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 “human capital”
Most calculations of the costs of stranded assets abandoned and replaced by the net-zero economy have been missing the biggest element: human capital. It’s 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 “Stranded Human and Produced Capital in a Net-Zero Transition”. Worker output is not only … [Read more...]
Climate change, “wind droughts” 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 (it’s related to the cube of the wind speed). Hannah Bloomfield at the University of Bristol first looks at the “wind drought” 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 “behaviour changes” 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...]
Coal phase-out by 21 nations only accounts for 3.2% of global power. What about the others?
The 21 nations committed to coal phase-out only account for 3.2% of global electricity generation. Three - Belgium, Austria and Sweden – have already done so. The rest hope to by different dates, ranging to 2040. Asia is where the main problem is, and their transition challenges are well known: growing economies, and energy security. Carlos Fernández Alvarez at the IEA spells out their recommendations, and references case studies in Canada, the … [Read more...]
Concern over auto job losses as Europe transitions to EVs
The state premier of Lower Saxony, home of Volkswagen, says he would not tolerate a large-scale reduction in staff at Germany’s largest carmaker. There is talk of axing 30,000 VW jobs nationwide, though messages have been mixed. Benjamin Wehrmann and Sören Amelang at Clean Energy Wire look at the latest news, then summarise the implications of the EV transition for the auto industry across Europe. Highlights include the observation that a Tesla … [Read more...]
Redesigning UK electricity taxes to boost Heat Pump sales
In the UK, consumer prices for electricity are five times more expensive than for gas. It is a disincentive to adopt electric heat pumps. To make things harder, 23% of the electricity price comes from climate and social levies. It’s just 2% for gas. No wonder the UK continues to install about 1.7 million gas boilers a year. Jan Rosenow and Richard Lowes at RAP call for changes that will incentivise customers to buy heat pumps while having a … [Read more...]
Clean transport in Europe: key trends to watch out for
T&E’s quarterly trends series gives a snapshot of the key developments that will define the future of clean transport in Europe. And what Europe does – given it wants to lead this field – should influence what happens worldwide. T&E’s Thomas Earl brings attention to four issues. First, proven progress in this major sector makes it a contender for a significant role in Europe’s new industrial strategy. It ranges from battery and … [Read more...]
Energy-efficient and affordable housing will increase public support for the Green Deal
Energy poverty – the inability to afford basic household energy needs – affects up to one-third of U.S and European households. The energy transition can be part of the solution, says Clare Taylor. Targeted energy-efficient retrofits and newbuilds for low-income households will cut bills and improve living conditions. This will not only cut emissions, but get the beneficiaries behind wider climate change policies like the Green Deals in Europe … [Read more...]
UK: exposing the gap between ambitious climate laws and actual policies
Like many nations, the UK has big gaps between what is actually needed to reach net zero by 2050, what targets and ambitions have actually passed into law, and what policies are actually in place to comply with those laws. The UK’s climate watchdog, the Climate Change Committee (CCC), has issued two reports that measure the UK’s performance and makes recommendations, summarised here by Josh Gabbatiss at Carbon Brief. The first report focuses on … [Read more...]
Buildings Retrofits: inaccurate efficiency ratings are going to waste budget
Buildings renovations are going to be expensive, and complicated to roll out. Accurately predicting how much energy a building actually wastes will make that process easier and cheaper. EPC ratings are used to categorise the energy efficiency of homes. But Freya Wise at The Open University quotes research in Europe, along with her own investigations in the UK, to show that a lot of older buildings waste less energy than the standard estimates are … [Read more...]
Europe’s Carbon Capture pipeline: 40+ projects. But where’s the policy support and market creation?
13 different European countries have announced more than 40 carbon capture projects. Most are yet to become operational, but the commitment from the private sector – ranging from new players to established energy and industry majors – is clear. Now is the time for governments to create for CCUS the kind of policies that accelerated the growth of wind and solar, says Lee Beck at the Clean Air Task Force. Norway and the Netherlands are taking those … [Read more...]
NW Europe’s Hydrogen targets: ambition must match reality
The IEA’s report released earlier this year, “Hydrogen in North-Western Europe: A vision towards 2030”, welcomes the fact that the six countries analysed - Belgium, Denmark, France, Germany, the Netherlands, Norway and the UK – have the ambition to build a hydrogen economy. They are Europe’s major hydrogen producers and consumers, have major ports that already service this sector, have natural gas infrastructure that can be repurposed, and access … [Read more...]
Fit for 55: Does squeeze on gas make coal exit harder? Event summary + video
On May 18, 2021, Energy Post hosted an expert panel with the European Commission, E3G, CERRE and PKEE (the Polish Electricity Association, who also sponsored the discussion). It looked at some of the key EU support mechanisms offered to countries/companies transitioning away from coal, including the EU ETS' Modernisation Fund, the Just Transition Fund and also how State Aid Guidelines (EEAG) contribute. We asked Stefaan Vergote (Senior Advisor … [Read more...]
Germany’s highest court rules climate laws are insufficient, violate rights, unfairly burden future generations
In an unexpected decision widely hailed as historic, Germany's highest court has ruled that the government's climate legislation is insufficient, and lacks detail on emission reduction targets beyond 2030. Sören Amelang, Kerstine Appunn, Charlotte Nijhuis and Julian Wettengel at Clean Energy Wire run through the background and the consequences of the case brought by youth activists and NGOs. Legal experts say the decision “significantly … [Read more...]
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