It is still shocking that oil companies like ENI, Shell, Total or Statoil now promote clean energy.
To strengthen, the oil companies summoned the large employers of the renewable sector in Europe and convinced them to join. The alliance is made up of SolarPower Europe, WindEurope, Estela, and companies such as Siemens (a gas turbine manufacturer), Nordex Acciona, SMA or First Solar.
The aim of this alliance is to supplant coal to comply with the limits imposed by the EU's climate and energy package.
The main objectives of the package of measures are three:
- 20% reduction in greenhouse gas emissions (emissions of 550 grams of CO2 / kWh)
- 20% renewable energy in the EU
- 20% improvement in energy efficiency
And therein lies the real cause, in the interests of gas to fill the gap that coal would supposedly leave if the limit measure of 550 grams of CO2 is finally implemented. The disappearance of the current coal plants would leave a huge gap for the combined cycles that are supplied with natural gas.
For this reason, the alliance is supported by Spanish companies such as Gas Natural Fenosa and Iberdrola that have numerous combined cycles. The entry of gas for coal would have a negative effect on the prices of electricity markets causing them to skyrocket.
Gas supposedly pollutes less than coal, but it is far from being a clean energy as they want to show. It is true that it does not exceed a limit of 550 grams of CO2, and that is why it is supported by both oil companies and renewables.
Both will benefit from this by firing the electrics and of course better together than separately.
With information from: