Creating the new hydrogen economy is a massive undertaking

It is also a delicate one


economist.com

Oct 9th 2021

NEW YORK

Today’s hydrogen business is, in global terms, reasonably small, very dirty and completely vital. Some 90m tonnes of the stuff are produced each year, providing revenues of over $150bn—approaching those of ExxonMobil, an oil and gas company. This is done almost entirely by burning fossil fuels with air and steam—a process which uses up 6% of the world’s natural gas and 2% of its coal and emits more than 800m tonnes of carbon dioxide, putting the industry’s emissions on the same level as those of Germany.Listen to this story

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Reshore, Reroute, Rebalance: A U.S. Strategy for Clean Energy Supply Chains

CSIS.org

May 19, 2021DOWNLOAD THE REPORT

Clean energy technologies are now big business. Vast sums of money in clean energy supply chains promise to rearrange the geopolitics of industrial competition and energy security. Further, to achieve their increasingly ambitious climate goals, countries are likely to do far more to reshape industrial sectors, compressing in a few years a process that normally takes decades.

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Clean Energy Can Help Southeast Asia Recover After COVID-19

WRI.org

Prior to the devastating impacts of COVID-19, Southeast Asia was becoming an economic powerhouse. Manufacturing, industry and services expanded across the region in recent decades. Energy demand also grew an average of 6% per year, one of the fastest growth rates in the world. But despite the global decline in renewable energy prices, Southeast Asian countries have largely embraced fossil fuels to meet their growing energy needs.
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Top 10 Priorities for President Biden to Tackle the Climate Crisis

WRI.org

Former U.S. Vice President Joseph R. Biden and his running mate Kamala Harris are widely recognized as having won the 2020 U.S. presidential election, with a majority in the Electoral College and a resounding majority in the popular vote. The Democratic Party has retained control of the U.S. House of Representatives, while the results for the U.S. Senate are very close and the outcome is undetermined at this time. In this WRI Commentary, WRI U.S. Director Dan Lashof suggests a 10-point plan for the new administration.


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President-elect Biden will be sworn into office in the midst of four deeply intertwined crises: the health crisis, the economic crisis, the racial injustice crisis and the climate crisis. He has promised to build back better by taking bold action on all four simultaneously, including making unprecedented investments in health care, infrastructure and clean energy.
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How Can Governments Attract Private Investment for the Green Energy Transition?

The world is not on track to avoid the catastrophic impacts of climate change. With 2030 just a decade away, and governments are under pressure to speed up the clean energy transition.

The good news is that: a) the technologies and the capital are available to accelerate the green energy transition, and b) the private sector is ready to invest billions of green dollars into decarbonization and clean energy.

But how can governments provide the institutional and regulatory frameworks that make it attractive for private companies and investors to invest in and deploy the needed solutions and technologies to accelerate the clean energy transition?
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TẠI SAO CẦN ĐẦU TƯ VÀO NĂNG LƯỢNG TÁI TẠO NGAY BÂY GIỜ?

English: 3 Reasons to Invest in Renewable Energy Now

Man installing panels

Ảnh: Roland Balik: Các nghiên cứu chỉ ra rằng các khoản đầu tư cho năng lượng tái tạo mang lại doanh thu cao và tạo ra nhiều việc làm.

Khi thảm kịch đại dịch Covid-19 của nhân loại trở nên tệ hơn, các hạn chế toàn cầu để ngăn chặn sự lây lan của vi rút bao gồm lệnh ở tại nhà, đóng cửa kinh doanh và lệnh cấm đi lại – có thể góp phần cho một cuộc suy thoái kinh tế tồi tệ nhất kể từ Đại suy thoái – The Great Depression tại Mỹ trước thế chiến thứ II. Virus đã gây ra tác động không thể quên cho ngành năng lượng: năng lượng sử dụng toàn cầu dự đoán sẽ giảm 6% trong trong năm 2020; ngành công nghiệp năng lượng tái tạo cũng không đứng ngoài cuộc

Theo như ước tính của Wood Mackenize , công suất lắp đặt toàn cầu của năng lượng mặt trời và pin tích điện năm 2020 dự kiến sẽ giảm gần 20% so với dự báo trước COVID -19, công suất lắp đặt tua bin gió dự kiến giảm 4,9 GW, tương đương 6%. Việc giảm công suất lắp đặt năng lượng tái tạo và các biện pháp tiết kiếm năng lượng dẫn đến mất 106,000 việc làm trong tháng 3 tại Hoa Kỳ, so với mất 51,000 việc làm trong lĩnh vực dầu khí trong cùng thời gian. Phân tích cũng chỉ ra rằng 15% tổng lượng lao động trong lĩnh vực năng lượng sạch của Mỹ có thể bị mất việc trong những tháng tới- nghĩa là hơn nửa triệu việc làm. Tiếp tục đọc “TẠI SAO CẦN ĐẦU TƯ VÀO NĂNG LƯỢNG TÁI TẠO NGAY BÂY GIỜ?”

