AboitizPower’s Post

In an insightful address at the Asia Clean Energy Forum 2024, AboitizPower Chief Corporate Services Officer Carlos Aboitiz highlighted the need for nuanced discussions on the energy transition and global net-zero goals. 💬 Carlos noted the importance of understanding the full scope of costs and challenges associated with variable renewable energy sources like wind and solar. He also cautioned against a simplistic view of renewables as the sole solution to the transition, stressing the need for a balanced energy mix to fill demand gaps and address the intermittencies of renewable energy. To learn more about the conversation on sustainable energy solutions, click here: https://lnkd.in/gZNQ2E8j #TransformingEnergyforABetterWorld #AboitizPower

#Windenergy will play a fundamental role in the #clean, #secure and #just #energysystem that the #triplingrenewables target can deliver. : “Wind energy will play a fundamental role in the clean, secure and just energy system that the tripling renewables target can deliver. However, to realise the ambition agreed at COP28 in Dubai, we need to move beyond targets to focus on transformative action in every region of the world. And this needs to happen now. The Global Renewables Alliance's plan, ‘#ActionstoDeliver3xRenewables by 2030', sets out how to kick start a new era of the energy transition: action that delivers a confident #greenworld. Action on #finance, #supplychains, #permits and #grids is the key to unlocking the development of #renewableenergy across the world. There is no time to waste; targets have been set, ambitions raised, and promises made. Now is #Time4Action,” said Ben Backwell, Vice-Chair of GRA and CEO of Global Wind Energy Council (#GWEC) about Global Renewables Alliance - #GRA’s new action agend #WindEnergy Global Wind Energy Council (GWEC) Ben Backwell Türkiye Rüzgar Enerjisi Birliği (TÜREB) Ibrahim Erden, MSc, MBA Ebru ARICI Ahmet özkaya Serhat Metin Ali AYDIN Dr.Eng. İskender Kökey İsmail Kuriş Ender Özatay Beyhan ÜLKER Mustafa Kemal Güngör Evren Aktaş Levent İshak Arif Günyar Joyce Lee Heba Rabie Roberta Cox Reshmi Ladwa Aitana Ramírez de Arellano Santiago ♻️ Trigya Singh Bruce Douglas Capucine Vannoorenberghe Vasiliki Klonari https://lnkd.in/gCci2MSY

"There is no time to waste; targets have been set, ambitions raised, and promises made. Now is the time for action," Ben Backwell, CEO of Global Wind Energy Council (GWEC) speaking about the launch of today's Action Agenda from the Global Renewables Alliance. GRA’s Action Agenda highlights that achieving 3xRenewables by 2030 is possible, with: ⭕ #Action4Finance: Mobilising USD 10 trillion in renewables investment, especially in emerging markets. ⭕ #Action4SupplyChains: Enhancing supply chain resilience and sustainability. ⭕ #Action4Permits: Accelerating permitting processes to expedite project development. ⭕ #Action4Grids: Optimising and expanding grid infrastructure to integrate renewable energy. Explore the actions that will realise the hashtag#3xRenewables commitment: https://lnkd.in/dMgHcBxm #windenergy #energiaeolica #Time4Action #wind #3xRenewables

🌬️ #WindPower plays a vital role in the #renewables mix “Wind energy will play a fundamental role in the clean, secure and just energy system that the tripling renewables target can deliver. However, to realise the ambition agreed at COP28 in Dubai, we need to move beyond targets to focus on transformative action in every region of the world. And this needs to happen now. The Global Renewables Alliance's plan, ‘Actions to Deliver 3x Renewables by 2030', sets out how to kick start a new era of the energy transition: action that delivers a confident green world. Action on finance, supply chains, permits and grids is the key to unlocking the development of renewable energy across the world. There is no time to waste; targets have been set, ambitions raised, and promises made. Now is #Time4Action,” said Ben Backwell, Vice-Chair of GRA and CEO of Global Wind Energy Council (GWEC) about GRA’s new action agenda. The agenda outlines core recommendations to unlock the full potential of renewables, and, crucially, meet the global #3xRenewables target by 2030. Explore the actions making 3xRenewables possible: https://lnkd.in/dMgHcBxm Global Solar Council (GSC) | Sonia Dunlop | Long Duration Energy Storage Council (LDES Council) | Julia Souder | International Hydropower Association (IHA) | Eddie Rich| Green Hydrogen Organisation - GH2 | Jonas Moberg | International Geothermal Association | Marit Brommer

