A global energy transition is underway: a system change driven by exponential growth in clean-energy technologies. But there is an investment gap. Much will depend on closing it. What will happen next?
This presentation was the keynote for Business Green's 2019 Tech and Investment Forum.
A chronology in pictures and charts of selected developments in climate, ener...Jeremy Leggett
One person’s collated precis-for-the-busy of the last three months in the related dramas of climate change, energy transition, big tech and the future of civilisation.
The slideshow is derived, as ever, from entries in the Future Today chronology. Those who would like the original powerpoint, with source urls as notes, can find it – with all the other source files, for free use – in the folder linked to from my website www.jeremyleggett.net.
The great global energy transition - a report from the front lines as of 31st...Jeremy Leggett
If we look at the total system change going on in energy out of context, the picture could be rosy. But in climate-change context, the transition is not going fast enough. And it is held back by the oil and gas industries' diehard advocacy of gas, in a world where the IEA tells us the carbon budget is used up, and no more fossil fuel infrastructure of any kind can be built. This presentation considers how and when Big Oil's rearguard action will stop, and they themselves begin genuinely to transition.
This presentation was delivered at an evening meeting of the Energy Institute's Young Professionals Network in London on 31st January.
Next steps for the renewable energy industry in the UK: The case of solarJeremy Leggett
How is solar faring globally? The answer is a success story redolent with potential to inspire progress on wider fronts of the battle for a livable future. How is solar faring in the UK? That is a story incongruent with the global picture. Why? What needs to be done to set things right? My presentation for a conference tomorrow in Westminster offers some suggestions.
A chronology in pictures and charts of selected developments in climate, ener...Jeremy Leggett
One person’s collated precis-for-the-busy of the last three months in the related dramas of climate change, energy transition, big tech and the future of civilisation.
Those who would like the original powerpoint, with source urls as notes, can find it as ever – with all the other source files, for free use – in this folder: https://drive.google.com/drive/folders/1pJlLMT57QZbUP0ZjWf5RMrexzDuanaC2
A groundbreaking report out today shows huge capital-efficiency advantage of ...Jeremy Leggett
In it, BNP Paribas introduces the new concept of Energy Return on Capital Invested. Conclusion: “The economics of oil for gasoline and diesel vehicles versus wind- and solar-powered EVs are now in relentless and irreversible decline, with far-reaching implications for both policymakers and the oil majors.” This is a 4 minute slideshow summary for busy folk.
Q2 2019: A chronology in pictures & charts of developments in climate, energy...Jeremy Leggett
One person’s collated precis-for-the-busy of the last three months in the related dramas of climate change, energy transition, big tech and the future of civilisation.
A chronology in pictures and charts of selected developments in climate, ener...Jeremy Leggett
One person’s collated precis-for-the-busy of the last three months in the related dramas of climate change, energy transition, big tech and the future of civilisation.
The slideshow is derived, as ever, from entries in the Future Today chronology. Those who would like the original powerpoint, with source urls as notes, can find it – with all the other source files, for free use – in the folder linked to from my website www.jeremyleggett.net.
The great global energy transition - a report from the front lines as of 31st...Jeremy Leggett
If we look at the total system change going on in energy out of context, the picture could be rosy. But in climate-change context, the transition is not going fast enough. And it is held back by the oil and gas industries' diehard advocacy of gas, in a world where the IEA tells us the carbon budget is used up, and no more fossil fuel infrastructure of any kind can be built. This presentation considers how and when Big Oil's rearguard action will stop, and they themselves begin genuinely to transition.
This presentation was delivered at an evening meeting of the Energy Institute's Young Professionals Network in London on 31st January.
Next steps for the renewable energy industry in the UK: The case of solarJeremy Leggett
How is solar faring globally? The answer is a success story redolent with potential to inspire progress on wider fronts of the battle for a livable future. How is solar faring in the UK? That is a story incongruent with the global picture. Why? What needs to be done to set things right? My presentation for a conference tomorrow in Westminster offers some suggestions.
A chronology in pictures and charts of selected developments in climate, ener...Jeremy Leggett
One person’s collated precis-for-the-busy of the last three months in the related dramas of climate change, energy transition, big tech and the future of civilisation.
Those who would like the original powerpoint, with source urls as notes, can find it as ever – with all the other source files, for free use – in this folder: https://drive.google.com/drive/folders/1pJlLMT57QZbUP0ZjWf5RMrexzDuanaC2
A groundbreaking report out today shows huge capital-efficiency advantage of ...Jeremy Leggett
In it, BNP Paribas introduces the new concept of Energy Return on Capital Invested. Conclusion: “The economics of oil for gasoline and diesel vehicles versus wind- and solar-powered EVs are now in relentless and irreversible decline, with far-reaching implications for both policymakers and the oil majors.” This is a 4 minute slideshow summary for busy folk.
Q2 2019: A chronology in pictures & charts of developments in climate, energy...Jeremy Leggett
One person’s collated precis-for-the-busy of the last three months in the related dramas of climate change, energy transition, big tech and the future of civilisation.
2018 Q1: An eclectic chronology in pictures and charts of developments in cl...Jeremy Leggett
Things are moving so fast. Most of us are so busy. This slide show offers one person's precis-for-the-busy of the last three months in the related dramas of climate change, energy transition, big tech and the future of civilisation. I hope it is useful. For the powerpoint version, with source urls, see www.jeremyleggett.net.
