Europe has committed to ambitious sustainability targets in the coming decades, including achieving climate neutrality by 2050. This transition requires large investments while public budgets are under increasing pressure from security needs, inflation, ageing population, and other priorities. Published this week, a European Environment Agency (EEA) analysis looks at this challenge and identifies investments in … Continue reading New EEA briefing on the benefits of investing in clean technology and a green industry in Europe
Category: energy transition
Energy in Demand News, November 5th, 2023
The negotiations taking place before a climate conference are always complicated. This is proving true this year as well. The Financial Times reports (behind a paywall) that western countries have clashed with Saudi Arabia over the role it should play to “kick-start a UN fund to help poorer countries deal with the loss and damage … Continue reading Energy in Demand News, November 5th, 2023
Most industrial players can achieve significant cost and emissions savings today simply through greater energy efficiency
Joe Bush writes on The Manufacturer website about a new publication making the case for industrial energy efficiency, with the research showing the sector can cut 11% of global GHG emissions by 2030. How manufacturers can slash 11% of CO2 emissions by 2030 Industry’s reliance on fossil fuels for power, heat and feedstock makes … Continue reading Most industrial players can achieve significant cost and emissions savings today simply through greater energy efficiency
Power companies in the US are turning to virtual power plants
In an article on The Conversation website, Daniel Cohan, Associate Professor of Civil and Environmental Engineering at Rice University, discusses the growing role of virtual power plants as electricity demand is surging. What is a virtual power plant? An energy expert explains After nearly two decades of stagnation, U.S. electricity demand is surging, driven … Continue reading Power companies in the US are turning to virtual power plants
New research assesses the size and uncertainty of remaining carbon budgets
Chris Smith, Senior Research Fellow in Climate Science at the University of Leeds and Robin Lamboll, Research Fellow in Atmospheric Science at Imperial College London write on The Conversation website about new research they are involved in that effectively gives the world just six years to get to net zero. Will anyone listen? Carbon … Continue reading New research assesses the size and uncertainty of remaining carbon budgets
Will Germany really phase out coal by 2030?
Germany's finance minister has questioned the country's ability to phase out coal as an energy source by 2030. Abandoning the goal could deepen division within Germany's ruling coalition. The issue is discussed in a news item on the Deutsche Welle website this week. Germany: Minister casts doubt on 2030 coal exit Germany's finance minister … Continue reading Will Germany really phase out coal by 2030?
UK passes Energy Act
Laws have been passed in the UK to help unlock £100bn of private investment in energy infrastructure, accelerate development of offshore wind and bring more competition to networks. The UK Energy Act 2023, which has received Royal Assent, will deliver a more efficient energy system in the long term, helping to keep costs low. … Continue reading UK passes Energy Act
The EU’s European Innovation Council Tech Report 2023 is published
The European Innovation Council operates at the forefront of scientific and technological developments. This ambition is underlined by the EIC Tech Report 2023 highlights novel technologies and innovations submitted to the EIC under Horizon Europe. The report has an emphasis on early-stage research projects, funded following extensive independent expert review. It also includes some areas … Continue reading The EU’s European Innovation Council Tech Report 2023 is published
Emerging markets will need $1.5 trillion in investment before 2035 to make new and existing buildings environmentally friendly and avoid a jump in climate-damaging emissions
Tommy Wilkes and Simon Jessop write on the Reuter’s website that emerging markets will need $1.5 trillion in investment before 2035 to avoid a jump in climate-damaging emissions. China alone would need $1.33 trillion. The funds would be used for investments in electrification of older inefficient buildings with cleaner energy, and the construction of energy-efficient … Continue reading Emerging markets will need $1.5 trillion in investment before 2035 to make new and existing buildings environmentally friendly and avoid a jump in climate-damaging emissions
State of the Energy Union 2023: EU responds effectively to crisis, looks to the future, and accelerates the green transition
In the State of the Energy Union Report 2023, published this week, the European Commission looks back on the EU response to the unprecedented energy crisis of the past two years, assesses the state of play with the green transition at national, European and global level, and sets out the challenges and opportunities ahead as … Continue reading State of the Energy Union 2023: EU responds effectively to crisis, looks to the future, and accelerates the green transition
