Over the last two centuries, energy trade has become increasingly global. Where wood was found and used locally, coal was mined and transported nationally, and oil emerged as a global commodity. Natural gas is also moving from regional markets to the global shipping of LNG. The same holds for energy demand, which is growing and shifting Southward, away from traditional OECD markets, to China, India, South-East Asia and Africa, as the International Energy Agency (IEA) confirms in its findings. Renewable energy harbors a number of characteristics that could potentially end this trend of increasingly global energy trade. Just Voskuyl and Daniel Scholten take a critical look at the bigger picture.
About five years ago, decentralized community energy, though etched in history books for having sparked Europe’s clean-energy revolution in the 1990s, was deemed outdated in the age of the ever-more dramatic climate crisis. Paul Hockenos explains the development.
Attention energy wonks, the EU’s revised electricity regulation is going to change the electricity grid as we know it. Not just physically, but in terms of market policy: no forbearance with grid congestion and a clear commitment to cross-border trade. Justus Irmen takes an in-depth look.
Germany has decided to work towards a sustainable and digital energy system. The days of the old centralized, nuclear- and coal-based system are numbered. Christine Lucha and Lisa Meinecke point out the trends and challenges that shape the transition towards the New Energy World. Their conclusion is as simple as it is pressing: active political design is the key – now!