Blog Archives

E.ON becomes the first big energy company to break ranks with a U-turn on energy transition, trouble of all sorts for shale, Lima climate summit gears up in face of the hottest year ever, BP & Shell in disfavour with the Church, viable future for oil and gas giants questioned in FT: Week 48, 2014

Typhoon Hagupit forces a million Philippinos to flee their homes. For the third climate summit running, the nation suffers a devastating storm. “UN climate talks call future of energy majors into question”: FT. “ExxonMobil and Shell would cease to exist

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India now seeks 100GW of PV by 2022.

Bloomberg: “India said its renewable-energy industry must eventually learn to live without government support and that it’s seeking to generate five times more power from solar by 2022 than its previous target.”

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China climate pledge would require 50,000 solar farms.

Bloomberg: China, which does nothing in small doses, will need about 1,000 nuclear reactors, 500,000 wind turbines or 50,000 solar farms as it takes up the fight against climate change.”

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‘Solar century’ beckons as costs continue to fall – UK energy secretary.

PV Tech: The UK’s energy and climate change secretary, Ed Davey, has said he believes solar power is on course to become the cheapest form of energy.”

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UK’s lithium-titanate battery en route to industrial-scale energy storage?

Guardian: “Across the world, efforts are underway to improve the way we store and distribute energy, as we move towards more sustainable but intermittent forms of energy generation, such as wind and solar power.”

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Ten years of watching unrealistic scenarios in IEA World Energy Outlooks.

David Macleod for Resilience: “The International Energy Agency (IEA) is the energy watchdog of the industrial world. The developed nations of the world were caught off guard by the oil crisis of 1973.”

Posted in Chronicle, Clean Energy, Climate, Coal, Finance, Gas, Nuclear, Oil

Coal isn’t the way out of energy poverty: Carbon Tracker report.

Carbon Tracker press release (no url): “Rural communities in Africa and India suffering most from a lack of modern energy can exploit the falling costs of renewable power, to access electricity without the need for expensive grid transmission networks, new

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China targets 8 GW of rooftop solar this year.

Bloomberg: ” China, the world’s biggest solar market for two years running, is pushing to install more panels at factories, schools and even greenhouses as it seeks to meet its goals under a historic climate agreement with the U.S.”

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Breathing space from non-OPEC oil output is “illusory”.

Mark Lewis for Kepler Cheuvreux (no url): “The IEA yesterday released its 2014 World Energy Outlook (WEO), the annual benchmark reference document for energy-market practitioners.”

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BMW “likely to phase out internal combustion engines over next 10 years.”

EV News: “During a recent interview with CNBC.com , mutual fund manager Ron Baron of Baron Capital revealed that two of his analysts recently visited BMW in Germany and the BMW financial team believes that a “revolution in the drive train

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