The Net-Zero Circle

The Greek Ministry of Environment and Energy is prioritising large renewable energy projects 🌞💨 to keep consumer energy costs low during the transition. Greece emphasizes large-scale projects 📈 for their cost efficiency. Larger installations, benefiting from economies of scale, are expected to lead the renewable targets set in Greece’s National Energy and Climate Plan (NECP) for 2030, ensuring affordable electricity for households 🏠 and industries. Smaller projects are set to operate mainly under the net-billing scheme, and energy communities may support demand response services. Greece had previously offered high feed-in tariffs (2008-2013), impacting consumer bills until about 2030, though this approach has mostly been phased out. Skylakakis highlighted Greece’s delayed entry into energy storage 🔋 but noted it has avoided high subsidies, leveraging recent technological cost reductions. Additionally, the ministry is exploring ways to boost wind energy 🌬️ in the national grid. While solar installations hit record highs in mid-2023, wind energy has seen limited growth. Adjustments to connection priorities favouring wind farms are being considered but not yet decided.

🌍 We are thrilled to celebrate the first-ever Toronto Stock Exchange Market Opening Ceremony from Chile! Stelios Papagrigoriou, Executive Chairman and Co-founder of IN-VR, and Karolina Guay, Canadian Ambassador to Chile, joined Guillaume Légaré, Head of South America at Toronto Stock Exchange, in opening the market live from Santiago to mark the Chile Energy Transition Summit 2024. Organized by IN-VR, this summit brings together thought leaders, industry experts, and innovators committed to shaping sustainable solutions aligned with global net-zero goals. With a spotlight on Chile’s renewable energy advancements and abundant mineral resources, the summit emphasizes the vital role of collaboration across these sectors in driving the nation’s energy transformation. 🔹 Chile’s Mining Presence on TSX & TSXV: With 43 TSX and TSXV mining companies and 120 mining properties in Chile, the TSX and TSXV are well-positioned to support critical minerals and renewable energy companies in accessing the growth capital they need to contribute to the future of sustainable mining. Together, we’re building pathways toward a net-zero future. #ChileEnergyTransition #NetZero #RenewableEnergy #Sustainability #EnergyTransformation #TSX #TSXV #CriticalMinerals https://lnkd.in/eeE-yUDt

🌍 Chile Takes a Bold Step in Decarbonization! 🌱 At the Chile Energy Transition Summit 2024, Alex Santander G. from the Ministerio de Energía Chile introduced Chile’s groundbreaking Decarbonization Plan. Supported by the Banco Interamericano de Desarrollo (IDB), this roadmap charts Chile’s course toward a low-carbon energy matrix by 2050, built around principles of resilience, efficiency, and sustainability. Highlights from the Plan: - Phasing Out Coal: Chile is committing to a gradual transition away from coal, clearing the path for cleaner energy solutions and technological innovation. - Strengthening Renewable Infrastructure: With 45 strategic measures, the plan supports renewable energy projects and critical transmission infrastructure. - Inclusive Vision: Now open for public consultation, the plan invites diverse perspectives from experts, civil society, and industry to foster a balanced, sustainable energy future. Chile’s energy transformation sets an inspiring global benchmark in green energy and green hydrogen leadership. 💡 For more details, check the link in the comments! #EnergyTransition #Decarbonization #ChileEnergyTransitionSummit #RenewableEnergy #GreenHydrogen #SustainableFuture

We are pleased to announce our support for the exciting Cuba Energy Summit, organized by IN-VR and backed by the Ministry of Energy of Cuba and CUPET. This event will take place from December 4th to 6th, 2024 in Havana, Cuba. Over three days, we will thoroughly explore opportunities in exploration and production, LNG, refinery operations, renewable energy, and energy transition in Cuba. You won't want to miss this unique opportunity to connect with key industry leaders and participate in cutting-edge discussions on Cuba's energy future. Secure your spot today at the Cuba Energy Summit: https://lnkd.in/gs-73_nU #CubaEnergySummit #RenewableEnergy #TechnologicalAdvancements #Sponsored

📌Chile Energy Transition Summit 2024 Today, Alex Santander G. highlighted a pressing reality: “today, only 22% of energy is supplied by electricity, with 14% from biomass. To reach our 2050 goals, we must cut fossil fuel dependency by half and double or even triple current electricity capacity” With a clear focus on 2030, the path is set, but the key question remains: how will we achieve this? Tomorrow, the Ministry of Energy will release a crucial decarbonisation plan for the energy matrix, setting short-term steps and accountability measures to drive progress. A decarbonised electric system is key to enabling clean, green hydrogen. This plan aims to be a major step forward for a sustainable energy transition. #EnergyTransition #ChileEnergyTransitionSummit #Decarbonisation #2030Goals #SustainableFuture

