World Energy Council India’s Post

During a discussion titled 'Making Net-Zero Possible with Cost-Effective CCUS’ at the Japan Energy Summit & Exhibition, Srimonto Ghosh's statement reflects an optimistic outlook on the progress towards achieving net-zero emissions, emphasising the importance of maintaining momentum across three critical areas: technology, policy, and market intent. Ghosh's perspective suggests that while there are encouraging signs, sustained effort and coordination among stakeholders are essential to overcome the challenges and realise the full potential of CCUS in mitigating climate change. Save the date 18-20 June 2025 to join the global energy industry at the next edition of the Japan Energy Summit & Exhibition in Tokyo. Download 2025 Event Brochure for more information: https://lnkd.in/gqnwYgzq Brought to you by dmg events: Energy Portfolio - organisers of ADIPEC Exhibition and Conference, Gastech 2024, Global Energy Show Canada, and Future Energy Asia Exhibition & Summit. #JapanEnergySummit #Energy #Decarbonisation

From 9 TWh to 45 TWh: Urgent policy intervention is needed for #UndergroundHydrogenStorage (UHS) to Achieve EU climate goals! Read the full article on Euractiv 👉 https://lnkd.in/gz2G2uSB   A recent study by Artelys and Frontier Economics, published in April 2024, revealed that achieving the 2030 ambitions set by REPowerEU cost-effectively will require a significant increase in UHS capacity, reaching 45 TWh.   Key Insights: 🔹 Holistic EU System Planning: An integrated approach is crucial to unlock the full potential of the synergies between molecules and electrons, enabling a cohesive energy strategy. 🔹 Capacity Needs: Europe's underground hydrogen storage capacity needs to reach 45 TWh by 2030 to meet REPowerEU targets, a substantial increase from the 9 TWh currently planned. 🔹 Economic Benefits: Investing in and delivering this additional UHS capacity would yield a significant net economic benefit of €2.5 billion per year, totaling over €30 billion across 20 years. 🔹 Policy Support: Policymakers must create favorable conditions for the market to deliver necessary investments and provide EU support to overcome initial barriers in the nascent hydrogen market.   #Flexibility and #Efficiency in the #EnergySystem: 🔺 UHS plays a pivotal role in providing flexibility in an energy system increasingly powered by variable renewable electricity. 🔺 The hydrogen sector, particularly UHS, offers a complementary strategy to electrification and helping industrial stakeholders achieve decarbonization and energy autonomy.   Strategic Recommendations: ✅ Develop a dedicated EU hydrogen storage strategy immediately, avoiding silo-thinking and promoting interconnected systems. ✅ Build on synergies across sectors, including molecules and electrons, to ensure a competitive, resilient, and climate-neutral economy in Europe. ✅ De-risk vital investment for expanding the UHS industry at the EU level.   Join the Conversation: We invite you to join us at the GIE Annual Conference on 17-18 October in Munich, Germany, to further discuss this key policy topic with over 300 energy experts. 🔰https://lnkd.in/ebJm8VMf   Charlotte Roule 夏澜 Doug Waters Christopher Andrey Catherine Galano (L’Hostis) #RenewableEnergy #HydrogenStorage #EnergyTransition #EU2030 #SustainableFuture #GIEAC24

MWE - Mozambique Women of Energy targeting #SDG5 and #SDG7 was part of the Global Energy Transition Congress and Exhibition steering committee meeting last week to discuss with all the other members what a meaningful and impactful #EnergyTransition narrative is. This is the moment and place to discuss, among others, important topics such as just energy transition, mainly for our African countries, industrialization and job creation, impact on communities, equity, equality and inclusion. Please look at the Global Energy Transition Congress and Exhibition website and the latest programme in the link below. #energytransition #energizedequality #getcongress #getreal

It is crucial that #GreenHydrogen plays an important role in the EU's #EnergyTransition policy. Green hydrogen is a viable solution for the #Decarbonisation of non-electrifiable sectors such as transport: heavy and long-distance transport, shipping and aviation. Moreover, its use in the coming decades will contribute to increasing the demand for electricity from #RenewableEnergy, boosting the energy transition. https://lnkd.in/ed-SBMuc

