net zero

A report published by Irena hints the world’s politicians will have to get to work immediately to avoid another generation of fossil fuel-fired hydrogen, ammonia, and methanol plants being set up to run into the second half of the century.

A conference about the UK’s electricity market showed organizations are considering the future of the country’s energy sector and how to achieve a net zero economy.

Developed by Swedish manufacturer Polestar, the hard-top convertible incorporates a drone that can be launched from its dock behind the rear seats whilst driving to capture footage of the journey. In other news, Sony and Honda tie-up to make electric vehicles, Ford splits gas-powered and EV businesses, Stellantis unveils a strategic plan to reach net-zero by 2038, and Tesla offers free supercharging near Ukraine. Panasonic has also unveiled plans for two new production facilities for its large-format cylindrical battery cells.

With solar readmitted to the process for subsidizing new renewable energy generation capacity, the government says it is “hitting the accelerator” on clean power as it aims for a fully decarbonized electricity system by 2035.

BloombergNEF’s Jenny Chase has surveyed the state of affairs in world solar for clean energy journal Joule and said the technology’s historic ability to surmount obstacles – and persistently confound analysts’ predictions – should offer a reason for hope.

Advances in solar power and other clean energy technologies have failed to keep up with demand for electricity as economies rebound from the Covid crisis and China and India’s fossil fuel appetite will ensure the world stays well short of what is needed for a net zero 2050 for at least the next three years.

The transaction, for which Shell did not reveal the purchase price, will see the energy company pick up a U.S. project development pipeline which reportedly runs to more than 18 GW of solar generation and energy storage capacity across 26 states.

The Paris-based body expects the world will have installed almost 160 GW of solar this year, a record number, but still not enough to keep the prospect of a net zero global economy by mid century in sight.

Australia’s largest energy gen-tailer, AGL, says it has received approval for a 200 MW/800 MWh grid scale battery to be developed at the site of its coal-fired Loy Yang power station in Victoria’s Latrobe Valley.

Clean energy trade group the Canadian Renewable Energy Association has told policymakers CA$8 billion worth of solar and wind projects will be needed each year to decarbonize the electricity supply by 2035 and remove net emissions by mid century.