All posts by Energy Post

Renewables Will Win the Energy Race

The ECOreport reposts a European OP-ED that renewables will win the energy race on costs

Originally Published on Energy Post

By Karel Beckman

The cost of wind and solar power will continue to fall massively over the next 25 years, bringing about a fundamental transformation of the global electricity sector, according to new reports from Bloomberg New Energy Finance (BNEF) and the International Renewable Energy Agency (IRENA). Electric cars will boom, cheap batteries will be everywhere and there will no Golden Age of Gas, despite continued low gas prices, BNEF predicts.

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EU Capacity Mechanisms May Be Badly Designed

The ECOreport reposts EU Competition Commissioner Margarethe Vestige’s interim report points to “room for improvement,” EU capacity mechanisms may be badly designed

Originally Posted on Energy Post

by Sonja van Renssen

EU member states are setting up capacity mechanisms that may be unnecessary, expensive and badly designed. This is the conclusion of the European Commission’s Competition Directorate in the interim report of its first ever “sector enquiry” into capacity mechanisms as a form of state aid for electricity producers. But the report shows that DG Competition has a different view than DG Energy about the future of the EU’s energy market design, writes Sonja van Jenssen from Brussels.

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Opportunities For Oil Companies To Develop New Energies

The ECOreport reposts a former Shell CEO’s opinion about the opportunities for oil companies to develop new energies

Originally Published on Energy Post

By Karel Backman

“The energy transition presents great opportunities for oil and gas companies to develop new forms of energy and gradually move away from fossil fuels”, says Jeroen van der Veer, former CEO and Chairman of Shell in an exclusive interview for World Energy Focus, a monthly publication of the World Energy Council produced by Energy Post. But the former Shell boss rejects the idea that the oil companies are in danger of ending up with large “stranded assets”, as some investors fear. “A country like Saudi Arabia may be concerned whether they can exploit all their resources, but the assets on the balance sheets of the international oil companies are resources they will develop over the next 20 years or so.”

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Financing Renewables Can Be 3X As Expensive In Some Nations

The ECOreport reposts a European story about why financing renewables can be 3X as expensive in some nations

Originally Published on Energy Post

by Sonja van Renssen

Renewables had a good year in Europe in 2015. Wind grew by 12.8GW and solar PV by 8GW. The wind sector installed more than any other form of power generation (44% of the total) and called it a “record year” for investments (up 40% on 2014). The solar PV industry meanwhile, announced 15% growth after three consecutive years of decline.

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Tropical Forest Corridors Increase Biodiversity

The ECOreport reposts news of a study showing Tropical forest corridors increase biodiversity

Originally Published by Oregon State University

As tropical forests become increasingly broken up by roads, farm fields, pastures and other developments, corridors of trees provide vital pathways for pollinators and contribute to a rich diversity of plant species, scientists have confirmed.

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COP 21 Was Not “the End” For Fossil Fuels

The ECOreport reposts the story of an industry striving to catch up to a more sustainable world. COP 21 Was Not “the End” For Fossil Fuels. 

Originally Published on Energy Post

By Sonja van Renssen

“How enforceable is any international agreement?” asks Gary Guzy, a lawyer at Covington & Burling’s Washington office and a former General Counsel at the White House and US Environmental Protection Agency (EPA). “Governments are accountable through transparency.”

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A New Global Climate Agreement

Originally Published on Energy Post

by Sonja van Renssen

As we enter the second week of the world’s make-or-break UN climate conference, the elements of a new global climate agreement are falling into place. It will provide energy companies the world over with the certainty of a long-term climate goal and of a push from governments to make them pay for their greenhouse gas emissions. But it will also recognise that the world has changed since the Kyoto Protocol and that emerging economies like China have to do their share. Sonja van Renssen reports from Paris.

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EU’s first State of the Energy Union report

Originally Published on Energy Post

By Sonja van Renssen

The EU’s first State of the Energy Union report is determinedly optimistic on progress, but offers little new information and appears to take just a small step towards resolving the biggest challenge of all: uniting national interests around EU priorities. Published by the European Commission on 18 November, the report is accompanied by a whole suite of studies in areas from energy security to climate action. The package sets out achievements to date and legislative proposals to come in 2016.

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We Need To “Demystify” Energy

The Chair of the largest professional association in the world has concerns about the move to a clean, CO2-neutral system We Need To “Demystify” Energy

Originally Published on Energy Post

BY Karel Beckman

Right now renewable energy is still in the single digits in Europe. That’s a disaster”, says Marko Delimar, Professor at the University of Zagreb and Chair of the European Public Policy Group of the engineers association IEEE, the largest professional association in the world. According to Delimar, the energy transition is still at a very early stage. Technologists, he says, in an interview with Energy Post, have an important task: “We need to “demystify” energy. The energy transition will require a major effort. For this we need consensus in Europe. We need to start speaking the same language.”

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The Need To Define LNG’s Future

A rambling Energy Post interview the future CEO of E.ON’s spinoff “Uniper,” in which he talks about the market, emissions and the need to define LNG’s future

Originally Published on Energy Post

By Sonja van Renssen

The EU should define how much gas it wants by when, and recognise that Nord Stream 2 can provide additional security of supply, argues Klaus Schäfer, the incoming CEO of E.ON spin-off Uniper in this exclusive interview with Energy Post. Schäfer, who is currently Board member of the E.ON Group, says Europe is further away than ever from a single market for electricity and calls on policymakers to recognise that security of supply has a cost. He backs a reformed carbon market, but expresses doubts over the future of carbon capture and storage (CCS).

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