Sustainability Directory’s Post

🌐The annual monitoring by the International Renewable Energy Agency (IRENA) reveals that global progress towards the goal of achieving 11 terawatts (TW) of #RenewableEnergy capacity by 2030 is lagging behind. To limit global warming to 1.5°C, we need to add approximately 1,100 GW of capacity annually for the remainder of the decade. 📶The adoption of cutting-edge #IoT-based technologies to modernize energy industry infrastructure is crucial to achieving #CarbonNeutrality goals by 2050. These innovations not only improve process efficiency but also reduce costs significantly as well as the associated construction and operation times of #SolarPowerPlants. 🔎Have a look at the article! https://brnw.ch/21wJ4MB

A recent IEA report highlights that countries must strengthen their plans to triple global renewable power capacity by 2030 - a goal set at COP28 to limit global warming. As countries prioritize solar and wind in the renewable energy ramp-up, a key challenge will be integrating these intermittent sources into power grids. Produced from renewable electricity, hydrogen and captured CO2, renewable methanol is a liquid fuel that can utilize surplus renewable power. It is a transportable energy carrier compatible with existing infrastructure, making it an effective solution to balance renewable power supply and demand fluctuations. The opportunity for utilizing renewable resources is clear and now governments and the private sector must work together to turn promises into concrete plans and actions to expand renewable power capacity by 2030 and beyond.  Link: https://lnkd.in/gzFaeA_Y #iea #greenenergy #ccus #netzero #carboncapture #cleantech #sustainability #eMethanol #methanol

In its latest 2050 Energy Outlook, TotalEnergies explores a pressing challenge: scaling access to energy for over 4.5 billion people worldwide while accelerating the energy transition. By 2050, emerging economies will need four times more energy than today to support development and quality of life. Under the report’s “Rupture” scenario – a normative scenario aimed at minimising global temperature increase to less than +2°C – an 80% increase in renewable energy by 2030 will keep global warming below +1.8°C by 2100. At Energy Group, we are committed to driving this transition and supporting sustainable growth in emerging markets through clean energy solutions. Explore the full report to see the pathways shaping our future: https://lnkd.in/du9D6zjZ To find out more, click on the link below. #EnergyTransition #CleanEnergy #SustainableDevelopment

Renewable power reaches record 30% of global electricity! Following on from my post a couple of weeks ago about how the UK ran at 97.6% renewable energy for an hour last month, a new global record has been set as renewable sources accounted for 30% of the world's electricity last year. Caused by more growth in solar and wind in countries such as China and Brazil, experts have hailed a critical turning point and hopes have been raised that the peaking of global greenhouse gas emissions is on the horizon. Solar and wind power have defied expectations and grown faster than expected, from just 0.2% of global power generation in 2000 to 13.4% in 2023. The cost of solar power halved last year despite a surge in demand thanks to a huge increase in manufacturing capacity but there are concerns that future progress maybe hindered because many countries cannot access the cash needed to fund the switch to renewable sources. At the COP28 climate summit last year leaders pledged to triple renewable power capacity by 2030. As fossil fuels contribute the largest share of global emissions, the peaking of fossil fuel power production could lead to a reduction of global emissions. However scientists have repeatedly warned that emissions are not falling fast enough to limit global warming to agreed safer levels. The world is taking the right steps but we need to do more #Sustainability #RenewableEnergy #ClimateCrisis #GlobalWarming #PeoplePlanetProfit https://lnkd.in/ewPPw792

Transitioning to heat electrification technologies is crucial for reducing the industrial sector's reliance on fossil fuels, which account for over 20% of global energy consumption. Electrification can significantly decrease carbon emissions, aiding in the fight against climate change and global warming. To achieve this, substantial investment in renewable energy sources, such as wind and solar power, is needed. Additionally, policies promoting clean energy adoption, technological innovations, and industry-wide collaboration are essential. Training and upskilling the workforce for this transition are equally important. By embracing heat electrification, industries can move towards net-zero emissions and contribute to a sustainable future. Hashtags: #HeatElectrification #Decarbonization #CleanEnergy #NetZero #SustainableIndustry #ClimateAction #RenewableEnergy #GreenTechnology #CarbonReduction #GlobalWarming

Countries' renewable energy plans fall short of target, says IRENA Summary: The International Renewable Energy Agency (IRENA) has released a report highlighting that current government plans and targets for renewable energy deployment are set to achieve only half of the growth needed to meet the U.N.'s climate goal of tripling renewable energy capacity by 2030. This goal, along with a target to double energy efficiency, is vital to limiting global warming to 1.5°C this century. To meet the renewable energy target set during COP28, global installed capacity would need to rise from 3.9 terawatts (TW) today to 11.2 TW by 2030, requiring an additional 7.3 TW in under seven years. However, based on current trajectories, the world is likely to fall short by 3.8 TW, or 34%, by the end of the decade. The report also emphasizes the need for a massive increase in investment, with annual spending on renewable capacity needing to triple from $570 billion in 2023 to $1.5 trillion per year by 2030. Furthermore, the annual rate of energy intensity improvement needs to double, from 2% in 2022 to 4% annually through 2030. IRENA's director general, Francesco La Camera, warns that without stronger commitments, the world is at risk of missing the COP28 goals, urging nations to update their climate commitments (NDCs) by February 2025 and use COP29 in Azerbaijan as a pivotal moment to accelerate efforts. #RenewableEnergy #COP28 #ClimateAction #EnergyTransition #Sustainability #NetZero #GlobalWarming #CleanEnergy #ClimateGoals #EnergyEfficiency #IRENA #UNGoals

ICYMI: According to DNV, global energy-related CO2 emissions are peaking this year due to the decreasing costs of renewables. However, increased efforts are necessary to meet the climate targets set by the Paris Agreement. L’article Peak in CO2 Emissions: A Crucial Turning Point for the Global Energy Transition est apparu en premier sur energynews.

Learn about "The role of renewable energy in combating climate change" authored by Ashok Kumar Nayak, Programme Manager, ActionAid Association. Click here to read: https://shorturl.at/YCNr4 #Electricityconsumption #Fossilfuels #Greenhousegases #Joblosses

Learn about "The role of renewable energy in combating climate change" authored by Ashok Kumar Nayak, Programme Manager, ActionAid Association. Click here to read: https://shorturl.at/YCNr4 #Electricityconsumption #Fossilfuels #Greenhousegases #Joblosses

Can AI, Carbon Capture, and Renewables join forces to power a low-carbon future? Ibrahim Ismail Elnafat provides an interesting perspective on the issue. He writes... Climate Change is a pressing global issue, driven by increasing greenhouse gas emissions, particularly carbon dioxide (CO2), resulting from human activities. This demands urgent action without fundamentally altering how we generate and utilize energy, and safeguarding the environment. The world population is predicted to reach about 9.9 billion by 2050, (IISD, 2020), with over 80% increase in energy demand (IEA, 2020). Countries worldwide are increasingly adopting alternate energy sources, transitioning to Renewable Energy such as solar, wind, hydroelectric, and geothermal power, by storing or repurposing captured carbon, to reduce reliance on fossil fuels. (Hassan et al., 2024). Please read the rest of this article at https://lnkd.in/efTKZqs7 cc: Climate Change Writers #ClimateAction  #RenewableEnergy  #SustainableFuture  #CarbonCapture  #AIforGood  #climatechangewriters