Three revelations from the World Energy Congress in Istanbul
Now that the triennial World Energy Congress, hosted by the World Energy Council, has come to a close, we take a look at three developments that emerged over the course of the five-day meeting in Istanbul.
1. The ‘Turkish Stream’ project is going to go ahead
For a while, tensions between Turkey and Russia seemed to have halted plans to build a gas pipeline connecting the two countries. However, both Vladimir Putin and Turkish President Recep Tayyip Erdoğan have voiced support for the project at the World Energy Congress.
"We have been providing energy for the EU for the past 50 years," Putin said in a speech. "We are now working on a second project. We are discussing the Turkish Stream with Erdogan and our other partners and we want to bring this about."
Erdogan also weighed in, saying: "We look positively at the Turkish Stream project. Our efforts are continuing."
2. There might be intra-Russian tensions brewing
Vladimir Putin told the energy congress on Monday that Russia would be open to the idea of joining an oil production freeze in line with OPEC — but this was quickly refuted by Rosneft head Igor Sechin. The leader of the Russian state-owned oil major responded “why should we do it?” when asked if the country would be aligning with OPEC’s production cap.
3. The price of oil won’t hinder the transition to renewables
Tom Delay, CEO of the Carbon Trust, told CNBC that the price of oil is not going to make a difference to the uptake of renewable technologies.
"Oil price is one thing: it's not going to make any difference to the transition to a new world order in terms of… more energy efficiency, more renewables, solar coming down in cost, wind coming down in cost, that's a progressive that's happening at the moment," he said.
Read the October 2016 issue of Energy Digital magazine
All but two UK regions failing on school energy efficiency
Most schools are still "treading water" on implementing energy efficient technology, according to new analysis of Government data from eLight.
Yorkshire & the Humber and the North East are the only regions where schools have collectively reduced how much they spend on energy per pupil, cutting expenditure by 4.4% and 0.9% respectively. Every other region of England increased its average energy expenditure per pupil, with schools in Inner London doing so by as much as 23.5%.
According to The Carbon Trust, energy bills in UK schools amount to £543 million per year, with 50% of a school’s total electricity cost being lighting. If every school in the UK implemented any type of energy efficient technology, over £100 million could be saved each year.
Harvey Sinclair, CEO of eEnergy, eLight’s parent company, said the figures demonstrate an uncomfortable truth for the education sector – namely that most schools are still treading water on the implementation of energy efficient technology. Energy efficiency could make a huge difference to meeting net zero ambitions, but most schools are still lagging behind.
“The solutions exist, but they are not being deployed fast enough," he said. "For example, we’ve made great progress in upgrading schools to energy-efficient LED lighting, but with 80% of schools yet to make the switch, there’s an enormous opportunity to make a collective reduction in carbon footprint and save a lot of money on energy bills. Our model means the entire project is financed, doesn’t require any upfront expenditure, and repayments are more than covered by the energy savings made."
He said while it has worked with over 300 schools, most are still far too slow to commit. "We are urging them to act with greater urgency because climate change won’t wait, and the need for action gets more pressing every year. The education sector has an important part to play in that and pupils around the country expect their schools to do so – there is still a huge job to be done."
North Yorkshire County Council is benefiting from the Public Sector Decarbonisation Scheme, which has so far awarded nearly £1bn for energy efficiency and heat decarbonisation projects around the country, and Craven schools has reportedly made a successful £2m bid (click here).
The Department for Education has issued 13 tips for reducing energy and water use in schools.