At COP28, global leaders united under the ambitious ‘UAE Consensus’ to push ambition closer to the 1.5C climate target. Their headline commitment: transition away from fossil fuels. This commentary looks to see where we are 12 months later, as this week G20 leaders reconfirmed their support for the agreements made in the COP28 global stocktake … Continue reading Progress since COP28 on transitioning away from fossil fuels
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The impact of Republican control on US energy policy and the IRA
We expect renewables to remain competitive, and while protectionism will rise, a full repeal of Inflation Reduction Act (IRA) is unlikely. Following the US election, our experts from across the energy sector have worked to produce a cross-commodity report – ‘A second Trump administration Part 2: A deep dive into energy and commodities‘ – outlining … Continue reading The impact of Republican control on US energy policy and the IRA
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US offshore wind industry turns to supply chain to try to survive Trump
If the US offshore wind industry goes down after Inauguration Day 2025, it will go down swinging. Stakeholders have been scrambling to make their case before the new administration takes office on January 20, and they are not relying on clean kilowatts to do it. Instead, they are rolling out the supply chain defense. Connecticut … Continue reading US offshore wind industry turns to supply chain to try to survive Trump
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Shares of several wind turbine manufacturers and developers are down after Trump’s victory, but there’s no need to be alarmist
Trump’s victory in the U.S. elections has shaken up the wind industry a bit. On the one hand, the first reaction was that the stocks of Vestas, Nordex, and Ørsted plummeted upon hearing the news. This seems logical given that we are talking about a president who literally declared that wind turbines are “a pile … Continue reading Shares of several wind turbine manufacturers and developers are down after Trump’s victory, but there’s no need to be alarmist
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Donald Trump’s promise to repeal Biden’s climate policies will cost the US billions, report says
Donald Trump could slow America’s rise as a clean energy superpower and lose billions of dollars in investment. China will benefit from Trump’s ignorance, becoming the undisputed world leader in wind power, photovoltaics, electric vehicles and batteries, among other sectors. Under Donald Trump, the United States will precipitate its decline. Trump said before his election … Continue reading Donald Trump’s promise to repeal Biden’s climate policies will cost the US billions, report says
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RWE, Siemens Energy anticipate delays in US offshore wind projects under Trump
Renewable energy companies, including Germany’s RWE and Siemens Energy, have expressed concerns about the future of the US offshore wind sector under President Donald Trump. Both companies anticipate potential delays and regulatory challenges, according to a Reuters news report. RWE CFO Michael Mueller and Siemens Energy CEO Christian Bruch warned of increased risks to project … Continue reading RWE, Siemens Energy anticipate delays in US offshore wind projects under Trump
Continue readingIn 12 months the renewables market has moved but governments have not
Tripling global renewables is the single biggest action the world can take for the climate this decade. An analysis of 2030 renewables targets shows that, while renewables markets are surging, governments have not updated renewables ambition in the lead-up to COP29. ? Download PDF Katye Altieri Electricity Transition Analyst (Global)Ember Oya Zaimoglu Data Analyst (2030 … Continue reading In 12 months the renewables market has moved but governments have not
Continue readingNDCs 3.0 a ‘Make or Break’ for Global Goal to Triple Renewables by 2030
Even if all COP announcements to date were to be fully implemented, a significant CO2 emission gap would still need to be closed by 2050, according to IRENA’s World Energy Transitions Outlook 2024. Released at the opening of the UN Climate Conference COP29 in Baku, Azerbaijan, the Agency’s 1.5°C Scenario outlines a net-zero path by … Continue reading NDCs 3.0 a ‘Make or Break’ for Global Goal to Triple Renewables by 2030
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The consequences of Donald Trump’s re-election for renewable energies such as wind power and photovoltaic
The transition to sustainable energy faces challenges as Trump outlines fossil fuel production strategies. He is a skeptic and an ignoramus when it comes to everything related to climate change, and nothing good can be expected from an already well-known character.Trump has already declared his hatred of wind energy by spreading lies and falsehoods again … Continue reading The consequences of Donald Trump’s re-election for renewable energies such as wind power and photovoltaic
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EU Recovery money boosts wind manufacturing in Italy
Europe’s wind turbine manufacturing capacity is ramping up to meet the EU climate and energy security targets. This week Danish wind turbine manufacturer Vestas inaugurated a new production line for offshore wind blades in Taranto, Italy. The factory expansion will produce state of the art 15 MW offshore wind blades. It will create 1,300 additional … Continue reading EU Recovery money boosts wind manufacturing in Italy
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Wind sector expresses rejection of Xunta’s proposal to force Galician companies to sell 50% of their electricity with wind power through PPAs
