energynews.pro (english)’s Post

ICYMI: French Prime Minister Michel Barnier commits to reducing France's "ecological debt" while developing #nuclear and renewable energy sources. However, NGOs and experts criticize the lack of concrete measures and financial commitments. L’article France: Michel Barnier and the “ecological debt”: challenges and perspectives in #energypolicy est apparu en premier sur energynews.

🌿 Shaping the Future of Energy in the UK: Impacts of Political Shifts 🌿 The Conservative Party's 2024 manifesto outlines a path focusing on nuclear energy and reduced green levies, signalling a shift in the UK's decarbonization strategy. This approach could significantly impact hydrogen's role in industry and domestic use. While the Tories aim for energy security with new gas and nuclear projects, they propose alternative decarbonization actions that might diverge from hydrogen-centric policies. Explore the details and implications for the green energy sector: https://lnkd.in/e_Ff_j_e #EnergyTransition #GreenEnergy #Hydrogen #Decarbonization #UKPolitics #Sustainability

From our nuclear ban to their potential surge of fossil fuels there are a million alternatives that support a sensible and sustainable (i.e. economically viable and aligned with de-carbonisation objectives) energy transition. Scientific advice never seems to be feeding the political agenda. Additional challenges for the 2030 objectives, hopefully the breeding ground for sensible progress in the middle of extreme approaches. One can hope

#USA: How the Inflation Reduction Act is transforming the US energy system The recent passage of the Inflation Reduction Act (IRA) and the Bipartisan Infrastructure Law (BIL) signals a profound transformation for the US energy sector. With an anticipated infusion of over $430bn in climate and clean energy programmes over the next decade, these legislations are designed to expedite the shift towards a decarbonised energy system. Key stipulations encompass investments and tax credits specifically for zero-carbon electricity generation and storage, thereby stimulating the deployment of clean energy. This article assesses the potential impacts of the IRA and BIL on the US energy system, considering a myriad of policy implementations and market conditions. A crucial aspect of this examination will also be an exploration of the role of advanced nuclear reactors in this energy transition, offering a glimpse into potential market opportunities. Undeniably, the outcomes of this analysis will offer crucial insights into the practicality, costs, and benefits of cultivating renewable resources, electricity transmission, and carbon dioxide infrastructure under these fresh policy frameworks. https://lnkd.in/e2dZnQqM #inflationreductionact #US #energy #cleanenergy #investment #doe #renewableenergy #climatechange

In partnership with the International Energy Agency (IEA), politicians will convene to strategise around balancing energy security with key decarbonisation targets and reducing costs.

This is a *really* good piece on the investment side of energy transition projects. It's not quite said, but you wonder if there's an inflection point where demand for capital outstrips what the market can do. I don't think that will be an issue until the 'planning and connections' floodgate is opened - and even then supply chain constraints would likely become the dampener on deployment. The article doesn't mention the RAB - but at its heart that's the mechanism to get new infra fund/pension fund cash into the trickier energy technologies (CCS and new nuclear). As I've said elsewhere, Labour policy isn't particularly novel - but it's delivered with sufficient zeal to give investors & developers the feeling that the next couple of years could be really interesting. Vive la ET! #decarbonisation #energytransition #OsborneClarke #netzero https://lnkd.in/eAEtrqnE

United States Secretary for Energy, Jennifer Granholm, and Australian Minister for Climate Change and Energy, Chris Bowen, held the second #UnitedStates-#Australia Ministerial Dialogue on Clean Energy on the margins of the #G20 Energy Transitions Ministerial in Foz do Iguaçu, #Brazil on October 4, 2024.   The Ministerial Dialogue on Clean Energy marked the culmination of a year of progress since its inaugural meeting to realise the shared commitment to elevate climate and #cleanenergy cooperation to the third pillar of our alliance, as set forth by leaders in May 2023 through the Climate, Critical Minerals and Clean Energy Transformation Compact (Compact) and reinforced by Prime Minister Albanese’s meetings with President Biden in #Washington in October 2023 and #Delaware in September 2024.   Ministers discussed the need to work together to support and secure clean #solar supply chains, which may leverage both countries’ significant investments and complementary resources in their respective solar industries in support of our leaders’ intent to collaborate on #cleanenergy supply chains. As a first step to investigating the feasibility of an end-to-end solar supply chain, Ministers noted their intent to conduct and report on techno-economic market studies on the solar industry, including polysilicon processing and trade. This work will leverage solar cooperation between #ARENA and the U.S. Department of Energy (#DOE), and the Australia–U.S. Clean Energy Industry Council.   Ministers acknowledged the significant economic opportunities of the global clean energy transformation to net zero by mid-century. They emphasised that both countries’ significant investments in their #renewableenergy industries, through the US #InflationReductionAct and Australia’s Future Made in Australia plan respectively, offered unparalleled opportunities for collaboration to shape a transformed global energy future. Ministers voiced their expectation that, through the Compact, joint U.S.–Australia efforts would support partners in the #IndoPacific as they meet their #decarbonisation and supply chain diversification goals.