Phát triển ngành Năng Lượng Việt Nam: Góc nhìn chiến lược

T.S Đào Thu Hằng

Tóm lược

Bài báo đóng góp những kiến nghị để cải tiến và đổi mới ngành năng lượng và giao thông của Việt Nam, hai lĩnh vực nhìn chung được coi quan trọng nhất đối với các chính sách về năng lượng và khí hậu.

Trong nhiều năm, Việt Nam vẫn đi sau thế giới về năng lượng tái tạo – đặc biệt là điện gió, điện mặt trời, và hiệu quả năng lượng, và phần lớn dựa vào than và dầu. Việt Nam định ra cho ngành năng lượng một phần rất nhỏ trong Đóng góp quốc gia tự quyết định (Nationally Determined Contribution – NDC) để giảm thiểu phát thải carbon, mặc dù ngành năng lượng chiếm đến một nửa lượng khí thải của quốc gia, và điều này gần như loại trừ hoàn toàn ngành công nghiệp năng lượng khỏi NDC. Việt Nam cũng đã gần như chưa hề để tâm đúng mức tới giảm phát thải trong giao thông vận tải, một ngành vẫn gần như phụ thuộc hoàn toàn vào xăng dầu. Ngoài ra, Việt Nam chưa tìm ra cách hiệu quả để tạo ra sự cạnh tranh trên thị trường năng lượng, khiến cho giá năng lượng phù hợp hơn với thực tế thị trường và hiệu quả hơn.

Đầu tư trực tiếp nước ngoài (Foreign direct investment – FDI) vào lĩnh vực năng lượng còn yếu. Việt Nam cần hỗ trợ về vốn từ các nhà đầu tư quốc tế và các tổ chức cho vay để tạo ra một bước tiến lớn trong ngành năng lượng. Nằm trên lộ trình của Sáng kiến ​​Vành đai và Con đường của Trung Quốc (Belt and Road Initiative – BRI), Việt Nam có thể hưởng lợi từ các dự án BRI, nếu các dự án đó phù hợp với những đánh giá và mong muốn của Việt Nam. Vốn Hỗ trợ Phát triển Chính thức (ODA) từ các nước khác tài trợ cũng có thể giúp ích. Nhưng quan trọng nhất, môi trường pháp lý phải được cải thiện để tạo ra sự cạnh tranh và do đó, có được lợi nhuận hợp pháp trên thị trường. Tiếp tục đọc “Phát triển ngành Năng Lượng Việt Nam: Góc nhìn chiến lược”

Samsung targeted by NGOs for proposal to build coal power station in Vietnam

Famous for innovation in consumer electronics and a progressive approach to sustainability, Samsung has been called out by NGOs for links to the construction of the controversial Vung Ang 2 coal-fired power plant in Vietnam.
News that electronics giant Samsung’s construction arm could be building a controversial coal-fired power station in Vietnam has surprised environmentalists, and prompted a campaign that highlights the environmental and social impact of the project.News emerged on Monday (10 August) that Samsung Construction & Trading (C&T) is considering participation in the 1,200 megawatt Vung Ang 2 coal project in Vietnam’s Ha Tinh province.

The proposed plant has been repeatedly targeted by NGOs in recent years for its potential to pollute and exacerbate the climate crisis, and a number of companies including Standard Chartered BankOCBC Bank and DBS have withdrawn from Vung Ang 2, citing conflicts with tightened climate policies.

Campaigners have also pointed out that Vung Ang 2 has air pollution standards far lower than those in Korea, which is one of the world’s biggest investors in overseas coal projects.

A collective of green groups including Greenpeace, Solutions for Our Climate and Market Forces said in a campaign due to run in international media this week that Samsung’s involvement in Vung Ang 2 goes against group-level sustainability pledges, which include reducing greenhouse gas emissions, and will tarnish the company’s brand image.

