🌿 Europe's Clean Energy Revolution: Challenges and Opportunities 🔋 Just read an insightful study on the EU's electricity transition by IDDRI. The EU aims for 70% renewable electricity by 2030, doubling current levels! 🚀 This ambitious goal faces hurdles in grid infrastructure, market design, and financing. 💡 Key focus areas include integrating renewables into industrial strategy, doubling flexibility, and promoting local ownership. The study highlights the need for coordinated European action and Franco-German cooperation. 🤝 As we navigate this transition, balancing technical solutions with political legitimacy will be crucial. #cleanenergy #europeangreendeal #renewableenergy #energytransition #climateaction #sustainablefuture Full read here:
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🌞 𝗗𝗶𝗱 𝗬𝗼𝘂 𝗞𝗻𝗼𝘄? 𝗧𝗵𝗲 𝗘𝗨'𝘀 𝗦𝗼𝗹𝗮𝗿 𝗦𝘂𝗿𝗴𝗲 𝗦𝘂𝗿𝗽𝗮𝘀𝘀𝗲𝗱 𝗔𝗹𝗹 𝗘𝘅𝗽𝗲𝗰𝘁𝗮𝘁𝗶𝗼𝗻𝘀! 🌍 In 2022, the EU added a record 𝟰𝟭 𝗴𝗶𝗴𝗮𝘄𝗮𝘁𝘁𝘀 of new solar capacity—a 𝟰𝟬% 𝗶𝗻𝗰𝗿𝗲𝗮𝘀𝗲 from the previous year (Politico, 2023). This spectacular growth was unexpected, setting the stage to exceed the 𝟮𝟬𝟯𝟬 𝘀𝗼𝗹𝗮𝗿 𝘁𝗮𝗿𝗴𝗲𝘁𝘀 ahead of schedule. What does this mean? 🌱 A major step towards cutting carbon emissions 🔋 Reduced reliance on fossil fuels ⚡️ New challenges in grid integration and energy storage The rapid rise of solar power is reshaping Europe's energy landscape, accelerating the push for a 𝗰𝗹𝗶𝗺𝗮𝘁𝗲-𝗻𝗲𝘂𝘁𝗿𝗮𝗹 𝗳𝘂𝘁𝘂𝗿𝗲. We're on the path to 𝘀𝗲𝗰𝘂𝗿𝗲 𝗮 𝘀𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗹𝗲 𝗳𝘂𝘁𝘂𝗿𝗲 𝗳𝗼𝗿 𝗮𝗹𝗹, but it's just the beginning. 🌱 #SolarPower #ClimateAction #ORIONProject #Innovation #Sustainability #RenewableEnergy #EnergyInnovation #CleanEnergy #DigitalTransformation #EUProjects #HorizonEurope
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Thanks Reuters Events Sustainable Business for having MN8 CEO Jon Yoder on as a panelist to discuss the supply and demand of the renewable energy market. If you weren't able to attend the panel live, here are 3 key takeaways: ⚡ Electricity demand is growing - the climate challenge facing us is understanding where demand is coming in and meeting it with clean energy as much as possible. ☀️ Renewable energy isn't just for large corporates - there are avenues for organizations of every scale to source clean energy. Whether that be onsite solar or utility green tariff programs or signing larger-scale power purchase agreements with producers. 📈 To meet global climate goals, we need to electrify as much as possible. To do that, experts estimate we need to deploy 85 GW of clean energy a year, keep building and growing the scale of mature clean energy technologies, and continue to advance new technologies.
