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Hans De Keulenaer

Fossil-Fuel Subsidies | Global Subsidies Initiative - 2 views

  • Most governments provide some kind of financial assistance to boost energy supply or reduce prices for certain energy consumers. Fossil fuels have been widely subsidized for decades. The exact scale of these subsidies is not known because a comprehensive study has never been undertaken. What is clear is that fossil-fuel subsidies can drain government budgets and increase greenhouse gas emissions. In recognition of these unwanted impacts, the leaders of the Group of Twenty (G-20) countries agreed in September 2009 to phase-out inefficient fossil-fuel subsidies in the medium term. The Global Subsidies Initiative is well aware of the complex issues surrounding fossil-fuel subsidies and their reform. That is why last year, in anticipation of the current calls for such reform, it commenced an ambitious program to identify, measure, and analyze the effects of fossil-fuel subsidies. Key findings from the first five in-depth reports, which together make up the series Untold Billions: Fossil-fuel subsidies, their impacts and the path to reform, are summarized above. Below, each of the individual reports can be freely downloaded. Support for one of the papers, Gaining traction: the importance of transparency in accelerating the reform of fossil-fuel subsidies, was generously provided by the United Nations Environment Program (UNEP).
Hans De Keulenaer

CBO | Federal Financial Support for the Development and Production of Fuels and Energy ... - 1 views

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    The eternal debate n subsidies. This is a report on subsidies part of the government budget (though there are quite a few off-budget subsidies in energy as well). As usual, the report triggered a good old discussion on subsidizing renewables versus fossil, and on level playing fields.
Hans De Keulenaer

Germany on the Verge of a Subsidy for Energy Storage - 1 views

  • The energy storage system is meant to be used in tandem with distributed solar installations with storage systems developed in Germany; the funds come with a maximum size requirement of 30 kilowatts. The batteries must have a warranty of at least seven years to gain the subsidy. Another requirement is that the PV installation sends 60 percent of its capacity to the grid over the lifetime of the plant. The battery subsidies will apply retroactively when connected to solar systems installed in 2013, according to reports in PV Magazine.
Jeff Johnson

Earth Track - 0 views

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    Comprehensive and accurate information on government interventions in energy markets. Doug Koplow founded Earth Track in 1999 to more effectively integrate information on energy subsidies. For nearly 20 years, Mr. Koplow has written extensively on natural resource subsidies for organizations such as the Global Subsidies Initiative, the National Commission on Energy Policy, the Organisation for Economic Cooperation and Development, the United Nations Environment Programme (UNEP), Greenpeace, the Alliance to Save Energy, and the US Environmental Protection Agency. He has analyzed scores of government programs and made important developments in subsidy valuation techniques.
Hans De Keulenaer

One Farm, One Big ($500 Million) Subsidy - 0 views

  • The grand champion in that period was Riceland Foods, Inc., of Arkansas, which collected half a billion dollars, mainly in rice subsidies.
Hans De Keulenaer

Higher energy bills for majority by 2020 despite government reassurances | Money | The ... - 0 views

  • But a deeper analysis requested by the Guardian shows that only one in three homes, or about 10.3m households, will see the predicted reductions in their combined bills as a result of installing one or more of the renewable energy or efficiency measures, or receiving the Warm Home Discount for low-income and vulnerable households. Meanwhile the majority of bill payers, 19.1m, will see an average increase in their bills, over and above the extra costs of rising fossil fuel prices and huge investment in the electricity grid.
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    With energy costs equivalent to 10% of the economy, and with lots of subsidies and taxes, the price consumers pay for energy is a grateful subject for spin doctors.
Hans De Keulenaer

Feed in tariffs friend or foe? | The Energy Collective - 3 views

  • As the World Future Energy Summit (WFES) draws to a close, I decided to tackle a topic that has been quietly popping up in many of the discussions and panel sessions this week.  In many places the topic of feed in tariffs is under heated debate.
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    This merits revisiting. With the recent collapse of the Spanish market, the correction of the German market and the expected collapse of the French PV market, FITs prove unsustainable or victim of their own success. Once the market picks up, governments can no longer support their price tab. Moreover, they are based on a false premise: the cost of taking a technology through the learning cycle is prohibitive - it requires too many tens of billions.
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    The topic is complex. Some underlying questions: * Why promotion of renewables was set-up? * What is the complete economic balance of renewables promotion? (expenses in subsidies, but savings in fuel imports, job creation, exports.... some interesting studies have been done on this - see for instance Macroeconomic study on the impact of Wind Energy in Spain - http://www.aeeolica.es/userfiles/file/aee-publica/091211-executive-summary-2009.pdf) * Is the allocation of subsidies cost done correctly? Electricity consumers often pay extra-cost, but benefits go to other pockets. Should there be a cost re-allocation to make the model sustainable? * Is regulatory framework evolving less rapidly than technology? FITs on PV in 2008 could be significantly reduced compared to FITs in 2007, and so on. How to accomodate regulation to that quick cost reduction? * Had governments defined a cap in global subsidies amount? Not really, this explains why they are all reacting to initial plans. * Development of technology and market drives costs down. Why some few countries should make this investment to the benefit of the entire world? * Have we excessively promoted market growth and neglected technology development? Are we paying too much for building power plants with primitive technology?
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    @Fernando - I agree that the topic is complex. However, I'd refrain from making claims on employment effects. This is an area where secondary effects are rarely taken into account. While I realise these claims are popular, basically nobody knows.
Hans De Keulenaer