📣 #DAY2 WRAP-UP FROM THE CHILE ENERGY TRANSITION SUMMIT 🇨🇱 Day 2 of the Chile Energy Transition Summit brought powerful insights on Chile’s clean energy transition, with industry leaders, government officials, and energy experts tackling the path forward for green hydrogen, renewable integration, and energy efficiency. Here are the key takeaways from today’s sessions: 🌍 Alex Santander G. (Ministerio de Energía Chile) emphasized Chile’s 2030 goal of reducing fossil fuel dependence, noting that only 22% of the country’s current energy is supplied by electricity. "To achieve our long-term goals, we need to focus on accountability with short-term plans and ensure a decarbonized grid to support clean hydrogen." 💡 Claudia Valdés Florenzano (Banco Interamericano de Desarrollo) highlighted Chile’s unique position in the green hydrogen market thanks to its abundant natural resources and government policies. "Chile has everything it takes: from favorable policies to a strong R&D focus. This positions us to be a leader in sustainable hydrogen production and international growth." 🔋 Dr. Marcelo Villagrán (Mankuk Consulting & Services S.A.) stressed the need for regulatory flexibility to accelerate green projects without compromising environmental protection. "It’s essential that we strike a balance between sustainable growth and safeguarding our natural resources." ⚖️Mario Marchese (Copenhagen Infrastructure Partners) noted the urgent need for regulatory updates to support green hydrogen as a clean fuel alternative for industries like energy generation and maritime. "Chile has the recipe to combat climate change, but we must accelerate regulations to keep pace." 🔌 Katherine Orozco (EDF) discussed the challenges Chile faces in renewable energy transmission, pointing out that the lack of adequate infrastructure limits growth. "We need to unlock transmission capabilities to harness Chile’s renewable resources fully and remain competitive on a global scale." ⚡ Illia Stifel (Aggreko) presented Aggreko’s work with Gold Fields on a hybrid 22 MW power plant, combining gas, solar, and battery storage to optimize energy usage in mining operations. "With flexible CAPEX and innovative hybrid solutions, we’re helping clients reduce energy costs and environmental impact." A huge thank you to all the panelists, attendees, and especially to our sponsors Aggreko Shenzhen Atess Power Technology Co.,Ltd Atlas Renewable Energy for making this summit a resounding success. As we wrap up the Chile Energy Transition Summit, we are energized by the ideas shared and look forward to seeing them turn into actionable steps toward a sustainable energy future for Chile and beyond. 🌱🇨🇱 #ChileEnergyTransitionSummit #GreenHydrogen #CleanEnergy #RenewableEnergy #EnergyTransition #SustainableFuture #ThankYou

📣 #LIVE FROM SANTIAGO! 🇨🇱 Paving the Way for Chile’s Sustainable Energy Future with Aggreko A big highlight today at the Chile Energy Transition Summit was Aggreko’s presentation, where our key sponsor shared impactful strategies to support Chile’s energy transition. Illia Stifel, Regional Business Development Manager, illustrated how Aggreko partners with clients to deliver tailored energy solutions, combining flexibility, innovation, and sustainability. 🔋 Innovative Solutions in Action: Illia discussed Aggreko’s recent collaboration with Gold Fields, where they developed a 22 MW hybrid power plant—blending gas, solar, and battery storage under a single, CAPEX-free contract. This approach enables mining operations to reduce costs, lower their carbon footprint, and enhance energy reliability. Illia underscored the critical role that solar plays in the region’s energy future, even as it brings its own set of operational challenges. "Our goal is to empower clients to succeed through customized solutions, whether it’s hybrid energy setups, flexible financing, or advanced mobile solar technology," Illia explained. With strategic partners like Aggreko, Chile is accelerating its journey towards a greener, more resilient energy future. 🌱⚡ Stay tuned for more updates from the Chile Energy Transition Summit! 🇨🇱 #ChileEnergyTransitionSummit #Aggreko #EnergyTransition #HybridEnergy #SustainableSolutions #GreenEnergy

