12 hydrogen transmission projects expected to start operation in 2029....even if they arrive on time: just 3.6% of #hydrogen supply planned for 2030 has final investment decision. 4.5% of supply needed for REPowerEU demand target has a binding offtake agreement (Source: OIES) @eu-acer.bsky.social
Posts by Lisa Fischer
Banks, construction sector and energy companies calling for keeping the £13.3bn for insulation in the UK budget on.ft.com/43JYtnR cc @jamesdyson.bsky.social @e3g.bsky.social
Fortune published my piece on the @e3g.bsky.social report showing 97% of execs support a transition to renewables. This maps onto the fact that we underestimate how much appetite there is for climate action globally, with 89% of people favouring stronger climate action. @coveringclimatenow.org
Broad, societal support for better insulation standards in the private rented sector.
It's an important issue, and not easy to get it right. But the status quo of unaffordable bills& mouldy homes is unacceptable.
Read here what a policy package could look like: www.e3g.org/publications...
European Union's #CBAM is routinely justified citing "carbon leakage". I have been skeptical about the extent of leakage because the real world is more complex than theory allows on paper. Here's FT saying survey shows willingness to relocate to places with more renewables
www.ft.com/content/5864...
My personal bug bear: we are wasting 2/3 of our energy put into the system, largely due to the inefficiency of fossil fuels. Energy demand is growing. Energy efficiency needs a much more prominent role in all these discussions. Next stop: @iea.org #energyefficeincy conference in June in Brussels.
The IEA energy security summit is over: Strong appetite for collaboration towards a secure energy transition. A positive signal in a context of tension & uncertainty. Not surprising given the unstoppable trend towards more renewables and electrification. www.e3g.org/news/energy-...
5 - also: @iisd.org @farooqullah.bsky.social set out how fossil fuel subsidies have undermined long term energy security www.iisd.org/articles/dee...
4 - case studies on where the energy transition has already provided more energy security by my colleagues @e3g.bsky.social
www.e3g.org/publications...
3 - Excellent data about energy security from the transition from the brilliant folks @ember-energy.org
ember-energy.org/latest-insig...
@kingsmillbond.bsky.social
@cleanpowerdave.bsky.social
2 - more than 130 businesses and business associations have signed a statement for a new energy security framework that centres the energy transition.
docs.google.com/document/d/1...
@gra-3xrenewables.bsky.social
1 - The majority of business leaders see energy security as the top benefit of a transition to renewables www.e3g.org/publications...
@wemeanbusiness.bsky.social @e3g.bsky.social @beyondfossilfuels.bsky.social
The #IEA-#UK Future of Energy Security summit kicks off today. We are fast heading to a mainstream #renewables, margin #fossils system. > 60 countries attending, showing the big appetite to talk about the energy transition & #energysecurity.
Business and civil society have been very clear:
Sustainable AND affordable #housing becoming a reality in #Denmark and #Poland. Read here my colleague's in depth analysis on how this happened and what role financial regulation and the financial sector played.
New German government plans for 20 GW of new gas plants is being opposed by industry associations for being costly and not market friendly
Renewables helped Spain cut electricity prices by around 20% since 2021. The EU avoided €59B in fossil fuel costs since 2019. Clean energy is the best shield against volatile energy prices.
Read more: www.e3g.org/news/clean-e...
Good case by @adrianhiel.bsky.social that there is more agreement on phasing out gas in the EU then one may think
energy-cities.eu/european-ene...
📢📝 Green investment is essential for Europe’s security. E3G has signed an open letter urging EU budget negotiators to prioritise renewables & energy resilience to reduce dependency on volatile energy sources. 🌍⚡
Read more in @euronews.com: www.euronews.com/my-europe/20...
Clean #energy has already made the #EU more secure, and more can and must be done. Within 2 years, the EU eliminated 20bcm of annual gas use via renewables and heat pumps alone. Meanwhile, additional US #LNG imports since 2022 are 30bcm, coming at a hefty annual bill.
▶️ www.e3g.org/news/clean-e...
gas responsible for most of the rise in energy emissions
Just saying this again because it's important: fossil gas was responsible for the biggest chunk of the rise in emissions in the energy sector from 2023 to 2024
Gas is a fossil fuel and a pollutant: dumping it and burning it causes suffering and death to living things
[note the truncated y axis]
A clear-eyed piece on why a return to Russian #gas must be avoided for European security - and why the #energytransition holds the key to doing so.
Co-authored by a former NATO commander, former energy commissioner & a dear ex-@e3g.bsky.social colleague.
www.handelsblatt.com/meinung/gast...
And if you are looking for more on the ground examples for the transition away from gas in Europe, here's a great short write up by my colleague Marion Revest: www.e3g.org/news/gas-tra...
Great to see the tremendous progress of Vienna's #heat #decarbonisation summed up - incl how it helps getting Austria off Russian #gas: www.bloomberg.com/news/feature... Proud to have been advising them via the Decarb City Pipes Advisory Board, alongside @sustainable2050.bsky.social and many others.
A screenshot from the report reading: "The transmission grids of most neighbouring European countries are interconnected. There are 30 transmission system operators (TSOs) 4 in the EU and several thousand distribution system operators (DSOs). Electricity-distribution grids account for most electricity-grid infrastructure and this is reflected in asset values. For example, the grid operated by the largest French DSO, ENEDIS, is worth €54 billion, while the asset base of French TSO RTE is €17 billion (S&P Global Ratings, 2024). The returns earned by TSOs and DSOs and their investment incentives are determined by national regulators, with each EU country taking a distinct regulatory approach. "
An eye-opening stat from the recent @bruegel.bsky.social report on European grids.
The value of the French DSO's assets are over three times those of the French TSO 🤯
Great work by @cheussaff.bsky.social.
www.bruegel.org/policy-brief...
Is 2025 the end of the road for hydrogen boilers?
I certainly hope so. My new briefing today looks at hydrogen heating - and why Labour needs to rule it out ASAP if they want to keep energy bills down.
🧵
www.e3g.org/publications... 🔌💡
The risks of building reliance on new #nuclear into your energy system - summed up in two paragraphs in the @financialtimes.com today.
There are no subsidies for residential solar in England. But solar is back due to lower costs + improved business case. It is at the highest level since the government ended its subsidy scheme & almost back at record levels seen in 2011.
The UK #oil & #gas bill makes no sense says my colleague Beth Walker: "Any new oil will be destined for export [...] and so brings no benefits to consumers. It [...] sends confusing signals to investors as the government is propping up a declining industry" www.bloomberg.com/news/article...
Dass jetzt inmitten der Haushaltskrise doch wieder 1,4 Milliarden Euro für eine Plastikabgabe an die EU aus dem Bundeshaushalt gezahlt werden, anstelle auf die Verursacher umgelegt zu werden, wäre vielleicht auch eine Meldung wert. Mehr 👇