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CleanTech

[New] IEA has called for governments to triple their innovation spend on clean energy technologies by 2030 if they are to have a chance of meeting their net zero goals by mid-century.
In Europe, the EUR10 billion Innovation Fund will be available to support CCUS projects (and other clean energy technologies) from 2020, while in May the Australian government announced plans to make CCUS eligible for existing funding programmes.
Coronavirus has so far not diverted Member-States from clean energy transition by 2050, while economic stimulus measures to counter its effects are likely to include greater investment in renewable energy projects and technologies.
The IEA expects a fall in investment of 10% in 2020 for wind, solar PV and other clean energy technologies, causing the renewable energy sector to slow for the first time in 20 years.
Demand for minerals such as graphite, lithium and cobalt could increase by nearly 500% by 2050 to meet the growing demand for clean energy technologies, such as batteries.
Production of battery metals such as graphite, lithium and cobalt will have to increase by nearly 500% by 2050 to meet the growing demand for clean energy technologies.
Achieving universal access by 2030 requires leveraging the technologies that are transforming energy: solar power, batteries, the internet of things, and energy efficiency.
The falling costs of clean technology would put pressure on coal and gas generation and lead to 18 GW of thermal capacity exiting the market by 2040.
Big investment to unleash the deployment of clean technologies - such as renewables, hydrogen, batteries and carbon capture - can simultaneously accelerate healthier forms of energy, generating 65 million new jobs and $26 trillion in financial benefits worldwide by 2030.
Europe healthcare artificial intelligence industry is projected to record a CAGR of 39% over 2017-2024 subject to rising utilisation of AI technology by various firms to improve the healthcare treatment along with its cost-reduction.
UK government analysis conducted as part of the Clean Growth Strategy showed that around £6bn in energy costs could be saved and 22 MtCO2 avoided through to 2030 through investments into cost-effective efficiency technologies.
The goals of the Green Deal for the EU include becoming climate-neutral by 2050, helping companies become world leaders in clean products and technologies, and ensuring a just and inclusive transition.
Investments in clean technology in 145 countries are expected to exceed $6.4 trillion over the next decade, with a quarter of that market accessible to small and medium enterprises.
A huge market would emerge with almost USD 90 trillion of investments needed for renewable energy, electrification technologies and energy efficiency by 2050 in the REmap Case.
A pathway towards meeting the aims of the Paris Agreement will require a shift in investments away from fossil fuels towards renewable energy, electrification technologies and efficiency that would require an additional USD 15 trillion over the period to 2050.
Financial services companies in North America could unlock up to US$ 140 billion in productivity gains and cost savings by 2025 if they employ new technologies that help improve the efficiency and effectiveness of their workforces.
The Clean Coal Technologies market is projected to follow a moderate growth trajectory over the next decade due to government regulation on clean energy and particularly due to growing electricity demand in the Asia Pacific.
A young person investing in a pension plan has a right to know whether her or his savings are being invested in the dirty technologies of the last century or the clean technologies that will drive growth in this century.
The global Fatigue Machine market is expected to reach a considerable elevation in the coming years as vigorously growing demand, technological developments, and raw material affluence has been boosting the global Fatigue Machine industry.
Europe healthcare artificial intelligence industry, worth USD270 million in 2016, is projected to record a CAGR of 39% over 2017-2024 subject to rising utilization of AI technology by various firms to improve the healthcare treatment along with its cost-reduction.
In Chile, the Strategic Programme Smart Industries 2015-2025 acknowledges international trends towards massification of digital technologies which are becoming increasingly specialized across industries, and offer tremendous opportunities for enhancing efficiency and value addition.
To reduce greenhouse gas emissions to net zero by 2050, the EU will need to focus on rapid decarbonisation through accelerated energy efficiency, a transition towards renewable energy, and tackling hard-to-abate emissions by deploying CCS or CCU technologies.
To meet the UK's 2050 target the deep decarbonisation of industry will need to go beyond energy efficiency and deploy more innovative technologies such as Carbon Capture, Usage and Storage.

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Last updated: 02 August 2020