The largest increases in U.S. electricity generation in the next two years are likely to come from renewable energy sources, driven by expanded generating capacity from these sources. It is expected that renewable energy will provide 22% of U.S. generation in 2022 and 24% in 2023, up from a share of 20% last year. Solar capacity additions in the electric power sector total 20 gigawatts (GW) for 2022 and 22 GW for 2023.
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As the country has committed to reaching net-zero emissions by 2060, this inventory report of energy support measures in Indonesia explores whether the current fiscal policies are aligned with this goal. The first of its kind, the inventory identifies and quantifies support measures available for various energy types—including coal, oil and gas, renewable energy, biofuels, and electric vehicles—between 2016 and 2020.
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Ordinances No. 32/GM/MME and No. 33/GM/MME, both in effect as of December 17, 2021, issued by the Brazilian Ministry of Mines and Energy, determined the schedule for generation and transmission auctions in 2022, 2023 and 2024. Among energy auctions, reserve of energy and reserve of power auctions, and supply of isolated systems auctions, eight auctions of power generation are planned in 2022, seven in 2023 and other seven in 2024.
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The energy prospects for Southeast Asia have been affected by the Covid-19 pandemic, new energy and climate policy commitments and, most recently, high and volatile prices exacerbated by the Russian Federation’s invasion of Ukraine. Against this backdrop of new uncertainties and ambitions, this IEA report explores possible trajectories for Southeast Asia’s energy sector, differentiated primarily by the policies pursued by governments across the region.
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Singapore’s serious commitments to shift its energy dependency from natural gas power imports could be at stake. This is due to Indonesia’s lack of clarity on power export regulations and Malaysia’s ban on renewable energy exports. This could all jeopardize Singapore’s ambitions. The GW export market to Singapore along with the recent 2.3 GWp rooftop solar commitment from local C&I installers could present a potential solution for the lack of domestic market growth.
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To assess the industry’s near- and mid-term trajectory in meeting these goals, this report conveys the results of new surveys of professionals who represent companies that actively finance or develop projects in the renewable energy sector. The surveys assess respondents’ experiences in the market over the past year and their expectations for sector investment and development over the next three years.
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We are indeed among the world leaders in renewables, and that is a platform that we are continuously developing. The strength in renewables is complemented by a large portfolio of flexible generation assets, which are absolutely key to addressing intermittency. And we own and operate significant critical networks and distributed energy infrastructure. Our teams are more focused than ever in contributing to the transformation of the energy mix to the development of both renewable power and renewable gases.
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On the surface, such competition between the regional powers may seem to have provided Indonesia with a golden opportunity to extract favourable terms to advance key projects. The theory, it would seem, is that this allows Indonesia to pit one side against the other, bringing about a competition that offers options such as generous financing terms and advanced engineering know-how, which would otherwise be unavailable under normal circumstances.
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Germany is urgently gearing up for a major electricity policy revamp impelled by the ongoing geopolitical circumstances and the need to secure its future national energy supply besides achieving its climate goals. The comprehensive energy package outlines new frameworks for renewables, power grids and markets in order to ensure that the country is on track to achieve climate neutrality in the electricity sector by 2035, with an interim target of 80 per cent renewable electricity (or 600 TWh) by 2030.
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New data from the annual update of the Local Government Renewables Action Tracker shows that U.S. cities bought 4,370 megawatts (MW) of clean energy in 2021 — enough to power more than 940,000 U.S. households annually. The 2021 figure surpasses the 2020 total by about 4%, and the number is expected to increase as additional public information becomes available about 2021 deals. In 2021, 155 local governments signed 290 renewable energy deals, 25% more cities and 55% more deals than the 2020 record.
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The EPP2040 places an emphasis on increasing renewable electricity generation to drive the energy transition, especially on solar PV and offshore wind. It includes targets for solar PV capacity of 5-7 GW by 2030 and 10-16 GW by 2040, and for Poland to have 1 million prosumers using distributed renewables (mainly PV) by 2030. Although the EPP2040 was released in February 2021, it does not reflect the reality of PV deployment in Poland.
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RD-Law 6/2022 orders an extraordinary review of the parameters for 2020-2022, applicable as of 1 January 2022. The parameters will be approved in 2 months. The mechanism to adjust for market price deviations for energy produced in 2023 and subsequent years is eliminated. The declared aim of these measures is to reduce the charges of the electric system and to supposedly thereby lower the final price of the energy.
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This report contains the latest developments and good practices to develop grid connection codes for power systems with high shares of variable renewable energy – solar photovoltaic and wind. This report elaborates on the latest developments and experiences related to technical requirements for connecting variable renewable energy generators and enabling technologies such as storage, electric vehicles or flexible demand.
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Energy production was low, down 14 per cent compared to last year and the lowest level in over 50 years. Electricity output from renewable technologies dropped significantly because of less favourable weather conditions in 2021. Wind dropped 14 per cent, with further falls in both hydro and solar generation. Renewables share of generation dropped from a record high of 43.1 to 39.3 per cent despite a small increase in capacity.
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Hannaford Supermarkets have announced that they intend to be fully powered by renewable energy by 2024. With this ambitious aim, it reportedly becomes the first large-scale supermarket business to have such an aggressive timeline for becoming renewable powered. Energy intensive supermarkets need large volumes of energy for their heating and cooling requirements. Hannaford has already taken certain measures to reduce its energy consumption.
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Europe builds 38% more wind and solar for power generation by 2050 in the Net Zero Scenario compared to the Economic Transition Scenario. To reach these volumes, solar and especially onshore wind capacity additions need to grow above the industry’s historical rate this decade. Over 2021-2025 alone, deployments in both scenarios need to double compared to 2016-2020, increasing a further 60-80% over 2026-2030.
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Global renewable generation capacity is expected to increase by more than 60 per cent from 2020 levels to over 4,800 GW by 2026. Renewables are also expected to account for about 95 per cent of the growth in worldwide capacity by 2026, with solar energy accounting for majority of the increase. Between 2021 and 2026, the amount of renewable capacity added is predicted to be 50 per cent more than what was added between 2015 and 2020.
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Could the waves in our oceans and seas help tackle the global energy crisis? In theory, yes. Wave energy globally could meet the world’s annual electricity needs, if it was fully harnessed, scientists have estimated. Indeed, the waves around the United States coasts could provide 66% of the country’s electricity, according to the US Energy Information Administration.
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The Government’s recent enshrining in law of a 78% reduction in UK greenhouse gas (GHG) emissions by 2035 (compared to 1990 levels) will lead to a major shift in the UK’s energy system in the coming decade. The Government now needs to strengthen its strategy for meeting that target. Key to that will be the phase-out of unabated gas-fired electricity generation in the UK, effectively removing the last major source of power sector emissions.
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