RMI’s Post

Today is the International Day of Clean Energy and our message for the #greenhydrogen sector is that we need to pick up the pace! Four essentials we require: more #finance, faster #permitting, more customers and truly clean hydrogen #standards. Jonas Moberg Read further in our weekly wrap here: https://lnkd.in/e2fDPwk3 Global Renewables Alliance Bruce Douglas Erik Solheim Joe Williams Inês Schjølberg Marques Sam Bartlett Joyce Kabui Simran SINHA Bénédicte De Caro Nishaanth Balashanmugam #internationalcleanenergyday

Experts agree: Carbon Capture and Storage (#CCS) is an important solution for decarbonisation and lower emissions. This month Bernadette Cullinane, Deloitte Australia’s Energy, Resources & Industrials lead, chaired a panel at the AOG Energy conference in Perth, discussing the vital role of CCS in Australia and globally. From regulatory landscapes to investment needs, the discussion covered the path toward emissions targets, the pace of adoption, and the promising future of CCS. Thank you to our expert panellists for their invaluable contributions and insights - David Fallon, Richard Hinkley, Dr. Belladonna Maulianda, PhD, P.Eng, Graham Gillies and Dr Geoffrey O'Brien. #Energy #OilAndGas #NetZero #LNG

As the world transitions towards a more sustainable future, the growth of distributed energy sources like solar and wind power is becoming increasingly important. While this is great news for the environment, it also poses a unique challenge to utilities businesses and policymakers alike: how do we price energy in a world where the cost of production is approaching zero? Be sure to get a front row seat as our panel of industry professionals discuss the evolution of the NEMs pricing model to create a more equitable pricing structure. Use the code SUMMIT50 to book your summit ticket and save 50%! Offer ends 31 December. 🎤 View the full program: https://buff.ly/46vDBQw 🎫 Book your earlybird ticket and save 50%: https://buff.ly/3QZPQiv David Prins, Etrog Consulting Pty Ltd Gavin Dufty, St Vincent de Paul Society National Council of Australia Brendan French, Energy Consumers Australia Laura Jones, The Australian National University Dor Son Tan, Energy Networks Australia #PowerandUtilitiesAustralia #PUA2024 #energy #power #utilities #renewableenergy #netzero #energytransition #energynetworks #NEM #energyequity

RMI’s latest report on the cleantech revolution highlights the incredible pace of change in renewable energy, electrification, and efficiency – and why now is the pivotal moment to act. Here are the key takeaways: • Exponential Growth: By 2030, we’ll see annual installations of 1,000 GW of solar and 6,000 GWh of batteries, with electrification and efficiency gains doubling. • Inevitable Decline of Fossil Fuels: Renewables will dominate, pushing out fossil fuels and leading to significant stranded assets. • Global Impact: The goals of the Paris Agreement are achievable, with the Global South continuing to leapfrog to cleantech solutions. • China’s Leadership: China is leading the way in cleantech deployment, driving exponential growth globally. At PROTOSTAR, we’re committed to catalyzing this shift toward a sustainable, equitable, and cleaner energy future. As the report emphasizes, the direction of change is inevitable, but the speed is up to us. What We Need to Do Now: • Accelerate renewable capacity build-out. • Enhance electrification and efficiency. • Focus on innovative, modular technologies. We’d love to hear your thoughts on the key takeaways from the RMI report. How do you see the cleantech revolution shaping the future of energy? Share your insights, questions, or experiences in the comments below. #EnergyTransition #Sustainability #CleanEnergy #FutureOfEnergy

In a similar theme to the CAPEX webinar I shared recently, my colleague Stephen Horrax has written an excellent summary of challenges with green hydrogen CAPEX and the areas that need focus, including a call for the HAR process to recognise that hydrogen projects may not follow the same CAPEX trajectory of solar and wind due to a range of external factors. Give it a read!

Renewables with storage can supply 65-70% of world energy requirements, including but not limited; electricity, for industrial & residential, electric cooking and heating, charging of Electric Vehicles. It may also be noted that renewables are coming in a great way not by choice but by economical reasoning also as they are and will get many times cheaper than fossil fuels, hydro or nuclear electricity generation.

In 2023, the #RenewableEnergy sector demonstrated remarkable resilience. Despite challenges like rising interest rates and supply chain issues, we saw a significant reduction in clean tech costs, impressive growth in renewables, and a strengthening of supportive policies. This year stands as a testament to the unstoppable momentum of clean energy. Read the full analysis by Sam Butler-Sloss, Kingsmill Bond, Daan Walter, and Laurens Speelman here: https://bit.ly/3GQZMWH

'Green transition' requirements on a global scale: What is needed to succeed? Read the latest blog by our Managing Director Elena Gallo. #progresstoexcellence #EG_EnergyTalk #greentransition #blueeconomy #cleanenergy #energyfuture #offshorewindenergy #greenhydrogen #waveenergy #solarenergy #targetnetzero #netzero #energytransition #carbonzero #innovación

🌍 The New Energy Outlook 2024 from BloombergNEF provides long-term energy and climate scenarios for transitioning to a low-carbon economy. Covering electricity, industry, buildings, and transport, it offers global and country-level insights until 2050. Key Highlights: ⚡ 𝗧𝗼 𝗮𝗰𝗵𝗶𝗲𝘃𝗲 𝗻𝗲𝘁-𝘇𝗲𝗿𝗼 𝗲𝗺𝗶𝘀𝘀𝗶𝗼𝗻𝘀 𝗯𝘆 𝟮𝟬𝟱𝟬, 𝗶𝗺𝗺𝗲𝗱𝗶𝗮𝘁𝗲 𝗮𝗰𝘁𝗶𝗼𝗻 𝗶𝘀 𝗲𝘀𝘀𝗲𝗻𝘁𝗶𝗮𝗹. Despite progress, emissions remain high. Accelerated deployment of renewables and green fuels is critical. ⚡ Cleaner power generation is crucial for reducing emissions by 2030. Renewables could account for over 50% of electricity generation by decade. ⚡ 𝗙𝗼𝗿 𝗲𝘃𝗲𝗿𝘆 𝗱𝗼𝗹𝗹𝗮𝗿 𝘀𝗽𝗲𝗻𝘁 𝗼𝗻 𝗳𝗼𝘀𝘀𝗶𝗹 𝗳𝘂𝗲𝗹𝘀, $𝟯 𝘀𝗵𝗼𝘂𝗹𝗱 𝗴𝗼 𝘁𝗼 𝗹𝗼𝘄-𝗰𝗮𝗿𝗯𝗼𝗻 𝗲𝗻𝗲𝗿𝗴𝘆. Achieving a fully decarbonized system by 2050 may cost $215 trillion, 19% more than an economic-driven transition. Read the study here: https://lnkd.in/demWgnR2 #EnergyTransition #NetZero #RenewableEnergy #ClimateAction #BNEF #Sustainability #CleanEnergy #Investment #Decarbonization

Our report “Getting to Net Zero: The potential for heat networks in our communities” brings together insights from the investment and development communities at the forefront of this game-changing technology and is a must read.