Discover and read the best of Twitter Threads about #energytransition
Most recents (24)
1/10 Battery storage in the Texas power market very likely to be a poor investment, but over 100,000 MW is now in the interconnection queue. Let's break down this down.⚡️🔋 #energytransition
2/10 It’s always been easy to develop power generation in Texas. Most battery storage projects are targeting a slim ancillary services market with a total of about 5k MW with over 3k MW already in operation. When supply > demand in power markets prices quickly collapse.
3/10 Long-lived assets to avoid saturating their market and collapsing profitability they need deep and durable markets. Yet in ERCOT, there's no capacity market (the deepest market). What's left is the energy market. But can it provide the necessary support? 🏭💡 #EnergyPolicy
Nature restoration and #windenergy go hand in hand. 🤝 🌏
With its Nature Restoration Law the EU is planning new legislation to restore Europe’s natural #ecosystems. What's the role of wind energy in this process?
A thread 🧵👇
windeurope.org/newsroom/press…
With its Nature Restoration Law the EU is planning new legislation to restore Europe’s natural #ecosystems. What's the role of wind energy in this process?
A thread 🧵👇
windeurope.org/newsroom/press…
The European Commission has proposed binding #restoration targets for specific habitats and species. The EU now aims to restore 30% of the EU’s degraded areas, and ultimately all ecosystems in need of restoration by 2050.
windeurope.org/newsroom/press…
windeurope.org/newsroom/press…
The @EPPGroup in the @Europarl_EN has suggested the 30% nature restoration target and the #energytransition were incompatible.
This is fundamentally wrong (!). Nature restoration and the expansion of #windenergy go hand in hand.
This is fundamentally wrong (!). Nature restoration and the expansion of #windenergy go hand in hand.
🚨📝NEW PAPER 📝🚨
Recent study present an analysis of “the gap between the CO2 storage required to meet net zero targets and the slow maturation of regional storage resources.”
#NetZero
#EuropeanGreenDeal
#CarbonDioxideStorage
#EnergyTransition
🧵 1/12
Recent study present an analysis of “the gap between the CO2 storage required to meet net zero targets and the slow maturation of regional storage resources.”
#NetZero
#EuropeanGreenDeal
#CarbonDioxideStorage
#EnergyTransition
🧵 1/12
Researchers estimate that “European storage rates need to boost 30-100x by 2030 to meet #NetZero by 2050. 🇨🇳 & North America face a similar challenge. The slow global progress of #CarbonStorage undermines the latest IPCC, IEA & EU transition pathways to net zero by 2050.”
2/12
2/12
“These pathways imply a radically in teased demand for carbon capture and storage & #NegativeEmissionTechnologies (#NETs), contributing 500 of 700 megatonnes of #CarbonDioxideRemoval annually by 2050.”
3/12
3/12
Tomorrow, @KornelisBlok's 40+ years of wide-ranging, thorough, and groundbreaking work on the energy transition will come together in his "Need for Speed" lecture. Recommended!
Time: 15:00 CEST
Link: lnkd.in/e6hbsKQc
#energytransition #tudelft
Time: 15:00 CEST
Link: lnkd.in/e6hbsKQc
#energytransition #tudelft
Time to tune in!
.@KornelisBlok's 1984 analysis of 100% renewable energy for the Netherlands! Including heat pumps and electrolysis.
One of the biggest challenges for #solar and #wind is integrating more renewable energy into the power system. How can we do this effectively? #renewableenergy #cleanenergy
To encourage the buildout of renewables, we need strong financial incentives. Finding the right mechanisms is crucial for a successful energy transition. #renewableenergy #financialincentives
Impressive! #Denmark consistently meets 85% of its weekly energy needs from #renewables. They are leading the way in sustainable energy production. #cleanpower
Is it costly?Will it work? Keynesians sitting at the Dept of Energy are the not so secret engine of the energy transition in the US.
Terrific Jigar Shah profile on how to take measured risks with public risk-bearing capacity crowding in private sector
nytimes.com/2023/05/11/cli…
Terrific Jigar Shah profile on how to take measured risks with public risk-bearing capacity crowding in private sector
nytimes.com/2023/05/11/cli…
We mention in our talk how Dept of Energy is secret engine of #EnergyTransition. IRA supercharges its authority to put full faith & credit of US govt behind pvt projects for the public good.
