Energy Post

Daily reports on the European and Global energy transition

  • Newsletter
  • Search Categories
    • Renewables
    • Policy
    • Oil, Gas & Coal
    • Hydrogen
    • Outlooks
    • Grids
    • Nuclear
    • Markets
    • Transport
    • Videos
  • 24-linkedin 24-twitterfacebook Follow-Us

Utah: 140MW Geothermal bid can beat the cost and performance of the proposed Nuclear SMR

January 27, 2023 by Dennis Wamsted

The U.S. state of Utah is processing an agreement for a new Small Modular Reactor (SMR) to provide baseline and dispatchable power. The SMR bid quotes a price of $89/MWh. But cost overruns will tie the state’s consumers to whatever high prices entail, says Dennis Wamsted at IEEFA. Now a geothermal bid from NV Energy has been presented that offers the same capacity at around $70/MWh. Wamsted explains why the 140MW geothermal project would meet … [Read more...]

Filed Under: Energy, Geothermal, Nuclear Tagged With: baseline, costs, dispatchable, electricity, geothermal, Nuclear, prices, renewables, SMR, UAMPS, US, Utah, variable

What’s stopping even bigger Wind Turbines? Blade speed and flexing? More likely manufacturing and installation capacity

January 18, 2023 by Simon Hogg

Bigger wind turbines make cheaper energy. The sector’s unexpectedly rapid successes in designing and building bigger and bigger turbines has been one of the major success stories of the clean energy sector. In 2023, the biggest turbines in the world will start generating electricity off the coast of the UK. Each of General Electric’s Haliade X turbines stands 260m high from sea level and can generate 13MW at under £50/MWh (€56/$61). But how big … [Read more...]

Filed Under: Energy, Renewables Tagged With: blades, electricity, Haliade, installation, jobs, manufacturing, renewables, skills, turbines, UK, wind

Making Hydrogen will consume 2% of total global renewable capacity growth by 2027

January 17, 2023 by IEA

25 countries plus the EU have announced big ambitions for renewable hydrogen production. But how much renewable energy will be needed to make the H2 over the next five years? Nations are not keen to expend new clean energy generation on (expensive today) hydrogen production when their grids are still not emissions-free. According to the IEA, for 2022-2027, their main case forecasts around 50GW of renewable capacity will be dedicated to hydrogen … [Read more...]

Filed Under: Energy, Hydrogen Tagged With: AsiaPacific, australia, China, EU, hydrogen, IEA, incentives, LatinAmerica Chile, MENA, Oman, production, regulations, renewables, support, US

How to tax renewable energy firms for windfall profits from high wholesale electricity prices

January 9, 2023 by IEA

Should windfall taxes be imposed on renewable energy firms that have benefitted from the current high electricity prices caused by the increases in oil, gas and coal prices triggered by Russia’s invasion of Ukraine? If so, how, and how much? The IEA has conducted a study of the EU to try to uncover who has (and hasn’t) made extraordinary profits, and how much. Up front they say this is difficult to do as the majority of installed renewable … [Read more...]

Filed Under: Energy, Renewables Tagged With: CFD, electricity, Europe, FIP, FIT, Greece, Hungary, hydro, IEA, investment, Italy, profits, renewables, Romania, Russia, solar, spain, taxes, Ukraine, wind, windfall

Corporate targets are forcing suppliers to cut emissions or relocate to clean energy nations

December 20, 2022 by Kwangyin Liu

Emissions targets being imposed by corporates in the U.S. and Europe are forcing manufacturers in other parts of the world to decarbonise, writes Kwangyin Liu at Clean Energy Wire. Here, she looks at how Taiwan’s TSMC – the world’s third largest chip manufacturer – is having to set up factories in Arizona (U.S.) and Kumamoto (Japan) where emissions are lower and thus to comply with requirements set by customers like Apple, Google and Microsoft. … [Read more...]

