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EU Energy Outlook to 2060: how will power prices and revenues develop for wind, solar, gas, hydrogen + more

December 6, 2022 by Alex Schmitt and Huangluolun Zhou

Alex Schmitt and Huangluolun Zhou at Energy Brainpool present a summary of their “EU Energy Outlook 2060”. Its scenarios map out how the European (EU 27, UK, Switzerland and Norway) energy system will change dramatically in the coming decades. Current geopolitical tensions are added to climate mitigation and an outdated power plant fleet as the main drivers of change at the EU and national levels. The in-depth modelling is trying to answer the … [Read more...]

Filed Under: Energy, Hydrogen, Oil, Gas & Coal, Renewables Tagged With: buildings, coal, demand, electricity, EU, gas, hydrogen, industry, Nuclear, outlook, prices, renewables, Russia, solar, transport, Ukraine, volatility, wind

Renewable Ammonia’s role in reducing dependence on Gas

May 19, 2022 by Dolf Gielen, Francisco Boshell, Gabriel Castellanos, Kevin Rouwenhorst and Trevor Brown

Today, IRENA and the Ammonia Energy Association (AEA) released its “Innovation Outlook Renewable Ammonia” which updates in detail the current state and prospects for green ammonia as an energy carrier. Here, Dolf Gielen, Francisco Boshell and Gabriel Castellanos at IRENA and Kevin Rouwenhorst and Trevor Brown at the AEA summarise the findings. Worldwide ammonia production, though fossil-based, is already at-scale as a feedstock for fertiliser. So … [Read more...]

Filed Under: Energy, Hydrogen Tagged With: ammonia, electricity, fertiliser, gas, hydrogen, liquefied, outlook, power, renewables, shipping

Europe must simultaneously replace Russia’s fossil exports and accelerate its clean energy deployment

April 28, 2022 by Dolf Gielen, Ricardo Gorini, Luis Janeiro and Seán Collins

The Ukraine crisis has had an immediate impact on Europe’s strategy for energy supply security. And this week’s sudden halting of gas supplies by Russia to Poland and Bulgaria only emphasises the urgency. Dolf Gielen, Ricardo Gorini, Luis Janeiro and Seán Collins at IRENA look at the best options, basing their findings on their latest “World Energy Transitions Outlook”, published in March, that lays out a routemap for the next eight years for … [Read more...]

Filed Under: Energy, Energy Outlooks, Oil, Gas & Coal, Renewables Tagged With: ammonia, biogas, Bulgaria, coal, EU, Europe, gas, hydrogen, imports, Netherlands, oil, outlook, Poland, renewables, Russia, solar, Ukraine, wind

U.S. EIA Annual Energy Outlook 2022 reveals no reduction in emissions to 2050

April 4, 2022 by Sandra Sattler

The U.S. Department of Energy’s Energy Information Administration (EIA) has released its influential 2022 “Annual Energy Outlook” (AEO2022) which projects the electricity mix over the next 30 years. (The modelling takes policies and global conditions as they were in November 2021, so the current Russia-Ukraine crisis is not accounted for, nor any future unforeseeable shocks, and assumes no new policies to 2050). Sandra Sattler at the Union of … [Read more...]

Filed Under: Energy, Energy Outlooks Tagged With: AEO2022, demand, EIA, electricity, emissions, gas, oil, outlook, renewables, US

BP Outlook 2020: “peak oil” has already happened

September 21, 2020 by Simon Evans

BP’s latest Outlook predicts – for the first time - that oil saw its peak in 2019. In each of BP’s Outlooks, published annually since 2011, they have revised their predictions for the global energy landscape to 2050 as new data comes in. The growth of clean energy and the changing shape of climate policies have seen each successive forecast increase the share of renewables at the expense of fossil fuels. This year even gas has seen its prospects … [Read more...]

Filed Under: Energy, Energy Outlooks, Policies Tagged With: BehaviourChange, BP, coal, Covid, emissions, gas, hydro, Nuclear, oil, outlook, renewables

IRENA’s Global Renewables Outlook and how Europe can lead the way

May 1, 2020 by Gayathri Prakash, Nicholas Wagner and Ricardo Gorini

If the coronavirus slump has knocked everything off track IRENA’s first ever Global Renewables Outlook is a timely reminder of what that track should look like. It can help policymakers design stimuli packages that will get us back onto it, and even accelerate the transition. IRENA’s Gayathri Prakash, Nicholas Wagner and Ricardo Gorini run through the comprehensive report’s main recommendations. Annual investment, shares and GW targets to 2030 … [Read more...]

