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 →

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 →