Bain’s annual survey of 600-plus executives in oil and gas, utilities, chemicals, mining, and agribusiness, taken during COP28 and the weeks after is cause for concern. From that corporate perspective, the energy transition looks slower as it becomes even more difficult to ensure adequate investment returns, and progress diverges across a fragmenting world. About 62% … Continue reading Energy in Demand News, March 17, 2024
Category: energy transition
Blog by Jane Marsh: What You Need to Know About the World’s First Sustainable Gas Pipeline
The global energy landscape is swiftly pivoting toward sustainable solutions, aiming to reduce carbon footprints and combat climate change. Launching the world’s first sustainable gas pipeline is a landmark achievement in this transformative era. This pioneering project underscores France’s commitment to green energy and sets a new benchmark for the global energy sector. The Need … Continue reading Blog by Jane Marsh: What You Need to Know About the World’s First Sustainable Gas Pipeline
Energy in Demand News, March 10, 2024
The World Trade Organization's Thirteenth Ministerial Conference (MC13) recently took place in Abu Dhabi (February 26-March 2). In its energy update, the International Institute for Sustainable Development (IISD) wrote that “fossil fuel subsidy reform conversations have made marked progress at the WTO. Last week, the Fossil Fuel Subsidy Reform initiative—comprised of 48 members—delivered a new … Continue reading Energy in Demand News, March 10, 2024
Addressing consumer fatigue: with 70% of the expected benefits of the energy transition to be driven by changes in consumer consumption re-engaging households is key
Recent research by EY shows that there is a need to better connect with consumers in the energy transition. A collaborative, holistic approach to the energy transition, with consumers at the core, is how we will accelerate progress toward a fairer, greener, and better energy system that delivers more value for everyone. Beth Anton discusses … Continue reading Addressing consumer fatigue: with 70% of the expected benefits of the energy transition to be driven by changes in consumer consumption re-engaging households is key
China lagging behind goal to reduce energy intensity
Matteo Civillini writes on the Climate Home News website that the Chinese government aims to cut the amount of energy needed for its economic growth by 2.5% in 2024, putting it far off track for a key five-year climate target. China steps away from 2025 energy efficiency goal China looks set to miss one … Continue reading China lagging behind goal to reduce energy intensity
Majority of UK businesses unaware of support available to improve energy performance
This is quite a worrying concern. A survey of 503 UK businesses shows that 62% are unaware of government energy efficiency supports, with 47% deterred by cost concerns from investing in green upgrades. Dimitris Mavrokefalidis discusses the survey in an article on the Energy Live News website. Have you found the same level of awareness … Continue reading Majority of UK businesses unaware of support available to improve energy performance
Energy in Demand News, March 3, 2024
The bad news from the IEA this week is that, globally, CO2 emissions increased by 410 million tonnes, or 1.1%, in 2023. The good news from the IEA is that global energy-related CO2 emissions rose less strongly in 2023 than the year before even as total energy demand growth accelerated. IEA analysis shows that the … Continue reading Energy in Demand News, March 3, 2024
Germany plans to allow carbon capture and sub-seabed storage technology in certain industries
In a news item on the Deutsche Welle website we get another view of carbon capture. German Economy Minister Robert Habeck says Berlin will need to allow sub-seabed storage of CO2 produced in certain industries in order to reach its goal to be carbon neutral by 2045. Germany to allow carbon capture, underwater storage … Continue reading Germany plans to allow carbon capture and sub-seabed storage technology in certain industries
How effective is carbon capture and storage as a means to decarbonise our economies?
In an article on the Scientific American website, Naomi Oreskes, professor of the history of science at Harvard University, argues that fossil-fuel companies use captured carbon dioxide to extract more fossil fuels, leading to a net increase in atmospheric CO2. Is this your view? The False Promise of Carbon Capture as a Climate Solution … Continue reading How effective is carbon capture and storage as a means to decarbonise our economies?
Energy in Demand News, February 25, 2024
This weekend sees the first of three sessions of the European Citizens' Energy Efficiency Panel in Brussels with 150 European citizens discussing how energy may be used in the EU and how the energy system should change. Participants are focusing on different aspects of energy efficiency that consumers might encounter at home, in communities or … Continue reading Energy in Demand News, February 25, 2024
