Scope 3 Magazine’s Post

The development and promotion of key renewable ⚡️energy forms have become top priorities for China’s present and future energy transition, since officially announcing its Dual Carbon goals at the 75th United Nations General Assembly in 2020. By virtue of its low carbon footprint, ease of promotion, and economic stimulation effect, among renewal energy types, photovoltaic (PV) power has a crucial role to play:➡️ https://bit.ly/4ecr34r

In a recent PE Hub Europe article, Richard Thompson, Partner and Co-Manager of Foresight Energy Infrastructure Partners (FEIP), highlights how our strategic investments are helping to unlock bottlenecks and accelerate renewable energy integration.   The energy transition presents a robust pipeline of investment opportunities, particularly in storage and grid infrastructure, driven by strong policy support. As we look ahead, green hydrogen and decarbonising long-range transport remain key focus areas for us, both in the US and Europe. It is a pivotal moment for advancing the green transition.    Read the article here: pehubeurope.com   #EnergyTransition #RenewableEnergy

Be part of our APAC #power session on October 29, where industry experts will delve into the future of renewable energy certificates (RECs) in the region. With a projected fourfold rise in renewable contributions by 2050, we’ll examine the crucial elements affecting REC pricing, transaction methods, and policy advancements in key markets including Japan, China, South Korea, Australia and more. Reserve your spot now and join the energy transition movement! https://okt.to/14Nthr

Be part of our APAC #power session on October 29, where industry experts will delve into the future of renewable energy certificates (RECs) in the region. With a projected fourfold rise in renewable contributions by 2050, we’ll examine the crucial elements affecting REC pricing, transaction methods, and policy advancements in key markets including Japan, China, South Korea, Australia and more. Reserve your spot now and join the energy transition movement! https://okt.to/VCRcef

🌍✨Have you checked out the new International Renewable Energy Agency (IRENA) report? It explores how the G7 ITALIA can collaborate to support African-led initiatives and the need for increased investment in renewable energy, with a focus on the energy access deficit. Minigrids are identified as a key solution to provide electricity, along with stand-alone systems, productive energy uses, and interconnected grids. These solutions fall under a broader framework to deploy public finance for energy access. Read on. 👉 https://lnkd.in/gci9UPEh  #MinigridsForAfrica #CleanEnergy #ClimateAction #EnergyTransition  #RenewableEnergy

🔔 NEW STATE AID BLOG POST: 𝐀𝐜𝐜𝐞𝐥𝐞𝐫𝐚𝐭𝐞𝐝 𝐑𝐨𝐥𝐥𝐨𝐮𝐭 𝐨𝐟 𝐑𝐞𝐧𝐞𝐰𝐚𝐛𝐥𝐞 𝐄𝐧𝐞𝐫𝐠𝐲 The Temporary Crisis and Transition Framework for State aid expired on 31 December 2024. However, certain provisions remain in force until 31 December 2025. Those provisions are the following: Section 2.5.1: Investment aid for accelerating the rollout of renewable energy and for energy storage. Section 2.5.2: Operating aid for accelerating the rollout of renewable energy and for energy storage. Section 6: Aid for the decarbonisation of industrial production processes through electrification and/or the use of renewable and electricity-based hydrogen fulfilling certain conditions and for energy efficiency measures. Section 2.8: Aid for accelerated investments in sectors strategic for the transition towards a net-zero economy. Read the full blog post here: https://loom.ly/iMjXuBo 𝐒𝐭𝐚𝐲 𝐢𝐧 𝐭𝐡𝐞 𝐤𝐧𝐨𝐰 and 𝐬𝐮𝐛𝐬𝐜𝐫𝐢𝐛𝐞 to our 𝐛𝐥𝐨𝐠 𝐚𝐥𝐞𝐫𝐭𝐬 𝐭𝐨 𝐠𝐞𝐭 𝐮𝐩𝐝𝐚𝐭𝐞𝐬 𝐨𝐧 𝐭𝐡𝐞 𝐥𝐚𝐭𝐞𝐬𝐭 𝐛𝐥𝐨𝐠 𝐩𝐨𝐬𝐭𝐬: https://loom.ly/ZtQiNLg

ICYMI: The UK government is set to unveil an ambitious action plan to decarbonize its electricity system by 2030. This initiative, led by Chris Stark, marks a key step in the country's #energytransition, with significant targets for renewable energy production. L’article UK energy transition: an action plan for a low-carbon future est apparu en premier sur energynews.

#SUERFpolicybrief "Capital markets and renewable energy in the EU" by Florian Horky and Reiner Martin (Národná banka Slovenska) This policy brief examines the role of #capitalmarkets in accelerating the adoption of #renewable #energy sources across Europe. Well-designed transition strategies towards renewable energy are important to help mitigating climate change and to shield European economies from energy price volatility and geopolitical disturbances. Our findings show, that capital markets play an important role in speeding up the adoption of renewable energy production through more risk-tolerant investments. This applies in particular to investments in wind energy, but arguably also to large-scale investments in solar power generation. Results suggest that stronger EU capital markets and the completion of the #CapitalMarketsUnion (CMU) could play an important role in speeding up the transition towards a green EU energy sector. 📄https://lnkd.in/d95QBKxa

Be part of our APAC #power session on October 29, where industry experts will delve into the future of renewable energy certificates (RECs) in the region. With a projected fourfold rise in renewable contributions by 2050, we’ll examine the crucial elements affecting REC pricing, transaction methods, and policy advancements in key markets including Japan, China, South Korea, Australia and more. Reserve your spot now and join the energy transition movement! https://okt.to/M3Obem

China's early achievement of its 2030 renewables goal, six years ahead of schedule, is driven by aggressive policy support, massive state investments, and a focus on scaling renewable energy infrastructure. Key factors include rapid solar and wind power deployment, significant improvements in grid technology, and strong government backing for green technologies. However, while the achievement is impressive, it raises questions about long-term sustainability. Reliance on state subsidies, potential overcapacity, and the environmental impact of manufacturing renewable energy components pose challenges that must be addressed to ensure a truly sustainable transition. #RenewableEnergy #China #Sustainability #CleanEnergy #GreenTech