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Innovation & Project Execution for Offshore Wind Farms in Germany

perPrysmian Group, world leader in energy and telecom cable systems industry, announces that the interconnection between the Veja Mate offshore wind farm and the offshore grid connection system Borwin2 in the German North Sea has been successfully plugged in. The project was awarded to Prysmian by TenneT, the Dutch-German transmission system operator (TSO).

The interconnection consists of two 155 kV HVAC (High Voltage Alternate Current) submarine cables along a route of 11.4 km and links the Veja Mate to the “BorWin beta” offshore platform, where conversion from alternate current generated by the wind farms into direct current takes place in order to enable power transmission to the mainland by ways of the HVDC BorWin2 submarine cable link. The Global Tech I offshore wind farm is already connected to the “Borwin beta” platform.

The Borwin2 HVDC submarine cable connection has a transmission capacity up to 800 MW and consists of HVDC (High Voltage Direct Current) cables produced by Prysmian.

Prysmian has been supplying and installing cables system solution for a total of six TenneT HVDC offshore grid connection projects, four of which (BorWin2, HelWin1, HelWin2 and SylWin1) have already been completed. Another two HVDC connections (DolWin3 and BorWin3) are currently underway.

”Thanks to our focus on technological innovation and our project execution capabilities we play a leading role in partnering with our customers in the strategic sector of HVDC submarine cable transmission systems in a key area such as northern Europe” explained Massimo Battaini, Senior Vice President Energy Projects Prysmian Group.

Source: prysmiangroup.com

Trianel Toasts 17MW in Germany

Photo: Pixabay
Photo: Pixabay

Trianel Erneuerbare Energien has commissioned the 17.25MW Buchenau wind farm in Hesse in Germany. The project was developed by ABO Wind and acquired by Trianel last August. It features five Vestas V126 3.45MW turbines with tip heights of 200 metres.

Trianel said ABO Wind will operate the wind farm, which is expected to feed some 46 million kilowatt hours (kWh) of electricity a year to the grid.

Trianel has also acquired the 6MW Solarpark Uchtdorf photovoltaic plant in Tangerhutte in the German state of Saxony-Anhalt.

Developer Goldbeck Solar wrapped up installation of 22,464 modules at the 11-hectare site in December, Trianel said.

Solarpark Uchtdorf will receive a feed-in tariff of 8.91 euro cent per kWh and is expected to produce some 6 million kWh of electricity a year.

The power supplier said it will continue to cooperate with Goldbeck Solar on other PV projects.

Trianel Erneuerbare Energien executive Markus Hakes said: “With our latest projects we already accomplished more than half of our goal to operate at least 275MW of wind and solar plants across Germany by 2018.”

The company’s portfolio consists of 26MW of PV plants in Brandenburg and Saxony-Anhalt and six onshore wind farms in five German states totalling at 113MW.

Source: renews.biz

Wind Turbine Market Set for Rollercoaster Ride Through to 2020

Photo-illustration: Pixabay
Photo: Pixabay

The global market for wind turbines is set for a bumpy ride over the next five years, as analysts predict it will grow to $81.14bn in 2019, before dropping back to $71.21bn in 2020.

The forecasts, published yesterday by research and consulting firm GlobalData, suggest the market growth over the next three years will be powered by falling costs and continued government support for clean energy.

However, the scheduled expiration of US clean energy tax credits in 2020 is expected to prompt a $10bn nosedive in the turbine market as project pipelines dry up.

The US tax credit programme, which was extended by Congress in December 2015, works through a system of degression. According to Swati Gupta, GlobalData’s power analyst, this structure of the scheme will drive a surge of investment in wind power across the US over the next three years ahead of the 2020 cut-off date.

“The production tax credit (PTC0 for wind energy, which pays $23 per MWh, will remain until 2016, followed by incremental reductions in value for the years up to January 2020,” she said in a statement.

“The projects which start construction in 2017 will get 80 per cent of the credit, those that qualify in 2018 will get 60 per cent, and those in 2019 will get 40 per cent. The PTC for wind facilities will be phased out completely if the construction starts after December 31, 2019. Thus, the wind power market is expected to see a huge rush of capacity additions during 2016-2019 to take the benefits of tax credit extensions before they expire.”

However, other countries are expected to maintain a relatively stable growth trajectory over the period, with China expected to account for 26 per cent of the turbine market by 2020, followed by Germany, with 10 per cent.

Source: businessgreen.com

Oslo Temporarily Bans Diesel Cars to Combat Pollution

Photo: Pixabay
Photo: Pixabay

Oslo will ban diesel cars from the road for at least two days this week to combat rising air pollution, angering some motorists after they were urged to buy diesel cars a few years ago.

The ban will go into effect on Tuesday on municipal roads but will not apply on the national motorways that criss-cross the Norwegian capital. Better atmospheric conditions are expected on Thursday. Motorists violating the ban will be fined 1,500 kroner (£174).

This is the first time Oslo has implemented a ban of this type after the city council – made up of the Labour and Greens parties – agreed in principle in February 2016 on the use of such a measure.

“In Oslo, we can’t ask children, the elderly, and those suffering from respiratory problems to remain holed up at home because the air is too dangerous to breathe,” a Greens city councillor Lan Marie Nguyen Berg said.

The measure has angered some motorists, who were encouraged in 2006 by Norwegian authorities to opt for diesel vehicles, which at the time were considered a better environmental choice than petrol-fuelled cars.

“Make up your minds. It wasn’t very long ago that diesel was recommended over petrol by Jens (Stoltenberg, Norway’s former prime minister, now Nato’s secretary general). Not sure you really know what is best,” wrote an annoyed Irene Signora Maier Tziotas on the Facebook page of the newspaper Verdens Gang.

Mazyar Keshvari, an MP from the populist right Progress Party, which is a member of the coalition government, urged motorists to seek compensation.

“The biggest swindle of Norwegian motorists has now become a reality,” he told the Norwegian broadcaster TV2. “This was part of the red-green government’s (Stoltenberg’s coalition) ingenious climate measures.

“Not only did they recommend motorists to buy diesel cars, they also changed the taxes to make them less expensive. That led a lot of people buying a car that they can’t use now.”

Other Norwegians were more philosophical. “Very good measure. We should introduce a permanent ban on diesel in all big cities. The fines should also be doubled,” Kenneth Tempel wrote on VG’s Facebook page.

According to the Norwegian Institute of Public Health, air pollution causes 185 premature deaths in Oslo each year.

Source: theguardian.com

Saudi Aramco CEO Says Oil Will Dominate over Renewables for Decades

Foto-ilustracija: Pixabay
Photo: Pixabay

Demand for oil and gas will continue to grow for the next few decades and any fall in capital investment for the industry will cause “spikes” in prices and affect the global economy, according to the president and CEO of Saudi Arabian Oil Company (Saudi Aramco).

Speaking Tuesday at the World Economic Forum in Davos, Amin Nasser told a Wall Street Journal panel that renewable energy will gain a market share over the long term but it would not be dominant.

 “It will take decades for them (renewables) to replace petroleum resources. So what we are doing in Saudi Aramco we are building our capacity in the oil,” he said.

 He said that the Kingdom of Saudi Arabia had oil capacity of 12.,5 million barrels per day and it continues to build on that capacity, as well as expanding its gas portfolio.

“We will be doubling our gas over the next decade,” he said at the event. “(This will) enable us to put more crude (oil) onto the market,” he added.

Oil prices have seen a dramatic fall since mid-2014 due to oversupply in the industry with analysts also noting a fall in demand. Saudi Aramco has underlined plans to diversify their production.

The Saudi Aramco CEO iterated that there was still healthy demand, however, even withlong-termm predictions that stretch out to 2060. He added that oil “will be with us for decades.”

He said that more expansion is need needed in the sector and more capital would be required.

Source: cnbc.com

ChargePoint Launches Express Plus Modular Fast-Charging Hardware

Photo-illustration: Pixabay

It’s an interesting moment to contemplate the future of DC fast charging for electric cars right now.

