Michael Fraser, CEO of AGL Energy Limited, spoke at the Clean Energy Council Annual Conference in May 2010 about the importance of reforming Australia's Renewable Energy Target. He argued that passing legislation to reform the RET was urgent to avoid loss of jobs, investment, and confidence in energy policy. The reforms aimed to drive investment in renewable energy through mechanisms like the Small-Scale Renewable Energy Scheme and Large-Scale Renewable Energy Target. While the RET would contribute to slightly higher electricity prices, this impact would be minor compared to rises from network charges. Fraser concluded that with the reforms passed, billions could be invested in renewables and jobs.
Renewable Energy : The United Kingdom ApproachGavin Harper
A presentation by Gavin D. J. Harper, B.R.A.S.S. Cardiff University, for European Sustainable Energy Week, at an event hosted in Vilnius, European Capital of Culture 2009 by A.T.E.I.K www.ateik.info on the 12th February 2009.
The presentation looks at renewable energy in the UK, looking at past policy on the national level, room for policy improvements, and innovative policy development on the regional and local levels, culminating with an introduction to Zero Carbon Britain, www.zerocarbonbritain.co.uk a radical roadmap for a clean energy future for the United Kingdom.
The FY 2013 Budget Request for the U.S. Department of Energy's Energy Efficiency and Renewable Energy program seeks $2.267 billion, an increase of $457.7 million over FY 2012. Key goals include making renewable electricity competitive without subsidies by 2030 through initiatives for solar, wind, water, and geothermal technologies. In transportation, the goals are to reduce oil imports by 1/3 by 2025 through electric vehicles, biofuels, and advanced batteries and fuel cells. The budget restructures EERE programs along a technology readiness level approach from research through commercialization.
This document provides background information on renewable energy in India. It notes that over 80 million Indian households lack access to electricity and over 800 million people rely on traditional biomass energy. Renewable energy is seen as a way to provide clean energy access and mitigate climate change. India has set a target of meeting 15% of its energy needs through renewable sources by 2020. So far, renewable energy capacity has grown significantly, especially for wind and solar power. However, there is potential to expand renewable applications beyond electricity generation for heating, cooling, cooking and mechanical uses.
The document outlines an international vision for ocean energy by 2050 including installed capacity and jobs created. It discusses the Ocean Energy Systems Implementing Agreement (OES) which collaborates internationally to accelerate ocean energy. OES has 19 member countries that work on projects through annexes and activities. The document then provides information on various ocean energy resources and technologies.
New base 03 march 2021 energy news issue 1412 by khaled al awadiKhaled Al Awadi
The UAE is launching a new energy model and national integrated energy model to map out the country's energy transition over the next 50 years as it works to diversify its energy mix and meet its goals under the Paris Agreement. The new model will support the UAE's existing National Energy Strategy, which aims to increase clean energy in the country's power mix to 50% by 2050 and raise energy efficiency by 40%. The UAE is also launching a new energy innovation hub in Sharjah to support opportunities in energy and low carbon technologies.
Big Green Challenge Presentation White BackgroundGreenvalleys
The Big Green Challenge is a climate change competition from NESTA (National Endowment for Science Technology and the Arts). This powerpoint was part of a presentation done by Grenville Ham to about 30 different community groups mustering up support for The Green Valleys community project in the Brecon Beacons National Park
Renewable Energy Industry Review Allliedschools Jul09Allied Schools
Source: http://www.training4green.com
In This Issue:
Renewable Energy Is Going Global – from the U.S. to China!
Career Profile Certified Photovoltaic (PV) Systems Installation Technician
Fed Budgets $4 Billion for Green Jobs
Despite Tighter Budgets, Companies Spend Money to Meet Green Initiatives
New U.S. Auto Standards: The Fast Track to Oil Independence
This document discusses renewable energy in India, specifically:
1) It provides background on India's renewable energy potential and installed capacity as of 2010, with wind and biomass being the largest.
2) It outlines key Indian policies and regulations that promote renewable energy, including targets for renewable purchase obligations set by state commissions.
3) It introduces renewable energy certificates (RECs) as a mechanism established by the Central Electricity Regulatory Commission to address the mismatch between where renewable energy is generated and where it is needed, and incentivize investment in renewables.
Renewable Energy : The United Kingdom ApproachGavin Harper
A presentation by Gavin D. J. Harper, B.R.A.S.S. Cardiff University, for European Sustainable Energy Week, at an event hosted in Vilnius, European Capital of Culture 2009 by A.T.E.I.K www.ateik.info on the 12th February 2009.
The presentation looks at renewable energy in the UK, looking at past policy on the national level, room for policy improvements, and innovative policy development on the regional and local levels, culminating with an introduction to Zero Carbon Britain, www.zerocarbonbritain.co.uk a radical roadmap for a clean energy future for the United Kingdom.
The FY 2013 Budget Request for the U.S. Department of Energy's Energy Efficiency and Renewable Energy program seeks $2.267 billion, an increase of $457.7 million over FY 2012. Key goals include making renewable electricity competitive without subsidies by 2030 through initiatives for solar, wind, water, and geothermal technologies. In transportation, the goals are to reduce oil imports by 1/3 by 2025 through electric vehicles, biofuels, and advanced batteries and fuel cells. The budget restructures EERE programs along a technology readiness level approach from research through commercialization.
