Elena Bou, KIC InnoEnergy: “If we want our energy companies to succeed, we need one European market”

Belgian software developer Enervalis now works with ABB thanks to KIC InnoEnergy

We are at the beginning of a new era of innovation in the European energy sector. Energy companies will be opening up to new collaborations, investing in startups, creating new technologies and developing new business models that will be much more service and customer oriented. That’s the conviction of Elena Bou, Innovation Director at KIC InnoEnergy, an EU-wide company investing in renewable energy technology. What worries Bou is the … [Read more...]

KIC InnoEnergy: “Solar PV will be one of lowest-cost electricity sources in Europe”

photo Martien Abegglen

Solar photovoltaics (PV) will be one of the cheapest sources of electricity generation in Europe by 2030. That is a major conclusion that can be drawn from a report on future cost reductions in solar PV recently published by KIC InnoEnergy. … [Read more...]

Globalisation of the gas market: it has been going on longer than you think

(photo Bilfinger SE)

The general view among analysts is that gas prices in North America, Europa and Asia diverged in the period 2005-2014. This was always a bit odd, since regional markets were becoming more interconnected in those years through increased LNG trade, increased market related pricing and gas hub development. Now it turns out that, according to new research from Floris Merison at the Energy Delta Institute, the conventional view of price divergence is … [Read more...]

MIT: “Paris” sets world on course for 3C temperature rise by end century

EP-News-Logo2 (1)-new

Implementation of the Paris Agreement will lead to a temperature rise between 2.7 and 3.6C, far exceeding the 2C goal. That’s the main conclusion from new results of the MIT Joint Program on the Science and Policy of Global Change. Under this program, a team of scientists has investigated the likely effects of commitments made under the Paris Climate Agreement on global temperatures. … [Read more...]

Debacle at Doha  – the collapse of the old Oil Order 

energy ministers meet at Doha April 17

The failure of the world’s biggest oil producers to agree on an output freeze at their recent meeting in Doha, Qatar, was more than a geopolitical incident, writes energy author Michael T. Klare. The Doha debacle shows that the world of ever-increasing oil demand that we have come to known over the last decades is no more. From now on, suppliers will fight each other for ever diminishing market shares. Courtesy of TomDispatch. … [Read more...]

Why EU renewable energy figures are misleading: Europe requires 150% renewable energy to become fossil-free

How much renewable energy is the EU really getting? (photo Europe by Satellite)

The EU is confident it will reach its target of 20% renewable energy by 2020. But according to Martien Visser, professor at the Hanze University of Applied Sciences in Groningen (The Netherlands), this 20% is in reality more like 14%. This is because a large part of our energy consumption is simply ignored in the calculations for renewable energy. “Even with 100% renewables, we would still need a lot of fossil fuels”, Visser notes. … [Read more...]

Post-Paris: if the EU can’t be climate leader at home, it could lead by helping others

closing of Paris climate summit for local leaders (photo UN)

Although the Paris Agreement was a diplomatic success for the European Union, the EU’s own climate policy is looking increasingly unambitious, write Susanne Dröge and Oliver Geden of the German Institute for International and Security Affairs (SWP) in Berlin. According to the authors this is the result of internal differences which are unlikely to be resolved soon. They suggest that if the EU wants to maintain its international leadership in the … [Read more...]