Public - visible to all visitors to the platform.
Open to join - users can join this group without approval.
Invite only - users can only join this group if they are added/invited by group managers.
The COVID-19 pandemic is a global health crisis that has major implications for world economies, energy use and CO2 emissions. According to the IEA’s World Energy Outlook 2020 report, the immediate effects of the pandemic on the energy system shows expected falls in 2020 of 5% in global energy demand, 7% in energy-related CO2 emissions and 18% in energy investment. Oil consumption is anticipated to decline by 8% and coal use by 7%. However, as with previous crises, the rebound in emissions may be larger than the decline, unless the wave of investments to restart economies is dedicated to cleaner and more resilient energy infrastructure. Decarbonizing energy use in time to avert catastrophic climate change requires increased international cooperation. Recovery measures following COVID-19 pandemic could include flexible power grids, efficiency solutions, electric vehicle charging, energy storage, interconnected hydropower, green hydrogen and other technology investments consistent with long-term energy and climate sustainability.
In line with the Sustainable Development Goals (SDGs), there is a global movement to address these challenges by substantially increasing investment in renewable energy technologies and implementation, doubling the rate of improvement to energy efficiency, and changing user behaviours, with the aim to achieve absolute decoupling between energy consumption and economic growth.
Created a Post in Energy
During the revision process for its NDC, the Government of Antigua and Barbuda proposed a target of achieving 100% of its energy generation from renewable energy sources by 2030. This renewable energy roadmap has subsequently been developed by IRENA at the request of the Ministry of Health, Wellness and the Environment. Five scenarios have been analysed, together with multiple renewable energy options including utility-scale solar PV, distributed solar PV, utility-scale wind, and green hydrogen. Meanwhile, electric vehicles (EVs) are considered for achieving a 100% renewable transport sector by 2040. The Roadmap also outlines various policy recommendations that will be crucial for the implementation of these scenarios.
A Comparative CFD Study of Two Air Distribution Systems with Hot Aisle Containment in High-Density Data Centers
Floating Offshore Renewable Energy Farms. A Life-Cycle Cost Analysis at Brindisi, Italy
An Economic Penalty Scheme for Optimal Parking Lot Utilization with EV Charging Requirements
Climate Change Africa Opportunities (CCAO) has developed a new investment plan to strengthen the resilience of the energy sector in the context of climate change in Africa.
Created an Opportunity in Energy
Created a Post in Climate Change, Energy, Industry and Entrepreneurship
IKEA US Completes its First Solar Car Park at its Baltimore Location - "Initial results have exceeded expectations as the Baltimore location has seen an 84% decrease in the amount of energy needed to be purchased between September and December 2020, equating to a 57% energy cost savings for the store."
Created an Opportunity in Energy, Industry and Entrepreneurship
Created a Post in Climate Change, Energy, Sustainable Finance
A world first: new financial model drives Chile’s decarbonization
Created a Post in Energy, Climate Change
Where do the 100 most influential oil and gas companies stand on their low-carbon strategy? This World Benchmarking Alliance Oil and Gas methodology report presents an overview of why WBA is benchmarking companies in the oil and gas sector. With 400 million people living in the most vulnerable fossil-fuel reliant countries, as stated in the Carbon Tracker research, how critical do you think oil and gas benchmark is?