Filed Under: Energy, Industry, Renewables Tagged With: Apple, emissions, Germany, google, Intel, Japan, manufacturing, Microsoft, renewables, Samsung, semiconductors, sustainability, Taiwan, TSMC, US

Doubling clean energy investments from “natural” redirection of existing spend on infrastructure, buildings, fossils +more

December 19, 2022 by Stephen Peake

Annual investments in clean energy stand at $1.4tn, now greater than investments in fossil fuels ($1tn). But that needs to double by 2030. This steep climb will be made easier by the natural cycle of global investment, as well as the cost-benefits of abandoning fossil fuels for renewables and greater efficiencies, says Stephen Peake at The Open University. Each year, around a quarter of our GDP is anyway spent on new machinery, buildings and … [Read more...]

Filed Under: Energy, Investment Tagged With: buildings, costs, efficiency, Environment, fossils, infrastructure, investment, renewables

Russia, fossil prices, energy security will boost Renewables to 38% of global power mix by 2027, says IEA

December 16, 2022 by Josh Gabbatiss

The IEA has raised its 2027 forecasts for total renewables additions in its main scenario to 2,383GW – around the total power capacity of China. That’s a 28% increase on the previous estimate and up 76% from two years ago, explains Josh Gabbatiss at Carbon Brief who summarises the IEA’s latest forecasts. Globally, solar power will overtake gas by installed capacity in 2026 and coal in 2027. There are two main drivers for this acceleration. High … [Read more...]

Filed Under: Energy, Renewables Tagged With: China, coal, electricity, EnergySecurity, EU, forecast, gas, IEA, India, netzero, power, renewables, Russia, solar, Ukraine, US, wind

How Europe is countering Russia’s weaponisation of energy – CEDE 2022 event summary

December 12, 2022 by Simon Göss

Simon Göss provides a written summary of our two panel discussions held in Brussels on Thursday December 8th 2022. Panel 1 was titled “The Availability and Affordability of Gas and Energy in CEE and EU”, Panel 2 “The War in Ukraine: Security of Critical Energy Infrastructure”. The issues covered include EU policy interventions for countering the Russian weaponisation of energy, cooperation with Ukraine, how far is Europe prepared, spill-over … [Read more...]

Filed Under: Energy, Events, Policies Tagged With: Energy, gas, industry, infrastructure, Nuclear, prices, renewables, Russia, security, storage, Ukraine

China’s electricity market design should choose from successes in Europe, UK, Australia, USA

December 8, 2022 by Daisy Chi

China has made substantial initial progress in its electricity market reform, but it still faces an uphill struggle in promoting the consumption of renewables, resource allocation across provinces and regions, and unlocking demand side potential. To help choose the best solutions China could do well to look at the “Handbook on Electricity Markets”, says Daisy Chi at ECECP. The 600-page book looks at the current state of power markets around the … [Read more...]

Filed Under: Energy, Grids Tagged With: australia, China, demand, electricity, EU, flexibility, grids, markets, prices, renewables, UK, US

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

What was Europe’s dependence on gas prior to Russia’s invasion of Ukraine?

December 2, 2022 by Ewan Thomson

### REGISTER NOW ### for our vitally important 2-panel event “The Energy Crisis and Russian Aggression Against Ukraine – Key Challenges for the Central European Energy Sector”, on Thursday December 8, 13:00 – 17:00 CET (Address: Rue Belliard 40, 1040 Brussels). High-profile confirmed speakers include Kadri Simson, European Commissioner for Energy, EC; Leszek Jesień, Chairman of the Board, CEEP; Jerzy Buzek, MEP and former president of the … [Read more...]

Filed Under: Energy, Oil, Gas & Coal Tagged With: China, efficiency, EU, Europe, gas, HeatPumps, LNG, renewables, Russia, security, storage, Ukraine, winter

EU electricity market reform: completing, not dismantling, the integration is the answer

November 18, 2022 by Leonardo Meeus

Leonardo Meeus at the Florence School of Regulation explains why electricity market reform in the EU must be about completing the process of integration, not unwinding it. He breaks down his argument into five categories – Electricity Markets, Contracts for Difference (CfD) and Power Purchase Agreements (PPA), Capacity Remuneration Mechanisms (CRM), Energy Communities, and Demand-side Flexibility – and with each he defines their purpose, looks at … [Read more...]

