Simon Pearce’s Post

📢 EU action needed: Recognise EV battery manufacturer’s PPAs! The Draft Delegated Act on the EV battery carbon footprint methodology risks hampering Europe's growing power purchase agreement (#PPA) market – a key decarbonisation tool for corporates. Together with other corporate renewable energy buyers, producers, and energy transition leaders, we call the European Commission and Member States to: ✅ Recognise PPAs in the #EV battery carbon footprint methodology as one of the options in addition to the average grid mix. ✅ Don’t create parallel carbon accounting methodologies and risk double-counting. Read the full joint letter and join us in urging the EU to act: https://lnkd.in/eQDGKeUb   Cefic | EnergyTag | Global Renewables Alliance | The International Tracking Standard Foundation: Founder of I-REC | RECS Energy Certificate Association | RE-Source Platform | smartEn Smart Energy Europe | SolarPower Europe | WindEurope #SupportPPAs #sustainability #EU #EVbatteries

This year's RE-Source conference was undoubtedly a great success! With insightful panel discussions, engaging conversations, and an overall energetic atmosphere, the event once again proved its significance in the renewable energy sector. After 2 electrifying days, we've distilled 3 key takeaways: - The record number of buyers in attendance underscores the undeniable importance of renewable energy procurement. Despite challenging policy environments, the interest in Power Purchase Agreements (PPAs) continues to increase, yet there's still untapped potential in the market. - This year's conference was notably beginner-friendly, catering to those looking to explore options and opportunities in diverse European markets. Multiple sessions provided compelling arguments for both buyers and sellers, emphasizing the benefits of PPAs and offering strategies to convince CFOs. - Reporting standards matter more than ever. The speakers brought up the revision of the GHG Protocol, and buyers are increasingly seeking solutions that align with CDP, RE100, and GHG protocol guidelines. We express our sincere appreciation to the RE-Source Platform, all the dedicated speakers, and enthusiastic participants for making this year's event another resounding success. We're driving positive change in the renewable energy landscape together! #resource2023 #businessleadership #climatesolutions #renewableenergy #ppas

An update on Clean Energy Manufacturing by International Energy Agency (IEA) #Cleanenergy tech manufacturing is on the rise 📈, driven by supportive policies, corporate strategies, and growing consumer demand. The global energy crisis has added urgency to strengthen energy security and diversify supply chains. 🌞🔋 This Energy Technology Perspectives (ETP) Special Briefing focuses on five critical technologies: solar photovoltaic (PV), wind, batteries, electrolyzers, and heat pumps. 📊 Key Findings: 🌞 Solar PV output projections increased by 60% 🔋 Batteries' capacity grew by 72% 🚛 Diversification of supply chains is underway ⚙ Geographical concentration in manufacturing is evident 📃 Policy changes are driving clean tech growth 💰 The projected output for clean technologies exceeds demand, suggesting attainable deployment levels for climate pledges. 🌱 China leads the way with the potential to capture a significant share of global clean tech manufacturing. The European Union and 🇺🇸 United States are making strides towards self-sufficiency in key technologies. 🌐 It's clear that governments must balance climate and energy security with economic opportunities. 💪 TeamTech Environment Health and Safety Private Limited #ESG #TeamtechEHS #CleanEnergy #Manufacturing #RenewableTech #EnergySecurity #ClimateAction 🌱🏭🔌 🌿

Megawatt-X joins industry leaders to advocate for the rapid implementation of Granular Guarantees of Origin (GOs) within the established issuing bodies of the EU as a voluntary instrument for advanced clean energy products! Additional attributes of the Guarantees of Origin provide more transparency to consumers about the electricity origin tracking and source disclosure. 🕘 Granular GOs add the sub-hourly time of production, enabling the matching of produced energy to consumption on an hourly basis. It is the only logical evolution of GOs, and the only way forward, more now that the Renewable Energy Directive enables it. To be more specific, Granular GOs offer several benefits, among others: --> They will be needed for verification of Green Hydrogen. --> They create signals for flexibility and value of the (renewable) energy. --> They will enhance voluntary claims, limiting greenwashing. More granular tracking brings multiple benefits to the #energytransition, read our letter to learn more 👉 https://lnkd.in/gKH5Z5Fg Clean Air Task Force | EASE - The European Association for Storage of Energy | Electricity Maps | EnergyTag | Flexidao | Google | Granular Energy | Iron Mountain | Long Duration Energy Storage Council (LDES Council) | LevelTen Energy | Microsoft | 🔅💨 Megawatt-X 💦 ⚡️ | 🎙Redefining Energy | Renewabl | Smartenergy #energy #electricity #electrification #decarbonisation

