🔋 𝗞𝗲𝘆 𝗵𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀 𝗳𝗿𝗼𝗺 𝘁𝗵𝗲 𝗳𝗶𝗿𝘀𝘁 𝗵𝗮𝗹𝗳 𝗼𝗳 𝟮𝟬𝟮𝟰: 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗳𝗿𝗼𝗺 𝗚𝗿𝗲𝗲𝗻 𝗣𝗼𝘄𝗲𝗿 𝗗𝗲𝗻𝗺𝗮𝗿𝗸 🔋 Green Power Denmark has identified four critical trends in the energy sector during the first half of 2024, all pointing to a clear takeaway: We must accelerate the electrification of heating, industry, and transportation. 1. Record high green energy production, but still far from climate goals 🌍 2. EU’s green milestone 💡 3. More negative electricity prices: a sign of imbalance ⚡ 4. Rising natural gas consumption 🔥 The conclusion? There’s an urgent need to accelerate electrification to ensure green power effectively replaces fossil fuels. Read more in Green Power Denmark’s latest article (in Danish): https://lnkd.in/eCJQmKGR #renewables #greenpowerdenmark #energy
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Today, the Spanish Government approved the update to the National Integrated Energy and Climate Plan, PNIEC 2023-2030. 📑 Key highlights of the updated plan include: - A 48% of renewable energy in final energy consumption by 2030 - Electrification, one of the main drivers of decarbonization, is set to increase by 10 points from (+90TWh) - The demand for electricity is projected to rise by 34% compared to 2019, reaching 358 TWh in 2030, driven by electrification and new project developments. This updated PNIEC aims to accelerate Spain's energy transition while supporting sustainable economic growth and reducing reliance on fossil fuels. 📰 Press release: https://lnkd.in/dRUD9SgV 📋 PPT: https://lnkd.in/dUs4bCbr 📊 Factsheet: https://lnkd.in/dbXzkXyW #energytransition #NECP #electrification
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📢 Exciting News! €17.9 Million Funding in Austria for Energy Storage Systems up to One Megawatt Hour! ⚡️ Austria’s Climate and Energy Fund has launched a call for proposals to promote "Medium-sized Energy Storage Systems". With €10 million from the Ministry of Climate Protection and €7.9 million from the European Agricultural Fund for Rural Development, €17.9 million is available to support energy storage with capacities between 51 kWh and one MWh. Funds are for new installations and expansions of existing battery storage systems. The funding rate is €150 per kWh, with a sustainability bonus if powered by renewables. An additional €10 per kWh is available for installations in climate-focused regions, with a maximum of 30% of environmentally relevant investment costs eligible. The goal is to inspire other investors and help balance fluctuations in renewable energy generation. Applications can be submitted online until February 2025 or until funds are exhausted. Projects must be completed within 24 months of approval. We are thrilled to announce that our TESVOLT products, TS HV 30-80 E and TPS-HV 80 E, meet all the funding requirements! This is a fantastic opportunity for businesses in Austria to invest in sustainable energy solutions and benefit from this generous funding. 🌱⚡️ Explore our products: https://lnkd.in/ex_PF-3p https://lnkd.in/e5T2zry8 #TESVOLT #EnergyStorage #Austria #RenewableEnergy #ClimateAction #Sustainability
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The Future of Electricity: Towards a Sustainable Energy Transition ⚡ In a world where climate challenges are becoming increasingly pressing, the transition to renewable energy sources is more crucial than ever. Electricity, as an energy carrier, plays a central role in this transformation.Why Renewable Energy? 1-Reduction of CO2 Emissions: Renewable energy sources, such as wind and solar, allow us to significantly reduce our carbon footprint. In 2023, renewable energy accounted for more than 30% of global electricity production, a figure that continues to grow. 2-Energy Independence: By investing in local solutions, countries can reduce their dependence on imported fossil fuels, thus strengthening their energy security. 3-Technological Innovation: The electricity sector is at the forefront of innovation. Technologies such as smart grids and energy storage are transforming the way we consume and distribute electricity. What Are the Next Steps? Investment in Infrastructure: To support this transition, it is essential to invest in modern infrastructure that facilitates the integration of renewable energy. Awareness and Education: Informing the public about the benefits of renewable energy and how everyone can contribute to this transition is paramount. Cross-Sectoral Collaboration: Businesses, governments, and citizens must work together to create policies and initiatives that promote a green economy. Together, we can build a sustainable and responsible energy future. What innovative initiatives or projects have you seen in this field? Share your thoughts in the comments! #RenewableEnergy #EnergyTransition #Innovation #Sustainability
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💚🌞 On the first Clean Energy Day, we are pleased to announce one more step in our decarbonisation efforts. Our Brehna plant in Germany has undergone a remarkable transformation with the installation of solar panels on its roof. These panels will soon produce 900 MWh of renewable energy, directly contributing to the power supply of our finished products. This new installation is in line with our overarching goal of having all our company-owned facilities powered by solar energy by 2030. In addition, further solar panel installations are on the horizon for 2024, complementing our broader initiative to reduce carbon emission intensity (Scopes 1 and 2) by 35% by 2030. Clean energy is one of the key pillars of our C5 Green Commitment programme, underlining our commitment to sustainable practices. On this Clean Energy Day, we celebrate not only the new solar panels in Brehna, but also our ongoing commitment to a more sustainable world. #InspiringSmarterBuilding #ArcelorMittalConstruction #CleanEnergyDay #Sustainability #renewableenergy
