Badrivishal B’s Post

I’m thrilled to have attended the EU Sustainable Energy Week in Brussels. It was an inspiring event filled with insights into the future of sustainable energy. Here are my key takeaways: 1. The growth and potential of renewable energy sources like wind, solar, and hydro are more promising than ever. Innovative technologies are making these sources more efficient and cost-effective, paving the way for a greener future. 2. Decarbonisation strategies are at the forefront of the EU’s agenda. From policy frameworks to corporate initiatives, there is a collective push towards reducing carbon emissions and achieving net-zero targets. The emphasis on clean energy transitions and electrification of sectors is crucial in this journey. 3. Enhancing energy efficiency remains a critical component in tackling climate change. Advances in smart grid technologies, energy storage solutions, and building retrofits are driving significant improvements in energy conservation and efficiency. The week was filled with thought-provoking sessions, dynamic discussions, and invaluable networking opportunities. Let’s continue to drive innovation and collaboration in sustainable energy! #EUSEW #EU

Milan was the stage for powerful discussions on the future of energy. Enlit Europe has come to an end, but the ideas and connections created continue to drive our commitment to the energy transition. This year, leaders and experts in energy and technology gathered in Milan, Italy, with EDP standing out in essential discussions for the sector. Over three dynamic days, specialists covered key topics for the future of energy, reinforcing EDP’s role as a global leader and collaborating with industry peers to shape a more sustainable Europe. These collaborative efforts reaffirm our commitment to climate action and reflect our determination to lead the path toward a sustainable energy future. Together, we’re on the right path! #EDPWeChooseEarth #AllGreen2030

🌍 Global Clean Power Alliance Launched to Triple Renewable Energy Capacity by 2030 🌍 In a groundbreaking initiative announced at the G20 summit in Brazil, UK leader Keir Starmer and Brazilian President Lula da Silva have launched the Global Clean Power Alliance (GCPA). This coalition aims to triple global renewable energy capacity by 2030, marking a significant step toward reducing carbon emissions and combating climate change. (Source: https://lnkd.in/e9-YGdrn) The GCPA will focus on: Unlocking massive investments in renewable energy projects. Supporting developing nations in their climate transition. Removing financial barriers to enable access to private investments. Providing technical assistance for clean energy initiatives. Countries including Canada, France, and Germany have committed to this alliance, highlighting a unified global effort to address the climate crisis. This initiative not only underscores the urgency of climate action but also presents vast opportunities for innovation, job creation, and sustainable development worldwide. Why not support this transformative journey toward a cleaner, greener future? #RenewableEnergy #Sustainability #ClimateAction #GlobalCleanPowerAlliance

The winds of change are sweeping across Europe as it boldly advances towards a sustainable future. Renewable fuels are at the vanguard of this seismic shift, transforming the continent's energy landscape. 🌱⚡️ From solar to wind and bioenergy, Europe is not just cutting emissions but propelling a movement that could redefine global energy norms. With growing investments and innovation, the renewable sector points towards not only environmental stewardship but also significant economic opportunity. However, the road ahead isn't without challenges. Infrastructure, policy, and market dynamics all dance in a complex interplay that will determine the pace of this transition. 🛣️ Yet, the promise of cleaner air, energy independence, and job creation holds strong as millions across the continent rally for this green revolution. As stakeholders ponder the next steps, it's clear that collaboration, investment in technology, and supportive legislation will be key. The journey to a fully renewable energy system is convoluted, but Europe's commitment serves as a beacon for others to follow. #RenewableEnergy #SustainableFuture #EuropeEnergyTransition

