Showing posts with label #energy #greenenergy. Show all posts
Showing posts with label #energy #greenenergy. Show all posts

The U.S. Spends 10 Times more on Fossil Fuel Subsidies than Education

There is something profoundly wrong with countries that spend more on fossil fuels than they do on education. Fossil fuels are the leading cause of climate change while education is essential to the health and well being of both individuals and the societies they inhabit.

According to a recent International Monetary Fund (IMF) report, the U.S. spends ten times more on various forms of fossil fuel subsidies than it does on education. The U.S. fossil fuel industry receives 649 billion in subsidies, that is ten times more tax dollars than the public education system.
To make matters worse, the Trump administration has sought to increase support for fossil fuels while decreasing support for education.

So how did we find ourselves in this insane predicament? The fossil fuel industry has used their tremendous influence and financial clout to pay legislators to protect their subsidies. They have bought legislators and helped to make Republicans the leading advocates of climate denial.  They even work to deceive children and prevent teachers from teaching the facts.

The fossil fuel industry's control of politicians is not a uniquely American phenomenon. In Canada the fossil fuel lobby largely controls the Conservative party.  The ruling Liberals are not immune, although they support climate action, they also give billions of dollars to the fossil fuel industry.

Solar and Wind Investment Overview

For the fifth year in a row global investments in clean energy exceeded $300 billion in 2018. According to BNEF, last year saw an 8 percent reduction in clean energy investment compared to 2017, the first time we have seen a year over year decline in a long time.

Although last year set a record for new photovoltaic capacity surpassing 100GW for the first time, the sector also fell 24 percent to $130.8 billion in 2018 due at least in part to declining capital costs. The Chinese decision to restrict access to the feed in tariff contributed to a 53 percent reduction in Chinese solar ($40.4 billion).


Some of the biggest solar projects took place in the MENA region, with Morrocco topping the list with the $2.4 billion, 800MW NOORm Midelt PV and solar thermal portfolio in Morocco.

Wind investments rose 3 percent to 128 billion and offshore wind had it second best year ever attracting $25.7 billion, up 14 percent over the previous year. Europe's $3.3 billion, 950MW Moray Firth East array in the North Sea was the biggest but there were five other billion plus offshore wind projects in Europe. However, China is emerging as the biggest wind market. Onshore wind saw $100.8 billion worth of global investment in 2018, up 2 percent. Onshore wind projects were led by the $1.4 billion 706MW Enel Green Power South Africa portfolio.

China was the global clean energy investment leader, but 2018 was down 32 percent compared to the year before due to declining values.

Related
The Ongoing Prodigious Growth of Renewables
MENA's Renewable Energy Leadership
The Transition Away from Fossil Fuels to Renewables is Well Underway
Clean Energy from Renewable Sources is the Answer but Government Policies are a Problem
Declining Battery Storage Costs are Helping Renewables
The Dream of 100 Percent Renewable Energy is Alive and Well

The Trump Administration is Hurting US Renewables and Imperiling the Planet

Renewable energy now accounts for around 17 percent of US electricity generation and where it not for the Trump administration that number would be higher. Trump has slowed the growth of clean power and hurt the renewable energy industry. At least 20,000 solar jobs have been lost in the first two years of the Trump presidency. After being ravaged by tariffs earlier in Trump's tenure, the US solar energy industry now has to contend with another round of tariffs on imported solar components. This is at odds fact based policy. Scientists tell us that to keep temperatures from rising above the upper threshold limit we will need to transition away from fossil fuels to renewable sources of energy.  Instead of supporting clean power the Trump administration is propping up dirty energy.

While nations like the UK are abandoning coal the Trump administration is protecting the US coal industry from market realities. This administration has moved heaven and earth for the fossil fuel industry. They cleared the way for more oil and gas drilling on federal lands and waters and they killed federal support for energy efficiency.

Trump and most Republican legislators are woefully ignorant about renewable energy. This may be part of a calculated disinformation campaign or it may reflect their genuine stupidity, either way it obscures the fact that fossil fuels can be replaced by renewable energy.

