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European gas prices have fallen sharply since August. What happens next?

November 10, 2022 by Simon Göss

Prices on the European gas market have fallen sharply since August 2022 and Europe’s gas storage facilities are almost full. That’s good news, but the problems aren’t over. Simon Göss at cr.hub, writing for Energy Brainpool, explains why by looking at the data. He runs through the main factors driving the changes, primarily strong LNG imports, Norway’s increased production, mild weather, and lower gas consumption (particularly in industry). … [Read more...]

Filed Under: Energy, Oil, Gas & Coal Tagged With: consumption, demand, EU, Europe, gas, Germany, imports, industry, LNG, Norway, prices, storage, weather, winter

Fossil fuel producers can decarbonise by exporting Electricity, Hydrogen, and Steel

September 15, 2022 by Schalk Cloete

The compelling reason why fossil fuel producers will be needed even beyond 2050 is that they currently provide over 80% of global energy, and 90% of the world’s population still needs the wealth creation that energy delivers, says Schalk Cloete. Given that, he summarises his co-authored paper that takes a close look at how a fossil exporter, Norway, can trade with an importer, Germany, while decarbonising. The modelling focusses on electricity … [Read more...]

Filed Under: Energy, Oil, Gas & Coal Tagged With: CCS, decarbonisation, electricity, exports, gas, Germany, hydrogen, imports, industry, Norway, pipelines, steel, Transmission

Do e-bike subsidies lift sales, change habits and cut emissions?

May 27, 2022 by Lucas Davis

What happened when Sweden introduced a 25% rebate on the cost of an e-bike for 12 months over 2017-18? Lucas Davis at the Haas School of Business reviews a study that digs into the consequences. Sales increased by 70%. E-bike prices remained steady, so the sellers didn’t simply raise prices to eat up the rebate. The study estimates that although a third of those sales would have “happened anyway” (i.e. no additionality) the remaining two-thirds … [Read more...]

Filed Under: Energy, Transport and energy Tagged With: Austria, congestion, ebikes, emissions, France, Germany, Italy, Luxembourg, micromobility, mobility, Norway, pollution, Scotland, subsidies, Sweden, transport

Yamal-Europe gas pipeline shows how EU competition rules backfire during a shortage

January 11, 2022 by Andrei Belyi

Europe’s gas deficit has concentrated minds on the Yamal-Europe gas pipeline which runs from Russia to Germany via Belarus and Poland, built in the 1990s. Andrei Belyi at the University of Eastern Finland explains how the rules for booking capacity worked well during times when gas was in plentiful supply, but now works against Europe’s gas security since the shortages emerged in September. The rules are designed to maximise competition between … [Read more...]

Filed Under: Energy, Oil, Gas & Coal Tagged With: competition, EU, gas, Gazprom, imports, LNG, markets, Norway, Russia, security, spot, Yamal

Will this be the decade of Carbon Capture or another false start?

December 10, 2021 by Samantha McCulloch

Ten years ago there was a major drive to get carbon capture off the ground. But only 30% of the earmarked $8.5bn worldwide was ever spent. Spending timescales were too short, deadlines were missed, projects were too focussed and too complex, and long-term liability was poorly understood and managed. This time it can be different, says Samantha McCulloch at the IEA who compares that faltering history with the plans now being put in place. New … [Read more...]

Filed Under: Carbon Capture, Energy Tagged With: AirProducts, australia, Canada, CarbonPrice, CCS, CCUS, CDR, Denmark, Europe, industry, investment, Microsoft, Netherlands, Norway, transportation, UK, UnitedAirlines, US

Will Norway’s new government consider phasing out oil and gas?

September 28, 2021 by Silje Lundberg

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...]

Filed Under: Energy, Oil, Gas & Coal Tagged With: exploration, exports, gas, Norway, oil, production, transition

Europe’s Carbon Capture pipeline: 40+ projects. But where’s the policy support and market creation?

June 22, 2021 by Lee Beck

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...]

Filed Under: Carbon Capture, Energy Tagged With: CCS, CCUS, Netherlands, NorthernLights, Norway, policy, Porthos, TEN-E, UK

NW Europe’s Hydrogen targets: ambition must match reality

June 10, 2021 by IEA

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...]

Filed Under: Energy, Hydrogen Tagged With: Belgium, capacity, CCS, Denmark, France, Germany, hydrogen, infrastructure, markets, Netherlands, Norway, UK, wind

Norway an EV role model? Their pathway is expensive and paid for with oil & gas exports

June 4, 2021 by Schalk Cloete

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...]

Filed Under: Energy, Transport and energy Tagged With: BehaviourChange, BEV, emissions, EVs, gas, HEV, incentives, Norway, oil, PHEV, synfuels, taxes

Germany’s highest court rules climate laws are insufficient, violate rights, unfairly burden future generations

May 7, 2021 by Sören Amelang, Kerstine Appunn, Charlotte Nijhuis and Julian Wettengel

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...]

Filed Under: Energy, Policies Tagged With: Belgium, courts, elections, emissions, France, Germany, Ireland, legislation, Netherlands, New Zealand, Norway, Paris2050, Switzerland, UK

Carbon Capture in Germany: are industry, government and innovators starting to move?

April 16, 2021 by Lee Beck

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...]

Filed Under: Carbon Capture, Energy Tagged With: CCS, CCUS, Germany, HeidelbergCement, industry, innovation, Linde, Netherlands, Norway, US

Norway’s power markets, storage and CCS plans can make it a decarbonisation hub for Europe

September 18, 2020 by Tshin Ilya Chardayre

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...]

Filed Under: Energy, Policies Tagged With: Brexit, CCS, emissions, hydropower, interconnectors, markets, Norway, storage, Transmission

How much subsidy do EVs need to be competitive?

April 7, 2020 by Schalk Cloete

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...]

Filed Under: Energy, Transport and energy Tagged With: batteries, BEV, EVs, HEV, Norway, PHEV, subsidies, taxes, US

How underground CCS works: low leakage risk, 2%

March 16, 2020 by Stephanie Flude and Juan Alcade

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...]

Filed Under: Carbon Capture, Energy Tagged With: Carbfix, CCS, CO2, emissions, gas, Iceland, Norway, oil, Sleipner

Are national fossil fuel car bans compatible with EU laws, intra-trade, movement?

March 12, 2020 by Eoin Bannon

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...]

Filed Under: Energy, Transport and energy Tagged With: CO2, Denmark, diesel, emissions, EU, EVs, France, gasoline, Germany, Ireland, NL, Norway, petrol, policies, transport

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Recent Posts

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

Concrete: 8% of global emissions and rising. Which innovations can achieve net zero by 2050?

Biofuel is approaching a feedstock crunch. How bad? And what must be done?

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