World Energy Council’s Post

A new report from Rhodium Group and MIT - Center for Energy and Environmental Policy Research reflects a monumental leap forward in the United States in the adoption and deployment of a record $239 billion of investments in clean energy, clean vehicle, building electrification and carbon management technologies in 2023. https://lnkd.in/gp4xN7wq

📰 New briefing - Placing decarbonisation at the heart of Industrial Strategy - https://bit.ly/3LKc5qr 📰 Marking the first in a series of associated publications, a successful industrial strategy for the UK must deliver growth and decarbonisation in parallel, while seizing opportunities for clean energy supply chains and incentivising sustainable growth in high-potential sectors. See the new report here: https://bit.ly/3LKc5qr

"President Biden’s Investing in America agenda is ensuring our manufacturing sector continues to create good jobs and power our economy, particularly by providing small- and medium-sized firms the resources they need to improve energy efficiency and reduce costs and emissions,” said U.S. Secretary of Energy Jennifer M. Granholm. “By helping manufacturing facilities implement cost-effective decarbonization solutions, today’s announcement reinforces DOE’s efforts to strengthen American manufacturing competitiveness for generations to come while tackling the climate crisis.”    #cleanermanufacturing #energyefficancy #industrialemissions  #greenenergy #decarbonization #smallmanufacturers #manufacturingjobs #netzeroeconomy #cliamteaction #infrastructurelaw #renewableenergy #environmentaljustice #energymanagment #industrialdecarbonization #economicrevitalization https://lnkd.in/dBGmA7MZ

The Industrial Energy Transformation Fund To invest in energy efficiency and low carbon technologies that will ensure your operations runs efficiently and reduces your carbon emissions. DO YOU QUALIFY

$213 billion in clean technology and infrastructure investments have been made in the past year, according to this newly released database from MIT - Center for Energy and Environmental Policy Research. The Clean Investment Monitor database, a new collaboration between MIT CEEPR, Institute Innovation Fellow Brian Deese and the Rhodium Group, offers a means of assessing the country’s progress in transitioning to a cleaner economy and reducing greenhouse gas emissions. Learn more and explore here: https://lnkd.in/g8sirS8S #ClimateTech #EmissionsReduction

The latest briefing from Aldersgate Group outlines strategies for the UK Government to seamlessly incorporate decarbonisation into its industrial policy, emphasizing the vital role of a clean industry in driving economic growth. 💬 Stew Horne, our head of policy said: “The report comes at a critical time as the UK Government strives to deliver clean power by 2030. Retrofitting the UKs housing stock is key to achieving this mission, reducing energy demand and lowering carbon emissions. The expected Warm Homes Plan aims to kickstart this by upgrading five million homes. As the Aldersgate Group highlights, a joined-up industrial strategy approach will be vital to ensure the UK Government delivers on this ambition. The retrofit supply chain must be supported to expand sufficiently if it is to meet an increase in demand. Alongside this, measures to incentivise young people into the industry as well as to reskill the existing workforce to install low carbon technologies will be crucial to ensure the industry can deliver at the pace and scale required.”