Electric cars with 200 miles or more of range are starting to hit the market, with half a dozen expected to be in showrooms three years hence.

And international standards groups are working to boost fast-charging rates from the 50-kilowatt level found today to as much as 150 or even 300 kw.

While Tesla Motors has laid out the model for a national network of fast-charging sites along highways in multiple countries, the rest of the industry is at least a few years behind.

And no carmaker is likely to replicate the vision, dedication, and commitment to fast charging that the Silicon Valley carmaker displayed starting three years ago.

That said, the number of fast-charging stations for non-Tesla cars that will likely be live five years from now will likely dwarf the Supercharger network at its current size.

The company’s goal in designing the Express Plus system was to create “future-proofed” hardware that cut the cost as much as possible for charging-site owners.

More than that, he said, the company felt it was crucial to avoid requiring specific models of car to park in specific slots in order to charge at their maximum capability.

The Express Plus charging station themselves have two cables, which will likely be configured with one for each of the CCS and CHAdeMO charging plugs.

That gives it a maximum output power of 500 kw at 400 amperes, which can be distributed among up to eight separate charging stations—meaning that it can charge vehicles with even the very highest charging rates envisioned for 2020 or later.

Importantly, that output can be dynamically split among different charging stations as vehicles near their end of their charging curves and different models come and go—assuming the multiple charging spaces at the site where it’s installed are cross-connected when they’re built.

ChargePoint’s hardware comes with a suggested construction plan with interconnections among parking spaces that takes advantage of the capability to allocate power among vehicles dynamically as needed.

Source: greencarreports.com

Paris Vehicle Pollution Sticker Scheme Comes into Force

Photo-illustracija: Pixabay
Photo: Pixabay

Drivers in Paris must display an anti-pollution sticker in their vehicles or face fines in the latest attempt by the French authorities to improve air quality.

The sticker scheme, which became mandatory on Monday, includes cars, lorries, motorcycles and scooters, and bans some vehicles from the city during weekdays.

It follows numerous spikes in pollution in which smog has descended over the French capital, forcing traffic reduction measures and the introduction of free public transport on the worst days.

The six different coloured Crit’Air (air criteria) stickers indicate the age and cleanliness of a vehicle. Certain vehicles – including petrol and diesel cars registered before 1996; vans registered before 1997; pre-2000 scooters and motorbikes; and lorries, trucks and buses from before 2001 – are banned from the city between 8am and 8pm.

Foreign-registered vehicles have been given until March to obtain their stickers, which cost €4.18 each, payable online.

The scheme was unveiled last year and stickers have been available since July.

The French government announced 1.4m Crit’Air stickers had been ordered through the official website, but a police check carried out across Paris last week found only one in 50 vehicles stopped had the sticker.

About 600,000 vehicles are estimated to drive in and around the city every day. Those found without stickers can be fined €68 for cars and €138 for lorries. Other cities in France have anti-pollution sticker schemes, but Paris has chosen to make it permanent. The authorities say that in the event of high pollution it will make it easier to ban less clean vehicles from the city, instead of banning half of all cars depending on the registration plate, as has been done up until now.

The mayor of Paris, Anne Hidalgo, has made it clear she will continue her campaign to reduce by half the number of cars in the city by making life increasingly difficult for motorists.

City hall plans include closing roads to traffic and pedestrianising areas of the capital as well as an eventual ban on all diesel vehicles.

“More cars means more pollution, fewer cars means less pollution. It seems obvious but in this post-truth age there are those who would argue that fewer cars means more pollution. We prefer to stick to the truth,” Hidalgo told journalists last week.

Experts dispute the estimated number of premature deaths caused by air pollution in France, but Hidalgo said there were about 40,000 a year.

“The lead particles are found not just in the lungs, but the heart and brain, especially those of children. So we will continue to try to make Paris a city where people can breathe.”

