Energy in Demand News, November 24, 2024

The talks at COP29 ran 33 hours late, and came close to collapse. In the end richer countries pledged a record $300bn to help the developing world fight climate change, but the deal is facing recrimination that it comes nowhere near addressing poorer countries' challenges from global warming. The New York Times (behind a paywall) … Continue reading Energy in Demand News, November 24, 2024 →

Energy in Demand News, November 17, 2024

It has been quite a first week at COP29. Azerbaijani president, Ilham Aliyev, defended Azerbaijan’s current exports of gas and plans to expand production told world leaders gathered in his country for COP29 that natural gas was a “gift from God” and he shouldn’t be blamed for bringing it to market. Kicking off the leaders’ … Continue reading Energy in Demand News, November 17, 2024 →

New report: demands for renewable hydrogen and electricity to drive the EU’s green iron and steel transition

The Stockholm Environment Institute has published a new report on the transition underway in the steel industry. The steel industry is responsible for around 5% of CO2 emissions in the EU and the sector needs to cut carbon emissions by 55% by 2030 to align with climate targets. By applying a scenario analysis, this report … Continue reading New report: demands for renewable hydrogen and electricity to drive the EU’s green iron and steel transition →

Energy in Demand News, November 10, 2024

The IEA’s Energy Efficiency 2024 report was published this week, just before COP29. Energy intensity improvements have decreased in the past year, even though nearly 200 countries agreed at COP28 to the goal of doubling the rate of progress, which would mean increasing intensity from 2% in 2022 to 4% by 2030. Yet, the IEA … Continue reading Energy in Demand News, November 10, 2024 →

High school students in US gain big win in pushing for fossil fuel divestment in private high schools

Aliya Uteuova and Dharna Noor write on the Guardian website about how a high school in California has decided not to invest in coal, oil or gas, instead pledging to put money into clean energy. It’s the latest win in a new fossil fuel divestment campus campaign launched by high schoolers across 11 countries that … Continue reading High school students in US gain big win in pushing for fossil fuel divestment in private high schools →

Energy in Demand News, October 27, 2024

The annual UNEP Emissions Gap Report (EGR), published this week ahead of the UN Climate Change Conference (COP), highlights that without accelerated global action, the world is on track for temperature increases between 2.6°C and 3.1°C by the end of the century. Even the best-case scenario of 2.6°C will bring severe consequences for people, the … Continue reading Energy in Demand News, October 27, 2024 →

Battery storage equivalent to the output of 20 nuclear reactors has been bolted on to America’s electric grids in barely four years

Oliver Milman writes on the Guardian website how the pace of growth in battery storage helps maintain renewable energy when weather conditions interfere with wind and solar. What is the situation in your country? US power grid added battery equivalent of 20 nuclear reactors in past four years Faced with worsening climate-driven disasters and … Continue reading Battery storage equivalent to the output of 20 nuclear reactors has been bolted on to America’s electric grids in barely four years →

Modern sport reflects society’s oil dependency

Theo Lorenzo Frixou, PhD Candidate, Social Sciences, Loughborough University writes on The Conversation website about how the fossil fuel industry is so entrenched in modern sports. Whether it be in the form of high-profile sponsorship deals, sporting equipment made from petrol-based products like carbon fibre or flying to meet the demand for ever more fixtures, … Continue reading Modern sport reflects society’s oil dependency →

Energy in Demand News, October 21, 2024

The energy transition could proceed more quickly than large US oil producers were hoping, with growing pressure to decommission assets sooner than they expected, a Financial Times newsletter (behind a paywall) reported this week. “In any scenario, they’ll eventually need to pay big clean-up costs around the retirement of each individual fossil fuel site. In … Continue reading Energy in Demand News, October 21, 2024 →

Pace of decarbonisation of world GDP Is still far too slow

An article on the Fitches Rates website raises concerns that decarbonisation is simply too slow. Fitches Ratings Inc. is an American credit rating agency and one of the “Big Three credit rating agencies:, the other two being Moody’s and Standard & Poor’s. How do we get this message across to countries and leaders who want … Continue reading Pace of decarbonisation of world GDP Is still far too slow →