Things you shouldn’t miss this week
- Commentary: Global riot epidemic due to demise of cheap fossil fuels – From South America to South Asia, a new age of unrest unfolds as industrial civilisation transitions to post-carbon reality.
- Chart: UK oil and gas production in terminal decline? Offshore production by field:
- Commentary: The Energy Transition Tipping Point is Here – The economic foundations for fossil fuel investment collapse as the business case for renewables builds.
IEA Report: Wind and Solar Can Carry Bulk of Energy Transformation – IEA finds that integration of renewables into electricity grids can be done at little cost.
Report: Solar Paired With Storage Is a ‘Real, Near and Present’ Threat to Utilities – Is the solar-storage combination a deadly one for traditional power companies?
Coal Crunch Gives Impetus to India’s Solar Switch – What looks like a looming crisis could turn out to be an almost accidental energy overhaul.
RWE posts first annual net loss for over 60 years – Germany’s biggest energy company, RWE, has posted its first annual net loss in more than 60 years.
In a Host of Small Sources, Scientists See Energy Windfall – The emerging field of “energy scavenging” is drawing on a wide array of untapped energy sources.
Oil & Gas
Russia Gas Threat Shows Putin Using Pipes to Press Ukraine – OAO Gazprom (OGZD)’s threat to end natural gas discounts for Ukraine adds to the financial burden on the near-bankrupt government in Kiev and makes Europe’s energy supply part of the escalating crisis.
Wells That Fizzle Are a ‘Potential Show Stopper’ for the Shale Boom – The oil patch needs more brain for its brawn…New wells are fizzling out in their first year, threatening the 3-year-old oil boom.
Oil at the heart of Venezuela’s turmoil – At least six people have died in Venezuela’s street protests, with further clashes likely during marches planned this weekend. But amid the chaos, the Opec country’s oil keeps flowing – so far.
Europe abandons hopes of US-style shale gas revolution – Shale gas has had a “minimal impact” on the US’s manufacturing industry, and will have even less significance for Europe, according to a new report by the Institute for Sustainable Development and International Relations (IDDRI).
Petroleum-Free Norway Is No Pipe Dream for Ascending Green Party – “As a nation that has produced enormous wealth based on oil, we need to take responsibility,”…
How France is disposing of its nuclear waste – “I supported the laboratory from the start and I won’t go back on that now,” says the local mayor Francois Henri. But he admits that if his community had wanted to block the project there would be little they could do to stop it.
Japan to fast-track some nuclear restarts – It remains unclear when any of Japan’s 48 reactors could come back on-line, but fast-tracking the process is good news for the nuclear industry…
UK oil, gas operators spend record amounts, produce less – Britain’s oil and gas companies spent a record 8.9 billion pounds ($15 billion) in 2013 to produce 8 percent less fossil fuel than the year before.
North Sea oil: Facts and figures – The future of North Sea oil is one of the key campaign battlegrounds ahead of the Scottish independence referendum.
‘Carbon bubble’ poses serious threat to UK economy, MPs warn – Committee says government and Bank of England must not be complacent about the risks of overvaluing fossil fuel companies.
Balcombe residents call on council to oppose Cuadrilla oil drilling – Majority of residents in protest-hit West Sussex village want no further oil and gas drilling of any kind.
‘Fracking’: The potential for shale gas in the north west – BBC News gives a guide to the potential of fracking in the North West.
Brakes put on UK shale gas revolution – Just because gas is recoverable, it doesn’t mean it makes economic sense to do so.
UK wind beats storms to supply 11 per cent of power in February – Industry says new figures demonstrate stability of wind power against a backdrop of political uncertainty
Wind farm plans in tatters after subsidy rethink – Plans to build wind farms in England and Scotland are being scrapped in the first sign that the Government’s proposed cut to subsidies is taking effect.
Norwegian government reviews fossil fuel divestment plan – Independent panel to assess whether country’s giant wealth fund should quit oil, coal and gas investments.
Ministers urge Europe to agree green energy goals – 13 European ministers, including UK’s Ed Davey, call for EU to adopt climate package despite opposition from Poland.
Related Reports and commentary
Beginning of the End? Oil Companies Cut Back on Spending – Gail Tverberg, Our Finite World. Commentary on video presentation by Steven Kopits, Douglas Westwood.
US Natural Gas Inventories are Headed Toward Zero – Robert Rapier, EnergyTrendsInsider
The Great Resource Price Shock – Green Alliance
Heading in Three Directions Makes a Lot More Sense – Association for the Conservation of Energy