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Though the price shocks hurt, Renewables installed between 2021-23 saved Europe €100bn

September 18, 2023 by Joe Myers

According to the IEA, without the solar and wind capacity additions made in 2021-23 Europe’s energy costs would have been €100bn higher in those three years, as prices spiked due to Russia’s invasion of Ukraine and the unexpected drop in output from nuclear and hydro. That money saved is another reason why the ramp up of renewables is so important, explains Joe Myers writing for the World Economic Forum who summarises the IEA data. Natural gas … [Read more...]

Filed Under: Energy, Renewables Tagged With: costs, EU, Europe, geopolitics, hydro, Nuclear, prices, Russia, solar, Ukraine, wind

Spain: as Renewables rise, managing supply and demand is the next challenge

September 12, 2023 by Claudia Alemañy Castilla

In May this year Spain reached a landmark day when it was powered 100% by renewables - solar, wind and hydroelectric power - from ten o'clock in the morning until seven o'clock in the evening. In four years the share of renewable energy generation rose from 37% to 50%, while non-renewables dropped from 62% to 49%. Its draft Law on Climate Change and Energy Transition targets 35% of renewable energy in final consumption by 2030 and 100% in the … [Read more...]

Filed Under: Energy, Grids Tagged With: demand, ebalanceplus, efficiency, flexibility, grids, hydro, innovation, ReDREAM, renewables, smart, solar, spain, supply, wind

Europe’s grid bottlenecks are delaying its energy transition

September 6, 2023 by Eurelectric

***While you're here... REGISTER NOW for "REPowering the grid for Solar PV" with the Vice-President of Tauron, DG ENER C, Eurelectric and SolarPowerEurope - Online Wednesday September 20 from 11:00 to 12:15 CEST*** No amount of record sales and deployment in Europe of heat pumps, EVs, solar farms, wind turbines and all the rest will guarantee the region meeting its electrification targets if the grids aren’t ready to integrate them. As … [Read more...]

Filed Under: Energy, Grids Tagged With: capacity, congestion, Digitalisation, Distribution, efficiency, electricity, EVs, flexibility, grids, HeatPumps, investment, permitting, power, smartgrids, solar, wind

Does Nuclear slow down the scale-up of Wind and Solar? France and Germany can’t agree

July 21, 2023 by Camille Lafrance and Benjamin Wehrmann

France and Germany lead the camps in disagreeing on the future of nuclear in Europe. Camille Lafrance and Benjamin Wehrmann at CLEW take a deep dive into the reasons why, quoting experts and politicians. Germany’s vision of a fully renewables-based EU is at odds with France’s unwavering support for low-carbon nuclear energy. European-wide agreement on targets matter because they drive future investment in the targeted technologies and the design … [Read more...]

Filed Under: Energy, Nuclear, Renewables Tagged With: congestion, EU, Europe, France, Germany, grids, markets, Nuclear, renewables, solar, storage, Taxonomy, wind

The world needs 200,000 Offshore Wind turbines by 2050: mapping the locations, constraints

July 20, 2023 by Hugo Putuhena, Fraser Sturt and Susan Gourvenec

Hugo Putuhena, Fraser Sturt and Susan Gourvenec at the University of Southampton summarise the results of their methodology that determines where to locate the hundreds of thousands more offshore wind turbines the world needs to meet net-zero targets. The world may need as many as 200,000 offshore turbines by 2050, generating 2,000GW. At the end of 2022, 63GW had been installed worldwide, so that means 32 times current capacity. If the “power … [Read more...]

Filed Under: Energy, Renewables Tagged With: deepwater, Environment, global, offshore, protected, seabed, shipping, turbines, UK, wind, windspeed

Only certain types of Hybridisation (Wind or Solar + Storage) beat building expensive transmission lines

July 10, 2023 by Julie Mulvaney Kemp

In some regions, the roll out of new wind and solar has outpaced new transmission. That causes “congestion” at times when the variable renewables are producing too much power locally, and cannot sell the excess, which squeezes profitability. That’s certainly the case in the U.S. now. One answer is “hybridisation” where storage is built alongside the renewables, to save that excess power for when it can be sold later. Julie Mulvaney Kemp at … [Read more...]

Filed Under: Energy, Grids, Renewables, Storage Tagged With: batteries, congestion, electricity, grids, hybrids, power, renewables, solar, storage, Transmission, US, VRE, wind

EU’s 40% domestic Cleantech ambition: same target for Wind (easy) and Solar (hard) doesn’t make sense

June 12, 2023 by Giovanni Sgaravatti, Simone Tagliapietra and Cecilia Trasi

The proposed Net Zero Industry Act includes a target for the EU to manufacture domestically at least 40% of its cleantech deployment needs by 2030. That includes the key technologies of solar PV panels, wind turbines (onshore and offshore), EV batteries, heat pumps and hydrogen electrolysers. But it doesn’t make sense to have the same 40% target for all, explain Giovanni Sgaravatti, Simone Tagliapietra and Cecilia Trasi at Bruegel. The main … [Read more...]

