Energy Post

Daily reports on the European and Global energy transition

EIB cleans up its energy lending policy

by

The European Investment Bank (EIB) intends to place stricter CO2 emission standards on coal power plants that it finances, but not as strict as the standards president Obama recently proposed in the US. The EIB is also considering investing in shale gas projects, according to a draft of its new energy lending policy. NGOs accuse the EIB of a “missed opportunity to politically reject coal”. With the EBRD and World Bank also mulling new investment … [Read more...]

Europe’s unresolved energy versus climate policy dilemma

by

The creation of a pan-European energy market is being undermined by member states’ reluctance to align their national renewable energy policies, or to rely on their neighbours for back-up capacity, writes David Buchan, Senior Research Fellow of the Oxford Institute for Energy Studies. According to Buchan, “the Commission now has to take a very strong stand if it is to regain control over the forces of disintegration that it failed to anticipate … [Read more...]

The President’s Climate Action Plan: it sounds very European

by

President Obama on Tuesday presented a “new climate action plan”. Most if it could have come straight from Brussels. But there are some differences with the European approach. The US is not going to back out of fossil fuels and nuclear power. And it pays serious attention at last to mitigation and adaptation. Photo: 350.org … [Read more...]

The President’s Climate Action Plan: sounds very European

by

President Obama on Tuesday presented a “new climate action plan”. Most of it could have come straight from Brussels. But there are some differences with the European approach. The US is not going to back out of fossil fuels and nuclear power. And it pays serious attention at last to mitigation and adaptation. Photo: 350.org … [Read more...]

Two decades behind schedule, we need to re-think the single energy market

by

The EU has made progress in integrating its markets, but there is still a long way to go, argues Jorge Vasconcelos, founder of the Council of European Energy Regulators and Member of the Energy Roadmap 2050 ad hoc Advisory Group. Europe needs a reinvented energy market and technological developments can help that to happen. “Strong wind and sunshine can literally blow conventional electricity markets to pieces if high penetration rates of wind … [Read more...]

How to profit from rising energy prices in Russia

by

Russia offers great potential for European companies to invest in energy efficiency, renewable energy and electricity production, writes Alexander Gusev of the German Institute for International and Security Affairs (Stiftung Wissenschaft und Politik). Rising prices in Russia stimulate energy-saving programs by companies and increase the populatiry of decentralized generation. But major problems, such as an incomplete legal basis and bureaucracy, … [Read more...]

Energy Post Reviews (I)

by

In this space we will regularly review new publications – to keep you abreast of what is going in energy markets – and hopefully save you some time. This first installment of our Review Service discusses four recent reports that deal with the manifold problems in the (European) electricity sector. They even offer some advice – but not much. Photo: azza bazoo … [Read more...]

How to compete with China in renewables

by

Professor John Mathews of LUISS Guido Carli University, Rome, argues that, ultimately, there is only one effective response to the serious competitive threat posed by China’s strong support for renewables — and that is equally strong support for innovation and market expansion by Western countries. Photo: Solar hot water in Beijing (Photo: Popolon) … [Read more...]