The results of the European Council’s proposals on energy efficiency are in: they will reduce the current EU energy efficiency target from 1.5% per year to less than half of that. That is, in the most optimistic scenario. In a worst-case scenario, the target could plummet to 0.04%, writes Jan Rosenow of the Regulatory Assistance Project (RAP). According to Rosenow, this will make it nearly impossible for the EU to deliver on "Paris". … [Read more...]
Battery storage is becoming a built-in product feature
Batteries will increasingly be built into power generating systems and other infrastructure, writes John Massey, a UK-based business trainer who gives workshops for energy investors, policymakers and energy companies worldwide. According to Massey, the integration of batteries into products and systems will create an entirely new value chain that will partially come to replace standalone grid-scale and household batteries. … [Read more...]
If we keep subsidizing wind, will the cost of wind energy go down?
The learning rate for wind power is in the range of 7.7%-11%, researchers Eric Williams and Eric Hittinger of Rochester Institute of Technology found. This means the cost should go down from 5.5 cts/kWh today to 4.1-4.5 cts/kWh in 2030, cheaper than conventional power sources. Does this mean we should stop subsidizing wind? Article courtesy The Conversation. … [Read more...]
The perils of falling in love with energy technology
Renewable energy and fossil fuel advocates have one thing in common – an unhealthy tendency to fall in love with a particular energy technology, writes Hal Harvey, founder and CEO of think tank Energy Innovation. Policymakers for their part often fall in love with particular policies. But according to Harvey, what matters is setting ambitious goals, adopting policies that reward performance and let the dynamics of the market work out how to get … [Read more...]
The five key characteristics of the future energy company
Energy markets are in the middle of a revolution, triggered by decarbonisation and innovation. History suggests that this is not a safe place to be, not even for the revolutionaries, but especially not for the ‘old guard’. Stephen Woodhouse and Simon Bradbury of Pöyry Management Consulting investigate the key characteristics necessary for a successful future energy company. (This article was adapted from a new book, Innovation and Disruption at … [Read more...]
Study finds advanced nuclear reactors will have competitive costs
A new study of contemporary nuclear industry cost projections, previously unavailable to the public, provides new insight into a potential path breaking cost trend for the next generation of advanced nuclear plants, writes Dan Yurman, specialized nuclear energy reporter who runs the blog NeutronBytes. … [Read more...]
How electricity will be priced in the future
The rapid transformation of the electricity sector will make it necessary for utilities to adopt radically new pricing methods, writes Fereidoon Sioshansi, publisher of newsletter EEnergy Informer and editor of a new book, Innovation & Disruption at the Grid’s Edge. According to Sioshansi, existing volumetric tariffs will increasingly be replaced by fixed service fees. … [Read more...]
Nuclear and coal lobbies threaten to scupper renewables in South Africa
South Arica’s state utility Eskom is undermining the development of renewable energy in South Africa, writes Professor Hartmut Winkler of the University of Johannesburg. According to Winkler, the country’s coal and nuclear lobbies are behind the opposition to renewables. The struggle is part of a wider political confrontation over control of key parts of the South African economy. Courtesy The Conversation. … [Read more...]
The renewable energy auction revolution
What’s up with record low renewable energy prices? Policy innovation is key to harnessing renewable energy potential, writes Meredith Fowlie, Assistant Professor of Agriculture and Resource Economics at the University of California at Berkeley. Article courtesy Energy Institute Blog, Energy Institute at Haas School of Business. … [Read more...]
Trends in electricity prices in Europe: expect more volatility
Electricity prices in Europe will become volatile, variable renewable energy will grow but will still be supplemented significantly by conventional power plants. These are of some of the main outcomes of the power price scenario EU Energy Outlook 2050, released by Energy Brainpool. One of the major question marks for the power sector will be the development of e-mobility, write Carlos Perez-Linkenheil and Simon Göß. … [Read more...]
Politically charged: do you know where your batteries come from?
People are excited about batteries, from electric cars to Tesla’s 129 megawatt-hour energy storage project in South Australia. But one important issue is often overlooked: the raw materials needed to build this technology – where they come from and their environmental cost. Ben McLellan of Kyoto University takes a closer look at what goes into the lithium-ion battery. Article courtesy The Conversation. … [Read more...]
Legal challenge to Spain’s capacity market payments well-founded
Two Spanish NGO’s have started a court case against Spain’s capacity market scheme, which they say unnecessarily subsidizes operators of large power plants for billions of euros. Gerard Wynn, independent energy consultant, explains why their arguments are well-founded. According to Wynn, Spain’s capacity mechanism violates EU rules and should be scrapped as soon as possible. This article was first published on the blog of the Institute for Energy … [Read more...]
The trillion dollar question: will renewables displace natural gas?
Bloomberg’s renewable energy affiliate forecasts that wind and solar power will make major inroads into the global market share of natural gas within a decade. This is a crucially important question for major oil companies who are betting their future on gas, writes Managing Director of independent US-based consultancy GSW Strategy Group Geoffrey Styles. But according to Styles, it is likelier that coal, not gas, faces the biggest risk from the … [Read more...]
Startup spotters Freerk Bisschop (Rockstart) and Evert Jaap Lugt (Yes!Delft): “Smart meters are already obsolete”
Freerk Bisschop, Director Smart Energy at Rockstart, and Evert Jaap Lugt, Managing Director at Yes!Delft, talk about what they look for in contenders for the New Energy Challenge – and for their own startup programs. They also spotlight some of the trends going on in energy innovation and call on established industry and policymakers to get more involved with startups. “Everything is changing so fast. Things like smart meters are already based on … [Read more...]
The surprising New Energy side of Shell
“With Shell Technology Ventures we position ourselves strategically in many places, so that we can experience first-hand where the energy ecosystem is going, and create options for the future”. An interview with Geert van de Wouw, Managing Director of Shell’s venture capital unit, part of the company’s New Energies division, shows the fascinating new side of the old oil company. Quietly, Shell is getting ready to become a major player in a wide … [Read more...]
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