Jigar Shah on Odd Lots ht @tracyalloway
podcasts.apple.com/us/podcast/odd…
Jigar Shah on Odd Lots ht @tracyalloway
podcasts.apple.com/us/podcast/odd…
🧵| What lessons can the 🇺🇸#US learn from the 🇪🇺#EU's 🔆#EnergyTransition?
As states and the Biden administration move towards #electrification, the US needs to rapidly expand its electric⚡️#grid to tap the potential of 🌱#renewables and lower carbon emissions.
As states and the Biden administration move towards #electrification, the US needs to rapidly expand its electric⚡️#grid to tap the potential of 🌱#renewables and lower carbon emissions.
2/5 | New York recently became the first US state to require its public power provider to generate all electricity from clean energy by 2030.
This will require more connections between renewables and the 🔌#grid.
More from @aliyaute in @GuardianUS👇
theguardian.com/us-news/2023/m…
This will require more connections between renewables and the 🔌#grid.
More from @aliyaute in @GuardianUS👇
theguardian.com/us-news/2023/m…
3/5 | Plugging in 🚙cars, 🏠homes, and 🏭factories to renewables is a cornerstone of Biden’s plan to cut emissions, which means electricity demand in the US could roughly double by 2050, even as overall energy use goes down.
🔗@PopovichN & @bradplumer👇
nytimes.com/interactive/20…
🔗@PopovichN & @bradplumer👇
nytimes.com/interactive/20…
Today and tomorrow, @G7 #Energy ministers meet in #Japan – a country, often considered a “laggard” on #energytransition. What is 🇯🇵’s energy system like and why is it so reluctant to step up #decarbonisation of its economy? A 🧵 1/19
env.go.jp/en/earth/g7/20…
env.go.jp/en/earth/g7/20…
The “usual” arguments by the 🇯🇵 government when confronted with lack of both action and ambition on #energytransition:
1. #Japan is resource-poor
2. Japan’s geography limits #renewables build-out
3. Technologies & Innovation will solve the transition
How true are they? 2/19
1. #Japan is resource-poor
2. Japan’s geography limits #renewables build-out
3. Technologies & Innovation will solve the transition
How true are they? 2/19
Japan is indeed poor in some resources, most notably #fossilfuels. Fossil fuel based, its energy system is 88% dependent on #oil, #LNG and #coal imports. It has one of the least self-sufficient energy systems, dependent on #oil & gas from #MiddleEast & #coal from #Australia. 3/19
.@TIME has just named @petrogustavo one of 100 Most Influential People of 2023🇨🇴👏🏽
One of the reasons: the Colombian President's forward-thinking climate policy, which paves the way for building fossil fuel free future 🧵⬇️
time.com/collection/100…
One of the reasons: the Colombian President's forward-thinking climate policy, which paves the way for building fossil fuel free future 🧵⬇️
time.com/collection/100…
@GabrielBoric 🇨🇱says of his Colombian counterpart:
“Gustavo dares to speak about complex issues [....] and the imperative to care for the environment in the context of a global climate crisis. He’s a leader who makes difficult decisions and learns fast.”
time.com/6189763/colomb…
“Gustavo dares to speak about complex issues [....] and the imperative to care for the environment in the context of a global climate crisis. He’s a leader who makes difficult decisions and learns fast.”
time.com/6189763/colomb…
In Latin American, where the extractivist economy is the rule, @petrogustavo’s proposal to phase-out #FossilFuels is indeed against the tide.
I recently spent two weeks in #Zambia, mainly in Lusaka, meeting clients, conducting research, speaking to government officials. Here are some of my key takeaways 🧵🇿🇲
DEBT - this issue came up everywhere, and with good reason. Not only is it driving macroeconomic instability, but the government is nowhere near concluding a deal. And why? Because its largest creditor, #China, isn't happy with the terms laid out by the G20.
It's NB to note Chinese debt is both bilateral (i.e. issued by govt) and private (e.g., held by companies/individuals). Govts generally don't mind debt repayments being deferred, but private creditors are different - they usually want their money back sooner, even at a loss.
