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.
Read More
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.
Read More
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.
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.
Read More
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%.
Read More
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.
Read More
EV adoption is underway in some Latin American markets for the passenger vehicle segment. The 2020 EV sales shares for passenger vehicles are scaling up in Costa Rica and Colombia at 0.6% each, and in Chile at 0.5%. Mexico and Brazil have higher EV sales but lower market shares due to their bigger market sizes. Similar to developing countries in other regions, electric passenger car uptake is still at a very early stage in the Latin America.
Read More
The climate disclosure rule proposal from the SEC on March 21, 2022 opens the door for the broadest federally mandated corporate ESG data disclosure requirement ever in the US. The proposed rule’s aim is to improve the consistency, quality and comparability of company-reported climate-related risks. This would enable investors to incorporate these risks and opportunities into their fundamental assessments more effectively while simplifying and clarifying the reporting expectations for companies.
Read More
There has been growing interest in introducing a national low carbon fuel standard (LCFS) in the United States as a replacement for the current Renewable Fuel Standard (RFS). The RFS, a program that mandates increasing volumes of various types of biofuels over time, is not well defined by law after 2022 and has become politically divisive.
Read More
Government can supercharge renewables deployment this decade by ensuring all relevant bodies have a mandate aligned with the UK’s 2035 net zero power system target, scaling up support to attract renewable supply chain investment to the UK, and setting ambitious interim targets for renewables technologies. While existing oil and gas production should continue to be used, future licensing rounds will not play a part in eliminating UK’s reliance on Russian gas due to the long time to bring projects online.
Read More
The climate and clean energy provisions Congress is discussing would catalyze the deployment of clean energy technologies, resulting in significant reductions in oil and natural gas demand. The findings from Energy Innovation’s modeling underscore the role the climate and clean energy provisions Congress is now considering could have in securing U.S. energy independence and supporting its allies while also growing its economy and cutting its emissions.
Read More
Vietnam offers the highest potential job creations in hydro, solar and wind power. Geothermal jobs are highly needed in Indonesia. More than half of ASEAN’s new RE jobs are in Vietnam (56%) and the remainder are distributed proportionally in seven ASEAN Member States (AMS): Indonesia (10%), Myanmar (11%), the Philippines (9%), Lao PDR (4%), Malaysia (3%), Thailand (3%) and Singapore (2%).
Read More
To help meet aggressive US state and federal clean energy goals, many more community solar projects must be built across the country. This paper proposes a siting framework for community solar projects, which can produce much needed zero-carbon electricity, while serving important ecosystem enhancement and conservation roles. Responsible siting such as that proposed here can help preserve community character while protecting individual property rights.
Read More
The net zero pledges affect the zero-emission targets of 3 state-owned utilities in ASEAN which also operate a large fleet of CFPPs. Noting the breadth of outcomes from the coal companies’ transition strategies, 3 AMS had addressed the issues of skill requirements, workers’ rights and inclusive growth in the regulation: the Philippines, Singapore and Malaysia.
Read More
This working paper by International Council on Clean Transportation assesses the electric vehicle charging infrastructure required in Québec province through 2035 and provides a specific focus on Montréal. The analysis focuses on light-duty vehicles including passenger cars, taxis, private-hire vehicles, and light commercial vehicles. The geographic scope covers 17 administrative regions and results are presented at the provincial and regional levels.
Read More
On 1 January 2022, revised State aid rules on Important Projects of Common European Interest (IPCEIs) entered into force in the EU. The new rules set out the criteria for eligible support to cross-border IPCEIs that overcome market failures and enable breakthrough innovation in key sectors and technologies and infrastructure investments, with positive spill-over effects for the EU economy at large.
Read More
Several U.S. states announced ambitious offshore wind capacity targets in recent years, along with programs to facilitate the achievement of these goals. The expected resulting addition of offshore wind facilities offers multiple economic and clean energy benefits. The facilities may also introduce operating challenges to the U.S. power grid that demand consideration.
Read More
This paper assesses power sector pathways to net-zero emissions by 2050 for ASEAN using LEAP. In addition to simulating a net-zero emissions scenario, the paper builds reference and renewable policy scenarios, enabling an analysis of additional measures required beyond the business as usual and current policy trajectories to achieve net-zero emissions.
Read More
At COP26 in Glasgow, the German government signed the Statement on International Public Support for the Clean Energy Transition, calling on signatories to end the financing of unabated fossil fuels abroad through public funds by the end of 2022. At the same time, green investments should be significantly scaled up in order to drive forward the energy transition, especially in emerging and developing countries.
Read More
E3G has released a parliamentary briefing which defines a Net Zero Financial System as an alignment of both public and private financial flows with the UK’s targets on net zero and climate resilience. It highlights what progress the UK Government has made to date on green financial reform, and what is still missing to successfully deliver a UK Net Zero Financial System before COP27.
Read More
