Global Scans · Energy · Weekly Summary

• [New] The Old Continent is aware, as is the United States, where the federal government with the Inflation Reduction Act in 2021 established that offshore wind capacity must reach 30 Gw in 2030 and 110 in 2050. The Vermilion
• [New] The EU presented its strategy on Offshore Renewable Energy, aiming to increase Europe's offshore wind capacity from its current level of 12 GW to at least 60 GW by 2030 and to 300 GW by 2050. IEA
• [New] Nuclear energy has the potential to drive the production of pink hydrogen in India through appropriate amendments to existing legislation. Ekam IAS
• [New] In 2024, equipment deliveries and revenue recognition in Energy will be tilted towards the second half of the year, both in engine power plants and ES & O. Wartsila
• [New] The Department of Energy is announcing a $72 million investment to establish a SuperTruck: Charged program that will demonstrate how vehicle-grid integration enables depots and truck stops to provide affordable, reliable charging while increasing grid resiliency. Talking Logistics
• [New] By 2030, EWEC is aiming to provide more than 50% of Abu Dhabi's electricity from renewable and clean energy sources, with its latest forecasts recommending the addition of 1.4GW of new solar PV per year between 2027-2037. UAE News 24/7
• [New] Renewable energy is crucial for Abu Dhabi's energy transition and sustainability strategy, serving as a catalyst in realising the ambitious goals outlined in the UAE Energy Strategy 2050 and the UAE Net Zero by 2050 strategic initiative. UAE News 24/7
• [New] Reduction in peak demand for electricity directly reduces the use of fossil fuels to generate energy, which is essential to meet the UK's legally binding target of net zero emissions by 2050. Shropshire live
• [New] Energy consumption for MG-Si production will reach 0.8 million MJ by China and 0.05 million MJ by the US in 2030, whereas energy consumption for SoG-Si production is expected to reach 0.9 million MJ (China) and 0.06 million MJ (US). Nature
• [New] The annual comparison of each stage shows around 63% and 64% increase in China of energy and water consumption for MG-Si and SoG-Si production between 2010 and 2020, with further increases to 70% and 69% respectively estimated by 2030. Nature
• [New] The US is accelerating the deployment of PV technologies in line with measures to reduce GHG emissions and it is projected that by 2035, 40% of US electricity demand will be supplied through solar power. Nature
• [New] As of today, approximately $550 million is going to 109 qualified HUD-assisted multifamily properties to decrease energy and water consumption, reduce emissions, and improve climate resilience. HUD.gov / U.S. Department of Housing and Urban Developm
• [New] Hammamet - Algeria launched an ambitious program to increase the use of renewable energy by 2035. Eunews
• [New] A discovery at Inishkea West could provide security of gas supply for Ireland during the transition to renewable energy, which is in line with the EU's stated goals for diversity of gas supply. rigzone.com
• [New] One of the ways to improve energy efficiency is to tap the huge potential for efficiency gains in the building sector which is the largest single energy consumer in Europe, absorbing 40% of final energy. IEA
• [New] Norway has updated its already ambitious targets to reduce greenhouse gas emissions, with plans to achieve 90-95% reductions from 1990 levels by 2050. IEA
• [New] High pressure centered over Lake Superior will keep skies sunny across Minnesota and also make for lighter wind speeds, generally under 10 mph. MPR News
• [New] New York will receive $158 million from the U.S. Department of Energy to implement a residential rebate program to help households install energy-efficient appliances. Utility Dive
• [New] As the pioneer region in addressing global climate change, the EU proposed a target of 40% of gross final consumption of energy being met from renewable sources by 2030, with an additional indicative share of 49% renewables in the building sector. PubMed Central (PMC)
• [New] To realize carbon neutrality before 2060, China will have to dramatically boost its energy utilization efficiency, diversify the use of energy sources, improve operation efficiency, and implement carbon capture and storage technologies. PubMed Central (PMC)
• [New] Understanding the drivers of VPP participation is vital to meeting the U.S. Department of Energy's target to triple VPP deployment by 2030, which would improve grid reliability while reducing carbon emissions and saving an estimated $10 billion per year. Yahoo Finance
• [New] While hosting the G20 Presidency for the first time, India championed a climate change-focused agenda, marked by getting the group of countries to agree to tripling global renewable energy capacity by 2030. Ember
• [New] Universal access to clean energy could help end poverty for 180 million women by 2050 and result in 6.5 million fewer deaths from indoor pollution. IISD Earth Negotiations Bulletin

Last updated: 28 April 2024