With each of the 10-year network development plans produced by Europe’s electricity transmission system operators years in the making, the latest such publication may already be out of date as the bloc prepares to fast forward its energy security and climate change ambitions.
Indra Overland, the head of the Center for Energy Research at the Norwegian Institute for International Affairs, tells pv magazine how the Ukraine war is irreversibly changing the global energy landscape, making massive renewables deployment a certainty. But labor issues, equipment shortages, and reliance on Chinese manufacturing remain obstacles.
Members of the European Parliament accused Mairead McGuinness and the EU executive of insulting their institution by reversing their vote not to include nuclear in the sustainable investment taxonomy. The commissioner said the divisive energy sources will be needed to keep the lights on.
Rystad Energy has joined BloombergNEF with a significant forecast for gray and blue hydrogen off the back of Russia’s invasion of Ukraine. According to the analysts, the impact of the war has sent prices of fossil fuel-tied forms of hydrogen production surging, leaving the gradual but consistent downward price trend of green hydrogen now looking remarkably competitive.
Trade body the Ukrainian Association of Renewable Energy says more than 70% of the nation’s solar fields are either in, or near regions which have been affected by the fighting.
Researchers from Saudi Arabia’s King Abdullah University of Science and Technology have presented the results of a low-cost method of generating carbon-free hydrogen. In other news, Norwegian fuel cell producer Nel ASA said it was ready to increase its electrolyzer production capacity to meet the European Union’s raised ambitions for renewable hydrogen, while oil giant Petronas Eneos announced plans to set up a hydrogen production plant in Indonesia.
The first months of the year pointed to a boom in Moldova’s solar sector, but the war has already started to negatively affect investment decisions.
The European Commission yesterday announced its intent to remove demand for two-thirds of its Russian gas supply in less than nine months and hugely accelerating the rate of solar deployment is a central part of its radically raised clean energy ambition.
With fears over Europe’s gas supply tightening, the Australian government is forging ahead in the green hydrogen sector by launching tech incubator HyGate and awarding Volt Advisory Group cash to develop a renewable energy microgrid. Australian business Fortescue Future Industries and Europe’s Airbus will work on hydrogen-powered aircraft and Kawasaki Heavy Industries is making strides in transporting hydrogen from the state of Victoria.
The International Energy Agency today published a 10-point plan for Europe to reduce its reliance on natural gas imported from Russia. The plan would see Russian gas imports to EU member states reduced by one third within a year, and notes that further reductions within this timeframe would come with significant tradeoffs, likely to impact both energy prices and Europe’s Green Deal. The plan was presented by Fatih Birol, executive director of the IEA, in a virtual press conference held earlier today.
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