“Innovation is such a big focus for Samsung. It seems odd that a company so focused on building the next new thing wants to build 19th century technology,” Bernadette Maheandiran, a researcher for investments watchdog Market Forces, told Eco-Business.

The campaign launches less than a month after environmental protests prompted Samsung Securities, the conglomerate’s financial investment arm, to withdraw from the Adani Abbot Point coal terminal in Australia. Prostesters had called for a boycott of Samsung products. Tiếp tục đọc “Samsung targeted by NGOs for proposal to build coal power station in Vietnam”

The role of commercial and industrial clean energy demand in Vietnam’s power sector

Renewable Energy in Manufacturing

by Rachel Posner Ross and Evan Scandling

Introduction

At a time when Vietnam’s electricity demand is surging in response to commercial, industrial, and population growth, a common concern has emerged that rising economic activity will shift carbon emissions from China and other manufacturing hubs to Vietnam. However, our experience through the Clean Energy Investment Accelerator (CEIA) initiative in Vietnam indicates that private-sector demand for renewables has the potential to overcome policy barriers and catalyze significant scaling up of clean energy deployment in emerging markets. Vietnam’s 2019-2020 rooftop solar boom and anticipated surge in wind and solar virtual power purchase agreements for corporate offtakers in 2020 and beyond are the results of public-private collaboration on issues that simultaneously advance government and private-sector interests, offering important lessons for other markets in pursuit of sustainable development.

Background

Vietnam is a developing economy with a population of nearly 100 million and annual GDP growth of 6 to 7 percent, making it one of Asia’s fastest-growing economies, which has been true for decades. Foreign direct investment (FDI) was close to $18 billion in 2018, which accounted for approximately 24 percent of total investment in the economy.1 More than 10,000 foreign companies are estimated to operate or have supply chain manufacturing in Vietnam, including many of the world’s largest companies from a variety of sectors.2 For decades, Vietnam has been home to labor-intensive industries such as apparel and footwear production. Many of the world’s

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This report is produced by the Center for Strategic and International Studies (CSIS), a private, tax exempt institution focusing on international public policy issues. Its research is nonpartisan and nonproprietary. CSIS does not take specific policy positions. Accordingly, all views, positions, and conclusions expressed in this publication should be understood to be solely those of the author(s). © 2020 by the Center for Strategic and International Studies. All rights reserved

Hitachi Completes Acquisition of ABB Power Grids to Tackle Renewable Energy’s Rise

greentechmedia.com

The deal, worth up to $7.8 billion, follows moves by rivals GE and Siemens to refocus on clean energy integration and distributed energy digitization.

Hitachi ABB Power Grids will combine high-voltage transmission with distributed energy assets and digital control systems.

Hitachi ABB Power Grids will combine high-voltage transmission with distributed energy assets and digital control systems.

Vietnam ranks low in clean energy adoption

vnexpress.net

By Nguyen Quy   May 19, 2020 | 09:31 am GMT+7

Vietnam ranks low in clean energy adoption

Three wind towers generating electricity among rice fields in the south-central province of Ninh Thuan. Photo by Shutterstock/Nguyen Quang Ngoc Tonkin.

In the bottom half of a global, clean energy transition ranking, Vietnam languishes far behind many of its neighbors.

Vietnam placed 65th out of 115 economies in 2020 Energy Transition Index, released by World Economic Forum (WEF), down nine spots from last year to continue lagging behind many other Southeast Asian countries.

The ranking measured countries and territories on how well they are able to balance energy security and access with environmental sustainability and affordability based on 40 indicators grouped into two sub-indices.

In Southeast Asia, Vietnam ranked lower than Singapore (13th), Malaysia (38th), Brunei (49th), Thailand (53rd), and the Philippines (57th).

In the region, Vietnam did better than Indonesia (70th) and Cambodia (91st).

The country gained an average score of 53.5 percentage points out of 100, lower than the global average of 55.1.

