There are two major issues on which the future of the energy sector hangs, notes EP editor Karel Beckman: 1) how far will the renewables revolution go in combination with climate policy; 2) how will growing geopolitical tensions, especially relations with Russia, affect markets? Karel asks whether we need capacity schemes, indicates how utilities could get back on a growth path and how (not) to deal with Russia.
Editor-in-Chief Karel Beckman looks back on one year at Energy Post. He gives some suggestions on the wealth of information readers can find on the website, including the 10 best-read stories of the year. And he takes a look ahead on what more there is to come – after we come back from our summer break.
In a new report out today, Carbon Tracker Initiative (CTI), the NGO that invented the concept of “stranded assets”, blasts Shell’s “climate letter” of 16 May, in which Shell argues that “we do not believe that any of our proven reserves will become stranded”. According to CTI, Shell’s focus on proven reserves is “too narrow” and “understates the risk that its business faces from changes in climate policy”. EP editor…….
Jan Kunnas from the University of Stirling and colleagues from universities in the UK and New Zealand have written an ademic paper in which they calculate the cumulative historical cost of carbon dioxide emissions, in order to measure the responsibility various nations have for climate change. They suggest their results could be used to form the foundation of a future climate agreement. One of the major reasons for the failure…….
The German Bioethanol Industry Association (Bundesverband der deutschen Bioethanolwirtschaft – BDBe) commissioned a scholarly study to investigate claims that biofuels have been the main culprit behind rising agricultural prices and land-use conflicts. The public debate of the pros and cons of biofuels is dominated by issues related to the impact of biofuel production on the prices of agricultural commodities, food security and natural resources. The goal of the study was…….
A new report was launched by the Green Growth Best Practice (GGBP) initiative which pulls together the many tangible benefits that governments and communities are realizing through the adoption of green growth policies. The report, Green Growth in Practice: Lessons from Country Experiences, is the result of a collaborative partnership between the Climate & Development Knowledge Network (CDKN), the European Climate Foundation (ECF) and the Global Green Growth Institute (GGGI)……..
The Swedish support scheme promoting green energy production in the national territory is compatible with EU law. Member States are not required to support the production of renewable energy in other EU States. The Renewable Energy Directive allows Member States to support the production of green energy. Under that directive, Member States which grant benefits to producers are not required to support the use of green energy produced in another…….
High-level corruption in the energy sector is seriously affecting countries in seven countries in South Eastern Europe, according to the study Winners and Losers: Who Benefits from High Level Corruption in the South East Europe Energy Sector?. NGOs who authored the report, launched 24 June in Brussels during a High Level Policy Conference, call upon EU institutions to treat the reform of the energy sector in South East Europe as…….
The new BP Statistical Review of World Energy 2014, published on 16 June, shows that the world only narrowly escaped an oil crisis last year, thanks to a large increase of production in the US. The figures in the famous Review – the publication’s 63rd annual edition – show “how geopolitical events in a number of countries continued to impact oil production in 2013, with Libya suffering the largest single…….