Recently, the Colombian government has shown special interest in the development of green hydrogen, geothermal and offshore wind projects. The location in the centre of the Americas is one of the main advantages for companies when investing in Colombia. Colombia is very special because it has relevant renewable resources: wind, solar.
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In 2023, clean energy resources provided about 41% of electricity in the United States, with more than 16% of total generation provided by wind and solar—called “variable” renewable energy sources because of their daily and seasonal fluctuations in availability. The bulk power system, which supplies and transmits electricity, maintained high reliability throughout the year, showing that grid reliability is achievable as deployment of wind and solar has increased.
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Global Gateway puts principled connectivity at the core of the EU’s external action, linking geoeconomic and climate diplomacy with development policies under a Team Europe approach. Selected projects are to be driven both by the needs of partner countries and the EU’s interests. The aim is to mobilise 300 billion euros in investments by 2027 by using public funds to crowd in private investments. The private sector is to play a key role in shaping the Global Gateway actions.
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The 2024 Indian States’ Electricity Transition (SET) report by IEEFA and EMBER finds that Gujarat and Karnataka have effectively integrated renewable energy into their power sectors, shown adequate preparedness to further the electricity transition and have robust market enablers to facilitate future growth of clean electricity. The two states’ consistent performance over several different parameters across two iterations of the report highlights their strength when it comes to electricity transition.
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A secure supply with heat and electricity became a major challenge to many households in Ukraine as Russia systematically attacks critical infrastructure. This dire situation puts an immediate increase of the country’s energy resilience to the forefront of the political agenda. Given Ukraine’s outstanding size and land area, the country has the potential not only to be self-sufficient in energy supply, but it can also become a bigger exporter of green electricity and hydrogen.
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Using statistical analysis and machine learning models to analyze a dataset from the data company MAPSearch of planned transmission projects of at least 100 kilovolts (kV) conceived between 2005 and 2023, which includes more than 1,300 transmission projects, the report provides a systematic assessment of the impact of key variables on the likelihood that a proposed transmission line will actually be built.
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As per the available data, the assessment shows that the Arab region is far from the 2030 target, which needs an estimated additional period of 60 years to be met at the current pace. With less than seven years left to 2030, the Arab region must undertake serious actions to build resilience in the face of growing challenges. Arab countries must adopt effective policies that foster the implementation of SDGs and initiate national statistical strategies to close data gaps critical for effective monitoring.
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The analysis provides a detailed look into the demand for green H2, the necessary scale-up of electrolyzers, and the potential market growth up to 2050. By focusing on the current and future industrial landscapes, technological advancements, and supportive policy environments, the report aims to be a vital resource for stakeholders, highlighting the urgent need for wider adoption of these commercial technologies to achieve global net zero targets.
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This brief “Understanding the proposed guidance for the Inflation Reduction Act’s Section 45V Clean Hydrogen Production Tax Credit” by ICCT reviews key aspects of the 2023 proposed guidance. After explaining the IRA’s requirements for the hydrogen production tax credit, it summarises how the guidance would address such issues as determining life-cycle greenhouse gas (GHG) emissions during the hydrogen production process, accounting for the GHG emissions of electricity use, and rules about renewable natural gas (RNG), among other topics.
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Heinrich-Böll-Stiftung European Union and Environmental Action Germany have convened a group of over 20 experts from academia, industry, civil society and policy-makers from EU institutions to identify the key challenges of the EU’s energy transition. The expert group met five times in 2023 to develop proposals on how to achieve a 100% renewable energy-based EU economy.
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In recent years, green finance in China has developed rapidly, boosting confidence in the transition of the entire market. However, green finance investments have mostly focused on “pure green” projects with high technological maturity, such as clean energy, green transportation, and green building. For industries with high carbon emissions, such as heavy industry, or projects at relatively early stages of technology development, financial support remains insufficient, making it difficult to meet the transition needs of these sectors.
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Beyond 2035, expanding renewable energy sources, end-use electrification, moderate fuel switching to hydrogen, and carbon CDR technologies are the predominant cost-minimising strategies to achieve net-zero emissions. Notably, source switching, both to electricity and hydrogen, in the transportation and industrial sectors are focal points for divergence between the Current Policy and Net Zero scenarios.
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Green hydrogen emerges as a promising solution to the intermittency of renewable energy resources, offering storage and transport capabilities essential for a sustainable energy future. Germany’s proactive hydrogen diplomacy exemplifies the strategic importance of securing reliable supply chains.
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Tasmania could significantly reduce its energy costs by optimising its energy assets: importing more cheap electricity, exporting more high-priced electricity, and slashing electricity costs of residential and commercial buildings. Batteries could help Tasmania cost-effectively increase both imports and exports of energy, while a broader review of market incentives and rules may be required to optimise the opportunity represented by water hoarding.
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Despite the growing adoption of EVs in India, the availability of accessible and affordable financing remains one of the major challenges for the widespread transition to e-mobility. From the perspective of financiers, lending for ICE two- and three-wheelers is a difficult business because the borrower profile consists of many new-to-credit customers who are learning to adapt to formal credit cycles and typically have a history of significant delays in payments.
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This report “The Plan to Enable the Bioeconomy in America: Building a Resilient Biomass Supply” by USDA focuses on systems of production of biomass as raw material and its preprocessing into feedstocks for many diverse types of biomanufacturing and biobased products in the U.S. bioeconomy. Some of these systems are well-established and primed for expansion, while others are newly emerging.
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The energy company obligation (ECO) is the government’s flagship fuel poverty alleviation programme, and one of the main pillars to improve overall energy efficiency. Changes to the scheme have led to a fall in the number of installations. Reform of the programme is needed to ensure it can play a central role in meeting the UK’s statutory target to end fuel poverty by 2030. ECO’s ability to act as a vehicle to deliver home upgrades has proved successful in the past.
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Key takeaways from the presentation “Power Grid Interconnections to Accelerate Asia’s Energy Transition” are interconnection accelerates energy transition. Further, as renewables shares grow, benefits of interconnection also increase. In addition, grid-to-grid integration combined with multilateral trading enables secure and efficient green energy integration.
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This report provides a preliminary assessment of the bioenergy potential of six small island developing states (SIDS) in the Caribbean: Cuba, the Dominican Republic, Haiti, Jamaica, Trinidad and Tobago, and Guyana. These countries comprise about 94% of the region’s area and 93% of its population. The aim is to offer a nuanced understanding of bioenergy development possibilities tailored to specific regional contexts (especially in different continents) and also end-uses (e.g. biomass power and biojet fuels).
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Focused and co-developed clean transition partnerships would help the EU strengthen its geopolitical position in an increasingly multipolar world. Doing so is critical to preserve Europe’s influence as an international actor, and essential to the long-term viability, security, and prosperity of the EU project. Clean transition partnerships can contribute to rebuilding trust with the Global South by making a strong case for cooperation with the EU.
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