The US-China Joint Announcement on Climate Change made on 11 November, has been hailed by many as a historic breakthrough in the fight against climate change, but it has also met with quite a bit of scepticism. Robert Wilson, who publishes the blog The Energy Transition on the website of The Energy Collective, argues that the agreement between the two largest economies in the world demonstrates that the world is failing to deal with the threat of … [Read more...]
SunPower: "solar the greatest market opportunity world has seen”
The head of one of the world’s leading solar PV manufacturers and developers, SunPower’s Tom Werner, predicts that solar will be a $US5 trillion industry within 20 years, and represents one of the greatest ever opportunities in the history of markets. Giles Parkinson of Reneweconomy.com reports on a recent investment briefing given by Werner. … [Read more...]
Let’s not forget those fossil fuel subsidies
The IEA’s World Energy Outlook (WEO), published on 12 November, has – not for the first time – put the spotlight on the huge subsidies given worldwide for the use and production of fossil fuels. And these do not include other costs (e.g. the hundreds of billions in US military spending to garrison the Middle East) and externalities caused by our oil, gas and coal use. Sophie Vorrath of RenewEconomy presents the main figures from the WEO. … [Read more...]
What are we to make of the US and China’s "historic" climate deal?
The US-China Joint Announcement on Climate Change made on 11 November, has given rise to a lot of commentary in the media worldwide. In this article, Mat Hope of The Carbon Brief provides an excellent critical overview of some of the most significant analyses. Energy Post chief editor Karel Beckman adds some insights of his own. … [Read more...]
Five take-home messages from the IEA’s World Energy Outlook 2014
Current events risk distracting governments “from recognising and tackling the longer-term signs of stress that are emerging in the energy system” says the International Energy Agency (IEA) in its latest World Energy Outlook (WEO) 2014 unveiled on 12 November in London. Just like a year ago, it warns that long-term oil supplies are far from secure, with the Middle East re-establishing itself as the main supplier in the long-term. Moreover, while … [Read more...]
Maria van der Hoeven, Executive Director IEA: “The energy security challenge has become global”
Not so long ago “energy security was seen primarily as a concern of industrialised countries”, but today “the challenge has become global”, says Executive Director Maria van der Hoeven of the International Energy Agency (IEA) in a recent interview with World Energy Focus, a publication of the World Energy Council. And it extends beyond oil. “With oil we are doing well. But I do worry when we take a broader definition of energy security.” … [Read more...]
Cleantech innovation in Europe: here are the gamechangers of the future
At a “business booster” event in Barcelona, sixty European cleantech startups supported by KIC InnoEnergy, presented themselves to the world. They offered an impressive variety of new technologies and market innovations, ranging from new storage devices and solar chips to energy saving techniques, financing models and consumer engagement platforms. In this article we present to you some of the gamechangers of our future energy system – all made … [Read more...]
Outcome of nuclear talks could make Iran an Energy Superpower – even in renewable energy
An international settlement by November 24 could put Iran on a path to becoming an energy superpower, says Friedbert PflĂĽger, Director European Centre for Energy and Resource Security (EUCERS) at King’s College. And not just in fossil fuels – but even in renewable energy, which Iran now supports with feed-in tariffs and currency guarantees for foreign investors. US Secretary of State John Kerry meets with his counterpart this weekend. … [Read more...]
How to solve the crisis in the EU electricity market
Climate policy and government support of renewable energy are often blamed for the current crisis in the European electricity market. In reality, however, this crisis is caused by changed market fundamentals as well as the inadequacy of the existing market design, argue Andreas RĂĽdinger and Mathilde Mathieu of the Institute for Sustainable Development and International Relations (IDDRI). What is needed is better integration of climate and … [Read more...]
What Slow Food can teach Clean Energy
The food and energy sectors are alike in many ways: security, waste, local production, labelling, environmental impact and access are key issues for both. In each case, there is a movement underway taking a holistic value chain approach to create a more secure, sustainable, affordable system. Sonja van Renssen takes away four lessons from the recently held Slow Food Fair in Turin, Italy for the energy sector. … [Read more...]
South Australia's renewable energy future
South Australia made headlines around the world when it was announced that the state had been powered by 100% renewable energy for an entire working day. Commentators took it as a proof that a fully renewable future is possible. South Australia, writes Jack Baldwin of the South Australian news service The Lead, demonstrates to the world the benefits of renewable energy. According to Baldwin, there are signs the rest of the country will follow, … [Read more...]
The EU's great 2030 energy and climate compromise
European leaders agreed new climate and energy targets for 2030 of “at least” 40% greenhouse gas emission reductions, 27% renewables and 27% energy efficiency at a summit in Brussels on 23 October. Central and Eastern European countries led by Poland succeeded in getting substantial financial concessions in return for signing up to the package. Stakeholder reaction ranged from bitter disappointment among NGOs and energy efficiency advocates to … [Read more...]
Understanding the Polish anti-climate crusade
However much the Polish Government says the EU can’t commit to higher emissions reduction without similar efforts by its other big economies, only naĂŻve western-European negotiators would believe this is the reason for Poland’s anti-climate position. The 2030 climate and energy package will be unwelcome in Poland as long as coal drives our politics, argue Marcin Stoczkiewicz and llona JÄ™drasik of the Polish NGO ClientEarth. … [Read more...]
Brussels gives first glimpse of what it means by “Energy Union”
Career diplomat Maroš Ĺ efÄŤoviÄŤ from Slovakia gave the first glimpse of what the EU's "Energy Union" may look like during his hearing at the European Parliament on Monday night for the post of Europe’s Vice President Energy Union. Ĺ efÄŤoviÄŤ believes in common purchasing of gas and the Southern Corridor (but opposes South Stream), regards the internal market as the backbone of the Energy Union, supports the UK’s state aid to the nuclear power plant … [Read more...]
Cleantech innovation in Europe: the pace is picking up
The pace of innovation in the European energy sector is stepping up. “Energy is no longer seen as a commodity that simply needs to be there. It is perceived as a challenge for which solutions need to be found”, says Elena Bou, Innovation Director of KIC InnoEnergy, a top European company in the field of sustainable energy innovation, in an interview with Energy Post. According to Bou, successful innovation begins with “asking the right … [Read more...]
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