Tag: clean energy future

Renewable gases have a critical role to play: Engie’s Catherine MacGregor

We are indeed among the world leaders in renewables, and that is a platform that we are continuously developing. The strength in renewables is complemented by a large portfolio of flexible generation assets, which are absolutely key to addressing intermittency. And we own and operate significant critical networks and distributed energy infrastructure. Our teams are more focused than ever in contributing to the transformation of the energy mix to the development of both renewable power and renewable gases.

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Britain’s Energy Security Strategy targets 50 GW of offshore wind by 2030

After delays due to concerns within the Treasury, the Government released its highly anticipated British Energy Security Strategy on April 7, 2022. Offshore wind is one of the key cornerstones of the Strategy with the Government signalling its intention to increase capacity up to 50GW by 2030. Targets for low carbon hydrogen production capacity have been doubled to up to 10GW by 2030.

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Central Banking and Climate Action in China: IEEFA Report

Many economists, politicians, and central bankers have been studying, theorizing, and debating the potential role central banking could play in the global effort to promote decarbonization and address climate change. There is little consensus, if any. However, the People’s Bank of China (PBOC) has eschewed debate and quietly made efforts to green China’s financial system for some time.

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Wave energy: can ocean power solve the global energy crisis?

Could the waves in our oceans and seas help tackle the global energy crisis? In theory, yes. Wave energy globally could meet the world’s annual electricity needs, if it was fully harnessed, scientists have estimated. Indeed, the waves around the United States coasts could provide 66% of the country’s electricity, according to the US Energy Information Administration.

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3 ways the circular economy is vital for the energy transition

The circular economy is a system which aims to get the most out of materials, keep products and materials in use and design them to be cycled back into the economy, eliminating waste. It is also a vital pillar of the energy transition. Over 70% of the world’s GDP is now covered by a net-zero target, with many advanced economies aiming to decarbonize by 2050 and China committing to 2060. Transforming our current economic system is both a daunting challenge and a massive opportunity – one like the world has never known.

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Vietnam targets net zero, but struggles to break coal dependence

At the COP26 climate conference last year, Vietnam’s Prime Minister Pham Minh Chính unexpectedly announced a target of reaching net zero by 2050. The country also signed the Global Coal to Clean Power Transition statement, in which it committed to rapidly scale up renewables and build no more new unabated coal power plants. This is a major and unexpected pivot for Vietnam. The country has invested heavily in coal power over the past decade and has the most installed coal capacity among Mekong countries, after China.

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How Can Asia Achieve a Clean Energy Transition? Examples from 5 Countries

Nowhere in the world is as critical for the clean energy transition as Asia, which accounts for almost half of global energy demand and is today the world’s highest emitting region, overtaking historical heavy emitters in North America and Europe. Now it’s important that mammoth economies and smaller countries alike continue to ramp up renewable energy to meet targets, cut emissions and keep communities healthy. So how can Asian countries achieve a successful clean energy transition?

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A flexible power system in Europe

The report “A flexible power system in Europe: Integrated vision for flexibility to enable the clean energy future” has been prepared by Eurelectric. The report showcases the steps to procure flexibility solutions via a market-based approach with concrete examples coming from different companies in Europe. In this respect, Eurelectric has identified a set of key principles that align with the current European regulatory framework and that should guide development of upcoming network codes.

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US Department of Energy brief: Investing in a Clean Energy Future

According to preliminary results of an upcoming analysis by the National Renewable Energy Laboratory (NREL), to reach a largely decarbonized electricity sector by 2035, solar deployment would need to accelerate to three to four times faster than its current rate by 2030. This brief by the US Department of Energy summarizes the evidence of how key investment in solar research and deployment, along with support from the US Department of Energy, can help realize these opportunities for American workers, consumers, and communities.

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