Connect with us

Energy News

We need a sustainable and inclusive recovery from the Covid-19 crisis

Published

on

Ministers and high-level officials from Latin American countries accounting for close to 70% of the region’s energy demand met on 7 October to examine how to put energy at the heart of their post-Covid economic recovery while moving towards more sustainable and resilient energy systems in a way that creates opportunity for all.

Chaired by Dr Fatih Birol, the Executive Director of the International Energy Agency, and Alfonso Blanco, the Executive Secretary of the Latin American Energy Organization (OLADE), the virtual roundtable featured contributions from leading figures including Brigadier Mark Phillips, the Prime Minister of Guyana, and Mauricio Claver-Carone, the President of the Inter-American Development Bank (IDB).

Ministers speaking at the event represented many of Latin America’s leading energy producers and consumers: Minister Bento Albuquerque of Brazil, Minister Diego Mesa Puyo of Colombia, Minister Juan Carlos Jobet of Chile, Minister René Ortíz Durán of Ecuador, Minister Alberto Pimentel Mata of Guatemala and Secretary Jorge Rivera Staff of Panama. Heads of regional organisations – such as the Ibero-American Association of Energy Regulators and the Regional Commission for Energy Integration – and senior officials from Germany, Japan, Spain and the United States also took part in the discussions. The full agenda of the event is available below.

Participants agreed that the Covid-19 crisis has done tremendous damage but that it has also created some opportunities to improve Latin America’s energy landscape, including by incorporating new technologies and more sustainable practices. They highlighted the need to keep up momentum behind the deployment of renewable technologies like wind and solar while ensuring security of supply, sufficient investments in grids and strengthening of regional and international cooperation.

“This vital dialogue highlighted Latin America’s many strengths – both in terms of its pioneering achievements on renewables, its rich energy resources and its diverse and dynamic population. I’m confident that the region has the potential to build a bright energy future,” said Dr Birol. “The IEA is very pleased to be working closely with OLADE and the IDB on many fronts, and we look forward to deepening this cooperation further. The IEA stands ready to partner with Latin American countries in pursuit of a sustainable and resilient recovery from Covid-19.”

“The pandemic is forcing us to revisit our long-term strategies so that our region’s energy sector can act as a motor bringing much-needed dynamism to the post-Covid economic recovery,” Mr Blanco said. “OLADE is delighted to have partnered with the IEA for today’s valuable discussions that will help inform the decision-making of Latin American energy leaders going forward.”

Continue Reading
Comments

Energy News

Hydrogen in North-Western Europe: A vision towards 2030

Published

on

North-West Europe has a well-developed hydrogen industry that could be at the edge of an unprecedented transformation should governments keep raising their ambitions for reducing greenhouse gas emissions, according to a new joint report by the International Energy Agency (IEA) and the Clingendael International Energy Programme (CIEP). 

The report, Hydrogen in North-Western Europe: A vision towards 2030, explores hydrogen developments, policies and potential for collaboration in the region. It was commissioned to inform discussions among governments from North-West Europe about the potential development of a regional hydrogen market. This intergovernmental dialogue was established at the Clean Energy Ministerial Hydrogen Initiative in 2020.

The report finds that the current policy landscape provides some momentum for the transformation of the hydrogen industry in North-West Europe towards 2030, but that it is insufficient to fully tap into the region’s potential to develop a large-scale low-carbon hydrogen value chain. More ambitious policies in line with the targets defined by the EU Green Deal or the UK Climate Change Act would drive a faster transformation.

If such a supportive policy framework were to be adopted, hydrogen demand in the region could grow by a third and low-carbon hydrogen could meet more than half of dedicated production, up from about 10% today, according to the report.

North-West European countries have already made significant progress developing their vision for the role hydrogen should play in their long-term energy strategies. These countries now face the challenge of moving beyond national discussions to establish a regional dialogue, an indispensable condition to develop the fully integrated hydrogen market the region needs. 

With the aim of informing this dialogue, the report identifies four priorities that should be addressed:

  • Build on the large unused potential to co-operate on hydrogen in the north-western European region.
  • Identify what is needed to develop an integrated regional market.
  • Develop supporting schemes with a holistic view of the hydrogen value chain.
  • Identify the best opportunities to simultaneously decarbonise current hydrogen production and deploy additional low-carbon supply.

Continue Reading

Energy News

Seven Countries Account for Two-Thirds of Global Gas Flaring

Published

on

In an unprecedented year for the oil and gas industry, oil production declined by 8% in 2020, while global gas flaring reduced by 5%, according to satellite data compiled by the World Bank’s Global Gas Flaring Reduction Partnership (GGFR). Oil production dropped from 82 million barrels per day (b/d) in 2019 to 76 million b/d in 2020, as global gas flaring reduced from 150 billion cubic meters (bcm) in 2019 to 142 bcm in 2020. Nonetheless, the world still flared enough gas to power sub-Saharan Africa. The United States accounted for 70% of the global decline, with gas flaring falling by 32% from 2019 to 2020, due to an 8% drop in oil production, combined with new infrastructure to use gas that would otherwise be flared.

Gas flaring satellite data from 2020 reveals that Russia, Iraq, Iran, the United States, Algeria, Venezuela and Nigeria remain the top seven gas flaring countries for nine years running, since the first satellite was launched in 2012. These seven countries produce 40% of the world’s oil each year, but account for roughly two-thirds (65%) of global gas flaring. This trend is indicative of ongoing, though differing, challenges facing these countries. For example, the United States has thousands of individual flare sites, difficult to connect to a market, while a few high flaring oil fields in East Siberia in the Russian Federation are extremely remote, lacking the infrastructure to capture and transport the associated gas.

