Policy

The dangers of using a sharp instrument

Auctions of power purchase contracts as a price-setting mechanism for wind energy are proving to be sharp tools for driving down cost. But sharp tools need handling with care

FORESIGHT Climate & Energy Business Summer / Autumn 2017

Using less energy to create each unit of economic wealth is one of the fastest and cheapest ways of bringing down CO2 emissions. For every dollar invested in energy-saving technology the return is two to four dollars. Yet the rich rewards of energy efficiency remain a largely hidden opportunity. The current issue of FORESIGHT Climate & Energy Business takes a good hard look at why investment in energy efficiency is such a hard sell and what needs to be done to unleash the enormous potential of a global business sector just waiting for take-off. FORESIGHT uncovers the way forward. Experience the new magazine of record for international energy professionals. 

We face a fundamental change of the cost structure on the supply side and a need for a fundamental change.

Jochen Kreusel

- Market innovation manager in the power grids division at ABB Power

They [the European Commission] are looking at this stuff backwards. I still think they are convinced the short-term market model could work even though they are also starting to realise that you need something parallel, with long term price signals that give investors confidence to invest in infrastructure and allow them to see a decent market return.

Francesco Venturini

- Global head of renewables for Italian utility Enel

Despite tremendous cost decline of wind and solar technologies, electricity prices will probably remain too low to attract the level of investment needed.

Fatih Birol

- Executive director of the International Energy Agency

The greatest barrier to overcome is the integration of variable renewables into electricity systems. This will require developing power system flexibility and also a friendly deployment of variable renewables.

Fatih Birol

- Executive director of the International Energy Agency

The shaky case for negative emissions

Achieving negative emissions could bridge the gap for meeting global warming targets, but could also be a dangerous distraction

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A waste incinerator with a rooftop ski run

A unique engineering project has raised the bar for efficient energy capture from incineration of garbage and provided a sports facility in an urban location

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Spending pennies to save pounds

The payback period for energy saving investments can be painfully long and the risk of no payback frighteningly big. There are ways to tear down both barriers. Energy efficiency part 1/5

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Circular funding of energy savings

The value of energy-saving improvements at a shopping mall is sufficient to pay back the loan from the contractor that carried out the work and financed it

Read more

Business

Investors hungry for offshore wind

Once seen as exotic fare, offshore wind investments have become a staple diet for pension funds. New types of investor are moving their chairs up to the table

Homes wanted for power hungry data centres

Vehicle to grid experiment with global perspectives

07/July/2017
Business

Variable pricing reduces variability of wind output

07/July/2017
Energy efficiency, Transition

Scandinavia shows the way for clean transport

07/July/2017
Energy efficiency, Transition

In the hands of engineers

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