Report from DNV argues ambitious policies could enable transition that delivers on climate goals and slashes domestic energy bills by 40 per cent by 2050
A consortium including technology group Wärtsilä has secured EU funding to develop solutions minimising methane slip from marine engines, advancing the environmental and climate benefits of LNG as a ship fuel.
Satellite imagery and data could help improve future grid resilience Potential for £22 million in cost savings by adopting new technology All energy networks could benefit, including electricity and gas transmission and distribution.
Industry figures welcomed the emphasis on near-term oil and gas production from the UK continental shelf, but the government refused to confirm any expansions to the national gas storage. [Gas in Transition, Volume 2, Issue 4]
The real cost of gas- and coal-fired power generation is much higher than investors and analysts realise, according to a study from the RethinkX project. That is because actual capacity factors are much lower than is assumed in most models. But renewable energy has its own problems. According to an article in Harvard Business Review, disposal and recycling costs of solar panels and wind turbines are about to skyrocket. And solar panels are degrading much faster than anticipated. [Gas in Transition, Volume 1, Issue 4]