Global Scans · Energy · Weekly Summary

• [New] Reducing Calgary's greenhouse gas emissions by investing in clean energy, building more efficient homes and buildings, and shifting to low emission modes of transportation is not just a responsibility - it's an opportunity. https://www.calgary.ca
• [New] The liberalization of the distance law will allow 12-13 GW of capacity to be reached by 2030, while the total potential for onshore wind power in Poland exceeds 44 GW. International Trade Administration | Trade.gov
• [New] The capacity of energy from renewable sources in the national mix will increase from 28 GW in 2025 to 50 GW in 2030. International Trade Administration | Trade.gov
• [New] Poland could eventually consider developing commercial HTGR reactors that would provide heat for the chemical industry and energy for the electric grid in Poland. International Trade Administration | Trade.gov
• [New] The World Bank Group will work to connect 250 million people to electricity through distributed renewable energy systems or the distribution grid while the African Development Bank Group will support an additional 50 million people. World Bank
• [New] In order to create a sustainable energy mix, MUFG will provide strong support not only for renewable energy but also for the implementation of innovative technologies such as hydrogen / next-generation energy and carbon recycling. The Asian Banker
• [New] In the coming years, solar panel installations are predicted to substantially increase in the United States to meet the soaring electricity demand, driven particularly by data centers, electric vehicles, and heating / cooling systems. KGI Research Singapore
• [New] Public procurement of new generation capacity: As it currently stands new public procurements are expected on 2.6 GW of solar PV, 3.2 GW of wind power and 3.7 GWh of battery energy storage systems by 2030. GreenCape
• [New] The Scottish Government confirmed reports that it would be abandoning its target to reduce greenhouse gas emissions by 75% by 2030. New Civil Engineer
• [New] Currently in the planning phase, the subsea cable could connect up to 1.4GW of offshore wind between the UK and Belgium, powering up to 1.4m UK homes. Prometheus Institute
• [New] National Grid's entire interconnector fleet is expected to prevent around 100 million tonnes of carbon emissions by 2030, with 90% of the energy imported from zero carbon energy sources. Prometheus Institute
• [New] Alongside the Viking Link, other interconnector projects including the LionLink and Nautilus projects, which will connect the UK to the Netherlands and Belgium respectively, will allow the UK to export excess wind power to Europe. Prometheus Institute
• [New] The US-built vessel will not only contribute towards reliable, affordable and clean energy, but also benefit local communities in creating a significant local know-how and job opportunities, paving the way for future growth in the US offshore wind industry. ONT
• [New] Wind farms generated a record level of power in Ireland last month and activity is expected to rise further as long-awaited planning legislation is set to be introduced in 2024. Irishexaminer.com
• [New] The UK can ill-afford to allow domestic oil and gas production to dwindle as significant demand is expected to last for decades to come. Kent Online
• [New] In an effort to meet its emission goals, the EU plans to invest heavily in hydrogen production by 2050, while the United States has also pledged significant funding for clean hydrogen projects. EITEP Institute
• [New] In China, projects which are either operational or are in a mature phase of development (FID and/or under construction) account for more than half of expected low-emissions hydrogen supply by 2030. IEA
• [New] Ottawa's budget released Tuesday outlines a program that would provide up to $5 billion in loan guarantees and be sector agnostic - meaning that oil and gas projects could be eligible. The Globe and Mail
• [New] An intensification of geopolitical tensions could further disrupt shipping and energy production and push up inflation. The Star
• [New] The fewer green hydrogen projects are on line by 2030, the more global trade there will be for renewable ammonia for use as a shipping fuel. Hydrogen news and intelligence | Hydrogen Insight
• [New] The economic expansion could be thrown off by the continuing adverse effects of higher rates and by geopolitical tensions, including the war in Gaza, that risk disrupting trade and raising energy and other prices. The Washington Post
• Technology group Wartsila has begun testing its thermal balancing engines using pure hydrogen and expects to have an engine and power plant concept capable of running on 100% hydrogen by 2025, enabling the transition to decarbonised energy systems around the world. Robin Whitlock
• The energy transition is failing and policymakers should abandon the fantasy of phasing out oil and gas, as demand for fossil fuels is expected to continue to grow in the coming years. Stop These things

Last updated: 21 April 2024