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Renewable Energy Buyers Vietnam Working Group: Webinar Series

Hosted by the Clean Energy Investment Accelerator (CEIA) and USAID Vietnam Low Emission Energy Program (V-LEEP)

May 28 – Webinar #3:       Banking and Financing for Commercial and Industrial Rooftop Solar

This webinar will bring together banks and financial institutions across Vietnam’s C&I rooftop solar sector. Key topics will include:

o   Case studies and experiences from the financial sector on lending to C&I rooftop solar projects in Vietnam and across Southeast Asia.

o   Key challenges and barriers for local commercial banks to execute loans.

o   Key lessons learned and potential improvements to accelerate future lending.

⮚       Please RSVP to Webinar #3 here

 May 29 – Webinar #4:       Promoting A Gender Inclusive Workforce In Large-Scale Renewable Energy Projects

This webinar will bring together personnel and human resources from the renewable energy community engaged, or exploring engagement, in Vietnam’s Gender Equality. Speakers will include:

o   Gender Toolkit from V-LEEP: Promoting A Gender Inclusive Workforce In Large-Scale Renewable Energy Projects.

o   Observation and practical experiences shared from attendants on efforts to increase number of women’s participation in workforce.

o   Plan ahead to apply or refer to Gender Toolkit for higher social responsibility.

Ø  Please RSVP to Webinar #4 here

Clean Energy Investment Accelerator (CEIA) Southeast Asia newsletter

Climate Currents

Welcome to our Clean Energy Investment Accelerator (CEIA) Southeast Asia newsletter. This quarterly communication is designed to keep you up-to-date on our latest progress, resources, events, and relevant corporate clean energy news across Southeast Asia. We look forward to staying in touch!

Was this forwarded to you? Subscribe to the newsletter here.

CEIA PROGRESS ACROSS SOUTHEAST ASIA

VIETNAM

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Renewable Energy Buyers Vietnam Working Group: Webinar Series

Hosted by the Clean Energy Investment Accelerator (CEIA) and USAID Vietnam Low Emission Energy Program (V-LEEP)

Due to travel and meeting restrictions related to COVID-19, this webinar series is temporarily replacing the in-person Renewable Energy Buyers Vietnam Working Group normally held in Ho Chi Minh City on a quarterly basis.

BACKGROUND

The Renewable Energy Buyers Vietnam Working Group is co-organized by the Clean Energy Investment Accelerator (CEIA) and the USAID Vietnam Low Emission Energy Program (V-LEEP). Since 2017, the Working Group has brought together commercial and industrial (C&I) energy users interested in procuring clean energy, as well as renewable energy project developers and investors, and Government of Vietnam representatives.

The recurring Working Group is a platform for corporate RE market stakeholders to collectively identify and work toward policy, regulatory and financing frameworks needed to meet clean energy goals in Vietnam.

This four-part webinar series, spread across the last three weeks of May 2020, is an important opportunity to virtually convene market stakeholders during a pivotal phase of Vietnam’s clean energy transition.

WEBINAR OVERVIEWS

Each webinar will begin at 9:00AM ICT unless otherwise specified.

May 14 – Webinar #1:       Vietnam’s Direct Power Purchase Agreement (DPPA) Pilot Program

This webinar will feature updates about the DPPA pilot program, including:

o   Legislation approval status including an update on the Prime Minister Decision and MOIT Decision.

o   Transaction agreements, DPPA charge and operational gap analysis.

o   Applicant guidelines, including: evaluation criteria, pilot program rules, and the application process
Tiếp tục đọc “Renewable Energy Buyers Vietnam Working Group: Webinar Series”

Renewable Energy Buyers Vietnam Working Group: Webinar Series

Hosted by the Clean Energy Investment Accelerator (CEIA) and USAID Vietnam Low Emission Energy Program (V-LEEP)

Due to travel and meeting restrictions related to COVID-19, this webinar series is temporarily replacing the in-person Renewable Energy Buyers Vietnam Working Group normally held in Ho Chi Minh City on a quarterly basis.

BACKGROUND

The Renewable Energy Buyers Vietnam Working Group is co-organized by the Clean Energy Investment Accelerator (CEIA) and the USAID Vietnam Low Emission Energy Program (V-LEEP). Since 2017, the Working Group has brought together commercial and industrial (C&I) energy users interested in procuring clean energy, as well as renewable energy project developers and investors, and Government of Vietnam representatives.

The recurring Working Group is a platform for corporate RE market stakeholders to collectively identify and work toward policy, regulatory and financing frameworks needed to meet clean energy goals in Vietnam.

Tiếp tục đọc “Renewable Energy Buyers Vietnam Working Group: Webinar Series”