Eddie Black’s Post

[60-year energy history of Hyundai E&C ②] From next-generation future energy to power trading Power generation centered on fossil fuel led to environment issues caused by emission of carbon dioxide. Against this backdrop, Hyundai E&C is thinking beyond expansion of insufficient energy and is standing at the forefront of clean energy transition without carbon while considering the future of earth. #hyundaienc #newenergy #SMR #hydrogen #environment #ccus

Carbon-Free Europe's latest memo analyses several different pathways for Italy to reach net-zero emissions by 2050 and ease its journey toward a decarbonised economy. This transformative path provides greater energy security, economic resilience, and reduced dependence on intermittent electricity sources. Here's a closer look at what investments Italy must make in order to reach its net-zero targets: 1. Invest in the development of Italy’s inter-regional connector role further the EU's larger net-zero goals. 2. Invest in the development of Italy’s inter-regional connector role further the EU's larger net-zero goals. 3. Invest in infrastructure and energy storage solutions to decrease foreign reliance on fuels. 4. Embrace technology inclusivity, including investing in nuclear power and domestic hydrogen production. Read the full analysis: https://lnkd.in/e7cnA7De

"Voluntary clean energy targets(...)are increasingly common among corporations and government entities — as are gaps between their ambitions and the clean energy that utilities and their regulators are providing." This is not a hurdle that only businesses in Georgia face, it is a problem faced nationwide. For many companies, major deadlines for clean energy goals are approaching with most of them marking 2025 as their first milestone. It is best to get ahead of the curve now, stay ahead of your competition by protecting your business from downed operations due to power quality issues. Don't wait to address the issue when everyone else is! Exergy exists to bridge the gap between sustainability and optimized business performance. Let us help you navigate the process and reach your sustainability goals efficiently. https://lnkd.in/eYpEuWVu #cleanenergy #energygoals #sustainability #utilities

UK urged to double clean energy deployment for 2035 goal. A new report warns that the UK’s slow progress toward 2035 energy target may hinder the country’s ability to meet net zero goals. #cleanenergy #decarbonisation #energybills #energyconsumption #energycrisis #energycustomers #energydemand #energyindustry #energyinfrastructure #energynews

🌍 Time to Understand the Clean Energy Gap The clean energy investment gap, which has surged to $3 trillion annually, highlights the urgency of the situation. Despite a 17% growth in global clean energy investment in 2023, significant disparities persist across sectors. To stay on track for net zero by 2050, annual investments must more than double their current rates, presenting a formidable challenge. The challenges contributing to the clean energy investment gap include: ·      Access to Capital: Limited access to capital, particularly in emerging economies, poses a significant barrier to clean energy investment, hindering the transition to renewable energy sources. ·      Policy Uncertainty: Inconsistent policies and regulatory frameworks create uncertainty for investors, deterring long-term commitments to clean energy projects. ·      Technological Hurdles: Technological challenges, such as the lack of suitable financial instruments and perceived risks, inhibit the involvement of institutional investors in the clean energy sector. ·      Disconnect between Stakeholders: A disconnect between investors, policy-makers, and projects hampers the efficient allocation of resources and impedes progress in closing the investment gap. And there can be a further surge in the clean energy investment gap which can be attributed to several factors: ·      Rapid Growth in Demand: Increasing awareness of climate change and the urgent need for sustainable energy solutions have amplified the demand for clean energy investments. ·      Economic Uncertainty: Geopolitical tensions, high interest rates, and inflation have influenced investment decisions, contributing to the widening gap between investment needs and actual funding. ·      Technological Challenges: The realization of technological challenges and uncertainties in certain sectors may have led to a re-evaluation of investment priorities, exacerbating the gap. So, addressing the clean energy investment gap requires collaborative efforts from stakeholders across sectors and geographies. By overcoming barriers, fostering innovation, and enhancing policy support, we can accelerate the transition to a sustainable energy future and achieve our climate goals. Last but not least, I read a sentence in a publication of the IPCC, that sunk in “It is too late for carbon neutrality, we need to go carbon negative.” Let's continue the dialogue and work together towards bridging the clean energy investment gap for a brighter and greener future. 🌿💡

