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Photo: Roman PeklajDiffering Views on Whether Nuclear Has a Role to Play in Decarbonisation
October 16, 2020 | Tanja SrnovršnikElectricity | RES and EE | Energy policy
Nuclear power is not an option for rapid decarbonisation, especially due to the very long construction times, assessed Ben Wealer, Research Associate at the German Institute for Economic Research (DIW Berlin), during an online conference organised by Greenpeace on Tuesday. Wealer also warned that the investment in third generation reactors results in large losses. Meanwhile, Sven Teske, Research...
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Photo: Roman PeklajNatural Gas As The “New Coal”
October 16, 2020 | Tanja SrnovršnikNatural gas | Energy policy
“Natural gas is now really the ‘new coal’. This is confirmation that we won’t really see gas demand disappearing,” said Kjell Eikland, the CEO of Energy Perspectives AS, on Thursday during Montel’s Understanding LNG webinar. Eikland also does not expect gas prices to really “deviate” in 2021 from the current levels, however, “the volatility can be really dramatic.”...
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Photo: Siniša KanižajAndrej Ribič, Elektro Ljubljana: Consumers Are Active Participants in the System
October 13, 2020 | Alenka Lena KlopčičElectricity | RES and EE | Energy policy | New technologies | Economy
Since he took over as head of the company in 2010, there has been a more than 300% increase in net profit, profitability, return on assets and capital, said the Slovenian Chamber of Commerce and Industry upon presenting Andrej Ribič, the CEO the Slovenian electricity distributor Elektro Ljubljana, with the award for extraordinary economic and entrepreneurial achievement in mid-September. What is...
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Photo: PixabayA Systemic Innovative Approach Is Needed to Fully Decarbonise the Industry Sectors
October 12, 2020 | Valerija HozjanRES and EE | CO2 emissions | New technologies
Given the rapidly falling costs of renewable power generating technologies in the past decade, renewable energy can play a significant role in the decarbonisation of industry. This was the message emphasised on Wednesday in IRENA’s (International Renewable Energy Agency) virtual edition of Innovation Week 2020 titled ‘Renewable solutions for industry sector transformation’. ...
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Photo: Roman PeklajGreen Hydrogen: To Deliver Gigawatts, Standardisation and Partnering is Key
October 8, 2020 | Valerija HozjanRES and EE | New technologies
We are facing an energy transition and the indicators are everywhere, from wind turbines and solar PV to electric cars. However, we need to accelerate the energy transition if we want to stay within the objectives of the Paris Climate Agreement. An increasing number of countries are pursuing for ambitious goals of decarbonisation by 2050, and while the objective is clear, the path to get there is...
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Photo: Siniša KanižajDr. Franc Cimerman, Plinovodi: Gas and Nuclear Energy Must Co-exist
October 7, 2020 | Alenka Lena KlopčičNatural gas | Energy policy | New technologies
It is no secret that the new situation prompted by the declared pandemic has significantly changed the operations and functioning of the Slovenian natural gas transmission system operator, resulting in changes that require constant adjustments to the new reality. Marjan Eberlinc, the General Manager of Plinovodi, pointed out at the ninth workshop (held online this year) organised by Plinovodi,...
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Photo: Roman PeklajDecarbonising Transport and Industry Will Require Different Renewable Solutions
October 6, 2020 | Tanja SrnovršnikElectricity | Natural gas | RES and EE | Transport | Energy policy | CO2 emissions | Economy
With renewables now the most cost-effective option for new power generation in much of the world, the significantly increased use of renewable electricity in the end-use sectors of transport, industry and buildings is a viable and attractive option, shows a new report by the International Renewable Energy Agency (IRENA) titled ‘Reaching Zero with Renewables’, which indicates that electricity...
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Photo: Roman PeklajIRENA: CESEC Region Could Cover 34% of Its Energy Demand With RES By 2030
October 5, 2020 | Valerija HozjanRES and EE | Energy policy
The economies of Central and South Eastern Europe (CESEC) could cover 34% of their rising energy demand cost-effectively with renewables within ten years, finds a new report by the International Renewable Energy Agency (IRENA). IRENA's energy transition path for the region estimates that additional investments of EUR 78 billion are needed between now and 2030 in order to enable CESEC members to...
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Photo: Ana V. VršnakBirol: Solar Capacity in Europe on the Road to Overtaking Other Sources in 5 Years
September 30, 2020 | Tanja SrnovršnikElectricity | RES and EE | Energy policy | New technologies
While the European solar market will experience a contraction this year due to COVID-19, it will be lower than expected back in June on account of a better than expected third quarter of the year, noted Aristotelis Chantavas, President of SolarPower Europe, at Tuesday’s SolarPower Summit 2020. Meanwhile, the head of the International Energy Agency (IEA), Fatih Birol, mentioned that solar could...
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Photo: ACERA Cold Winter Could Push Slovenian and Croatian Power Prices to 110 EUR/MWh
September 25, 2020 | Tanja SrnovršnikElectricity
Power price spikes of up to 110 EUR/MWh are expected in Croatia and Slovenia in some hours in Q4 2020 and Q1 2021 in the event of a cold weather scenario, said Anamaria Toebe, Senior Market Analyst at Wattsight, on Thursday in a webinar on the South & East European Power Market Outlook. A so-called Indian summer has already led to some prices spikes in Central Western Europe (CWE), namely in...
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