This document provides background information on renewable energy in India. It notes that over 80 million Indian households lack access to electricity and over 800 million people rely on traditional biomass energy. Renewable energy is seen as a way to provide clean energy access and mitigate climate change. India has set a target of meeting 15% of its energy needs through renewable sources by 2020. So far, renewable energy capacity has grown significantly, especially for wind and solar power. However, there is potential to expand renewable applications beyond electricity generation for heating, cooling, cooking and mechanical uses.
The document outlines an international vision for ocean energy by 2050 including installed capacity and jobs created. It discusses the Ocean Energy Systems Implementing Agreement (OES) which collaborates internationally to accelerate ocean energy. OES has 19 member countries that work on projects through annexes and activities. The document then provides information on various ocean energy resources and technologies.
New base 03 march 2021 energy news issue 1412 by khaled al awadiKhaled Al Awadi
The UAE is launching a new energy model and national integrated energy model to map out the country's energy transition over the next 50 years as it works to diversify its energy mix and meet its goals under the Paris Agreement. The new model will support the UAE's existing National Energy Strategy, which aims to increase clean energy in the country's power mix to 50% by 2050 and raise energy efficiency by 40%. The UAE is also launching a new energy innovation hub in Sharjah to support opportunities in energy and low carbon technologies.
Big Green Challenge Presentation White BackgroundGreenvalleys
The Big Green Challenge is a climate change competition from NESTA (National Endowment for Science Technology and the Arts). This powerpoint was part of a presentation done by Grenville Ham to about 30 different community groups mustering up support for The Green Valleys community project in the Brecon Beacons National Park
Renewable Energy Industry Review Allliedschools Jul09Allied Schools
Source: http://www.training4green.com
In This Issue:
Renewable Energy Is Going Global – from the U.S. to China!
Career Profile Certified Photovoltaic (PV) Systems Installation Technician
Fed Budgets $4 Billion for Green Jobs
Despite Tighter Budgets, Companies Spend Money to Meet Green Initiatives
New U.S. Auto Standards: The Fast Track to Oil Independence
This document discusses renewable energy in India, specifically:
1) It provides background on India's renewable energy potential and installed capacity as of 2010, with wind and biomass being the largest.
2) It outlines key Indian policies and regulations that promote renewable energy, including targets for renewable purchase obligations set by state commissions.
3) It introduces renewable energy certificates (RECs) as a mechanism established by the Central Electricity Regulatory Commission to address the mismatch between where renewable energy is generated and where it is needed, and incentivize investment in renewables.
Shanti Tekam, a woman from a remote village in Madhya Pradesh, received an award on behalf of her community for their efforts in saving forests. She and another villager received the 6th JSW-Times of India Earth Care Award in the 'community' category for working to save green cover through community participation and helping thousands adopt sustainable livelihood practices. The awards ceremony honored various entities that have demonstrated excellence in climate change mitigation and adaptation. Prakash Javadekar, the Union Environment Minister, praised the efforts of community groups in environmental conservation and promised support for such initiatives.
The Australian government is taking action to address climate change through reducing emissions, transitioning to renewable energy and clean technologies, and building resilience. Key policies include the Emissions Reduction Fund, Renewable Energy Target, and supporting innovation. Australia has steadily reduced emissions while the economy has grown and is on track to meet its 2020 target. Analysis shows the government's policies could achieve its 2030 target of reducing emissions 26-28% below 2005 levels through continued transition of the energy and transport sectors.
New base february 07 2022 energy news issue - 1485 by khaled al awadiKhaled Al Awadi
NewBase February 07-2022 Energy News issue - 1485 by Khaled Al Awadi
NewBase February 07-2022 Energy News issue - 1485 by Khaled Al AwadiNewBase February 07-2022 Energy News issue - 1485 by Khaled Al Awadi
NewBase February 07-2022 Energy News issue - 1485 by Khaled Al Awadi
NewBase February 07-2022 Energy News issue - 1485 by Khaled Al Awadi
NewBase February 07-2022 Energy News issue - 1485 by Khaled Al Awadi
I spoke at the Harvard Club in February of 2020 on renewable energy, how it can be used to provide a low carbon fuel to electric vehicles, and how both can play a greater role in reducing climate change and increasing jobs and economic growth if government policy helps promote the technologies.
The renewable energy sector in India is poised for strong growth as the government seeks to harness renewable energy sources to meet energy demand and reduce dependence on fossil fuels. Renewable energy accounts for around 10% of India's installed power capacity. Key factors driving growth include abundant domestic renewable resources, government initiatives and incentives, and increasing energy needs from economic and population growth. India has significant potential from sources like solar, wind, biomass and small hydro.
The article describes the approach to development of renewable generation, especially solar photovoltaic, in different countries.
Italy, Spain, Germany and France business systems are compared as far as incentive schemes are concerned.
The possibility of a "green bubble" and the preconditions for it to develop are described.
Rbsa Research Report rise of solar power in IndiaRBSA Advisors
The document discusses India's rising solar power capacity and targets. It notes that India's Prime Minister announced a goal to increase solar power capacity to 100 GW by 2022, with 60 GW from large scale projects and 40 GW from rooftop solar. As of May 2016, solar installations had crossed 7.5 GW. Key policies supporting solar growth include solar parks, rooftop programs, feed-in tariffs, and priority sector lending. The document also compares photovoltaic and concentrated solar power technologies.
