⚡️ UK's Clean Energy Revolution Accelerates! 🚀 Last year there was an incredible 67.4% growth in battery project capacity, now 95.6GW, reported by Energy Live News. 🌿✨ This marks the second consecutive year of such significant expansion, reflecting a soaring operational capacity of 4.4GW in battery storage. And we're powering ahead, with an additional 4.3GW currently under construction. The future shines even brighter with 30.4GW of capacity greenlit, coupled with 26GW edging through the planning pipeline and a further 30.4GW in the formative stages of development. There's still a demanding 2035 vision for 55GW in short-term energy flexibility. Renewable UK's Barnaby Wharton urges a streamlined consenting process and faster grid connections. 🛠️⏩ #projectdevelopment #energylivenews #batterystorage
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🌍 Making the UK a Clean Energy Superpower ⚡ Last week's announcement from Secretary of State for Energy and Climate Change Ed Miliband reinforces the critical role renewable energy will play in securing a greener, more reliable future for the UK. Prioritising essential projects, placing flexibility at the heart of the plan, streamlining grid connections, and accelerating planning decisions are the kind of progressive steps needed to unlock the full potential of the energy transition in the UK. At E.ON UK, E.ON Next and npower Business Solutions, we know that achieving net zero isn’t just about policy - it’s about action. By embracing innovation and working together, we can help accelerate renewable energy projects, create more green jobs, and continue to drive for cleaner and more affordable power for all. We look forward to continuing to work together with Government to lead the energy transition. It’s on us to make new energy work in the UK. #EON #NetZero #Sustainability #Energy #CleanEnergy
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Breaking: Green energy boom continues! 🌍🌱💰 Global renewable energy investments have shattered records in Q1 2024, surpassing an impressive $150 billion. This unprecedented surge signals a major shift towards sustainable power solutions and a greener future. Key takeaways: • Record-breaking Q1 investments exceed $150 billion • Demonstrates accelerating transition to clean energy • Reflects growing confidence in renewable technologies • Positions green energy as a major economic driver This milestone highlights the increasing economic viability of renewable energy and the global commitment to combating climate change. As governments, corporations, and investors align their strategies with sustainability goals, we're witnessing a transformative moment in the energy sector. #RenewableEnergy #CleanEnergy #SustainableInvestment #ClimateAction #GreenEconomy #EnergyTransition #SustainableFuture #CleanTech Taxila Business School
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Now, onto a topic I’m personally and professionally very passionate about: Infrastructure and Energy Transition. A few reflections from “Charging Forward: What Will it Take to Successfully Benefit from the Energy Transition” with Kate Roscoe, Edwina Kelly, Polina Sims, Veronique Talbot and Olivia Wassenaar at #WPCSCanada24 include: • The energy transition is real and broad, encompassing sustainable manufacturing, accessing renewable energy sources, and developing technologies that enable the shift. • Flexibility in mandates and investment pathways is crucial to addressing the energy transition. • Energy transition is a theme that does not fit into a single category; it is emerging across various sectors. • The framework defining energy transition and the investment surrounding it is evolving. • There is no single solution; the road to decarbonization involves multiple pathways. • Timelines for key processes to bring projects to life, projects availability, and broader education around energy transition are top of mind when investing in this space. Johanna Gerrie Monika Manza Lauren Bull Andrea MacDonald, CPA, CA #WPCSCanada #PrivateEquity #EnergyTransition #Renewables #InvestinginInfrastructure #SustainableInvestments #Infrastructure #NaturalResources
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Infrastructure investment in mature sectors like renewable energy has led to stable and decreasing electricity costs in the UK, with investors making fair returns. Yet more complex and emissions-intensive sectors such as battery manufacturing require strategic advancement. Our CEO Jonathan Pollock examines the key opportunities that early-stage climate technology presents for decarbonising complex infrastructure across these emissions-intensive sectors and supply chains. Elbow Beach Capital targets investment in start-ups which are developing exactly the kind of technologies that we need to unlock net zero across these complex industries whilst also improving the economics of the sector. Read JP’s thoughts here: https://lnkd.in/e9hHshsP #NetZero #EnergyTransition #CleanEnergy
