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Major Wins For Solar As EU Increases Renewable Energy Target

Europe/Middle East/Africa, Head Lines, Policy, Solar

The European Parliament, European Council and European Commission have agreed to a binding 32% EU renewable energy target for 2030, up from the original proposal of 27%. James Watson, CEO SolarPower Europe commented ‘The deal is a good one for solar. We see a much more ambitious target than was expected just a few months ago and importantly we have a strong framework for self-consumption and prosumers. Households wake up this morning with the knowledge that they will have a new right – the right to self-generate, consume and store the energy they produce. This is a major achievement.

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BASF Turn Hazardous Waste Into Clean Energy At World’s Largest Chemical Complex

Efficiency

Honeywell Process Solutions (HPS) has announced that BASF has opened a state-of-the-art control room equipped with Honeywell Experion® technology at its waste incineration complex in Ludwigshafen, Germany. The plant’s six incinerators process hazardous waste that cannot be reused or recycled and convert it into steam and electrical power. The clean, reusable energy is channelled back into BASF’s production processes, helping the company save resources and reduce emissions. “Thanks to excellent cooperation with Honeywell, our 60-year-old plant now has one of the most modern control rooms in the world,” said Dr Karin Flore, head of waste incineration, BASF.

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Masdar City To Test Latest Concepts In Autonomous Electric Vehicles

Europe/Middle East/Africa, Region, Technology

ICONIQ Motors, a China-based EV company, has reached agreement to test its autonomous driving concept at Masdar City. The ICONIQ SEVEN, one of the world’s latest EV models is a futuristic vehicle, built on an intelligent, connected vehicle platform integrated with Microsoft’s AZURE cloud technology; and is set to hit the market in 2019. “Masdar City has put smart and sustainable mobility at the centre of its strategy, as highlighted by the historic success of its flagship driverless Personal Rapid Transit (PRT) system,” said Yousef Baselaib, Executive Director of Sustainable Real Estate at Madsar. “It is the ideal location to test innovative autonomous driving concepts.”

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EV, Renewables See CO2 Emissions Plateau By 2030, But Far From 2 Degree Pathway

Carbon, Energy, Region

Major shifts in the global energy landscape, particularly related to electric vehicles (EVs) and renewable energy sources, mean that MEI expects global CO₂emissions to plateau by 2030. However, increased global energy demand means emissions will remain at more than double the level required for a 2 degrees Celsius warming pathway. Ole Rolser, Associate Partner and Solution Leader at MEI, comments: “Despite the significant momentum around EVs and renewable energy sources taking an increasing share of the power market, to realise the 2 degrees pathway scenario, we’d have to see much broader, much more disruptive change than what we’re seeing now.”

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European Parliament Gives A Resounding Vote In Favour Of Clean Energy In Europe

Biomass, Europe/Middle East/Africa, Policy

European lawmakers have called for a renewable energy target of 35% for 2030 – rather than the 27% which the European Commission proposed in 2016. The MEPs have now backed measures substantially raising the European Union’s clean-energy ambitions. By 2030, more than one-third of energy consumed in the EU should be from renewable sources such as wind and solar power. The measures are intended to help cut carbon dioxide emissions. The EU is the world’s third-largest emitter of greenhouse gases after China and the United States, releasing about 10% of global emissions. 

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Chinese Solar Surge Fuels Overall Global Growth In Clean Energy Investment

Deals & Finance, Energy, Head Lines, Region

World clean energy investment totalled $333.5 billion last year, up 3% from 2016 and the second highest annual figure ever, taking cumulative investment since 2010 to $2.5 trillion. An extraordinary boom in photovoltaic installations made 2017 a record year for China’s investment in clean energy. This outpaced changes elsewhere, including jumps in investment in Australia and Mexico, and declines in Japan, the U.K. and Germany. The figures up 3% from a revised $324.6 billion in 2016, and only 7% short of the record figure of $360.3 billion, in 2015.

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Energy Efficient, Award-winning Water Technology Launches Kickstarter Campaign

Carbon, Efficiency

Solable, has announced a €30k Kickstarter crowdfunding campaign for its LaVie innovation at the Consumer Electronics Show (CES). LaVie is a patented technology that transforms tap water into pure mineral water without the need for a filter or add-on products. A household that consumes 1.5 litres of water per day indirectly consumes 500 litres of oil through the production and transportation of that water. For the first time, Lavie offers consumers the ability to purify water in a cost-effective and sustainable way – as a replacement for plastic bottled water.

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US: Doubling Of Wind & Solar Capacity Possible By 2020 as Coal & Nuclear Drop

Americas, Biomass, Carbon, Geothermal, Policy

In the latest issue of its “Energy Infrastructure Update” (with data through November 30, 2017), the Federal Energy Regulatory Commission (FERC) notes that proposed net additions to generating capacity by utility-scale wind and solar could total 115,984 megawatts (MW) by December 2020 – effectively doubling their current installed capacity of 115,520 MW.  The numbers were released as FERC prepares for a January 10 meeting to consider U.S. Department of Energy Secretary Rick Perry’s proposal for a bailout of the coal and nuclear industries.

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Vestas Sets 10.6 GW Record In 2017 After Year-End Surge; Ups Cashflow Guidance

Americas, Deals & Finance, Head Lines, Wind

Vestas has received a firm and unconditional order for 190 MW of 4 MW platform turbines in the U.S. taking the global order intake for the company in 2017 to 10.6 GW, surpassing 2016’s record order intake of 10.5 GW. The surge of orders at the end of the year has resulted in the company revising its guidance for free cashflow upwards. It now expects the free cashflow for 2017 to be €1.15bn-€1.25bn, as compared with the previous guidance of €450m-€900m. Markets have reacted favourably with the company share price experiencing an increase of 5%. 

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Hype Or The Future? Sectoral Coupling With Electricity-Based Fuels

Biomass, Europe/Middle East/Africa, Policy

Electricity-based fuels are at an early stage and deploying electricity from renewable energies to produce fuels such as hydrogen, synthetic liquid fuels or methane is crucial to avoid greenhouse gas emissions. There are significant reasons to boost this new and potentially massive sector. The German Federal Ministry for Economic Affairs and Energy (BMWi) is making around 130 million Euro available for creating incentives to utilise synergies for linking energy, transport and maritime industries. 

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