Overcoming supply shortages and unlocking access to renewable energy was our great penultimate panel here at #SustainabilityUSA with fantastic insights from Jonah Wagner at the U.S. Department of Energy (DOE), Marcene Mitchell at WWF, Jon Yoder at MN8 Energy, Vrushali Gaud at Google and Aidan Charron at EARTHDAY.ORG. #renewableenergy #netzero #energyefficiency
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Portugal is witnessing an accelerated energy transition. In the first trimester of 2024, 89% of all the electricity consumed was from renewable sources. But how will its distribution grid cope with such a growing capacity of clean electricity? Digitalisation and structural investments will be key. We asked our member of the Distribution & Market Facilitation Committee João Martins de Carvalho, Executive Board Member at E-REDES, to share what we need to achieve our decarbonisation goals 👇 At #PowerSummit24 next week, we will launch our #Grids4Speed study, which will highlight the common challenges across EU members and actions to take to ensure the distribution grid is ready to deliver the energy transition 👉 https://bit.ly/3TlMSqQ #energy #electricity #electrification #decarbonisation #energytransition
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As we chart our course toward a greener future, the European Green Deal ♻️ stands as a testament to our collective ambition for sustainability. At the forefront of this transformative agenda is renewable energy, with a spotlight on the boundless potential of solar power. The EU's commitment to achieving a climate-neutral economy by 2050 catalyzes a renaissance in energy, where solar takes center stage ☀️. This clean, abundant energy source is now more than ever, a cost-effective and resilient solution to our energy needs. #photovoltaics #solarenergy #europeangreendeal #greenenergy #ecofriendly
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𝗡𝗮𝘃𝗶𝗴𝗮𝘁𝗶𝗻𝗴 𝘁𝗵𝗲 𝗘𝗻𝗲𝗿𝗴𝘆 𝗧𝗿𝗮𝗻𝘀𝗶𝘁𝗶𝗼𝗻: 𝗨𝗻𝗹𝗼𝗰𝗸𝗶𝗻𝗴 𝘁𝗵𝗲 𝗣𝗼𝘁𝗲𝗻𝘁𝗶𝗮𝗹 𝗼𝗳 𝗘𝗻𝗲𝗿𝗴𝘆 𝗦𝘁𝗼𝗿𝗮𝗴𝗲 𝗦𝘆𝘀𝘁𝗲𝗺𝘀 #EnergyStorageSystems are the backbone of a renewable future, but are we doing enough to empower them? Despite the critical role ESS play in stabilizing our grids and maximizing the efficiency of renewable energy, regulatory hurdles in Germany and across the EU are slowing down progress. From double grid fees to complex authorization procedures, it's clear that a streamlined, harmonized approach is overdue. 🛑 Curious about how we can overcome these challenges and drive the energy transition forward? Dive into the full analysis on our DRIVEN magazine and join the conversation on the future of energy: https://lnkd.in/desC_9Wd #EnergyTransition #RenewableEnergy #ESS #Sustainability #Innovation
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Introducing the second of our #Energy #CERREAmbitions for Europe 2024-2029: Building resilient and sufficient energy infrastructure. Europe’s energy infrastructure is key to achieving resilience and sustainability in the face of climate challenges. As we move forward, we need robust, interconnected networks that support renewable energy growth and empower consumers with smarter, more adaptive energy options. 💡 Here’s how we envision achieving this: 1️⃣ Resilience needs to be defined in regulation 2️⃣ Increase investment in energy grids and expand cross-border interconnections 3️⃣ Coordinate clean investments across gas, electricity, and hydrogen networks and ensure equitable cost allocation 4️⃣ Deploy smart infrastructure at a fast pace, facilitating a higher consumer engagement 🔍 Explore our full recommendations: https://lnkd.in/e39Kjcjz #EnergyTransition #Sustainability #Innovation #FutureOfEurope #SmartInfrastructure #ClimateAction
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Why are distribution grids so important in the energy transition and what are DSOs facing currently? Check out the video and come to the #PowerSummit24 to get to know more about our #Grids4Speed study!
Portugal is witnessing an accelerated energy transition. In the first trimester of 2024, 89% of all the electricity consumed was from renewable sources. But how will its distribution grid cope with such a growing capacity of clean electricity? Digitalisation and structural investments will be key. We asked our member of the Distribution & Market Facilitation Committee João Martins de Carvalho, Executive Board Member at E-REDES, to share what we need to achieve our decarbonisation goals 👇 At #PowerSummit24 next week, we will launch our #Grids4Speed study, which will highlight the common challenges across EU members and actions to take to ensure the distribution grid is ready to deliver the energy transition 👉 https://bit.ly/3TlMSqQ #energy #electricity #electrification #decarbonisation #energytransition
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With electricity demand projected to double by 2050 and ambitious #decarbonization goals set for 2030, the UK's energy system must evolve rapidly to accelerate towards its #NetZero targets. "Carbon capture technology offers a viable solution for decarbonizing the last 10-20% of our power system - an essential step in achieving our nation's climate commitments", says Craig Jones, vice president, UK #EnergyTransition at GE Vernova. #CCS will play a crucial role in ensuring energy reliability, particularly on days when renewable sources like wind and solar fall short. By investing in this technology, the #UK not only addresses climate change but also enhances energy security, stimulates economic growth, and positions itself as a global leader in sustainable energy solutions. Read more: https://vernova.is/3CcHIHP #FutureOfEnergy
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It has been an absolute honor to be associated with the Ministry of New and Renewable Energy (MNRE) on the occasion of "National Workshop on unlocking value from Carbon Markets - Accelerating Green Hydrogen and Clean Energy" and to see the government recognize the work several stakeholders and researchers including Shakti Sustainable Energy Foundation have been doing in the space of carbon markets. #CarbonMarket #ClimateFinance #ClimateChange
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Today the G7 opens, focusing mainly on energy sustainability. An association of students sensitive to the topic have established a program to present to the authorities focused on these aspects: -Real acceleration on renewables applications, focusing on solar and wind; -Improve environmental sustainability in cities, mainly improving urban mobility. Let's hope they don't just remain words....... #sustainability #solarenergy G7 energy-related emissions and electricity sector milestones in the Net Zero Emissions by 2050 Scenario, 2020-2050
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