Seven months on from COP 28 and what steps has the USA taken towards its huge goal of tripling its renewable energy capacity by 2030? Energy expert Benjamin Wilkinson looks at at some of the biggest achievements of 2024 so far, the opportunities for hiring in America's renewable energy space and the challenges that the nation faces in hitting its goals. Read more: https://lnkd.in/dEduipua #ProgressingLivesEverywhere #USA #Energy
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Latin America and the Caribbean (LAC) finds itself at a relatively early stage of the energy transition. Although the region consistently achieves high rates of renewable generation, which accounted for 72% of total generation in 2023, the full potential of its energy transition technologies remains untapped. However, this is about to change with large amounts of renewable energy and green hydrogen production capacity in the pipeline. For a closer look at opportunities, contact me. #GlobalData #power #Latin America
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CEO at Tandem Bank Helping mainstream consumers transition their homes, transport and lifestyles to a lower carbon economy whilst saving a little along the way.
The story of solar energy began in the United States, in 1883 when Charles Fritts invented the first device to produce electricity from sunlight. Fast forward to today and the US has more than 5 million solar panel installations across the country, with renewables responsible for generating more than 40% of US energy. Here in the UK, we're catching up, but still got a fair way to go with fossil fuels accounting for more than a third of our energy production. It's crucial that the next Government finally takes the challenge ahead seriously, and shows the commitment to drive progress in renewable energy and keep our 2030 targets front of mind. #SolarPanels #ClimateChange #GeneralElection #Government #2030 #NetZero #RenewableEnergy #SustainableLifestyles #TandemBank
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Corporate Securities and M+A Partner at Hunton Andrews Kurth LLP/Energy Sector Focus; Co-Head of the Corporate Team
Please see the post by my partner Patricia Tiller regarding the trend in renewables surging worldwide!
Office Managing Partner, Dubai, Hunton Andrews Kurth Ltd | Commercial Lawyer | Energy Expert | Women Empowerment Advocate
The IEA suggests that the world stands on the brink of achieving its goal of tripling renewable energy capacity, as agreed upon at COP28. According to its latest annual renewables report, the world witnessed a substantial surge, adding nearly 510 gigawatts of renewable energy capacity in 2023 alone - a remarkable 50% increase from the previous year. This signifies a significant step forward in the fight against climate change and underscores the potential for renewable energy to play a central role in shaping a more sustainable future for generations to come. #RenewableEnergy #Sustainability #CleanEnergy
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Working for sustainability and a clean transformation of energy systems and the economy. Seeking project roles now.
19% more sounds quite achievable. I mean if it were 190% or 1900% that could seem insurmountable. But finding 19% more funding to 2050 to deliver clean energy as a prerequisite for a stronger global economy, greater human wellbeing and preservation of nature seems like a damn good investment, whatever the ‘trillions’ number is. #energytransition
Governments and companies need to spend an extra $34 trillion on the clean energy transition between now and 2050 to reach net-zero emissions, according to BloombergNEF. The New Energy Outlook report, which crunches 18 million datapoints, says that amount is 19% more than what’s expected in its base case scenario. The finding indicates that sectors from electric vehicles and renewable energy to power grids and carbon capture need extra support.
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Renewable energy has hit a historic milestone, 🙌♻️ exceeding 30% of the world's electricity supply for the first time. This underscores the rising importance of solar, wind, and hydroelectric power in meeting global energy demands, signaling progress toward a greener future. The transition to renewables also offers economic growth, job opportunities, cleaner air, and greater energy independence. However, the National Renewable Energy Laboratory, raises concerns about the pace of this transition...
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UK's renewable energy generation reached 135 terawatt hours in 2023, marking a record increase from 41.5% in 2022. This was largely due to the offset of new capacity by challenging weather conditions. Despite this, fossil fuel electricity generation fell to its lowest share in 2022. The Energy Department's data reflects this shift. https://lnkd.in/gjN9ayEc #DNO #gridcompliance #developers #powersystem #electricity #gridconnection #netzero #sustainability
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🎯Clean energy is surging ahead of fossil fuels, growing at double the rate according to the latest International Energy Agency (IEA) report. This rapid expansion is driven by factors like cost reductions in renewable technologies, increasing climate concerns, and supportive government policies. ✅Also, A study by Bloomberg New Energy Finance predicts that renewables will account for 85% of global power generation by 2050, surpassing fossil fuels significantly 👍🏼✍️Thank you for your involvement, your comments and your reaction. _ ✌️ Follow our group hashtag #ClimateandEnergyProfessionals ✌️#AyoubabaTalks for daily news.
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Office Managing Partner, Dubai, Hunton Andrews Kurth Ltd | Commercial Lawyer | Energy Expert | Women Empowerment Advocate
The IEA suggests that the world stands on the brink of achieving its goal of tripling renewable energy capacity, as agreed upon at COP28. According to its latest annual renewables report, the world witnessed a substantial surge, adding nearly 510 gigawatts of renewable energy capacity in 2023 alone - a remarkable 50% increase from the previous year. This signifies a significant step forward in the fight against climate change and underscores the potential for renewable energy to play a central role in shaping a more sustainable future for generations to come. #RenewableEnergy #Sustainability #CleanEnergy
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⚡️ The shift towards renewable energy is well underway. Our goal is to facilitate and support this shift by helping people address their most urgent energy needs. Heila Technologies brings strength to people today and together, as we move toward a cleaner and more resilient tomorrow. Learn more about optimizing energy for opportunity: https://bit.ly/3wKoHtW #HeilaEDGE #EnergyOptimization
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