To reach net zero by 2050, babies born today must have CO2 footprints ten times smaller over their lifetimes than their parents and grandparents. In rich countries it’ll be fifteen times, while in emerging economies like India and China it’ll be around four times smaller. Laura Cozzi, Olivia Chen and Hyeji Kim at the IEA summarise how they have calculated the average allowable lifetime CO2 footprint by year of birth. Taking the two extremes, the … [Read more...]
Lifting and lowering tons of bricks: the best storage solution for Wind and Solar intermittency?
It’s a high capacity storage system that’s simplicity itself. Use excess wind and solar to raise heavy weights. Keep them at a height for as long as you like. Lower them to generate electricity. James Conca looks at a system being developed by Energy Vault and already being demonstrated in the Swiss national grid. At scale, a single “vault” with 10,000 bricks will have an annual output of 27 GWh, sitting on only 14 acres of land. The bricks are … [Read more...]
Our Hydrogen future: 27 authors imagine the world in 2030-2050
Here’s 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). It’s to mark the book launch of “Touching Hydrogen Future”, 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...]
Carbon Taxes have a multiplier effect on clean energy policies
President Biden’s Build Back Better package has already had to be cut back drastically. The climate part of the package is to halve the U.S.’s greenhouse gas pollution from its peak by 2030. Given the limitations on what Biden can do, will tax credits alone (favouring low-carbon solutions) achieve the target, asks Meredith Fowlie at the Energy Institute at Haas. She reviews papers that say it almost certainly won’t. However, the addition of a … [Read more...]
Grid-scale modelling of Distributed Energy Resources and dynamic pricing for all customers
Smart grids can solve multiple problems now and throughout the lifetime of the energy transition. The supply from hundreds (existing + new wind, solar, etc.) and ultimately millions (rooftop solar, EV batteries) of power sources can be matched in real time with demand from all major customer devices (air conditioners, water heaters, batteries, EVs). Dynamic pricing keeps the peaks low and the troughs high. It takes the pressure off total load, … [Read more...]
The Green Hydrogen disruption: what nations, firms and investors are doing to reshape global energy
Everyone knows the new hydrogen economy has huge up front capital costs to make the green H2 (called GH2), the logistical challenges of delivering it where it’s needed, and creating the customer base to consume it. But Tim Buckley at IEEFA believes the policy support is already shaping up to make GH2 a successful disruptor of the global energy system. He runs through the nations, companies and investors at the beginning of the learning curve that … [Read more...]
Where can Europe get its Gas if Russia cuts off supplies?
What impact will the confrontation between Russia and NATO over Ukraine have on Europe’s energy security? Russia provides nearly half of Europe’s natural gas, and Moscow could tighten the flow if hostilities break out. If that happens, where would Europe get its gas from? Amy Jaffe at Tufts University looks at the constraints on global LNG supply (mainly liquification and regasification capacity), the global ability to redirect shipments to … [Read more...]
New York City to stop new buildings connecting to the Gas network
New York City is the U.S.’s largest metropolis, over twice the size of second spot Los Angeles, and is still growing. It has just passed a bill that effectively stops new buildings from hooking up to the gas network. The significance is not simply because of NYC’s global prominence, but because it gets very cold in winter with average temperatures just above freezing point. The move is a major win for the electrification of buildings. The … [Read more...]
U.S. shale production is rising. But by how much more, and how fast?
The dramatic increase in gas and electricity prices worldwide has raised concerns about energy security. It why U.S. shale production is rising. But by how much more, and how fast? Ben Cahill at CSIS looks at lessons learned over the last ten years by the sector to understand the drivers. Previously, shale firms grew so fast that many investors lost a lot of money. Then, the 2020 oil shock imposed discipline and firms preserved cash, but that … [Read more...]
The Gas Crunch: EU and China can share lessons on Energy Security and Renewables Integration
With adversity comes opportunity. The global gas crunch has hurt countries around the world but has also made them appreciate their common concerns. That has provoked policy-makers to take a serious look at current and future energy security policies. In the EU the competitive gas markets, enabled by short-term spot markets, has reminded us of the value of long-term contracts when prices are volatile and rising. Meanwhile, China’s … [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...]
Vehicle charge zones: too high, and driver detours can increase emissions
Vehicle congestion charge zones are a way of taxing drivers for the emissions they create. They have great potential to steer polluters towards shorter and/or fewer journeys, and towards cleaner fuels. But it's full potential that has gone mostly untapped. Most “cordon zones” found in big cities like London, Stockholm, Milan and Singapore keep the rules very simple. Journey length is rarely, if ever, taken into account. Importantly, no one is … [Read more...]
Avoiding renewables bottlenecks needs long term planning of electricity transmission infrastructure
As more renewables are rapidly added to grids, network operators must plan new transmission lines to integrate them immediately, avoiding wasteful bottlenecks. It’s a puzzle that’s getting bigger and more complex as the energy transition gains pace, which means transmission policy and planning must improve, and fast. Rather than making lots of small incremental steps, planning ahead will prove less costly and capture efficiencies and economies of … [Read more...]
Why was Nuclear side-lined at COP26?
James Conca is extremely disappointed that nuclear did not get a serious hearing by negotiators at COP26. Meanwhile in the "Green Zone" (for the general public), the World Nuclear Association had all of its members' applications to establish exhibits rejected. Why? If public opposition is a main obstacle, the nuclear industry should be given an opportunity to argue its case, explain how it is one of the safest energy sources available, and … [Read more...]
Corporations, Cities, Financial Institutions: can private collective action plug the global emissions gap?
Non-state actors - corporations, cities, and financial institutions – are making their own impact on emissions reductions. We don’t just have to rely on governments, explain James Newcomb, Jun Ukita Shepard and Laurens Speelman at RMI. Case studies of harnessing private collective action already exist, and they are significant. Take Power Purchase Agreements (PPAs). In the U.S., corporates ramped up annual renewables procurements from 0.1 GW to … [Read more...]
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