The IEA has made available for the first time its CCUS projects database. The number of countries with plans to develop CCUS now stands at 45, with seven more countries - in central and southern Europe, the Middle East, and Southeast Asia – joining the list in 2022. The database covers CO2 capture, transport, storage, and utilisation projects worldwide commissioned since the 1970s, and have an announced capacity of more than 100,000 tonnes/year … [Read more...]
Analysis: U.S. IRA subsidies put two-thirds of Europe’s battery production pipeline at risk
Major battery manufacturing projects earmarked for Europe are now looking to site themselves in the U.S. to take advantage of its IRA subsidies, according to a new report by T&E. It says over two-thirds of lithium-ion battery production planned for Europe – a pipeline potential of 1.8 TWh - is now at risk of being delayed, scaled down or cancelled. The nations most at risk of losing the business are Germany, Hungary, Spain, Italy, the UK and … [Read more...]
Germany is developing a strategy for Carbon Capture and Storage to meet its 2045 net zero target
Germany cannot become carbon neutral by 2045 without carbon capture, explains Simon Göss at carboneer. It’s why the German government is developing a Carbon Management Strategy for CO2 storage and utilisation. Projections reveal that around 30m tons of CO2 will have to be captured, transported, reused or disposed of by 2045. The focus will be on industrial processes and waste. Göss lays out the background to Germany’s strategy, including possible … [Read more...]
European gas prices have fallen sharply since August. What happens next?
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...]
Fossil fuel producers can decarbonise by exporting Electricity, Hydrogen, and Steel
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...]
Do e-bike subsidies lift sales, change habits and cut emissions?
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...]
Yamal-Europe gas pipeline shows how EU competition rules backfire during a shortage
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...]
Will this be the decade of Carbon Capture or another false start?
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...]
Will Norway’s new government consider phasing out oil and gas?
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...]