The Coalition for Green Capital seeks to build a productive and sustainable clean energy economy by creating mechanisms to lower the cost of capital for clean energy projects. This will help address challenges like high upfront capital costs, low electricity demand growth in the US, and China's advantage of providing low-cost financing to its clean energy companies. The Coalition proposes establishing an Energy Investment Trust and Green Banks to provide long-term, low-cost financing similar to programs in China that have helped expand the clean energy market. Reducing financing costs could significantly lower the price of electricity from clean energy solutions.
1) Clean coal use has tripled as regulated emissions have declined over 80%, providing a path to near-zero emissions through technologies like carbon capture and storage.
2) Studies show that achieving climate goals would cost 40% more without carbon capture and storage, which can reduce costs of meeting emissions targets by 15-50% compared to other low-carbon options like nuclear and renewable energy.
3) Major carbon capture and storage projects are accelerating around the world, with plans for 10 commercial demonstration projects in the US by 2016 called for by the Secretary of Energy to advance the technology.
The indian-sunshine-the-solar-energy-landscape-in-india (1)Jay Ranvir
The Indian government aims to significantly increase solar power generation to meet energy demands and reduce costs. Its target is to reach 100 GW of solar capacity by 2022 through various initiatives like developing solar parks, creating green energy corridors between states, and providing various financial incentives. Several international companies are investing billions in the sector due to the large potential and supportive policies. The solar tariff rates have declined substantially due to technological advances and a fast growing industry.
South Africa: Biodiesel and Renewable Energy Technologies For Poverty Allevia...QZ1
This document summarizes a report on renewable energy technologies for poverty alleviation in South Africa, focusing on solar water heaters and biodiesel. It identifies key problems and outlines policy objectives and solutions. For solar water heaters, high upfront costs and lack of financing are major barriers. For biodiesel, a lack of awareness and insufficient technical capacity and financing hinder development. The report analyzes each technology and consults stakeholders to identify strategic actions and policy instruments to address problems and achieve objectives like job creation and reduced emissions.
The document discusses tapping technology's potential to secure a clean energy future. It presents 3 scenarios for future energy use and emissions - 2DS envisions a sustainable low-carbon system; 4DS reflects country pledges; and 6DS shows devastating results if on the current path. Recommendations include creating investment in clean energy, unlocking energy efficiency, and accelerating innovation. A smart, integrated energy system utilizing renewables, fuel production, power storage and electric vehicles is presented as key to a sustainable future.
Status of renewable energy in nigeria one sky - ikuponisi f-sFrancis S. IKUPONISI
This document provides background information on the status of renewable energy in Nigeria. It outlines Nigeria's significant renewable energy potentials, including solar, wind, biomass, and small-scale hydro resources. However, the country currently relies almost entirely on depleting fossil fuels and firewood for energy. The document examines Nigeria's energy policies and programs, capacity development, current industry capacity, renewable energy project initiatives, and future prospects for scaling up renewable energy development in the country.
CONSOL Energy R&D – Steven Winberg, Vice President – Global CCS Institute Reg...Global CCS Institute
CONSOL Energy is a large coal and natural gas producer that employs over 9,000 people. The vice president discussed CONSOL and provided their views on global energy, climate goals, and the path forward for carbon capture, utilization, and storage (CCUS). He argued that fossil fuels will continue to play a major role and that CCUS is necessary to meaningfully reduce emissions, but it is currently too expensive. Improving efficiency and pursuing demonstration projects can help advance CCUS while recognizing budget and market limitations.
This document provides an executive summary of the "Indian Renewable Energy Status Report: Background Report for DIREC 2010". It was produced by researchers from NREL, IRADe, and other organizations.
The summary outlines India's renewable energy potential and the key reasons why renewable energy can help address India's growing energy demand. These include abundant natural resources, energy security, price stability, ability to power rural areas, and supporting climate goals. It also provides statistics on India's current renewable capacity and targets. The full report contains more detailed information on India's energy sector, renewable policies and programs, and the status of various renewable technologies.
The Pew Charitable Trusts reports that Department of Defense (DoD) clean energy investments increased 300 percent between 2006 and 2009, from $400 million to $1.2 billion. Projections for 2030 are set to eclipse $10 billion annually, with an overall target of obtaining 25 percent of the DoD's energy from renewable sources by 2025.
The presenters of this webinar, both retired U.S. military officers now active in solar energy, are uniquely qualified to provide insights into the DOD's strategic vision for solar energy and its tactical implementation of that vision.
This document discusses the challenges of building design in a changing environment due to issues like climate change, resource depletion, and population growth. It outlines problems related to city vulnerability, health, housing affordability, and climate change adaptation. It then discusses opportunities for mitigating climate change through energy efficiency, renewable energy, electric vehicles, and smart grids. The document advocates for more sustainable development like biophilic cities that increase biodiversity, urban farming, and improved water and energy systems to adapt to a changing climate. It argues for denser, more sustainable and resource-efficient urban planning with fewer cars and more public transport, cycling and green space.
Rea presentation to Renewable energy dayandrewmnzava
The document discusses renewable energy financing opportunities in Tanzania from the Rural Energy Fund (REF). It provides background on Tanzania's energy sector reforms and the Rural Energy Agency (REA) which administers the REF. It outlines projects financed through the REF since 2007, budget allocations from 2007/08-2011/12, eligibility criteria, opportunities for exploiting renewable energy, challenges, and next steps.
