Policy

Changing minds about changing behaviour

The IPCC highlights behavioural change as key to the energy transition, yet economics and modelling still tend to lead policy making rather than inputs from social sciences. Dealing with energy in conjunction with other policies such as health, education and employment could help to change this

Most read this month

Banks lead green mortgage charge

Investment in energy efficiency could be key to carbon tax success

Driving the transition

What our editors are reading

Energy efficiency can double energy’s economic value

Reports & books

Efforts to deploy the right energy efficiency policies could see emissions peak quickly and then fall while the global economy doubles, says the IEA. Energy Efficiency 2018 finds that efficiency gains could allow the world to extract twice as much economic value from the energy it uses. This would reduce energy bills by more than $500 billion dollars a year, lower energy imports and cut air pollution. The report sets out a vision for 2040 with 60% more building space, 20% more people and double global GDP, while using only marginally more energy and cutting emissions by 12%.

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Oil, gas sector spends little on low carbon assets

Reports & books

CDP has updated its ranking of the world’s largest publicly listed oil and gas companies against their readiness for the low-carbon transition. Norway’s Equinor comes out top, with Total, Shell and Eni closely following. European companies come out on top, pivoting portfolios towards gas, setting climate-related targets and investing in low-carbon technologies. Since 2010, the 24 ranked companies have invested $22 billion in alternative energies, but spending on low-carbon assets for the sector as a whole will account for only 1.3% of total 2018 CAPEX.

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Latest impartial evidence on cost of energy

Reports & books

Verified and current information on the full system-cost of electricity production and delivery, from the power plant to the wall socket is surprisingly hard to come by. Yet forging energy policy without this is like shooting in the dark. To shed light, researchers at the University of Texas have developed a comprehensive cost of energy methodology. One result is a colour coded map for the entire US: wind generation is cheapest where it is windy, solar cheapest where it sunny, with mainly gas filling in the gaps. 

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Main Partners

Supporting the mission and journalistic principles behind FORESIGHT Climate & Energy

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

Latest articles

The clean energy transition: good for business, communities and the economy

Diversifying economies, particularly those that are fossil fuel-rich, is not easy, but solutions exist and the move from brown to green energy will benefit business and bring near-term benefits such as cleaner air and new jobs, underline experts from the New Climate Economy

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Wave power struggles to prove its viability

While solutions are being found to many of the technological issues that have challenged wave power, the industry is still struggling to justify the investment required compared to the potential electricity generated

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The focus on awarding contracts to the lowest bidders among established renewables technologies under Europe’s auctions of power purchase contracts could prevent less developed forms of renewable energy from reaching their potential

Strength in diversity

The focus on awarding contracts to the lowest bidders among established renewables technologies under Europe’s auctions of power purchase contracts could prevent less developed forms of renewable energy from reaching their potential

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Investors are playing an important role in encouraging companies to integrate the transition to a clean energy economy into business strategies and capital expenditure planning, says Ingrid Holmes, Head of Policy and Advocacy at Hermes Investment Management

Investors pushing the energy transition

Investors are playing an important role in encouraging companies to integrate the transition to a clean energy economy into business strategies and capital expenditure planning, says Ingrid Holmes, Head of Policy and Advocacy at Hermes Investment Management

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After achieving its own clean energy transition, the Danish island of Samsø is now advising towns and regions worldwide how to follow in its footsteps, and sees its next role as a test ground for innovative energy solutions

Lessons from an island go around the world

After achieving its own clean energy transition, the Danish island of Samsø is now advising towns and regions worldwide how to follow in its footsteps, and sees its next role as a test ground for innovative energy solutions

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The world is awash with capital, but a lack of clarity about what really is a green investment is stalling much needed investment in low carbon infrastructure. Taxonomies can offer some much needed clarity says Sean Kidney, Co-founder and CEO of the Climate Bonds Initiative

No shortage of capital

The world is awash with capital, but a lack of clarity about what really is a green investment is stalling much needed investment in low carbon infrastructure. Taxonomies can offer some much needed clarity says Sean Kidney, Co-founder and CEO of the Climate Bonds Initiative

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Consumers will become more active market players as the amount of renewable energy in the grids increases, providing, for a fee, greater flexibility for power systems and increasing decarbonisation

Power On Demand

Consumers will become more active market players as the amount of renewable energy in the grids increases, providing, for a fee, greater flexibility for power systems and increasing decarbonisation

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Reforms to Europe’s carbon trading system have pushed up prices. Gas was expected to be the main beneficiary, but wind and solar may be the real winners given challenges in the gas market and the falling price of renewables

Wind and solar could be biggest winners from carbon market reforms

Reforms to Europe’s carbon trading system have pushed up prices. Gas was expected to be the main beneficiary, but wind and solar may be the real winners given challenges in the gas market and the falling price of renewables

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Business

Cement industry finds it difficult to ditch bad habits

The cement sector has accepted the size of its carbon footprint, but it will take greater pressure from regulators and NGOs to force the industry to totally change its ways

A new lease of life

Banks lead green mortgage charge

New gas infrastructure risks fossil fuel lock in

Learning out loud

Investment in energy efficiency could be key to carbon tax success

Driving the transition

Governments should step in to make homes energy efficient

Changed political dynamics could threaten energy efficiency

Building efficiency is crucial to a fair energy transition

Marry old and new building techniques for big energy savings

The potential to power planes with clean synthetic fuels

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