A history of the solar century so far: a tale of disruption, denial, and exis...Jeremy Leggett
An account of the oil industry's response to climate risk and the emergence of low-cost solar since that late 1990s as seen by a bit-part player in the drama. As presented in the closing keynote at the UBS Renewables and Energy Transition Virtual Conference, 17th September.
L'éléphant (blanc) dans la pièce: Les investissements publics des États dans les infrastructure de l'amont fossile (QUébec, Canada, USA et UK) sont une injustice faite aux générations montantes.
Un diaporama éclairant de Jeremy Leggett, juin 2018
Covid-19 has accelerated the stranding of fossil-fuel-economy assets. What do...Jeremy Leggett
My latest Big Picture update for the team at Solarcentury, built around the latest report from Carbon Tracker, "Decline and Fall", published 4th June.
Apologies for typo in slide 4. Date in bottom caption should read 2023 not 2003.
Il World Energy Focus, nuovo mensile online della WEC's community, una e-publication gratuita per essere sempre aggiornato sugli sviluppi del settore energetico. Il World Energy Focus contiene news, interviste esclusive e uno spazio dedicato agli eventi promossi dai singoli Comitati Nazionali.
This week’s UN warning of climate chaos: is the total world rewrite they say ...Jeremy Leggett
The UN's Intergovernmental Panel on Climate Change has issued a landmark report warning that global warming must be kept to 1.5˚C. This would entail a zero carbon world by 2050.....
Il World Energy Inside è una pubblicazione mensile del World Energy Council (WEC) contenente interviste a rappresentanti del WEC e dei Comitati Nazionali, overview e aggiornamenti sulle attività recenti e future del WEC in tutto il mondo e, approfondimenti sulle ultime news in ambito energetico.
Why the UK government finally gave up on fracking shale for oil and gas. And ...Jeremy Leggett
After years of dogged support for fracked shale gas and oil, at the expense of clean energy, the Conservatives finally gave in today. This is a significant victory for environmentalists. But the implications are global, and are fully explored in this presentation.
Il World Energy Inside è una pubblicazione mensile del World Energy Council (WEC) contenente interviste a rappresentanti del WEC e dei Comitati Nazionali, overview e aggiornamenti sulle attività recenti e future del WEC in tutto il mondo e, approfondimenti sulle ultime news in ambito energetico.
If the world stopped using fossil fuels (over a transition period) could we f...Jeremy Leggett
A short introduction to a historic report, published 12th April by LUT University and Energy Watch, that models the global energy system on an hourly basis using the real economics of existing renewable energy technologies. Essential ammunition for all worried about climate change.
Sustainable Computing and Telecom Can Contribute to Limiting Global Climatic ...Larry Smarr
10.07.28
Invited Seminar
AT&T Shannon Labs
Title: Sustainable Computing and Telecom Can Contribute to Limiting Global Climatic Disruption
Florham Park, NJ
A Green New Deal 2018 - energy and jobs in the UKJeremy Leggett
Repairing economies requires major new investments in sustainable-energy jobs (that will more than pay themselves back), and the UK is a perfect example
2018 Q1: An eclectic chronology in pictures and charts of developments in cl...Jeremy Leggett
Things are moving so fast. Most of us are so busy. This slide show offers one person's precis-for-the-busy of the last three months in the related dramas of climate change, energy transition, big tech and the future of civilisation. I hope it is useful. For the powerpoint version, with source urls, see www.jeremyleggett.net.
A history of the solar century so far: a tale of disruption, denial, and exis...Jeremy Leggett
An account of the oil industry's response to climate risk and the emergence of low-cost solar since that late 1990s as seen by a bit-part player in the drama. As presented in the closing keynote at the UBS Renewables and Energy Transition Virtual Conference, 17th September.
L'éléphant (blanc) dans la pièce: Les investissements publics des États dans les infrastructure de l'amont fossile (QUébec, Canada, USA et UK) sont une injustice faite aux générations montantes.
Un diaporama éclairant de Jeremy Leggett, juin 2018
Covid-19 has accelerated the stranding of fossil-fuel-economy assets. What do...Jeremy Leggett
My latest Big Picture update for the team at Solarcentury, built around the latest report from Carbon Tracker, "Decline and Fall", published 4th June.
Apologies for typo in slide 4. Date in bottom caption should read 2023 not 2003.
Il World Energy Focus, nuovo mensile online della WEC's community, una e-publication gratuita per essere sempre aggiornato sugli sviluppi del settore energetico. Il World Energy Focus contiene news, interviste esclusive e uno spazio dedicato agli eventi promossi dai singoli Comitati Nazionali.
This week’s UN warning of climate chaos: is the total world rewrite they say ...Jeremy Leggett
The UN's Intergovernmental Panel on Climate Change has issued a landmark report warning that global warming must be kept to 1.5˚C. This would entail a zero carbon world by 2050.....
Il World Energy Inside è una pubblicazione mensile del World Energy Council (WEC) contenente interviste a rappresentanti del WEC e dei Comitati Nazionali, overview e aggiornamenti sulle attività recenti e future del WEC in tutto il mondo e, approfondimenti sulle ultime news in ambito energetico.
Why the UK government finally gave up on fracking shale for oil and gas. And ...Jeremy Leggett
After years of dogged support for fracked shale gas and oil, at the expense of clean energy, the Conservatives finally gave in today. This is a significant victory for environmentalists. But the implications are global, and are fully explored in this presentation.
Il World Energy Inside è una pubblicazione mensile del World Energy Council (WEC) contenente interviste a rappresentanti del WEC e dei Comitati Nazionali, overview e aggiornamenti sulle attività recenti e future del WEC in tutto il mondo e, approfondimenti sulle ultime news in ambito energetico.
