Global Scans · Affordable and Clean Energy · Weekly Summary

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In September 2015, 193 world leaders agreed to 17 Global Goals for Sustainable Development. If these Goals are completed, it would mean an end to extreme poverty, inequality and climate change by 2030.
Goal 7: Ensure access to affordable, reliable, sustainable and modern energy for all.

• [New] A forward look at what an interconnected geothermal-lithium-storage ecosystem could deliver by 2035 in terms of energy security and decarbonization. Eventbrite
• [New] Solar PV is projected to rise from 20.2 GW in 2024 to 68.4 GW in 2035, supported by CfD backed utility scale projects, commercial rooftop deployment, and community energy initiatives. / UK Energy Global
• [New] LAC has the potential to lead the global energy transition, not only because of its vast reserves of lithium, copper, and renewable resources, but because it has already shown that it is possible to grow with cleaner, fairer, and more secure energy. OLADE
• [New] Over 60% of surveyed commercial and institutional energy managers indicated plans to invest in microgrids within the next five years to mitigate outage risks and ensure mission-critical operations. Market Data Forecast
• [New] The energy sector will require massive capital flows for renewable energy projects, grid modernization, and growing energy needs, racking up $23 trillion in estimated investment by 2040. Visual Capitalist
• [New] Global markets are already shifting: the International Energy Agency projects global demand for fossil fuels will peak this decade. Macdonald-Laurier Institute
• [New] An accelerated transition scenario could see oil demand peak earlier and decline more sharply, profoundly transforming the global energy system. FinancialContent
• [New] The energy consumption of modern AI systems is immense; data centers supporting AI operations are projected to consume 1,580 terawatt-hours per year by 2034, comparable to India's entire electricity consumption. FinancialContent
• [New] The scale of new demand is staggering, as the International Energy Agency forecasts that global power consumption by data centers will nearly double by 2030, reaching roughly 945 terawatt-hours. Haymaker
• [New] With international cooperation under NASA's Artemis program, the Moon's south pole is emerging as a potential site for mining rare elements like helium-3 - a fuel source that could redefine both the energy sector and interplanetary commerce. / Japan TrendVeritas
• [New] Fusion energy prototypes developed by private companies such as Helion and Commonwealth Fusion Systems are drawing major capital from institutional investors, promising a potential $40 trillion energy transformation by 2040. TrendVeritas
• [New] Renewable Energy consumption is projected to nearly double by 2050, reaching about 19.4 quadrillion BTUs. / USA GO-IBR.com Research
• [New] Hydrogen could supply up to 20% of the world's energy needs by 2050, cutting global CO2 emissions by around 6 billion tons annually. News.Az
• [New] Morocco plans to phase out coal for electricity production by 2040, confirming its trajectory towards sustainable energy sovereignty and competitiveness. Capmad.com
• Favourable government policies and incentives aimed at reducing greenhouse gas emissions and promoting renewable energy, which will drive WTE adoption in the United States. Markets and Data
• Japan is likely to demonstrate a leading CAGR through 2035 with advanced technology adoption, including the Ene-Farm program, integrating heat pumps with hydrogen energy systems, and government Green Innovation Fund subsidies for industrial applications. Persistence Market Research
• The European Union's REPowerEU plan targets 10 million heat pump installations by 2027 as part of energy independence and climate strategies, while the European Green Deal establishes comprehensive regulatory frameworks promoting electrification. Persistence Market Research
• Accelerating Renewable Energy Projects $200 million will be provided to the New York Power Authority to finance multiple renewable energy generation projects. Governor Kathy Hochul
• Empowering New Yorkers with Energy Efficiency $50 million will be allocated to the EmPower + program to provide low- and moderate-income residents with no-cost home energy assessments and energy efficiency upgrades. Governor Kathy Hochul
• Government policies are accelerating growth in solar sustainable energy, with global solar capacity expected to exceed 5 terawatts by 2030. Soleos Solar Energy Private Limited
• European Union - Green Deal in Action: The EU aims to achieve a 45% renewable energy share by 2030, with solar being a key driver, through programs like REPowerEU, promoting solar sustainable energy adoption. Soleos Solar Energy Private Limited

Last updated: 09 November 2025