Analysts have rarely been so divided on their views of where the oil price is going, writes Geoffrey Styles, Managing Director of independent US-based consultancy GSW Strategy Group. This is because the market is in the grip of a number of contradictory trends. Styles takes a closer look at what they are and how they might play out. … [Read more...]
Peak oil? Sooner than you think
The London-based investment advisory firm Redburn thinks that global demand for oil could peak around 2026, writes Fereidoon Sioshansi, President of Menlo Energy Economics and publisher of the newsletter EEnergy Informer. The implications for oil majors are ominous. … [Read more...]
South Australia makes fresh power play in bid to end blackouts
Blackouts in South Australia have focused the world’s attention on this state which has lots of renewable energy. South Australia’s government has now unveiled a keenly anticipated new energy plan, with the aim of making itself more self-sufficient. Hugh Saddler of the Centre for Climate Economics and Policy at Australian National University explains what it is about. Courtesy of The Conversation. … [Read more...]
Six years after Fukushima, much of Japan has lost faith in nuclear power
The Japanese government should consider a fundamental change in its current nuclear energy policy if it wants to recover the public's trust in nuclear power, writes Tatsujiro Suzuki, Director of the Research Center for Nuclear Weapons Abolition at Nagasaki University. According to Suzuki, staying on the current path will undermine Japan's economic and political security. Courtesy of The Conversation. … [Read more...]
Wind power blows away opposition in U.S.
What many regarded as unthinkable just a few years ago, is happening today: U.S. utilities are almost effortlessly handling ever increasing levels of intermittent wind power, writes Washington DC-based energy author Dennis Wamsted. What is more, Democratic and Republican politicians are lauding the unprecedented way in which wind and solar resources are transforming low-income rural areas. Wind power is here to stay, regardless of who sits in the … [Read more...]
Energy efficiency needs “historic level of public-private cooperation”
From a banking perspective, energy efficiency is difficult to classify in terms of business opportunities because its benefits are so widely dispersed,  writes Stephen Hibbert, global head of Energy & Carbon Efficiency at ING Wholesale Banking. For this reason, to close the “investment gap” in energy efficiency, “a historic level of public-private cooperation” is needed, according to Hibbert. He sees many signs that this is happening. … [Read more...]
The great battery race
The coming of cheap and effective lithium-based batteries will cause the greatest changes in the energy and automobile sector since Henry Ford built the model T, writes Gerard Reid, founding partner of Alexa Capital, financial analyst and co-founder of the Energy and Carbon blog. But European countries like Germany and France have no significant production, in contrast to China, which views batteries and their raw materials as key factors in the … [Read more...]
UK’s French Connection shows: cross-border links are the way to go
Few people realise that despite Brexit, the UK is embarking on a large expansion of its electricity interconnections with the European mainland. Is this a good idea, asks energy finance consultant Gerard Wynn? Wynn, who has just co-written a report on the Electricity Grid Transition in the UK, points out that the UK-France interconnector came under tremendous pressure last year, but in the end proved its usefulness. Courtesy Energy & Carbon … [Read more...]
French election 2017: where the candidates stand on energy and climate change
The French presidential elections are fast approaching with the first voting round set to be held on 23 April and the run-off between the top two candidates – if neither wins a majority – on 7 May. Jocelyn Timperley of Carbon Brief takes a look at where the major candidates stand on energy and climate change. Courtesy Carbon Brief. … [Read more...]
How much will it really cost to decommission the aging French nuclear fleet?
A recently published French governmental report has blown a significant hole in the French nuclear decommissioning strategy, writes Paul Dorfman, Honorary Senior Research Associate at the Energy Institute, University College London and founder of the Nuclear Consulting Group. According to Dorfman, the report found that the clean-up of French reactors will take longer, be more challenging and cost much more than French nuclear operator EDF … [Read more...]
Why Germany needs a European Energiewende
Neither the German Energiewende nor the EU's Energy Union can succeed in isolation. We need a European Energiewende, writes Rebecca Bertram, who leads the European Energy Transition work at the Heinrich Böll Foundation in Berlin. Courtesy Energy Transition/Global Energiewende. … [Read more...]
Don’t throw out the energy efficiency baby with the Brexit bathwater
Will Brexit put energy efficiency progress in the UK at risk, ask Jan Rosenow, Pedro Guertler and Richard Cowart of RAP (Regulatory Assistance Project)? In electric appliances and heating systems – probably not. The biggest risk is in the building sector.UK policymakers will need to put efficiency first if they want to reach carbon targets and keep costs down. … [Read more...]
Saudi Arabia “leaves oil behind” (says ex-oil minister Al-Naimi)
Is Saudi Arabia serious about making the change from the world’s biggest oil exporter to a significant producer – and exporter – of renewable energy? Time will tell, but the country is certainly taking serious first steps, writes Nehad Ismail. … [Read more...]
How Germany’s plan for 100% electric cars could backfire
Germany has ambitious plans for both electric cars and renewable energy. But as things stand,  writes DĂ©nes Csala of Lancaster University, Germany’s well-meaning but contradictory ambitions would actually boost emissions by an amount comparable with the present-day emissions of Uruguay or the state of Montana. Courtesy The Conversation. … [Read more...]
Mr Energy Transition Claude Turmes cheered in Brussels, but across EU divisions run deep
As Green MEP Claude Turmes launched his vision for pursuing the green energy revolution in Europe, EU energy ministers remained strongly divided over the depth and pace of the energy transition. … [Read more...]
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