If the world stopped using fossil fuels (over a transition period) could we f...Jeremy Leggett
A short introduction to a historic report, published 12th April by LUT University and Energy Watch, that models the global energy system on an hourly basis using the real economics of existing renewable energy technologies. Essential ammunition for all worried about climate change.
Sustainable Computing and Telecom Can Contribute to Limiting Global Climatic ...Larry Smarr
10.07.28
Invited Seminar
AT&T Shannon Labs
Title: Sustainable Computing and Telecom Can Contribute to Limiting Global Climatic Disruption
Florham Park, NJ
A Green New Deal 2018 - energy and jobs in the UKJeremy Leggett
Repairing economies requires major new investments in sustainable-energy jobs (that will more than pay themselves back), and the UK is a perfect example
The Race of Our Lives: A summary of Jeremy Grantham’s seminal note to investo...Jeremy Leggett
A precis of the recently-updated 35 page classic note by the investment legend, aiming to be readable in minutes. Subject: climate change meets population meets soil meets agriculture, meets other problems .....and implications for both investors and the rest of us.
The UK, US, and Canadian governments all tried to bail out uneconomic and / or stranded fossil fuel and nuclear projects with many billions in public funds. This short true-story-of-the-day looks at the extent of the waste.
Why the UK nuclear renaissance plan is doomed, in 30 pictures and chartsJeremy Leggett
The UK government's nuclear power programme will come off the rails because nuclear energy has become uneconomic, the builder of the crucial first reactor faces existential safety and financial threats, ...and other reasons.
The global context of Solarcentury's work: presentation by Jeremy Leggett to ...Jeremy Leggett
A summary in pictures and charts of selected major developments during the last three months in the global issues relevant to a leading solar company's mission, brand, and culture. That mission is to make a meaningful difference in the fight against climate chaos through the widespread adoption of solar power.
China's vision for climate action ....and related issues pertinent to common ...Jeremy Leggett
This presentation is the basis for my contribution to a panel discussion on climate solutions organised by the New York Times and The Conduit Club in London today. The focus was on China. In the pictures-and-charts slideshow, I first summarise trends in the Chinese response to climate change, which I see as strongly net positive. I then argue that action on climate change in isolation is not enough in the modern world, for China or any other major power. The compound threats we now face from tech and its uses require a holistic approach to security - environmental, economic, and military.
The presentation is derived from the chronology in pictures and charts of selected developments in energy, climate, tech and the future of civilization on my website, Future Today: www.jeremyleggett.net
The global context of Solarcentury's work: my presentation at the company's q...Jeremy Leggett
Latest developments in matters relevant to the solar industry in energy, climate, tech and the future of civilisation, spanning the period 24th July to 21st October.
Il World Energy Focus, nuovo mensile online della WEC's community, una e-publication gratuita per essere sempre aggiornato sugli sviluppi del settore energetico. Il World Energy Focus contiene news, interviste esclusive e uno spazio dedicato agli eventi promossi dai singoli Comitati Nazionali.
Il World Energy Focus, nuovo mensile online della WEC's community, una e-publication gratuita per essere sempre aggiornato sugli sviluppi del settore energetico. Il World Energy Focus contiene news, interviste esclusive e uno spazio dedicato agli eventi promossi dai singoli Comitati Nazionali.
published in 2022
RMI views
(not necessarily EFOW point of view: check on facts, realities and views, and ways of going about change: urgencies (priorities), realities and our true opportunities!)
The Global Survey of the Electrical Energy Distribution System: A ReviewIJECEIAES
This paper gives a review of energy scenario in India and other countries. Today’s demand of the world is to minimize greenhouse gas emissions, during the production of electricity. Henceforth over the world, the production of electrical power is changing by introducing abundantly available renewable energy sources like sun and wind. But, because of the intermittent nature of sustainable power sources, the electrical power network faces many problems, during the transmission and distribution of electricity. For resolving these issues, Electrical Energy Storage (EES) is acknowledged as supporting technology. This paper discusses about the world electrical energy scenario with top renowned developed countries in power generation and consumption. Contribution of traditional power sources changed after the introduction of renewable energy sources like sun and wind. Worldwide Agencies are formed like International Energy Agency (IEA), The Central Intelligence Agency, (CIS) etc. The main aim of these agencies is to provide reliable, affordable and clean energy. This paper will discuss about the regulatory authority and government policies/incentives taken by different countries. At the end of this paper, author focuses on obstacles in implementation, development and benefits of renewable energy.
System price on electricity DAM market of Nord Pool during 10-16 Jan 2022 stood at average of 90,9 (-26,2% to 3 - 9 Jan 2022 at 123,19 EUR MWh). OTE Market DAM price - 207,5 EUR during 10-16 Jan 2022 (+38,8% to 3 - 9 Jan 2022 at 149,5 EUR). Ukraine’s OREE DAM IES price stood at average 2739,8 UAH MWh during 10-16 Jan 2022 (-0,05% to 2741 during 3 - 9 Jan 2022).
Il World Energy Inside è una pubblicazione mensile del World Energy Council (WEC) contenente interviste a rappresentanti del WEC e dei Comitati Nazionali, overview e aggiornamenti sulle attività recenti e future del WEC in tutto il mondo e, approfondimenti sulle ultime news in ambito energetico.
Plans for rewilding and repeopling on an estate in the HighlandsJeremy Leggett
Presentation to the Rural Housing Scotland summit 26th February 2021, on how the Bunloit team hope to help increase carbon sequestration, biodiversity, rural employment, enterprise, and housing in the Highlands.