Your talk as Nuclear (meaning only Fission) and fails to talk about fusion. https://lnkd.in/ge_aeX7M You are, as the nuclear fission industry is, ignorant of what's happening around you. Pull your uranium heads out, start adjusting your industry to fusion energy and start preparing to enter the commercially growing fusion energy industry. As it dawns on Earth like the sun. Great Headline Guardian on Nuclear fission. https://lnkd.in/g8sMZtpR Fission is moving towards obsolescence at an accelerated pace, as it is "out of step, out of time, out of place," and merely a temporary industry globally. https://lnkd.in/gbd_mZqk Commercial fusion electrical generation is a promising and innovative method of producing sustainable and clean energy. By 2028, Helion is expected to start producing electricity from its first fusion commercial power plant, which will provide electricity to Microsoft. The plant will produce at least 50 MWe after an initial ramp-up period. https://lnkd.in/gY9J3MQY Now see what news is happening in the Fusion industry in the world. https://lnkd.in/g9hMBD7a As fission trebles, fission fuel shortage is increasingly real, as linked below. https://lnkd.in/gze5rwpr

📣 The closer the EU 2030 targets are, the more investments are needed. Specifically, in this decade, the Union will have to invest more than 1,200 billion a year in decarbonising the energy and transport sectors. An effort of almost 75% more than that of the decade 2011-2020. Kadri Simson, European Commissioner for Energy, reminded the House of this. What is it? The multi-level platform brings together energy and financial experts from all EU countries to evaluate and update funding schemes and thus mobilise new resources in the context of the REPowerEU plan and the European Green Deal. To the reunion anniversary, reached the second edition, Simson has brought all the experience of the Executive and explicit the direction in which the next efforts in a matter of clean transition will be concentrated. #SENnews #environmnent #globalwarming #greeneconomy #solar #eolic #energy #greenenergy #solarenergy #windenergy #sustainable #sustainabledevelopment

So thrilled by all the interesting ideas and ongoing projects shared at the first Global Energy Transition Congress and Exhibition. I feel so lucky I’ve had the chance to attend and to be meeting industry leaders, innovators and policymakers, getting to understand the main challenges we’ll have to face in the next years. #GETCongress #Decarbonisation #NetZero

The International Energy Agency (IEA) marked its 50th year with a two-day event in Paris. While perennial #energy topics like technology and security were on the agenda, so too were the #social aspects of energy transition. For the first time, #labour and #Indigenous voices had a seat at the table alongside government officials. 🤝 This new focus on social issues at #IEA50 can be seen as a critical step towards outlining a transition that people will support, says Philip Gass of the International Institute for Sustainable Development. Read our full summary 👉 https://lnkd.in/ems2VhDR #JustTransition #JustEnergyTransition #IEA

The REA hosted their ‘Financing the Clean Energy Transition' event yesterday as part of #LCAW2024. Panelist Kiran Arora comments: "A diverse crowd always generates the best ideas and it was no different at the REA's Event: 'Financing the Clean Energy Transition', which was attended by banks, funds, technical advisors, think tanks, SMEs, academics and, of course, lawyers. We covered a wide range of connected ideas in the two panels and the discussions either side of them. There were some great new insights as well as underscoring the importance of some classic fundamentals. Here are a few of the key takeaways that we noted: 💰 The energy transition (on any credible timetable) requires a significant increase in the rate of investment, in particular from the private sector 👩💻The public sector has a number of levers available to guide and stimulate investment including grants, guarantees, blended finance, planning and regulatory reform and 'soft' guidance on its industrial strategy 💹 Investors are willing to work hard and with creativity to shape and deliver an appropriate risk weighted return but are looking for stability and guidance from government 🖊A clear industrial strategy for the next 5-10 years is crucial to help guide the private sector to the areas of greatest public need 🏦 The skills gap is likely to remain an issue until there is confidence in the long-term strategy and people see training/retraining as an opportunity rather than a risk 📓 Any new government is likely to want to show strong fiscal discipline, which will make it particularly important for them to use funds for maximum catalytic effect 🎐 Different sub-sectors require different solutions, EV charging networks, nuclear, CCUS, solar PV, BESS, offshore wind, long duration storage etc. are all at different stages of maturity with very different technical and commercial challenges 📉 Consumer behaviour and demand is critical and has not received the attention that it needs to date 🔉 Improved communication is essential: Clean Energy is already cheaper than high carbon alternatives and investment in the energy transition will make the UK wealthier (not poorer). #EnergyTransition #SustainableFinance

https://lnkd.in/dGnAQ9kU Turbocharging the energy transition 13June 2024 By Lukas Trakimavičius In its ambition to become a green energy and technology hub, the EU has to reckon with China’s dominance over clean tech supply chains. For the EU to achieve its goals, it must embrace emerging innovative technologies.