Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • CCUS
  • Cap & Trade Markets
  • Voluntary Markets & Offsets
  • Corporate & Finance
  • Net Zero Strategies
  • Podcasts
Search
Related Articles
Outlook 2023: SMRs: The answer to the world’s energy trilemma?
With the right policies, security of supply should not be an opposing force to decarbonisation
Outlook 2023: SMRs: The answer to the world’s energy trilemma?
With the right policies, security of supply should not be an opposing force to decarbonisation
Countries must stop coal approvals to reach net zero – IEA
Transition is complicated in countries with high coal dependency because of remaining lifetimes of plants and expense of gas
Outlook 2023: The geothermal prize in tackling the energy trilemma
Geothermal has seen limited development to date. But technological improvements and the prospect of critical mineral recovery could tip the balance of project costs
Cop27 yields new deal on loss and damage
Progress made on loss and damage and on carbon markets, but not on emissions reductions
EU agrees to loss-and-damage fund
The bloc makes negotiating concession as it looks to tie loss-and-damage fund to mitigation
EU energy sector CO₂ emissions start to fall
Decline follows more than 12 months of rising year-on-year figures due to low nuclear output and increasing demand
No new oil and gas to meet 1.5°C
Report from IISD says new hydrocarbon investments are not compatible with 1.5°C carbon budgets
Global carbon emissions set to rise in 2022 – IEA
World on course for 33.8bn t of CO₂ emissions this year, but major deployments of renewables and EVs have slowed rate of increase
Germany stands firm on nuclear phase-out
Government plans to end nuclear generation in near term despite move to keep plants operational through this winter in response to energy crisis
Over a quarter of existing hydropower dams are within river basins with medium-to-very-high risk of water scarcity
Climate change Nuclear Hydropower Energy security
Tom Young
17 October 2022
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Climate change threatens energy assets

More than 70pc of installed capacity is sited in regions that will face extreme heat and more tropical cyclones in future

Changes to the earth’s climate pose significant risks to energy infrastructure, directly affecting fuel production and distribution assets, according to a report from UN agency the World Meteorological Organisation (WMO). More than 70pc of installed power capacity in operation or under construction is sited in three regions—Eastern North America, Western and Central Europe, and East Asia—that will face both extreme heat and tropical cyclones in the future. This could have an adverse effect on renewable energy assets, such as wind and solar resources, while biomass and biofuel availability are also sensitive to changing climate. Water availability is a significant issue. In 2020, 87pc of glob

Also in this section
Letter on carbon: Has the EU ETS come of age?
28 November 2025
The launch of the bloc’s emissions trading system in 2005 was a pioneering step, but as the scheme hits 21 its impact as a driver of decarbonisation is still open to debate
Can Oxy’s integrated CO₂ approach set a new benchmark for transition-era oil companies?
18 November 2025
Vicki Hollub, president and CEO of Occidental, has been selected as the 2026 recipient of the Dewhurst Award, the highest honour bestowed by WPC Energy. The Dewhurst Award celebrates exceptional leadership, groundbreaking innovation and a lifetime of significant achievements in sup-port of the development and advancement of the energy industry.
Letter from London: Show me the carbon
11 November 2025
Transition policies must recognise that significant industrial demand for carbon will continue even as economies hit net zero
Letter from Europe: Western retreat raises doubts over climate leadership
Opinion
6 November 2025
After years of pursuing ideologically driven climate leadership, Western powers are now stepping back under mounting political pressure and rising populist opposition—prompting concern essential climate action could be sidelined

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search