A search for hope on the climate front lines in 2020Jeremy Leggett
My presentation at Cambridge University on 5th March. In it I describe an idea for a new people-power company to help lead the charge to a zero-carbon world by decarbonising, recarbonising, and pressuring foot draggers: ZeroCarbon Revolution. A video of the talk can be found at https://climateseries.com/
Global heating and the climate chaos that results from it: a slideshow summa...Jeremy Leggett
A slideshow-summary for-the-busy prepared for the team at Solarcentury, as a backgrounder for our support for the youth strike event on 20th September and the Extinction Rebellion protest on 7th October.
How liberal democracy can die ....on our watch: A pictures-and-charts summary...Jeremy Leggett
The UK enters the most important week in the history of its ancient democracy at a time when trends in social attitudes and tech capabilities bode ill for the future of democracy in multiple countries. Some of the numbers in this presentation will amaze you, if you have not already encountered them. All who care need to act, and soon. Beyond the need for immediate pressure for the empowerment of true democrats, my starter for ten is in the last slide.
This presentation is an update of my last summary on this subject, in July 2018.
This is why we talk of extinction - a slideshow precis/analysis for-the-busy ...Jeremy Leggett
UN scientists this week reviewed the impacts of observed and predicted global heating on land, plus adaptation and mitigation response options. This is a vital report, with many life-or-death messages for governments at the climate negotiations, and indeed everyone who worries about the existential threat global heating and climate chaos pose for civilisation and the natural world. I have prepared a slideshow precis / analysis of the the first part of the report, on impacts. In it, I try to make the urgent messages clear, but also the pulled punches that are inevitable in a report written by a huge committee, and subject to bad-actor lobbying. I will cover the policy piece in a later presentation.
The shortfall in progress on the provision of affordable and clean energy for...Jeremy Leggett
A global progress report on the four sub-targets of SDG7, the extent to which the international community is behind the pace, and how this can be fixed, with emphasis on investment. A pictures-and-charts presentation to accompany a blog on Business Green.
An updated history of SolarAid in pictures and charts, to mark the sale of ou...Jeremy Leggett
The successes, failures, opportunities, challenges and learnings of a social enterprise endeavouring to catalyse solar lighting markets among the poorest of the poor in African (2006 to present).
Why the UN Secretary-General is right to say that it is “immoral and suicidal...Jeremy Leggett
Some may think that the UN chief is exaggerating the threat of climate change, and that David Attenborough is overly alarmist in warning that the collapse of civilization is on the horizon. This short slideshow summarises why that would be a mistake.
Why I have finally quit Facebook and deleted all the data they hold about me ...Jeremy Leggett
I believe in the potential for corporations to do social good, and potentially - collectively - for them to tip the balance positively in the current global struggle to fashion a viable future. In my quarter-century-plus of corporate campaigning I have seen a good few corporations change profoundly for the better. I have been hoping for more than two years to see the same thing happen at Facebook….
SolarAid - a history in pictures and charts, as we help launch an upgraded be...Jeremy Leggett
The world is behind the required pace to reach UN Sustainable Development Goal 7: clean and affordable energy for all by 2030. SolarAid has been trying to help to lead the way. We launch a product today, with our partner Namene Solar Light Company, of which we have great hopes. It is a good time for for a state-of-play report.
2018 Q3: A chronology in pictures & charts of developments in climate, energy...Jeremy Leggett
The state of play in deterioration of the global climate and efforts to address it, the global energy transition, the uses and abuses of tech, all as they relate to the prospects for humankind
Accpac to QuickBooks Conversion Navigating the Transition with Online Account...PaulBryant58
This article provides a comprehensive guide on how to
effectively manage the convert Accpac to QuickBooks , with a particular focus on utilizing online accounting services to streamline the process.
Affordable Stationery Printing Services in Jaipur | Navpack n PrintNavpack & Print
Looking for professional printing services in Jaipur? Navpack n Print offers high-quality and affordable stationery printing for all your business needs. Stand out with custom stationery designs and fast turnaround times. Contact us today for a quote!
Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
Taurus Zodiac Sign_ Personality Traits and Sign Dates.pptxmy Pandit
Explore the world of the Taurus zodiac sign. Learn about their stability, determination, and appreciation for beauty. Discover how Taureans' grounded nature and hardworking mindset define their unique personality.
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
Remote sensing and monitoring are changing the mining industry for the better. These are providing innovative solutions to long-standing challenges. Those related to exploration, extraction, and overall environmental management by mining technology companies Odisha. These technologies make use of satellite imaging, aerial photography and sensors to collect data that might be inaccessible or from hazardous locations. With the use of this technology, mining operations are becoming increasingly efficient. Let us gain more insight into the key aspects associated with remote sensing and monitoring when it comes to mining.
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
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Unveiling the Secrets How Does Generative AI Work.pdfSam H
At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
𝐓𝐉 𝐂𝐨𝐦𝐬 provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
➢ 2024 BAEKHYUN [Lonsdaleite] IN HO CHI MINH
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➢CHILDREN ART EXHIBITION 2024: BEYOND BARRIERS
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"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
Explore our most comprehensive guide on lookback analysis at SafePaaS, covering access governance and how it can transform modern ERP audits. Browse now!