Macquarie Conference - Keynote presentation by Michael FraserAGL Energy Limited
AGL Energy Limited provided an overview of its renewable energy strategy and growth opportunities. Key points included:
1) Domestic renewable energy policies are driving substantial investment in wind and other renewable technologies over the next decade, requiring up to $30 billion in investment.
2) AGL has a large renewable energy project pipeline that positions it well to capitalize on this growth, including wind farms with over 1,000MW of capacity.
3) AGL's balance sheet capacity has increased by $360 million due to a revised treatment of wind farm power purchase agreements by ratings agency S&P, providing funding for future projects.
Shanti Tekam, a woman from a remote village in Madhya Pradesh, received an award on behalf of her community for their efforts in saving forests. She and another villager received the 6th JSW-Times of India Earth Care Award in the 'community' category for working to save green cover through community participation and helping thousands adopt sustainable livelihood practices. The awards ceremony honored various entities that have demonstrated excellence in climate change mitigation and adaptation. Prakash Javadekar, the Union Environment Minister, praised the efforts of community groups in environmental conservation and promised support for such initiatives.
The Australian government is taking action to address climate change through reducing emissions, transitioning to renewable energy and clean technologies, and building resilience. Key policies include the Emissions Reduction Fund, Renewable Energy Target, and supporting innovation. Australia has steadily reduced emissions while the economy has grown and is on track to meet its 2020 target. Analysis shows the government's policies could achieve its 2030 target of reducing emissions 26-28% below 2005 levels through continued transition of the energy and transport sectors.
New base february 07 2022 energy news issue - 1485 by khaled al awadiKhaled Al Awadi
NewBase February 07-2022 Energy News issue - 1485 by Khaled Al Awadi
NewBase February 07-2022 Energy News issue - 1485 by Khaled Al AwadiNewBase February 07-2022 Energy News issue - 1485 by Khaled Al Awadi
NewBase February 07-2022 Energy News issue - 1485 by Khaled Al Awadi
NewBase February 07-2022 Energy News issue - 1485 by Khaled Al Awadi
NewBase February 07-2022 Energy News issue - 1485 by Khaled Al Awadi
I spoke at the Harvard Club in February of 2020 on renewable energy, how it can be used to provide a low carbon fuel to electric vehicles, and how both can play a greater role in reducing climate change and increasing jobs and economic growth if government policy helps promote the technologies.
The renewable energy sector in India is poised for strong growth as the government seeks to harness renewable energy sources to meet energy demand and reduce dependence on fossil fuels. Renewable energy accounts for around 10% of India's installed power capacity. Key factors driving growth include abundant domestic renewable resources, government initiatives and incentives, and increasing energy needs from economic and population growth. India has significant potential from sources like solar, wind, biomass and small hydro.
The article describes the approach to development of renewable generation, especially solar photovoltaic, in different countries.
Italy, Spain, Germany and France business systems are compared as far as incentive schemes are concerned.
The possibility of a "green bubble" and the preconditions for it to develop are described.
Rbsa Research Report rise of solar power in IndiaRBSA Advisors
The document discusses India's rising solar power capacity and targets. It notes that India's Prime Minister announced a goal to increase solar power capacity to 100 GW by 2022, with 60 GW from large scale projects and 40 GW from rooftop solar. As of May 2016, solar installations had crossed 7.5 GW. Key policies supporting solar growth include solar parks, rooftop programs, feed-in tariffs, and priority sector lending. The document also compares photovoltaic and concentrated solar power technologies.
The Coalition for Green Capital seeks to build a productive and sustainable clean energy economy by creating mechanisms to lower the cost of capital for clean energy projects. This will help address challenges like high upfront capital costs, low electricity demand growth in the US, and China's advantage of providing low-cost financing to its clean energy companies. The Coalition proposes establishing an Energy Investment Trust and Green Banks to provide long-term, low-cost financing similar to programs in China that have helped expand the clean energy market. Reducing financing costs could significantly lower the price of electricity from clean energy solutions.
1) Clean coal use has tripled as regulated emissions have declined over 80%, providing a path to near-zero emissions through technologies like carbon capture and storage.
2) Studies show that achieving climate goals would cost 40% more without carbon capture and storage, which can reduce costs of meeting emissions targets by 15-50% compared to other low-carbon options like nuclear and renewable energy.
3) Major carbon capture and storage projects are accelerating around the world, with plans for 10 commercial demonstration projects in the US by 2016 called for by the Secretary of Energy to advance the technology.
The indian-sunshine-the-solar-energy-landscape-in-india (1)Jay Ranvir
The Indian government aims to significantly increase solar power generation to meet energy demands and reduce costs. Its target is to reach 100 GW of solar capacity by 2022 through various initiatives like developing solar parks, creating green energy corridors between states, and providing various financial incentives. Several international companies are investing billions in the sector due to the large potential and supportive policies. The solar tariff rates have declined substantially due to technological advances and a fast growing industry.
