COP 27 was never expected to have the impact that COP 26 did, and thatâs how it turned out, explain Ben Cahill, Sandeep Pai and Taiya Smith at CSIS. But there are three issues that can have long term positive impacts if carried forward successfully. The first is some good news on methane emissions. The U.S., the EU, Japan and other countries announced an important producer-consumer effort to cut greenhouse gas emissions from traded gas, while … [Read more...]
Chinaâs electricity market design should choose from successes in Europe, UK, Australia, USA
China has made substantial initial progress in its electricity market reform, but it still faces an uphill struggle in promoting the consumption of renewables, resource allocation across provinces and regions, and unlocking demand side potential. To help choose the best solutions China could do well to look at the âHandbook on Electricity Marketsâ, says Daisy Chi at ECECP. The 600-page book looks at the current state of power markets around 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...]
Energy Security: what if the UK government had not âcut the green crapâ from 2013
The UK provides an example of a government that cut back its green ambitions only to see its energy security suffer. In 2013, then-prime minister David Cameron told his ministers to âcut the green crapâ. That led successive governments to downgrade home energy efficiency, requirements for new homes to be âzero carbonâ, end subsidies for onshore wind and solar, and effectively ban onshore wind in England. What if the UK had stayed on its … [Read more...]
Copenhagen will miss its 2025 net-zero target: a case study of how pledges fail
Copenhagen is going to miss its 2025 net-zero target. The reason can be taken as a template for why we may soon see other failing pledges from governments and corporates. Kirstine Lund Christiansen at the University of Copenhagen and Inge-Merete Hougaard at Lund University explain that Copenhagenâs emissions overspill stems from an unrealistic dependence on technology when the promise was first made in 2012. As the target date got closer, other … [Read more...]
Energy security concerns are building momentum for Nuclear
The IEAâs latest report on nuclear power recommends a doubling of capacity by 2050. It emphasises that, though many advanced economies are planning a decline, 32 nations have nuclear today and reactors are now under construction in 19 countries. Itâs evidence of a momentum behind nuclear power that should be further stimulated by recent spikes in oil, gas and electricity prices, says the IEA. Russia and China remain nuclear advocates, which … [Read more...]
EUâs latest sanctions on Russian Oil: what are they and will it work?
On June 3, the EU agreed an embargo on Russian crude oil and petroleum products. Ben Cahill at the Center for Strategic and International Studies looks at the details of the latest sanctions imposed in response to Russia's ongoing invasion of Ukraine, and assesses the possible consequences. The aim is to cut oil imports from Russia by 90 percent by February 2023. A critical part of the sanctions is a ban on providing shipping insurance to Russian … [Read more...]
EU Heat Pumps: warnings against âone size fits allâ policies
The EU is aiming for the installation of 50 million heat pumps by 2030, equating to annual growth of 16%, reaching one third of the total 150 million boiler installations in the bloc. Helen Farrell reviews these ambitious targets and the policies that are driving them, and turns to a report by RAP to identify the weaknesses in the plan and how it can be improved. The main danger is a âone size fits allâ approach. Different countries have … [Read more...]
Russia-Ukraine and Europeâs energy strategy: a snapshot of a fast-moving crisis
Every day brings news of how Europeâs energy policy is reacting to Russiaâs invasion of Ukraine. Itâs a big topic and fast moving. Helen Farrell gives a summary of the situation so far. She lists some of the major U-turns at both EU and national levels, the IEAâs ten-point recommendations, the feasibility and repercussions of cutting Russian fossil imports, the prospects for clean energy (solar, wind, nuclear, storage) and our net zero targets. … [Read more...]
Our Hydrogen future: 27 authors imagine the world in 2030-2050
Hereâs something very different for our readers today, and an opportunity for you to register for our Webinar and Q&A on Wednesday Feb 16th at 09:00 CET (register here). Itâs to mark the book launch of âTouching Hydrogen Futureâ, where 27 energy experts from around the world have written a chapter each. They are fictional accounts of what our world could like in the near future. The countries covered are the Netherlands (2029), Denmark … [Read more...]
Gas crunch causes electricity crisis despite record cheap clean energy. Time to create a âgreen energy poolâ?
In the UK and similar nations, the gas crisis is ballooning electricity prices too. Thatâs because the UK operates a wholesale electricity market where the most expensive power sets the price. As we enter an era where renewables are getting cheaper every year, itâs time to change that model so that consumers see the benefits, argues Michael Grubb at UCL. The design of electricity systems is not keeping up with the revolution in renewable energy. … [Read more...]
Will this be the decade of Carbon Capture or another false start?
Ten years ago there was a major drive to get carbon capture off the ground. But only 30% of the earmarked $8.5bn worldwide was ever spent. Spending timescales were too short, deadlines were missed, projects were too focussed and too complex, and long-term liability was poorly understood and managed. This time it can be different, says Samantha McCulloch at the IEA who compares that faltering history with the plans now being put in place. New … [Read more...]
Net-Zero world: calculating the cost of stranded assets, including wrong-skilled âhuman capitalâ
Most calculations of the costs of stranded assets abandoned and replaced by the net-zero economy have been missing the biggest element: human capital. Itâs not sufficient just to total up the assets and supporting infrastructure for coal, gas, old-style buildings, machines, vehicles, etc., says Dan Chester at Lancaster University and co-author of the paper âStranded Human and Produced Capital in a Net-Zero Transitionâ. Worker output is not only … [Read more...]
Climate change, âwind droughtsâ and the implications for Wind energy
What effect will changing trends in regional wind speeds have on the future of wind energy? Very large, considering that a small change in wind speed has a big effect on the power output of a turbine (itâs related to the cube of the wind speed). Hannah Bloomfield at the University of Bristol first looks at the âwind droughtâ experienced in Europe this year which saw SSE in the UK report a 32% drop in power from its renewable assets. Meanwhile, … [Read more...]
Behaviour Change: strategies and case studies for reaching net-zero by 2050
Technological solutions on their own are unlikely to deliver emissions reductions at the speed and scale required to reach net zero by 2050. Daniel Crow, Insa Handschuch, Gabriel Saive and Leonie Staas at the IEA look at a suite of policy-driven citizen âbehaviour changesâ that should be used to bridge the gap. The impact will be greatest in advanced economies where energy intensity is highest. Meanwhile, in emerging economies the good habits put … [Read more...]
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