Source: theguardian.com

City of London Grants ClientEarth £100,000 to Expand Air Pollution Work

Photo: Pixabay
Photo: Pixabay

ClientEarth has been awarded £100,000 to expand its work tackling air pollution in the UK capital by the City of London Corporation’s charity arm, City Bridge Trust.

Announced late last week, the funding has been earmarked for a new project that will see the environmental law firm work alongside London businesses to boost their awareness of the effects of air pollution and the action they can take to tackle it.

ClientEarth, which is based in London, will also seek to build business support for policies which aim to improve air quality in the capital.

The law firm has been embroiled in a long-running legal battle with the UK government over levels of nitrogen dioxide air pollution in a number of UK areas – including London – that are in breach of EU clean air legislation.

After a key battle in the High Court last year, the Department for Environment, Food and Rural Affairs (Defra) was ordered to scrap its existing national plan for tackling air pollution and draw up a set of stronger proposals for cleaning up the UK’s air by July 2017.

According to ClientEarth, London has some of the worst air quality in the UK and the organisation wants the city to become a world leader in sustainable transport while also implementing a more stringent Ultra Low Emission Zone in the centre, as the Mayor Sadiq Kahn plans to do before 2020.

ClientEarth spokesman Simon Alcock said it was the “perfect time” to be engaging businesses about air quality following the law group’s victory against Defra and the drive to improve London’s air quality led by the new Mayor.

“The solutions to solving our clean air crisis should benefit business and consumers,” said Alcock in a statement. “It will help protect the health of employees and make London a more desirable place to work and live. It will also create economic opportunities for businesses that develop the new products and services we will need to clean up London’s air. We want to build business support for this shift and to help make London a world leader in sustainable urban transport and clean technologies.”

Alison Gowman, chairman of the City Bridge Trust Committee, said tackling air pollution is a priority for the City of London Corporation, which she said is “keen to help ClientEarth work with the capital’s businesses to improve London’s air quality.

“We are committed to supporting Londoners to make the capital a healthier and fairer place to work and live,” said Gowman. “We are delighted to have helped so many projects through the fund that are opening up incredible opportunities and enhancing lives.”

Source: businessgreen.com

IKEA UK Reveals Sustainable Product Sales Surge

Photo-illustration: Pixabay
Photo-illustration: Pixabay

IKEA has achieved zero waste status across its UK and Ireland operations alongside strong sales growth for its ‘sustainable life at home products’, according to its sustainability report for 2016.

Published today, the report claims IKEA recycled 90.6 per cent of the near-40,000 tonnes of waste it produced in the UK and Ireland between September 2015 and August last year, while using the remaining 9.4 per cent for energy recovery.

The Swedish retailer also saw a 13.3 per cent sales growth – an increase of £76.8m – among its ‘sustainable life at home’ product range, which is aimed at helping consumers live more healthily while saving on domestic wastage and energy and water use.

In addition, the report details how IKEA increased its renewables production, generating 43.4 per cent of the energy it used from renewable sources. By 2020, the company aims to produce as much energy from renewables as it consumes across its global operations.

However, the news comes alongside claims from the Swedish furniture firm’s UK and Ireland sustainability head, Joanna Yarrow, that the company is holding off investing more in renewables projects in the UK amidst concerns over UK government policy.

The firm has over €600m earmarked to spend on renewables projects following an original commitment to invest €1bn in clean energy capacity. However, Yarrow told the Huffington Post, the firm was likely to focus the investment on regions outside the UK as the existing “political context” in the UK did not encourage investment in renewables.

She said that since the Coalition Government came to power in 2010 it had become more difficult to invest in renewable energy but that IKEA “would like to see that change”.

The company has primarily focused its renewables investment on onshore wind farms and solar arrays, both of which have faced steep cuts to subsidies and planning hurdles in the UK in recent years.

But a spokesman for the Department for Business, Energy, and Industrial Strategy insisted Britiain remained “one of the best places in the world to invest in clean energy”.

“Last year a record high £13bn was invested in renewables across the UK and in November we reiterated our commitment to spend a further £730m per year supporting new projects,” the BEIS spokesman said in a statement.

