An important threat to the EU’s ecological and energy transition comes from the alarming number of Chinese and US companies moving into the EU power sector

In an article on The Conversation website, Carine Sebi, Professeure associée et coordinatrice de la chaire « Energy for Society », Grenoble École de Management (GEM) and Patrick Criqui, Directeur de recherche émérite au CNRS, économiste de l’énergie, Université Grenoble Alpes (UGA) write about the influence American and Chinese companies are having in the EU. … Continue reading An important threat to the EU’s ecological and energy transition comes from the alarming number of Chinese and US companies moving into the EU power sector →

Energy in Demand News, May 5, 2024

A three year US congressional investigation finds that the world’s largest oil groups had privately acknowledged for decades that burning fossil fuels causes climate change. The findings followed a three-year probe that unearthed internal documents from the major energy companies with evidence of concerted campaigns “to confuse and mislead the public while working unceasingly to … Continue reading Energy in Demand News, May 5, 2024 →

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 →

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 →

New global report on renewables from REN21

The Global Overview of the Renewables 2024 Global Status Report was published this week by REN21. It finds that persistent obstacles are preventing renewables from keeping pace with rising energy demand, leading to increase in GHG emissions. Policy responses to geopolitical developments and global commitments accelerated the deployment and use of renewable energy in 2023, … Continue reading New global report on renewables from REN21 →

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 →

Energy in Demand News, March 17, 2024

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 →

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 →