The rapid growth of solar energy is key to achieving climate goals and addressing global climate change. Responsible politicians are keen to point out that we are on the right track in this respect. Based on the capacity installed last year and the increasing supply from renewable sources. Unfortunately, there are significant challenges that many companies in the solar industry in Europe and Germany are currently facing: ❌ oversupply from Asian competitors, ❌ lack of incentives for European companies, ❌ uncertainties ahead of upcoming elections in the EU and the US. That is why I support the Green Deal Declaration, which we have signed together with 500 cross-sector companies and organizations. Our demands are clear: confirm the EU Green Deal as a top priority in the next EU Strategic Agenda, and complement it with a Clean Industrial Deal that is in line with the Green Deal objectives: ✅ Align all EU financial instruments with the Green Deal objectives for 2030 and beyond, including ✅ establishing a new Clean Industrial Deal Investment Plan as part of the next EU budget; supporting cities and regions in the transition. ✅ Appoint an Executive Vice-President for both the Green and Industrial Deals to ensure both competitiveness and decarbonization objectives are met in the most efficient way. Let’s not gamble on our future, let’s build it. Read the full joint statement here: https://lnkd.in/dRDExpVm #GreenDealforEU #EUCO SolarPower Europe

Yesterday was the start of #POLITICOSustainableWeek! "The transition is not happening quickly enough. However, this year marks a pivotal moment, as the International Energy Agency (IEA) projects global investment in clean energy alternatives will surpass $2 trillion—nearly double the amount being invested in new fossil fuel projects. The exponential growth in solar and renewables is undeniable, but we must accelerate this progress. Electrification of transport and heating is essential as well to meet the pace required. Europe has the potential to lead this transition.” - Eamon Ryan, Irish Minister for the Environment, Climate, Communications and Transport. Here at #REVOLVE, we work with clean energy projects, and help spread the word on clean energy alternatives. Explore our work here: https://lnkd.in/d8bAb-Vm Make sure to follow us for more #insights from key sustainability events. POLITICO

Meanwhile, in France. The France2030 programme aim to boost productivity and increase the competitiveness of French businesses by encouraging investment and innovation in priority sectors to drive growth.    The energy sector is defined as one of them, and sustainable and renewable heating is a prime focus area.    France aim to grow it’s market share of district heating from today’s 7% reaching 20% by 2030, focusing on implementing renewable resources. To support the transition, financial support via Le Fonds Chaleur allots 250 million euros per year. With more than 60% renewable and waste heat energy, the French district heating sector have reduced the CO2 emissions by half over the last decade. France aim to reach 73% renewable and waste heat energy by 2030.  Une initiative digne d'éloges. 👏🏻👏🏻👏🏻   The Swedish climate-tech industry has a broad range of solutions to support and accelerate the French transition.  Solutions that are already available on the market and need to get implemented in a larger and faster scale. Collaborations are now being established. Let’s be ambitious!   Climate impact by #SmarterEnergy

