Merlin Hyman OBE’s Post

👏 Well done Eurelectric ⚡️In addition to clean power generation and #electrification, the #grid is the backbone enabling the #flexibility we need for the #energytransition. 💡Grid operators, like Enedis, are already leading the way by modernizing infrastructure, integrating smart technologies, and enabling demand response and energy storage solutions. 🔌These efforts are creating a more agile and responsive system, crucial for managing the increased share of renewables and #electrification. 🌱By continuing to invest in grid infrastructure, we unlock even greater flexibility, ensuring that clean electricity can flow where and when it's needed most. With the right support, grids will be the key enabler of a fully decarbonized and electrified future! #Eurelectric #PowerBarometer2024 Jean-Francois VAQUIERI Buchel Christian Hervé Champenois Yves Barlier Timothée Furois Hubert Dupin EU DSO Entity E.DSO Union Française de l'Electricité (UFE) Alice FRANZ ETIENNE Florine Cardin Hortense Cuchet Stevan Palluel

🌱✨ A groundbreaking stride in renewable energy! ✨🌱 The Federal Energy Regulatory Commission's 2-1 vote breathes new life into our aging grid, unlocking the potential of renewable energy across the US. With eyes set on a carbon-neutral future by 2050, the new rule not only fosters innovation but also promises reliability and affordability. 🌍 The paradigm shift is here! Despite political divides, this move aligns with soaring demand for cleaner energy. It's a momentous leap towards combating climate-related disruptions, fueling AI revolutions, and shifting from traditional coal fire power plants. The future beams brighter, with the planning and cost-sharing of new transmission lines set to unblock the queued-up clean energy. This isn't just a win for our planet; it redefines our resilience and ensures our energy needs are met economically. Imagine a world where extreme weather doesn't leave us in the dark - that's the promise of this initiative. Yet, it boils down to execution. 💡 How will these plans unfold in your locality, and what role will you play in this energy renaissance? 🌐 #CleanEnergyFuture #Innovation #Sustainability

How can the electricity grid be flexible enough for the net zero future? This was the topic at yesterday's Environmental Audit Committee in Westminister, featuring feedback from representatives from RWE, Octopus Energy and the Heat Pump Association. ➡ Enabling the sustainable electrification of the UK economy was the central theme, and many themes were included in the discussion (full transcript here: https://lnkd.in/eTV_VUud) ➡Central to the discussion is still the issue of grid connections - evidence was presented that despite all the hard work in 2023 to improve, accelerated grid connections are not being seen in the industry ➡ It is hoped that all the foundational work of 2023 is translated into clear action in 2024 and we start to see real projects getting much shorter grid connection offers ➡Another key point that was raised was the resource challenge with local authorities due to the shortage of planning and consenting experts to ensure renewable projects are being progressed These issues are being felt across the industry and Mercia Power looks forward to being able to support in finding the right solutions for these challenges in 2024.

If a fossil fuel power plant uses carbon capture and storage (CCS), what percent of the energy it makes goes to the CCS equipment? Carbon capture technology offers the promise of fossil fuel energy without the climate-polluting carbon dioxide. But one of our readers wanted to know, how much energy does it take to do this—between pumping gases to different parts of the plant, separating and cooling down the CO2, and recycling the chemicals involved? So we talked to Dr. Howard Herzog, an expert in carbon capture at the MIT Energy Initiative, to answer this question for Ask MIT Climate! The answer? Typically 15 to 25% of the energy the power plant produces, depending mainly on the type of fuel being burned. And while that still leaves a majority of the energy for sale and use, it does substantially raise the price the power plant has to charge for that energy. It's this, not any problem with making the equipment work, that remains the major obstacle to carbon capture's adoption in the power sector, in a highly cost-sensitive energy market where even coal power *without* CCS increasingly struggles to compete. Read more at Ask MIT Climate: https://lnkd.in/eYQWibrC #carboncapture #carboncaptureandstorage #cleanenergy #energy #climatechange

Read this interesting Eurelectric report. CO2 emissions from European Union power sector drop by 50% in the last 15 years ! In 2023, two-thirds of the EU’s electricity came from clean energysources We are on the path. But we face with big challenges to go further. Grids will be key issues for the next step, with reinforcement, smart grids and flexibilities. Remy Garaude Verdier Hubert Dupin E.DSO #smartgrids #renewables #cleanenergy