The wind sector expresses its strongest rejection of the Xunta de Galicia’s proposal to force Galician wind farms to be sold 50 percent of their electricity generated by wind power facilities to exclusively Galician companies through PPAs ?? The new proposal of the Xunta de Galicia consists of forcing Galician wind farms to sell 50% … Continue reading Wind sector expresses rejection of Xunta’s proposal to force Galician companies to sell 50% of their electricity with wind power through PPAs
Continue readingA second Trump administration, and what it means for energy and natural resources
The US has a President-elect with power to wield. A likely Republican trifecta would strengthen President-elect Donald Trump’s new administration across domestic and global affairs. Along with the White House, the GOP will have control of the Senate and (probably) the House of Representatives. President-elect Trump himself has declared he has a “mandate”, although he … Continue reading A second Trump administration, and what it means for energy and natural resources
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The Spanish offshore wind sector prepares in Cadiz for the first auction in 2025
The third edition of the Offshore Wind Congress brings together, in Cadiz from November 6 to 8, more than 400 national and international attendees who will analyze the future challenges for the deployment of floating offshore wind in Spain, under the main objective of installing 3 GW of offshore wind by 2030, identified in the … Continue reading The Spanish offshore wind sector prepares in Cadiz for the first auction in 2025
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Sweden puts its industrial competitiveness and energy security at risk
Yesterday the Swedish Government cancelled 13 offshore wind projects due to military defence concerns. The announcement came unexpectedly. It is highly problematic. It is yet another setback for Sweden’s offshore wind ambitions. It undermines investors’ trust in the Swedish Government. It puts Sweden’s industrial competitiveness at risk. And it is a serious blow to Sweden’s … Continue reading Sweden puts its industrial competitiveness and energy security at risk
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ACP Statement on Election Results
The American Clean Power Association (ACP) issued the following statement from ACP CEO Jason Grumet after the 2024 presidential election: “The American Clean Power Association congratulates President Trump on his hard-fought victory. ACP looks forward to working with the Trump-Vance Administration to unleash American-made energy, deliver reliable power to the grid, grow the economy, and enhance our … Continue reading ACP Statement on Election Results
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EU Innovation Fund awards big grants to 6 innovative wind turbine factories
Last week the European Commission announced the results of the latest call of the EU Innovation Fund. For the first time the focus of the call was firmly on clean power manufacturing. 6 wind energy projects are among the winners. “The results of the latest Innovation Fund call are excellent. The European Commission has finally … Continue reading EU Innovation Fund awards big grants to 6 innovative wind turbine factories
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Romania advancing its plans for more wind energy
After 10 years of slow growth, Romania wants to boost its wind energy again. Energy Minister Sebastian Burduja summarised their plans at the Power Shift Summit in Bucharest on 29 October: onshore wind CfD auctions starting now; grid expansion underway with the support of EU funds; and the first offshore wind in the Black Sea … Continue reading Romania advancing its plans for more wind energy
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Translate offshore wind energy and biodiversity targets into concrete actions
Over 150 participants from politics, industry, NGOs and academia gathered today to align EU offshore wind targets with biodiversity goals at the “Strong Winds, Thriving Seas – Turning Ambition into Action for Nature-Friendly Offshore Wind and Grids” conference. At today’s “Strong Winds, Thriving Seas” conference, participants identified actionable and innovative strategies to help align the … Continue reading Translate offshore wind energy and biodiversity targets into concrete actions
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Draghi says PPAs are good for EU competitiveness: all EU rules must reflect that
Europe must leverage the significant potential for private financing stemming from PPAs. The recent “Draghi Report” on the EU’s competitiveness and economic security singled out PPAs as a key tool for strengthening the EU’s industrial resilience. PPAs have significant benefits: they enable European companies to procure clean energy at competitive and predictable prices. They increase … Continue reading Draghi says PPAs are good for EU competitiveness: all EU rules must reflect that
Continue readingConcern and uncertainty in the wind energy sector over the new draft bill on fiscal and administrative measures from the Xunta
The draft bill on fiscal and administrative measures from the Xunta has begun its parliamentary process. The wind sector believes that the text proposes a paradigm shift in relation to the repowering of wind farms, which clashes head-on with the fundamental principles of the existing legal system. The wind sector, understanding that the spirit of … Continue reading Concern and uncertainty in the wind energy sector over the new draft bill on fiscal and administrative measures from the Xunta
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