Yesterday, the Draghi Report on European competitiveness was officially presented at the European Commission, outlining strategic priorities to drive the EU's economic growth. The report emphasises key areas for development, including energy, innovation, and digital transformation, which are essential for strengthening Europe’s resilience in an evolving landscape. Our General Manager, Ewa Abramiuk-Lété, shared her insights on the report: “𝘛𝘩𝘦 𝘋𝘳𝘢𝘨𝘩𝘪 𝘙𝘦𝘱𝘰𝘳𝘵 𝘩𝘪𝘨𝘩𝘭𝘪𝘨𝘩𝘵𝘴 𝘵𝘩𝘦 𝘶𝘳𝘨𝘦𝘯𝘵 𝘯𝘦𝘦𝘥 𝘧𝘰𝘳 𝘢 𝘵𝘦𝘤𝘩𝘯𝘰𝘭𝘰𝘨𝘺-𝘯𝘦𝘶𝘵𝘳𝘢𝘭 𝘢𝘱𝘱𝘳𝘰𝘢𝘤𝘩 𝘵𝘰 𝘣𝘰𝘰𝘴𝘵𝘪𝘯𝘨 𝘌𝘶𝘳𝘰𝘱𝘦'𝘴 𝘤𝘰𝘮𝘱𝘦𝘵𝘪𝘵𝘪𝘷𝘦𝘯𝘦𝘴𝘴 𝘪𝘯 𝘴𝘶𝘴𝘵𝘢𝘪𝘯𝘢𝘣𝘭𝘦 𝘦𝘯𝘦𝘳𝘨𝘺 𝘴𝘰𝘭𝘶𝘵𝘪𝘰𝘯𝘴. 𝘙𝘦𝘯𝘦𝘸𝘢𝘣𝘭𝘦 #𝘭𝘪𝘲𝘶𝘪𝘥𝘨𝘢𝘴𝘦𝘴 𝘭𝘪𝘬𝘦 𝘓𝘗𝘎 𝘢𝘯𝘥 𝘋𝘔𝘌 𝘸𝘪𝘭𝘭 𝘣𝘦 𝘬𝘦𝘺, 𝘰𝘧𝘧𝘦𝘳𝘪𝘯𝘨 𝘭𝘰𝘸𝘦𝘳 𝘦𝘮𝘪𝘴𝘴𝘪𝘰𝘯𝘴, 𝘷𝘦𝘳𝘴𝘢𝘵𝘪𝘭𝘪𝘵𝘺, 𝘢𝘯𝘥 𝘴𝘤𝘢𝘭𝘢𝘣𝘪𝘭𝘪𝘵𝘺 𝘵𝘰 𝘥𝘳𝘪𝘷𝘦 𝘵𝘩𝘦 𝘦𝘯𝘦𝘳𝘨𝘺 𝘵𝘳𝘢𝘯𝘴𝘪𝘵𝘪𝘰𝘯. 𝘛𝘩𝘦𝘴𝘦 𝘴𝘰𝘭𝘶𝘵𝘪𝘰𝘯𝘴 𝘢𝘳𝘦 𝘦𝘴𝘱𝘦𝘤𝘪𝘢𝘭𝘭𝘺 𝘤𝘳𝘶𝘤𝘪𝘢𝘭 𝘧𝘰𝘳 𝘳𝘶𝘳𝘢𝘭 𝘌𝘜 𝘢𝘳𝘦𝘢𝘴 𝘸𝘪𝘵𝘩 𝘭𝘪𝘮𝘪𝘵𝘦𝘥 𝘦𝘯𝘦𝘳𝘨𝘺 𝘨𝘳𝘪𝘥 𝘢𝘤𝘤𝘦𝘴𝘴. 𝘈𝘴 𝘌𝘶𝘳𝘰𝘱𝘦 𝘴𝘵𝘳𝘪𝘷𝘦𝘴 𝘵𝘰 𝘮𝘦𝘦𝘵 𝘪𝘵𝘴 𝘤𝘭𝘪𝘮𝘢𝘵𝘦 𝘵𝘢𝘳𝘨𝘦𝘵𝘴, 𝘵𝘩𝘦𝘴𝘦 𝘨𝘢𝘴𝘦𝘴 𝘯𝘰𝘵 𝘰𝘯𝘭𝘺 𝘴𝘶𝘱𝘱𝘰𝘳𝘵 𝘦𝘯𝘷𝘪𝘳𝘰𝘯𝘮𝘦𝘯𝘵𝘢𝘭 𝘨𝘰𝘢𝘭𝘴 𝘣𝘶𝘵 𝘢𝘭𝘴𝘰 𝘦𝘯𝘩𝘢𝘯𝘤𝘦 𝘵𝘩𝘦 𝘤𝘰𝘮𝘱𝘦𝘵𝘪𝘵𝘪𝘷𝘦𝘯𝘦𝘴𝘴 𝘰𝘧 𝘬𝘦𝘺 𝘪𝘯𝘥𝘶𝘴𝘵𝘳𝘪𝘦𝘴 𝘣𝘺 𝘱𝘳𝘰𝘷𝘪𝘥𝘪𝘯𝘨 𝘳𝘦𝘭𝘪𝘢𝘣𝘭𝘦, 𝘤𝘰𝘴𝘵-𝘦𝘧𝘧𝘦𝘤𝘵𝘪𝘷𝘦 𝘦𝘯𝘦𝘳𝘨𝘺. 𝘛𝘩𝘦 𝘌𝘶𝘳𝘰𝘱𝘦𝘢𝘯 𝘭𝘪𝘲𝘶𝘪𝘥 𝘨𝘢𝘴 𝘪𝘯𝘥𝘶𝘴𝘵𝘳𝘺 𝘪𝘴 𝘤𝘰𝘮𝘮𝘪𝘵𝘵𝘦𝘥 𝘵𝘰 𝘧𝘰𝘴𝘵𝘦𝘳𝘪𝘯𝘨 𝘪𝘯𝘯𝘰𝘷𝘢𝘵𝘪𝘰𝘯 𝘪𝘯 𝘳𝘦𝘯𝘦𝘸𝘢𝘣𝘭𝘦 𝘭𝘪𝘲𝘶𝘪𝘥 𝘨𝘢𝘴 𝘢𝘯𝘥 𝘴𝘶𝘱𝘱𝘰𝘳𝘵𝘪𝘯𝘨 𝘢 𝘴𝘶𝘴𝘵𝘢𝘪𝘯𝘢𝘣𝘭𝘦 𝘢𝘯𝘥 𝘤𝘰𝘮𝘱𝘦𝘵𝘪𝘵𝘪𝘷𝘦 𝘌𝘶𝘳𝘰𝘱𝘦𝘢𝘯 𝘦𝘤𝘰𝘯𝘰𝘮𝘺, 𝘸𝘪𝘵𝘩 𝘢 𝘧𝘰𝘤𝘶𝘴 𝘰𝘯 𝘦𝘮𝘱𝘰𝘸𝘦𝘳𝘪𝘯𝘨 𝘳𝘶𝘳𝘢𝘭 𝘤𝘰𝘮𝘮𝘶𝘯𝘪𝘵𝘪𝘦𝘴.”

