Green steel, green ammonium, green plastics, green aluminium and green shipping can be within reach in a world with renewables at 3$ct/kilowatt hour and a carbon price of $50+/ton CO2, with limited costs to the global economy, argue Auke Lont …
Ethanol will have a very important role in decarbonising the transport sector globally, the executive director of the International Energy Agency (IEA) told EURACTIV.com. Another energy expert said electrification will play a major role in transport but is not applicable to all sectors, which is where biofuels come in.
Portugal will use both electromobility and biofuels to decarbonise its transport sector by 2050, José Mendes, Portuguese First Secretary of State for Mobility - Environment and Energy Transition, told EURACTIV.com in an interview.
Work on revamping the EU’s electricity market could wrap up on Wednesday (5 December), when negotiators are set to finalise new rules that will help activate energy laws that have already been brokered.
According to the Intergovernmental Panel on Climate Change (IPCC) Special Report on Global Warming of 1.5ºC (SR15), an additional 1.5% in global investment is needed to limit the global average temperature rise to 1.5°C above pre-industrial levels.
Yet, if already under …
A proposal to limit cross-border electricity flows is one of the last sticking points in the EU’s proposed power market reform, as Berlin pursues a 75% limit on interconnector capacity made available for trading, lawmakers have said.
A group of sixteen European energy companies including France’s EDF, Germany’s E.ON, and Denmark’s Ørsted, have proposed introducing a carbon price floor at European or regional level, as a way to the speed up the transition to a low-carbon economy.
The impact of the transition to net-zero emissions will be positive for the European economy as a whole, despite the significant additional investments it will require, the European Commission says in its 2050 climate strategy, due to be unveiled later today (28 November).
Europeans have to be “very vigilant” that today’s dependency on imported oil and gas is not replaced by dependency on lithium, cobalt, copper and other raw materials that industries need for the green transition, Maroš Šefčovič told EURACTIV in an exclusive interview.
Markets for raw materials have recovered from the 2008 financial crash, fuelled by the continued digital transformation of the economy and the rapid deployment of green technologies. Is the world on track for a repeat of the resource boom seen in the early 21st century?
Spain will close the last of its nuclear reactors and coal power plants before 2030, according to State Secretary for Energy José Dominguez, who made the announcement shortly after Madrid pledged to work towards a completely renewable electricity system.
Electricity prices regulated by the government are commonplace in Europe, chiefly out of concern for vulnerable consumers. But they also undermine the adoption of innovative demand-response technologies, which are key to integrate higher shares of renewables and electric cars.
UPDATE: EU negotiators reached agreement Monday evening (12 November) on a legal framework for “citizen energy communities” in a deal solar PV manufacturers hailed as a victory for small-scale renewable energy production.
The green economy usually brings to mind traditional renewable materials such as wood, biomass, water and earth. Less likely poster children are the big metals that have formed the backbone of the industrial revolution – steel, copper, iron, tin and aluminium.
With growing shares of renewable energies added to the system, the dynamic pricing of electricity becomes even more important in order to provide flexibility on the demand side, says Pierre Tardieu. This is why regulated energy prices can only slow the pace of the energy transition, he argues.
The European Parliament voted on Tuesday (13 November) a set of three clean energy laws for 2030, including binding targets for renewable energies, an indicative objective on energy savings and a separate text on the governance of the Energy Union.
Spain’s government has published a new climate plan that targets a 100% renewable energy electricity system by 2050, with goals that outstrip those adopted by the EU and a ban on new gas and oil exploration.
Oil majors are “lagging” when it comes to preparing for the low-carbon energy transition, according to a new report from financial watchdog CDP, which nonetheless praised BP, Eni, Equinor, Total, Repsol and Shell for taking the industry’s lead.
Artificially low energy prices in France are one of the reasons why former state monopoly EDF loses money, says Thomas Pellerin-Carlin. Moreover, regulated prices are useless to protect vulnerable consumers from energy poverty and “almost never leads to low energy bills,” he argues.
Many European countries have placed limits on electricity prices, often justified by consumer concerns about rising energy bills, or to protect households from energy poverty. But regulated energy prices also thwart competition and hinder the deployment of clean energy solutions.
It may sound like a good thing to reward advanced fuels. But doing it under the CO2 standards for heavy duty vehicles (HDVs) would not achieve this goal and would only end up weakening EU fuel efficiency standards, says Cristina Mestre.
The UK has fallen in a ranking of the world's most attractive renewable energy markets for investors, with apprehensions around Brexit cited as a major reason for a year-on-year drop in investment. EURACTIV's media partner edie.net reports.