BlocPower’s Post

For the last fifty years, the #NorthSea energy industry has been synonymous with endeavour, innovation, and achievement. 💡 As the Offshore Europe conference takes place in Aberdeen this week, an opportunity lies in how to use those qualities to deliver an exciting and prosperous future for the north-east and Scotland’s energy industry. 👇 In a recent article featured in Energy Voice, NZTC CEO Myrtle Dawes explores Aberdeen's rich history of engineering and innovation, industry's transition to tackling climate change, and the role of Offshore Europe 2023 in uniting industry experts for a #netzero future. 🌍 Read: https://bit.ly/45CyC0L #TechnologyDrivingTransition #NetZeroFuture #EnergyTransition #InspiringInnovation

Thanks to Electricity Canada for having me on your podcast. What a treat to chat with CEO Francis Bradley about our firm and, more importantly, the future of this amazing thing called electricity!

Is there an error in my train of thought or are there better thoughts on how we reach carbon neutrality by 2050? Paradox: Renewable energy has a meager marginal cost, close to zero. As per EU legislation*, bids are allowed at marginal pricing**. However, considering the goal of being fully carbon-neutral by 2050, all electricity would have to be offered to the market for free. This situation raises concerns regarding long-term investments and how we can achieve our goals without them. Is upgrading the market design necessary? According to the existing rules of the electricity market: market rules shall deliver appropriate investment incentives for generation, in particular for long-term investments in a decarbonised and sustainable electricity system, energy storage, energy efficiency and demand response to meet market needs, and shall facilitate fair competition thus ensuring security of supply. In my view we do not have to upgrade the market design, we just need to reconsider our interpretation of "fair competition“ and „market-based". What does that mean? Let’s organise a fair competition for necessary capacities (in addition to energy). What would be the difficulties? To solve the problems efficiently, it is best to use the principle of least total cost. This may require more resources from responsible authorities, at least in some member-states, but it will be considerably less expensive than other alternatives. When should we start? It is crucial to act urgently and avoid making costly transitional decisions by solving each problem separately. *REMIT ** for experts: with some exceptions regarding opportunity costs

The California Air Resources Board and Québec’s Ministry of the Environment and the Fight against Climate Change will release the results of their 36th joint quarterly carbon auction, which offered allowances for current and future years...to Learn more 👉 https://zurl.co/2X4U EnerKnol Research provides original analyst research and market intelligence on U.S. wholesale power markets, alternative energy, the oil and gas sector, electric vehicles, battery storage, smart grid, and beyond. Subscribe to EnerKnol Research for weekly updates on the latest in energy. https://lnkd.in/eyDiTASZ #ClimateAction #ClimateChange #EnerKnol

#Brownouts are one of the top trends for the next ten years. On January 25th, join Rebecca Ryan, APF and electricity guru Lauren Azar for a frank and dynamic conversation about: * The grid we need - a vision for the future * The headwinds delaying the vision * Regions where renewables are coming onto the grid More info and RSVP here: https://lnkd.in/g7M5zSM4 #foresight #strategicforesight #futurist #scenarios #future #futurism #foresight #futureinsights #futuresthinking 

In the 25th annual World Energy Markets Observatory (WEMO) report, we delve into the critical theme of shaping tomorrow's energy landscape. Join the conversation as we explore the intersection of climate responsibility, energy sovereignty, and affordability. Read the full report here. #WEMO2023 #EnergyTransition #ClimateAction

Save 20% on your #EIForum ticket when you book before the end of August! Register now to secure your ticket for 3 full days of leadership dialogues, panel discussions and networking opportunites👇 #EnergyInADividedWorld

#Brownouts are one of the top trends for the next ten years. On January 25th, join Rebecca Ryan, APF and electricity guru Lauren Azar for a frank and dynamic conversation about: * The grid we need - a vision for the future * The headwinds delaying the vision * Regions where renewables are coming onto the grid More info and RSVP here: https://lnkd.in/g7M5zSM4 #foresight #strategicforesight #futurist #scenarios #future #futurism #foresight #futureinsights #futuresthinking 

Interesting times ahead, can the UK sort out the clean power by 2030? Well that remains to be seen, but at last things are moving in the right direction to at least put in place the framework for things to happen. It'll be good to see how energy moves, the more solar power promised, GB Energy and the wider implications of the ESO Future Energy Scenarios including for Hydrogen published yesterday.

ICYMI: Houston is primed to lead the way in #CCUS. Check out this video by Houston Energy Transition Initiative (HETI) as well as the link below -- featuring a white paper written by our own Charles McConnell -- to learn more about how the Energy Capital of the World is uniquely equipped to advance the future of energy. FULL FINDINGS: https://lnkd.in/dvyNi4yn