Republican talking points disparaging renewables are inaccurate. The most commonly mentioned criticism involves intermittency. However, energy storage technologies mean that we can have access to clean renewable energy even when the wind is not blowing or the sun is not shining.

Despite municipal and state action, the involvement of the federal government is crucial. Mike O’Boyle, the co-author of the report for Energy Innovation, recognizes the importance of all levels of governments to scale renewables. "In order to get an affordable, clean energy system we need both federal and state actors involved," The Guardian quotes O’Boyle as saying.

Trump's support for fossil fuels and rejection of renewable energy translates to more greenhouse gases. His decision to kill climate regulations and initiatives like Obama's Clean Power Plan mean that US energy based emissions are not expected to decline until at least 2050.

The current administration's refusal to embrace science based energy policy increases the likelihood of more severe climate impacts.

If we are to avert the worst impacts of the climate crisis we will need to quickly transition away from fossil fuels to renewable sources of energy. However, this will not happen in the US for at least a year and a half.

Related
Trump Hates Renewables and Loves Fossil Fuels
Trump Undermines Renewables to Help Fossil Fuels and Take Revenge
The Trump Administration's Policy of Energy Inefficiency
Trump's Energy Agenda is as Insane as his Presidency 
Clean Energy is Essential to Climate Action

Webinar - Renewable Energy Understanding and Evaluating Your Options

This complimentary renewable energy webinar will take place on Wednesday, May 22, 2019 at 11:00 AM Pacific / 2:00 PM Eastern. It will explore four salient themes: Options, cost, risk and reliability. It will also answer the question what is the best renewable options for your organization? As well as what is the best way to add them to your energy mix?

"ENGIE Insight" has assembled a panel of experts to answer these and other questions about renewable energy.  The hosts and expert panelists include Brian Dooley, Senior Director of Renewable Consulting and Shy Muralidharan, Director of Product Management. These energy and sustainability experts will show you why now is the time to invest in renewables. Learn how renewables can be part of a holistic energy management strategy, why renewables are now so much more attainable, and future trends to watch. Get your specific questioned answered by submitting them during registration. Dooley and Muralidharan will discuss them during the Q&A session.

Renewable energy has made huge strides in the commercial market over the past few years. Once more of a sustainable dream reserved for companies with large budgets, renewables are becoming mainstream, proving to be more than a short-term trend. Both on and off-site options (solar, wind, storage, RECs, green tariffs and more) are all viable considerations to add to your energy mix and the benefits are enticing: more options, reduced risk, lower costs, and an answer to stakeholder pressure.

Of course, the hardest questions for companies to answer are, "Will renewables work for us?" and "Where do we start?" The answers to these questions—and more—will be presented at the webinar. You’ll leave the webinar knowing:

  • How to evaluate and identify the best renewable options for your organization.
  • Key considerations for adding renewables into your energy mix.
  • Options available on the market today, and balance cost, risk and reliability while working toward your sustainability goals.
Register even if you are unable to attend the live broadcast and you will receive a copy of the PowerPoint presentation and a recording of the webcast.

Click here to register for the webinar.

Click here to learn more about ENGIE Insight webinars. 
For more information email: info@ecova.com 


Related
Clean Energy is Essential to More than Just Climate Action

The Ongoing Prodigious Growth of Renewables
MENA's Renewable Energy Leadership
The Transition Away from Fossil Fuels to Renewables is Well Underway
Clean Energy from Renewable Sources is the Answer but Government Policies are a Problem
Declining Battery Storage Costs are Helping Renewables
The Dream of 100 Percent Renewable Energy is Alive and Well
What Would Happen if Fossil Fuel Subsidies Were Redirected Towards Renewable Energy?

Clean Energy is Essential for More than Just Climate Action

Clean energy is a necessary part of efforts to address the climate crisis and if implemented at scale, renewables would favorably impact far more than just the environment.

Greenhouse gas (GHG) from fossil fuel based energy sources are contributing to planetary warming and driving the climate crisis. We have just surpassed 415 ppm of atmospheric carbon for the first time in human history. We urgently need solutions and making the transition to clean energy would afford substantial GHG reductions.

