Green Horse Advisory’s Post

📈 Renewable Energy Growth in Germany and Opportunities for the Middle East Germany’s renewable energy sector is booming, with a remarkable addition of 9.3 GW of renewable capacity in the first half of 2024 alone. As Germany continues to lead in sustainable energy transitions, there are significant opportunities for the Middle East to collaborate and benefit. 🔗 Middle Eastern countries can leverage this experience to accelerate their own renewable energy projects. With vast solar and wind resources, the region is poised to become a global leader in green energy. Collaborative ventures in technology transfer, investment, and policy frameworks can drive mutual growth and innovation. Let’s harness the power of renewable energy together for a sustainable future! 🌍💡 #RenewableEnergy #Germany #MiddleEast #Sustainability #EnergyTransition #GreenGrowth

🌞💨 Milestone in Germany’s Energy Transition 🌍⚡️ From January to September 2024, wind and solar have, for the first time, surpassed fossil fuel power generation in Germany, claiming a record 45% share of the electricity mix! 🇩🇪 Germany continues to set the pace for renewable energy growth in Europe. 📈 Highlights: - 45% – record share wind and solar over the first nine months of 2024, overtaking fossil fuels for the first time. - 11 GW – New solar capacity additions in just the first nine months have exceeded expectations, with growth outpacing national targets. - 26% – Germany contributed 26% of the EU’s wind generation growth this year. Germany’s continued investments and policy support for renewable energy demonstrate a clear path toward sustainable energy security!✨ This is the path that will ensure low-cost electricity for businesses and citizens in the EU, which now needs to have even higher attention compared to before. Ember #RenewableEnergy #EnergyTransition #Germany #WindPower #SolarPower #Sustainability #CleanEnergy #GreenGrowth #EuropeanLeadership

🌍💡 Power Purchase Agreements (PPA) Did you know that Power Purchase Agreements (PPA) play a key role in developing renewable energy projects? 🔋⚡ These long-term contracts between energy producers (like solar or wind power plants) and buyers (such as governments or companies) are essential for securing sustainable revenue for investors. 🏢🌞 👀 Why are PPAs important? 🌱 Support for renewable energy: Boosting investment in clean energy. 🔒 Revenue guarantee: Long-term contracts provide financial stability. 💰 Fixed pricing: Energy prices are locked in for the long term, reducing risks. 📅 Contract duration: Ranges from 10 to 25 years. 💸 Energy price: A fixed price for the produced energy. 🔋 Energy quantity: The agreed amount of energy to be purchased. In today's world, PPAs are a critical tool for advancing clean energy and securing the funding needed for new and sustainable projects. 🌍⚡ #RenewableEnergy #PPA #Sustainability #SolarEnergy #WindEnergy #Investment #EnergyFuture

Is the permitting process of renewable projects in your country too slow? ⌛   The revised #RenewableEnergyDirective aims to change this, with the introduction of Renewable Acceleration Areas (#RAAs). 🔎 Renewable Acceleration Areas are designated zones within the EU where renewable energy projects, such as wind and solar farms, can be fast-tracked due to simplified permitting and approval processes. These areas will have high potential for renewable energy production and low environmental impacts, helping the EU meet its climate and energy targets more efficiently. However, identifying these areas is not always straightforward…. The European Commission's DG ENER recently published a new study on the designation of RAAs for onshore and #offshore #wind and #solar photovoltaic energy, carried out by Trinomics. The study builds on DG ENER's Guidance on Designating Renewables Acceleration Areas', published in May. ⚡🔄 The study helps Member States in understanding how to comply with #Article 15c of the revised Renewable Energy Directive by: ▪ Outlining the key steps of the RAA identification process, ▪ Identifying and understanding the environmental impacts that onshore and offshore wind and solar photovoltaic plants can have, ▪ Identifying the appropriate mitigation measures to be proposed in the RAA area plan. You can find the study here ➡ https://lnkd.in/eGgqijKS 💡Interested to know more? Reach out to our experts: Andrea Demurtas, Petra Remeta, Francesca Libera Falco, Anna Kralli, Ling Ying Lee and Maja Lardot

I’m thrilled to see the release of Global Wind Energy Council (GWEC)’s Position Paper on Ensuring The Social License for Wind Projects in Latin America last week during OLADE - Organización Latinoamericana de Energía's IX Energy Week of Latin America and the Caribbean in #Paraguay. Collaborating with Marcela Ruas, Ramón Fiestas Hummler, Emerson Clarke and Rebecca Williams on this project was an absolute pleasure. I couldn’t be prouder of the work we’ve done to develop the policy recommendations that enable gaining and maintaining the community acceptance and support for wind energy projects in the region. Latin America is at a critical juncture in its renewable energy journey, with vast potential to harness its abundant wind resources to drive economic growth, reduce carbon emissions, and achieve Sustainable Development Goals (SDGs). As a result, the community engagement is essential—not only to meet global net-zero goals but also to create stronger and more prosperous local communities through a just energy transition. A lot of great work has already been done in the region and with stronger policy frameworks, streamlined permitting and ensuring effective community engagement practices that enable equitable benefit sharing, we can ensure that wind energy projects not only accelerate renewable adoption but also deliver meaningful, long-term benefits to the communities involved. By aligning these projects with local priorities, we foster trust, drive job creation, support new infrastructure, and accelerate energy transition. Access the full report in English and Spanish: https://lnkd.in/dQ6mqjfH #WindEnergy #CommunityEngagement #EnergyTransition #LatinAmerica #Sustainability #RenewableEnergy

