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Dutch-Spanish startup navigates coronavirus fallout while also guiding utilities into the digital age

July 9, 2020 by Jeff Benzak

In late summer 2015 at a research university in Belgium, an Italian graduate student new to campus attended a welcome event hosted by engineering department faculty. Sampling beer brewed by an electrical engineering student association, Simone Accornero mingled with a dozen other new classmates in his program at KU Leuven. Accornero began chatting with an engineering master’s student who had just arrived from Poland. “We hit it off,” Accornero … [Read more...]

Filed Under: Blockchain, Climate policy, Community, EU Policy, Innovations, Investment, Markets, Policies, Renewables Tagged With: blockchain, Clean Tech, Coronavirus, Digitisation, EU, European Green Deal, policy, R&I, Research and Innovation, Start-up, utilities

Free online Buildings Electrification training for workers on lockdown

May 7, 2020 by Stephen Mushegan and Claire McKenna

More than 26 million Americans have filed for unemployment benefits during the lockdown. Among their number will be workers who, while sitting at home, could be trained up with useful skills they can use when the lockdowns end. You just need to identify where the big skills gaps in the economy are. Stephen Mushegan and Claire McKenna at RMI look at buildings refits and electrification, where like in most countries huge emissions reduction targets … [Read more...]

Filed Under: Buildings, Energy, HVAC Tagged With: buildings, California, Coronavirus, electrification, HeatPumps, lockdown, Maine, NewYork, training, US, Vermont

IRENA’s Global Renewables Outlook and how Europe can lead the way

May 1, 2020 by Gayathri Prakash, Nicholas Wagner and Ricardo Gorini

If the coronavirus slump has knocked everything off track IRENA’s first ever Global Renewables Outlook is a timely reminder of what that track should look like. It can help policymakers design stimuli packages that will get us back onto it, and even accelerate the transition. IRENA’s Gayathri Prakash, Nicholas Wagner and Ricardo Gorini run through the comprehensive report’s main recommendations. Annual investment, shares and GW targets to 2030 … [Read more...]

Filed Under: Energy, Energy Outlooks, Investment, Policies Tagged With: aviation, buildings, Coronavirus, efficiency, electricity, EVs, hydrogen, industry, mobility, outlook, power, renewables, shipping, solar, transport, wind

How Eurobonds can raise trillions for recovery and the Green Deal

April 29, 2020 by Luca Bonaccorsi

EU nations have lined up for and against any form of Eurobonds, including Coronabonds, that would mutualise vast amounts of debt across all the member states. Yet vast amounts are needed to recover from this unexpected and unprecedented global slump caused by the Coronavirus pandemic. Where will it come from? Luca Bonaccorsi at Transport & Environment explains EC president Ursula von der Leyen’s proposal for how the EU budget (on its own, … [Read more...]

Filed Under: Energy, Investment, Policies Tagged With: coronabonds, Coronavirus, EU, Eurobonds, GreenDeal, Macron, Merkel, vonderLeyen

Bounceback or Recession? Modelling the impact on electricity prices to 2025

April 28, 2020 by Carlos Perez Linkenheil

Carlos Perez Linkenheil at Energy Brainpool models three scenarios to understand the factors that are having the biggest impact on – and thereby make predictions for - electricity prices, revenues, energy source merit order, and emissions in the EU. Other parameters in the scope of their analysis include oil prices, gas prices, commodities markets, carbon taxes, and the EUA/emissions market. Clearly, collapsing prices are profoundly distorting … [Read more...]

Filed Under: Energy, Markets Tagged With: carbontax, Coronavirus, electricity, emissions, gas, markets, oil, prices, solar, wind

U.S.: Counting Renewables jobs and projects under threat, what can be done and why

April 27, 2020 by Mike Jacobs

All sectors across all economies are trying to add up their potential job losses and projects in jeopardy, then telling their governments to prioritise them for Covid lockdown support. Mike Jacobs at the Union of Concerned Scientists looks at renewables in the U.S. He quotes news reports that over 100,000 workers in this fast-growing industry filed for unemployment in March 2020. On top of that, the already planned expiry and phase-down of … [Read more...]

Filed Under: Energy, Renewables Tagged With: batteries, Coronavirus, incentives, investment, jobs, renewables, solar, storage, support, Transmission, turbines, wind

EU needs clear European Green and Solidarity Pact by September

April 24, 2020 by Marc-Antoine Eyl-Mazzega

Stark predictions around the unprecedented economic challenges facing Europe (and the world) are starting to take shape. The possible solutions must keep pace with them. Here, Marc-Antoine Eyl-Mazzega at the IFRI Centre for Energy & Climate lays out those challenges and robust policy answers that can keep us on a net-zero emissions track while stimulating economies, creating jobs, and maintaining social justice. It’s no surprise that there is … [Read more...]