As the UK pursues its ambitious net-zero by 2050 targets, the country’s overall strategy and investments continue to fall short of what is required to meet its energy obligations. In Carbon-Free Europe’s (CFE) newest memo, we explore the gap between the UK’s current climate strategy and what is necessary to achieve carbon neutrality. The memo identifies where the UK government is under or overestimating necessary changes in its energy transition as well as opportunities for the country to lead Europe in emerging clean energy technologies including offshore wind, new nuclear, and clean hydrogen. Learn more: https://lnkd.in/etFnHDUa

In 2023, the UK energy and infrastructure sectors saw a series of significant market and regulatory developments, including publication of the Powering Up Britain package and the passing of the long-awaited Energy Act 2023.   With macro-economic challenges expected to continue into 2024 and a general election looming, securing the investment needed to reshape the UK economy for a decarbonised, digitised future whilst safeguarding household budgets will be priorities for government.   Click below for our assessment of what’s to come for the UK energy and infrastructure sectors in the year ahead.   #offshorewind #hydrogen #ccus #energyinfrastructure #ukenergy

NEW SPEAKER ANNOUNCEMENT - Together with our title partner, Nova Scotia Power, we are delighted to introduce Sharonne Katz, Senior Director of Energy Systems Sector at Natural Resources Canada | Ressources naturelles Canada, as a speaker for #SmartEnergyHalifax2024. Join Sharonne for Session 1 on Aligning Canada's Electrification. Discover if key stakeholders are aligned, and explore the next steps. Federal and provincial collaboration is crucial for achieving net-zero at the lowest cost. Register now and take advantage of the early bird price: https://lnkd.in/gW_cNRtP #cleantech #netzero #innovation #renewableenergy #electrification #electricvehicle #hydrogen #nuclear #smartcommunities Dalhousie University, Government of Nova Scotia, Nova Scotia Community College - NSCC, Alberta Energy Efficiency Alliance, SSRIA, PTRC, University of Regina, Government of Prince Edward Island, Government of New Brunswick / Gouvernement du Nouveau-Brunswick, Government of Newfoundland and Labrador, QUEST Canada, Trade & Invest British Columbia, The University of British Columbia, McGill University, MaRS Discovery District, Evergreen Canada, Emissions Reduction Alberta (ERA), Pathways Alliance, Canadian Nuclear Laboratories, CSEE - Canadian Society for Evolving Energy, Halifax Regional Municipality, Halifax Partnership, Halifax Climate Investment, Innovation and Impact (HCi3) Fund, Net Zero Atlantic, Écotech Québec, econext, Solar Nova Scotia, Decentralised Energy Canada (DEC), Canadian Renewable Energy Association (CanREA), Emera, Dunsky Energy + Climate Advisors, Efficiency Canada, EfficiencyOne, Clean Foundation, Atlantica Centre for Energy, Springboard Atlantic Inc., Siemens Energy

Australians want clean energy change now. Thankfully, because action on climate change is urgent, a significant majority of people remain firm in their support for wind, solar, batteries and pumped hydro energy now rather than later.    Research published yesterday in The Sydney Morning Herald and The Age supports ZEN’s recent "This is Transition" findings that Australians understand and want rapid action on the shift to #RenewableEnergy.   Our in-depth research reveals a deeper truth: people not only support the transition, but they also yearn for an active role in clean energy projects. If these projects are co-designed with the community, a social licence can be earned, underscoring the power of community partnership. Change can be challenging, yet if the good of the nation and the world we want to pass on to future generations is front of mind, this urgent and essential transition will also be done well.   We find it is possible to deliver for the planet, nature and people.   https://lnkd.in/g9maVECc #ThisIsTransition #NetZero #RenewableSources #PositiveChange

In 2023, the UK energy and infrastructure sectors saw a series of significant market and regulatory developments, including publication of the Powering Up Britain package and the passing of the long-awaited Energy Act 2023. With macro-economic challenges expected to continue into 2024 and a general election looming, securing the investment needed to reshape the UK economy for a decarbonised, digitised future whilst safeguarding household budgets will be priorities for government. Click below for our assessment of what’s to come for the UK energy and infrastructure sectors in the year ahead. #offshorewind #hydrogen #ccus #energyinfrastructure #ukenergy https://lnkd.in/efpuysvY