For shipping to keep within its carbon budget, all available levers will need to be actioned at different points in time over the next three decades

Bureau Veritas (BV) has recently published a report outlining potential decarbonization trajectories for the maritime industry through five distinct scenarios. Paul Delouche, the Strategy, Acquisitions, and Advanced Services Director at Bureau Veritas Marine & Offshore discusses the report in an article on the Maritime Executive website. For those not familiar with energy insetting, the concept … Continue reading For shipping to keep within its carbon budget, all available levers will need to be actioned at different points in time over the next three decades →

Energy in Demand News, April 28, 2024

Economic damage from natural catastrophes is raising concern that some areas could be rendered uninsurable, according to Petra Hielkema, head of the European Insurance and Occupational Pensions Authority (Eiopa), quoted in the Financial Times (behind a paywall). “The EU suffered more than €50bn in economic losses from natural catastrophes in both 2021 and 2022, according … Continue reading Energy in Demand News, April 28, 2024 →

Energy in Demand News, April 21, 2024

Is it two steps forward and one step back or the reverse. The climate and energy transition is underway. The question is what way? This week in an article on the Financial Times (behind a paywall), the global financial services company J P Morgan said that the world needs a “reality check” on its move … Continue reading Energy in Demand News, April 21, 2024 →

New tool empowers regions in their energy transition across Europe

The REGIO1st Planning Framework provides a comprehensive, structured approach for regional energy planners in Europe to develop and implement sustainable, cost-effective energy strategies in line with the Energy Efficiency First (EE1st) principle. Regions and cities play a key role in the energy transition across Europe, as they are the main channel for the implementation of … Continue reading New tool empowers regions in their energy transition across Europe →

France is aiming for one million new heat pumps a year to be manufactured in the country by 2027

The French Minister of Economy and Energy, Bruno Le Maire, unveiled on Monday (15 April) the government’s plan to revive its heat pump industry, which comes amidst a slump in European heat pump manufacturing. Paul Messad discusses latest developments in an article on the Euractiv website. France’s battle plan to produce one million heat … Continue reading France is aiming for one million new heat pumps a year to be manufactured in the country by 2027 →

European Citizens’ Panel provides recommendations on energy efficiency

The European Citizens’ Panel on Energy Efficiency brings together 150 European citizens to discuss how energy may be used in the EU and how the energy system will change. The panel met three times and produced recommendations for the European Commission. 150 European citizens adopted 13 recommendations for the EC on energy efficiency during the … Continue reading European Citizens’ Panel provides recommendations on energy efficiency →

Energy in Demand News, April 14, 2024

This week Politico reported about a leaked draft report outlining the EU’s priorities for the next five years. It hardly mentions climate and shockingly only mentions “environment” as a promise to create a “business-friendly environment.” The report says that green groups are incensed. “This plan expects 20th-century military strategy to protect people from 21st-century security … Continue reading Energy in Demand News, April 14, 2024 →

Energy in Demand News, April 7, 2024

The Financial Times (behind a paywall) anticipates that the AI revolution will be a boon for natural gas, according to fossil fuel bosses. “AI’s soaring energy needs will rise well beyond what renewable energy and batteries can deliver, executives argue, making more planet-warming fossil fuel supplies crucial even as governments vow to slash their use.” … Continue reading Energy in Demand News, April 7, 2024 →

How industry can address the challenges of the energy transition

By upgrading their energy strategies, industrials can reduce energy costs, accommodate market volatility, and achieve ambitious decarbonization targets. In an article on the McKinsey website Mauro Erriquez, Alvaro Gonzalez, Diego Hernandez Diaz, and Humayun Tai describe how. Playing offense: Industrials staying ahead in the energy transition The recent market turmoil and ongoing challenges of … Continue reading How industry can address the challenges of the energy transition →

Energy in Demand News, March 31, 2024

New oil and gasfields are expected to grow fourfold despite IEA warnings, the Financial Times (behind a paywall) reported this week in their energy newsletter. At least 20 new oil and gasfields reached final investment decisions worldwide last year and “this figure to grow nearly fourfold by the end of the decade, with another 31bn … Continue reading Energy in Demand News, March 31, 2024 →