Investment on the global energy transition: a report from the front lines as of March 28th 2019
1. Investment in the global energy transition:
a report from the front lines
28 March 2019
BusinessGreen Technology
& Investment Forum 2019
Jeremy Leggett
2. A tour of the global energy transition
The investment challenge
Investment opportunities
Investment risks
3. A tour of the global energy transition
and its drivers
The investment challenge
Investment opportunities
Investment risks
4. Global average cost of PV has fallen c.78% since
2010 to $80/MWh (£61) today …and continues
7th Jan
2016
11th Sep
2018
Source: IRENA, Carbon Tracker adaptation
The PV panel learning curve is 29% (BNEF)
(£267)
(£38)
5. BNEF estimates the 2nd TW will arrive by mid-2023, costing 46% less
than the c. $1.3 trillion required for the first.
7th Jan
2016
2nd Aug
2018
World passes 1,000 GW of wind and solar,
on a rising exponential curve
6. 7th Jan
2016
19th Nov
2018
Solar PV & wind are now the cheapest new sources
of generation in every developed country ex. Japan
Without subsidies.
So BNEF concludes in its analysis of H2 2018.
7. 7th Jan
2016
1st Nov
2018
Lazard LCOE latest: solar less expensive
than coal, gas, and nuclear at utility scale
PV rooftop resi
PV rooftop C&I
PV community
PV cx utility
PV thin film utility
Coal
Gas combined cycle
Gas peaking
Nuclear
Solar thermal tower
Fuel cell
Geothermal
Wind
Source: Lazard Levelized cost MWh
Offshore
PV residential
“doesn’t compare apples with apples”
– the numbers ignore behind the
meter cost savings: PV Magazine
8. 7th Jan
2016
1st Dec
2017
Operating coal plants are beginning to be shut
down and replaced by solar ….on economic grounds
First in the USA: Wisconsin utility WEC Energy’s 1,190MW Pleasant
Prairie plant to be replaced by a 350 MW solar farm.
9. “Case for coal and gas plants is ‘crumbling’ as wind,
solar and battery costs plunge”
7th Jan
2016
28th Mar
2018
BNEF observes that its latest data have “chilling”
implications for fossil generators.
The Way Humans Get Electricity Is About To Change Forever
10. Nuclear is “ridiculously expensive”, “utterly uncompetitive”,
says the longstanding nuclear advocate.
7th Jan
2016
24th July
2018
Nuclear power can’t compete with solar power:
former IEA boss Nobuaki Tanaka
11. Mark Dooley, Macquarie Capital: “while it makes sense that an
aluminium producer is in the vanguard (Norsk Hydro’s giant wind plans),
there is every reason to expect that all heavy industrial will follow.”
7th Jan
2016
24th July
2018
Heavy industry turns to renewables, including
aluminium smelters, cement plants & “green steel”
12. 7th Jan
2016
2nd Oct
2016
Carmakers embrace electricity as the fuel of the
future at 2016 Paris motor show
Daimler Chairman Dieter Zetsche
unveils the Mercedes-Benz EQ
14. BYD’s first electric bus, just 7 years ago, was widely viewed as a joke.
Now China’s e-buses are displacing 233,000 barrels of oil a day.
Every five weeks, Chinese cities are adding 9,500
electric buses – the size of the London bus fleet
7th Jan
2016
23rd Apr
2018
Honda’s Asimo
15. This is a total system change
It is very popular
with publics around the world
…and it has an endgame
once widely dismissed
as rootless dreaming
16. 7th Jan
2016
13th Nov
2017
82% in 13 countries believe it is important to create
a world fully powered by renewable energy
This is the largest ever such study:
26,000 people surveyed by Edelman for Orsted.
18. Insurers warn that climate change could make
insurance unaffordable, threatening social order
7th Jan
2016
20th Mar
2019
Munich Re‘s Ernst Rauch warns of unaffordability for ordinary people.
Insurance Europe’s Nicolas Jeanmart warns of societal implications.
Wyoming oil and gas operations
19. So estimates a Stanford University economic study. “The benefits of
meeting the targets vastly outweigh the costs”: a common conclusion.
Hitting 1.5˚C Paris target vs 2˚ will save the world c.
$30 trillion in climate-related damages by 2030
7th Jan
2016
23rd May
2018
Future Today
20. Net global CO2 emission pathway
1980 20202000 2040 2060
BilliontonnesofCO2peryear
2018
2050
…50%
chance
Zero
net
carbon
7th Jan
2016
7th Oct
2018
IPCC: the 1.5˚ C target entails systems transitions
that are “unprecedented in scale….”
“…but not necessarily in terms of speed, and imply deep emissions
reductions in all sectors” plus “significant upscaling of investments.”
21. 7th Jan
2016
13th Nov
2018
Carbon budget is all used up - world has no more
capacity for building fossil fuel plants: IEA
“We have no room to build anything that emits CO2 emissions,” says ED
Fatih Birol. This applies to the 2˚C target, never mind 1.5˚C.
Existing infrastructure would “lock
in” 550 gigatonnes of carbon
dioxide over the next 22 years.
22. A tour of the global energy transition
The investment challenge
inherent in the Paris Agreement
Investment opportunities
Investment risks
23. Infrastructure the world needs by 2030 will require
c. $90 trillion of investment, built clean or fossil
7th Jan
2016
5th Sep
2018
Building it clean – low & zero carbon, as per governments’ 2015 Paris
agreement commitments – yields $26 trillion in direct economic gain.
The main conclusion
of a Global
Commission on the
Economy and
Climate report
24. That, averaged over the next 11 years,
is $8.2 trillion a year of investment
for $2.4 trillion a year of direct economic gain
…a lot of people investing clean
will make good returns
Conversely, many investments in the threatened
incumbencies will end up stranded, devalued
and in some cases written off….
