Energy

• [New] Russia will lag Europe, the U.S., and China in reducing greenhouse gas emissions, particularly from its power industry. / S&P Global Platts
• [New] Without a carbon tax, energy sector emissions in Macedonia will decline overall by about 3% from 2017 levels in 2030 due to planned energy efficiency measures in the residential, commercial and industry sectors, as well as construction of new renewable energy for electricity generation. / Article
• [New] By 2050 renewables will still only account for 28% of total energy use - which would be in contradiction of global climate targets - but researchers at Stanford University in the US believe a target of 100% renewable energy is possible by 2050 for 139 countries they assessed. / wp-content
• [New] Oil and gas companies own and operate facilities that could produce hydrogen and tankers that could ship it to the world. / reneweconomy
• [New] A rising carbon price is needed to achieve a sustainable approach that increases carbon uptake by the Earth system as well as phasedown of fossil fuel emissions, while allowing transition to clean energies and new employment opportunities. / the weekly ledger
• [New] Posco in December announced a plan to make hydrogen its new growth engine, which includes producing 5 million tons of green hydrogen by 2050. / Korea JoongAng Daily
• [New] India's renewable energy capacity - which includes solar, wind, biomass and hydropower - will grow from the current 13 6GW to 220 GW by the end of 2022, requiring an annual investment of $20 billion a year. / Funds Europe
• [New] The Indian government's target is a $5 trillion economy by the mid-2020s through investment in infrastructure and renewable energy. / Funds Europe
• [New] The latest Decarbon8 - US Request for Proposal specifically seeks investment opportunities in the transportation sector, the largest contributor of greenhouse gas emissions in the United States (EPA). / ADVFN
• [New] Annual clean energy investment in emerging and developing economies needs to increase by more than seven times - from less than $150bn (£107bn) last year to over $1 trillion by 2030 - to put the world on track to reach net-zero emissions by 2050. / The Telegraph
• [New] For Canada to achieve its enhanced climate targets, including a 40-45% reduction in greenhouse gas emissions below 2005 levels by 2030, CCUS technology and infrastructure will need to play a vital role. / Pipeline & Gas Journal,
• [New] The Central-West Orana Renewable Energy Zone could attract as much as $5.2 billion in private investment in new wind, solar and dispatchable energy projects - providing as much as 3,000 MW of new generation capacity. / reneweconomy
• [New] Making homes more energy-efficient is one of the key actions that must be taken if the UK is to reach its target of net-zero emissions by 2050. / The Independent
• [New] If successful, the technical and commercial lessons from Rio Tinto's study could lead to the implementation of hydrogen calcination technology, not only in Australia but also internationally. / Offshore Energy
• [New] Britain could enjoy periods of zero carbon electricity as early as 2025 as its fleet of renewable power projects continues to grow and the electricity system is updated to run without relying on fossil fuel power plants. / Business Green
• [New] The coal to PVC project will cost US$4bn (AU$5.2bn) and would use 3.1 Mt of coal imported mainly from Australia, Russia and other countries. / The Guardian
• [New] The cost of utility-scale lithium-ion batteries will fall by 52% between 2018 and 2030, and that the U.S. will exceed 100 GW of installed battery storage by 2040, an almost 100-fold increase from current capacity. / feature
• [New] The cost of solar PV utility systems will fall by 20% from 2020 to 2025, and solar PV is expected to be among the cheapest sources of power available by 2050. / feature
• [New] The role of offshore wind, including floating offshore wind energy, will grow significantly over the coming decades. / UK Research and Innovation (UKRI)
• [New] Any actions that limit Gulf energy development stifles Louisiana's economic growth, threatens thousands of jobs, and undermines decades of environmental progress. / EIA
• [New] Rio Tinto has teamed up with the Australia Renewable Energy Agency to study whether hydrogen could replace natural gas in alumina refineries to support industrial net zero goals. / Hydrogen View
• [New] Hydropower already plays an important role today, and will become even more important in the coming decades, since hydropower can be a catalyst for the clean energy transition. / upcoming-events

Last updated: 20 June 2021