logo
#

Latest news with #Energies

Greasing the wheels of the energy transition to address climate change and fossil fuels phase out
Greasing the wheels of the energy transition to address climate change and fossil fuels phase out

Business Mayor

time04-05-2025

  • Science
  • Business Mayor

Greasing the wheels of the energy transition to address climate change and fossil fuels phase out

The global energy system may be faced with an inescapable trade-off between urgently addressing climate change versus avoiding an energy shortfall, according to a new energy scenario tool developed by University of South Australia researchers and published in the open access journal Energies . The Global Renewable Energy and Sectoral Electrification model, dubbed 'GREaSE', has been developed by UniSA Associate Professor James Hopeward with three civil engineering graduates. 'In essence, it's an exploratory tool, designed to be simple and easy for anyone to use, to test what-if scenarios that aren't covered by conventional energy and climate models,' Assoc Prof Hopeward says. Three Honours students — Shannon O'Connor, Richard Davis and Peter Akiki — started working on the model in 2023, hoping to answer a critical gap in the energy and climate debate. 'When we hear about climate change, we're typically presented with two opposing scenario archetypes,' Assoc Prof Hopeward says. 'On the one hand, there are scenarios of unchecked growth in fossil fuels, leading to climate disaster, while on the other hand there are utopian scenarios of renewable energy abundance.' The students posed the question: what if the more likely reality is somewhere in between the two extremes? And if it is, what might we be missing in terms of risks to people and the planet? After graduating, the team continued to work with Assoc Prof Hopeward to develop and refine the model, culminating in the publication of 'GREaSE' in Energies . Using the model, the researchers have simulated a range of plausible future scenarios including rapid curtailment of fossil fuels, high and low per-capita demand, and different scenarios of electrification. According to Richard Davis, 'a striking similarity across scenarios is the inevitable transition to renewable energy — whether it's proactive to address carbon emissions, or reactive because fossil fuels start running short.' But achieving the rapid cuts necessary to meet the 1.5°C targets set out in the Paris Agreement presents a serious challenge. As Ms O'Connor points out, 'even with today's rapid expansion of renewable energy, the modelling suggests it can't expand fast enough to fill the gap left by the phase-out of fossil fuels, creating a 20 to 30-year gap between demand and supply. 'By 2050 or so, we could potentially expect renewable supply to catch up, meaning future demand could largely be met by renewables, but while we're building that new system, we might need to rebalance our expectations around how much energy we're going to have to power our economies.' The modelling does not show that emissions targets should be abandoned in favour of scaling up fossil fuels. The researchers say this would 'push the transition a few more years down the road.' Assoc Prof Hopeward says it is also unlikely that nuclear power could fill the gap, due to its small global potential. 'Even if the world's recoverable uranium resources were much larger, it would scale up even more slowly than renewables like solar and wind,' he says. 'We have to face facts: our long-term energy future is dominated by renewables. We could transition now and take the hit in terms of energy supply, or we could transition later, once we've burned the last of the fossil fuel. We would still have to deal with essentially the same transformation, just in the midst of potentially catastrophic climate change. 'It's a bit like being told by your doctor to eat healthier and start exercising. You've got the choice to avoid making the tough changes now, and just take your chances with surviving the heart attack later, or you get on with what you know you need to do. We would argue that we really need to put our global energy consumption on a diet, ASAP.' The researchers have designed the model to be simple, free and open source, in the hope that it sparks a wider conversation around energy and climate futures.

Morocco's Energy Bill Shrinks by 11.6% in January
Morocco's Energy Bill Shrinks by 11.6% in January

Morocco World

time05-03-2025

  • Business
  • Morocco World

Morocco's Energy Bill Shrinks by 11.6% in January

Morocco's energy bill sat at MAD 8.53 Billion by the end of January, marking a decline of 11.6% compared to the same period of the previous year, according to the Exchange Office's latest monthly bulletin. The rise in imports of energy products is primarily due to the drop in supplies of gas, oils and fuels by 26.1% due to prices declining by 8.3%, along with a drop in imported quantities by 19.4%, the Office explains. The decrease in the bill is also attributed to the decline in imports of gas and fuel oils by 26.1% qt 3.67 MAD Billion, and that of other hydrocarbons by 15.7% at MAD 1.63 Billion. According to the same data, the total imports of goods has increased by 3.4% in one year reaching MAD 59.84 Billion. Leila Benali, Minister of Energy Transition and Sustainable Development, declared at the House of Representatives earlier in January that a new energy efficiency approach could help Morocco save up at least 20% in energy consumption by 2030. The energy minister has also repeatedly emphasized the importance of renewable energies, stressing the need for Morocco to invest in the green sector all while endowing its gas sector to account for the intermittency of renewables. Tags: fuel prices in MoroccoMorocco's renewable EnergyRenewable Energies

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store