Gas flaring, the burning of natural gas associated with oil extraction, takes place due to a range of issues, from market and economic constraints, to a lack of appropriate regulation and political will. The practice results in a range of pollutants released into the atmosphere, including carbon dioxide, methane and black carbon (soot). The methane emissions from gas flaring contribute significantly to global warming in the short to medium term, because methane is over 80 times more powerful than carbon dioxide on a 20-year basis.

“In the wake of the COVID-19 pandemic, oil-dependent developing countries are feeling the pinch, with constrained revenues and budgets. But with gas flaring still releasing over 400 million tons of carbon dioxide equivalent emissions each year, now is the time for action. We must forge ahead with plans to dramatically reduce the direct emissions of the oil and gas sector, including from gas flaring,” said Demetrios Papathanasiou, Global Director for the Energy and Extractives Global Practice at the World Bank.

The World Bank’s GGFR is a trust fund and partnership of governments, oil companies, and multilateral organizations working to end routine gas flaring at oil production sites around the world. GGFR, in partnership with the U.S. National Oceanic and Atmospheric Administration (NOAA) and the Colorado School of Mines, has developed global gas flaring estimates based upon observations from two satellites, launched in 2012 and 2017. The advanced sensors of these satellites detect the heat emitted by gas flares as infrared emissions at global upstream oil and gas facilities.

“Awareness of gas flaring as a critical climate and resource management issue is greater than ever before. Almost 80 governments and oil companies have committed to Zero Routine Flaring within the next decade and some are also joining our global partnership, which is a very positive development. Gas flaring reduction projects require significant investment and take several years to produce results. In the lead-up to the next UN Climate Change conference in Glasgow, we continue to call upon oil-producing country governments and companies to place gas flaring reduction at the center of their climate action plans. To save the world from millions of tons of emissions a year, this 160-year-old industry practice must now come to an end.” said Zubin Bamji, Program Manager of the World Bank’s GGFR Partnership Trust Fund.

Continue Reading

Energy News

IEA supports Indonesia’s plans for deploying renewable energy

Published

on

The IEA is carrying out a large work programme on power system enhancement with the Government of Indonesia to help it modernise the country’s electricity sector, including support for overcoming challenges inherent in integrating variable renewables like wind and solar PV.

As part of the work programme, the IEA hosted a series of webinars in early 2021 where Indonesia’s Ministry of Energy and Mineral Resources and national power utility PLN could learn from other countries’ experiences of integrating and setting targets for variable renewable energy.

An introductory session on the principles of integrating renewable energy was held ahead of the country specific sessions. In this session, the IEA presented its framework for renewable integration phases to the Ministry and PLN, highlighting the different challenges often faced during renewable integration as well as what flexibility options can be deployed to tackle these challenges.

In the first country session, IEA presented the main findings of the Thailand flexibility study that the Agency carried out in cooperation with EGAT, the Thai electricity utility. The study shows that Thailand has the technical capability to integrate larger shares of variable renewables, but that the lack of commercial flexibility is a major barrier for operating the power system in a more flexible way and thus is the main obstacle for integrating large amounts of renewables.

In the second country session, the Danish Energy Agency presented its work programme with the Government of Viet Nam. The sessions focused on important aspects for integration of renewables, such as the assessing the needs and implications of reserves and forecasting. The session also included a discussion on the main learning points from the boom in rooftop solar that Viet Nam has experienced in 2020. 

The third and last country session was on India. The IEA presented both national as well as state-level modelling in order to show some of the contextual differences between national models and models that focus on specific geographical regions. In India, the spot market accounts for only 10% of electricity generation, which shows that India, like Thailand, has some issues with commercial flexibility. The discussion also covered India’s level of dependency on physical power purchase agreements and its impacts on the flexibility of the power system.

All sessions were held behind closed doors to allow for an open discussion between the participating organisations on the issues of renewable integration and possible ways of addressing barriers. The IEA will continue the work with the Indonesian Ministry and PLN on this topic in order to facilitate a path towards a clean, affordable, secure and modern power sector in Indonesia.

This work in Indonesia is undertaken within the Clean Energy Transitions in Emerging Economies programme.

Continue Reading

Publications

Latest

Human Rights51 mins ago

Myanmar coup: ‘No sign’ of end to brutal crackdown on all fronts

One hundred days since the Myanmar military seized power, the “brutal” repression of protesters has continued, despite all international efforts...

Development2 hours ago

Vaccine inequity posing ‘significant risk’ to global economic recovery

Although the outlook for global growth has improved, the ongoing impacts of the COVID-19 pandemic, as well as inadequate progress on vaccination in...

Middle East6 hours ago

Attack On Jerusalem – Where Is The International System?

Since mid-20th century the conflict has been referred to as the ‘most intractable conflict’ in the world with the ongoing...

Intelligence8 hours ago

Boko Haram: Religious Based Violence and Portrayal of Radical Islam

Modern-day global and domestic politics have set forth the trend that has legitimized and rationalized the use of religion as...

Europe10 hours ago

Cyprus conflict: How could be Resolved and Reunified?

Cyprus conflict has been regarded as one of the conflicts that are so far difficult to find a resolution for...

South Asia12 hours ago

Bhashan Char Relocation: Bangladesh’s Effort Appreciated by UN

Bhashan Char, situated in the district of Noakhali, is one of the 75 islands of Bangladesh. To ease the pressure...

Americas14 hours ago

The Way Out of the Impasse Between Iran & U.S.

On June 18th, Iran will hold its Presidential election. The current Government is led by Iran’s moderates, who are the...

Trending