Global Scans · Affordable and Clean Energy · Weekly Summary

In September 2015, 193 world leaders agreed to 17 Global Goals for Sustainable Development. If these Goals are completed, it would mean an end to extreme poverty, inequality and climate change by 2030.
Goal 7: Ensure access to affordable, reliable, sustainable and modern energy for all.

• [New] Reducing Calgary's greenhouse gas emissions by investing in clean energy, building more efficient homes and buildings, and shifting to low emission modes of transportation is not just a responsibility - it's an opportunity. https://www.calgary.ca
• [New] Poland could eventually consider developing commercial HTGR reactors that would provide heat for the chemical industry and energy for the electric grid in Poland. International Trade Administration | Trade.gov
• [New] The World Bank Group will work to connect 250 million people to electricity through distributed renewable energy systems or the distribution grid while the African Development Bank Group will support an additional 50 million people. World Bank
• [New] In order to create a sustainable energy mix, MUFG will provide strong support not only for renewable energy but also for the implementation of innovative technologies such as hydrogen / next-generation energy and carbon recycling. The Asian Banker
• [New] Public procurement of new generation capacity: As it currently stands new public procurements are expected on 2.6 GW of solar PV, 3.2 GW of wind power and 3.7 GWh of battery energy storage systems by 2030. GreenCape
• [New] National Grid's entire interconnector fleet is expected to prevent around 100 million tonnes of carbon emissions by 2030, with 90% of the energy imported from zero carbon energy sources. Prometheus Institute
• [New] The US-built vessel will not only contribute towards reliable, affordable and clean energy, but also benefit local communities in creating a significant local know-how and job opportunities, paving the way for future growth in the US offshore wind industry. ONT
• [New] By actively pursuing Qatari investments, Romania aims to diversify its economic portfolio and seize emerging opportunities in sectors such as infrastructure, energy, and technology. Qatar's Talk
• [New] The UAE remains confident that its investments in clean energy will pave the way for a sustainable future for future generations. Dailynewsegypt
• [New] An intensification of geopolitical tensions could further disrupt shipping and energy production and push up inflation. The Star
• [New] There were investment opportunities in Romania in sectors including agriculture, tourism, energy, renewable energy, information technology, infrastructure, real estate and mining. Arabian Gulf Business Insight
• [New] Cheap and abundant natural gas gives North America a competitive energy advantage over other countries, which will only increase if / when natural gas becomes more widely used, especially if it becomes the fuel of choice for transportation. The Trading Desk Notes by Victor Adair
• [New] Foreign investment in renewable energy will help drive moderate industrial growth, such as the development of the Monsoon Wind Power Project which is expected to be completed in 2025. Asian Development Bank
• [New] External risks include increased trade tensions with the United States and European Union weakening the PRC's exports; escalated geopolitical tensions that may disrupt supply chains; renewed energy challenges triggered by geopolitical conflict; and fragmentation of the global economy. Asian Development Bank
• [New] Apr. 13-Solar panels could pop up on about 30 acres of vacant land in the Eldorado area within a year, an outcome of state leaders' push for renewable energy. Yahoo News
• [New] Participants have the opportunity to see the latest technologies in action in the field of renewable energy and waste management, marking an important step in Romania's ecological transformation. iDevice.ro - Stiri de Ultima Ora, Tehnologie, Romania,
• [New] Germany will deliver a United States-made Patriot air defence system and air defence missiles to Ukraine at a critical time as Kiev struggles to defend its energy system from Russian bombardment. Al Jazeera
• [New] Within a few decades, the advancement of quantum technology is expected to revolutionize several of society's most important areas and pave the way for completely new technological possibilities in communication and energy. ScienceDaily
• [New] CFC rules, more elaborate definitions of permanent establishment, and CbC reporting requirements all occupy the time and energy of talented people who might better serve the global economy in other roles. Tax Foundation
• Technology group Wartsila has begun testing its thermal balancing engines using pure hydrogen and expects to have an engine and power plant concept capable of running on 100% hydrogen by 2025, enabling the transition to decarbonised energy systems around the world. Robin Whitlock
• The energy transition is failing and policymakers should abandon the fantasy of phasing out oil and gas, as demand for fossil fuels is expected to continue to grow in the coming years. Stop These things
• Albanese points to the US Inflation Reduction Act which will direct US$ 400 billion ($605 billion) in federal funding to support clean energy and the US CHIPS Act which will direct $280 billion ($422 billion) in new funding to boost research and manufacturing of semiconductors. SmartCompany

Last updated: 21 April 2024