Mackinac Takeaways: Michigan's Energy Future is a Team Sport My colleague Jon Sohn and I had the privilege of attending the annual Mackinac Island Policy Conference. This unique event is held on the car-free Mackinac Island, where people can get around on foot, bike, or horse-drawn carriage after arriving by boat. The Mackinac Policy Conference is Michigan’s leading policy and solutions-oriented conference. This year, we were especially delighted to meet and speak with Governor Gretchen Whitmer, House Representative Bill G. Schuette, Senator Kristen McDonald-Rivet, Tony Stamas, President of the Midland Business Alliance, President & CEO of CMS Energy and Consumers Energy Company Garrick Rochow and  Jeff Stoutenburg from Dow. This year's conference was particularly significant because it focused on "Bridging the Future Together” with the priorities of strengthening infrastructure, attracting business and jobs, and leading on innovation and equity. What struck me most at Mackinac was the shared purpose for an equitable and thriving Michigan. Access to reliable, affordable, and increasingly sustainable energy is a crucial foundation of that future. Our Midland Cogeneration Venture (MCV) facility in Midland is a cornerstone of Capital Power's presence in Michigan's energy landscape. As a 1,600-megawatt natural gas-fired power plant, it provides electricity to Michigan’s core companies, including Consumers Energy, Dow, and Corteva Agriscience. Beyond its operational significance, MCV also serves as a testament to our commitment to the community as employers and partners. MCV also symbolizes how to approach the future of energy production to benefit the economy and the environment. Currently, Capital Power is exploring some exciting decarbonization technologies for MCV that align perfectly with Governor Whitmer's Healthy Climate Plan, including a feasibility study for carbon capture and storage (CCS). My big takeaway from the week is that Capital Power’s growth in Michigan offers many opportunities through strategic partnerships, innovation, policy leadership, and forward-looking views on the power sector. #MackinacPolicyConference #MichiganEnergy #Sustainability #MPC24

An industrial strategy with decarbonisation at its heart is vital for the UK Government's growth mission. In a new briefing, the Aldersgate Group outlines key policy priorities to deliver this effectively. “SUEZ welcome this timely briefing from the Aldersgate Group, a clear industrial policy should help facilitate the delivery of net zero targets, enable significant investment in low carbon technologies and prompt new research and development. We believe that decarbonisation must not only be at the heart of a new and improved industrial strategy, but it must also underpin the development of a new economy, one that is circular and delivers resource efficient, low carbon systems and infrastructure." John Scanlon, CEO at SUEZ UK. Read the briefing here: https://bit.ly/3LKc5qr #Netzero #Decarbonisation

The Biden-Harris administration has just announced $5 million in funding to strengthen domestic manufacturing capabilities and support small- and medium-sized manufacturers. As part of President Biden’s Investing in America Agenda, this funding will support 37 new small- and medium-sized manufacturers to improve energy efficiency, lower costs, increase productivity, and reduce industrial emissions. This initiative is a significant step towards creating a more sustainable manufacturing industry in the United States. By investing in energy-efficient technologies and reducing industrial emissions, these small- and medium-sized manufacturers can lower their costs and increase their productivity, while also contributing to a more sustainable future. To learn more about this exciting development, check out the link below. ⬇️ #GovDelivers #GovEquity 🇺🇸

The U.S. Department of Energy’s Office of Fossil Energy and Carbon Management (FECM) is reopening of its carbon management program. Up to $24 million in funding is now available to support innovative CO2 transport solutions for permanent geologic storage or conversion into useful products. This initiative, a key part of President Biden’s Investing in America agenda, aims to build a large-scale carbon storage industry essential for achieving a net-zero emissions economy by 2050. Whether by pipelines, rail, trucks, barges, or ships, the focus is on safe, region-specific transport solutions. To meet the U.S.'s net-zero commitments, the nation needs to capture and store up to 1,800 million metric tons of CO2 annually by 2050. This requires a massive expansion of its CO2 transport network, connecting sources like industrial facilities and power plants to secure storage sites or locations for conversion into fuels, chemicals, and building materials. Key highlights: 🔹 $24M available for FEED studies on CO2 transport networks. 🔹 Focus on cost, network configurations, and industrial-scale deployment. 🔹 Emphasis on environmental justice, equity, community engagement, and workforce development. Since January 2021, FECM has committed $853 million to advancing carbon transport and storage technologies, driving economic development, innovation, and high-wage jobs in the clean energy sector. The application deadline is July 9, 2024. Reach out to us to learn how Energy Transition Finance LLC can help accelerate your sustainable project through public-private partnerships and government funding: https://hubs.la/Q02xsb640 #Sustainability #CarbonManagement #CleanEnergy #NetZero #DOE #FECM #InvestingInAmerica