Big Moves
EDF Renewables acquires 280 MW wind project in Australia
EDF Renewables has acquired a wind farm project in the Australian state of Queensland. The project is expected to have a power generating capacity of about 280 MW and also has approval for a battery storage component. The project, named Banana Range wind project has been purchased from Goldwind Australia and Lacour Energy.
News
Egypt exploring the possibility of exporting renewable energy to Iraq via Jordan
The Egyptian government has announced that it is exploring the possibility of exporting some of its renewable energy to Iraq. For this, the government would have to construct new power lines to boost the Iraqi grid through Jordan. Further, Egypt will first have to increase the capacity of the electricity line that links it to Jordan. The submarine cable is 13 km in length and has a power rating of 400 kV. It crosses the Gulf of Aqaba, with an exchange capacity of 550 MW, and with an increase in the power of the line, the transfer of power should be possible.
Interviews
Limited supply chain poses a key challenge for offshore wind in Asia: Swancor’s CEO Lucas Lin
With governments in Asia Pacific increasing their focus on developing low-carbon economies, offshore wind is being included as a key component of their energy transition strategies. Countries such as Taiwan have set ambitious targets. However, several challenges still need to be addressed – one of them relates to the development of the corresponding transmission infrastructure, both offshore and onshore.
Opinion & Perspective
Federal and state-level targets pose significant upside risk to strong us offshore wind power outlook
Recent actions by the administration of President Joe Biden, including the establishment of a target to develop 30GW of offshore wind capacity by 2030 as well as ongoing efforts to extend and expand tax credits for the offshore wind sector, pose significant upside risks to our forecasts. In February 2021, we revised up our capacity growth forecast for the US offshore wind power sector as a result of an expanded offshore wind project pipeline, with our forecast including 11.5 GW currently set to come online by the end of the decade.
Mega Trends & Analysis
EV charging data shows widely divergent global path
The most remarkable thing is just how fast China is pulling ahead on this front. China had over 800,000 EV charging outlets available for public use installed at the end of 2020, up from 516,000 in 2019 and 300,000 in 2018. In December 2020 alone, China installed 112,000 public charging points — more than the entire U.S. public charging network.
Policy Watch
Setting the Stage for an EV Future in Washington State
Washington State has passed two leading laws on electric vehicles. The signing of these bills will ensure that people will be able to charge their EV as easily as buying gas and will be able to charge their EVs at home, at work, and on the road as the state moves toward a new goal of all new passenger vehicles being zero-emitting by 2030. A detailed article on this policy development.
Tech Talk
In Europe, a Backlash Is Growing Over Incinerating Garbage
For years, European countries have built “waste-to-energy” incinerators, saying new technology minimized pollution and boosted energy production. But with increasing concern about the plants’ CO2 emissions, the EU is now withdrawing support for these trash-burning facilities.
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Webinars & Videos
IRENA Hydrogen series – Part 1: Green hydrogen: A guide to policy making
The webinar presented key takeaways from the recent IRENA report Green Hydrogen: A Guide to Policy Makers and highlighted the policy pillars to transition green hydrogen from niche to mainstream. These include building national hydrogen strategies, identifying policy priorities, guarantees of origin and enabling policies.
Knowledge Centre
Accelerating Clean Hydrogen in an Electrified Economy
In its new report Making the Hydrogen Economy Possible: Accelerating clean hydrogen in an electrified economy, the ETC outlines the role of clean hydrogen in achieving a highly electrified net-zero economy. The report sets out how a combination of private-sector collaboration and policy support can drive the initial ramp up of clean hydrogen production and use to reach 50 million tonnes by 2030.
Finance
Stepping-up the U.S.’s Global Climate Finance Commitments
During the investment segment of the Leaders Summit on Climate last week, President Biden announced the U.S.’s international climate finance plan. The plan outlines how the US will scale-up international climate finance, with some top-level indications of how much they are aiming to provide over President Biden’s first term. These are smart investments for America that will spur clean energy opportunities around the world, reduce the costs of disasters, and help avoid conflicts.
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This space is reserved for sponsored content and advertising banners. Sponsored content can include white papers, webinars, case studies, research reports and other relevant content. The advertising can be in the form of banners with links to the advertiser’s landing page. If you would like to promote sponsored content or advertise, please write to us at: marketing@reglobal.co