The IEA and the European Patents Office have, for the first time, reported on patents filed worldwide to get a measure of the innovations weâre seeing in the hydrogen sector, summarised here by Ian Shine. Overall, Europe and Japan are leading. Although the U.S. is a close third, with 20% of the total, their filings have declined compared to the previous decade. The fastest growth is in China (15.2%) and South Korea (12.2%). There has been a … [Read more...]
Understanding the new EU ETS (Part 2): Buildings, Road Transport, Fuels. And how the revenues will be spent
A fortnight ago we published Simon Gössâs explainer of the big changes happening to the EUâs Emissions Trading Scheme (ETS). That article covered the new rules coming in for the existing EU ETS, and the implementation of the new carbon border adjustment mechanism (CBAM). This article explains the introduction of an EU ETS II that extends emissions trading to the buildings sector, road transport and the usage of fuels in other, as of now not … [Read more...]
EU ETS and CBAM: what the big update to emissions trading rules means for Europeâs key sectors
The EUâs Emissions Trading Scheme is a vital part of the regionâs decarbonisation plans. Simon Göss at carboneer digs into the new rules coming in for the existing EU ETS, and the implementation of the new carbon border adjustment mechanism (CBAM). Right now, the existing EU ETS covers around 40% of the EUâs emissions (energy sector, industrial installations and aviation). Its scope is being extended to include maritime transport. On top of that, … [Read more...]
EU Energy Outlook to 2060: how will power prices and revenues develop for wind, solar, gas, hydrogen + more
Alex Schmitt and Huangluolun Zhou at Energy Brainpool present a summary of their âEU Energy Outlook 2060â. Its scenarios map out how the European (EU 27, UK, Switzerland and Norway) energy system will change dramatically in the coming decades. Current geopolitical tensions are added to climate mitigation and an outdated power plant fleet as the main drivers of change at the EU and national levels. The in-depth modelling is trying to answer the … [Read more...]
How European nations are using tax to promote zero-emissions cars
Taxation is an effective way to steer people towards zero-emission cars. But there is wide variation between European countries in how this is done, and therefore the results. Griffin Carpenter at Transport & Environment (T&E) summarises their report âThe good tax guide: A comparison of car taxation in Europeâ that covers seven forms of car taxation across 31 European countries in detail. The ultimate goal should be to create a clear … [Read more...]
Cutting energy usage with Behaviour Change: Covid and Russiaâs war show it can happen fast
Technology alone wonât meet our net zero targets. For the foreseeable future there will always be carbon-intensive assets and hard-to-abate sectors. Only âbehaviour changeâ by citizens worldwide can bridge the gap that technology cannot. And the reduced energy use that it delivers will also lower the targets that the rapid growth of clean energy supply are now chasing. Here the IEA lays out the challenges in its Behavioural Changes tracking … [Read more...]
EVs are on track for net-zero emissions
The IEA says âElectric Vehiclesâ is one category that is on track to meet their Net Zero Emissions by 2050 Scenario. Road transport accounts for 16% of global emissions. Recent years have seen exponential growth in the sale of EVs, together with improved range, wider model availability and increased performance. The IEA estimates that 13% of new cars sold in 2022 will be electric. Most of the progress is taking place in established markets â i.e. … [Read more...]
Aviation emissions: donât wait for CORSIA. Strengthen EU ETS and Fit-for-55
The European Aviation Safety Agency (EASA) has projected growth in flights of 40% between 2018 and 2035. So how do we reduce aviation emissions? The global implementation of the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA)Â remains low. Meanwhile, Europeâs EU ETS has helped reduce the sectorâs emissions by around 17m tonnes of CO2eq per year - but it did not bring a net decrease in emissions. Technological progress … [Read more...]
Hydrogen imports: strict rules can deliver a win-win for Europe and developing nations
### Todayâs article flags up a fascinating panel discussion on the book âTouching Hydrogen Futureâ, as part of the European Hydrogen Week taking place from 24-28 October 2022. This webinar, on Oct 28 at 10:00 CEST, will be blue-sky thinking about the future of the hydrogen economy. Global in scope, it will dive into how a hydrogen-powered future might look in the Netherlands, Greece, Ukraine and Morocco. REGISTER HERE ### The EU is moving … [Read more...]
Industrial Policy: Chinaâs always had it, the U.S. has rediscovered it, the EU now needs it too
Chinaâs performance â both in and outside the energy sector â has always been driven by wide-reaching industrial policy. In the last few decades it has consistently delivered results. Meanwhile, the U.S. has kept shifting up the gears of its pro-U.S. interventionist industrial policy since Donald Trump: though socially right wing, he was a protectionist president whose ambition was to boost domestic industries. Today, president Bidenâs âInflation … [Read more...]
How to turn a 17-minute private jet flight into investment for green aviation
Flights in private jets are 10 times more polluting than commercial flights, according to T&E. Itâs why, this summer, public anger grew over their use by celebrities and rich individuals, following the attention drawn to them by the Twitter account @CelebJets that tracks their use. Kylian Mbappe, Taylor Swift, Kylie Jenner, Elon Musk and many more: sports stars, pop stars, rich entrepreneurs, they were all named along with the very short … [Read more...]
How to ramp up Hydrogen under the new REPowerEU targets
What needs to be done to develop hydrogen as a major fuel in Europe as the continent looks to diversify away from Russian oil and gas supplies? The war in Ukraine has led to the EU substantially raising its hydrogen ambitions. While the earlier âFit for 55â target for 2030 was set at 5.6 Mt, the new REPowerEU strategy has increased the target to 20 Mt, to replace 50 bcm of Russian gas. That means, for example, the use of hydrogen in industrial … [Read more...]
What will an international marketplace for Hydrogen look like?
Though any nation can in theory make its own hydrogen, some will be able to do it much more cheaply than others. Herib Blanco at IRENA summarises their study that looks at the factors that determine the difference, along with the hydrogen transport costs that will influence the global trade that should emerge. By 2050, those transport costs could reach levels below $1/kgH2 once economies of scale are reached and supply chains are fully developed. … [Read more...]
EVs vs Biofuels: new study looks at ethanolâs impact on agricultural land use, food prices, emissions
For transport, biofuels have lower emissions than gasoline/petrol, but EVs will have the lowest emissions of all. Hence the opposition to those biofuels, along with objections to the valuable cropland used to make the ethanol. But the overall advantage depends on the speed of transition to EVs charged with clean electricity. Now, a calculation has been made of the amount of agricultural land preserved for global food production - or kept as … [Read more...]
Event summary: â45% RES by 2030: EUâs latest investment challenge to DSOsâ
Sara Stefanini provides a written summary of our panel discussion held on Thursday June 30th 2022. Itâs a full summary of the 90 minute discussion (including audience questions), but it begins conveniently with a summary of the highlights. Investment in and the modernisation of the electricity distribution grid is one the biggest challenges the EU has to overcome in the next decade. Itâs a âŹ400bn investment challenge by 2050 says Eurelectric, an … [Read more...]
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