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EnergySource

Aug 10, 2020

Beirut’s port explosion reveals underlying problems in energy supply

By Aki Peritz

The cataclysmic explosion at Beirut’s port on August 4th could not have come at a worse time. The nation was already reeling from multiple catastrophes such as a collapsing currency, an environmental disaster on its shores, 1.5 million refugees from Syria, and a healthcare system pushed to the brink by the COVID-19 pandemic. The explosion has only exacerbated one of Lebanon’s core calamities: the lack of stable electricity.

Energy Markets & Governance Lebanon

EnergySource

Jul 24, 2020

The ACWA Power–Air Products joint venture for green hydrogen: A new Saudi energy policy?

By Jean-François Seznec and Samer Mosis

In early July 2020, the city of Neom and ACWA Power of Saudi Arabia signed a joint venture agreement with Air Products of the United States to build the largest green hydrogen and green ammonia plant in the world. As the energy transition gains speed, this announcement is a significant step forward in establishing a new role for Middle Eastern oil-exporting countries in a future global economy less dependent on hydrocarbons. That said, the scale and relative inexperience of key project partners means the project still faces an uphill battle.

Energy & Environment Energy Markets & Governance

EnergySource

Jul 24, 2020

Searching for the missing link: Options for firm zero-carbon power

By Stephen S. Greene

“Firm” zero-carbon generation resources, which are not necessarily intended to run all the time, but can be available at any time, will be needed to complement renewable resources in the future, without emitting the CO2 produced by today’s fossil energy system. These resources might include, for example, fossil-fuel power plants with carbon capture, nuclear power plants with improved dispatchability, geothermal power, and bio-fueled generators. But the path to developing, and certainly deploying, such resources has been slower and more fraught than for renewables; these “firm” electricity generation resources represent a missing link in the path towards a decarbonized electricity grid.

Energy & Environment Nuclear Energy

EnergySource

Jul 9, 2020

Cybersecurity can help the energy industry seize this moment to embrace its digital future

By Leo Simonovich and Sridhar Sudarsan

Digitally connected oil and gas assets, smart grids, renewables, and intelligent infrastructure promise more efficient, safer, and lower-emissions operations, but truly reimagining the energy sector and fully realizing that promise requires strong cybersecurity. Whether built new, acquired, or retrofitted, future energy assets will rely heavily on digital management and remote access. In these stressful but potentially exhilarating times, the winners will be those who envision more competitive business models based on new technologies.

Energy & Environment Energy Markets & Governance

EnergySource

Jul 8, 2020

Distributed solar and batteries will power a more inclusive economic recovery in developing countries

By Sandra Chavez

A reliable supply of electricity is crucial for responding to the COVID-19 health crisis and boosting economic activity. Governments in many developing countries already struggle to provide their citizens with enough high-quality electricity to satisfy demand. The additional constraints the COVID-19 crisis places upon utilities, and national economies in general, can make the delivery of reliable electricity even harder. However, distributed solar energy and battery storage can provide reliable, affordable, and pollution-free power globally, while also creating jobs that incorporate local talent—especially from groups underrepresented in the labor market such as women and low-income workers.

Coronavirus Energy & Environment

EnergySource

Jun 25, 2020

The European Commission’s hydrogen industrial strategy and COVID-19

By Mary-Rose de Valladares

As COVID-19 enveloped Europe and the Americas, Ursula van der Leyen declared clean hydrogen energy “a pillar” of the European Union (EU)’s new industrial strategy. While COVID-19 will likely have significant effects on hydrogen’s success in Europe, it has nevertheless become a top EC energy priority.

Coronavirus Energy & Environment

EnergySource

Jun 24, 2020

Rapid response: The SABIC-Aramco merger

By Private: Jean-François Seznec

Saudi Aramco’s acquisition of the Saudi Basic Industries Corporation (SABIC) finalized on June 16, 2020, provides a window into the Saudi strategy to become a world-scale chemicals producer. However, the structure of the deal also offers an interesting look into the Saudi financial position amid low oil prices and a global pandemic.

Energy & Environment Energy Markets & Governance

EnergySource

Jun 24, 2020

Automaker electric vehicle plans ‘progressing at a rapid pace’ despite pandemic, economic downturn

By Julia Pyper

The global electric vehicle (EV) market is going through a rough patch amid the COVID-19 outbreak. The pandemic led to economy-wide lockdowns and supply chain disruptions across the automotive industry. Coupled with a historic decline in oil prices that brought down gasoline prices, these factors are likely to put a significant dent in EV sales in the near term. But automakers are not turning away from the EV market despite recent setbacks. To signal their intent, several major auto industry executives have taken steps to underscore their commitment to vehicle electrification coming out of the pandemic slump.

Climate Change & Climate Action Coronavirus

EnergySource

Jun 23, 2020

How can Portugal’s Port of Sines play a bigger role in assuring energy security in the European Union?

By Dr. Ricardo Silvestre

The European Union (EU) currently relies on a small number of external suppliers to meet its energy needs. To minimize reliance on foreign gas imports, the EU should increase liquefied natural gas (LNG) imports to Europe, expand gas storage capacity, and further develop energy distribution mechanisms across Member States. As a potential alternative energy hub, Sines, Portugal is in an excellent position to become an important continental European LNG entrance point as well as a key gas distribution and bunkering center. If the pieces fall into place, Sines, and Portugal writ large, may become key guarantors of European energy security.

Energy & Environment Energy Markets & Governance

EnergySource

Jun 17, 2020

Innovation can break the gridlock on nuclear waste

By Michelle Brechtelsbauer

Innovation has always been a key tenet of the nuclear power industry. With scientific consensus building that nuclear power must play a significant role in mitigating climate change, there has been renewed focus on fuel design and fuel cycle research to support the next generation of nuclear technology. This attention also creates an opportunity to reinvigorate innovation on back-end technologies that may prove to be the key to circumventing the longtime political impasse on nuclear waste.

Energy & Environment Nuclear Energy
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