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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 Current geopolitical tensions are added to climate mitigation and an outdated power plant fleet as the main drivers of change at the EU and national levels.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

  • Make Hydrogen in developing nations: share prosperity while meeting our climate goals by Dolf Gielen | posted on January 26, 2023
  • 10 Carbon Capture methods compared: costs, scalability, permanence, cleanness by Ella Adlen | posted on November 11, 2019
  • Can new cheap, frequent “laser” monitoring of critical components extend Nuclear plant lifetimes by decades? by David Chandler | posted on February 1, 2023
  • Wind and Solar generated record 20% of EU electricity in 2022. More than gas, nuclear, hydro, coal by Daisy Dunne | posted on February 3, 2023
  • The U.S. should support the EU’s Carbon Border Adjustment Mechanism (CBAM) by Joseph Majkut | posted on January 30, 2023
  • Micro-nuclear reactors: up to 20MW, portable, safer by Christina Nunez | posted on April 22, 2021
  • Utah: 140MW Geothermal bid can beat the cost and performance of the proposed Nuclear SMR by Dennis Wamsted | posted on January 27, 2023
  • 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
  • Biofuel is approaching a feedstock crunch. How bad? And what must be done? by IEA | posted on January 23, 2023
  • EU ETS and CBAM: what the big update to emissions trading rules means for Europe’s key sectors by Simon Göss | posted on January 16, 2023
  • Can Aluminium-air batteries outperform Li-ion for EVs? by Helena Uhde | posted on September 8, 2021
  • Steel decarbonisation: Australia must stop making excuses and follow Europe’s lead by Simon Nicholas | posted on February 2, 2023
  • What’s best for Hydrogen transport: ammonia, liquid hydrogen, LOHC or pipelines? by Herib Blanco | posted on May 5, 2022
  • Wind (and Solar) need their own Financial Transmission Rights to hedge their unique congestion risks by James Kim | posted on January 31, 2023
  • Gravity Batteries: any nation can do it at scale using rocks by Simon Read | posted on July 27, 2022
  • Hydrogen production in 2050: how much water will 74EJ need? by Herib Blanco | posted on July 22, 2021
  • Concrete: 8% of global emissions and rising. Which innovations can achieve net zero by 2050? by Ben Skinner | posted on January 24, 2023
  • Why hydrogen fuel cell cars are not competitive — from a hydrogen fuel cell expert by Zachary Shahan | posted on June 17, 2016
  • Smart Glasses: experts can monitor and advise on power plant inspections anywhere in the world by Christoph Gatzen | posted on January 25, 2023
  • The 10 big problems with simply replacing fossil cars with electric by Schalk Cloete | posted on December 6, 2021

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  • Wind and Solar generated record 20% of EU electricity in 2022. More than gas, nuclear, hydro, coal
  • Steel decarbonisation: Australia must stop making excuses and follow Europe’s lead
  • Can new cheap, frequent “laser” monitoring of critical components extend Nuclear plant lifetimes by decades?
  • Wind (and Solar) need their own Financial Transmission Rights to hedge their unique congestion risks
  • The U.S. should support the EU’s Carbon Border Adjustment Mechanism (CBAM)
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        Recent Posts

        Wind and Solar generated record 20% of EU electricity in 2022. More than gas, nuclear, hydro, coal

        Steel decarbonisation: Australia must stop making excuses and follow Europe’s lead

        Can new cheap, frequent “laser” monitoring of critical components extend Nuclear plant lifetimes by decades?

        Wind (and Solar) need their own Financial Transmission Rights to hedge their unique congestion risks

        The U.S. should support the EU’s Carbon Border Adjustment Mechanism (CBAM)

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