During COP24, U.K. Energy Minister Claire Perry announced that her government will increase its efforts to help bring clean energy to Sub-Saharan Africa. A total of $126 million will be channeled via the REPP platform, which has already realized 18 projects with a considerable number of beneficiaries.
The Global Solar Council has released a 15 point plan, which is largely policy focussed, alleging that the industry has down its homework to slash the costs of solar. Now its policies turn to even the playing field. In a similar effort, the World Future Council has announced that it will launch a new platform for policymakers and the industry to enable an ongoing dialogue.
Consumer- and municipally-owned energy systems are lauded as key elements of the energy transition. However, their market design in many regions is still prohibitively complex. The European Committee of the Regions has presented a policy recommendation to address these issues, and enable a just and democratic energy transition.
The World Bank and the Kenyan Government have announced a new strategy for attaining universal energy access for Kenyans by 2022. The plan underlines the importance of off-grid solar installations in reaching that goal. The investment opportunities for the coming five years are around US$14 billion.
The EBRD has released a brief urging Western Balkan countries to both replace their aging lignite coal generation capacity with renewables, and to rethink their 18 GW plans for new coal capacity. While the region offers favorable conditions for various types of renewable generation, it has been slow on the uptake to date.
Political bloc wants to source at least 32% of energy from renewable generation by 2030 and signed off on the more ambitious target as a statement of intent during the first week of the Katowice climate change conference.
As part of its Paris Agreement obligations, the EU Commission has presented a carbon-neutral vision for 2050, which encompasses GDP growth through smart investments and public health savings.
The news came with Canada’s Fall Economic Statement. Through the new policy, the business case and access to finance will be improved to accelerate the adoption of renewable energy resources. This February, Canada proposed phasing out coal generation by 2030.
Rachel Reeves, Chair of the Committee for Business, Energy and Industrial Strategy (BEIS), has released a comment indicating the discontent with which she views government plans to scrap export tariffs on 31 March 2019. The scheme remunerates small-scale generators, and its abolishment has been likened to theft and sparked a feud between the industry and politics. Last week, U.K. Energy Minister Claire Perry also said that forcing generators to export for free would be “wrong”.
With Theresa May’s government in full scale revolt this week over Brexit, the ECJ’s ruling that the European Commission wrongly failed to find fault with the UK capacity market mechanism four years ago, is likely to have Brexiteers on both sides of parliament frothing at the mouth with indignation.
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