With adversity comes opportunity. The global gas crunch has hurt countries around the world but has also made them appreciate their common concerns. That has provoked policy-makers to take a serious look at current and future energy security policies. In the EU the competitive gas markets, enabled by short-term spot markets, has reminded us of the value of long-term contracts when prices are volatile and rising. Meanwhile, Chinaâs … [Read more...]
UNEP 2021 Emissions Gap report: only 11 countries have net-zero targets enshrined in law
Zeke Hausfather at Carbon Brief summarises the UNEP 2021 Emissions Gap report, released last week. It explores the impact of the net-zero emissions pledges of nations, and the âgapâ between them and the Paris targets. As COP26 gets started, 136 countries either have some form of commitment to a net-zero target or are considering it. Of those, 49 plus the EU have a firm net-zero commitment. But only 11 countries have targets enshrined in law. … [Read more...]
Only Carbon Removal can make Germanyâs new climate goal a reality
Germany canât hit its emissions targets without significant carbon dioxide removal (CRD), explain Simon Göss and Hendrik Schuldt at cr.hub. Clean energy and energy efficiency wonât do it alone. Policymakers have grasped that hard-to-abate sectors (industry, agriculture, buildings, transport) will struggle to deliver the reductions needed. Meanwhile, the climate disasters (floods, wildfires, etc.) that have cost lives this year are piling on … [Read more...]
Where to build new Wind Turbines in Germany? Lowest cost vs residents and nature
Germany was a wind energy leader. But by 2019 it was only ranked sixth globally for newly installed capacity per year. Antje Nieber and Paul Lehmann at the University of Leipzig explain why. At its heart is a conflict of priorities: lowest cost versus the interests of residents and nature, being played out at the national and federal levels. The switch from feed-in tariff support to lowest-cost tenders stalled a lot of wind projects. Lawsuits and … [Read more...]
The standard models overestimate the cost of the low carbon transition
Why have forecasts for new low-carbon energy consistently underestimated their cost reductions? The IEA has, famously, repeatedly had to raise its estimates for solarâs contribution every year since 2009, and now describes it as the âcheapest electricity in historyâ. Writing for Carbon Brief, Alexandra Poncia at Arup and Paul Drummond and Michael Grubb at University College London explain that standard models focus on âtechnology-pushâ policies, … [Read more...]
Weâre making much more progress decarbonising Electricity than Transport. Why?
In the OECD, since 2000, electricity sector emissions have fallen by 8% while transport emissions have actually increased by 5%. The best performers like the UK recorded drops in both: 40% and 6% respectively. In the U.S. itâs 25% and 0%. Catherine Wolfram at the Haas School of Business asks why transport is still going in the wrong direction, given the power sectorâs progress. She posits three theories. Rich nations are outsourcing … [Read more...]
A pathway for profitable CCS in California
A study from the energy departments of Stanford University, from where Kara Glenwright writes, lays out a pathway for California to capture and store up to 60 Mt (million tonnes) of CO2 a year. 76 site locations have been identified where work could start immediately to store 20 Mt/yr profitably under the existing low carbon rules. But first a raft of clarifications on the laws is needed, showing that the success of CCS doesnât just depend on the … [Read more...]
Which sectors need Hydrogen, which donât: Transport, Heating, Electricity, Storage, Industry?
Which sectors are most suited to hydrogen, and which are not? For the answer, six academics from the UK and the Netherlands - Tom Baxter, Ernst Worrell, Hu Li, Petra de Jongh, Stephen Carr, and Valeska Ting â use their areas of expertise to neatly summarise hydrogenâs pros and cons in Road and Rail, Aviation, Heating, Electricity and Energy Storage, and Heavy Industry. Their general message seems clear: hydrogen is still very expensive, so it can … [Read more...]
Improving cost and performance modelling for energy technologies, old and new
Measuring the performance of an energy technology is key to informing policies and pathways as the transition scales up. But are we measuring all the right things and getting accurate answers? If weâre not, those policies and pathways could end up wrong. Paul Sapin at Imperial College, UK, explains how they are creating a library of data-rich models to greatly improve predictive power for all energy technologies, both existing and emerging. He … [Read more...]
Gas oversupply and clean energyâs rise: now is the time to fast-track gas market reforms
Traditional monopolistic and oligopolistic gas markets artificially keep gas prices high, work against competition and efficiency, and have no place in the modern world, say Jean-Baptiste Dubreuil, Gergely Molnar and Songho Jeon at the IEA. They calculate that gas market reforms in the EU, begun in the mid 1990s, saved the bloc $15bn in 2019. But it typically takes 20 years for such a market to be properly established. The authors explain that … [Read more...]
Hydrogen, CCS, and more: without new clean energy technologies we cannot hit our 2050 emissions targets
The flagship 400-page report, Energy Technology Perspectives 2020, is another salvo from the IEA to concentrate the minds of the world on new technologies and their roll out. Thatâs because transforming electrification and the power sector alone, where most of the progress is happening, will only get us one-third of the way to net-zero emissions by 2050. The IEA has analysed over 800 new technology options. The most important categories â … [Read more...]
The expansion of Europeâs EV charging infrastructure: new rules and incentives needed
In 2021 the Alternative Fuels Infrastructure Directive, which regulates public charging infrastructure, will be revised and updated by the European Commission. Referencing her study, Julia Hildermeier at RAP identifies some of the rules and incentives that will be needed to optimise the expansion of EV charging infrastructure. To start with, she says that EU countries need to define the baseline essential charging network. Such a promise would … [Read more...]
New U.S. climate bill is unprecedented in âambition, concrete details, and urgencyâ
Mark Silberg, Alisa Petersen and Ben Holland at RMI pick out six highlights from a new U.S. climate bill and accompanying report that they describe as unprecedented in âambition, concrete details, and urgencyâ. The Democrat-sponsored âMoving Forward Actâ passed the House at the start of July and now goes to the Senate. Though regional commitments already get the U.S. halfway to meeting the 1.5°C goal, federal action is needed for the rest. … [Read more...]
IEA: Without accelerating clean energy innovations we cannot hit net zero by 2050
The impressive rise of renewables and energy efficiency, alone, will not be sufficient to meet the worldâs 2050 emissions goal, says the IEA in its flagship Clean Energy Innovation report. New technologies, taken all the way through to widespread adoption by the market, must become an essential part of the net zero pathway. The stark warning is that existing policies to decarbonise shipping, trucks, aviation and heavy industry are not nearly … [Read more...]
Europeâs new Hydrogen Strategy: the questions that still need answering
Yesterday saw the launch of the ECâs new Hydrogen Strategy, the focus of our next live online discussion and Q&A. Register now to join us at the event next Wednesday at 12.45 CEST on Zoom to hear direct from the European Commission's Dr. Florian Ermacora, Future Energy System expert Prof. dr. Ad van Wijk, Giulia Branzi - Head of Regulation at event partner SNAM and trading specialist Marcel Steinbach of BDEW. Here, to set the scene, Gökçe … [Read more...]
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