🚨 Last Chance Alert! Early Bird Tickets for the Cuba Energy Summit Have Sold Out! 🚨 This morning, our Early Bird tickets disappeared in no time! If you weren’t quick enough, don’t miss your opportunity to be part of this landmark event. Join us from 4-6 December 2024 for the Cuba Energy Summit, where top leaders in the energy sector will come together to discuss transformative solutions and lucrative investment opportunities in Cuba's vibrant energy market. With less than a month to go, excitement is at an all-time high, and you won’t want to miss what’s coming! 📅 Connect with industry pioneers and discover how you can play a role in Cuba’s energy future. Download the agenda now to see the thrilling lineup of speakers and sessions that you need to be part of! 👉 Download the agenda and get more information here: https://lnkd.in/d5g6b4Zw #CubaEnergySummit #RenewableEnergy #InvestmentOpportunities

📣 #LIVE FROM SANTIAGO! 🇨🇱 The Roadmap to Chile’s Clean Energy Future with Alex Santander G. Today at the Chile Energy Transition Summit, Alex Santander G., Director of Strategic Planning and Sustainable Development at Chile's Ministerio de Energía Chile, presented a clear and ambitious roadmap for Chile’s clean energy transformation, focusing on the path to 2030 and beyond. 💡 Current Energy Dependence: Only 22% of Chile’s energy supply comes from electricity today, with another 14% from biomass. By 2050, Chile aims to cut its reliance on fossil fuels by half, doubling or even tripling current electricity capacity to meet the nation's future energy needs. 🌍 Accelerating Progress: Alex emphasized the importance of building on Chile’s institutional achievements while accelerating efforts to reach the 2030 targets. "Our focus is now firmly on 2030. We know where we want to go by 2050; the question is how we progress from here to 2030." 📅 Short-Term Actions for Long-Term Goals: While Chile’s long-term goals are inspiring, Alex underscored the need for short-term plans to ensure tangible, measurable progress. He introduced new tools in development to drive daily accountability in reaching these targets, with a decarbonization plan set for release soon. 🔋 Hydrogen and Clean Power: Ensuring a low-carbon, decarbonized electricity system is essential to support Chile’s ambitions for clean, green hydrogen production. “We need a decarbonized grid to guarantee clean hydrogen,” Alex noted, highlighting the connection between renewable energy and the hydrogen economy. With the 2030 targets in sight, Chile is focused on measurable steps and strategic actions to build a sustainable, clean energy future. Stay tuned for more updates from the Chile Energy Transition Summit! 🌱🇨🇱 #ChileEnergyTransitionSummit #CleanEnergy #Decarbonization #GreenHydrogen #2030Targets #SustainableFuture #Chile

📣 #LIVE FROM SANTIAGO! 🇨🇱 Chile's Role in the Global Hydrogen Market at the Chile Energy Transition Summit This morning’s expert panel, moderated by Grace Keller, Director of H2News Plataforma Multimedia , discussed Chile’s strategic roadmap to lead the global green hydrogen market. The conversation highlighted key factors that make Chile a competitive producer and explored future applications in sectors such as Mining, Transport, Refineries, and Agriculture. 💼 Mario Marchese, CISC Director of Green Hydrogen & Ammonia at Copenhagen Infrastructure Partners, emphasized the urgency of regulatory adaptation: “Chile has the recipe to combat climate change, but we need a regulatory framework that matches the industry’s ambition. Both authorities and the community need to align on what they want for a sustainable hydrogen future.” 🌍 Marcos Kulka, Executive Director of H2 Chile, stressed the diverse applications of hydrogen: “Hydrogen has countless uses, and each project needs to be evaluated on its own merits to fully understand its market value.” 🔋 Katherine Orozco, Project Development Manager at EDF, pointed out infrastructure challenges: “Chile has a wealth of renewable energy projects, but the lack of adequate transmission systems is holding us back. Leveraging local talent is essential to strengthen our competitiveness on the global stage.” ⚖️ Angel Caviedes Cabezas, Head of New Energies at the Ministerio de Energía Chile, highlighted the importance of shared infrastructure in regions like Magallanes: “We’re promoting shared-use infrastructure to support development, and ensuring certainty not only for the industry but also for local communities.” The panel concluded that Chile has the potential to lead the global green hydrogen market by advancing in regulation, infrastructure, and public-private collaboration. Stay tuned for more updates from the Chile Energy Transition Summit! 🌱🇨🇱 #ChileEnergyTransitionSummit #GreenHydrogen #SustainableFuture #HydrogenEconomy #CleanEnergy #NetZero2050