25. They are solar, lighting, data centres and networks, and EVs. Particularly
problematic is that energy efficiency improvements have slowed.
IEA publishes a new monitoring tool showing only 4
of 38 energy sectors are on track with Paris targets
7th Jan
2016
29th May
2018
Future Today
On track: 4
Much more effort needed: 23
Significantly off track: 11
26. A report by CERES sees realistic opportunities in the tens of trillions of
dollars across an array of asset classes in multiple sectors.
The “clean trillion” - the extra c. $1 tn p.a. needed
through 2050 for Paris 2˚C - is “eminently feasible”
7th Jan
2016
10th May
2018
Summary of conclusion in the original 2014 CERES report
on closing the clean energy investment gap
27. Investment in renewables in 2017 was less than it
was in 2011 …it has essentially been flat since 2011
7th Jan
2016
4th Jun
2018
Global investment in renewable power and fuels
Source: REN21 Renewables 2018 Global Status Report excluding hydro >50MW
…at least $310 bn if included
28. Since 2016, and Paris, 33 banks have poured
$1.9 trillion into fossil-fuels worldwide
7th Jan
2016
20th Mar
2019
The top 4 are all US based: JPMorgan Chase, Wells Fargo, Citi, and Bank
of America. Losses from MidWest flooding in March: $1 bn.
29. A tour of the global energy transition
The investment challenge
Investment opportunities
Investment risks
30. 7th Jan
2016
28th Nov
2018
EU announces it will be the first major economy to
be “climate neutral” - net zero emissions - by 2050
Renewables will be 80% of electricity, 53% final energy demand.
Package will boost economies by 2% of GDP by 2050.
EC’s VP of the
energy union
Maros Sefcovic
Energy
Commissioner
Miguel Arias
Cañete
31. 7th Jan
2016
28th Aug
2018
Hawaii passed legislation in 2015 for 100% carbon-free electricity by
2045. Other states including New York are considering the same.
California's legislators set landmark goal for 100%
carbon-free electricity by 2045 …& 60% RE by 2030
32. 7th Jan
2016
27th Feb
2018 43 cities are now 100% renewable powered
The 43 are mostly in Latin America. Of 570 cities reporting to CDP, 101
are 70% or more renewable powered, compared to 42 in 2015.
33. Science Based Targets Initiative launched by
major companies at New York Climate Week
7th Jan
2016
25th Sep
2014
Companies commit to a sector-specific pro-rata emissions pathway
consistent with <2˚C …with verification.
34. 480 companies from 38 countries now base climate
plans on SBTs: c. one eighth of global market cap
7th Jan
2016
13th Sep
2018
That is nearly USD$10 trillion, comparable to the NASDAQ exchange.
17% of Fortune Global 500. 50 since Trump’s withdrawal from Paris.
35. 7th Jan
2016
23rd Jan
2018
122 companies are now pledged to 100% renewable
electricity. If they were a country….
Their use of renewable electricity in 2017 was up 49% on 2016.
PPAs quadrupled. 25 companies had achieved 100% by end 2016.
Source: RE100 Progress and Insights report
…it would
be the
world’s 14th
biggest
user of
electricity
36. Jerome Pecresse, GE Renewables: “We are inventing things that we did
not even imagine three years ago …renewable baseload is coming fast.”
“Utilities dispel all doubts about renewables' ability
to power planet”: Recharge on Eurelectric summit
7th Jan
2016
6th Jun
2018
Francesco
Starace, Enel
CEO: electrifying
the transport
sector “is not
only a winning
strategy, it’s a
must.”
37. Digitalisation “will increase the profitability of solar
power across every part of the value chain”: SPE
7th Jan
2016
13th Sep
2017
Business models: eg solar to be sold as part of a smart building package.
Grid services and cost savings for manufacturers, developers & installers
38. A tour of the global energy transition
The investment challenge
Investment opportunities
Investment risks
40. I researched the geological history of oceans, including shale, funded by
BP, Shell, +. This led to my concerns about climate change.
7th Jan
2016
1978
to
1989
A first career as an an oil-industry insider: lecturer
and consultant at the Royal School of Mines
Oil and gas exploration, Baluchistan, 1984
41. 20 years old, we began in a 180 MW a year global market, & now
operate in a c. 100 GW a year market, with a strong cash position.
Solarcentury: a team of 180 from 14 nations
developing >3 GW of solar on 4 continents
7th Jan
2016
August
2018
42. Joint project with a community, on a waste tip next to an industrial site,
saving 600,000 tonnes of CO2 in the next 25 years.
Nyrstar, Netherlands, connects to the Dutch grid:
44 MW, 120 football pitches, just 5 months to build
7th Jan
2016
3rd Dec
2018
43. Two Solarcentury mini-grid projects bring
solar electricity to 40,000 in Eritrea
7th Jan
2016
26th Mar
2019
1.25 MWp system in Areza and 1 MWp in Maidma, EU & UNDP funded,
Solarcentury managing construction and training locals for operation.
44. The risks for energy incumbents intent on a
slightly modified version of business-as-usual
begin with the prospect that most governments
will execute on what they promised in the 2015
Paris Agreement …or a significant part of it
45. Youth climate strikers: “We are going to change the
fate of humanity, whether you like it or not”
7th Jan
2016
1st Mar
2019
In a letter, from an international co-ordination group of 150: “United we
will rise on 15 March and many times after until we see climate justice.”