Filed Under: Energy, Investment, Policies Tagged With: coronabonds, Coronavirus, ETS, EU, Europe, Germany, GreenDeal, Italy, JustTransition, oil, solar, SolidarityPact, spain, stimulus

Designing the Covid-19 stimulus: what the 2008 crisis can teach us

April 23, 2020 by Fatih Birol

Policy makers around the world are hearing a lot of advice on how to design their stimulus packages. This comes from the IEA where Fatih Birol lays out five fundamental lessons we can learn from the stimulus packages that came out of the 2008 global financial crisis. His main headings are: Build on what you already have – and think big (e.g. feed-in tariffs, production tax credits); Choose technologies that are ready for the big time (e.g. wind, … [Read more...]

Filed Under: Energy, Investment, Policies Tagged With: batteries, buildings, China, Coronavirus, efficiency, Europe, hydrogen, investment, Offshore Wind, policies, solar, stimulus, US, wind

Accelerate EV infra, buildings refits to use electricity’s looming spare capacity

April 17, 2020 by Chris Nelder

How do we turn the pandemic downturn into an executable opportunity, above and beyond targets and promises? Chris Nelder at RMI presents data on how electricity load has dropped during the lockdown in the U.S. That load will return when the economy recovers. In the interim capacity will go unused. New capacity in the pipeline could be delayed. Nelder suggests policy makers grasp the opportunity to fill that gap and use that capacity by directing … [Read more...]

Filed Under: Buildings, Energy, Transport and energy Tagged With: buildings, Coronavirus, electricity, EVs, heating, HVAC, transport

Stimulus opportunity: Hand all carbon taxes to households

April 15, 2020 by Gerard Wynn

Governments worldwide now have the opportunity to radically rethink how household consumption can be stimulated, and where that money can come from. And every serious politician knows a radical change in fiscal policy is a rare opportunity to shape perceptions and values. This could be that moment for carbon taxes. Gerard Wynn at IEEFA first notes the success they have had in reducing emissions in the EU. With a rise in the CO2 price on the … [Read more...]

Filed Under: Energy, Policies Tagged With: carbontax, CO2, Coronavirus, emissions, EU, EUETS, policies, UK

Behaviour Change: Covid-19 lockdown kicks open the door to a net-zero pathway

April 14, 2020 by Schalk Cloete

Working from home and minimal travel are “no brainer” ways to drastically reduce emissions. They’ve never been tried on a nationwide scale anywhere. Now they are, everywhere. Everyone is doing their best to make it work. Next, food waste should also be in decline, hopefully. Even if panic stockpiling happens, people’s mindsets are being changed as they try to use everything they’ve bought. The act of re-thinking what and how much we eat, in every … [Read more...]

Filed Under: Energy, Policies Tagged With: agriculture, Behaviour Change, Coronavirus, emissions, EVs, housing, lifestyle, transport

IEA: Three ways governments can keep Renewables growth on track

April 9, 2020 by Heymi Bahar

Before the coronavirus pandemic, 2020 was set to be another record year for renewables installations. That is now looking very unlikely. Heymi Bahar at the IEA identifies three main challenges facing the growth of renewables due to the global economic consequences of the pandemic: Supply chain disruptions, anywhere, will surely lead to delays in completing projects everywhere; Compounding those delays, major renewables incentives expire at the … [Read more...]

Filed Under: Energy, Renewables Tagged With: construction, Coronavirus, emissions, incentives, investment, manufacturing, renewables, solar, wind

Will China build more Coal to stimulate the economy?

April 6, 2020 by Lauri Myllyvirta, Shuwei Zhang and Xinyi Shen

Could China ramp up coal generation – of the order of hundreds of GW by 2030 - as part of its efforts to stimulate its economy and recover from the coronavirus slump? The thinking is that building a coal plant converts faster into economic growth than the equivalent spent on renewables. In the previous decade, building coal plants was an effective part of China’s economic growth plan that secured its place as the world’s second largest economy. … [Read more...]

Filed Under: Energy, Oil, Gas & Coal Tagged With: China, coal, Coronavirus, electricity, emissions, investment, policies, pollution, renewables

Utilities can help their central banks, “loaning” electricity during the slump

April 3, 2020 by Catherine Wolfram

The coronavirus slump is forcing governments around the world to inject large amounts of cash into the hands of consumers and businesses, until this is all over. In the U.S. it’s $2tn. Catherine Wolfram at the Haas School of Business suggests a way to cut that bill, easing the pressure on central bankers. Utilities (electricity, water, gas) should allow customers to defer payment (instead of using valuable bailout money to pay the utilities). The … [Read more...]

Filed Under: Energy, Policies Tagged With: Coronavirus, electricity, Italy, policies, regulators, spain, US, utilities

Covid-19 and the EU car industry: any support should lock in EV targets

April 1, 2020 by Julia Poliscanova

The coronavirus slump has come suddenly and hit hard. The deep thinking has already begun on the economics needed to turn around that slump without damaging our rising emissions ambitions. Julia Poliscanova at Transport & Environment looks at the car industry. Some have called for the new CO2 standards coming in 2020 to be postponed (though, notably, VW and BMW still support them). She explains that total car sales were already declining in … [Read more...]

Filed Under: Energy, Transport and energy Tagged With: BMW, CO2, Coronavirus, emissions, EVs, policies, support, transport, VW

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