South Africa: Biodiesel and Renewable Energy Technologies For Poverty Allevia...QZ1
This document summarizes a report on renewable energy technologies for poverty alleviation in South Africa, focusing on solar water heaters and biodiesel. It identifies key problems and outlines policy objectives and solutions. For solar water heaters, high upfront costs and lack of financing are major barriers. For biodiesel, a lack of awareness and insufficient technical capacity and financing hinder development. The report analyzes each technology and consults stakeholders to identify strategic actions and policy instruments to address problems and achieve objectives like job creation and reduced emissions.
The document discusses tapping technology's potential to secure a clean energy future. It presents 3 scenarios for future energy use and emissions - 2DS envisions a sustainable low-carbon system; 4DS reflects country pledges; and 6DS shows devastating results if on the current path. Recommendations include creating investment in clean energy, unlocking energy efficiency, and accelerating innovation. A smart, integrated energy system utilizing renewables, fuel production, power storage and electric vehicles is presented as key to a sustainable future.
Status of renewable energy in nigeria one sky - ikuponisi f-sFrancis S. IKUPONISI
This document provides background information on the status of renewable energy in Nigeria. It outlines Nigeria's significant renewable energy potentials, including solar, wind, biomass, and small-scale hydro resources. However, the country currently relies almost entirely on depleting fossil fuels and firewood for energy. The document examines Nigeria's energy policies and programs, capacity development, current industry capacity, renewable energy project initiatives, and future prospects for scaling up renewable energy development in the country.
CONSOL Energy R&D – Steven Winberg, Vice President – Global CCS Institute Reg...Global CCS Institute
CONSOL Energy is a large coal and natural gas producer that employs over 9,000 people. The vice president discussed CONSOL and provided their views on global energy, climate goals, and the path forward for carbon capture, utilization, and storage (CCUS). He argued that fossil fuels will continue to play a major role and that CCUS is necessary to meaningfully reduce emissions, but it is currently too expensive. Improving efficiency and pursuing demonstration projects can help advance CCUS while recognizing budget and market limitations.
This document provides an executive summary of the "Indian Renewable Energy Status Report: Background Report for DIREC 2010". It was produced by researchers from NREL, IRADe, and other organizations.
The summary outlines India's renewable energy potential and the key reasons why renewable energy can help address India's growing energy demand. These include abundant natural resources, energy security, price stability, ability to power rural areas, and supporting climate goals. It also provides statistics on India's current renewable capacity and targets. The full report contains more detailed information on India's energy sector, renewable policies and programs, and the status of various renewable technologies.
The Pew Charitable Trusts reports that Department of Defense (DoD) clean energy investments increased 300 percent between 2006 and 2009, from $400 million to $1.2 billion. Projections for 2030 are set to eclipse $10 billion annually, with an overall target of obtaining 25 percent of the DoD's energy from renewable sources by 2025.
The presenters of this webinar, both retired U.S. military officers now active in solar energy, are uniquely qualified to provide insights into the DOD's strategic vision for solar energy and its tactical implementation of that vision.
This document discusses the challenges of building design in a changing environment due to issues like climate change, resource depletion, and population growth. It outlines problems related to city vulnerability, health, housing affordability, and climate change adaptation. It then discusses opportunities for mitigating climate change through energy efficiency, renewable energy, electric vehicles, and smart grids. The document advocates for more sustainable development like biophilic cities that increase biodiversity, urban farming, and improved water and energy systems to adapt to a changing climate. It argues for denser, more sustainable and resource-efficient urban planning with fewer cars and more public transport, cycling and green space.
Rea presentation to Renewable energy dayandrewmnzava
The document discusses renewable energy financing opportunities in Tanzania from the Rural Energy Fund (REF). It provides background on Tanzania's energy sector reforms and the Rural Energy Agency (REA) which administers the REF. It outlines projects financed through the REF since 2007, budget allocations from 2007/08-2011/12, eligibility criteria, opportunities for exploiting renewable energy, challenges, and next steps.
Macquarie Conference - Keynote presentation by Michael FraserAGL Energy Limited
AGL Energy Limited provided an overview of its renewable energy strategy and growth opportunities. Key points included:
1) Domestic renewable energy policies are driving substantial investment in wind and other renewable technologies over the next decade, requiring up to $30 billion in investment.
2) AGL has a large renewable energy project pipeline that positions it well to capitalize on this growth, including wind farms with over 1,000MW of capacity.
3) AGL's balance sheet capacity has increased by $360 million due to a revised treatment of wind farm power purchase agreements by ratings agency S&P, providing funding for future projects.
Retailers in NSW are required to reduce emissions to 7.27 tonnes per capita by 2007. Each retailer's allowable emissions are determined by their market share multiplied by the overall emission target. If a retailer's emissions are higher than their benchmark, they can purchase emission reduction certificates to meet their benchmark. NGACs represent 1 tonne of abatement and can be created through lower emission generation, demand reductions, abatement by large users, and carbon sequestration. Once a national emissions trading scheme is established, GGAS will transition to the ETS.
The Final 50 Miles: Using Village Level Entrepreneur networks for increasing ...NewVenturesIndia
The VLE model is a decentralized local approach for addressing market based challenges in reaching out to rural areas. New Ventures reached out to the leading VLE networks and clean energy companies working with the VLE model to understand details of their operation.
