The demand for renewable electricity in Europe based on Guarantees of Origin (GO) validated by the European EECS standard continued to grow in 2015. The growth is up more than 8% from 2014 and surpassed 340 TWh, reports ECOZH, a Norwegian renewable energy supplier. … [Read more...]
Why it’s so difficult to reduce CO2 emissions
There are a number of factors that make it systematically difficult to reduce CO2 emissions, writes Jilles van den Beukel, a geophysicist and former geoscientist for Shell. He argues that we should not approach the climate problem dogmatically but keep all options on the table, including drastic changes in lifestyle and geoengineering solutions. … [Read more...]
Record increase renewables in Europe, but emissions stay level
2015 saw a record 2.5% increase in renewables generation in Europe, which now makes up 29% of total European electricity supply,reports UK think tank Sandbag. However, as a result of lower output from hydropower and nuclear power stations, the amount of fossil fuel generation barely changed. CO2-emissions from the power sector fell only 0.5% after a 7.5% fall in 2014, but according to Sandbag this year will see a rapid fall again. … [Read more...]
How to stop the fossil fuel industry from wrecking our worldÂ
In spite of the Paris Agreement, the fossil fuel industry is carrying on much as before, writes famous author and activist Bill McKibben, founder of NGO 350.org. This is partly because of the influence Big Oil has, but also because there are no legal grounds – from a climate perspective – on which to stop projects. However, notes McKibben, citizen groups are increasingly resisting projects at the local level. Courtsey Tomdispatch.com. … [Read more...]
60 reasons why oil investors should hang on
The inevitable will occur: supply and demand will cross again and oil prices will recover, writes Dan Doyle of Oilprice.com. Doyle presents an upbeat view of the oil market – from the perspective of the oil industry. He just hopes the recovery will be orderly and not end in a mess. … [Read more...]
Whatever happened to electricity market liberalisation?
In the EU, and the UK in particular, the liberalisation of the electricity market is rapidly being reversed and replaced by old-fashioned command-and-control policies, writes Carlo Stagnaro, Senior Fellow of the Italian free market think tank Istituto Bruno Leoni. One of the main reasons for this reversal are interventionist climate policies. According to Stagnaro, who has a new book out on energy liberalisation, this trend will lead to … [Read more...]
Connect North Sea oil and gas platforms to offshore wind farms to produce green gas
Abandoned oil and gas platforms in the North Sea can be profitably converted into production and storage units that convert electricity from offshore wind farms into hydrogen and synthetic gas. That’s the main finding of a new study carried out by the Dutch Energy Delta Institute (EDI). A positive business case can be made for this application if the gas can be sold to a dedicated niche market for green gas, e.g. the chemical industry or the … [Read more...]
Record clean energy investment despite oil price collapse – but Europe stays behind
Clean energy investment surged in China, Africa, the US, Latin America and India in 2015, driving the world total to its highest ever figure, of $328.9bn, up 4% from 2014 and beating the previous record from 2011 by 3%, according to new figures from Bloomberg New Energy Finance. However, Europe was an exception with the lowest clean energy investment since 2006. In other news the International Renewable Energy Agency (IRENA) published a new … [Read more...]
Interview Christoph Frei, Secretary General World Energy Council: “The key message from Paris: be part of the innovation frontier”
The key message of the Paris Climate Agreement is that the energy sector should be part of the drive towards renewable energy and part of the “innovation frontier”, says Christoph Frei, Secretary-General of the World Energy Council, the largest global network in the energy business, with member committees in over 90 countries. “The long road from Paris is to build on the best technology, to develop and deploy innovation. If you are not on the … [Read more...]
The oil pricequake will doom the global political order
Given the centrality of oil and oil revenues in the global power equation, it is inevitable that depressed oil prices will doom the current global political order, writes Michael T. Klare, a professor of peace and world security studies at Hampshire College. Political turmoil is already raging across the oil heartlands of the planet – and the tremors from the oil pricequake have yet to reach their full magnitude, notes Klare. … [Read more...]
China pushes global renewable capacity beyond 900 GW
China was the world’s leading market across a number of renewable energy technologies in 2015 and helped to drive global renewable installed capacity to an estimated 913.48 Gigawatts (GW), says research and consulting firm GlobalData. … [Read more...]
How realistic is the UK government’s promise to phase out coal?
The conservative UK government boosted its climate credentials last year with its promise that all coal plants will be shut down by 2025. However, notes Mike Parr of consultancy PWR, this ignores certain inconvenient facts that will make delivery of this promise unlikely. … [Read more...]
Gasland EU: upcoming energy security package is all about gas
The European Commission’s first big energy initiative in 2016 will be a “winter package” on energy security, due in February. This will revise EU legislation on security of supply for gas and electricity, propose to give the Commission a greater role in international gas buying deals and set out new strategies for LNG and energy storage, and heating and cooling. Sonja van Renssen explains what’s at stake. … [Read more...]
The End of the Oil Age and other great stories
We reveal our most popular stories of 2015. They reveal what is preoccupying our readers the most. Yes, it’s all about the End of the Age of Oil – and the beginning of something new. … [Read more...]
A presidential campaign speech from 2052
70% of electricity in the US now is generated by renewables, and natural gas from fracking is on the decline, says a presidential hopeful in a campaign speech in 2052. He promises voters that if elected he “will ensure completion of the energy transition”. … [Read more...]
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