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Transition
Effective identification and assessment of various energy transition risks are essential for ensuring energy security. This study conducts a systematic review of the literature on energy transition risk assessment, with three principal objectives: ① establishing a standardized risk taxonomy, ② analyzing the characteristics of current assessment methodologies, and ③ identifying the priority research directions. First, energy transition risks are structured into two categories: implementation risks and consequential risks. Subsequently, assessment methodologies are categorized into five methodological groups: the indicator approach, probabilistic risk assessment approach, econometric approach, simulation approach, and hybrid approach.
Watchdog’s flagship report says rise in low-carbon electricity will make transition ‘inevitable’, despite Trump’s calls to carry on drilling
Several, more recent global warming projections in the coupled model intercomparison project 6 contain extensions beyond year 2100–2300/2500. The Atlantic meridional overturning circulation (AMOC) in these projections shows transitions to extremely weak overturning below the surface mixed layer (<6 Sv; 1 Sv = 106 m3 s−1) in all models forced by a high-emission (SSP585) scenario and sometimes also forced by an intermediate- (SSP245) and low-emission (SSP126) scenario. These extremely weak overturning states are characterised by a shallow maximum overturning at depths less than 200 m and a shutdown of the circulation associated with North Atlantic deep water formation. Northward Atlantic heat transport at 26°N decreases to 20%–40% of the current observed value. Heat release to the atmosphere north of 45°N weakens to less than 20% of its present-day value and in some models completely vanishes, leading to strong cooling in the subpolar North Atlantic and Northwest Europe. In all cases, these transitions to a
The results of one election can’t stop the momentum of the energy transition. But they can do a lot of damage.
UN says a global ‘backlash’ against climate action is being stoked by fossil fuel companies
A new study finds that the mining and processing of the metal critical to EV batteries and renewable energy storage projects depletes and contaminates surface water, often in already vulnerable communities.
This essay takes up and extends an analysis of the ambitions of the energy transition presented during the conference entitled “L’erreur fondamentale de la transition”, held in Lausanne in December 2022, at the annual Switzerland ShiftersDay. The intervention questioned the conceptualization of energy transition, given possible inaccuracies, or errors in the categorization of reality. It is not certain that the energy contained in the wind, solar radiation, or atoms is equivalent to hydrocarbon energy for human societalneeds. Although all energies are theoretically convertible into one another, the assumption that any type of energy can always be replaced by another is likely to prove false. An energy transition based on the substitution of energies would then be inconceivable.
Foundational innovation in cloud technology and artificial intelligence will require more energy than ever before—shattering any illusion that we will restrict supplies.
Sharp declines in critical mineral prices mask risks of future supply strains as energy transitions advance - News from the International Energy Agency
Global investment in the clean energy transition grew by 17% in 2023, showing resilience despite geopolitical tensions, high interest rates, and inflation. But was it enough to keep the world on track to hit net zero by 2050? To answer this question, we compare 2023 clean energy investment by sector with what’s annually needed to reach net zero by 2050, in partnership with the National Public Utilities Council.
Here are the real reasons we’re not building clean energy anywhere near fast enough.
EUCityCalc has officially launched its free, open source online platform that allows local councils and other stakeholders to visualise and simulate low-carbon scenarios for their towns and cities, as well as to assess the trade-offs related to available choices.
New path to transition away from fossil fuels marred by lack of finance and loopholes COP28 in Dubai sends an important signal on the end of fossil fuels but leaves more questions than answers on how to ensure a fair and funded transition that is based on science and equity
BP, Shell, and TotalEnergies found to be leading a multi-pronged influencing campaign that could lock in fossil gas across both continents, with push back coming from more renewables-focused European energy players.
Energy return on investment (EROI) is a biophysical and ecological economics concept that is useful to think about how organisms, ecosystems and societies must obtain enough surplus energy returned from energy gathering activities to live, reproduce, and thrive. EROI can help us overcome the false dualism between nature and society. EROI is a useful metric for economics because it is based on immutable physical laws rather than sometimes arbitrary human preferences. It is essential for assessing useful power, energy trade-offs, efficiencies (and inefficiencies), resource depletion trends, resource quality, and surplus potentials of different fuels and technologies that power, or might power, our socio-economic systems. Apparent inconsistencies in the literature can generally be reduced or eliminated by paying careful attention and explicitly stating boundaries and definitions. We argue that proper use of EROI is critical to understand the interconnections among the environment, energy, and socio-economic deve
A novel methodology is developed to dynamically assess the energy and material investments required over time to achieve the transition from fossil fuels to renewable energy sources in the electricity sector. The obtained results indicate that a fast transition achieving a 100% renewable electric system globally by 2060 consistent with the Green Growth narrative could decrease the EROI of the energy system from current ~12:1 to ~3:1 by the mid-century, stabilizing thereafter at ~5:1. These EROI levels are well below the thresholds identified in the literature required to sustain industrial complex societies. Moreover, this transition could drive a substantial re-materialization of the economy, exacerbating risk availability in the future for some minerals. Hence, the results obtained put into question the consistence and viability of the Green Growth narrative.
Many people believe that wind, solar and electric vehicles are solutions to our energy problems. In this post I talk about the important role complexity plays. Growing complexity uses energy in hidden ways. The result tends to be more energy use, rather than less, as complex solutions such as wind turbines, solar panels and electric vehicles are added. Many measures of energy desirability give unreasonably favorable ratings to wind and solar and electric vehicles. The problem is that dual systems are needed, driving up energy consumption. Without enough energy, economies tend to collapse. This is a form of simplification.
This study evaluates how Europe can fulfil its goal of “achieving resource security” and “reducing strategic dependencies” for its energy transition metals, through a demand, supply, and sustainability assessment of the Green Deal and its resource needs.
The current energy transition is powered by the realization that avoiding the catastrophic effects of climate change requires a reduction in greenhouse gas emissions. This infographic provides historical context for the ongoing shift away from fossil fuels using data from Our World in Data and scientist Vaclav Smil.
An all-electric future depends heavily on copper, and looming supply shortfalls could hamper nations’ goals of reaching net-zero emissions by 2050, according to a new report from S&P Global. Unless significant new supply becomes available, climate goals will be “short-circuited and remain out of reach,” the report says.
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