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    EU-China Energy Magazine Summer Issue: 2020, #2
    EU-China Energy Magazine Summer Issue: 2020, #2
    EU-China Energy Magazine Summer Issue: 2020, #2
    Ebook101 pages47 minutes

    EU-China Energy Magazine Summer Issue: 2020, #2

    By EU-China Energy Cooperation Platform Project

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    About this ebook

    EU-China Energy Cooperation Platform Project is funded by the European Union Foreign Policy Instrument

     

    Copyright European Union 2020. All Rights Reserved. 

     

    ISBN 9781393996767

    LanguageEnglish
    PublisherEU-China Energy Cooperation Platform
    Release dateJul 4, 2020
    ISBN9781393996767
    EU-China Energy Magazine Summer Issue: 2020, #2

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      Book preview

      EU-China Energy Magazine Summer Issue - EU-China Energy Cooperation Platform Project

      Contents

      About ECECP

      Disclaimer

      Foreword

      Letter from ECECP

      1. What role do energy consumers play in the EU’s climate neutrality?

      In the past ten years, the EU legislation often put citizens at its core and is talking about consumer empowerment. How do you define Consumer Empowerment?

      What role do local communities play in the energy transition of the EU?

      So the support of Energy Communities would be one tool of the European Union to increase the acceptance on a local level, right?

      As we heard before, consumers will play a more active role in the future. How do you define an active consumer and what does the active consumer of the future in the EU look like?

      Do you think that every consumer is going to be an active consumer in the future?

      Which role do smart meters play in this development?

      How does such an aggregator look like?

      In addition to consumer empowerment, which other energy issues will play a major role in the future?

      2. Investing for tomorrow, because Energy subsidies will decline 25% by 2050 – analysis

      The cost of subsidies matter now more than ever

      Energy subsidy projections for the transition: trending down, not up

      Current subsidy breakdown

      Total subsidies lower in 2030, 2050

      Fossil fuel subsidies decline significantly

      Other subsidies increase, but evolve

      EU outlook

      3. Grid Battery tech on track. It now needs re-designed markets, monetisation

      Innovations: Vehicle-2-Grid, Smart Charging

      Cost reductions: $61/kWh by 2030

      Grid stability

      Market design is a key barrier, but reforms are happening

      Fostering storage participation: case study UK

      Stacking revenues the key for storage project viability: case study South Australia

      The role for international cooperation: the Energy Storage Partnership (ESP)

      The IRENA Electricity Storage Valuation Framework (ESVF)

      4. DSOs can use digitalisation to empower all grid stakeholders

      Technology, culture change needs time

      Regulators’understanding of DSOs

      Why is the DSO world changing? 3 factors

      What changes might DSOs have to make?

      So why is ‘digital’ key?

      What progress so far?

      Quo vadis for DSOs: how to be a hero in digital?

      Quo vadis for DSOs: how to be hero in the energy transition?

      Final words opening the debate

      5. Green Ammonia can replace fossil fuel storage at scale

      Existing chemical storage: natural gas, petrol, diesel, kerosene

      Pure hydrogen’s volumetric energy density is low

      Looking for a suitable chemical energy vector

      Ammonia, NH3

      Ammonia production is already 180m tonnes/year worth €80bn

      Green hydrogen boosts ammonia’s potential

      Siemens Green Ammonia Demonstrator

      Scale-up technology is already tried and tested

      Chemical Energy v Batteries

      The future for ammonia

      6. Report Takeaways: Oil from a Critical Raw Material Perspective , Geological Survey of Finland

      Oil and Economy

      Oil Consumption

      Oil production

      Investment in the Oil Industry

      Peak Oil

      7. Hallstatt: where innovation and conservation meet

      About Heat Pumps

      Benefits

      The heat pump market

      Hallstatt: A case for heat pumps

      Conclusion

      About Hallstatt, A World Heritage Site Official Hallstatt site: www.hallstatt.net

      About ECECP

      EU-China Energy Cooperation Platform was launched on 15 May 2019, to support the implementation of activities announced in the Joint Statement on the Implementation of EU-China Energy Cooperation.

      The Joint Statement was signed during the 8th EU-China Energy Dialogue that was held in Brussels on 9th April between Commissioner for Climate Action and Energy Miguel Arias Cañete and the Administrator of the National Energy Administration of China Mr ZHANG Jianhua, back-to-back with the 21st EU-China Leaders’ Summit on 9 April 2019 and was witnessed by Jean-Claude Juncker, President of the European Commission; Donald Tusk, President of the Council of Europe and Dr Li Keqiang, Premier of China.

      The start of the implementation of the EU-China Energy Cooperation Platform (ECECP) was included in the EU-China Leaders Summit Joint Communique.

      The overall objective of ECECP is to

      "enhance EU-China cooperation on energy. In line with the EU’s Energy Union, the Clean Energy for All European initiative, the Paris Agreement on Climate Change and the EU’s Global Strategy, this enhanced cooperation will help increase mutual trust and understanding between EU and China and contribute to a global transition towards clean energy on the basis of a common vision

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