Filed Under: Energy, HVAC, Hydrogen, Renewables, Storage Tagged With: batteries, cleantech, electrolysers, EU, EVs, GreenDeal, HeatPumps, hydrogen, NetZeroIndustryAct, offshore, onshore, panels, PV, solar, turbines, wind

How will China respond to the EU’s “40% made at home” clean energy tech ambition

June 9, 2023 by You Xiaoying

The EU’s Net Zero Industry Act wants to drive home-grown production of eight “strategic” net-zero technologies, including solar, wind, batteries and CCS. The target is 40% made at home, though the policy is yet to be worked out. You Xiaoying writing for China Dialogue talks to experts in China and the EU for their predictions. Most say that Chinese firms are not very worried. Firstly, they can – and are already making moves to – set up production … [Read more...]

Filed Under: Carbon Capture, Energy, Renewables, Storage Tagged With: batteries, CCS, China, decarbonisation, EU, GreenDeal, international, NetZeroIndustryAct, production, solar, targets, trade, US, wind

IEA report: global manufacturing capacity is expanding rapidly for solar, wind, batteries, electrolysers, heat pumps

June 6, 2023 by IEA

The IEA summarises its special briefing, “The State of Clean Technology Manufacturing.” It’s a global update on recent progress in key regions, focussing on five technologies – solar PV, wind, batteries, electrolysers and heat pumps – critical to the energy transition. It should be read to keep decision makers informed of investment trends and the impact of industrial strategies. Overall, manufacturing capacity for these technologies is expanding … [Read more...]

Filed Under: Energy, HVAC, Hydrogen, Renewables Tagged With: batteries, China, demand, electrolysers, EU, HeatPumps, IEA, India, manufacturing, solar, supply, US, wind

Five charts on the Energy Transition: the 2020s is the decade of maximum disruption. By 2030 the endgame will be clear

May 25, 2023 by Sam Butler-Sloss and Kingsmill Bond

Sam Butler-Sloss and Kingsmill Bond at RMI present a succinct summary of why the energy transition matters, how the 2020s is the era of maximum disruption, and how by 2030 the transition’s endgame will be apparent (though far from complete). Four key technologies are already entering the exponential growth stage: solar, wind, EVs and heat pumps. As early as 2030 their cheapness will flush away the fossil equivalents in succeeding decades, say the … [Read more...]

Filed Under: Energy, Renewables Tagged With: China, costs, EU, Europe, EVs, fossils, HeatPumps, India, prices, solar, US, wind

“Exascale” computing algorithms can deliver new Wind Turbine designs and on-site power-maximising strategies

May 17, 2023 by Brooke Van Zandt

Advances in exascale computing algorithms and models for multiscale atmospheric flows are leading to new wind turbine designs and on-site power-maximising strategies previously not possible, explains Brooke Van Zandt at NREL. The models can contain and process two billion grid points, simulating the air flow around turbines in a large wind farm with unprecedented accuracy. Van Zandt describes how the new tools are being used to deal with highly … [Read more...]

Filed Under: Energy, Innovations, Renewables Tagged With: algorithms, computing, derating, design, exascale, farm, modelling, turbines, turbulence, wake, wind

Record clean-power growth in 2023: is Coal and Gas decline now structurally embedded?

May 5, 2023 by Josh Gabbatiss

Last year, wind and solar reached a record 12% of global electricity generation, according to think tank Ember’s latest global electricity review. The overall share of all forms of low-carbon electricity rose to almost 40% of total generation. Josh Gabbatiss at Carbon Brief goes through the Ember review which heralds this as the moment fossils began their permanent decline. Ember calls it “structural” and “enduring” because previous declines only … [Read more...]

Filed Under: Energy, Oil, Gas & Coal, Renewables Tagged With: China, coal, electricity, Europe, fossils, gas, hydro, IRA, Nuclear, power, REPowerEU, solar, US, wind

Wind Turbines: how dependent is the EU on China?

April 25, 2023 by Joseph Webster

Joseph Webster at the Atlantic Council’s Global Energy Center takes stock of the European wind sector’s dependence on China. Nobody wants geopolitics and a worsening relationship with Beijing to disrupt positive cooperation in the urgent energy transition. The news is mostly good: the dependence is low because the international trade in turbines is constrained by weight-to-value ratios, transportation costs, and local content requirements. In … [Read more...]