An Energy Strategy For Canada July 2012 Canadian Council Ce OsColin McKillop
This document outlines a proposed energy strategy for Canada consisting of 10 key elements: 1) Enhance the Canadian energy brand internationally, 2) Strengthen energy literacy and conservation culture among Canadians, and 3) Build greater North American energy self-sufficiency through expanded infrastructure and cooperation. It argues for diversifying energy markets beyond North America, investing in infrastructure, creating a technology advantage, ensuring efficient regulatory processes, and facilitating stronger partnerships with Aboriginal peoples on energy projects. The overall vision is for Canada to responsibly develop and export its diverse energy resources while transitioning to a sustainable energy future.
This document discusses low carbon growth strategies in Asia Pacific countries and the Asia Pacific Network's (APN) approach. It notes that countries like Korea have adopted green growth as a national strategy to pursue economic growth while reducing emissions. The document provides examples of Korea's national strategy, which includes targets for reducing emissions and increasing renewable energy. It also discusses how green growth can help economies become more resilient by reducing resource consumption. Overall, the document examines how Asia Pacific countries are pursuing low carbon green growth strategies.
Developing Solar Projects under REC Mechanism in IndiaBhargav Parmar
Instead of signing MoU, PPA, submitting performance bank guarantee etc for 25 years or participating in cut throat bidding process (project is viable only to module manufacturers for the rate it can be achieved), I suggest to develop the solar project under REC Mechanism, as for selling the power through average exchange rate and realizing the mean value of REC rate for first five years and half of the floor price for next 5 years, yields levellised rate of Rs.10.536*. [Solar Tariff in Gujarat: Rs. 9.28 for project commissioned up to 2013, Rs. 8.63 for project commissioned up to 2014 and Rs. 8.03 for project commissioned up to 2015].
Even if REC floor price is reduced by half for next 5 years and NIL thereafter, developing the project under REC and selling the power through Energy Exchange, would yield rate of Rs.9.647 which is more than maximum rate of NVVN against cost of generation not more than Rs.6.50. [NVVN is the nodal agency of NTPC for procuring solar power to meet their REC requirement. In the 1st phase NVVN finalized bid for 150 MW Solar Projects and in latest bid for 350 MW Solar Projects. In the latest NVVN bid the price offer for solar power projects were minimum Rs.7.49 and maximum Rs.9.44]
This document discusses the impact of shale gas on the environment and renewable energy industry. It finds that shale gas could help the UK achieve its carbon targets if it substitutes for coal in electricity generation, but could hamper targets if it replaces renewable energy due to lower energy prices. The effect depends on what sources shale gas substitutes for, any price impacts on demand, and renewable energy policies. More research is still needed to understand the environmental impacts of shale gas extraction and how it might affect carbon targets and renewable industry development. Proper regulation and transparency are important to manage the environmental concerns of developing shale gas.
Snam has outlined its 2030 vision and 2021-2025 strategic plan to become a global leader in hydrogen transport networks, green energy projects, and energy storage. The company aims to invest €12 billion over the next decade to expand its multi-molecule infrastructure networks for transporting natural gas, biomethane, hydrogen, and carbon dioxide. Snam also plans to develop integrated green energy projects and grow its energy storage business to become a leading provider of multi-molecule storage and flexibility services in Europe. These investments are expected to support continued growth of Snam's regulated asset base and deliver high single-digit returns.
German Energy Transition Workshop-Anna Leidreiter from the World Future CouncilEDAMA
The document discusses Germany's energy transition and renewable energy policies internationally. It was received with interest by other countries as a potential model if successful. Other nations pursuing renewable energy transitions through measures like phasing out nuclear power and setting renewable targets include Ireland, Denmark, Austria, Norway, Sweden, Switzerland, the Netherlands, Belgium, Spain, France, and Japan. The UK and Ontario were highlighted as examples of best practices through policies like feed-in tariffs that increased renewable energy adoption and job growth. International policy trends include more countries setting renewable targets and using incentives like feed-in tariffs that have grown in use over time.
Vibrant Gujarat Summit Profile for Energy Spectrum SectorVibrant Gujarat
The renewable energy sector in India, particularly in Gujarat, is growing significantly. Gujarat contributes around 15% of India's total renewable energy capacity and has an installed wind power capacity of 3,250 MW, the second highest in India. Solar power is also expanding rapidly in Gujarat, with over 850 MW installed currently. The state has abundant renewable resources such as solar radiation, wind potential, and biomass, with an estimated total renewable energy potential of over 748 GW. Favorable policies by the central and state governments have driven the large-scale development of renewable sources like wind and solar in Gujarat.
1. India needs a comprehensive National Energy Policy to establish long-term energy targets and mix, and to coordinate policies across sectors like renewable energy and environment.
2. A National Energy Commission should be formed to formulate and implement a national energy action plan, and focus on improving technologies to increase thermal efficiency and reduce pollution from coal.
3. The policy should balance increasing domestic energy production from coal while meeting stringent environmental norms, and consider imported coal's impact on costs. It should also establish realistic targets and support for scaling solar and other renewable energy sources.
The document is a presentation to the Shropshire Hills AONB Partnership on climate change, energy security, and renewable energy. It discusses the need to reduce carbon emissions from energy generation given population growth, rising energy demand, and finite fossil fuel resources. It outlines UK and EU targets for increasing renewable energy and estimates the amount of wind power capacity needed to meet these targets. It emphasizes the urgency of ramping up renewable energy deployment and the need for both demand reduction and increasing renewable energy supply to address climate change and energy security challenges.
