Healthtech

• [New] Another key item to watch will be whether China and India present credible commitments to phase out coal, which remains the world's largest source of electricity generation at around 35% of the global electricity mix, and in China is around 97%. Proactiveinvestors UK
• [New] IAG has committed to phasing out insurance for companies that are predominantly in the business of extracting fossil fuels and power generation from fossil fuels by 2023. Market Forces
• [New] The UK government will encourage the design and development of the next generation of AI systems in the UK and will support UK businesses across sectors to adopt them on a larger scale. Law360
• [New] MDBs and the bilateral institutions of China, Korea and Japan have recently announced that they will not be supporting unabated coal power generation going forward. Japan Institute of International Affairs
• [New] When wind generation is high and electricity demand low in Britain, NSL will enable renewable power to be exported from the UK, conserving water in Norway's reservoirs. National Grid
• [New] The global green hydrogen market is expected to expand rapidly as a result of its improved functionality and distinct properties, which are required in applications such as oil and gas, petrochemical, electric vehicles, and power generation. MarketResearch
• [New] The renewable sources of energy like wind, nuclear fusion, and solar could effectively generate 40% of US electricity by 2030 and 80% of US electricity by 2050. Health
• [New] Professionals from a range of disciplines will network and gain insight into the increasing confluence of their worlds, providing even more opportunities to support the next generation of digital technology. MySecurity Marketplace
• [New] Heavy deployment of solar and wind power will see the world transitioning to the use of hydrogen for power generation, powering fuel cell vehicles, among many other things including petroleum refining, fertilizer production, treating metals, and food processing. CitiNewsroom.com
• [New] China will need another 433 GW of renewable generation capacity at a capital cost of $3.68 trillion to create green ammonia for its seaborne freight in the next 40 years. Hellenic Shipping News Worldwide
• [New] In a scenario with higher electricity demand, if there is no hydrogen generation in the power sector, we are likely to need to build all known technologies at or close to their maximum deployment potential by the mid-2030s. UK Government
• [New] Electricity generation increases to meet a larger share of energy demand, and low carbon hydrogen grows from a near zero base to play a significant role from the 2030s. UK Government
• [New] Given the restriction on the use of offsets and that emissions from electricity generation are expected to be negative beyond 2040, BECCS is expected to play a role in the decarbonisation of the power sector. Climate Action 100+
• [New] Emissions from generation need to reach net zero by 2040 globally (and by 2035 for advanced economies) and be emissions negative thereafter. Climate Action 100+
• [New] Coal fuelled generation must be phased out by 2031 for OECD countries, Eastern Europe and Former Soviet Union, 2032 for Latin America, 2034 for Middle East and Africa and 2037 for Non-OECD Asia (includes China and India). Climate Action 100+
• [New] An alignment of capex plans with 1.5 °C requires companies not to invest in any new fossil fuel generation that cannot achieve net zero by 2040 (2035 in advanced economies). Climate Action 100+
• [New] By 2030, wind and solar energy could reduce water withdrawals related to power generation by 50% in the UK, 25% in the US, Germany and Australia, and 10% in India. The Conversation
• [New] Emissions from electricity generation need to reach net zero well before 2050, so that other industries that rely on power can follow suit. Reuters
• [New] Given China's scale versus Japan's, and the enormous growth opportunities that remain to sell within its own borders to the lower and middle classes, China may have generations to go before it flatlines the way Japan has. Discourse
• [New] Over the next decades we will witness a strong decarbonisation of the global energy sector, driven by clean power generation, affordable storage solutions and the deployment of the newest technologies driving down energy consumption. Funds Europe

Last updated: 24 October 2021