Filed Under: Energy, Energy Outlooks, Investment, Policies Tagged With: aviation, buildings, Coronavirus, efficiency, electricity, EVs, hydrogen, industry, mobility, outlook, power, renewables, shipping, solar, transport, wind

Most read this week

  • Sodium-ion batteries ready for commercialisation: for grids, homes, even compact EVs by Carlos Ruiz | posted on September 11, 2023
  • Germany plans for Carbon Capture in Industry: emissions, potentials, costs by Simon Göss | posted on September 15, 2023
  • U.S. Inflation Reduction Act: one year on, a summary of impressive progress in the energy transition by Hannah Perkins | posted on September 19, 2023
  • 10 Carbon Capture methods compared: costs, scalability, permanence, cleanness by Ella Adlen | posted on November 11, 2019
  • Though the price shocks hurt, Renewables installed between 2021-23 saved Europe €100bn by Joe Myers | posted on September 18, 2023
  • The final hurdle for 100% Sustainable Aviation Fuel? Turning Lignin biomass into the “aromatic” component by Nancy Stauffer | posted on September 13, 2023
  • Spain: as Renewables rise, managing supply and demand is the next challenge by Claudia Alemañy Castilla | posted on September 12, 2023
  • Rooftop Solar: will subsidies benefit wealthy early adopters, while grid limits lock out the latecomers? by Juan Jose Cuenca Silva | posted on September 14, 2023
  • Micro-nuclear reactors: up to 20MW, portable, safer by Christina Nunez | posted on April 22, 2021
  • Understanding the new EU ETS (Part 2): Buildings, Road Transport, Fuels. And how the revenues will be spent by Simon Göss | posted on February 6, 2023
  • What if Exxon had acted on its 1970s climate forecast? No climate crisis, cheap energy, Exxon the unrivalled top global energy firm by John Grant | posted on February 7, 2023
  • Europe’s grid bottlenecks are delaying its energy transition by Eurelectric | posted on September 6, 2023
  • Farming Algae for Carbon Capture: new research cuts “fouling.” Scale-up in 3 years? by David Chandler | posted on June 21, 2023
  • The 10 big problems with simply replacing fossil cars with electric by Schalk Cloete | posted on December 6, 2021
  • Oil & Gas business is fatally flawed: Russia-Ukraine only delayed the relentless decline in prices by Clark Williams-Derry | posted on September 21, 2023
  • Can Aluminium-air batteries outperform Li-ion for EVs? by Helena Uhde | posted on September 8, 2021
  • What’s best for Hydrogen transport: ammonia, liquid hydrogen, LOHC or pipelines? by Herib Blanco | posted on May 5, 2022
  • EU Energy Outlook to 2060: how will power prices and revenues develop for wind, solar, gas, hydrogen + more by Alex Schmitt | posted on December 6, 2022
  • Space-Based Solar Power: getting closer as SpaceX and Blue Origin bring down the cost of heavy-lift launches? by Matteo Ceriotti | posted on September 20, 2023
  • Carbon Capture: how all Germany’s captured CO2 can be used by the Chemical industry by Simon Göss | posted on September 5, 2023

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  • Oil & Gas business is fatally flawed: Russia-Ukraine only delayed the relentless decline in prices
  • Space-Based Solar Power: getting closer as SpaceX and Blue Origin bring down the cost of heavy-lift launches?
  • U.S. Inflation Reduction Act: one year on, a summary of impressive progress in the energy transition
  • Though the price shocks hurt, Renewables installed between 2021-23 saved Europe €100bn
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      Recent Posts

      Oil & Gas business is fatally flawed: Russia-Ukraine only delayed the relentless decline in prices

      Space-Based Solar Power: getting closer as SpaceX and Blue Origin bring down the cost of heavy-lift launches?

      U.S. Inflation Reduction Act: one year on, a summary of impressive progress in the energy transition

      Though the price shocks hurt, Renewables installed between 2021-23 saved Europe €100bn

      Germany plans for Carbon Capture in Industry: emissions, potentials, costs

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