The Role of Renewables in the Australian Power Industry Past, Present and FutureJoannePatroni
This document discusses the past, present, and future of renewable energy in Australia. In the past, renewable energy contributed a small portion of Australia's electricity. Currently, solar PV is receiving the most investment and government policies are stimulating renewable demand. However, for renewables to substantially increase their contribution to Australia's electricity mix in the future, issues like high costs will need to be addressed through increased funding for research and development into technologies like geothermal, biomass, and wind energy.
heavily on fossil fuel
Need to shift toward renewable energy
Government take initiative to increase share of
renewable energy
R&D and technology advancement help to make
renewable energy economical
Public private partnership play a crucial role
With proper policy and planning, India can meet
energy demand from renewable energy sources
This document discusses India's energy sector. It notes that India relies heavily on fossil fuels but is seeking to increase its use of renewable energy. Some key points made include:
- India relies on fossil fuels for 80% of its energy needs but resources are limited and cause pollution.
- Renewable energy development is increasing, with solar and wind being major focuses. The National
This document summarizes Bangladesh's energy policy. It discusses domestic energy resources, indicators of energy usage including fuel mixes and energy security, energy intensity, policy instruments introduced, and governmental plans to change energy policy. Key points include reliance on biomass, low per capita electricity access and generation, a growing energy demand-supply gap, plans to increase domestic gas and coal production and import LNG and coal to boost supply and ensure energy security. Renewables like solar and wind are being promoted but make up a small portion of energy usage currently.
Green Finance: Business Opportunities and Role of Financial InstitutionsADFIAP
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Clean Energy Council - Presentation by Michael Fraser
1. AGL Energy Limited
The Importance of
Reforming the Renewable
Energy Target
Michael Fraser
CEO and Managing Director
Clean Energy Council Annual Conference
May 2010
2. 2
Disclaimer
The information in this presentation:
› Is not an offer or recommendation to purchase or subscribe for securities in AGL
Energy Limited or to retain any securities currently held.
› Does not take into account the potential and current individual investment
objectives or the financial situation of investors.
› Was prepared with due care and attention and is current at the date of the
presentation.
› Actual results may materially vary from any forecasts (where applicable) in this
presentation.
› Before making or varying any investment in securities in AGL Energy Limited, all
investors should consider the appropriateness of that investment in light of their
individual investment objectives and financial situation and should seek their own
independent professional advice.
» Clean Energy Council Annual Conference
» May 2010
» AGL Energy Limited
3. 3
Agenda
› Importance of the 26 February reforms
› Sustainable Energy within the context of global energy market
transformation
› Renewable Energy Target:
» MRET and the reforms of 2009
» Unintended consequences of complementary policies
» Reforms announced on 26 February
» Fundamental shift in supply options
› Downstream customer impacts:
» Impacts on prices
» Clean Energy Council Annual Conference
» May 2010
» AGL Energy Limited
4. 4
Importance of the 26 February reforms
› 26 February reforms of the Renewable Energy Target were
welcomed by the industry
› There are serious consequences flowing from any delay in passage
of the legislation:
» Loss of jobs
» Loss of investment confidence
» Flow on effects for confidence in energy policy generally
› Objective of the reforms have bipartisan agreement
› No reason why the legislation should not be passed immediately
» Clean Energy Council Annual Conference
» May 2010
» AGL Energy Limited
5. 5
Transformation of
Global Energy Markets
» CEDA CEO Vision Series
» July 2009
6. 6
Energy Market Transformation
Global energy markets are undergoing significant transformation. Energy
policy makers are responding to three key issues:
Issue Global Policy Australian Policy
Response Response
Climate Change Greenhouse gas CPRS (deferred)
emissions trading
Energy Security Renewable energy 20% Renewable Energy
targets Target
Fuel Poverty Energy efficiency Emerging state-based
schemes schemes
» Clean Energy Council Annual Conference
» May 2010
» AGL Energy Limited
7. 7
Global policies driving renewable investment
Since mid-2009, a number of new policies have been announced that will
drive renewable investment – Australian policy is consistent with global trends
Country/State Renewable Mandate
Spain 22.5% renewable by 2020
US – Colorado 30% renewable by 2020
US - Alaska 50% renewable by 2025
Israel 10% renewable by 2020
Kuwait 5% renewable by 2020
» Source: DB Climate Change Advisors
» Clean Energy Council Annual Conference
» May 2010
» AGL Energy Limited
8. 8
Renewables provide fuel cost certainty
In an environment of increasing global commodity prices,
renewable technologies provide certainty of fuel cost
Source: Bloomberg (2010)
» Clean Energy Council Annual Conference
» May 2010
» AGL Energy Limited
9. 9
New investment
More than half of new installed capacity globally was renewable
$US bns 2008 Source: New Energy Finance (published 2009)
52
110
Investment in Wind
Investment in Other Renewable
Investment in Fossil Fuel Generation
88
» Clean Energy Council Annual Conference
» May 2010
» AGL Energy Limited
10. 10
Investment in renewable technologies
All technologies have a role to play – growth in global
investment has been significant particularly for wind and solar
Average growth rates of investment in wind and solar Source: PEW Centre (2010)
are 49% and 120% respectively
» Clean Energy Council Annual Conference
» May 2010
» AGL Energy Limited
11. 11
Trend is forecast to continue
Wind and biomass forecast by IEA to be the technologies of
choice in developed countries through to 2020
Source: International Energy Agency (2009)
» Clean Energy Council Annual Conference
» May 2010
» AGL Energy Limited
12. 12
The Evolution of
Renewable Policy –
MRET to RET to....