A 2018 report by the International Renewable Energy Agency (IRENA) said the rapid deployment of renewables, combined with greater energy efficiency, could achieve 90% of energy sector emission reductions required by the Paris Climate agreement. This would mean that by 2050 clean energy would have to provide 66% of the world’s energy consumption and 80% of its power generation. We have a long way to go to get to these kind of numbers, but we know what we have to do and we know that it is viable.

Erik Solheim, the former Executive Director of the United Nations Environment Programme is among the thousands of authorities that argue the merits of clean energy. "A global transition to renewable energy technologies like solar and wind are also key ingredients of delivering on the Paris Agreement, keeping the global temperature rise below 2°C and avoiding catastrophic climate change," Solheim said in a press release.

As a leading source of GHGs dirty energy is a necessary focal point. The awareness that we must end fossil fuel use is not new, in fact the industry knew this more than 40 years ago. Two recent studies confirm that if we stop using fossil fuels we could keep temperatures below the upper threshold limit of 1.5 C. 

We understand the problem and we have a viable solution. Those who equivocate on the issue of energy are like those who question the veracity of climate change.  We cannot waste time trying to convince the willfully ignorant and those who are motivated by something other than reason. These people will not be swayed by facts. We are in the midst of the 6th great extinction and we have a little more than a decade to keep the planet from surpassing the upper threshold temperature limit.

The multifarious benefits of clean energy make a compelling case for anyone who is open to the facts. A 2015 IRENA report explains how renewable energy contributes to SDG goals. The report is the second edition of the REthinking Energy – Renewable Energy and Climate, a series outlining progress in the transition to a sustainable energy future. In addition to being a major part of climate action and sustainable communities, renewables support good health, well being, clean water and sanitation.  According to the report they also reduce poverty, contribute to gender equality, improve education, and decrease hunger.

The IRENA report also makes a business case for renewables pointing to advances in innovation and enhanced infrastructure.  This is a solution that offers a trifecta of benefits. It is a powerful method of combating both climate change and air pollution. It also is an economic boon that offers both cheap energy and good jobs. The economic case for climate action is irrefutable as is the moral case. The overwhelming logic of action over inaction is undeniable. Dozens of independent studies demonstrate that the range of economic benefits associated with a low carbon world.

Despite being popular fossil fuels still eclipse renewables by a huge margin. The US gets 63.5% of its energy from fossil fuels even though 83% of Americans support clean energy.  The transition away from fossil fuels is a popular idea that protects human health and conserves biodiversity. The alternative is to maintain our current energy trajectory and imperil civilization as we know it.

The call to replace fossil fuels with renewable energy is about more than holding the bad actors accountable or confronting the failures of our political leaderships. This is about survival.

It is time to move on to the next stage of energy production. It is time to demand that our political leaders embrace clean energy solutions.

Related
The Ongoing Prodigious Growth of Renewables
MENA's Renewable Energy Leadership
The Transition Away from Fossil Fuels to Renewables is Well Underway
Clean Energy from Renewable Sources is the Answer but Government Policies are a Problem
The Dream of 100 Percent Renewable Energy is Alive and Well 
The World's Poor are Hurt Not Helped by Fossil Fuel Subsidies
Fossil Fuel Industry Pays Legislators to Protect their Subsidies
What Would Happen if Fossil Fuel Subsidies were Redirected Towards Renewable Energy?
Ending Fossil Fuel Subsidies is a Crucial First Step

MENA's Renewable Energy Leadership

In much of the world year over year growth of renewables has slowed, but countries in the Middle East and North Africa (MENA) are outpacing the norm. According to recent International Energy Agency (IEA) data, 2018 was the first year since 2001 that renewable energy growth failed to increase year on year. New net capacity from renewable sources was about 180 Gigawatts (GW), which is equivalent to the previous year. However, the report indicates that renewable capacity accelerated in many countries in the MENA region last year.

The energy sector in the Middle East and North Africa is expected to see $1 trillion in investment over the next five years. Electricity demand in MENA is expected to grow by 7 percent annually driving increasing demand for inexpensive sources of energy. Solar energy has emerged as the cheapest source of regional power but wind is also increasingly cost effective.

