Hydrogen Forecast to 2050
Hydrogen has a crucial role in decarbonizing the world’s energy system, but uptake will be too slow. Governments need to make urgent, significant policy interventions, according to a new report by DNV.
Reports
Net-Zero Pathways for Cities: The Case Study of Wuzhong District, Suzhou, China
In 2020, Chinese President Xi Jinping announced, at the 75th United Nations General Assembly, that China will aim to peak carbon dioxide (CO2) emissions before 2030 and achieve carbon neutrality by 2060. Given that cities consume 85% of the total national energy supply in China and are responsible for around 70% of total national energy-related CO2 emissions, […]
Tracking SDG 7: The Energy Progress Report (2022)
This joint annual report from the custodian agencies of Sustainable Development Goal (SDG) 7 on energy, serves to guide international co-operation and policy making to achieve universal, sustainable energy access by 2030. The annual SDG 7 tracking report includes the official dashboard of global, regional and national progress on four key energy targets: 7.1: Ensuring […]
Innovation Trends in Electrolysers for Hydrogen Production
lectrolysis of water, using renewable electricity, is the sustainable option to produce green hydrogen as an attractive low-carbon energy carrier. To respond to the growing demand for renewables-based hydrogen, an extraordinary expansion of the market for electrolysers is needed linked to a significant capacity increase in the manufacture and deployment of electrolysers. A rapid reduction […]
Enhancing China’s ETS for Carbon Neutrality: Focus on Power Sector
The statement by President Xi Jinping in September 2020 that The People’s Republic of China (hereinafter, “China”) will “aim to have CO2 emissions peak before 2030 and achieve carbon neutrality before 2060” sets out a clear vision and timeline for a profound transformation of the country’s socio-economic development. The pace of China’s emissions reductions over the […]
Global Hydrogen Trade to Meet the 1.5°C Climate Goal: Green Hydrogen Cost and Potential
Hydrogen is an essential component of a net zero energy system and has a key role to play in decarbonising sectors that are difficult to electrify, such as heavy industry and long-haul transport. Vast green hydrogen potential exists around the world, equating to more than 20 times global primary energy demand in 2050. However, the […]
Unlocking the Potential of Distributed Energy Resources
Distributed energy resources (DERs) are small-scale energy resources usually situated near sites of electricity use, such as rooftop solar panels and battery storage. Their rapid expansion is transforming not only the way electricity is generated, but also how it is traded, delivered and consumed.
Renewable Energy Market Update
Renewable electricity capacity additions broke another record in 2021 and biofuels demand almost recovered to pre-Covid levels, despite the continuation of logistical challenges and increasing prices. However, the Russian Federation’s (hereafter, “Russia”) invasion of Ukraine is sending shock waves through energy and agriculture markets, resulting in an unprecedented global energy crisis. In many countries, governments […]
Financing for Sustainable Development Report 2022
Developing countries still have to regain lost ground from the COVID-19 pandemic. The pandemic has put more countries at risk of debt distress, constrained their fiscal space and hampered economic growth. The war in Ukraine is exacerbating all these challenges. In this context, the 2022 Financing for Sustainable Development Report identifies a “great finance divide” […]
Global battery energy storage market to approach $10.84bn by 2026
GlobalData’s latest report, ‘Battery Energy Storage Market Size, Share and Trends Analysis by Technology, Installed Capacity, Generation, Drivers, Constraints, Key Players and Forecast, 2021-2026’, reveals that the global battery energy storage is estimated to grow to $10.84bn in 2026. Several factors could contribute to such growth; primarily, the fall in battery technology prices and the […]