» CEDA CEO Vision Series
» July 2009
13. 13
The Expanded Renewable Energy Target…
Renewable Target
(GWh)
70,000
Pre-1997 Renewable Baseline
Old MRET (9,500 GWh by 2010)
60,000 Expanded RET (45,000 GWh by 2020)
Historical renewable generation
50,000
40,000
xRET: 45,000 GWh
30,000
20,000
Original MRET: 9,500 GWh
10,000
Pre-1997 generation - 15,000 GWh
0
Source: Roam, AGL Corporate Affairs
» Clean Energy Council Annual Conference
» May 2010
» AGL Energy Limited
14. 14
Role of complementary policies
› Additional subsidies for solar hot water and solar PV have driven
substantial uptake of these technologies in recent years
› Recent example: solar hot water
Rebate State RECs Total
Incentives Subsidies
$1,600 $500 $910 $3,010
› Recent example: solar PV
FiT RECs Total Subsidies
$10,500 $4,650 $15,150
» Clean Energy Council Annual Conference
» May 2010
» AGL Energy Limited
15. 15
Historical REC creation
RECs from SHW and solar PV grew substantially due to
complementary policies. This negated the need for new investment.
Source: Office of the Renewable Energy Regulator (2010)
» Clean Energy Council Annual Conference
» May 2010
» AGL Energy Limited
16. 16
Role of complementary policies
REC prices declined substantially as complementary policies
drove creation of RECs from SHW and PV preventing new
investment
$100
$/REC
$90
$80
$70
Expanded MRET Announced SHW & PV Increases REC Bank
$60
$50 Reform announced
$40
$30
$20
Drought Impacting Hydros
$10
$0
Sep -03 Mar -04 Sep -04 Mar -05 Sep -05 Mar -06 Sep -06 Mar -07 Sep -07 Mar -08 Sep -08 Mar -09 Sep -09
» Clean Energy Council Annual Conference
» May 2010
» AGL Energy Limited
17. 17
Reforms of 26
February – Driving
Growth in Renewables
» CEDA CEO Vision Series
» July 2009
18. 18
Small scale renewable energy scheme (SRES)
› Small scale renewable energy scheme
» Fixed $40 per certificate price for solar PV and solar hot
water
» All other technologies remain in the LRET
» Uncapped quantity
› Similar to ‘feed-in tariff’
› Uptake dependant upon numerous factors including
» Ongoing complementary policies such as feed-in tariffs and
capital rebates
» Clean Energy Council Annual Conference
» May 2010
» AGL Energy Limited
19. 19
Large scale renewable energy target (LRET)
LRET to drive investment of up to 10,000 MW of new renewable
investment
» Clean Energy Council Annual Conference
» May 2010
» AGL Energy Limited
20. 20
Impact of Renewable Policy Setting
Fundamental changes required to generation mix.
New Build Generation Mix
Years of Forecast - 2010 to 2020
Coal Plant CCGT Base Plant OCGT Peak Plant Renewable Plant
20000
18000
Capacity required (MW)
16000
14000 Renewables dominate
9,500MW
12000
1,200MW
10000
8000 4,500MW
OCGT peaking plant
6000 5,500MW displaces CCGT base
plant
4000
5,500MW
2000 2,800MW
0
Original 2006 forecast Current 2010 forecast
(ETS, 2% MRET) (ETS, 20% Expanded RET)
Source: AGL Greenhouse modeling
» Clean Energy Council Annual Conference
» May 2010
» AGL Energy Limited
21. 21
Downstream
Customer Impacts
» CEDA CEO Vision Series
» July 2009
22. 22
Cost impacts - LRET
› At a REC price of $90, impacts of LRET are estimated to be
about 1% pa (real) on electricity bills over the next decade
› This should be contrasted with recent price increases driven by
network charges of 10-15% (real) pa for three years
› Important conclusion: renewable targets are only a minor
contributor to rising electricity prices
» Clean Energy Council Annual Conference
» May 2010
» AGL Energy Limited
23. 23
Conclusion
› 26 February reforms of the Renewable Energy Target were
welcomed by the industry
› There are serious consequences of the legislation not being
passed before a Commonwealth election
› Objective of the reforms have previously had bipartisan
agreement
› No reason why the legislation should not be passed
immediately
› With the legislation passed, the industry is ready to commit
billions of dollars with associated increases in employment and
economic activity
» Clean Energy Council Annual Conference
» May 2010
» AGL Energy Limited
24. 24
Further information
AGL Sustainability Report (online and concise summary)
www.aglsustainability.com.au
AGL Sustainability Blog
http://aglenergy.wordpress.com
John Hobson Nathan Vass
Head of Investor Relations Head of Media
phone: +61 2 9921 2789 phone: +61 2 9921 2264
Mobile: +61 (0) 488 002 460 mobile: +61 (0) 405 040 133
e-mail: john.hobson@agl.com.au e-mail: nvass@agl.com.au
» Clean Energy Council Annual Conference
» May 2010
» AGL Energy Limited