Filed Under: Energy, Renewables Tagged With: australia, China, copper, EU, RareEarthElements, trade, turbines, wind, Zinc

Turning Ethanol production’s CO2 by-product into E-Fuels using Wind power

April 19, 2023 by Erik Ringle

With vast open spaces, Midwest states in the U.S. produce millions of gallons of ethanol from corn as well as thousands of kilowatt-hours of electricity from wind farms every year. Research led by NREL is working on using wind power to drive electrolysers that turn the ethanol’s CO2 by-product into e-fuels, explains Erik Ringle at NREL. A typical 50 million-gallon-per-year ethanol plant releases 14 tons of CO2, a natural by-product of … [Read more...]

Filed Under: Biofuels, Energy Tagged With: aviation, biofuels, chemicals, CO2, corn, efuels, electrofuels, emissions, ethanol, fermentation, freight, industry, manufacturing, maritime, US, wind

Renewables “cost of capital” in Europe lower than oil, gas, coal. What the U.S. and China can learn

April 17, 2023 by Gireesh Shrimali, Christian Wilson and Xiaoyan Zhou

The ultimate price of anything is highly dependent on the cost of capital needed to put it in place. That cost reflects the risks financial markets perceive. And policy certainty reduces risk. Gireesh Shrimali, Christian Wilson and Xiaoyan Zhou at Oxford University, writing for WEF, summarise their global study which shows the cost of capital for different energy technologies, and therefore which ones will trend upwards and dominate. They cover … [Read more...]

Filed Under: Energy, Investment Tagged With: capital, China, coal, costs, debt, electricity, equity, Europe, gas, oil, policies, production, renewables, risks, solar, US, utilities, wind

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Most read this week

  • U.S. Inflation Reduction Act: one year on, a summary of impressive progress in the energy transition by Hannah Perkins | posted on September 19, 2023
  • Oil & Gas business is fatally flawed: Russia-Ukraine only delayed the relentless decline in prices by Clark Williams-Derry | posted on September 21, 2023
  • Sodium-ion batteries ready for commercialisation: for grids, homes, even compact EVs by Carlos Ruiz | posted on September 11, 2023
  • 10 Carbon Capture methods compared: costs, scalability, permanence, cleanness by Ella Adlen | posted on November 11, 2019
  • Space-Based Solar Power: getting closer as SpaceX and Blue Origin bring down the cost of heavy-lift launches? by Matteo Ceriotti | posted on September 20, 2023
  • Though the price shocks hurt, Renewables installed between 2021-23 saved Europe €100bn by Joe Myers | posted on September 18, 2023
  • Affordable €25k EVs by 2025: Europe’s carmakers can do it. Instead they’re making more profitable SUVs by Transport & Environment | posted on September 22, 2023
  • Micro-nuclear reactors: up to 20MW, portable, safer by Christina Nunez | posted on April 22, 2021
  • Understanding the new EU ETS (Part 2): Buildings, Road Transport, Fuels. And how the revenues will be spent by Simon Göss | posted on February 6, 2023
  • Concawe Symposium tackles climate and pollution as RED commits fuel companies to 29% renewable content from 2030 by Matthew James | posted on September 22, 2023
  • Germany plans for Carbon Capture in Industry: emissions, potentials, costs by Simon Göss | posted on September 15, 2023
  • Industry’s EU ETS reforms and CBAM: how firms can turn the rising cost of carbon into competitive advantage by Pablo Ruiz | posted on September 25, 2023
  • EU Energy Outlook to 2060: how will power prices and revenues develop for wind, solar, gas, hydrogen + more by Alex Schmitt | posted on December 6, 2022
  • Farming Algae for Carbon Capture: new research cuts “fouling.” Scale-up in 3 years? by David Chandler | posted on June 21, 2023
  • What’s best for Hydrogen transport: ammonia, liquid hydrogen, LOHC or pipelines? by Herib Blanco | posted on May 5, 2022
  • Can Aluminium-air batteries outperform Li-ion for EVs? by Helena Uhde | posted on September 8, 2021
  • The 10 big problems with simply replacing fossil cars with electric by Schalk Cloete | posted on December 6, 2021
  • EU Carbon Removal Certification Framework: new rules to turn greenwashing into genuine removals by Simon Göss | posted on May 16, 2023
  • Can we expect Gas price volatility and spikes this winter? Why? by Michael Bradshaw | posted on September 8, 2023
  • Gravity Batteries: any nation can do it at scale using rocks by Simon Read | posted on July 27, 2022

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      Recent Posts

      Industry’s EU ETS reforms and CBAM: how firms can turn the rising cost of carbon into competitive advantage

      Concawe Symposium tackles climate and pollution as RED commits fuel companies to 29% renewable content from 2030

      Affordable €25k EVs by 2025: Europe’s carmakers can do it. Instead they’re making more profitable SUVs

      Oil & Gas business is fatally flawed: Russia-Ukraine only delayed the relentless decline in prices

      Space-Based Solar Power: getting closer as SpaceX and Blue Origin bring down the cost of heavy-lift launches?

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