Global Renewables Alliance’s Post

🇪🇺 Two years with #REPowerEU: GRA joined the European Commission to celebrate and accelerate action on #renewables “All renewable energy technologies will be needed to contribute to the renewable's deployment revolution,” underscored Kadri Simson, #EU Commissioner for Energy, at the European Commission’s high-level round-table where stakeholders from the #renewables industries met to take stock on #REPowerEU and discuss the actions needed to further accelerate the clean #EnergyTransition. “The EU needs to continue focusing on grids to ensure that renewables generation deployment is matched by network development and upgrade. At the same time, this ambitious renewables deployment should also go hand in hand with stronger and robust EU clean technologies supply chains,” she added.  With record breaking installations of renewable energy, 73 GW in 2023, #REPowerEU is a proven success. However, further action is required to ensure that the EU reaches the target set in the Revised Renewable Energy Directive #REDIII. “We have moved from rules and target setting to a focus on implementation, with the Wind Power Package and the Grids Action Plan,” said Commissioner Simson. Bruce Douglas, CEO of GRA, highlighted the role of the EU as a pioneer for renewable energy policies globally:  "Huge kudos to the European Commission for the incredible achievements in just two years with #REPowerEU. It clearly demonstrates the power of a well guided policy action, and the speed and energy security benefits of renewables. If only we had a RepowerGlobal plan to help deliver the #3xRenewables!" GRA’s #Time4Action campaign drives action on #finance, #permits, #SupplyChains, and #grids, to globalise the renewables revolution and achieve the global #3xRenewables target. See more: https://lnkd.in/dbvUU6BC WindEurope | SolarPower Europe | Renewables Grid Initiative | Eurelectric | Euroheat & Power | PPC S.A. | smartEn Smart Energy Europe | European Renewable Energies Federation (EREF) | BEUC - The European Consumer Organisation | Ocean Energy Europe | EUREC - The Association of European Renewable Energy Research Centres | Global Wind Energy Council (GWEC) | Global Solar Council (GSC) | International Hydropower Association (IHA) | International Geothermal Association | Long Duration Energy Storage Council (LDES Council) | Green Hydrogen Organisation - GH2

Industry group #BusinessNetworkforOffshoreWind (#BNOW) has changed its name to Oceantic Network to reflect its expansion into the “larger mosaic of ocean-based renewable energy technologies”, the group stated. Founder and CEO Liz Burdock said: “Our members recognise that the oceans – whose winds they have devoted a decade to harnessing – hold a far greater store of energy than previous generations ever imagined. While remaining focused on #offshorewind, Oceantic will also promote #greenhydrogen, #waveenergy, #tidalenergy, #offshoresolar, and other at-sea #renewables #energytransition #industrialtransformation #renewablepower #cleanenergy U.S. Department of the Interior U.S. Department of Energy (DOE) https://lnkd.in/eGDXvGVN

When it comes to marine renewables, the Marine Energy Test Centre (METCentre) in Norway stands out as a beacon of innovation. But what makes this place so special? 🇳🇴🌊 Situated 10 km offshore in deep waters, it’s an ideal spot for testing floating wind, solar, and wave energy technologies. From hosting the world's first floating wind turbine to pioneering projects like the TetraSpar Demonstrator (a cutting-edge floating wind turbine design aimed at reducing costs and increasing scalability in offshore wind energy), METCentre has a track record of breakthroughs in renewable energy. Now, Aker Solutions — a global provider of products, systems, and services to the oil and gas industry — is partnering with MET Centre to develop technology for more sustainable energy production. They're piloting the world's first subsea power distribution system for floating offshore wind at the METCentre. The technology includes the Subsea Collector, a game-changer that could reduce offshore wind farm costs significantly by making construction more flexible and less resource-intensive. It's set to go live by 2026. This collaboration is a prime example of how expertise from traditional energy sectors is driving forward marine renewable energy. The work done here won't just benefit Norway; it should help push the development of FOW and renewable energy worldwide. Looking forward to seeing how it progresses! #MarineRenewables #SustainableEnergy #floatingoffshorewind Render Credit: Aker Solutions

Just now: #G7 statement supports global energy storage target to deliver on #3xRenewables commitment, with progress on coal phase out but no concrete plans for gas Today the G7 countries, among the world's largest industrial economies, confirmed their support of a global energy storage goal and echoed the core actions identified by the Global Renewables Alliance to deliver 11.000 renewable gigawatts by 2030.  “We are fully committed to the implementation of the global goal of tripling of installed renewable energy capacity by 2030 to at least 11 TW, and to ensure decisive action to mitigate challenges from permitting, financing and social acceptance to close the gap of 2000 GW in 2030,” states the G7 communique. 🎯 6-fold increase in #EnergyStorage by 2030: At COP28, the world committed to tripling the global renewable energy capacity by the end of this decade. To deliver on this target, the energy storage capacity must be accelerated to optimise the power system. The G7 countries commit to “contributing to a global goal for energy storage in the power sector of 1500 GW in 2030, a more than six-fold increase from 230 GW in 2022 including through existing targets and policies.” 🎯Commitment to create renewables-fit policies and regulations to: ⏺ scale finance in renewables, ⏺ accelerate permitting procedures, ⏺ scale investments in electricity optimisation, transmission and distribution #grids,  ⏺ build diversified, sustainable, secure and transparent #SupplyChains,  ⏺ and accelerate the deployment of #OffshoreWind and #SolarPV. The G7 outcome brings the energy transition forward, but as Ember and Climate Analytics have previously shown, the countries fall short of the global #3xRenewables commitment without a joint G7 target to triple their renewable energy capacity by 2030. GRA and over 300 companies and organisations says: It’s #Time4Action to deliver on the global #3xRenewables target. Global Wind Energy Council (GWEC) Ben Backwell | Global Solar Council (GSC) Sonia Dunlop | International Hydropower Association (IHA) Eddie Rich | Long Duration Energy Storage Council (LDES Council) Julia Souder| Green Hydrogen Organisation - GH2 Jonas Moberg | International Geothermal Association Marit Brommer