Elsewhere in today’s 2016 sustainability report, IKEA said it sold 2.3 million LED light bulbs in the UK and Ireland, leading to estimated overall savings of £19.5m in household energy bills and the avoidance of more than 42,000 tonnes of CO2 emissions.

The report also highlights the success of several sustainability programmes, such as its three-year ‘Live LAGOM’ scheme in partnership with the University of Surrey and sustainability charity Hubbub that aims to encourage consumers and staff to live with ‘just the right amount’ of resources.

Yarrow said sustainability was “important to everyone at IKEA” and vital to the firm’s business success.

“The entire business is focused on making our ambitions reality and it’s fantastic to witness such positive change over the last year,” she said in a statement. “We’re looking forward to working together with customers and co-workers in 2017 to find even more ways to live more sustainably and make a big difference to both people and the planet.”

Source: businessgreen.com

Saudi to Launch $30-50 Billion Renewable Energy Program Soon: Minister

Photo: Pixabay
Photo: Pixabay

Saudi Arabia will launch in coming weeks a renewable energy program that is expected to involve investment of between $30 billion and $50 billion by 2023, Saudi Energy Minister Khalid al-Falih said today.

Falih, speaking at an energy industry event in Abu Dhabi, said Riyadh would in the next few weeks start the first round of bidding for projects under the program, which would produce 10 gigawatts of power.

In addition to that program, Riyadh is in the early stages of feasibility and design studies for its first two commercial nuclear reactors, which will total 2.8 gigawatts, he said.

“There will be significant investment in nuclear energy,” Falih said.

Under an economic reform program launched last year, Saudi Arabia is seeking to use non-oil means to generate much of its additional future energy needs, to avoid running down oil resources which are required to generate foreign exchange through exports.

Falih said Saudi Arabia was working on ways to connect its renewable energy projects with Yemen, Jordan and Egypt. “We will connect to Africa to exchange non-fossil sources of energy,” he said, without elaborating.

Its finances strained by low oil prices, Riyadh wants to conduct many of its future infrastructure projects through partnerships in which private companies from within the kingdom and abroad would bear much of the cost and risk.

Source: reuters.com

The World Economic Forum Focus on Climate Change

The World Economic Forum is devoting 15 sessions of its 2017 annual meeting to climate change, and nine more to clean energy – the most ever on the issues.

It reflects how much is at stake. For global business leaders, it’s not just a question of burnishing their green credentials, but about billions of dollars – maybe even trillions – in potential profits and losses. Insurers are starting to price-in more frequent flooding and droughts; energy giants are shaping their business for a world that’s moving away from oil and coal; car makers are putting real money into electric vehicles; banks want to lend money for renewable electricity projects.

“The good thing is that the Paris agreement raised the bar for everyone,” said Ben van Beurden, the head of Royal Dutch Shell Plc, Europe’s largest oil group. “Everybody feels the obligation to act.”

Achieving the ambitions set out in Paris may require $13.5 trillion of spending through to 2030, according to International Energy Agency data that show the scale of the opportunity for business. Only last year, clean energy investment stood at $287.5 billion, data compiled by Bloomberg New Energy Finance indicate.

Source: bloomberg.com

Montenegro’s Pristine Lake Skadar Threatened by New Resort

Photo: Pixabay
Photo: Pixabay

Tourism in Montenegro is booming, but the approval of plans for a new ‘eco-resort’ has led to protests from conservationists who fear it will threaten a stunning national park.

Like it’s Adriatic neighbour Croatia, Montenegro is a rapidly-growing travel destination: in 2016 there were nearly 1.5 million visits from international tourists – up 6.9% on 2015. But although the country is known for eco-tourism and as a “soft adventure” hotspot, tourism development hasn’t been without controversy.

Despite local concern and protests, many concrete resorts have sprung up. In coastal Budva, for example, international developers were recently given permission to convert a second world war concentration camp on Mamula island into a luxury resort.