📢 EU action needed: Recognise EV battery manufacturer’s PPAs! RE-Source Platform, alongside corporate renewable energy buyers, producers, and energy transition leaders, is calling for urgent action from the EU! 🚗 🔋 The Draft Delegated Act on the EV battery carbon footprint methodology risks hampering Europe's growing power purchase agreement (PPA) market – a key decarbonisation tool for corporates. We call the European Commission and Member States to: ✅ Recognise PPAs in the EV battery carbon footprint methodology. ✅ Continue incentivising EV battery supply chain to decarbonise their electricity supply by combining PPAs and Guarantees of Origin (GOs). ✅ Don’t create parallel carbon accounting methodologies and risk double-counting. Read the full joint letter and join us in urging the EU to act! [link in the comments]   #PPAs4EVbatteries #SupportPPAs #Sustainability #EU #EVBatteries Cefic EnergyTag Eurelectric Global Renewables Alliance The International Tracking Standard Foundation: Founder of I-REC RECS Energy Certificate Association smartEn Smart Energy Europe SolarPower Europe WindEurope

In anticipation for tomorrow's announcement on the second Review of Electricity Market Arrangements (REMA) by the Department for Energy Security and Net Zero, RenewableUK have published our latest response below: 𝗥𝗲𝗻𝗲𝘄𝗮𝗯𝗹𝗲𝗨𝗞 𝗥𝗘𝗠𝗔 𝗽𝗼𝘀𝗶𝘁𝗶𝗼𝗻: 𝗱𝗲𝘃𝗲𝗹𝗼𝗽𝗶𝗻𝗴 𝗮𝗻 𝗲𝗻𝗱𝘂𝗿𝗶𝗻𝗴 𝗮𝗻𝗱 𝗶𝗻𝘃𝗲𝘀𝘁𝗮𝗯𝗹𝗲 𝘀𝗲𝘁 𝗼𝗳 𝗺𝗮𝗿𝗸𝗲𝘁 𝗮𝗿𝗿𝗮𝗻𝗴𝗲𝗺𝗲𝗻𝘁𝘀: https://lnkd.in/eK85g6sm As a successor to 2013’s Electricity Market Reform package, the REMA package should set out enduring options that will lay the foundation for our future energy system. The reforms should not disrupt investment flows through radical options, but rather act as the bedrock of investor confidence and market attractiveness 📊 ⚡ #REMA #electricity #marketreform #energycrisis #energybills #investment Yonna Vitanova Ana Musat Barnaby Wharton Nick Hibberd David Stewart Nathan Bennett

📣 Some take-aways from the latest RE100-report: ➕ Strong growth of demand for electricity from renewable sources by RE100-members: 105 TWh! ➕ Growth is coming from sectors like manufacturing and services, which were not at the forefront earlier ➖ The EU-companies are not on track to achieve the goals set out ➕ Strong growth of corporate PPAs and sustained growth in use of Energy Attribute Certificates (EAC) such as Guarantees of Origin (GOs) and I-RECs ➖ There is a rise in faulty/absent reporting (a concern when we know that reporting will be much more important – and harder - in the future: CSRD, GHG, etc!) ➕ Good to hear that RE100 stands 100% behind market-based mechanisms for assessing the use of renewable electricity!   ✔ Thanks to Ecohz for the very interesting webinar! #GuaranteesofOrigin #RE100 #renewableelectricity #IREC #CSRD #reporting #GHGprotocol #renewables