Exciting news for the renewable energy industry! The U.S. Department of Energy's Wind Energy Technologies Office (WETO) and Innovation Fund Denmark are teaming up to release a $4.2 million funding opportunity to advance #FloatingOffshoreWind energy systems toward cost-effective commercialisation and wide-scale deployment. This will improve mooring technologies and methods to encourage bilateral collaboration and create jobs. Did you know that preventative #maintenance techniques can have a significant impact on the performance and cost-effectiveness of floating offshore wind energy systems? ilosta (Crack Map™) is an innovative data analytics company that provides inspection insights for wind turbines. Leveraging data analytics, we help wind farms identify potential issues and minimise downtime, thus maximising energy production and reducing costs. As the renewable energy industry continues to grow and evolve, it's important that we prioritise innovation and collaboration to achieve our goals. Let's continue pushing the boundaries and striving for excellence in the renewable energy industry. #Innovation #RenewableEnergy #OffshoreWind

‘Biggest wind farm in Africa’ to be completed by 2025 ◾The Koruson 1 cluster of three wind farms outside Middelburg and Noupoort, with total installed capacity of 420 MW, is expected to be commercially operational by the first quarter of 2025. ◾Touted as the “biggest wind farm in Africa”, the Koruson 1 project includes three sites (Phezukomoya, San Kraal and Coleskop) spread across 50 square kilometres with 78 wind turbines installed on concrete towers. The 124 m-high concrete towers comprise 50 keystones – all manufactured locally at a concrete tower factory outside Middelburg. ◾Half of the project’s 237 turbine blades and other required components have been delivered. Each blade on a turbine is 81,35 m long and weighs 28 tons. ◾Each wind farm has 140 MW capacity and the total investment in the project is R11bn, according to the South African Wind Energy Association. ◾A main transmission station and three substations are under construction to transmit power to Eskom. ◾The project, developed by EDF Renewables in partnership with H1 Holdings, GIBB-Crede and a local community trust, is part of Round 5 of the Renewable Energy Independent Power Producer Programme. The source: Energize #energyticslimited #energyefficiency #renewableenergy #windenergy #windfarm

Innovative Solutions Powering the Offshore Renewable Energy Revolution Offshore renewable energy is on the rise, offering a promising path to meet our global energy demands sustainably. Yet, it faces challenges such as high costs, complex logistics, and environmental concerns. But innovation is the key to overcoming these obstacles. Here's a glimpse of the exciting solutions on the horizon: Floating Wind Turbines: These turbines can operate in deeper waters, expanding the potential for offshore wind energy far from the coast. Tidal Turbines: Harnessing the power of tides to generate electricity, tidal turbines are particularly effective in coastal regions like the UK and France. Wave Energy Converters: Converting the energy of ocean waves into electricity, these converters are still in development but hold great promise. Offshore Solar: Solar panels placed on floating platforms, or the seabed offer a relatively new, location-dependent source of renewable energy. Beyond technology, innovative financial and policy approaches are supporting offshore renewable energy: Some governments provide subsidies and tax incentives for offshore projects. Carbon pricing mechanisms are being developed to enhance the competitiveness of offshore renewables. Real-world projects showcase these innovations: Equinor's Hywind Tampen: Set off the Norwegian coast, this floating wind farm, set to complete in 2023, will be the world's largest. EDF Renewables' MeyGen Tidal Project: Located in Scotland's Pentland Firth, MeyGen is the world's largest operational tidal energy project. Ocean Power Technologies' ReGen Wave Energy Project: Situated off Oregon's coast, ReGen marks the United States' first commercial wave energy project. SunPower's Helios: Off the Californian coast, Helios stands as the United States' inaugural commercial offshore solar project. These innovations are making offshore renewable energy more affordable, accessible, and sustainable. Expect offshore renewables to play a growing role in our global energy landscape. #RenewableEnergy #Innovation #OffshoreWind #TidalEnergy #WavePower

From floating turbines to fueling oil platforms, Norway is reshaping its coastline for a sustainable future. How did they turn the tides with the world's first floating turbine? How are they using renewable energy to power oil and gas platforms? What's on the horizon for Norway's offshore wind innovation? Read our latest blog to find out more. #offshorewindenergy #sustainableenergy #norway https://lnkd.in/eErMvTwS

The G7 global #energystorage target is very welcome. With more solar and wind energy coming on to the electricity grid, we need solutions to balance the grid including storing excess electricity when there is more sun and wind than the system can handle. Pumped Storage Hydropower (PSH) is the most effective long duration energy storage solution at scale. It takes time to build PSH. To increase the capacity of PSH by six times, we need to plan and build now! #pumpedstorage #WithHydropower #3xRenewables International Hydropower Association (IHA) Global Renewables Alliance