Pedro Amaral Jorge’s Post

The Biden administration has announced strict new EPA regulations to significantly cut carbon emissions from coal-fired power plants. 🏭 The power sector represents the second biggest source of greenhouse gas emissions in the country. These new rules could help shift some emissions from this sector. 💨 Under the new rules, existing coal-fired plants will be required to capture up to 90% of their carbon emissions or phase out operations. The initiative aligns with broader federal efforts to transition towards a more sustainable and clean energy economy. The Biden Administration pledged to eliminate carbon from the electricity sector by 2035. ⚡ What do you think are the implications of these new standards for the future of U.S. energy? Share in the comments below. 📝 Source: AP News 4/25/2024 Disclaimer: This post is made for entertainment purposes only. Nothing in this post constitutes investment advice. #energy #energytransition #coal #decabonization #netzero

As we navigate the complex journey towards a low carbon economy, natural gas has emerged as a pivotal player. Its role as a transitional fuel cannot be overstated. Unlike coal and oil, natural gas emits significantly less CO2 when burned, making it a cleaner alternative for power generation and heating. This reduction in emissions is crucial as we strive to meet our climate goals and reduce our carbon footprint. However, it's important to recognise that natural gas is not a panacea. While it offers a cleaner option compared to other fossil fuels, it is still a source of greenhouse gases. Methane, a potent greenhouse gas, can be released during the extraction and transportation of natural gas. Therefore, it's essential to implement stringent regulations and advanced technologies to minimise these emissions. Investing in infrastructure that supports the capture and storage of carbon can further enhance the sustainability of natural gas. In the UK, natural gas has been instrumental in reducing coal dependency and supporting renewable energy integration. According to the Department for Business, Energy & Industrial Strategy, natural gas accounted for 40% of the UK's electricity generation in 2023. This shift has not only helped in cutting down emissions but also in stabilising the energy grid. As we continue to expand our renewable energy capacity, natural gas will play a crucial role in ensuring a reliable and flexible energy supply. #EnergyTransition #Sustainability #LowCarbonEconomy

According to European Environment Agency #EEA early estimates, the European Union’s #PrimaryEnergyConsumption (PEC) by end users in 2023 fell by 3.8% compared to 2022 and #FinalEnergyConsumption (FEC) fell by 0.6%. While this progress is an improvement compared to historical trends in energy efficiency, substantial efforts remain to meet 2030 energy efficiency targets, which were revised downwards in 2023. For PEC, the rate of reduction observed in the past two years would need to persist until 2030 to meet the targets. FEC would require a faster reduction than in recent years, making it unlikely that the EU will meet its target without additional and decisive action. #EnergyEfficiency #DigitalTransformation #DropFinalEnergyConsumption https://lnkd.in/dP5hSeTw

#energyanalysis - Energy Performance of Buildings Directive (#EPBD): A missed opportunity to set clear targets for buildings? In March, the EU finalised the EPBD, a key measure aimed at reducing #emissions from buildings, which account for 25% of Europe's total emissions. A large majority of these emissions come from the use of fossil fuel boilers for heating (which fell from 69% in 1990 to 50% in 2022). Originally intended to put the sector on a path to #netzero, political shifts have reduced its ambitions. For instance, while a 2029 ban on sales of standalone #gasheaters was discussed during the establishment of REPowerEU, the final directive merely requires Member States to provide a plan to phase out #fossilfuel boilers by 2040. Enerdata's analysis reveals that postponing the ban on fossil fuel boiler sales from 2029 to 2036 could drastically increase emissions and energy consumption, necessitating the premature scrapping of a large share of gas boilers. This directive, part of the broader ‘Fit for 55 package’, is crucial but may require stronger targets to ensure the EU achieves its 2050 #carbonneutrality goal. This analysis is part of the update of the Country Energy Demand Forecast scenarios, focusing on detailed energy demand in European countries. 👉https://lnkd.in/efgxjh6q The complete analysis will be published in the next weeks, stay tuned!

