Juan Carlos Badillo, JD, MBA’s Post

Clean energy investment to double fossil fuels in 2024 Global clean energy investment in 2024 is expected to reach $2 trillion, double the amount spent on fossil fuels, according to the International Energy Agency 🔗 Read more: https://lnkd.in/dzGzcqtw 🌐 Visit: https://lnkd.in/etJGmpAS Learn more about our project financing. Powering Progress, Investing in Energy. #energy #markets #projectfinancing

According to the International Energy Agency (IEA) report on World Energy Investment (2024) published today, global investment in clean energy is set to reach almost double the amount going to fossil fuels in 2024, showcasing the significant investment flows towards clean energy solutions. However, the transition to clean energy and away from fossil fuels requires an ongoing significant change in investment spending in the upcoming years. While there is still largely invested in fuels such as oil or natural gas, additional investment into end-use and energy efficiency (transport, buildings and industry) as well as power (e.g. clean power, grids and battery storage) is necessary under the Net Zero Emissions (NZE) by 2050 Scenario. This reports highlights that the world moves further into the right direction, however, additional steps and investments need to be undertaken to achieve net zero in the future. #energytransition #netzero #investmentspending #cleanenergy Source: https://lnkd.in/e_DDtDzM

RenewableUK's Chief Economist Anand Dossa delivers a deep dive into #budget2024 and how it could impact the UK renewables in our latest blog: 𝐈𝐧𝐬𝐢𝐝𝐞 𝐭𝐡𝐞 𝐂𝐡𝐚𝐧𝐜𝐞𝐥𝐥𝐨𝐫'𝐬 𝐛𝐨𝐥𝐝 𝐁𝐮𝐝𝐠𝐞𝐭: 𝐚 𝐛𝐨𝐨𝐬𝐭 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐔𝐊’𝐬 𝐫𝐞𝐧𝐞𝐰𝐚𝐛𝐥𝐞 𝐟𝐮𝐭𝐮𝐫𝐞? 👇 https://lnkd.in/ecySz_2Z

With the launch of Great British Energy, a new state-owned energy company, the UK is striving to speed up investment in renewable energy such as offshore wind - as well as play a key role in achieving the country's ambitious 2030 net-zero grid target. The recently unveiled legislative blueprint not only focuses on energy independence, but also promises cleaner water and more sustainable aviation fuel. With a £5 billion annual investment in green projects, the initiative is set to create thousands of new jobs while potentially cutting energy bills by £300 per household by 2030. While there are challenges ahead, including significant investment needs and political debate, the potential benefits are vast. What could this mean for your business? Read our latest blog to learn more 👇 🔗 https://lnkd.in/em_d86aG #GreatBritishEnergy | #CleanEnergy | #RenewableEnergy | #UKBusiness | #EnergyIndustry | #EnergyMarkets | #EnergyTransition | #WindPower | #GreenEconomy | #NetZero

For professional clients and qualified Investors only. Did you know that over 80% of the world's energy still comes from fossil fuels? The transition to a more sustainable energy mix is happening, but let's face it: we have a long road ahead before renewables can fully replace traditional sources. For policymakers, the immediate focus is on ensuring energy security—finding reliable, safe, and local sources of energy. 🌐 Conflicts continue in Europe and the Middle East, while the pandemic's impact still lingers. Relying on global energy networks has become increasingly risky. This has raised crucial questions about energy security and its effect on the broader energy transition movement. But the energy transition isn't just about going green; it's about building resilient, reliable energy systems. Yes, renewable energy like wind and solar is gaining traction, but conventional energy isn't going away just yet. ❓So what’s the solution? Well, it’s not about choosing between conventional and renewable energy. Instead, the way forward involves a balanced approach that incorporates both, with traditional energy companies adapting to new sustainability trends. 💬 Your Thoughts?: How do you think energy security will shape the future of energy? Share your ideas in the comments! #Energytransition #RenewableEnergy #Deglobalization

𝐈𝐧𝐬𝐢𝐝𝐞 𝐭𝐡𝐞 𝐂𝐡𝐚𝐧𝐜𝐞𝐥𝐥𝐨𝐫'𝐬 𝐛𝐨𝐥𝐝 𝐁𝐮𝐝𝐠𝐞𝐭: 𝐚 𝐛𝐨𝐨𝐬𝐭 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐔𝐊’𝐬 𝐫𝐞𝐧𝐞𝐰𝐚𝐛𝐥𝐞 𝐟𝐮𝐭𝐮𝐫𝐞?   Last week, the Chancellor delivered a bold and ambitious Budget, one intended to chart a course through economic uncertainty and lead the UK towards growth, investment, and long-term stability 💼   In our latest blog RenewableUK's Chief Economist Anand Dossa gives a detailed breakdown of the budget and what it means for the UK's renewable energy sector and clean power targets 🎯   https://lnkd.in/eC_MKECp #budget2024 #renewableenergy #growth #investment #greenjobs

✅ Funding  ✅ Renewables  ✅Sustainability  These are just a few topics covered during last week's Wood-led seminar at #ESGNorthAmerica.  With #decarbonising efforts ramping up at a significant pace, the US has a unique opportunity to capitalise on carbon. Want to discover how? Click the link below to discover how our advisory team could help you make the most of new credits and tax incentives geared towards advancing #energy transition.   https://lnkd.in/gW-q4NC4

This week's top #energynews in #TheInformer: ⚡The new National Energy System Operator (NESO) will launch on 1 October in a move the Government said is a major step towards reaping the full benefits of clean domestic power. 🌏A series of “simple” reforms to the CfD scheme would deliver a step-change in the UK’s renewable energy deployment, according to industry leaders. RenewableUK highlighted measures including ensuring the parameters of the auction reflect the realities of the market more accurately and setting specific targets for each technology. 💡Two thirds of businesses have now set a Net Zero target, according to a new survey. The UK Net-Zero Business Census, conducted by the UK Business Climate Hub and Planet Mark, also found that a further 18% of businesses intend to set a target soon. Read more #industrynews here: https://lnkd.in/eJPacXuh and comment below and tell us your top Informer headline! 👇

The European Commission published the State of the Energy Union Report 2024 yesterday, highlighting the EU’s success in navigating the unprecedented energy challenges. This annual report analyses the state of play of the Energy Union regarding all its five dimensions: security, climate action and decarbonizing the economy, innovation and competitiveness, efficiency, and the internal market. Highlights: ✅ 50% renewable energy: By mid-2024, half of the EU's electricity was generated from renewables, breaking records in clean energy growth. ✅ Lower emissions: Greenhouse gas emissions fell by 32.5% between 1990 and 2022, while the EU's economy grew by 67%. As we accelerate the clean energy transition, the report finds the challenges ahead, such as EU’s energy efficiency efforts. Read the full article here: https://lnkd.in/g-v4Exbk #Nuventura #SF6Free #innovation #energytransition #netzero #dryairgis #switchgear #mvswitchgear #electricalengineering #sustainability #greentechnology #globalimpact #energyinnovation #energysolutions #greendeal #EUgreendeal #EnergyUnion #CleanEnergy

International Energy Agency (IEA) urges a collective push to triple renewable energy capacity by 2030 in line with Paris Agreement goals. It emphasises the need for emerging economies to step up their ambition and attract investments for cleaner, cheaper and more secure energy solutions. #ParisAgreement #CleanEnergyTransition Read more here: https://bit.ly/49e0GIy