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🌍🌞 July 10 marks the Global Energy Independence Day that serves as a powerful reminder of our collective responsibility to transition towards renewable energy sources like solar, wind, hydro among other that offer viable alternatives to power our societies while minimizing environmental impact. At Sunlight, we're proud to contribute to this shift by providing transformative energy storage solutions, made in Europe for Europe. Our ESS (Energy Storage Systems) store renewable energy without trading part of it off, against disproportionate CO2 footprint, thanks to local manufacturing, using clean energy, environmentally friendly processes and avoiding massive transportation of enormous containers. The industrial energy storage market is rapidly evolving, driven by the growing demand for dependable power solutions. Sunlight is there, ready to support at the best global standards, both in terms of quality and customer value, including long term performance certainty. Advancements in battery technologies, government initiatives promoting renewable energy integration, and the need for grid stability are key factors driving market growth. Major sectors like manufacturing, healthcare, and telecommunications are increasingly adopting energy storage solutions to enhance their operational resilience. Let's celebrate Global Energy Independence Day by committing to sustainable energy practices and supporting the ongoing evolution of energy storage technologies. Together, we can create a cleaner, more resilient future. 💡🔋🌿 #GlobalEnergyIndependenceDay #RenewableEnergy #EnergyStorage #Sustainability #GridStability #ClimateChange #SunlightESS
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Check out this interesting development in the energy markets! France's electricity prices have recently dipped into negative territory, reaching a low of -€5.76 per MWh (Megawatt hour) - the lowest level seen in the past 4 years. This is primarily due to favorable weather conditions boosting renewable energy generation, coupled with a decline in overall electricity demand. According to Markets Insider, European countries are rapidly transitioning their power grids to decarbonize, investing heavily in renewable energy infrastructure. However, the deployment of energy storage systems has not kept pace, leading to a surplus of electricity with nowhere to go, and resulting in these episodes of negative pricing. It's important to note that while the wholesale prices have dipped into negative territory, the retail prices paid by consumers are generally higher. This highlights the ongoing challenges in balancing supply, demand, and storage in the evolving renewable energy landscape. Fascinating to see the energy market dynamics playing out in real-time. The path to a sustainable, carbon-neutral future clearly has its ups and downs, but progress is being made. Stay tuned for more developments in this rapidly shifting energy landscape! #EnergyMarkets #RenewableEnergy #ElectricityPrices #EnergyStorage #Decarbonization
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✔️ 604 million tonnes of CO2 equivalent: Current annual amount of #GreenhouseGas emissions avoided through the use of renewable energy in the EU-27 ✔️ 41.2%: Share of renewables in gross electricity consumption in Europe ✔️ 210 bn €: Turnover generated by #RenewableEnergy sources in #EU-27 In the free #EurObserv’ER live webinar you can learn more about current trends and facts of #GreenEnergy in Eurpe. When: 25 April 2024 from 11.00 to 12.00 CEST 📅 Register here: https://bit.ly/3U0X7QG The webinar will present the key results of the "The State of Renewable Energies in Europe" Edition 2023, 👉 available for downloading here: https://bit.ly/4ckuvKf Webinar Agenda 1. Energy indicators(Observ'ER) 2. Focus on RES in Buildings (Fraunhofer Institute for Systems and Innovation Research ISI) 3. Investment indicators (Fraunhofer ISI) 4. Socio-economic impacts (TNO) 5. RES costs, prices and cost competitiveness (TNO) 6. Avoided fossil fuel use and avoided GHG emissions (VITO) 7. Innovation and competitiveness indicators (TNO) #RenewablesAcademy
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🌍 This International Day of Clean Energy, we take a look at the renewable energy landscape in 2024! Discover the latest trends, groundbreaking investments, technological innovations, and more by reading the latest issue of the Sustainable Energy Bulletin. 🔗 Link in comments. #CleanEnergy #RenewableEnergy #InternationalDayOfCleanEnergy Riad Meddeb
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Renewable Energy Powers Our Future PLANET Highlights 🌎 2023 Integrated Report 📗 Our plant’s increased use of renewable electricity has led to a 4.7% reduction in CO2 emission intensity, a process led by the Odessa plant’s 100% use of renewable electricity. This is a key step in our broader decarbonization strategy, enhancing sustainability and energy efficiency. Explore our energy initiatives by downloading our 2023 Integrated Report: ttps://lnkd.in/g3kUWVHk. #RenewableEnergy #Decarbonization #Sustainability #EnergyEfficiency #WeAreGCC #ProudlyGCC GCC México
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From ancient innovations to modern technology, renewable energy has always been part of our story. Once powered by the simple force of wind and water, today's renewable energy has ascended to new peaks. In the U.S., this green power has surged by 𝟗𝟎% from 2000 to 2020, becoming the fastest-growing energy source in the nation 🌱
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