🌐 Natural Gas vs. Hydrogen Pipeline Design: Comparing European Design Standards ⚡️
🍃 Fueling Tomorrow: Decoding the Pipeline Design Challenge 🔍
👋 Welcome! 1/14
🍃 Fueling Tomorrow: Decoding the Pipeline Design Challenge 🔍
👋 Welcome! 1/14
Europe is rapidly moving towards substituting hydrogen 💧 for natural gas 🔥 as part of its ambitious clean energy transition 🌱.
In this thread, we'll explore the differences between:
Natural gas pipeline design using EN 1594 🏭
Hydrogen pipeline design using EN 16726 🌿 2/14
In this thread, we'll explore the differences between:
Natural gas pipeline design using EN 1594 🏭
Hydrogen pipeline design using EN 16726 🌿 2/14
As the energy landscape evolves, understanding these distinctions is crucial for engineers, designers, and industry professionals. 3/14
The EIA released its Annual Energy Outlook
Here's 15 forecasts that went right and wrong over the past decade - a thread #oott #oil #natgas #renewables
Oil Demand: In 2011, oil demand was forecast to be 19.1 Mbbls/d by 2022 (actual: 17.7 Mbbls/d)
Here's 15 forecasts that went right and wrong over the past decade - a thread #oott #oil #natgas #renewables
Oil Demand: In 2011, oil demand was forecast to be 19.1 Mbbls/d by 2022 (actual: 17.7 Mbbls/d)
Part of the energy revisions reflect changes to U.S. population growth (which has been revised down 6% since the 2018 - the first year with forecasts out to 2050). By 2050, U.S. population is expected now at 370 mln vs. 395 mln people previously.
🚨Study on future options and costs of energy imports for Germany🚨
Our study comparing future options for energy imports to Germany and their costs has finally passed peer-review and is now published.
A thread 🧵
Our study comparing future options for energy imports to Germany and their costs has finally passed peer-review and is now published.
A thread 🧵
🔑Key findings
- Germany has many options for import
- No one-size-fits-all: Costs strongly depend on what and from where you import
- Costs for renewable alternatives and prices for fossil counterparts converged in last year
(visualisation created with AI b/c it's trendy)
- Germany has many options for import
- No one-size-fits-all: Costs strongly depend on what and from where you import
- Costs for renewable alternatives and prices for fossil counterparts converged in last year
(visualisation created with AI b/c it's trendy)
↩ Service: Availability
Study is open-access, available in @PLOSONE :
doi.org/10.1371/journa…
All code and data of course are published as #opensource and #OpenData , see the article for details. @openmod
Together with @Michael_Dueren (@jlugiessen) and @nworbmot (@TUBerlin)
Study is open-access, available in @PLOSONE :
doi.org/10.1371/journa…
All code and data of course are published as #opensource and #OpenData , see the article for details. @openmod
Together with @Michael_Dueren (@jlugiessen) and @nworbmot (@TUBerlin)
Tomorrow, global fossil fuel pusher General Electric (GE) is holding its annual ‘investor conference’, a high-stakes event at which the company will try to paint itself as a green, clean energy leader to investors. @generalelectric and @GE_Vernova risk hurting communities
#TheEnergytoChangetheWorld is generated by wind and solar, not dirty fossil gas and LNG as @GE_Vernova plans for our future. Investors, urge @generalelectric not to risk its reputation locking in decades of pollution and fuelling the climate crisis. $GE
marketforces.net/ge
marketforces.net/ge
Investors in @generalelectric and @GE_Vernova should focus on a genuine #EnergyTransition that ensures a safe climate future with renewable power ⚡️🌞, not climate-wrecking fossil fuels like gas and LNG. $GE
marketforces.net/ge
marketforces.net/ge
Laws are like Sausages. Best not to see how they are made. @tedfertik & I dug into how IRA was made & what we found about US political economy
How did the worlds largest oil & gas producer do green investments? Hint: China
Watch:
How did the worlds largest oil & gas producer do green investments? Hint: China
Watch:
2/ BigOil usually kills climate bills. It made the GOP into political arm of fossil fuel industry.
For IRA, The GOP lobbied Exxon to oppose the Inflation Reduction Act!