46.
47.
48. Net global CO2 emission pathway
1980 20202000 2040 2060
BilliontonnesofCO2peryear
2018
The system change we need
according to climate scientists
UN’s Intergovernmental Panel on Climate Change, October 2018:
To limit global mean surface air temperature to the 1.5˚C target in the Paris Agreement
2050
…50%
chance
Zero
net
carbon
49. BP’s Energy Outlook, January 2019:
(*Similar to Shell’s and ExxonMobil’s: see www.jeremyleggett.net)
2017
2040
Primary energy consumption by fuelBillionsoftonnesofoilequivalent 25
20
15
10
5
0
The best we can expect by 2040
according to BP*
Renewables
Hydro
Coal
Gas
Oil
more
a little less
“Off the charts”
renewables
50. 7th Jan
2016
15th Feb
2019
BP projects demand for oil & gas in 2040 higher
than today even with fast transition to RE and EVs
I asked Twitter users for the most appropriate word
to describe BP’s intentions in the context of
striking schoolchildrens’ hopes
Death wish
Greed
Addiction Criminal
Deliberate Deluded Evil
Madness
Self-serving
Hubris
Sick Suicidal
51. Such views are far from limited to the
echo chambers of people like me
52. 7th Jan
2016
11th Dec
2018
Lift emissions pledges or be guilty of “immoral” and
“suicidal” inaction, UN chief tells climate summit
“To waste this opportunity would compromise our last best chance to stop runaway
climate change. It would not only be immoral, it would be suicidal.”
António Guterres
54. Global coal use up by a third as 2018 global energy
demand / emissions rise at fastest rate in a decade
7th Jan
2016
26th Mar
2019
The IEA reports that much of the growth is down to a fleet of young coal
plants in Asia. And ED Fatih Birol says gas had another “golden year”.
Average annual global primary energy demand growth by fuel, 2010-18
Source: IEA
Nuclear
Coal
Oil
Renewables
Gas
56. “The depressing reality about climate change is that
we could solve the problem, at manageable cost,
but are failing to do so”: FT Editorial Board
7th Jan
2016
26th Dec
2018
“This failure is due to a
mixture of blindness
and self-deception. The
blindness comes from
those, such as US
president Donald
Trump, who deny the
reality of climate
change.”
“The self-deception
comes from those who
accept the reality, but
only pretend to solve it.”
Howblind do you
have to be?
57. “Investment in low-carbon energy remains poor
for oil majors”
7th Jan
2016
27th Dec
2018
Disclosed low carbon investment as a
proportion of total capital spend,
2010 to Q3 2018
…a tiny percentage of overall capex
58. “Fossil fuels will peak in the 2020s as renewables
supply all growth in energy demand”
7th Jan
2016
11th Sep
2018
Carbon Tracker report warns of “trillions of dollars in stranded assets”
across much of the corporate sector, and in petro states.
Most likely
59. $25 trillion in past infrastructure investment
is at risk if governments do what they say they will
7th Jan
2016
11th Sep
2018
Companies making up to
a quarter of equity
indexes & debt markets
will be hit, incl. banking,
capital goods, transport
and automotive sectors.
$bn
60. After 6 years of the divestment campaign,
1,000 divestments now sum almost to $8 trillion
7th Jan
2016
16th Dec
2018
Widespread action by mainstream FIs means that divestment is now a
clear risk to fossil fuel companies …and they admit as much.
61. Norwegian government approves state fund to
divest from pure oil & gas exploration companies
7th Jan
2016
8th Mar
2019
Finance Minister Siv Jensen: “The objective is to reduce the vulnerability
of our common wealth to a permanent oil price decline.”
62. “Oil must face its future as a declining industry”:
Legal & General Investment Management in the FT
7th Jan
2016
13th Jun
2018
The CIO and a commodities specialist suggest that rather than transition
to renewables, oil companies stop investing and return cash.
63. Energy analysts forecast ‘start of end of coal’ in Asia
as key Japanese investors switch to renewables
7th Jan
2016
18th Mar
2019
When Australia’s number one customer and the funder of coal’s growth
agenda moves, says Tim Buckley of IEEFA, the rest of Asia will follow.
Tsuruga, Japan
64. US shale gas and oil
are central to the plans
of the oil and gas majors
65. “ ‘Big Oil’ is rapidly becoming
‘Big Shale’ ”
7th Jan
2016
5th Mar
2019
ExxonMobil & Chevron both
planning to c. treble oil
production in the Permian
in the next 5 years….
66. US shale to lead global oil supply growth of 5.7 mbd
by 2024, with no peak in oil demand in sight: IEA
7th Jan
2016
11th Mar
2019
The Oil 2019 report sees 70% of global growth in a 4 mbd expansion
of US shale production in the next 5 years.
“Our forecast
for supply
growth
depends on
investment.”
67. But there are some inconvenient truths
concerning the economics
68. 7th Jan
2016
6th Feb
2018
“The US exploration and production sector has
been a great place to burn cash”
Worse than that, argues e.g. Steve StAngelo of @SRSroccoReport
it has been “a Ponzi scheme from Day One”.
69. 7th Jan
2016
2nd Jan
2019
So how will the drillers service their debts, much less pay them off
and finally make a collective profit?
“Fracking’s Secret Problem—Oil Wells Aren’t
Producing as Much as Forecast”
70. “Frackers Face Harsh Reality as Wall Street
Backs Away”
7th Jan
2016
24th Feb
2019
New bond & equity deals have dwindled to the lowest level since 2007.