Important signals for Ukraine from the XI meeting of the US and EU Energy Council The priority of supporting Ukraine and its people was emphasized, and the need for continued military support, in particular air defense systems, to protect critical infrastructure and help the energy sector was stressed. We welcomed Ukraine's membership in ENTSO-E and highly appreciated our actions in ensuring synchronization with the energy systems of continental Europe. By doing so, Ukraine has strengthened its energy security and is accelerating the energy transition. They condemned the actions of the aggressor country on and around the ZAES. They called on the Russian Federation to withdraw its personnel and equipment from the territory of the nuclear power plant and return it to the control of Ukraine. 🥊 Will continue to resist Russia's efforts to destabilize global energy markets and circumvent sanctions: intensifying cooperation on the "oil price ceiling", coordinating measures to mitigate excessive volatility in the energy market, supporting the energy transition, and so on. They welcome the efforts of civilized countries to avoid dependence on fossil fuels in general and Russian fuels in particular. The goal is to deprive the aggressor of a financial resource. They will continue to implement measures that will deprive the Russian Federation of income from energy resources. Statements on energy policy, technology and innovation are also important США the US and EU are scaling up cooperation to attract investment and implement new standards and regulations in the context of achieving the climate neutrality goals. We are committed to working with Ukraine on our national energy and climate plan. Special attention is paid to lithium and rare earth metals – critical elements that are already a condition for performing the energy transition. Cooperation between the US and the EU will be aimed at developing new proven reserves and forming a vertical integration of "production-processing-technological production". Розширення️ expanding cooperation in the research and development of climate-neutral technologies, such as small modular reactors (SMR), Haleu, etc. Thank you for your support! https://lnkd.in/d4N9aDkM

Important signals for Ukraine from the XI meeting of the US and EU Energy Council The priority of supporting Ukraine and its people was emphasized, and the need for continued military support, in particular air defense systems, to protect critical infrastructure and help the energy sector was stressed. We welcomed Ukraine's membership in ENTSO-E and highly appreciated our actions in ensuring synchronization with the energy systems of continental Europe. By doing so, Ukraine has strengthened its energy security and is accelerating the energy transition. They condemned the actions of the aggressor country on and around the ZAES. They called on the Russian Federation to withdraw its personnel and equipment from the territory of the nuclear power plant and return it to the control of Ukraine. 🥊 Will continue to resist Russia's efforts to destabilize global energy markets and circumvent sanctions: intensifying cooperation on the "oil price ceiling", coordinating measures to mitigate excessive volatility in the energy market, supporting the energy transition, and so on. They welcome the efforts of civilized countries to avoid dependence on fossil fuels in general and Russian fuels in particular. The goal is to deprive the aggressor of a financial resource. They will continue to implement measures that will deprive the Russian Federation of income from energy resources. Statements on energy policy, technology and innovation are also important США the US and EU are scaling up cooperation to attract investment and implement new standards and regulations in the context of achieving the climate neutrality goals. We are committed to working with Ukraine on our national energy and climate plan. Special attention is paid to lithium and rare earth metals – critical elements that are already a condition for performing the energy transition. Cooperation between the US and the EU will be aimed at developing new proven reserves and forming a vertical integration of "production-processing-technological production". Розширення️ expanding cooperation in the research and development of climate-neutral technologies, such as small modular reactors (SMR), Haleu, etc. Thank you for your support! https://lnkd.in/dUMKCyrK

After #naturalgas being part of #eutaxonomy, Canada includes #nuclearpower as an eligible investment under #greenbond issuance. #transitionfinance is best suited to address transition fuels and technologies for #hardtoabate sectors.