🚀 Exciting News in the Green Energy Sector! 🚀 BW ESS and ACL Energy have just announced a significant expansion of their joint project development pipeline for utility-scale battery energy storage systems (BESS) in Italy, now hitting an impressive 2.9GW! 🌍⚡ Starting from their partnership in February 2024 with three projects totalling 400MW, they're adding 11 more sites with a capacity of 2.5GW. This remarkable growth in their partnership highlights the increasing demand for reliable energy storage as Italy accelerates its renewable energy capacity. With all projects securing land and grid access, we're witnessing a huge step towards a sustainable energy future. The Northern projects will join the capacity market scheme, while Southern projects aim for the Mechanism for Procuring Electricity Storage Capacity. #italian #solar #greenenergy #bess #energystorage

"Some steps developing countries can take to prepare for changes in energy efficiency and renewable energy". 📌Develop a national energy policy framework: This framework should prioritize energy efficiency and renewable energy sources, outlining a clear roadmap for the transition. 📌Conduct resource assessments: Identify the potential for different renewable energy sources like solar, wind, and hydro in the country. 📌Build workforce capacity: Invest in training and education programs to create a skilled workforce to design, install, and maintain renewable energy technologies. 📌Attract investment: Create a stable and predictable regulatory environment that attracts investment in renewable energy projects. 📌Modernize the energy grid: The grid needs to be modernized to accommodate the integration of variable renewable energy sources. 📌Implement energy efficiency standards: Set standards for appliances, buildings, and industries to reduce energy consumption. 📌Raise public awareness: Public awareness campaigns can educate people about the benefits of energy efficiency and renewable energy. 📌Encourage public participation: Involve the public in the development of renewable energy projects to address concerns and build social acceptance. 📌Provide financial incentives: Financial incentives for households and businesses can encourage them to adopt energy-saving measures and renewable energy technologies. 📌Promote regional cooperation: Collaborate with neighboring countries to develop shared renewable energy resources and transmission infrastructure. #energyefficiency #financialincentives #regionalcooperation #publicparticipation #renewableenergy

⚡️Plan Energy welcomes the CRU's latest Electricity Connection Policy – Generation and System Services (ECP-GSS) Here's a quick overview from Grid Expert Orla Gilligan - full analysis to follow. 📅 The shift to bi-annual application windows for grid connections from September 2025 is a significant step forward in accelerating renewable energy projects in Ireland 🌍 This change will help achieve compliance with the EU Renewable Energy Directive target of faster connection offers for renewable projects. ✅A second real benefit is the ability for renewable energy projects with a complete planning application to enter the grid connection process prior to the formal planning decision By streamlining the permitting process and opening new opportunities for connection, this policy decision will help drive the growth of renewable energy and secure a more sustainable energy future 🌱. We’ll be sharing a fuller analysis on the potential upside for upcoming projects. #renewableenergy #gridconnection #decarbonisation #ECPGSS #PlanEnergy

Starting to learn about Contracts for differences? 🔎 We've got you covered! Learn the essential concepts with this article by Lena Kitzing: https://loom.ly/FJSUpZY Already experienced? Join our course, 'Regulation and Integration of Renewable Energy,' to gain in-depth knowledge about contracts for differences and much more. The course will answer to the following questions: ✅What are the most important elements of governance in the European Energy Union with a focus on renewable energy sources, including Clean Energy Package, Fit-for-55, RePowerEU ✅What are the most prominent renewable energy support mechanisms and best practice designs in a market-based environment? ✅What are electricity market design implications and alternatives in view of a massive implementation of renewable energy into the market and the grids? ✅What are the contracts-for-difference and what is their role in electricity market design? 📆 Mark your calendars for 22-24 Oct 2024 in Florence and seize the discount now: https://loom.ly/RtX2VdY #CfDs | #RenewableEnergy | #ElectricityMarket

A new site in Offaly is Driving Renewable Energy and Energy Independence! 🌟 This week, the Yellow River Wind Farm in Rhode, Co. Offaly began generating clean, renewable power for the national grid. 💨🌱 Key Facts -29 turbines are now in testing, capable of powering 67,000 homes annually once fully operational. -They will contribute to Ireland’s 2030 renewable energy targets, providing secure, homegrown clean power. -This project supported 150 construction jobs during its build phase, showcasing the economic benefits of renewable energy projects. Part of a 16.5-year RESS 3 contract, ensuring a long-term low-carbon energy supply for Irish homes and businesses. This milestone strengthens our energy independence and positions Offaly at the forefront of Ireland's transition to a greener future. 🌍💚 Find the full story at https://lnkd.in/eHtv9RKN #RenewableEnergy #OffalyProud #EnergyIndependence #GreenFuture #MakingItHappen