With the most photovoltaic capacity of any country in Europe, Germany has begun to store its excess solar power to enhance local usage. Last year, 41% of all new solar installations were equipped with backup batteries, a world record. Although home storage may only have a limited role to play in Germany due to a highly reliable grid, globally the German initiative could provide great benefits, for example in counterbalancing the predicted … [Read more...]
Oil companies and climate change: their assets are not at risk, their long-term business model is
Global warming has fundamentally changed the business environment for oil companies, writes geophysicist Jilles van den Beukel (ex-Shell). But they will not sink under “stranded assets” or a “carbon bubble”, as some environmentalists claim. Such notions, argues Van den Beukel, are based on a lack of understanding of the value of different types of reserves. It is rather their long-term business model that is at stake. And there is probably not … [Read more...]
Interview Adnan Amin, head of IRENA: “Everything we see is pointing to transformational change”
“Everything we are seeing is pointing to transformational change in the energy sector”, says Adnan Z. Amin, Director-General of the International Renewable Energy Agency (IRENA). “We don’t need a miracle, it’s already happening.” Amin, under whose leadership IRENA has become the world’s fastest-growing intergovernmental organisation with over 170 member countries, says that renewables are growing much faster than most people, including many … [Read more...]
DNV GL sees solar power revolution, acquires Spanish solar monitoring company
DNV GL, one the world largest independent energy consultancies, has strengthened its position in the solar power sector with the acquisition of GreenPowerMonitor, a leading provider of solar monitoring, control and asset management systems. The CEO’s of DNV GL- Energy, Ditlev Engel, and GreenPowerMonitor, Juan Carlos ArĂ©valo, expect the solar market to triple and projects to become ever bigger, they tell Energy Post. With 150 solar experts, the … [Read more...]
Exclusive Francesco Venturini, CEO Enel Green Power: “Europe stuck in confused energy vision”
Europe is last in line for investment these days because it has no long-term energy strategy, says the head of Enel Green Power, Francesco Venturini, in an exclusive interview with Energy Post Weekly from which we bring you this extract (the full interview can be found here). Europe, Venturini says, is “stuck” in a “confused” energy vision “that’s 20 years old” and doesn’t know where it wants to get to. Enel Green Power, one of the largest green … [Read more...]
Brexit offers chance to finally put an end to the EURATOM treaty
All EU Member States are automatically obliged to be part of the EURATOM treaty, which promotes the development of nuclear power throughout the EU. It is high time to put an end to this situation, Â writes Hans-Josef Fell, president of the Energy Watch Group and a former member of the German parliament for the Greens. According to Fell, Brexit will offer a unique chance to dissolve EURATOM: since the UK will have to leave EURATOM as a result of … [Read more...]
Vieuws Video: EU far from meeting Paris climate goals
Sonja van Renssen, energy and environment journalist, is joined by Tom van Ierland, Deputy and Acting Head of Unit C1. Strategy and Economic Assessment DG Climate Action, Jonathan Gaventa, Director, Third Generation Environmentalism (E3G) and EirikWærness, Senior Vice President and Chief Economist, Statoil to debate the question: “Did Paris deliver the low-carbon investment signal Europe needs?”. This highlight video presents the core … [Read more...]
EU carbon market hit by Brexit, but reform carries on
Will the reform of the failing EU Emissions Trading System (ETS) be a casualty of Brexit, now that the UK, one of the biggest carbon markets in the EU, may leave the system? As the EUEnergy App shows, greenhouse gas emissions in Europe have gone down drastically since 1990. But not thanks to the EU ETS. What is more, in the coming years much greater emissions cuts are needed, and the carbon market is expected to deliver these, with or without the … [Read more...]
Interview DNV GL CEO Remi Eriksen: “We see ourselves as data custodian”
According to DNV GL’s new “Technology Outlook 2025”, the watchwords for the next decade are digitalisation and decarbonisation. In an exclusive interview with Energy Post, DNV GL’s Group President & CEO Remi Eriksen and Chief Group Development Officer David Walker explain the company’s ambitions to use its independence and cross-sectorial energy expertise to become a leading data and knowledge hub in the global energy industry. “We see … [Read more...]
The good news: Brexit will enable a fresh start on climate and energy
The bad news is that upcoming climate and energy legislation in the EU will almost certainly be postponed as a result of Brexit, writes Brook Riley of Friends of the Earth Europe. But the good news is that Brexit will provide an opportunity to make it clear to EU citizens that ambitious climate and energy policies are key to a better future. … [Read more...]
“Paris Climate Agreement requires huge economic turnaround in Europe”
The targets agreed to at the Paris climate summit in late 2015 imply a radical change to our economies, a new report by consultancy CE Delft shows. CO2-prices will need to rise to €250/ton in 2050 (compared to some €6 per ton now) and most of the existing industrial installations and infrastructure will need to be replaced. CE Delft compares the scale and impact of the transformation to the one that occurred in Eastern Europe post-1989. … [Read more...]
Energy sector is one of the largest consumers of water in a drought-threatened world
The implications of the global water footprint of energy generation are phenomenal, writes Gary Bilotta of the University of Brighton. He warns that if policy makers fail to take into account the links between energy and water, we may come to a point in many parts of the world where it is water availability that is the main determinant of the energy sources available for use. Courtesy The Conversation. … [Read more...]
“Sustainable energy for all” transforms not only how energy is generated but also how it is perceived
The Paris Climate Agreement and the inclusion of energy in the Millennium Development Goals were two key moments in 2015, writes Marie-JosĂ© Nadeau, Chair of the World Energy Council and member of the Advisory Board of the SE4all initiative of the United Nations, which presented a new five-year strategy in Brussels last week. According to Nadeau, this new strategy has the potential to impact the way energy is perceived across the world, in … [Read more...]
How fast could the market for electric vehicles grow?
Various policy driven scenarios show electric vehicles (EVs) gaining market share over the next few decades but the question is by how much. According to Adam Whitmore, independent energy advisor, there are reasons to assume that annual sales of EVs will account for 7-22% of the vehicle stock by 2030. By 2050 they will account for a majority of light vehicles on the road. … [Read more...]
How to build a wind turbine
In case you thought that building a wind turbine is a fairly simple matter, this video from Siemens USA gives you an idea of what is involved. A lot of concrete, for one thing. We wanted to share this with our readers. We hope you like it. … [Read more...]
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