Insightful presentation and discussion yesterday afternoon at the unveiling of the Eurelectric's 2024 Power Barometer! ✔ The European power sector strikes a great achievement in terms of CO2 emission reduction (-50% compared to 2008), with 74% of the #electricity in the first half of 2024 being produced by non-emitting sources. ❌ Less good news is the stagnating #electrification rate of the European industry, transport and building stock. ⚡ Electrification is the fastest and most efficient way to abate almost 2/3 of the block's emissions. Although the long-term benefits are widely recognised, social and macroeconomic factors pose a massive challenge. 👇 Check out the full report as well as the Eurelectric recommendations to the new European leadership to continue on this virtuous path. #PowerBarometer2024 #decarbonisation #energy #greendeal

Fresh off the press, the 2024 edition of the Eurelectric Power Barometer gets you the key energy trends on the road to climate neutrality:   What are the main takes?   ⚡ Electricity is cleaner than ever before: in 2023, the EU power sector cut emissions by 50% compared to 2008. This is 𝘁𝗵𝗲 𝗹𝗮𝗿𝗴𝗲𝘀𝘁 𝗿𝗲𝗱𝘂𝗰𝘁𝗶𝗼𝗻 𝗲𝘃𝗲𝗿 𝗮𝗰𝗵𝗶𝗲𝘃𝗲𝗱 and it puts us way ahead any other sector.   ⚡ In the first half of this year, 74% of all electricity generated was renewable (50%) low carbon (24%). And the trend has proven consistent through Q3.   At the same time, demand is dropping. From 2021-2023, we observed a decline of 7,5%. Combined with negative prices and lower capture rates, this makes for an increasingly shaky business case for additional capacity.   The solution? Electrify! Europe’s electrification rate has been stagnating at 23% for the past ten years when it should make half of EU final energy consumption by 2040. Stimulating demand for electricity the way forward. Not only for sustained clean energy investments. Also for competitiveness in a world with ever-increasing carbon constraints.   That's why we're asking policymakers to steam ahead the implementation of the #GreenDeal, and at the same time put electrification at the heart of the Clean Industrial Deal.   I want to thank Ditte J., Niels Fuglsang, Sam Peacock and Stefan Håkansson for the great discussion we had today - and Sasha Twining for her usual top-notch moderation!   European Commission | European Parliament | SSE plc | GFG Alliance | #energy #energytransition #electricity #electrification #decarbonisation

Watch: CFC’s #EarthDay Webinar on how energy transition can pave the way for a cleaner Earth

What is the cost of net-zero? I was listening to the webinar "UK Industrial Decarbonisation Challenge and The Role of Hydrogen in Achieving Net Zero" this morning, which was organised by the Institution of Chemical Engineers Clean Energy Special Interest Group. Two presentations were given, one on the progress of the Industrial Decarbonisation Clusters, and the other on the generation and deployment of hydrogen that will help contribute to net-zero. As excellent as this webinar was, there was still one question that was raised and was not really answered in a robust way. The question was on cost and why are we doing this. I will put to one side the question on why we are doing this (as the audience was on mute so perhaps the the question was misrepresented - surely no one can still question the need to get to net-zero?). However, I did want to investigate the question of cost a bit more as ever since the Stern Review (albeit with still some controversy over the methodology) I really thought that the question of cost was taken as given that the faster we do this the better, even if the political will and various lobbies would argue otherwise. Although I have read many papers on this area and listened to conversations, I did want to have a look at some of the most recent research, and this is when I found the work from The Institute for New Economic Thinking at the Oxford Martin School, and the research briefing "A fast clean energy transition would save trillions", which was issued on 11 October 2023. In fact, they estimate $12 trillion globally. And this is just on the cost of energy and infrastructure, and ignoring the impact of reduced costs for mitigation. They also have a group on the Economics of Sustainability, so I will be following this up, as I think it is important to be qualitative in our discussions, which enables prioritisation when looking to invest and to develop new products and processes. I am sure this will not stop people from saying "But it costs too much to reduce carbon or be sustainable", but when they do, let us all be prepared to engage with them and convince them that not only does it cost less, but it is the only way to go, and the faster the better. #net-zero #sustainability #decarbonisation

#InTheNews - Op-ed ✍️ "A number of specific initiatives and measures have been announced for “meeting our commitment for #netzero by 2070”. These reflect the seriousness of purpose in achieving the goal of net zero with action now, rather than down the road as 2070 is far off", writes Mr Ajay Shankar, Distinguished Fellow, TERI - The Energy and Resources Institute, in his op-ed for ET EnergyWorld. 📰 Read here 👉 https://lnkd.in/gVCDr7zM #EnergyTransition #UnionBudget #RenewableEnergy #Decarbonisation #EnergySecurity