The second day of the Berlin Energy Transition Dialogue was dominated by the role of renewables in facing three world crises: climate change, the Covid-19 pandemic, and the war in Ukraine.
Only by working together can African nations overcome the obstacles to exploiting their abundant renewables resources and producing affordable green hydrogen – for use at home and in a European economy keen to wean itself off Russian gas, an online event has been told.
The International Renewable Energy Agency’s latest global outlook has spelled out just how ‘woefully’ far the world is from capping temperature rises at 1.5C, and lamented: ‘The stimulus and recovery efforts associated with the pandemic have also proved a missed opportunity.’
Lack of locally-denominated finance, and of sufficiently long-term loans, are well established hurdles to the development of photovoltaics in Africa.
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.
Previously announced plans by the solar developer to pay a deposit to secure gas from a connected business expired on Friday and the company has now said it will focus on a form of the energy carrier powered by renewables.
The international development entity has already invested $1 billion in local, off-grid electricity networks over the last decade – and attracted a further $1.1 billion in matched funding – and has predicted mini-grids could supply electricity to 490 million people by 2030.
A report published by Irena hints the world’s politicians will have to get to work immediately to avoid another generation of fossil fuel-fired hydrogen, ammonia, and methanol plants being set up to run into the second half of the century.
The clean power to be generated by Sofia-based developer Renalfa will be matched to the consumption profile of customer A1 Bulgaria by a subsidiary, utility business unit of the renewables company.
Industry body Recharge says it would be absurd if the makers of small batteries were required by law to collect and recycle products the size of shipping containers, and claim a requirement individual battery cells be replaceable will pose a safety risk.
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