BigOil's response? No thanks, Manchin got us what we wanted. What were they?⬇️
For IRA, The GOP lobbied Exxon to oppose the Inflation Reduction Act!
BigOil's response? No thanks, Manchin got us what we wanted. What were they?⬇️
3/ IRA buys off the big bosses in sectors blocking climate action: Fossil Fuels, Autos, Real estate, Meat. It gives them carrots ie revenue streams
It also unleashes a powerful new set of green interest groups. Will they be existential threat to FARM?
It also unleashes a powerful new set of green interest groups. Will they be existential threat to FARM?
3 confessions from #ClimateActivists & #ClimateEconomists seeking to tackle the #ClimateCrisis
We were wrong
-2 promise apple pie & motherhood sans costs
-2 repeat solar PV cheapest form of power sans caveats
-2 dismiss any trade-off between climate & development
#Thread
We were wrong
-2 promise apple pie & motherhood sans costs
-2 repeat solar PV cheapest form of power sans caveats
-2 dismiss any trade-off between climate & development
#Thread
Back in the day those, including me, who worked on many different versions of the #greendeal all focused on the win-win scenarios ... #greenjobs #greengrowth #justtransition etc. and tho the context has changed completely this win-win farming remains even in the year 2023
Had we mobilised on a war-footing back then, invested at scale, imposed #carbontaxes, innovated like mad & massively increased financial & technological support 4 developing economies to shun coal & adopt #renewables, the #greendeal may have worked, albeit not without real costs
Here is my take on #COP27 outcome(s) on #climate #mitigation based mostly on fieldnotes from COP, focussing on #FossilFuels, #JustTransition & #equity/ambition dichotomy.@TheIndiaForum @girmanipal @CentreMarcBloch @FU_Berlin @NavrozDubash @ClimateDiplo 1/8
theindiaforum.in/climate-change…
theindiaforum.in/climate-change…
I argue, "Despite alarming evidence about the pace of cc, #COP27 failed to raise mitigation ambition. While the 1.5°C limit was salvaged in the end, the lack of consensus on fossil fuel phase-down/phase-out scuttled the possibility of meaningful action in the coming years." 2/8
Not only are #industrialized countries' mitigation commitments grossly insufficient to meet the 1.5°C limit, their efforts to sidestep their pre-2020 commitments, Paris decisions & delink developing countries' mitigation efforts from #climatefinance dilute #equity. 3/8
Picture of the Week: Speed of change around #energytransition is accelerating. Last year the @IEA projected that #renewableenergy installations would be 1800GW over the next five years. Now they are saying that it will be 2,400GW which is the installed capacity of #China.
Why is the #energytransition accelerating:
1. Geopolitics - #Ukrainian crisis has forced #Europe to accelerate #decarbonization. It has also been a wake up call for #China who is a huge #energy importer.
1. Geopolitics - #Ukrainian crisis has forced #Europe to accelerate #decarbonization. It has also been a wake up call for #China who is a huge #energy importer.
Why is the #energytransition accelerating:
2. Opportunity - #EVs, #batteries, #heatpumps and #Solar are multi-billion dollar markets growing at circa 40% per annum and are attracting the best entrepreneurs and businesses across the world
2. Opportunity - #EVs, #batteries, #heatpumps and #Solar are multi-billion dollar markets growing at circa 40% per annum and are attracting the best entrepreneurs and businesses across the world
US inventories of gasoline, diesel, and jet fuel are at dangerously low levels. Wind farms and solar panels aren’t going to help us out of this mess. Biden just green-lighted importing additional production from Venezuela (Amnesty International comments below). #OOTT #NoPlan
‘For years, Amnesty International has documented and denounced the policy of repression implemented by Nicolas Maduro’s government in Venezuela, which aims to silence critics and dissent. Crimes under international law and human rights violations, including politically…
motivated arbitrary detentions, torture, extrajudicial executions and excessive use of force, have been systematic and widespread, and may therefore amount to crimes against humanity.’ When all we have to do is allow the Keystone Pipeline to be built between Canada and the 🇺🇸.
There is a lot of #china bashers out there particularly with regards #energy. The bottom line though is that #China is not only the biggest producers of #solarpanels, #inverters #windturbines and #batteries in the world but also the biggest market for all these products.
