AEMO Plans 5 Energy Scenarios for Net Zero Latest by 2050 Updated On Fri, Jul 30th, 2021 by Saurenergy The Australian Energy Market Operator (AEMO) has published its “2021 Inputs, Assumptions and Scenarios Report” (IASR) incorporating five future energy scenarios which will inform AEMO’s 2022 Integrated System Plan (ISP). One of these scenarios, Hydrogen Superpower, comprises a zero emissions grid by 2035. The five scenarios are Slow Change, Steady Progress, Net Zero 2050, Step Change, […] Read more
After Capacity Battle, Shifting Renewables’ Focus to Generation Key, Says REN21 Updated On Mon, Jun 21st, 2021 by Saurenergy Even though renewables added 83% of new power capacity in 2020, their share in global electricity generation increased by only 2.7%, shows a new report by REN21, a think tank and a multi stakeholder governance group focused on renewable energy policy. The Renewables 2021 Global Status Report finds that despite the impacts of the COVID-19 pandemic, renewable […] Read more
Wind-based Electrification Will Drive Europe to Net Zero: WindEurope Updated On Wed, Jun 9th, 2021 by Saurenergy Electrification is the most cost-effective way to decarbonise Europe’s economy according to a report from ETIPWind and WindEurope out today. Wind energy will lead the process: the EU sees it being half of Europe’s electricity by 2050. With the right investments in grids and technology, the combined rate of direct and indirect electrification will be […] Read more
Global Energy Investments Far From a Net Zero Pathway: IEA Updated On Thu, Jun 3rd, 2021 by Saurenergy As spending rebounds towards pre-crisis levels, not enough is going into clean energy, especially in emerging market and developing economies, new IEA report finds Global investment in energy is set to rebound by nearly 10% in 2021 to USD 1.9 trillion, reversing most of last year’s drop caused the Covid-19 pandemic, but spending on clean […] Read more
Industry Welcomes Cabinet Approval for PLI Scheme for ACC Battery Storage Updated On Fri, May 14th, 2021 by Saurenergy IESA and its member companies have welcomed the Cabinet’s approval of the PLI Scheme on Advanced Chemistry Cell (ACC) Battery Storage India Energy Storage Alliance (IESA), India’s leading alliance on energy storage & e-mobility and its member companies have welcomed the Cabinet’s approval on the proposal by the Department of Heavy Industry for implementation of […] Read more
Global Finance is Mobilising to Meet East Asia’s Net-Zero Ambition: IEEFA Updated On Wed, May 12th, 2021 by Saurenergy Bolder emissions reduction targets by China, Japan and South Korea threaten Australian fossil fuel exports Chinese President Xi Jinping’s surprise announcement at the UN General Assembly in September 2020 that the world’s biggest emitter would become carbon neutral by 2060 has proved pivotal, writes Tim Buckley, IEEFA’s Director Energy Finance Studies, Australia/South Asia, in a […] Read more
Demand for Clean Minerals to Rise while Pursuing ‘Net-zero’ Goals: IEA Updated On Thu, May 6th, 2021 by Saurenergy In the most comprehensive global study yet, IEA shows need for government action to ensure reliable, sustainable supplies of elements vital for EVs, power grids, wind turbines and other key technologies Supplies of critical minerals essential for key clean energy technologies like electric vehicles and wind turbines need to pick up sharply over the coming […] Read more
Seven Key Principles for Implementing ‘Net-Zero’ Emissions: IEA Updated On Fri, Apr 30th, 2021 by Saurenergy The International Energy Agency (IEA) presented ‘The Seven Key Principles for Implementing Net Zero’ at the IEA-COP26 Net Zero Summit, held last month, which were then adopted by many IEA Member Countries to guide the implementation of net zero commitments. Over 120 countries have so far announced their intention to bring emissions to net zero […] Read more
Finance Needs to be at the Centre of India’s ‘Net Zero’ Discussion: IEEFA Updated On Fri, Apr 23rd, 2021 by Saurenergy India must exploit the growing pool of global capital as well as tap the resources of oil and gas majors pivoting to renewable energy With U.S. climate envoy John Kerry’s visit to India a rumour of a potential net zero announcement by India is doing the rounds. A recent flurry of reports and commentary has […] Read more