The EU still leads the world in clean energy technologies, but for how long? In 2012, 70% of new wind power capacity and 40% of new photovoltaic panels were installed outside Europe. Brussels has shied away from new national renewables targets in its 2030 climate and energy proposals. It is preparing fresh rules on state aid that will disadvantage less mature technologies such as offshore wind and solar PV. And the EU internal energy market … [Read more...]
Interview IEA Director Maria van der Hoeven: “Expansion of gas use no panacea for climate change”
Maria van der Hoeven, Executive Director of the International Energy Agency (IEA) believes that unconventional gas can be produced in an environmentally acceptable way, but warns that an expansion of gas alone “is no panacea for climate change”. In an interview with James Stafford, editor of Oilprice.com, Van der Hoeven discusses a wide range of important energy issues, ranging from the role of gas, renewables and nuclear power to the necessity … [Read more...]
India’s quest for energy: nuclear power & other greener options
India has been among the world's fastest growing economies for the past two decades. The country continues to lead not only in growth but also in energy demand growth. India wants to meet its growing energy demands first of all through expanding its nuclear sector and secondly by the development of other “greener” options. Ritwik Mukherjee, editor of the Indian energy journal Energy Ensemble, discusses the challenges faced by India and the … [Read more...]
The four “gamechangers” of the energy sector
Are we headed for a Solar Power Revolution, as many investment analysts are claiming? According to Energy Post editor Karel Beckman, we undoubtedly are. Just as we are headed for a Coal Revolution. And a Nuclear Revolution. And a Shale Revolution. Welcome to the world of energy “gamechangers”. … [Read more...]
Interview: David Walker, CEO DNV GL-Energy : “Renewable industry should drive down costs”
Renewable energy has the future, but the industry has to do all it can to drive down costs. Technologies like offshore wind and energy storage, but also smaller scale renewables, are still “quite expensive”, says David Walker, CEO of DNV GL-Energy, one of the four business units of DNV GL, the new certification and consultancy giant that emerged last year out of the merger between DNV of Norway, GL of Germany and KEMA of the Netherlands. Walker, … [Read more...]
European Parliament votes for three targets, calls Commission short-sighted
MEPs called on Wednesday for a 40% cut in CO2 emissions, a 30% target for renewable energy and a 40% target for energy efficiency by 2030, under the EU's new long-term climate-change policy. These targets should be binding, they say. MEPs also criticised the European Commission's recent proposals as short-sighted and unambitious. Parliament calls on the Commission and EU countries, in its resolution adopted on Wednesday by 341 votes to 263, … [Read more...]
Masdar, Abu Dhabi and the future of our global energy system
Abu Dhabi likes to see itself as a global capital of renewable energy – but its ventures into sustainability are built on oil riches, which the country is not prepared to give up. Hypocritical? Perhaps, but it’s a hypocrisy shared by the rest of the world. Most countries and companies are pursuing an energy transformation which at the same time they are kicking down the road. And yet, writes Energy Post editor Karel Beckman in a reflective essay … [Read more...]
How to integrate PV into the grid
The Europe-wide PV GRID consortium has released a consultation document containing key recommendations for the adoption of technical solutions to ease the integration of photovoltaics (PV) into the distribution grid. Over the next three months, fifteen national workshops will take place throughout Europe presenting and discussing the project's findings. Since May 2012, the PV GRID project consortium has been working on identifying and … [Read more...]
M&A activity in renewables keeps growing
M&A activity in the global power and renewables sectors is expected to pick up this year, after the value of deals fell by 10 percent in 2013, according to a new research report from PriceWaterhouseCoopers. Total worldwide power and renewables 2013 deal value was down 10% year on year, reported PWC. But the Asia Pacific region and the renewables sector bucked the trend. Renewables deal value rose 25% the value of Asia Pacific deals was up … [Read more...]
Brussels confines climate policy to emission reduction and emission trading
The European Commission’s 2030 climate and energy package unveiled on 22January confines itself to two main proposals: a 40% binding greenhouse gas emission reduction target and legislative reform of the EU Emission Trading Scheme. Significantly, it does not include post-2020 national renewable energy targets or new energy efficiency targets. It also drops the fuel quality directive which underpins the use of biofuels in the transport sector. The … [Read more...]
Brussels: ocean energy could fulfill all our energy needs
The European Commission published an ambitious  Action Plan for “Blue Energy” on 20 January that should pave the way to a vibrant European ocean energy industry. Ocean Energy Europe, a consortium that includes Eon, Alstom and EDF, takes tidal and wave energy very seriously. It has a goal of 100,000 MW installed in European waters by 2050. … [Read more...]
The French disconnection – How to reduce the nuclear share in France’s energy mix
In a paper  written for the Oxford Institute for Energy Studies, David Buchan takes stock of the debate that has been going on in France on the future of nuclear power. He concludes that it makes sense for France to prolong the lives of its existing reactors, but that replacing them at some point in the future will be a huge challenge. He argues that the country will not be able to do this in the same way and the same timeframe that it built … [Read more...]
Irena and Abu Dhabi invest in renewable energy projects
The International Renewable Energy Agency (IRENA) and the Abu Dhabi Fund for Development (ADFD) have announced approximately $41 million in concessional loans for renewable energy projects in developing countries. The financed projects have a combined total capacity of 35 MW and will bring reliable and sustainable power to rural communities that are currently lacking access to modern energy services. The loans go to a geographically diverse set … [Read more...]
Global clean energy investment falls for second consecutive year
Clean Energy Pipeline, the online daily financial news and data service dedicated to the clean energy sector, on 16 January released its preliminary analysis of venture capital, private equity, project finance, mergers and acquisitions and public markets activity during 4Q13 and 2013. New investment in the global clean energy sector totalled $58.2 billion in 4Q13, a 15% increase on the $50.7 billion invested in 3Q13 but a 21% decrease on the … [Read more...]
BP: “Optimistic for the world’s energy future”
The good news from the BP Energy Outlook 2035, presented on 15 January, is that there will be no problem meeting the world’s energy demand over the next two decades. When it comes to availability of energy, “there is no problem”, said BP’s Group Chief Economist Christof RĂĽhl at the presentation of the report in London. BP’s CEO Bob Dudley said BP is “optimistic for the world’s energy future”. The fourth edition of BP’s annual  Energy Outlook … [Read more...]
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