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Corporations, Cities, Financial Institutions: can private collective action plug the global emissions gap?

November 12, 2021 by James Newcomb, Jun Ukita Shepard and Laurens Speelman

Non-state actors - corporations, cities, and financial institutions – are making their own impact on emissions reductions. We don’t just have to rely on governments, explain James Newcomb, Jun Ukita Shepard and Laurens Speelman at RMI. Case studies of harnessing private collective action already exist, and they are significant. Take Power Purchase Agreements (PPAs). In the U.S., corporates ramped up annual renewables procurements from 0.1 GW to … [Read more...]

Filed Under: Energy, Energy Outlooks, Renewables Tagged With: banks, Cities, COP26, corporations, investors, PPAs, scenarios, US

CBAM needs universal adoption of methods for measuring carbon intensity

August 31, 2021 by Dolf Gielen, Massamba Thioye and Francisco Boshell

Europe needs to account for the emissions of imported goods. That cannot happen without the international agreement on standards and certification systems for the carbon intensity of all steps in the value chain for all relevant products. Dolf Gielen and Francisco Boshell at IRENA and Massamba Thioye at the UNFCCC explain that several such systems exist around the world, but they need to be harmonised and widely adopted to truly reflect what is … [Read more...]

Filed Under: Energy, Industry, Policies Tagged With: aluminium, CBAM, cement, certification, chemicals, EC, emissions, EU, industry, iron, petrochemicals, PPAs, standards, steel

Do government renewable energy auctions squeeze the PPA market?

March 12, 2021 by Michael ClauĂźner

Spanish government renewable energy auctions in January produced record-breaking low strike prices for both wind and solar. For solar the average price was €24.47/MWh (the lowest was €14.98/MWh), guaranteed for 12 years through contracts-for-difference (CfDs). As such auctions continue around Europe, Michael ClauĂźner at Energy Brainpool asks what impact these prices will have on future power prices in general and on solar power purchase agreement … [Read more...]

Filed Under: Energy, Markets, Renewables Tagged With: auctions, CfDs, electricity, investment, power, PPAs, prices, renewables, solar, wind

Germany’s Renewable Energy Act 2021: how to implement the fine policy detail of emissions reduction targets

February 4, 2021 by Sila Akat and Simon Göss

After much haggling and debate, Germany’s Renewable Energy Act (EEG) 2021 was finally approved in December and came into force on 1 January 2021. Sila Akat and Simon Göss at Energy Brainpool outline the most important changes imposed by the amendment. It gives an insight into how a nation is dealing with the finer details of increasingly ambitious emissions reduction targets. The authors cover the main issues and outcomes. How Germany is dealing … [Read more...]

Filed Under: Energy, Renewables Tagged With: EU, Germany, PPAs, prices, renewables, solar, subsidies, taxes, tenders, wind

2019-2024: competitive auctions will launch over 2/3rds of utility-scale renewables, says IEA

December 9, 2019 by IEA

Government support for new utility-scale capacity is being replaced with competitive auctions, the surest sign that the commercial appetite for renewables - particularly solar PV and onshore wind - is growing strong. This article by the IEA pulls out the essential numbers from their annual Renewables 2019 report (their 5-year market analysis and forecast for renewable energy and technologies in the electricity, heat and transport sectors). The … [Read more...]

Filed Under: Energy, Markets, Renewables Tagged With: auctions, bioenergy, electricity, geothermal, hydro, markets, Offshore Wind, PPAs, solar, subsidies, tariffs, wind

Germany 2021: when fixed feed-in tariffs end, how will renewables fare?

October 21, 2019 by Kerstine Appunn and Benjamin Wehrmann

Starting in 2021 many of Germany’s existing “pioneer” wind turbines, solar PV installations and biogas plants – launched with generous price guarantees - will stop receiving fixed feed-in tariffs. That means renewable capacity may be shut down if they can’t find a new business model to run on. The new rules comes at a decisive time for Germany’s energy transition as it tries to increase renewables to meet emissions targets and gradually increase … [Read more...]

Filed Under: Energy, Policies, Renewables Tagged With: biogas, biomass, electricity, feed-in tariffs, Germany, grid, policies, PPAs, renewables, repowering, rooftopsolar, solar, subsidies, wind

Most read this week

  • Make Hydrogen in developing nations: share prosperity while meeting our climate goals by Dolf Gielen | posted on January 26, 2023
  • 10 Carbon Capture methods compared: costs, scalability, permanence, cleanness by Ella Adlen | posted on November 11, 2019
  • Can new cheap, frequent “laser” monitoring of critical components extend Nuclear plant lifetimes by decades? by David Chandler | posted on February 1, 2023
  • Wind and Solar generated record 20% of EU electricity in 2022. More than gas, nuclear, hydro, coal by Daisy Dunne | posted on February 3, 2023
  • The U.S. should support the EU’s Carbon Border Adjustment Mechanism (CBAM) by Joseph Majkut | posted on January 30, 2023
  • Micro-nuclear reactors: up to 20MW, portable, safer by Christina Nunez | posted on April 22, 2021
  • Utah: 140MW Geothermal bid can beat the cost and performance of the proposed Nuclear SMR by Dennis Wamsted | posted on January 27, 2023
  • EU Energy Outlook to 2060: how will power prices and revenues develop for wind, solar, gas, hydrogen + more by Alex Schmitt | posted on December 6, 2022
  • Biofuel is approaching a feedstock crunch. How bad? And what must be done? by IEA | posted on January 23, 2023
  • EU ETS and CBAM: what the big update to emissions trading rules means for Europe’s key sectors by Simon Göss | posted on January 16, 2023
  • Can Aluminium-air batteries outperform Li-ion for EVs? by Helena Uhde | posted on September 8, 2021
  • Steel decarbonisation: Australia must stop making excuses and follow Europe’s lead by Simon Nicholas | posted on February 2, 2023
  • What’s best for Hydrogen transport: ammonia, liquid hydrogen, LOHC or pipelines? by Herib Blanco | posted on May 5, 2022
  • Wind (and Solar) need their own Financial Transmission Rights to hedge their unique congestion risks by James Kim | posted on January 31, 2023
  • Gravity Batteries: any nation can do it at scale using rocks by Simon Read | posted on July 27, 2022
  • Hydrogen production in 2050: how much water will 74EJ need? by Herib Blanco | posted on July 22, 2021
  • Concrete: 8% of global emissions and rising. Which innovations can achieve net zero by 2050? by Ben Skinner | posted on January 24, 2023
  • Why hydrogen fuel cell cars are not competitive — from a hydrogen fuel cell expert by Zachary Shahan | posted on June 17, 2016
  • Smart Glasses: experts can monitor and advise on power plant inspections anywhere in the world by Christoph Gatzen | posted on January 25, 2023
  • The 10 big problems with simply replacing fossil cars with electric by Schalk Cloete | posted on December 6, 2021

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        Recent Posts

        Wind and Solar generated record 20% of EU electricity in 2022. More than gas, nuclear, hydro, coal

        Steel decarbonisation: Australia must stop making excuses and follow Europe’s lead

        Can new cheap, frequent “laser” monitoring of critical components extend Nuclear plant lifetimes by decades?

        Wind (and Solar) need their own Financial Transmission Rights to hedge their unique congestion risks

        The U.S. should support the EU’s Carbon Border Adjustment Mechanism (CBAM)

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