Today, Russia and China dominate global nuclear exports and new additions while the U.S. experiences budget overruns and cancellations. Once at the forefront, the U.S. should regain its leadership of nuclear power, argue Matt Bowen, Jennifer Gordon and Jackie Kempfer at the Atlantic Council. To recover its position it first needs to change the laws and policies that constrain its ability to cooperate with allies on nuclear matters, invest in … [Read more...]
Why promote Rooftop Solar when the Grid is so much cheaper?
Is rooftop solar in the U.S. getting more support than it deserves? One main argument from its advocates is that it will cut grid transmission and distribution costs that total hundreds of millions. Severin Borenstein at the Energy Institute at Haas crunches some numbers to try to uncover the true “avoided costs”. He shows that any savings won’t come even close to making up for the higher cost of rooftop electricity. It’s no match for the grid’s … [Read more...]
Renewables shares outperformed fossil fuels over 10 years. Have investors noticed?
Shares in listed renewables firms are outperforming their fossil fuel equivalents, both in terms of returns and volatility. But although investment is rising, they’re still not getting enough to meet our 2050 targets, says the IEA. Why? In this article summarising the first of a series of reports they look at the 5 and 10 year record of the two verticals. In all the three territories analysed – the U.S., the U.K., and Germany/France - renewables … [Read more...]
Gas oversupply and clean energy’s rise: now is the time to fast-track gas market reforms
Traditional monopolistic and oligopolistic gas markets artificially keep gas prices high, work against competition and efficiency, and have no place in the modern world, say Jean-Baptiste Dubreuil, Gergely Molnar and Songho Jeon at the IEA. They calculate that gas market reforms in the EU, begun in the mid 1990s, saved the bloc $15bn in 2019. But it typically takes 20 years for such a market to be properly established. The authors explain that … [Read more...]
“Vertical well” Pumped-Storage Hydro: small, cheaper, 1-to-100MW range
In the U.S., pumped-storage hydropower (PSH) already provides 95% of all utility-scale energy storage. So any innovations that cut costs or extend PSH usability should be well received. The National Renewable Energy Laboratory (NREL) and its partners Obermeyer Hydro, Microtunneling Inc. and Small Hydro Consulting are demonstrating the advantages of a small pump installed in a vertical “well” rather than an underground powerhouse, one of the most … [Read more...]
E-Trucks need infrastructure, not just cheaper batteries
The electrification of road freight has great potential, but there are some big gaps that first have to be bridged. Writing for IRENA, Dolf Gielen, Francisco Boshell, Guy Lentz and Sita Holtslag explain what needs to be done to ensure that the technological advances and cost reductions happening at the forefront of e-mobility are quickly delivered onto our roads. To illustrate the problem: in Europe over half of road freight is transported less … [Read more...]
Zero U.S. power sector emissions by 2035, says Biden. How?
Joe Biden, the Democratic presidential hopeful, wants to reduce U.S. power sector emissions to zero by 2035. That’s more ambitious than Obama, and more than what Biden promised when campaigning to be the Democrat’s candidate. His emphasis has been on the jobs and investment a green economy will create – language that has more voter appeal than reversing emissions. Meredith Fowlie at UC Berkeley’s Energy Institute at Haas reviews the promises … [Read more...]
Global Coal Database: Covid lockdown may accelerate phase-out
E3G has created a database to track coal’s phase-out across the globe. Though much has been achieved, dating back to 2010, it’s still not on target. Chris Littlecott and Leo Roberts at E3G look at the data from different territories. The OECD and EU28 have made very good progress: 71% of these countries are pursuing coal phase-out, with 58% on track to be coal free by 2030. The article points at successes in the US, the UK, Spain and Germany … [Read more...]
New U.S. climate bill is unprecedented in “ambition, concrete details, and urgency”
Mark Silberg, Alisa Petersen and Ben Holland at RMI pick out six highlights from a new U.S. climate bill and accompanying report that they describe as unprecedented in “ambition, concrete details, and urgency”. The Democrat-sponsored “Moving Forward Act” passed the House at the start of July and now goes to the Senate. Though regional commitments already get the U.S. halfway to meeting the 1.5°C goal, federal action is needed for the rest. … [Read more...]
Three U.S. utilities to skip the gas “bridge”, move straight from coal to renewables
At the end of June, utilities in three U.S. states declared they are closing down coal plants and moving straight to renewables, without building new gas plants as a “bridge” fuel. For example, to replace lost coal capacity, Tucson Electric Power in Arizona will add 2,457MW of new wind and solar generation, backed up with 1,400MW of battery storage. Similar commitments are being made by other utilities in Colorado and Florida. New Mexico is … [Read more...]
BP’s world energy review: 2019 saw clean electricity match coal
Simon Evans at Carbon Brief summarises BP’s 69th edition of its influential annual statistical review of world energy, looking at 2019. Overall, total energy demand rose, though slower than usual. Renewables were the largest source of new energy, but were closely followed by oil and gas. Coal use dropped again, the fourth drop in six years, thanks to historic declines in the EU and the US. But continued growth in SE Asia, China and India leaves … [Read more...]
Russia and U.S. are backing next generation Nuclear
Russia’s Rosatom is positioning itself to lead research and testing for Generation IV fast neutron reactors, including high temperature gas-cooled, molten salt, and lead-bismuth designs. Following an update of plans released by Rosatom in June, Dan Yurman fills in the details. It is creating an International Research Centre and has signed up four partnering nations so far – the Czech Republic, Hungary, Poland, and Slovakia. The R&D facility … [Read more...]
German Geothermal: from 1.2TWh to 100TWh by 2050?
The IEA’s Sustainable Development Scenario sees the world's geothermal power generation tripling to almost 300 TWh by 2030. That’s because there’s an almost unlimited supply that can provide power, heating and cooling. It’s also a continuous supply uninterrupted by the weather, unlike solar and wind. The plants are small and quiet. For heating, ground-source heat pumps use significantly less electricity than other technologies. Writing for CLEW, … [Read more...]
Do black households in the U.S. pay more for their energy?
The “Black Lives Matter” movement, sparked by the killing of George Floyd by Minneapolis police at the end of May, has reverberated around the world. Particularly in North America and Europe it has gone well beyond the behaviour of the police and prompted calls to identify and root out structural racism wherever it is found. Maximilian Auffhammer at the Energy Institute at Haas looks at U.S. research that asks: “Do black households spend more on … [Read more...]
Calculating the energy saved if home working becomes the norm, globally
The global lockdown has resulted in a jump in home working and a collapse in commuting. If, post-lockdown, this new lifestyle is widely embraced, will it mean a reduction in total energy consumption and, if so, by how much? Daniel Crow and Ariane Millot at the IEA have crunched the numbers to attempt to answer this question. The first observation is that although car use will drop, residential energy consumption will rise. This is what makes the … [Read more...]
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