In 2017 there were 5.7 GWs in the solar energy pipeline in the MENA region. In 2018 that number increased to 13 GWs. Egypt, Morocco and Jordan are leaders in solar PV projects but smaller countries like Oman and Kuwait have also built large scale solar installations.

The clean energy future looks bright for MENA countries. According to an analysis from MAKE Consulting declining costs will help to drive wind capacity in the Middle East and Africa to 40 gigawatts (GW) by 2026. Regional countries that are leading the charge in wind energy include Morocco, Egypt, Jordan, United Arab Emirates (UAE) and Iran.

In terms of total planned output five MENA countries emerge as renewable energy leaders. They are Saudi Arabia, Egypt, Morocco, and the United Arab Emirates.

Saudi Arabia


Saudi Arabia is looking to grow the amount of energy it generates from renewables. Under the National Renewable Energy Program (NREP) Saudi Arabia is planning to get 59 GW of energy from clean sources by 2030. Construction will soon start on the 300 MW solar PV plant at Sakaka in the northwest of the country. They have targeted a 10-year time span to develop and produce solar components capable of generating 140 GW of power. The 400 MW Dumat Al Jandal wind farm is the countries first such farm.
In 2017, the Saudi Crown Prince Mohamed bin Salman announced a plan to establish what is called the  NEOM mega-city project with investments of $500 billion. Renewable energy is an integral part of this project.

Saudi alfanar recently announced that it was looking at $1.6 billion worth renewable energy projects over the next few years. Alfanar has reportedly signed contracts to implement energy projects with total capacity of 1.4GW. This includes a $250 million, 250 MW wind farm in Egypt and a 50MW solar power plant in Benban, Aswan.

Egypt


Egypt has put forward comprehensive large scale plans to build and produce electricity from renewable resources. The country is striving towards the ambitious national goal of 42 percent  renewable generated electricity by 2035

Egypt is making strides toward achieving an ambitious national goal for renewables to make up 42 percent of the country’s electricity mix by 2035. Its solar PV program, which includes the enormous new Benban complex near Aswan launching later this year, should yield 3-4 GW of solar power coming online during the next 2-3 years. Wind capacity include the Zaafarana and Gabal El Zeit wind farms which collectively generate 1 GW of power.

Morocco


Morocco plans to meet 42 percent of its energy requirements with renewables by 2020 and 52 percent by 2030.  The country's biggest solar financing project is the $2.4 billion, 800 megawatt NOORm Midelt PV and solar thermal portfolio. The Moroccan Solar Energy Program is developing five solar complexes with a combined capacity of approximately 2GW by 2020. This includes two hybrid concentrated solar power (CSP) and photovoltaic (PV) plants in central Morocco.

The 580 MW NOOR Ouarzazate solar project will become fully operational this year followed by the 800 MW NOOR Midelt project. Morocco's wind energy projects include the 300 MW Tarfaya wind farm which is one of several new or planned wind farms in the Western Sahara area.

United Arab Emirates

 

The renewable energy goal of the United Arab Emirates (UAE) is 44 percent by 2050. Dubai is the largest and most populace city in the UAE and it intends to get 75 percent of its total power output from clean energy by 2050. They have the enormous MBR Solar Park in the desert 30 miles south of the city. The solar park’s Phase 3, is a solar PV array capable of generating 800 MW. It will be completed in 2020. Phase 4 is a 950 MW solar CSP/PV complex, it will consist of 700 MW CSP with up to 15 hours storage, and a further 250 MW of solar PV capacity.

UAE's capital Abu Dhabi has the 1.2 GW Sweihan solar PV plant, which is the world’s largest single location solar PV plant. It is expected to be completed and come online later this year. Planning is underway for the 1.5 GW Sweihan II plant. Up to four new solar PV plants are planned in order to reach the target 5.7 GW by 2026.

Related
Clean Energy is Essential to More than Just Climate Action
The Ongoing Prodigious Growth of Renewables
MENA's Renewable Energy Leadership
The Transition Away from Fossil Fuels to Renewables is Well Underway
Clean Energy from Renewable Sources is the Answer but Government Policies are a Problem
Declining Battery Storage Costs are Helping Renewables
The Dream of 100 Percent Renewable Energy is Alive and Well