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Smart grids could save the EU €52 billion annually, according to leading smart grid companies that have teamed up to promote European leadership in smart grids.
The sizeable savings would arise from reducing losses in the electricity distribution network through automation and encouraging consumers to cut energy consumption with smart meters that provide more accurate and timely information, experts from the Smart Energy Demand Coalition said at its launch yesterday (15 November) in Brussels
Utilities will also be able to lower the system voltage level and make meter-reading redundant, argued Chris King, chief regulatory officer at eMeter. After deducting necessary costs like the installation of smart meters and new software, the net benefit would still be €31 billion per year, he said.
This week a study on peak oil by a German military think tank was leaked on the Internet. The document shows that the German government is closely studying the issue of peak oil, and is aware of the potential for serious consequences as oil production declines. The study is reminiscent of the Hirsch Report, commissioned by the U.S. Department of Energy, that warned of the risks posed by peak oil.
The document warns of the potential for regional shortages, market failures, and a shift in political power toward those capable of exporting oil. This report describes potential outcomes that require planning and preparation. The scenarios outlined in the paper are exactly the kinds of drivers that lead me to advocate for greater regional energy self-sufficiency. The report clearly lays out just how vulnerable Europe will be because of its continuing dependence upon Russia for both oil and gas, and notes that Russia will be in a very strong political bargaining position as a result.
Old televisions and computers containing hazardous substances are still being exported from Europe despite a ban aimed at stopping the trade, which poisons workers at makeshift recycling plants in Africa and Asia.
Europe's current focus on recovery from recession must not distract us from the question of what kind of economy we want to build. Unless we set our countries on a path to a sustainable low-carbon future, we will face continued uncertainty and significant costs from energy price volatility and a destabilising climate.\nThis is why we today set out our belief that the European Union should raise its emissions target. A reduction of 30 per cent from 1990 levels by 2020 would represent a real incentive for innovation and action in the international context. It would be a genuine attempt to restrict the rise in global temperatures to 2°C - the key climate danger threshold - stiffening the resolve of those already proposing ambitious action and encouraging those waiting in the wings. It would also make good business sense.
New research reveals that Europe could not feed itself on fish from EU waters for more than 189 days a year, and from today is dependent on fish caught elsewhere.
EU lawmakers were today (14 June) accused of watering down landmark climate change legislation in order to allow fuels derived from the controversial Canadian tar sands to be imported into Europe.
Last year the European Commission’s proposals for the Fuel Quality Directive penalised tar sands oil for emitting significantly more greenhouse gases than conventional oil, but following lobbying by the Canadian Government all reference to tar sands has been dropped.
Now a new coalition made up of The Co-operative, WWF, Greenpeace, Friends of the Earth and Transport and Environment, is calling upon the Commission to reverse its decision and will publicly campaign for the European Parliament to reject the proposals in the autumn.
Europe can switch to low carbon sources of energy without jeopardising reliability or forcing up energy bills to punitive levels, according to a major new study that claims to be the most comprehensive assessment to date of the viability of zero carbon power supplies.
"Europe should set a good example by agreeing to cut emissions by 30 percent from 1990 levels before the start of the climate change conference in Copenhagen, urges Stavros Dimas, the Environment Commissioner of the European Union."
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