Global Scans · Energy · Weekly Summary

WHAT'S NEXT?: By 2025 solar energy will be the cheapest energy option globally. In 2040, oil and natural gas are expected to make up nearly 60 percent of global supplies, while nuclear and renewables will be approaching 25 percent. Improvements in energy efficiency in lighting and home appliances are expected to continue to push residential electricity use lower. The burning of coal will fall out of favor. Transportation energy consumption will be rising in correlation to growth in automated vehicles in the coming years.

• [New] Renewable energy is set to generate nearly 25% of American electricity in 2024; by 2030, the US could see up to 850 gigawatts of new utility-scale solar, wind, and storage installations, driven by increased federal funding and tax incentives. Gilmore
• [New] The opportunity to produce Green Hydrogen through renewable electrolysis of water is emerging throughout Australia as we develop and increase renewable energy capacity (predominantly via solar and wind). Hfw
• [New] Digitalization will contribute to the European Green Deal and a Europe fit for the digital age policy initiatives and support the objectives of the Energy Union by promoting connectivity, operability and use of renewable energy. European Climate, Infrastructure and Environment Executive Agency
• [New] Green hydrogen has the potential to reduce GHG emissions in multiple sectors in Atlantic Canada and as a flexible energy carrier it can allow for deep decarbonization scenarios. EverWind Fuels
• [New] Adani TotalEnergies E-Mobility Limited's and MG Motor India's partnership to develop charging infrastructure marks a significant milestone and will play a crucial role in accelerating India's energy transition. The Shillong Times
• [New] The green energy transition represents not just a reaction to the threat of climate change, but also an opportunity to create a healthier and more economically productive planet. Eurasia Review
• [New] Adani Green Energy will invest Rs 1.5 trillion in expanding capacity to generate electricity from solar energy and wind power at Khavda in Kutch, Gujarat. Projects Today
• [New] Adani Group will invest Rs 2.3 trillion through 2030 in India's renewable energy expansion, including solar and wind manufacturing capacity addition to pursue its growth plans. Projects Today
• [New] Bruce Power will explore opportunities to leverage excess energy from the Bruce station (i.e. i.e., energy that is not currently being transmitted to the electricity system) for hydrogen production. Ontario.ca
• [New] Africa is facing more severe effects from climate change than much of the rest of the world; coastal floods could impact energy infrastructure, while water stress may threaten the main input needed to produce green hydrogen, even though it uses less water than other forms of hydrogen production. Lombard Odier
• [New] Adani Green Energy will invest around Rs41,400 crore, or roughly $5 billion, in expanding the solar and wind power capacities at its flagship renewable energy (RE) park in Gujarat by 2026. BusinessLine
• [New] An innovative renewable energy and transmission project - the Champlain Hudson Power Express - will provide resilience and environmental benefits while generating billions of dollars in new investment in New York City. National Hydropower Association
• [New] West Africa is the most promising and attractive markets for investors due to numerous untapped sectors with vast potential for innovation, such as renewable energy. The Sun Nigeria
• [New] Fortescue has launched a hydrogen electrolyser factory near Gladstone that will have capacity to produce more than 2 GW of proton exchange membrane electrolyser stacks annually, helping to support the mining and clean energy behemoth's plans to ramp up green hydrogen production in the decade ahead. pv magazine Australia
• [New] The initial prototype testing for the HT-PEM fuel cell module is expected to take place at Siemens Energy's testing facility in Erlangen, Germany, in 2025, with the testing of the first fuel cell module scheduled for completion in 2026. Electric Hybrid Marine Technology
• [New] Hanoi - Vietnam aims to bring net greenhouse gas emission s to zero by 2050, so ideally all means of transport will use green energy. VietnamPlus
• [New] Researchers and companies in Canada are using AI to create incredible new innovations and job opportunities across all facets of the Canadian economy, from drug discovery to energy efficiency to housing innovation. Prime Minister of Canada
• [New] Wicklein pointed to a 600 megawatt monsoon wind power project that will allow Laos to export electricity to neighboring Vietnam as an example of increasing investments in the energy sector beyond Laos' huge hydroelectric power sector. The Washington Post
• [New] Researchers at the US National Renewable Energy Laboratory report that SAF made from food waste has the potential to reduce net carbon emissions by upwards of 165%. Sustainable Aero Lab
• [New] Over the next decade, electrification will play a critical role in the energy transition, enabling further reduction of carbon emissions from natural gas. MarketScreener
• [New] PRIME is expected to enhance Ethiopia's resilience to climate change by diversifying its power generation mix and harnessing its abundant clean energy resources like solar, wind, and geothermal. Welcome to Fana Broadcasting Corporate S.C
• [New] Solar energy is expected to become the cheapest form of energy in many places by 2030 and major global powers are investing in infrastructure for energy transformation. PubMed Central (PMC)
• Increased use of electric heat pumps, for heating and cooling and water heating, will help lower energy costs for more American families and businesses and create healthier indoor spaces. Energy.gov

Last updated: 12 April 2024