In 2018 companies raised less than half the 2016 total.
71. “The Next Financial Crisis Lurks Underground”
…in shale
7th Jan
2016
1st Sep
2018
Bethany McLean, author of famous book on Enron's collapse:
“the Federal Reserve is responsible for the fracking boom.”
73. Methane leaks from the US oil & gas industry c.60%
higher than government estimates: new study
7th Jan
2016
21st Jun
2018
9-basin estimate incorporating aerial data suggests 2.3% leakage well-
to-power plant. EPA suggested 1.4%. 2.7% makes gas worse than coal.
74. NASA-led team shows oil & gas industry responsible
for largest share of rising methane concentrations
7th Jan
2016
20th Dec
2017
New measurements reconciling isotopic data suggest fossil fuels
contributed 12–19 Tg CH4 per year of c. 25 Tg CH4 per year since 2006.
https://www.carbontracker.org/reports/2020-vision-why-you-should-see-the-fossil-fuel-peak-coming/
https://www.carbontracker.org/fossil-fuels-will-peak-in-the-2020s-as-renewables-supply-all-growth-in-energy-demand/Image: from report
https://about.bnef.com/blog/world-reaches-1000gw-wind-solar-keeps-going/
Image: from article
https://www.ft.com/content/90628748-8c21-11e8-bf9e-8771d5404543
Image: The Australian Independent Media Network
https://www.ft.com/content/1be08722-8713-11e6-bbbe-2a4dcea95797
Image: The Detroit Bureau
https://www.reuters.com/article/us-china-autos-changan/chinas-chongqing-changan-to-stop-selling-combustion-engine-cars-from-2025-idUSKBN1CO0XX
Image: China Daily
http://www.theguardian.com/environment/2018/may/23/hitting-toughest-climate-target-will-save-world-30tn-in-damages-analysis-shows
https://www.nature.com/articles/s41586-018-0071-9Image: NASA / NOAA
http://report.ipcc.ch/sr15/pdf/sr15_spm_final.pdf
Image: adapted from report
http://www.climatechangenews.com/2018/09/05/governments-standing-way-26-trillion-green-bonus-global-commission-finds/
https://newclimateeconomy.report/2018/misc/downloads/
Image: from report
http://www.iea.org/tcep/
Image: from website
https://www.ceres.org/CleanTrillionInSight
Image: from the original 2014 report: https://www.ceres.org/resources/reports/investing-clean-trillion-closing-clean-energy-investment-gap
http://www.ren21.net/status-of-renewables/global-status-report/Image: from the report
https://www.desmog.co.uk/2019/03/20/jpmorgan-chase-tops-banks-financing-fossil-fuels-climate-change
Image: Nebraska National Guard
https://www.theguardian.com/environment/2019/mar/01/youth-climate-strikers-we-are-going-to-change-the-fate-of-humanityImage: screenshot from video embedded in the article
http://report.ipcc.ch/sr15/pdf/sr15_spm_final.pdf
Image: adapted from report
https://www.ft.com/content/5e7518aa-2f9f-11e9-8744-e7016697f225
https://www.bp.com/en/global/corporate/energy-economics/energy-outlook.html
Image: from report
https://www.ft.com/content/5e7518aa-2f9f-11e9-8744-e7016697f225
https://www.bp.com/en/global/corporate/energy-economics/energy-outlook.html
Image: from report
https://www.theguardian.com/environment/2019/mar/26/global-coal-use-up-by-third-as-greenhouse-gas-emissions-rise
https://webstore.iea.org/download/direct/2461?fileName=Global_Energy_and_CO2_Status_Report_2018.pdf
Image: from report
https://www.ft.com/content/9421ea96-01e1-11e9-9d01-cd4d49afbbe3
Image: screenshot of article
https://www.carbontracker.org/reports/2020-vision-why-you-should-see-the-fossil-fuel-peak-coming/
https://www.carbontracker.org/fossil-fuels-will-peak-in-the-2020s-as-renewables-supply-all-growth-in-energy-demand/Image: from report
https://www.carbontracker.org/reports/2020-vision-why-you-should-see-the-fossil-fuel-peak-coming/
https://www.carbontracker.org/fossil-fuels-will-peak-in-the-2020s-as-renewables-supply-all-growth-in-energy-demand/Image: from report
https://www.theguardian.com/commentisfree/2018/dec/16/divestment-fossil-fuel-industry-trillions-dollars-investments-carbon
Image: TV Norge
https://www.theguardian.com/business/2019/mar/07/revealed-glencore-bankrolled-covert-campaign-to-prop-up-coalImage: Glencore video screenshot
https://www.iea.org/newsroom/news/2019/march/united-states-to-lead-global-oil-supply-growth-while-no-peak-in-oil-demand-in-si.html
https://webstore.iea.org/market-report-series-oil-2019
Image: Glencore video screenshot
https://srsroccoreport.com/future-u-s-production-will-collapse-just-quickly-increased/
Image: Chart from FT article cited in article
https://www.wsj.com/articles/frackings-secret-problemoil-wells-arent-producing-as-much-as-forecast-11546450162
https://www.desmogblog.com/2019/01/10/fracking-shale-oil-wells-drying-faster-predicted-wall-street-journal
Image: DeSmog Blog
https://www.nature.com/articles/s41467-017-02246-0
https://www.desmogblog.com/2018/01/16/nasa-study-resolves-climate-mystery-confirms-methane-spike-ties-oil-gas
Image: Stanford University
https://www.carbontracker.org/the-political-tipping-point/
Image: from report