Global warming is a slow-motion apocalypse that might end civilization as we know it, writes author Tom Engelhardt of Tomdispatch.com. According to Engelhardt, to prevent such an outcome, “successful negotiations in Paris can only be the start of something far more sweeping when it comes to the forms of energy we use and how we live on this planet” . … [Read more...]
Energiewende is easily affordable – if we don’t go 100% renewable
Researchers from Fraunhofer ISE have published a new report investigating the net cost of Germany’s energy transition. The good news is that the German government’s current goals are likely to be affordable. The bad news is that 100 percent renewable energy is less so, writes Craig Morris of the website German Energy Transition. … [Read more...]
State of the Energy Union: the political work has yet to be done
The European Commission appears to be making a valiant effort at getting the Energy Union’s goals internalised into an institutional process that does not scare off Member States wary of “more Europe”. However, writes Oliver Sartor of the Institute for Sustainable Development and International Relations (IDDRI), the key test for the Energy Union will be how well it can succeed at getting Member States to buy into its objectives. The Energy Union … [Read more...]
Stanford: world can go 100% wind, water, sun by 2050 – and save money
Reneweconomy.com A new analysis from Stanford University has laid out a roadmap for 139 countries to power their economies with solar, wind, and hydro energy by 2050. It says the world can reach 80 per cent WWS (wind, water and sunlight) by 2030 and 100 per cent by 2050 with no impact on economic growth. … [Read more...]
Does the IEA’s new World Energy Outlook miss the global transition?
The energy transition from fossil fuels to renewables will likely be faster than the International Energy Agency predicts in its recent World Energy Outlook, writes Peter Simon Vargha, Chief Economist at Hungarian oil and gas company MOL. According to Vargha, we are at a point when renewables are getting cheaper than fossil fuels in many areas, and that means a whole different game. … [Read more...]
Carbon Tracker: fossil fuel companies risk wasting up to $2.2 trillion in the next decade
Carbon Tracker Initiative (CTI), the NGO that invented the concept of “stranded assets” (or “the carbon bubble”) has today published a new report warning that, as a result of climate policies, “no new coal will be needed, oil demand will peak around 2020 and growth in gas will disappoint industry expectations”. According to CTI, over $2 trillion of new and existing investment is in danger of being wasted over the coming decade if governments and … [Read more...]
Kirill Komarov, First Deputy Chief Rosatom: “The future belongs to fast-neutron reactors with closed fuel-cycle”
"Globally there are no alternatives that can replace nuclear power", but with the growth of renewables, "the demand for very large nuclear reactors will drop". That is the view of Kirill Komarov, First Deputy CEO of the Russian nuclear giant Rosatom. "Fast-neutron reactors with a closed fuel cycle will secure baseload and low and medium capacity reactors will serve balancing needs", says Rosatom's "number two" man in an exclusive wide-ranging … [Read more...]
EU’s first State of the Energy Union report: how it will deliver on climate and energy goals for 2030
The EU’s first-ever “State of the Energy Union” report is determinedly optimistic on progress, but offers little new information and appears to take just a small step towards resolving the biggest challenge of all: uniting national interests around EU priorities. Published by the European Commission on 18 November, the report is accompanied by a whole suite of studies in areas from energy security to climate action. The package sets out … [Read more...]
The future of coal: the long comedown
A new report by a consortium of 14 leading research institutions from Europe, the US, Japan, China, India, and Brazil has investigated future energy sector trends, in part based on the climate plans submitted by countries to the UNFCCC before the Paris climate summit, but also based on other drivers such as economic development and local air pollution. One of the key takeaways: the global coal sector is faced with a bleak future, writes Thomas … [Read more...]
The great oil shake-out: how far will it go?
Low oil prices are shaking up the global oil industry. Will they stay low? For how long? And how low is low anyway? These are some of the crucial questions hanging over the global energy sector. We spoke to three experts and the IEA’s Executive Director Fatih Birol, who put the current market in perspective – and offer a view of the future. Some say we are in a fairly normal cycle. Others see fundamental changes coming.This article was first … [Read more...]
Solar energy costs continue to plunge across the world
(Reneweconomy) Two stunning auction results in India and Chile in the last week have underscored the extraordinary gains that large-scale solar has made against its fossil fuel competitors, writes Giles Parkinson of Reneweconomy.com. Parkinson takes stock of the latest developments in prices for unsubsidised solar energy, based on auctions across the world and comes to pretty spectacular findings. … [Read more...]
The energy ship changes course – IEA Chief “optimistic”
Slowly but surely the global energy oil tanker is changing course. The long journey to a low-carbon energy future has finally gotten underway – and there is no turning back anymore. That’s the central message that can be deduced from the 2015 edition of the World Energy Outlook (WEO), released today by the International Energy Agency (IEA). Fatih Birol, the new Executive Director of the IEA, tells Energy Post he is “more optimistic” for the … [Read more...]
Interview Marko Delimar, IEEE: “Technologists need to demystify energy”
“Right now renewable energy is still in the single digits in Europe. That’s a disaster”, says Marko Delimar, Professor at the University of Zagreb and Chair of the European Public Policy Group of the engineers association IEEE, the largest professional association in the world. According to Delimar, the energy transition is still at a very early stage. Technologists, he says, in an interview with Energy Post, have an important task: “We need to … [Read more...]
The coal conundrum
What do we do with coal? It provides cheap and reliable energy around the world, but is also the main cause of the most serious problem facing the world, writes Allan Hoffman. According to Hoffman, there are no easy answers, but we have no choice but to move to a clean energy society as quickly as possible. … [Read more...]
How cheap can energy storage get? Pretty darn cheap
If current trends hold, the world is on a trajectory to achieving energy storage that will be cheap enough to allow 24/7 clean energy in the next 15-20 years, writes famous author and thinker Ramez Naam. … [Read more...]
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