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𝗕𝗶𝗴 𝗠𝗶𝗹𝗲𝘀𝘁𝗼𝗻𝗲 𝗳𝗼𝗿 𝗖𝗹𝗲𝗮𝗻 𝗣𝗼𝘄𝗲𝗿! 🌍🚀 NESO’s new report, "Clean Power 2030," provides a bold plan to achieve 100% clean power for Great Britain by 2030, with goals that emphasise both urgency and scale. It highlights some significant challenges we need to address to hit these ambitious targets: • 𝗚𝗿𝗶𝗱 𝗨𝗽𝗴𝗿𝗮𝗱𝗲𝘀: A major push is needed, calling for twice as much new transmission infrastructure in the next five years as was built in the past decade. • 𝗣𝗮𝘁𝗵𝘄𝗮𝘆𝘀 𝗙𝗼𝗿𝘄𝗮𝗿𝗱: NESO proposes two pathways, one focusing on ramping up low-carbon dispatchable sources (like CCS & hydrogen) and another emphasising fast-tracked renewables like wind and solar. • 𝗪𝗶𝗻𝗱 𝗮𝗻𝗱 𝗦𝗼𝗹𝗮𝗿: Onshore Wind to double and Solar to treble by 2030. • 𝗙𝗹𝗲𝘅𝗶𝗯𝗶𝗹𝗶𝘁𝘆 𝗮𝗻𝗱 𝗦𝘁𝗼𝗿𝗮𝗴𝗲: Batteries (5GW today) must increase to between 23GW-27GW by 2030. Long-duration storage (LDES) is highlighted as essential but will require major investment and planning. • 𝗧𝗲𝗰𝗵 & 𝗪𝗼𝗿𝗸𝗳𝗼𝗿𝗰𝗲 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁: Digitalisation, AI, and upskilling the energy workforce are seen as critical to streamlining operations and ensuring we’re ready for this transformation. The journey to clean power requires swift action, high investment, and unprecedented coordination across the sector. But as NESO states, "the foundations are in place" – it’s time to build on them! #CleanEnergy #NetZero #Renewables #GridModernisation #SustainableFuture https://lnkd.in/eEzd2Svh
Clean Power 2030
neso.energy
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The US energy sector is buzzing with innovative investment trends! 🌍🔋 It's fascinating how rapidly the shift toward sustainable energy is changing the landscape. Investment is booming in renewable sources like solar and wind, with technological advancements making them more viable and efficient. Battery storage is another hot area, ensuring we can harness and use renewable energy even when the sun isn't shining or the wind isn't blowing. This movement is reflective of a broader global shift. As nations commit to reducing carbon emissions, the demand for clean energy solutions is skyrocketing. In the US, there's a significant collaboration between public and private sectors to push these green initiatives forward. Exciting times ahead as we steer towards a more sustainable future! 🚀🌿 #SustainableEnergy #RenewableInvestments #GreenEconomy
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⚡Great news for the UK's green energy sphere! Exciting times ahead as Corio Generation's CEO, Jonathan Cole, has highlighted a sparking opportunity for the clean energy sector. The Labour Party's ambitious project, GB Energy, could be a game-changer in accelerating the UK's shift towards sustainable power with a particular boost for floating wind projects. 🌬️💨🇬🇧 With a substantial £8.3bn pledged to kickstart GB Energy, we're looking at a potential revolution in how we approach energy production and consumption. Could this be the dawn of large-scale floating wind farms gracing our coasts? The ripple effects on job creation, technology advancement, and environmental impact are huge. 📈 As we prioritize our planet's health and our energy independence, initiatives like this can't come soon enough. Keen to weigh in on the future of UK's floating wind or share insights on clean power investments? Let's channel the wind of change - drop a comment below or message me to join the conversation! 📥 #CleanEnergy #GreenInvestment #UnitedKingdom
Corio CEO Cole: Labour's GB Energy could help spark floating wind
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Step into a world of energy freedom and prosperity with Solar Hub's PPA. Embrace the power of sustainable savings, stability, and environmental leadership. It's time to elevate your business to new heights with clean, reliable solar energy. Let's make this transformative leap together! Today! #SolarHub #PPA #RenewableEnergy #SustainabilityLeadership
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The UK is making remarkable strides in the green energy transition! Keep abreast of the significant progress, economic benefits, and industry transformation driving this shift through: - Understanding the current landscape of the UK’s #greenenergy - The development of Government policies and initiatives - Creating technological #innovations to drive the transition - Measure the #economicimpact and business opportunities - Future Outlook: Strategies for Achieving #Netzero by 2050 Slide through to discover how renewable energy sources and technological innovation are shaping a sustainable, prosperous, and resilient future for the UK, and click the link to learn more: https://lnkd.in/dYWUk93r
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📣 News from World Economic Forum's Centre for Energy and Materials this week! 1️⃣ New Digital Platform Outlines 100 Actionable Solutions for Unlocking Clean Energy Investment in Emerging Markets The Forum launches an innovative Playbook of Solutions to mobilize clean energy capital in the Global South. The Playbook was assembled by the Forum-led Network to Mobilize Investment for Clean Energy in the Global South as a direct contribution to 2024’s G20 Energy Transition Working Group. 📒 Check out the Playbook of Solutions: https://lnkd.in/eCtCGR5g 2️⃣ Industry Leaders Join Forces to Accelerate Renewables Infrastructure Deployment Worldwide The Forum launches the Responsible Renewables Infrastructure Coalition to drive a sustainable, equitable global expansion of the infrastructure needed for the green transition. With demand for renewable energy surging globally, the coalition will focus on responsibly managing the impact of large-scale infrastructure projects on communities and biodiversity worldwide. 💡 Learn more about this coalition: https://lnkd.in/e9ZMVkXi #energy #energytransition #cleanenergy #climate Prerana Pakhrin Misrahi Kaila Kheirolomoom Kristen Panerali Roberto Bocca Justine Roche Espen Mehlum Anne Therese A. Sekela O.
Clean Power and Electrification - Responsible Renewables Infrastructure Initiative
initiatives.weforum.org
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