two data releases from the European Automobile Manufacturers' Association (ACEA) show that EV’s big gains are only happening in the high income countries. Even wealthy Norway’s 49.1% EV market share is an exception. The nations that come second and third are … [Read more...]
Electric Cars: only big subsidies lift market share off the 1.5% floor
You only need to compare the US to Norway to see how the main driver for EV sales is coming from government subsidies. Total Norwegian EV incentives cut the cost of running a typical 60 kWh battery pack from over $200/kWh to negative $336/kWh. US incentives bring it down to negative $23/kWh. The consequences are clear: generous Norway sees EVs take 31% of the market share in cars. In the US it’s 1.4%. That makes EVs a luxury item in the US (like … [Read more...]
Norway’s renewables exports to increase 8-fold by 2030
Already, Norway’s renewable energy sector generates $1.2bn in export revenues today. Now an analysis of commitments by both private and state actors shows that that figure should rise 8-fold by 2030. Terje Osmundsen, CEO of Empower New Energy, adds up the numbers, identifies the key businesses and state operators, and shows how renewables exports can help both Norway and developing countries in danger of being left behind. … [Read more...]
Recent Comments