We just released our March 2024 Electricity Market Review. In this latest edition, we look into movements in the electricity market in the past month and briefly cover some important developments that concern energy in Australia, namely: • The recently announced $1 billion Solar Sunshot subsidies and grants scheme • AGL and SunDrive’s MOU to explore the potential of building a solar manufacturing facility at the Liddell site • The Climate Council’s report asserting that the country must reach net zero emissions by 2035 • The Climate Energy Finance report saying that keeping Eraring open beyond 2025 will cost taxpayers $150 million to fund • AEMO’s warning of potential gas shortages in Australia’s East Coast in 2025 Read our full report and commentary https://zurl.co/iIcQ -- Want to make a difference in your business’ electricity costs? Consult our team to see if you can make more savings on your commercial and industrial energy. Fill in and submit our form to request business energy tenders: https://zurl.co/bBk5 #march2024electricitymarketreview #australianelectricitymarket #aemo #aglsundrive #sunspotscheme #eastcoastgasshortage #netzero2035 #netzero2050 #climatecouncilreport #seizethedecade #climateenergyfinance #energymanagementconsultants #commercialenergy #industrialenergy #energybroker #leadingedgeenergy

“Slow grid connections and a lack of clear plans for energy storage have to be fixed to enable electrification of the UK energy system or risk net zero goals not being met,” a committee of MPs has found. The report, published earlier this year by the UK's Environmental Audit Committee, concludes that many planned renewable energy projects are being hampered by persistent problems accessing the electricity grid. These means: 1️⃣ Slow connections, 2️⃣ Limited capacity, 3️⃣ Inappropriate planning regulations and market uncertainty. To reach #NetZero in time to tackle climate change, we need robust infrastructure in place to reduce clean energy project bottlenecks and allow developers to connect to the grid quicker. Find out how we are supporting developers to get connected here: www.aurora-utilities.co.uk   Full report here: https://lnkd.in/eZcxXAAF #LastMiletoNetZero #GridConnections #CleanEnergy

According to the Long Duration Energy Storage Council (LDES Council), meeting global decarbonisation targets are impossible without increasing the pace of LDES adoption 50 times over by 2040. The council suggests that 1TW of long-duration storage will need to be deployed on the world’s grids by 2030 and 8TW by 2040 to align with multilateral and national energy transition goals. Read more: https://lnkd.in/d_7Nme7N #greenvanadium #sustainability #energystorage #renewableenergy #vanadiumflowbattery

🌍 Fit for 55: Council Approves Gas and Hydrogen Market Package ⚡ 👉 Read the full article: https://lnkd.in/dBcAWssS The EU Council has adopted new regulations to reform the gas and hydrogen markets, a pivotal part of the Fit for 55 initiative aimed at reducing greenhouse gas emissions by 55% by 2030. This package is set to revolutionize the energy sector, promoting renewable and low-carbon gases, especially hydrogen. 💧🔋 Key Highlights: - Establishes common market rules for renewable and natural gases. - Facilitates the integration of hydrogen infrastructure. - Promotes the phase-out of fossil fuels by 2049. - Includes measures to protect vulnerable consumers from energy poverty. This major step supports the EU's ambitious decarbonization targets and paves the way for a sustainable energy future. Discover more about how these new regulations will impact the energy landscape. 🌿📊 #FitFor55 #EnergyTransition #HydrogenEconomy #Sustainability #EU #ESG

What is this tosh? The literal purpose of the Capacity Market was to incentivise new build gas-fired generation. It was pretty bad at doing that, but re-announcing the original purpose of a mechanism 10 years on is a strange way of advancing energy policy. Ditto the requirement to shift to hydrogen-firing or a carbon capture retrofit - these have both been the quid pro quo for gas-fired generation in a #decabonised grid. The PM talked about making "tough decisions so that no matter what scenario we face, we can always power Britain from Britain", but this is neither tough nor a decision. #netzero #energytransition #decarbonisation https://lnkd.in/eezqVNhz

To electrify transport, heating and industry, we need #Grids4Speed ⚡ Our joint report with EY is now out, download it here 👉 https://bit.ly/3ysMmPP By 2050, electricity will make up 60% of final energy use compared to 23% today. 70% of renewable generation and storage will be connected at the distribution level. To get the distribution grid ready, our study shows that from 2025 to 2050 we should invest up to €67 billion - around 0.4% of EU GDP and roughly 20% of what the EU spent on fossil fuel imports in 2023. ❗ However, investments could be lowered to €55 billion per year with: - Anticipatory investments - Optimal asset management - Grid-friendly flexibility Read the report to learn how to build the grid of the future! Learn more here: https://lnkd.in/ejH3Qgha Leo Birnbaum | E.ON | Georgios Stassis | PPC S.A. | Markus Rauramo | Fortum | Kristian Ruby | Cillian O'Donoghue | Marianne Karu | Savannah Altvater | Oliver Franz | Serge Colle | Paul Micallef | Steve Heinen | Steve Wilkinson | Andrew Horstead | Nicola Marsh | Aparna Sankaran | Una Short #energy #electricity #electrification #decarbonisation