The cost of fossil fuel subsidies: $557bn | FT Energy Source | FT.com - 0 views

  • Thirty-seven of the world’s biggest developing countries are spent $557bn subsidising fossil fuels that year, according to new estimates by the IEA seen by the FT.
Hans De Keulenaer

The Oil Drum: Europe | Why wind needs feed-in tariffs (and why it is not the enemy of n... - 0 views

  • An argument often heard against wind is that it costs a lot in public subsidies for a solution that will always have a limited impact (because it still produces only a small fraction of overall needs, and because of its unreliability linked to its intermitten nature). This is an argument worth addressing in detail, especially when it is pointed out, as the graph shows, that wind is already almost competitive with the other main sources of electricity, which suggests that it might not even need the subsidies then (and the increase in commodity prices since that graph was prepared using 2004 data, only reinforces that argument).
Hans De Keulenaer

India to provide subsidy for solar power plants | Environment | Reuters - 0 views

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    India will subsidize the running of solar power plants to help develop a renewable energy infrastructure, where high costs can be prohibitive, the minister for renewable energy said on Wednesday. Renewable energy accounts for about 7.5 percent of India's installed generation capacity of 127,673 MW, a rate that compares favorably with much of the rest of the world. Much of this capacity is wind-based, and the share of solar power is small. "My ministry will provide financial assistance amounting to 12 rupees (30 cents) per kilowatt hour in case of solar photovoltaic and 10 rupees per kilowatt hour in case of solar thermal power fed to the electricity grid," Vilas Muttemwar said in a press conference.
Hans De Keulenaer

Solar power edges towards boom time | UK | Reuters - 0 views

  • Subsidies are needed because solar is still more expensive than conventional power sources like coal, but costs are dropping by around 5 percent a year and "grid parity", without subsidies, is already a reality in parts of California. Very sunny countries could reach that breakeven in five years or so, and even cloudy Britain by 2020. "At that point you can expect pretty much unbounded growth," General Electric Co's Chief Engineer Jim Lyons told the Jefferies conference in London on Thursday, referring to price parity in sunny parts of the United States by around 2015.
Hans De Keulenaer

How much money do wind subsidies add to domestic fuel bills? | Environment | guardian.c... - 0 views

  • RenewableUK, a trade association representing the renewable energy sector, says that 47% of this total can be attributed to wind. "So we normally say [that for wind power] the RO adds £10 per year to people's fuel bills," says a spokesman.
Hans De Keulenaer

Madrid veut réduire de 30% ses subventions au solaire, et rétroactivement | G... - 0 views

  • Selon Thomas Diaz, le porte-parole de l'ASIF cité par Reuters, la Fédération espagnole du photovoltaïque, le gouvernement propose, en effet, de diminuer les subventions aux installations photovoltaïques existantes de 30%, et pour les futures installations de 25% pour les grands toits solaires, de 45% pour les grandes centrales au sol et de 5% pour les petits toits résidentiels.
Colin Bennett

Wind Leading the Pack of Winning Clean Tech Technologies - 0 views

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    Wind comes out the clear winner. Concentrated solar power, geothermal, solar photovoltaics, tidal, wave, are good additions to the mix. Hydroelectric is added for its load balancing ability. Nuclear and coal are less beneficial. Corn and cellulosic ethanol should not be included in policy options. Hopefully, the next administration will be wise enough to follow Pr. Jakobson's recommendation . . . and align its subsidies with the right kind of technologies.
davidchapman

BBC NEWS | Science/Nature | Assessing the UK's 'wind rush' - 0 views

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    Wind power is the fastest growing renewable energy sector in Britain. The government is investing massive amounts of money in its future; but experts interviewed on BBC Radio 4's Costing the Earth programme claim the power of the wind to deliver electricity is being overestimated by companies keen to cash in on big subsidies.
Hans De Keulenaer

Fraser Institute - Government subsidies and rebates discourage Ontario industry from re... - 0 views

  • “It’s not surprising there’s been little improvement in demand responsiveness given that a series of special rebates, the availability of fixed-term contracts, and the rules governing the behaviour of the Independent Market Operator combined to shield market participants from electricity price increases,”
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