This year #china will install circa 100GW of #solarpanels. If you add the 50GW from last year the country has installed over the last 18 months more than the total installed base of the #Unitedstates.
One of the big debates lately is over #nuclear energy.
Some say it's necessary for #NetZero by 2050.
Others say it's not net-positive for the #environment.
So are smaller reactors☢️a good alternative?🤝
Some say it's necessary for #NetZero by 2050.
Others say it's not net-positive for the #environment.
So are smaller reactors☢️a good alternative?🤝
Small Modular Reactors (#SMR )promise to bring a 'modular', more adaptable solution.
Build for a very specific purpose?
👉+1 SMR
Need to scale up for the grid?
👉+10 SMRs (SMR Farm)
Need to ramp down because #fusion finally arrived?
👉 -1 SMR per year
Build for a very specific purpose?
👉+1 SMR
Need to scale up for the grid?
👉+10 SMRs (SMR Farm)
Need to ramp down because #fusion finally arrived?
👉 -1 SMR per year
Micro-reactors promise to bring portable nuclear using #SpaceX tech.
👉Fits in a container, hauled by truck/ship
👉Low-carbon
👉Perfect for off-grid emergencies
👉Swallow the diesel generator market
👉Doesn't need refuelling for >10 years
👉Made in Assembly Line
👉Less fuel=safe
👉Fits in a container, hauled by truck/ship
👉Low-carbon
👉Perfect for off-grid emergencies
👉Swallow the diesel generator market
👉Doesn't need refuelling for >10 years
👉Made in Assembly Line
👉Less fuel=safe
Research Report of the Week: The #Revolution in #Semiconductors and what it means the #Power sector and the #energytransition
alexa-capital.com/news-insights/…
alexa-capital.com/news-insights/…
I am firmly convinced that we are in the middle of a revolution in the #energy world. One of the crucial points is around #digitalisation which enables #energyefficiency but at that same time depends on #electricity.
This spiral of digitalisation leading to electrification is one of the primary reasons why we are electrifying our energy systems. I can do without coal but I cannot do anything in this modern #digital world without electricity.
For the first time in its history, the @IEA sees #fossilfuel demand peaking across all of its projections including the “business as usual” (STEPS) scenario. What does it mean for geoeconomics & geopolitics of the global #energytransition? A🧵1/13 iea.org/reports/world-…
The dependency on #fossilfules is a risk to economic resilience & energy security inherent to the currently dominant economic models. High #coal, #oil and #gas prices have knock-on effects beyond energy systems reliability & fuel the global #polycrisis. 2/13
#EU, #UK, #Japan and others embedded a fatal vulnerability into their growth models as they bet on boosting #gas intensity of their economies post Global #Oilcrisis in the 1970s. Now they are forced to pay a high price for this oversight. 3/13
1/7
A 🧵...cause I'm getting worried...
It's noteworthy that this @Sprott offering, so germane to the current #ESG zeitgeist, was cancelled. Market sentiment + a general lack of knowledge due to institutional collapse threatens us all.
#BatteryMetals
A 🧵...cause I'm getting worried...
It's noteworthy that this @Sprott offering, so germane to the current #ESG zeitgeist, was cancelled. Market sentiment + a general lack of knowledge due to institutional collapse threatens us all.
#BatteryMetals
🧵2/7
The total annihilation of the #MSM lies at the heart of resource ignorance. @RealClearNews makes an effort, but it's difficult to think outside your tribe if you don't already possess general knowledge about natural resources.
The total annihilation of the #MSM lies at the heart of resource ignorance. @RealClearNews makes an effort, but it's difficult to think outside your tribe if you don't already possess general knowledge about natural resources.
🧵 3/7
The average person is informed by #MSM who takes its cue from #politicians who are strong on virtue signalling and weak on policymaking.
Clean air and extra 💸 in your bank account - who wouldn't like that? Sign me up @JustinTrudeau ! 👇
The average person is informed by #MSM who takes its cue from #politicians who are strong on virtue signalling and weak on policymaking.
Clean air and extra 💸 in your bank account - who wouldn't like that? Sign me up @JustinTrudeau ! 👇