Filed Under: Energy, Markets Tagged With: CFD, communities, consumers, CRM, demand, electricity, EU, flexibility, gas, incentives, markets, policies, ppa, prices, reform, renewables, Russia, Ukraine

Russia’s war is accelerating the clean energy transition, says IEA

November 3, 2022 by Simon Evans

The IEA’s World Energy Outlook 2022 is predicting that fossil fuels will peak in the next five years, “thanks to” Russia’s war and the resultant energy crisis. National climate promises are being turned into policies that improve energy security, which mostly means reducing dependence on gas. That means global energy demand growth to 2030 will “almost entirely” be met by renewables. Simon Evans at Carbon Brief takes an in-depth look at the … [Read more...]

Filed Under: Energy, Renewables Tagged With: coal, gas, IEA, investment, NZE2050, oil, renewables, Russia, scenarios, security, solar, STEPS, trilemma, Ukraine, WEO2022, wind

Ukraine’s post-war reconstruction must prioritise Renewables, for energy security and European integration

October 18, 2022 by Joseph Majkut and Allegra Dawes

With Russia using energy as a weapon of war, Ukraine must prioritise domestic renewable generation to help ensure its future energy security, explain Joseph Majkut and Allegra Dawes at the Center for Strategic and International Studies. Ukraine’s reconstruction, which will cost hundreds of billions, must therefore include it in its strategy. Done right, it will also enable greater market integration with the European Union. Ukraine’s energy … [Read more...]

Filed Under: Energy, Renewables Tagged With: EU, integration, investment, reconstruction, renewables, Russia, solar, Ukraine, war, wind

EU Solar has avoided 20bcm of gas imports and saved €29bn

September 26, 2022 by Paweł Czyżak

Solar generation in the EU has avoided the import of 20bcm of gas that would have cost €29bn, explains Paweł Czyżak at Ember, writing for Carbon Brief. The new solar power added since 2021 alone avoided €6bn of gas imports. Record EU solar generation increased by 28% in the summer of 2022, compared with the same period a year earlier. And it’s growing very quickly, with a consistent 15% year-on-year increases in installed solar capacity – from … [Read more...]

Filed Under: Energy, Renewables Tagged With: costs, EU, gas, Germany, imports, Netherlands, Poland, renewables, solar, spain, Ukraine

  • 1
  • 2
  • 3
  • …
  • 69
  • Next Page »

Most read this week

  • 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
  • Gravity Batteries: any nation can do it at scale using rocks by Simon Read | posted on July 27, 2022
  • 10 Carbon Capture methods compared: costs, scalability, permanence, cleanness by Ella Adlen | posted on November 11, 2019
  • Micro-nuclear reactors: up to 20MW, portable, safer by Christina Nunez | posted on April 22, 2021
  • 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
  • Europe needs a Regional Green Bank to fulfil its Green Deal and match the U.S. by Esmeralda Colombo | posted on January 20, 2023
  • Concrete: 8% of global emissions and rising. Which innovations can achieve net zero by 2050? by Ben Skinner | posted on January 24, 2023
  • How to sell Heat Pumps to the public in Europe by Helena Uhde | posted on January 19, 2023
  • Hydrogen production in 2050: how much water will 74EJ need? by Herib Blanco | posted on July 22, 2021
  • Twenty-first century energy wars: how oil and gas are fuelling global conflicts by Michael T. Klare | posted on July 15, 2014
  • What’s stopping even bigger Wind Turbines? Blade speed and flexing? More likely manufacturing and installation capacity by Simon Hogg | posted on January 18, 2023
  • What’s best for Hydrogen transport: ammonia, liquid hydrogen, LOHC or pipelines? by Herib Blanco | posted on May 5, 2022
  • Making Hydrogen will consume 2% of total global renewable capacity growth by 2027 by IEA | posted on January 17, 2023
  • EU energy ministers unable to agree on biofuels policy by Karel Beckman | posted on December 15, 2013
  • 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
  • Make Hydrogen in developing nations: share prosperity while meeting our climate goals by Dolf Gielen | posted on January 26, 2023

Information

  • Advertise
  • Privacy Policy including Cookies
  • Terms and conditions for posting content
  • Comment Policy

More Information

  • About us
  • Authors
  • Contact Us

EZ Fat Footer #2

This is Dynamik Widget Area. You can add content to this area by going to Appearance > Widgets in your WordPress Dashboard and adding new widgets to this area.

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?

Copyright © 2023 Energy Post. All Rights Reserved