India is moving at a rapid pace to adopt a green shift in its power sector, across industry and in transport, aiming to reduce dependence on the black fossil fuelled energy economy, write Simran Talwar and John A. Mathews. But finance remains a problem: many banks are complacent in their lending to fossil fuel projects. Attempts in the international trade arena to curb India’s strategies of building green power industries using the tools of local … [Read more...]
How MEPs misuse energy poverty to water down efficiency legislation
On 28 November, the Industry committee of the European Parliament will deliver a crucial vote on the EU 2030 energy efficiency target. According to ClĂ©mence Hutin, who works for the Climate Justice and Energy Programme of Friends of the Earth Europe, there is cross-party support for an ambitious 40% target, but she warns that two key rapporteurs on the file are no friends of energy efficiency. Both, she says, have incorrectly argued that higher … [Read more...]
Wind, solar costs continue to fall and fossil fuels can’t stop them
The latest update for energy technology costs put together by global investment bank Lazard has been released and shows a growing advantage for wind and solar technologies over fossil fuels such as coal, gas and nuclear, writes Giles Parkinson of Reneweconomy.com. Original post. … [Read more...]
World greenhouse gas levels make unprecedented leap
Global average carbon dioxide concentrations rose by 0.8% during 2016, the largest annual increase ever observed, write researchers Paul Fraser, Paul Krummel and Zoe Loh of Australia’s national science agency CSIRO. Courtesy The Conversation. … [Read more...]
Shell, BP climate disclosures ‘just a marketing tool’, says ShareAction
Two years after BP and Shell shareholders resoundingly passed resolutions requiring the oil majors to factor climate change risks into their corporate strategy and accounting, the two companies are disclosing no more than bare minimum, a new report from a U.K.-based NGO has found. Article by Kyla Mandel of DeSmog. … [Read more...]
German utilities are struggling with digitalization, especially in retail
German utilities claim that they are becoming consumer-centred, service-based organisations, but research from Oliver Wyman shows that in actual fact their market share in the digitalized retail market is very small, writes energy economist Marius Buchmann of Jacobs University in Bremen. But they may still deliver on their promise: they are ready to launch digital attackers. Article courtesy of Buchmann’s blog Enerquire. … [Read more...]
Want energy storage? Here are 22,000 sites for pumped hydro across Australia
Three researchers from Australian National University have conducted a study into the possibility for new pumped hydro storage capacity in Australia – with remarkable results. They have identified more than enough sites to provide all the energy storage Australia needs for an energy system based on renewables. Courtesy The Conversation. … [Read more...]
Exclusive interview: Bertrand Piccard will go around the world again – with 1,000 solutions
Bertrand Piccard, the man who flew around the world in a solar-powered airplane, will be taking another trip around the world. This time he will show governments 1,000 innovations that together will make it possible to reduce energy consumption and greenhouse gas emissions by half. “I want to show that it is possible and profitable for countries to be much more ambitious in their climate policies”, says Piccard, who considers this the second … [Read more...]
Solar power alone won’t solve energy or climate needs
Recent reports that solar capacity will soon exceed nuclear capacity reveal an important fact. They also hide a crucial distinction needed to understand the context of energy production, and use and consequences of choices among supply options for the future, writes Jatin Nathwani of the University of Waterloo. Courtesy The Conversation. … [Read more...]
Chinese slowdown may end nuclear’s last hope for growth
This year has been catastrophic for nuclear power, and just when it seemed the situation couldn't get any worse for the industry, it did, writes Jim Green, editor of Nuclear Monitor: there are clear signs of a nuclear slow-down in China, the only country with a large nuclear new-build program. According to Green, if this program stalls, nuclear power looks headed for an irreversible decline. Courtesy Nuclear Monitor. … [Read more...]
The Clean Growth Strategy puts faith in energy efficiency – here’s how to do it
The UK government’s new Clean Growth Strategy gives quite a lot of priority to energy efficiency. That’s good news, write Jan Rosenow and Richard Cowart of the Regulatory Assistance Project (RAP). What’s needed next is to develop the policies that actually deliver the goods. This can be done by following the principle of Efficiency First. … [Read more...]
Underestimating the contribution of solar PV risks damaging policy making
The continuing lack of realism in projections for solar PV - by the IEA and others - risks damaging policy making by misdirecting effort in developing low carbon technologies, writes climate change economist Adam Whitmore. … [Read more...]
European business angels are rediscovering cleantech
Private investors often lack knowledge about the latest trends in cleantech, says Candace Johnson, president of the European Business Angel Network (EBAN) in an interview with Energy Post. But they are catching up quickly. EBAN has started a partnership with sustainable energy accelerator InnoEnergy to learn more about what is happening in the cleantech sector. “Business angels have more patience than venture capitalists”, notes Johnson. “We … [Read more...]
Britain’s switch to low-carbon energy could give a £21 billion boost to the economy
The UK’s transition to a low-carbon economy will lead to new markets being created which could generate up to ÂŁ21 billion in value annually for utilities, according to new research from Stephen Hall of the University of Leeds and Jeffrey Hardy of Imperial College London. Their research, which focuses on the effects of energy policy on the creation of new markets, can help companies plan for the future. Courtesy The Conversation. … [Read more...]
The spectacular success of the German Energiewende- and what needs to be done next
While a government is being formed in Berlin, which will have important implications for the future of the Energiewende, author and scholar Professor John Mathews of Macquarie University in Australia, looks back on what Germany has achieved so far with its unique energy policy and concludes that it has been a spectacular success, whatever its detractors may say. But he also has some advice to offer: the German government, he writes, should be … [Read more...]
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