It is important that the European industry takes a clear position right now! The protection of our climate must not become an issue for political calculation and populist arguments. We need European unity for the "Green Deal", for the transformation of our industry and society towards climate neutrality and sustainability! #allelectricsociety

Having had the honour to attend the European Sustainable Energy Week 2024 (#EUSEW2024) in Brussels, Belgium last week as one of the Youth Energy Ambassadors, I’d like to reflect on some of the most memorable insights. 🗾 Seeing that the Central and Eastern European countries make up 20% of the EU population and account for 17% of the EU electricity demand (E3G, CEE Bankwatch Network), leveraging the region’s potential for #renewables as well as for #energyefficiency is more critical for the #energytransition than we might think. Hence it was delightful to see NPOs such as CEESEN / Central Eastern European Sustainable Energy Network acting as the region's voice within the EU as well as numerous sessions on the CEE’s role in a more #sustainableenergy landscape. 💸 Of particular interest were thoughts on #cleantech finance by Marcin Wasilewski, CEO at EIT InnoEnergy CE. As the CEE’s perceived risk factor due to geopolitical factors is high, longer horizon and CapEx heavy investments are difficult to pursue. Yet, international financial institutions such as EBRD are well-suited to turn this challenge into an opportunity by helping to remove some of the barriers investors are facing. The ultimate goal thereby shall be fostering an #energytransition that allows the Union to not just create jobs, but to capitalize on tax benefits from European technologies. 🔬 Derisking cleantech projects is pivotal for the whole of Europe’s energy transition. Echoing the points of Thomas Östros, Vice President of European Investment Bank (EIB), ‘a third of the cuts in emissions is estimated to come from technologies that are either not yet available or at least not cost competitive. This means that we have to bet on technologies that we cannot find on the shelf’. As a lack of diversity in our sustainable energy technologies would increase Europe’s energy insecurity, we need to, moreover, create an enabling environment for a variety of novel technologies. This way, we may allow for outcomes that 'tick all the boxes', i.e., ones that next to being economically feasible, socially supported and globally competitive, are also secure. 🌿 Stay tuned for the Young Energy Ambassadors' letter to the next Energy Commissioner in which we detail our proposed approach to the above! 😉 CINEA - European Climate, Infrastructure and Environment Executive Agency