Bulgaria has become notorious for the failure of many big energy projects in recent years. Yet there is more going on in the Bulgarian energy sector than meets the eye, writes independent energy consultant Valentin Stoyanov. According to Stoyanov, Bulgaria could even become one of Europe’s main energy hubs. The country has strong and diverse energy assets to start with, ranging from coal and nuclear power to hydropower and renewable energies. It … [Read more...]
Interview Tyler Cowen: “The shale boom? It’s just getting started”
The shale boom in the US is only just beginning to affect the global economy, says famous US economist and New York Times best-selling author Tyler Cowen in an interview with James Stafford of Oilprice.com. The only question, says Cowen, is who will be the next to latch on to this revolution. Photo: shale oil production in Estonia, by WaronError1 … [Read more...]
Christoph Frei, World Energy Council: “Resilience will rise to top of agenda”
The chances that we will be able to meet our climate targets are becoming increasingly slim, notes Christoph Frei, Secretary-General of the World Energy Council (WEC) in an interview with Energy Post. The main reason for this is that CCS (carbon capture and storage), a crucial element in any emission reduction strategy, “is not happening”. This means, says Frei, that “if no radical policy shift takes place, concerns will shift from mitigation to … [Read more...]
World Energy in 2040: Our fossil-fueled future
What sort of fabulous new energy systems will the world possess in 2040? Which fuels will supply the bulk of our energy needs? And how will that change the global energy equation, international politics, and the planet’s health? If the experts at the U.S. Department of Energy are right, the startling “new” fuels of 2040 will be oil, coal, and natural gas -- and we will find ourselves on a baking, painfully uncomfortable planet. Famous energy … [Read more...]
Seven Steps to Energy Policy Heaven
Now that a new political year has started, it may be useful to ask what exactly are the most important parameters that should go into any energy policy mix. I have identified seven – which I have dubbed the Seven Steps to Energy Policy Heaven. The nice thing about my “energy policy model” is that it may come in handy – even if you totally disagree with my ideas. Photo: Heaven visited me by Kevin Dooley … [Read more...]
Natural gas as “coal killer”
Natural gas is a coal killer and renewable energy booster. That at any rate is the major conclusion of the Breakthrough Institute, an influential, independent US think tank, in a recent report. We have provided a short summary for you. Photo: Greenpeace Italy … [Read more...]
Interview geologist David Hughes: shale oil just a brief reprieve
Europe is looking with envy at the US shale revolution. UK Prime Minister David Cameron recently even said he was "pretty jealous" of the US, saying that the “huge benefits” of shale gas outweigh any “very minor change” to the landscape. In the US, however, the debate has moved ahead: although the economic benefits of the shale revolution are undeniable, the question is how long the shale oil and gas boom can last. Critical observers expect peak … [Read more...]
The Third Carbon Age
Most of us believe (or want to believe) that the second carbon era, the Age of Oil, will soon be superseded by the Age of Renewables, just as oil had long since superseded the Age of Coal.  But according to Michael Klare, professor of peace and world security studies at Hampshire College, and the author, most recently, of The Race for What’s Left, this is an illusion. In reality, the energy industry is pouring its historic profits into new … [Read more...]
The new energy world according to the IEA
The International Energy Agency has given us a lot to think about recently. The IEA has produced one major report after the other – on renewables, gas, oil and climate change. How do these outlooks stack up and what do they impy for our energy future? Editor Karel Beckman provides a handy summary – so you won’t have to worry about this anymore over the summer. Or maybe you do… Photo: Audi A3 Sportback g-tron … [Read more...]
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