smartEn Smart Energy Europe’s Post

📢 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

📢 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

#SolarNews — The European Commission has launched the #EuropeanSolarCharter to strengthen the solar photovoltaic manufacturing sector across the EU. Announced alongside the informal Energy Council meeting with 23 EU energy ministers and industry representatives, this initiative aims to boost the competitiveness of European solar manufacturers and emphasizes a collective commitment to producing high-quality, sustainable, and resilient solar products that align with the EU's climate and energy goals. The Charter outlines specific actions, such as implementing non-price criteria in renewable energy auctions and other support schemes as outlined in the Net-Zero Industry Act. The Charter also seeks to promote a strong market for locally made solar panels, ensuring that Europe’s green transition is both industrially beneficial and environmentally sustainable. #SolarPower #GreenTech #CleanEnergy #RenewableEnergy #SolarEnergy

We are in a fast pacing world... And in 2024, in the Renewable Energy Industry, we are going to see continual changes and developments that we will need to make sure we are in a strong position to adapt to. Here are just some of the predicted developments to look out for:- ➡️ Government Policies and Incentives: There is an anticipation of an increase in subsidies, tax incentives, and regulatory frameworks that are more favorable to renewable energy projects. These policies are essential in encouraging the adoption of renewable technologies and attracting investments. ➡️ Grid Integration and Decentralized Systems: Efforts will focus on upgrading grid infrastructure to manage the variability of renewable sources effectively. This will include the implementation of advanced technologies like smart grids and distributed energy systems. Additionally, decentralized renewable energy systems are expected to become more prevalent, especially in remote and rural areas, offering a sustainable and reliable alternative to traditional grid-based energy. ➡️ Corporate Investment and Commitment: Corporate investment in renewable energy is expected to rise significantly in 2024, with more leading companies in key business sectors committing to renewable energy targets and investing in green energy projects as part of their sustainability strategies. ➡️ Industry Growth and Market Share: Renewable energy as a source of electricity generation is projected to increase, with a total percentage of U.S. power generation expected to reach 24% in 2024, up from 21% in 2022. This growth is attributed to the increase in solar energy production and the establishment of offshore wind and green hydrogen industries. ➡️ Global Energy Consumption and Demand: Global energy consumption is expected to grow by 1.8% in 2024, largely driven by strong demand in Asia. This growth is likely to impact the renewable energy sector and its role in meeting the increasing energy demand. I hope this predictions give a good overview of what we can expect in 2024. What can you add to this list? #renewableenergy #globalenergyconsumption #greenenergy

The winds of change blow stronger 📈 In the first three quarters of 2023, Germany has increased its share of renewable energies in gross electricity consumption to 52 percent - an almost five percentage points rise compared to the previous year! 👏 The electricity landscape is changing, with innovation and sustainability going hand in hand. Despite all the challenges, we are delighted to see such results and to be a part of it. 💙 #renewableenergy #windenergy #solarenergy #pv #energytransition #VSB #sustainability

🔋🌿 Battery Energy Storage Solutions (BESS) are positioned to play a crucial role in Europe's journey towards renewable energy goals. 2023 is anticipated to be a transformative year for BESS in Europe. Despite the challenges posed by renewable energy's intermittency, utility-scale batteries offer a reliable solution by storing surplus energy during peak production periods. Investors are actively engaging in BESS technology, aiming to establish some of the largest portfolios across Europe. However, regulatory barriers in some European countries hinder widespread BESS adoption. There's an urgent need for policymakers to establish consistent regulations and long-term incentives to support battery storage systems, drawing from successful models implemented elsewhere. With the EU setting ambitious energy transition targets, there's a clear call for harmonized regulations and exemptions for storage systems from grid charges to unlock their full potential. As lithium-ion battery technology advances, BESS projects demonstrate their feasibility and attractiveness to investors. Looking ahead, a transition to longer-lasting storage solutions like hydrogen is anticipated as renewable penetration exceeds 80%. In conclusion, Europe must swiftly provide a regulatory framework to unleash the full potential of battery technology and achieve its energy transition objectives. Investors stand ready to contribute significantly, awaiting regulatory clarity to propel the sector forward. #RenewableEnergy #BatteryStorage #EnergyTransition #ESG #InvestmentOpportunity #EnergyEfficiency #IndustrialSector #Sustainability #Collaboration #EUInitiatives #EnItSpa

🌍 𝐍𝐞𝐭-𝐙𝐞𝐫𝐨 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐀𝐜𝐭 𝐚𝐩𝐩𝐫𝐨𝐯𝐞𝐝 🌱 Last week, the European Parliament gave green light to the Net-Zero Industry Act, setting a target for Europe to produce 40% of its annual deployment needs in net-zero technologies by 2030 (based on National Energy and Climate Plans). The Act also aims to capture 15% of the global market value for these transformative technologies supporting among others renewable and energy storage technologies.    By deploying our energy storage solutions made in Europe, businesses can combat their escalating costs and also embrace sustainability: phase out pollution and noise, become ‘greener’, more productive, and in control of their energy usage and costs. Setting a good example, Exide Technologies is already operating three photovoltaic installations in our plants in Portugal and Spain.☀️🔋    Learn more about our transformative energy solutions: https://lnkd.in/emT74f-t   #exide #exidegroup #exidetechnologies #euparliament #nzia #netzeroindustryact #sustainability #renewables #renewableenergy #energystorage #batteries #energizinganewworld

⚡Rethinking UK's Energy Landscape: A Path to Sustainability?⚡ Ofgem is advocating for the utilization of electricity when renewable sources like wind and solar are abundant, potentially reshaping our energy consumption patterns. By embracing this approach, households could save billions annually and also reduce the necessity for new fossil-fuel-based power plants, propelling us closer to a greener future. The regulatory body aims to determine the most effective way to engage customers in what some consider a ‘holy grail’ for the future of the energy system – ensuring that people utilize electricity when it is more readily available. However, consumers are pointing out that this approach could be a scapegoat, shifting the responsibility onto consumers to use energy when it is abundant, rather than concentrating on generating the required energy for the country when demand arises. #EnergyTransition #UKRenewables #CollaborativeInnovation #Tradesparky

🎉 2023: Celebrating a RECORD Year for RE-Source and corporate energy procurement! A massive thank you to all our partners and stakeholders who have played a crucial role in making 2023 a historic year for renewable energy sourcing.      🤝 RE-Source 2023 event: This year's RE-Source event in Amsterdam brought together over 1,300 registrations and more than 350 corporate energy buyers, breaking records, highlighting the market's vibrancy and the surging demand for renewable energy. 👇 Watch the after-video below.    📈 Record-breaking EU PPA market: The record-breaking level of GWs contracted in 2023 continues the year-on-year growth of renewable corporate PPAs. This proves that corporates are stepping up their commitments to the energy transition. ➡ Keep an eye out for our new-year webinar to present the final data for 2023!    🔓 Collaboration for change: Policymakers, renewable energy buyers, and suppliers worked together to leverage the EU’s Electricity Market Design (EMD) to address persisting regulatory barriers to PPAs.     See you in 2024!    #CorporateSourcing #RenewableEnergy #RESource  WindEurope SolarPower Europe Climate Group WBCSD – World Business Council for Sustainable Development