transforming the energy system towards renewable and climate-neutrality
Some key facts about the "EU Offshore renewable energy strategy" published recently: First of all, the status quo:- 12 GW installed offshore wind capacity in EU waters-with this, the EU 27 host impressive 42% of capacity installed globally (together with UK hosting alone almost 10 GW in total a share of 80% (!))- LCOE for... Continue Reading →
While in Austria many are (for good reason) impatiently awaiting the ‚EAG‘ law to provide a new framework for intensified and more marked-based RES deployment, CEER just provided with a recently published report interesting insights into the state of play of RES tendering procedures across Europe. Some interesting take-aways:- in 18 countries RES tenders have... Continue Reading →
The production of basic industrial materials such as steel, cement, aluminum and major chemicals causes, for the time being, roughly a fifth of EU greenhouse gas emissions. Even though companies are innovating extensively and there are various pilot projects for low-carbon production pathways in place, there are for the time being rarely commercial-scale investments in breakthrough technologies.... Continue Reading →
I just had a look at the 2020 report on the State of the Energy Union pursuant to Regulation (EU) 2018/1999 on Governance of the Energy Union and Climate Action and share for the convenience of interested readers a collection/summary of some interesting aspects. Note: Selection solely based on my personal views/interests, no claim for completeness, correct... Continue Reading →
Today at the EU-Energieforum organized by VERBUND there was a good presentation of the central aspects of the EAG Austrian energy law package by representatives of the responsible Austrian ministry (BMK).Confronted with the question if the presented figure below reflects all the renewable energy support costs for the objective of climate neutrality in 2040, their -... Continue Reading →
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