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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

  • Financing Renewable Hydrogen globally: ramp up to 2030 only needs $150bn/year by Dolf Gielen | posted on May 26, 2023
  • Making Hydrogen direct from seawater using double-membrane electrolysis by David Krause | posted on May 24, 2023
  • Five charts on the Energy Transition: the 2020s is the decade of maximum disruption. By 2030 the endgame will be clear by Sam Butler-Sloss | posted on May 25, 2023
  • 10 Carbon Capture methods compared: costs, scalability, permanence, cleanness by Ella Adlen | posted on November 11, 2019
  • Understanding the new EU ETS (Part 2): Buildings, Road Transport, Fuels. And how the revenues will be spent by Simon Göss | posted on February 6, 2023
  • Do government renewable energy auctions squeeze the PPA market? by Michael ClauĂźner | posted on March 12, 2021
  • Micro-nuclear reactors: up to 20MW, portable, safer by Christina Nunez | posted on April 22, 2021
  • Oil & Gas can meet 2030 net-zero target for only $600bn, quickly recouped. But it’s still not happening, warns IEA by IEA | posted on May 22, 2023
  • The history of evidence of CO2-driven climate change starts in the mid-1800s by Marc Hudson | posted on May 23, 2023
  • Gravity Batteries: any nation can do it at scale using rocks by Simon Read | posted on July 27, 2022
  • What’s best for Hydrogen transport: ammonia, liquid hydrogen, LOHC or pipelines? by Herib Blanco | posted on May 5, 2022
  • The 10 big problems with simply replacing fossil cars with electric by Schalk Cloete | posted on December 6, 2021
  • 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
  • Hydrogen production in 2050: how much water will 74EJ need? by Herib Blanco | posted on July 22, 2021
  • EU Carbon Removal Certification Framework: new rules to turn greenwashing into genuine removals by Simon Göss | posted on May 16, 2023
  • Enhanced Weathering: crushed rocks spread on farmland can capture billions of tons of CO2/year by Benjamin Houlton | posted on July 21, 2020
  • Why hydrogen fuel cell cars are not competitive — from a hydrogen fuel cell expert by Zachary Shahan | posted on June 17, 2016
  • Germany: will the end of feed-in tariffs mean the end of citizens-as-energy-producers by Isabel Sutton | posted on June 3, 2021
  • Modelling green Ammonia and Methanol in 2050. It will be expensive by Schalk Cloete | posted on September 9, 2022
  • Can Aluminium-air batteries outperform Li-ion for EVs? by Helena Uhde | posted on September 8, 2021

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      Recent Posts

      U.S. EPA: new rules proposed for cutting Fossil Fuel-Fired Power Plant emissions

      Financing Renewable Hydrogen globally: ramp up to 2030 only needs $150bn/year

      Five charts on the Energy Transition: the 2020s is the decade of maximum disruption. By 2030 the endgame will be clear

      Making Hydrogen direct from seawater using double-membrane electrolysis

      The history of evidence of CO2-driven climate change starts in the mid-1800s

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