The Brussels-based European Round Table for Industry this week published two new reports by the Boston Consulting Group that lay out the state of play and articulate the challenges in Europe’s energy transition. As the countdown continues to the European elections and appointment of the next European Commission later this year, the European Round Table … Continue reading Europe needs €800bn to meet 2030 climate targets, says industry
Category: energy transition
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
“If we are to have any chance of reaching the Paris Agreement goals, we will have to reward those who play the game and penalize those who do not”
In an article on the Le Monde website, finance expert Laurent Babikian proposes rewarding companies who make efforts to decarbonise and penalizing those who don't. What are your views? Climate: 'The most effective way of reaching the Paris Agreement would be variable price business models' To achieve the Paris Agreement, greenhouse gas emissions (GHG) … Continue reading “If we are to have any chance of reaching the Paris Agreement goals, we will have to reward those who play the game and penalize those who do not”
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
“Ignore Energy Performance Certificate advice”: new Government policy?
The UK government has reversed its advice on improving the energy performance of buildings in order to increase the uptake of heat pumps. Andrew Warren writes on the Business Green website how the British Energy Efficiency Federation, of which he is Chairman, is questioning the analysis that led to the change in consumer advice. What … Continue reading “Ignore Energy Performance Certificate advice”: new Government policy?
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
The Steam Age never really ended
Andreas Helwig, Associate Professor, Electro-Mechanical Engineering, University of Southern Queensland writes a convincing article on The Conversation website that argues that we are still living in the steam age. What are your views? Even as the fusion era dawns, we’re still in the Steam Age Steam locomotives clattering along railway tracks. Paddle steamers churning … Continue reading The Steam Age never really ended
“Romania’s justification for not implementing measures to reduce energy consumption in recent years, as other EU countries have done, is not convincing”
Catalina Mihai writes on the Euractiv website about reaction to Romania’s justification for not reducing natural gas use. And there are no plans to reduce its gas consumption in the future. Romania’s pretext for not taking steps to reduce energy consumption slammed Romania’s justification for not implementing measures to reduce energy consumption in recent … Continue reading “Romania’s justification for not implementing measures to reduce energy consumption in recent years, as other EU countries have done, is not convincing”
New publication on updating the energy poverty and energy efficiency framework in rural areas across the EU
Energy poverty is a complex and multidimensional phenomenon caused by various factors. It is defined as a situation in which households are unable to access essential energy services and products. Despite widespread recognition and discussion of the topic, there are still several gaps in knowledge and practice. One aspect of energy poverty that remains largely … Continue reading New publication on updating the energy poverty and energy efficiency framework in rural areas across the EU
Recent modelling shows that domestic peak heat demand in UK is almost 50% lower than widely cited values
A recent article on the Cell Press website provides valuable insight into the impact of 100% electrification of domestic heat in the UK. Decarbonising heat in particular is often perceived as a daunting task since natural gas serves between 60 and 80% of the domestic heat sector in countries like the UK. While there has … Continue reading Recent modelling shows that domestic peak heat demand in UK is almost 50% lower than widely cited values
