Asia Clean Energy Forum 2023

January 10, 2023 0 Comments

The Asia Clean Energy Forum is a major knowledge sharing event aimed at providing a common platform for Asia’s clean energy thought leaders. It is one of the most important events on the region’s clean energy calendar, and provides a platform to explore the latest innovations and developments in the industry. This year’s conference will be held in Singapore during March 24-26, 2023.

The Asia Clean Energy Forum brings together stakeholders from the public and private sectors to identify regional trends and best practices. During this three-day forum, attendees will be able to interact with experts from all related fields to share lessons learned and collaborate on new initiatives. These sessions are divided into topics ranging from climate issues and multipurpose developments to finance and cross-border collaboration. Aside from that, the exhibition pavilions will also serve as the main hub for business networking.

ACEF has been convening the clean energy community for the past 17 years. It has provided a forum to discuss the latest ideas and proven concepts that can help accelerate the transition to an efficient, clean and affordable energy system in Asia. In addition, it has also helped operationalize the Asian Development Bank’s (ADB) Strategy 2030, a comprehensive program to promote low-carbon transition in the region. ACEF is a partner event of the Global Energy Forum, which brings together global decision makers, policymakers and key stakeholders to advance the global transition to a low-carbon economy.

Renewable Energy Markets (REM)(tm) Asia will focus on highlighting opportunities to scale clean energy throughout the region. With the rise of renewables, this conference aims to provide a platform for corporate buyers and suppliers, government officials and other professionals to network and discuss the latest developments in the industry. REM Asia will also cover various subjects, including the outlook for the solar and wind industries in Asia, and provide information on emerging procurement models and policies.

RENEWABLEFORUM2023 is the premier international conference focusing on the latest developments in the clean energy sector. Held in Dubai during October 9-11, 2023, it will provide a venue for scientists, researchers, academics, decision makers and other experts to network and share the latest research and innovations in the field. Attendees will be able to present their research in the form of a paper or poster. Those who are interested in attending but do not wish to submit a paper are invited to attend as listeners.

The Asia-Pacific Forum on Sustainable Development, which is also known as the APFSD, is a major regional preparatory meeting for the High-Level Political Forum (HLPF) in 2023. In addition to identifying trends and key issues, this forum will also provide space to review the 2030 Agenda for Sustainable Development and to identify solutions for accelerating its implementation. Among the goals for the HLPF in 2023 are the Sustainable Development Goals (SDGs) of clean air, a safe and secure environment, sustainable cities and communities, affordable and clean energy, and good health and well-being.

Barriers to the Renewable Energy Transition

January 10, 2023 0 Comments

Renewable Energy Transition

Renewable Energy Transition is a process that includes the shift away from fossil fuels and the development of more sustainable energy systems. These transitions are part of a longer trend towards cleaner energy. It includes technologies and practices that improve energy efficiency and conserve resources. But the energy transition also has its challenges. A number of factors contribute to the energy transition, including the market, policy, technology, and institutional frameworks.

The transition away from fossil fuels and toward sustainable energy systems is essential to the future. It is important to identify and address key barriers to the transition. For example, a number of factors hinder the development of renewable energy projects. One such factor is the lack of infrastructure. To meet the increasing demand for electricity, utilities must increase their ability to handle fluctuations in demand and supply. In addition, solar and wind power sources are becoming more competitive in terms of cost.

Other barriers include a lack of policy frameworks to support investment and innovation. Policies must be reformed to create incentives for private sector investments and support the creation of supply chains for clean energy components. This involves a large investment in research and skills training. Additionally, the financial sector must ensure that global lending portfolios align towards the acceleration of the energy transition.

The World Bank and the International Energy Agency have recently issued reports warning that the current energy system is not ready for the transition to clean energy. The Global Integrated Energy Model shows that until 2040, low-carbon energy production is still very limited. There is a need for greater investments and innovation to diversify manufacturing capacity and ensure that clean energy is deployed across the entire globe.

The Renewable Energy Transition is a critical opportunity for the world to take action against climate change. It requires a careful balance between environmental and social costs. Moreover, it needs to be done in a way that is equitable and contributes to better public health. However, the transition is still not going as smoothly as it should.

Fossil fuel subsidies are a major issue. Currently, half of the subsidies go to the richest 20% of the population. That is not fair or sustainable. Moreover, fossil fuel subsidies are inequitable and harmful to vulnerable communities. If we want to achieve a more equitable and sustainable world, we must shift our subsidies to renewable energy.

Solar and wind power are the fastest-growing renewables. They have been steadily increasing their share of the global pie. Some countries have implemented special tariffs to promote the use of these types of energy. By the end of this decade, wind and solar power are expected to account for more than a quarter of the global energy mix.

The transition to a sustainable energy system will require large-scale extraction of minerals. Wind turbines, solar panels, and other renewable energy devices will depend on massive quantities of metals.

The transition away from fossil fuels is a complex and long process. In the short term, it is important to focus on making the transition smooth and avoid energy shortage shocks.

Tracking Clean Energy Progress

January 10, 2023 0 Comments

Tracking Clean Energy Progress

The International Energy Agency (IEA) releases an annual Tracking Clean Energy Progress report that highlights the state of clean energy technologies worldwide. It provides an overview of the current status of 45 key energy technologies and the developments they are making. In addition, it gives a glimpse into the future of energy development and includes information on public and private investment in clean technology. This report focuses on technological progress and provides recommendations for getting on track with the Sustainable Development Scenario (SDS).

Among the clean energy technologies tracked by IEA are wind, solar, and geothermal power, among others. These technologies, when combined with other sources of electricity, are aimed at reducing greenhouse gas emissions. However, most of these technologies are not yet on track to meet Paris climate goals. Therefore, more work is needed to achieve the SDS.

IEA’s Tracking Clean Energy Progress report also evaluates the progress of 55 energy system components. These include electricity generation and storage, buildings, transportation, and industry. They are based on data and policy inputs gathered up to July 2022. There are 30 tracking areas that are rated as “more efforts needed”.

Overall, clean energy transitions remain strong. Electric vehicles reached a new record in 2018. Solar photovoltaic systems were installed at a record pace. A number of states are taking policy action to increase clean energy. Additionally, major R&D initiatives are being supported by governments. As a result, more people are gaining access to electricity. Meanwhile, the number of people without it is on the rise in Sub-Saharan Africa.

Several countries are working towards the achievement of SDG 7 by 2030. For example, the United States’ historic Inflation Reduction Act provides USD 370 billion in climate change investments. China’s 14th Five-Year Plan focuses on carbon capture, heavy industry, and hydrogen. Other nations are also moving in this direction.

Despite recent policy action and the development of many demonstration projects, the world has a long way to go. However, recent technology advances indicate that the momentum of the clean energy transition is growing. With that in mind, the UN High-level Dialogue on Energy is taking place in September 2021, to examine the steps required to achieve the SDS by 2030.

The Tracking Clean Energy Innovation Progress website offers additional information, and includes dashboards. It also includes a timeline of operations, and an updated version of the Clean Technology Guide.

IRENA produces Tracking SDG 7 reports jointly with other organizations. In addition to tracking SDG 7, IRENA has released an excerpt from its Energy Technology Perspectives, which is available online. Both the IEA report and the TCEP report provide a comprehensive analysis of the clean energy transitions occurring around the world. Their latest report has a special section on tracking clean energy innovation progress.

Throughout the year, the IEA has also released a variety of other reports examining progress on clean energy technologies. The latest report in this series, IEA’s Energy Technology Perspectives 2012, focuses on key technology developments and pathways to a sustainable energy system in 2050.