Global Scans · Distributed generation · Weekly Summary

• In combination with other sources of clean energy, SMRs will play a role in achieving the clean energy transition and boosting energy security in Europe in the coming years by helping to decarbonise industry, produce low-carbon hydrogen and provide heat to industry and urban districts. Energy
• Budget 2024 has the opportunity to set the tone for India's energy transition, focused on enhancing energy resources through various sources, grid resilience, and decarbonization. EY India
• Hydrogen is a significant industrial opportunity for the UK UK and is likely to play a major role in supporting the decarbonization of industrial processes, power and some parts of transport, such as maritime and aviation (either through direct use or sustainable aviation fuels). GOV.UK
• Italy has significant opportunities for the development of floating offshore wind, contributing to the decarbonization path and creating value for the industry and local sectors. BlueFloat Energy
• The International Energy Agency, which outlined what many experts say is the world's most realistic plan to decarbonize, sees a need to more than double nuclear energy by 2050. CNN
• The US private sector is a leader in technologies to produce, transport and use green hydrogen, which is expected to play a critical role in the decarbonization of heavy industry and freight transport. Engineering News
• As the world seeks to decarbonize and look for solutions to climate change, the adoption of battery electric vehicles is forecast to reduce the future demand for PGMs used in autocatalysis. Yahoo Finance
• IEA December report titled The Role of E-fuels in Decarbonising Transport, the robust growth is attributed to policies and planned project additions with the forecasted 6% share equivalent to 5.3 exajoules. Renewable Energy and Environmental Sustainability in India
• The National Energy and Climate Plan stresses Bulgaria's commitment to decarbonize its economy by 2050 in the context of the European Green Deal, but also states the intention to keep Bulgaria's reliance on domestic lignite sources to 2050 and beyond. International Trade Administration | Trade.gov
• Due to existing technology, its low cost, and methane's short lifespan, cutting methane emissions offers the most immediate opportunity to slow global warming in the short-term, as the EU progresses towards its goal of full decarbonization by 2050. Energy
• All countries set their goals for decarbonization by the year 2050 and increasing the use of green hydrogen to reduce the load of electricity consumption per year. phys.org
• With over 300 Mt of waste generated each year, Europe could produce up to 30 Mt of clean hydrogen from waste to accelerate the decarbonization of challenging sectors like aviation and heavy industry. CORDIS | European Commission
• The global aviation industry knows it will not meet its decarbonization targets without replacing carbon-emitting jet fuel with sustainable aviation fuel. The Sydney Morning Herald
• TRANSFORM Decarbonization will transform the world and creates new business opportunities both in marine and energy. Wartsila.com
• Transportation accounts for around 20% of global emissions, but even the shift to net-zero will require decarbonization of new value chains, namely for electric vehicles (EVs). Edie
• Clean electricity is increasingly understood as critical to meeting Canada's climate targets - Canadian Climate Institute modelling has shown that every conceivable pathway to decarbonization will require substantial electrification in virtually every sector of the Canadian economy. Canada's National Observer
• More than four dozen major oil and gas producing firms, including some nationally held entities, embraced an Oil and Gas Decarbonization Charter at COP 28, aiming to end routine flaring and achieve near-zero emissions by 2030, moving toward net-zero emissions by 2050. Brookings
• Power systems in Africa and across the globe are becoming vastly more complex as demand for electricity grows and decarbonization efforts ramp up, creating new challenges and business opportunities. Engineering News
• The Industrial Transition Accelerator, with the endorsement of 35 companies, will catalyze decarbonization across heavy-emitting sectors, including energy, industry, and transportation. Egypt Oil & Gas
• The signatories of the Oil & Gas Decarbonization Charter comprise more than 40% of global oil and gas production, each committing to cut methane emissions from their operations to near zero by 2030, and eliminate all greenhouse gas emissions from their operations by 2050. Debevoise
• Reducing emissions to the level necessary to meet the Paris Agreement target of 1.5 °C global warming requires the complete decarbonization of the global economy by 2050. SpringerLink
• For Infineon, supply chain resiliency is about implementing a multi-supplier strategy and thriving in times of adversity to create new growth opportunities and drive decarbonization. Infineon Technologies AG

Last updated: 11 February 2024