Immediate switch to renewable energy required across sectors, says report

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According to the report by Paris-based think-tank REN21, though growth in renewable power has been impressive over the past five years, too little is happening in heating, cooling and transport

Immediate switch to renewable energy required across sectors, says report

New Delhi: The journey towards climate disaster would continue, unless an immediate switch to efficient and renewable energy is made across sectors in the wake of the COVID-19 pandemic, according to a latest report. Tiếp tục đọc “Immediate switch to renewable energy required across sectors, says report”

Utility-Scale Energy Storage Will Enable a Renewable Grid

ScientificAmerican

A roadblock to sustainable energy solutions is coming unstuck

Utility-Scale Energy Storage Will Enable a Renewable Grid
Credit: Vanessa Branchi

The way the world gets its electricity is undergoing a rapid transition, driven by both the increased urgency of decarbonizing energy systems and the plummeting costs of wind and solar technology. In the past decade electricity generated by renewables in the U.S. has doubled, primarily from wind and solar Tiếp tục đọc “Utility-Scale Energy Storage Will Enable a Renewable Grid”

Global Electric Car Sales Jump 63 %

  • China made more than half of EV purchases in the third quarter
  • Bloomberg New Energy Finance expects 1 million sold this year

Electric vehicles sales surged to a record in the third quarter, largely driven by strong demand in China.

Sales of battery electric vehicles and plug-in hybrids exceeded 287,000 units in the three months ended in September, 63 percent higher than the same quarter a year ago and up 23 percent from the second quarter, according to a report released Tuesday by Bloomberg New Energy Finance. China accounted for more than half of global sales as its market for electric cars doubled amid government efforts to curb pollution.

“The Chinese government is very focused on pushing up EV sales,” said Aleksandra O’Donovan, advanced transport analyst at BNEF and one of the authors of the report. “One reason for that is the local pollution levels in the cities, and a second is for China to build domestic heroes to compete internationally in this market.”

BNEF expects global EV sales to surpass 1 million units this year for the first time. The market for electrified transport is starting to pick up speed as charging infrastructure becomes more accessible and manufacturers roll out models with longer driving ranges. In 2017, many established carmakers from Jaguar Land Rover to Volvo Cars announced plans to bring electric versions of their vehicles to market in the next few years. Tiếp tục đọc “Global Electric Car Sales Jump 63 %”

Renewable Energy: Finance guide for policy-makers – Hướng dẫn tài chính cho người làm chính sách: Năng lượng tái tạo và hạ tầng xanh

About the Finance Guide

bloomberg_The Paris UN Climate Agreement in December 2015 refocused attention on the need to mobilize substantial private capital flows into climate solutions at the pace and scale required to combat climate change with the required urgency.

Implementation of national clean energy or ‘green’ infrastructure plans will require unprecedented levels of private investment, not only for climate reasons, through NDCs, but also to deliver energy security and access to energy for those who lack them, as well as creating the conditions for sustainable development.

Now, more than ever, it is critically important for policy-makers and non-financiers to understand and interface with the financial community to establish effective conditions at national level, where the investment case will have to be made.

As a practical contribution, the Finance Guide provides a factual overview of the landscape of finance – sources of capital, what the capital markets do, how transactions work – and more broadly to set common finance terms in context.
Tiếp tục đọc “Renewable Energy: Finance guide for policy-makers – Hướng dẫn tài chính cho người làm chính sách: Năng lượng tái tạo và hạ tầng xanh”

Mobilising finance for a renewable and sustainable future

eco-business – Global momentum is building towards greater investment in renewables. Renewable energy is no longer seen as an indulgence that needs to be tolerated. Prospects are looking bright for the renewable energy industry as a growing number of countries, including the United States are realizing that the rapidly increasing use of renewable energy has become a beacon for optimism.

In fact, renewable energy sources are becoming affordable thanks to enhanced infrastructure and policies. Over the next decades, huge investments will be flowing into the energy sector. It is critical to seek ways to green those investments. According to UNEP’s 9th “Global Trends in Renewable Energy Investment 2015,” renewables are growing rapidly in both developed and developing countries, with China leading the way. Tiếp tục đọc “Mobilising finance for a renewable and sustainable future”