Opinion

Ten steps to become a carbon neutral business

Sustainable business means taking responsibility for your impact. This is the definition of carbon neutrality: reducing your emissions as much as possible and compensating for the rest.

Most read this month

Real life vehicle-to-grid seeks market opportunities

Small is not always beautiful

Modernising the grid without breaking the bank

What our editors are reading

The European Power Sector in 2018

Reports & books

Replacing coal with renewables is the fastest way to cut emissions, concludes an evaluation of the EU’s electricity system in 2018 by Agora Energiewende and Sandbag. In six years, Europe’s annual CO2 emissions from coal power plants have fallen by 250 million tonnes and for the first time in 2018 wind and solar power were comparable to existing coal and gas generation costs. But growth in renewables must increase substantially to meet the EU’s goal of covering 32% of energy demand with renewables by 2030. 

Link to source

Where does change start if the future is already decided?

Reports & books

The future is “decarbonised, decentralised and electric” and distribution system operators (DSOs) will be at the heat of this transformation, says a report from consultancy EY. Drafted with input from European DSOs, the latter are urged to get ready now and make concrete plans to enable a successful energy transition. The next five years will be critical for DSOs, which must continue to develop and operate the network in a reliable, affordable and sustainable way, while building a grid that is fit for the future, says the report.

Link to source

BP Shareholder Resolution

Reports & books

BP will support a call from institutional investors to disclose how its policies and spending plans align with the 2015 Paris climate agreement. The company’s board will back a resolution at its annual general meeting in May to broaden its corporate reporting. The resolution says investors remain concerned BP has not demonstrated that its strategy, “which includes growth in oil and gas as well as pursuing low carbon businesses”, is consistent with the Paris goals. It also highlights potential discrepancies between its pledge “to power economic growth and lift people out of poverty” given climate vulnerabilities in developing countries. 

Link to source

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

Blockchain in energy

Spanish utility Iberdrola is testing the use of blockchain to show customers exactly where their wind energy is produced. Francisco Hernanz, Head of Renewable Energy Management at the company, highlights the importance of innovation

Read more

The Dutch Energiewende: Goodbye to natural gas

The Netherlands faces an unprecedented transformation as it aims in the next 30 years to switch off its gas supplies in favour of cleaner fuels

Read more

Set up at the end of the Cold War, the Energy Charter Treaty, without significant reform, is now largely irrelevant and doing more harm than good to the energy transition, argues Sarah Keay-Bright, independent consultant and previously expert at the Energy Charter Secretariat

Energy Charter Treaty and the energy transition: reform, then exit?

Set up at the end of the Cold War, the Energy Charter Treaty, without significant reform, is now largely irrelevant and doing more harm than good to the energy transition, argues Sarah Keay-Bright, independent consultant and previously expert at the Energy Charter Secretariat

Read more

Schleswig-Holstein, Germany is testing how a 100% renewable power system can be achieved with internal low voltage distribution networks, flexible consumption and generation from local production points

Fail safe renewable energy power systems

Schleswig-Holstein, Germany is testing how a 100% renewable power system can be achieved with internal low voltage distribution networks, flexible consumption and generation from local production points

Read more

Parked electric vehicles plugged into the electricity network with charged batteries could sell stored power back through the network. Nissan is the first to qualify a car battery system to sell its stored power into an existing market for primary regulation services to maintain grid frequency

Real life vehicle-to-grid seeks market opportunities

Parked electric vehicles plugged into the electricity network with charged batteries could sell stored power back through the network. Nissan is the first to qualify a car battery system to sell its stored power into an existing market for primary regulation services to maintain grid frequency

Read more

Businesses should take full advantage of the EU’s place as an energy transition leader, write Sami Andoura and Philipp Offenberg from the European Political Strategy Centre, the European Commission’s think-tank

Accelerating the transformation to a climate neutral economy

Businesses should take full advantage of the EU’s place as an energy transition leader, write Sami Andoura and Philipp Offenberg from the European Political Strategy Centre, the European Commission’s think-tank

Read more

Cooperation and social justice are at the heart of plans by the historic university city of Leuven, Belgium to become carbon neutral

Mission possible: Leuven’s strategy for carbon neutrality

Cooperation and social justice are at the heart of plans by the historic university city of Leuven, Belgium to become carbon neutral, as is the radical idea of giving owners no choice but to energy-renovate their homes

Read more

A start-up based in Scotland is confident it has found an affordable silver bullet to allow the world’s grids to deal with massive amounts of renewables, but system operators are not so sure

Modernising the grid without breaking the bank

A start-up based in Scotland is confident it has found an affordable silver bullet to allow the world’s grids to deal with massive amounts of renewables, but system operators are not so sure

Read more

Markets

Small is not always beautiful

Banks in Europe claim they are comfortable with lending to renewable energy projects financed on the back of corporate power purchase agreements, but only if the purchaser is a large entity or utility

Incapacitated markets

Working multilaterally for a successful smart city

Disruptive definitions

Multiple benefits

Mobilising money

Seagrass beats rainforests as carbon sink

A perfect match: Using carbon revenues to finance energy efficiency

Working together for economic and climate goals

The great potential of autonomous mobility

Sustainable in a generation

Energy infrastructure for a climate neutral Europe

Processing...
Thank you! Your subscription has been confirmed. You'll hear from us soon.
SUBSCRIBE TO NEWSLETTER
Sign up to the FORESIGHT Climate & Energy Newsletter. Get free opinion pieces and photo essays. You will also be the first to know when new expert articles are published.
ErrorHere