Benjamin Wolkon’s Post

New report provides pathways to floating wind port investment. Offshore Renewable Energy Catapult #FloatingWind #PortInvestment #RenewableEnergy #Innovation #SustainableDevelopment #CleanEnergy #GreenTechnology

In the news: "Once a leader in renewable energy projects, the province has become one of the only jurisdictions in the world trying to frustrate cheap, clean energy projects." Read the article! https://ow.ly/OBWx50QNPvJ

Independent clean energy think tank Climate Energy Finance has called for a $20 billion Future Fund mandate to enable renewables-powered processing of green metals and for measures to accelerate investment in firmed renewable energy at scale. #Renewables #Australia #Solarenergy

Petra Diamonds' recent signing of long-term power purchase agreements (PPAs) with Etana Energy to secure wheeled renewable energy for its Cullinan and Finsch mines marks a significant step towards achieving its environmental targets. By leveraging Etana's clean energy, primarily sourced from new large-scale wind projects, Petra aims to reduce its Scope 1 and 2 greenhouse gas emissions by 35% to 40% from its 2019 levels, well ahead of its 2030 goal. This shift not only supports Petra's commitment to environmental sustainability but also enhances the traceability and provenance of its diamonds, further distinguishing its products in the market. In scenarios like this, Soil Solutions could provide intelligent solutions tailored to mining and renewable energy sectors. By integrating our expertise in environmental management and innovative technology, we can offer sustainable practices that complement Petra’s efforts in reducing its carbon footprint. Our approach could assist in mitigating the environmental impact of mining operations while promoting the use of renewable resources, thereby contributing to the broader goal of sustainable development in the industry. For more on our Intelligent Mining and Renewable Energy solutions click the links https://lnkd.in/dXAQ_v8S https://lnkd.in/dR32Z2qU #miningnews #renewableenergy #cleanenergy #intelligentsolutions #greenhousegasemissions #innovativetechnology #sustainability #environmentallyfriendly #greenenergy #greenerfuture

Best invest in Building and talking about Fusion power, space, maritime propulsion systems and industry as data centres are. Great Headline, Guardian on Nuclear fission. https://lnkd.in/g8sMZtpR People talk about Nuclear (meaning Fission) and fail to discuss fusion. https://lnkd.in/ge_aeX7M The nuclear fission industry is ignorant of what's happening around it. It must pull its collective uranium heads out of the sand and prepare to enter the commercially growing fusion energy industry. Fission is moving towards obsolescence at an ever-increasing pace, as it is "out of step, out of time, out of place, and soon to be out of Fuel" and merely temporary. https://lnkd.in/gbd_mZqk By 2028, Helion is expected to start producing electricity from its first fusion commercial power plant, which will provide electricity to Microsoft. The plant will produce at least 50 MWe after an initial ramp-up period. https://lnkd.in/gY9J3MQY Now, see what is happening in the world of the fusion industry. https://lnkd.in/g9hMBD7a As fission trebles, fuel shortage is increasingly real, https://lnkd.in/gze5rwpr

LDES Cap & Floor Scheme announced The Department for Energy Security and Net Zero has announced a cap and floor scheme to support investment in long duration energy storage (https://lnkd.in/esuvUqU2). Such a mechanism was proposed in a consultation published in January and which closed in March, and it is not a surprise that this has been adopted as the way forward. Ofgem will act as the regulator and delivery body, and will design the investment scheme. DESNZ's full response to the consultation is yet to be published, but the scheme will have two application routes, one focussing on mature technologies, the other dedicated to new innovation. There is a pipeline of 3.7GW of pumped storage projects (at April 2024) including Drax Group's Cruachan II, SSE Renewables' (SSE plc) Coire Glas, Statkraft's Loch na Cathrach, Statera Energy's Loch Ness/Loch Kemp, Buccleuch's Glenmucklock, and Snowdownia Pumped Hydro's Glyn Rhonwy projects. Today's announcement is positive for each of these, and other technologies that might be brought forward. #LDES #pumpedstorage #flexibility #netzero

📢 Insightful Read on Energy Investment! 🌍🔋 We’re excited to share an informative article from Shale Magazine by writer Felicity Bradstock. The article discusses how the U.S. is increasing energy investments in Latin America to counter China’s dominance. Learn about the strategic moves to strengthen supply chains and boost renewable energy in this critical region. Read more at https://buff.ly/4cWvtfj #EnergyInvestment #RenewableEnergy #USvsChina #GreenTransition #LatinAmerica #CleanEnergy #SupplyChain #GlobalEnergy #ENMedia #ShaleMagazine #EnergyNetworkMediaGroup

Ingka Investments has acquired a 15% stake in Stage 2 of the 1,333 MW Golden Plains Wind Farm in Victoria, Australia, marking the company’s second investment in the €2.5 billion project. “Our 15% stake in Golden Plains Wind Farm Stage 2 highlights our dedication to securing renewable energy for IKEA retail countries and advancing sustainability goals,” said Frederik de Jong, Ingka Investments Head of Renewable Energy. “This move comes as we are accelerating our investments in renewable energy and circularity to support Ingka Group’s net-zero science-based targets and commitment to reach net-zero by 2050.” Ingka’s also acquired a 15% stake in Stage 1 of the Golden Plains Wind Farm in 2023, which represented its first major utility-scale renewable energy investment in Australia at the time. Stage 1 of the project features a capacity of 756 MW and has already started generating electricity, enough to power 765,000 homes, following 20 months of construction. The wind farm consists of 215 turbines, each standing 149 metres tall with 79-metre blades. The 577 MW Stage 2 of the Golden Plains Wind Farm is slated for completion in mid 2027. Similar to Stage 1, Ingka Investments will be able to claim up to 15 percent of Stage 2’s electricity output. Mirja Viinanen, CEO and Chief Sustainability Officer of IKEA Australia, noted: “We believe the future of energy is renewable, and Australia has such rich potential to harness these sources, especially wind and solar. This investment from Ingka Investments will not only help reduce our local footprint but also contributes to further growth in the Australian renewable energy sector.” Franck Woitiez, CEO of TagEnergy, which is Ingka’s partner on the project, added: “We are proud to continue our partnership with Ingka Investments – a likeminded partner that shares our belief in sustainable investments with purpose and taking meaningful action to help the world reach net zero carbon emissions sooner.” #cleanenergy

Interesting article from Casey Holsapple from Redtail Renewables. Some great points raised and good to see the business focusing on Indiana, like many states across the USA has a lot of potential for further growth and development of new RNG projects. Full article below https://lnkd.in/e8SQRXDZ

Renewable energy is on the rise in North America, with 21% of electricity generated in the US coming from renewable sources in 2023. Despite abundant capital and opportunities, challenges around investment persist due to project complexity and financial risks. Marsh's innovative use of surety bonds, already significant in the renewable energy sector, presents a potential solution. #marsh #surety #renewableenergy