Policy briefs on Energy Economics from ANU. Their key takeaways: 1 - Australia’s target of 82 per cent renewable energy by 2030 can’t be achieved without short project development lead-times. 2 - Completion times for renewable wind and solar projects have sped up significantly, particularly in South Australia. But it may not be fast enough to meet the national target. 3 - Setting maximum times for approval decisions, and giving developers clearer information, could help speed up the process.

The Future of the Energy Market: A Focus on Renewables The global energy market is set for substantial growth, driven by increasing populations and expanding economies. However, the most significant change lies in the evolving energy mix, which is shifting decisively toward cleaner and more sustainable options. Renewable energy sources—such as solar, wind, and hydropower—are expected to grow rapidly and become the dominant players in the energy sector. While fossil fuels will still contribute to the global energy mix, especially in countries that currently rely heavily on them, their significance is projected to decline over time. This transition marks a critical step toward a more sustainable future, where renewable energy will play a central role in powering our world. The momentum is clear: the energy market is increasingly turning green, and the future belongs to renewables. #EnergyTransition #Sustainability #RenewableEnergy #FutureOfEnergy #DontGetDistracted

Major milestone for the UK's energy transition: At the end of September 2024, the UK officially ceased all coal-fired electricity generation, marking the end of an era that began in 1882. With coal no longer part of the energy mix, the focus now shifts to renewables. This summer brought optimism, with recent policy changes and ambitious targets set to accelerate the renewable energy transition. ⚡🌍 As renewable energy scales up, attention turns to improving grid infrastructure and speeding up planning approvals. Korkia is proud to contribute, with already 10.5GW of solar and storage projects in development. ☀️ Learn more about what’s next for the UK’s energy transition in Peter Bolton’s blog: https://lnkd.in/gS9jvthY #EnergyTransition #Renewables #CleanEnergy #NetZero #PoweringTomorrow

As energy pricing comes under enhanced scrutiny, it is interesting to see Renew Economy highlight three ways regulation favours fossil generation over renewables. Fossil fuel producer subsidies are expected to have increased by 31% this financial year (and exceed $14bn). Meanwhile renewable generators must install expensive harmonic filters on generation projects, and AEMO’s pricing mechanism based on Marginal Loss Factors (MLFs) discriminates against renewables, double counting their generation losses. Policies like these delay the transition to a cheaper and more reliable renewable grid, by artificially undermining the business case for renewables projects while also (as illustrated by Renew Economy) adding billions of dollars of cost to electricity bills. https://lnkd.in/gSAh8_Zm https://lnkd.in/gWXfr47K https://lnkd.in/gUFmawEg #EnergyEquityEnvironment

According to S&P Global Commodity Insights, the cost of clean energy technologies is expected to drop by 15% to 20% by 2030. The report further discusses the vital role of government policies in the transition to clean energy, stating that it is essential to drive investment in innovative technologies as it is predicted that one terawatt of wind and solar capacity will be installed within the next two years. The report shows a positive outlook on the future of clean energy, predicting that investments in renewable technologies will continue to rise in 2024 and beyond, thus leading to a significant increase in the deployment of renewable energy, such as solar and wind power. Aither Renewable Team empowers clients to go carbon neutral. Get in touch today aither.com/get-in-touch #aithergroup #cleanenergy #eworld24 #Essen #RenewableEnergy #NetZero #energyefficiency 

Hear it from the locals, our London-based Peter Bolton giving his insight on a historical moment. The UK has ceased all coal-fired electricity generation, ending over 140 years of use since year 1882. A link below to Peter's detailed take on the matter and next steps needed! #renewableenergy #energy #investing #poweringtomorrow