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] The advancements seen with SMRs signify not just a shift toward more sustainable energy solutions but also reflect the potential for nuclear energy to play a substantial role amid rising concerns over climate change and the need to reduce global carbon emissions by shifting from fossil fuels. The Pinnacle Gazette
• [New] The energy transition is already well underway, bringing with it valuable opportunities for electricians and electrical employers with the right skillsets to take on new projects, reach new customers and make a vital contribution to the UK's net zero future. City & Guilds
• [New] Is Enerji is one of the largest renewable energy producers in Turkey, holds a 50% stake in Polat Enerji's portfolio, and operates two separate wind farms with total installed capacity of 84 MW and wind extension potential of 40 MW, bringing the total capacity to 833 MW and potential to 873 MW. ESG Review
• [New] Massachusetts chose 2,678 MW from the SouthCoast Wind, New England Wind 1, and Vineyard Wind 2 projects, which together will supply energy to 1.4 million homes and significantly reduce carbon emissions. 4c Offshore
• [New] Adopting nuclear energy could catalyse Malaysia's research and development sector, attracting talent in engineering, physics, environmental science, and energy technology. BusinessToday
• [New] By stabilising electricity prices, nuclear energy could encourage investments in Malaysia's energy-intensive industries, attracting foreign investors who seek reliable, affordable power. BusinessToday
• [New] By adopting nuclear energy, Malaysia could accelerate its journey toward carbon neutrality, strengthening its position in global clean energy initiatives and setting an example for ASEAN. BusinessToday
• [New] New York has taken significant steps towards the transmission system investments that are expected to be required to deliver energy from facilities upstate and offshore to where load demand exists and to facilitate the Climate Act's goals. Linklaters
• [New] India has the advantages of an abundant supply of renewable power, growing domestic and local international markets, experienced and advanced technological capabilities, and energy infrastructure that will help to store, transport and deliver H2 at a low cost. H2TECH
• [New] Requiring developers to fit solar panels on the 1.5 million homes that are expected in the next five years would massively boost the UK's clean energy generation, providing subsidy-free generating capacity equivalent to two Sizewell C nuclear power stations. Electrical Times
• [New] Technology-inclusive incentive structures will bolster U.S. competitiveness and support the development of new domestic technologies that align with American energy independence and security. Michael Bennet
• [New] By 2047, renewable energy should account for at least 70% of India's energy generation, driven by advancements in solar, wind, and green hydrogen technologies. Swadeshi Shodh Sansthan
• [New] The UK Government has unveiled the Warm Homes Plan, a comprehensive initiative designed to make homes more energy-efficient, reduce heating costs, and combat fuel poverty. EcoGiants - EcoGiants: Smart energy solutions for a sus
• [New] The increasing recognition of the importance of electric vehicles in the global shift towards clean energy has led many to predict that governments and utility companies will continue to be instrumental in driving developments. WattLogic
• [New] Once operational, the two offshore wind parks will have a combined capacity of 1440 MW and help supply two million Polish households with clean energy from the Baltic Sea. Energy Global
• [New] Devon Energy, Expand Energy, Diamondback Energy, and Permian Resources have highlighted the potential for AI and data centers to drive gas demand and said they were in initial discussions with many operators. Edge and Odds -
• [New] Supplying the critical minerals that go into electric vehicles, wind turbines, solar panels, and other technologies underpinning the clean energy transition would require some USD 800 billion in investment in mining by 2040 to meet the 1.5 °C goal under the Paris Agreement on climate change. IISD Earth Negotiations Bulletin
• [New] Transitioning the global energy, transport and other systems will take time and traditional energy sources including coal and gas that can help support secure, reliable and affordable energy supply during the transition to renewable energy. PerthNow
• [New] China, the largest annual emitter, remains heavily reliant on coal, despite rapid renewable energy growth, and plans to achieve carbon neutrality by 2060. Digitopia
• [New] A country in the Global South could generate credits by replacing a coal plant with renewable energy or restoring natural carbon sinks such as mangroves or forests through investments that would not occur without the incentives created through carbon credits. ImpactAlpha
• [New] Grid-scale energy storage will be essential to managing the transition to clean energy and handling hourly and seasonal variations in renewable electricity output, the International Energy Agency states. Carbon Brief

Last updated: 01 December 2024