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