The latest controversy involves Lake Skadar national park, a protected wilderness area and southern Europe’s largest lake. According to a report in New Scientist, “more than 280 bird species are found at this largely pristine lake, as well as nearly 50 fish species, 18 of which are found nowhere else, earning it a place on the Ramsar Convention list of Wetlands of International Importance”. It is under threat after the government gave the go-ahead for the building of a luxury resort, Porto Skadar Lake. The resort will sleep 600 guests in 30 villas and feature a marina. Several hydropower projects are also planned, on the lake’s major tributary, further endangering biodiversity.

At present, the only thing that disturbs the waters on the shores of the lake is wildlife (including the rare Dalmatian pelican and endangered otters) and the odd monk in a boat from the 14th-century Kom monastery.

Local conservationists know that it will take more than a monk’s prayers to stop the hotel development, especially as the bulldozers are now in place and preliminary digging started last month, with a completion date in 2019. Conservationists consider this to be a slippery slope towards destruction of the park.

“The government said it had a public discussion about the plans and no one turned up, but it was only advertised a week in advance, and in a newspaper no one reads,” said activist Milan Knezevic, who has set up the Save Skadar Lake Facebook page, as well as a Twitter site and a petition on change.org. Supporters protested on 20 December and gained signatures committing to a moratorium on the construction from nearly half of the country’s government ministers. Yet the digging still began eight days later.

Montenegro’s tourism ministry claims all procedures “were in accordance with the law and good practice”, something Knezevic contests. “There is no control of illegal activities in the national park and any claim by the government that the resort will be closely monitored is a fantasy. There are already more than 100,000 illegal buildings in Montenegro. The government is planning to privatise all five national parks in Montenegro. I don’t want to speak about my country’s beauty in the past tense, as we’re already doing about parts of the Montenegrin coast.”

In the UN’s International Year of Sustainable Tourism for Development, plans for these resort aren’t ticking any environmentally responsible tourism boxes says Justin Francis, founder of Responsible Travel: “I hope the Montenegrin government will recognise the long-term ecological and economic value of protecting Lake Skadar from destructive, large-scale tourism developments.”

As one can assume the monks who live on the lake would say, amen to that.

Photo: Egmont Strigl

Source: theguardian.com

 

Suzlon Tops 10GW in India

Foto: Pixabay
Photo: Pixabay

Suzlon Group has installed wind turbines totalling 10GW in India, out of a global total of more than 15.5GW.

The company said the Indian milestone includes over 7500 machines deployed in the Asian country.

Suzlon chairman and managing director Tulsi Tanti said: “This landmark achievement is a testament of the customer confidence in Suzlon’s technologically advanced products and project execution and service capabilities.

“We are committed towards a ramp up in volumes, expand presence in focus markets, realising business efficiencies, introduction of new generation products and enable digitisation to enhance services and continuous optimisation of the capital structure.”

Source: renews.biz

Climate Change: 90% of Rural Australians Say their Lives are Already Affected

Photo-illustration: Pixabay
Photo: Pixabay

Ninety per cent of people living in rural and regional Australia believe they are already experiencing the impacts of climate change and 46% believe coal-fired power stations should be phased out, according to a new study.

A poll of 2,000 people conducted by the Climate Institute found that 82% of respondents in rural and regional Australia and 81% of those in capital cities were concerned about increased droughts, flooding and destruction of the Great Barrier Reef due to climate change, and 78% of all respondents were concerned there would be more bushfires.

About three quarters of all respondents – 76% in capital cities and 74% in rural or regional areas – said ignoring climate change would make the situation worse and about two-thirds said they believed the federal government should take a leading role.

However, only a third of respondents said the federal government should be contributing to action on climate change.

Instead, two-thirds, (67% in capital cities and 71% in regional areas) said individuals should be contributing to action on climate change and about half said state and local governments and businesses should be contributing to action on climate change.

The majority of people – 59% in capital cities and 53% in regional areas – said solar was their preferred energy source, followed by wind and hydro.

Only 3% of respondents in the city and 4% in regional areas said coal was their preferred energy source.

Nicky Ison, the director of the Community Power Agency, which represents 80 grassroots groups, said the results showed that concern about climate change was not limited to inner-city suburbs.

