Markets

Banks lead green mortgage charge

Creating a financial market for energy efficiency in buildings through green mortgages could be the best way to ramp up building renovations and create a virtuous circle that benefits people, planet and profit

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Smoothing the way to energy efficient policies

Clean energy economy on the way, but serious challenges remain

A breath of fresh air

What our editors are reading

Official summary of latest IPCC report

Reports & books

The Summary for Policy Makers is a sobering reminder of the sheer weight of scientific evidence behind the IPPC’s latest conclusion: mankind is about to trigger a cascading series of disasters that will tip the world’s ecosystem irreversibly out of balance. But it is not too late, stresses the panel. Fast and decisive action to halt global warming at 1.5C above pre-industrial levels would likely stabilise the world for decades. At just 34 pages, it is well worth the time it takes to read.

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Capital costs fall again for solar and wind

Reports & books

Market prices for electricity from solar and wind get ever more attractive in comparison with electricity from fossil fuel and nuclear technologies. That is not only because fossil fuel prices are burdened by carbon costs and nuclear by safety costs, but also because the cost of constructing wind and solar continues to fall. Analysis of 2016 data by the US Energy Information Administration (EIA) provides useful evidence for the downward trend. It also reveals that construction costs for gas went up.

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Denmark demonstrates how

Reports & books

Despite a hot summer in Denmark with little wind, the country’s wind turbines supplied more electricity than coal, gas, solar and biomass combined, reports the national wind turbine owners association in a briefing note. Although the 1653 GWh of wind energy provided in June and July compares poorly with the 2167 GWh from the same, but windier, period in 2017, the total wind production was still three times more than the next largest volume from a single electricity producing technology, natural gas.

See datasets for production and consumption here

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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

New gas infrastructure risks fossil fuel lock in

The IPCC report makes it clear global warming needs to be kept below 1.5C and that renewables and energy efficiency must replace fossil fuels. Europe continues, however, to invest in gas infrastructure, potentially jeopardising decarbonisation and the clean energy transition

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Learning out loud

Support and financial backing for regions to innovate together is necessary if Europe is to massively increase climate action, argues Kirsten Dunlop, Chief Executive Officer at Climate-KIC

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Investment in energy efficiency could be key to carbon tax success

An ambitious tax on carbon emissions globally and the reinvestment of carbon revenues in energy efficiency could be game changers for the energy transition even if most countries still remain reluctant to entertain such ideas

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Ensuring land use planning and transport policies are on the same page is vital if Auckland, New Zealand is to reduce emissions and meet its low carbon goals

Driving the transition

Ensuring land use planning and transport policies are on the same page is vital if Auckland, New Zealand is to reduce emissions and meet its low carbon goals

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Governments should step in to make homes energy efficient

National governments are failing their citizens, ignoring their international emissions reduction pledges and leaving banks open to greater financial risk by not renovating homes, says Céline Carré, President at EuroACE and Head of European Public Affairs at Saint-Gobain

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Populist politics must not be allowed to interfere with EU plans to increase energy efficiency gains in buildings, argues Adrian Joyce, Director of the Renovate Europe Campaign

Changed political dynamics could threaten energy efficiency

Populist politics must not be allowed to interfere with EU plans to increase energy efficiency gains in buildings, argues Adrian Joyce, Director of the Renovate Europe Campaign

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Standards forcing landlords to make buildings more energy efficient would benefit the climate and tenants, say Jan Rosenow from the Regulatory Assistance Project (RAP) and Sibyl Steuwer from the Buildings Performance Institute Europe

Building efficiency is crucial to a fair energy transition

Standards forcing landlords to make buildings more energy efficient would benefit the climate and tenants, say Jan Rosenow from the Regulatory Assistance Project (RAP) and Sibyl Steuwer from the Buildings Performance Institute Europe

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Merging new technologies and traditional building techniques makes buildings more energy efficient, say Sandra Piesik, editor of “HABITAT: Vernacular Architecture for a Changing Planet”, and colleague Karen Rizvi

Marry old and new building techniques for big energy savings

Merging new technologies and traditional building techniques makes buildings more energy efficient, say Sandra Piesik, editor of “HABITAT: Vernacular Architecture for a Changing Planet”, and colleague Karen Rizvi

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Science

The potential to power planes with clean synthetic fuels

Reducing emissions from the ever growing aviation sector is no easy task. Renewables-based synthetic kerosene production is one solution currently being explored

FORESIGHT Climate & Energy Autumn 2018

A breath of fresh air

The future of wind energy in the EU

Despite some clouds, India’s solar sector will continue to shine

The skills we need for tomorrow’s wind industry

Make the North Sea the Silicon Valley of offshore wind power

The big picture

Tübingen gives rooftop solar an extra nudge

Clean energy economy on the way, but serious challenges remain

A way for companies to buy green electricity that really makes a difference

Low prices for renewables are great news, but mean new challenges for industry and policy makers