The analysis finds that the response should be anchored around accelerated investment in renewable energy and economy wide electrification, together with improved energy efficiency. The paper also highlights tricky trade-offs and choices that have to be made. Actions which could seriously delay or imperil the energy transition are unnecessary and undesirable.
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Progression of variable renewable energy, electric vehicle, and smart microgrid among the ASEAN Member States is facilitated through policy mapping. AMS have concrete policies and targets for variable renewable energy as part of their existing renewables implementation frameworks; solar power is expected to be a significant contributor to the total renewables generation.
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This companion policy report provides California policymakers with no-regrets actions to implement reliability insights from the technical analysis. The recommendations show how the state can mitigate risks from deploying resources too slowly, and reduce air pollution impacts of legacy natural gas power plants, while expanding resource diversity and regional coordination to improve reliability.
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Belgium has made notable progress on deploying offshore wind and increasing the share of electric vehicles. However, fossil fuels still dominate the country’s energy mix, a dependence that is expected to increase. All sectors have considerable work ahead of them to meet Belgium’s targets for increasing the share of renewables, lowering energy demand and reducing emissions.
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Climate change is much more than an environmental crisis—it’s a systemic crisis that will transform the geopolitical landscape. And the consequences for the Indo-Pacific, already the most exposed region in the world to climate hazards and home to the world’s fastest growing populations, economies and geopolitical rivalries, will be profound.
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The special edition report on global energy transition builds on the trends from the Energy Transition Index to provide perspective on the current challenges and recommendations on how to navigate the transition through a turbulent macroeconomic and geopolitical environment. A series of compounded shocks pose short-term risks to energy affordability, sustainability, and energy security.
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Imported green hydrogen produced from renewable energy — and the green ammonia made with it — are crucial for European industry to eliminate its reliance on Russian natural gas. Imports of these clean energy fuels are already cost-competitive and can substitute most fossil fuels used by heavy industry and transport in the EU within eight years.
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The hope and expectation are that, similar to prior iterations of the Build Back Better Act, the package will include 10-year extensions of the renewable energy production and investment tax credits, coupled with new direct pay provisions
and incentives for key enabling technologies, like energy storage and high-voltage transmission. The clean energy industry is ready to put additional capital to work immediately to take advantage of this crucial package.
By shedding more light on reporting practices, the aim is to understand the availability and attributes of disclosure on the use of proceeds (UoP) and environmental impacts/benefits of the projects, assets and activities financed by green bonds. This can identify avenues for improvement and spur more informed discussions among various market participants.
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China is the world’s largest producer and consumer of chemical products. China’s chemicals industry accounts for 20 percent of total national industrial emissions and 13 percent of the country’s total CO2 emissions. The zero-carbon transformation of the chemicals industry is critical to the national goal of carbon neutrality and the low-carbon transformation of the global chemicals value chain.
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The IEA’s analysis begins with a definition of charging infrastructure and describes the different business models associated with it. It presents a number of policy examples and conclude with five key recommendations for ensuring the efficient roll-out of public charging infrastructure.
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ICF summarizes the latest developments and provides analysis of the key provisions for transitioning existing queued projects, as well as which projects are exempted from this reform process. It also discusses PJM’s proposed transition plan for existing queued projects and associated interconnection cost and timing implications using a case study example.
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Based on the review and analysis of the market in 2021, this report then lays out five procurement options that are currently available for corporations to choose from, and tracks the updates and addresses the challenges of each option. Finally, the report proposes four steps that can be used as a guideline for making procurement decisions.
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EV adoption is still at a very early stage for most countries in Eurasia, although several countries are scaling up EV sales of passenger vehicles. Ukraine and Jordan have higher EV market shares for passenger cars than other emerging economies, at 1.5% and 1.1%, respectively, as of 2020. Early signs of EV uptake are apparent in Lebanon, Nepal, Turkey, Serbia, and Belarus, with market shares between 0.1% and 0.3%.
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As the offshore wind industry expands to new and early-stage markets in Asia, the labour requirements call for technical and specialised roles across the entire offshore wind supply chain. Often, those roles are not being fulfilled locally and require transfer of knowledge or experience from more experienced companies, like those in Singapore.
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The Australian renewable energy industry accounted for 32.5 per cent of Australia’s total electricity generation in 2021, which represented an increase of almost 5 percentage points compared to 2020. This growth was again led by small-scale solar, which added 3.3 GW of new capacity during the year to record its fifth-straight record-breaking year.
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The report examines decarbonisation strategies in three key transportation subsectors. It explores how both corporates and investors plan to cut emissions, their ambitions and investment plans, and the impact of government policy and new technologies. It also examines the steps they are considering as they look to optimise their investments and minimise risks.
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Rapid growth in renewable energy deployment could enable Mexico to achieve its 35% clean energy generation goal by 2024, generate high levels of investment, increase energy access, reduce costs to consumers, and—together with other technical measures—improve the reliability and resilience of Mexico’s power system.
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RD-Law 6/2022 orders an extraordinary review of the parameters for 2020-2022, applicable as of 1 January 2022. The parameters will be approved in 2 months. The mechanism to adjust for market price deviations for energy produced in 2023 and subsequent years is eliminated. The declared aim of these measures is to reduce the charges of the electric system and to supposedly thereby lower the final price of the energy.
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This report contains the latest developments and good practices to develop grid connection codes for power systems with high shares of variable renewable energy – solar photovoltaic and wind. This report elaborates on the latest developments and experiences related to technical requirements for connecting variable renewable energy generators and enabling technologies such as storage, electric vehicles or flexible demand.
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