🚀 Transitioning Renewable Energy: Key Insights from the Latest Council of European Energy Regulators (CEER) Report 🌍 The CEER Paper on Unsupported Renewable Energy Sources (#RES) highlights important trends and challenges for RES installations as they end their financial support periods. Here are the main takeaways: #Germany ranked first with the largest share of supported installed capacity, with 123 GW of renewable energy at the end of 2022, as well Germany also has Support schemes for renewable energy that were introduced as early as 2000 Current State: Only a small portion of RES installations currently operate without financial support, but around 33% will reach the end of their support by 2030. Legal Framework: Most countries have not yet adapted their legal frameworks to address the needs of unsupported RES installations, indicating a need for future changes. Business Models: Unsupported RES installations mainly sell their electricity via retailers, with Power Purchase Agreements (#PPAs) and self-consumption also popular strategies. Challenges: Key challenges include securing building permits, accessing the grid, and managing balancing responsibilities. Future Developments: New business models and market adaptations will be essential as more installations reach the end of their support periods. As the energy landscape evolves, it's crucial for stakeholders to prepare for these changes and support the continued growth of renewable energy. *** Read the full report : https://www.ceer.eu/2404 . . #RenewableEnergy #Sustainability #EnergyTransition #CleanEnergy #CEER #EU #Renewables #EnergyPolicy #FutureOfEnergy #Denmark #Spain #Portugal #Netherlands #Italy #Luxemburg #Latvia #France #Finland #DSO #TSO #Feed_in_premium  

Happy REMA day!   Today marks the deadline for the second phase of the ongoing Review of Electricity Markets Arrangements (REMA) consultation. At its most basic level it is designing the markets to take us from where we are today to a decarbonised electricity system where Renewable Energy Sources will make up the largest share of generation on the system.   RenewableUK has worked with our members to develop a position paper which sets out our key principles for developing an enduring and investable set of market arrangements.   🔶 An enhanced national market - with a reformed CfD, predictable and long-term TNUoS signals, Balancing Mechanism Reform, and optimised interconnector dispatch.   🔶 A robust constraints market - with forward and local constraints markets that have adequate liquidity and more accurate forecasting from the system operator. Reducing constraints will also be delivered by building adequate grid capacity, progressing the recommendations of the Transmission Acceleration Action Plan, and delivery of Centralised Strategic Network Plan.   🔶 Evolution of the current CfD framework - with reforms that decouple payment from output to mitigate some of the distortions related to the status quo.   🔶 Enabling a route to market for long duration flexibility - through the implementation of a cap and floor system for long duration electricity storage (LDES) and dispatchable power agreement for hydrogen to power (H2P).   🔶 Creating different revenue streams for key technologies, for example by enabling greater participation of flexible low carbon technologies in the Optimised Capacity Market.    🔶 Legacy arrangements - Market reforms that significantly impact the revenues of generators should be accompanied by full grandfathering arrangements to preserve investor confidence.   You can find out more in here: https://lnkd.in/eK85g6sm   Massive thanks to my colleagues Yonna Vitanova, Ana Musat, Peter McCrory & Barnaby Wharton for their hard work producing this paper and for working tirelessly on our final consultation response. #REMA #decarbonisation #marketreform #electricity #investment #energybills

ARENA Grants for Industrial Reduction of Scope 1 & 2 Emissions. Do you have an industrial facility in Australia and are keen to reduce Scope 1 and/or Scope 2 emissions? You may be a strong candidate for the ARENA grants. There are two associated funding programs: 1.  Powering The Regions: Industrial Transformation Stream (ITS) Program (For Regional Australia facilities that conduct National Greenhouse Energy Reporting (NGER) – R1 Focus Area: Process Heat - $150 million) 2.  National Industrial Transformation (NIT) Program (Anywhere in Australia - $40 million) Both programs aim to improve the commercial readiness of Renewable Energy, Energy Efficiency, and Electrification Technologies that would significantly reduce Scope 1 and/or Scope 2 emissions or improve the energy efficiency of an industrial process. In late June, ARENA announced a range of grants awarded, including $143 million conditional approval for 370 community batteries, and through the NIT program, $1.89 million to 10 businesses that are looking to deploy renewable technologies and decarbonise. Schneider Electric has strong capability and a local and international presence in Energy Efficiency and Electrification Technologies and can support and facilitate the application process. Please contact Carlo Boghdadi in our Sustainability Business for the next steps and support to reach your sustainability and electrification goals ([email protected]). #decarbonization #sustainability #electrification