“I think there’s a misconception that concern is mainly held in the city and I think there are some strong voices, particularly in rural and regional Australia, that have exaggerated or stoked that misconception,” Ison said.

“A vocal minority gets a lot of traction, probably because they have a greater access to megaphones.”

Matthew Charles-Jones is a co-president of Totally Renewable Yackandandah, a community-run initiative that aims to make the small town, 300km north-east of Melbourne, entirely run on renewable power by 2022.

Charles-Jones said the group was motivated by energy security and rising electricity costs but members were also concerned about the effects of climate change.

“We have been threatened by bushfire roughly every three years for the last decade,” he said.

The last bushfire was in December 2015. “It’s very real for us in Yackandandah,” Charles-Jones said.

Source: theguardian.com

New IRENA Report Details about Renewables

There is new comprehensive publication released by the International Renewable Energy Agency (IRENA). REthinking Energy, now in its third edition, was released yesterday at IRENA’s seventh Assembly, the Agency’s ultimate decision-making authority.

“Renewables are gaining ground by nearly every measure. Accelerating the pace of the energy transition and expanding its scope beyond the power sector will not only reduce carbon emissions, it will improve lives, create jobs, achieve development goals, and ensure a cleaner and more prosperous future,” said IRENA Director-General Adnan Z. Amin.

The publication highlights how global investment in renewables has steadily grown for more than a decade, rising from less than USD 50 billion in 2004 to a record USD 305 billion in 2015. Despite this enormous growth, current investment and deployment levels are making headway to meet international carbon reduction targets.

The publication provides insights on the innovations, policy and finance driving further investment in sustainable energy system, including that:

-Renewable energy auctions are gaining popularity in developed and developing countries, generating record-breaking low energy prices;

-Demand for battery storage is increasing rapidly and playing a larger part in integrating variable renewables;

-New capital-market instruments are helping increase available finance by offering new groups of investors access to investment opportunities;

-Institutional investors are moving into renewable energy as it offers stable returns over the long term;

-New business models promise new ways to finance renewable energy.

The publication states that solar PV will grow the fastest in terms of capacity and output, and new ways to store electricity will be a game changer for growing variable renewable energy generation. IRENA estimates that battery storage for electricity could increase from less than 1 GW today to 250 GW by 2030.

Off-grid renewables provide electricity to an estimated 90 million people worldwide, and enable people to climb the energy ladder. They are cost-effective and can be installed in modular fashion, linked to grid extension plans. REthinking Energy describes how off-grid solutions can provide modern energy access to hundreds of millions of more people and achieve development goals.

Source: irena.org

GIZ in Germany Is Climate Nutral

For the first time, the greenhouse gas emissions of the company’s operations in Germany have been offset through a GIZ self-initiated climate change mitigation project.

As a federally-owned enterprise and service provider for sustainable development, the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH plays a pioneering role in climate change mitigation. Among other goals, the company aims to become climate-neutral. This includes avoiding and reducing greenhouse gas emissions: in the past five years, GIZ has been able to reduce the annual emissions per staff member in Germany by 25 per cent. The remaining emissions were previously offset by purchasing certificates from various climate change mitigation projects.

But now, for the first time, we have been able to offset all emissions from operations in Germany through a GIZ self-initiated climate change mitigation project. In Thailand, GIZ is supporting the company Chumporn Palm Oil Industry in using wastewater from palm oil production in biogas plants, thereby capturing methane, which not only smells bad but is also harmful to the climate. The biogas replaces fossil fuels and helps reduce emissions. And the local population also benefits through the improved quality of the local water and air.

The United Nations Framework Convention on Climate Change (UNFCCC) certified the project with 34,893 certificates which can be used to offset GIZ’s own emissions. The certificates also meet strict international criteria. The Gold Standard and the United Nations’ clean development mechanism document the environmental and social sustainability of projects and review their development policy impact. The emissions from GIZ operations in Germany in 2014 were offset at the end of October 2016 with 20,441 certificates.

Source: giz.de