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Issue #04 07/2014
 
 
 

Highlights

 

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Energy Sector News

 

'Beyond the Grid' Energy Effort for Africa

Power Africa initiative has introduced a new framework called “Beyond the Grid”. This new sub initiative is expected to unlock investment and growth for off-grid and small-scale energy solutions on the African continent.

Over the five year period, Beyond the Grid will partner with 27 investors and partners who are committed in investing more than $1 billion in off-grid and small-scale solutions in the African continent. This private sector commitment will further help Power Africa to realize its goal of providing 20 million new electric connections in sub-Sahara Africa.

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$1 Billion for Clean Energy Projects Across Europe

To combat climate change, the European Union (EU) has awarded €1 billion funding to 19 clean energy programs across Europe. These energy programs are hosted by 12 EU member states and comprise technologies such as bioenergy, concentrated solar power, geothermal power, photovoltaics, wind power, ocean energy, smart grids and carbon capture and storage (CCS).

The funding for these programs comes from revenues generated from the sale of Emission Allowance under the EU Emission Trading System.  The €1 billion EU funding is expected to leverage some additional €900 million of private investment, resulting in almost €2billiion of investment in climate -friendly technologies in Europe.

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Pakistan Increases Spending on Renewable Energy

To tackle the increasing demand for energy, Pakistan has pushed for renewable energy. In its new budget for the fiscal year 2014-2015, Pakistan has allocated $340 million to its energy development portfolio. About 80% of this budget will be spent on generating power from solar, biomass and biogas.

The increasing pressure from the business community for uninterrupted power and the strain on the foreign exchange reserve from importing oil are encouraging the government to invest in renewable energy.

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'OECD Data- BETA' Portal Launched

The Organization for Economic Co-operation and Development (OECD) has launched a new data portal in beta version. This data portal provides OECD statistical data, including charts, maps, tables and publications on topics such as agriculture, development, economy, education, energy, environment, finance, government, health, innovation and technology and jobs and society. 

For each OECD member country, the portal also provides a country profile formed of indicators in the above mentioned 12 topic areas and relevant OECD country publications.

Visit the Portal here.

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Promoting Green Buildings in India

Teri (The Energy Resource Institute) in collaboration with the U.S. Green Building Council (USGBC) is promoting high-performance buildings in India and Southeast Asia. The collaboration will focus on promoting efficiency in the design, construction and operation of high-performance building and includes a partnership between TERI's Green Rating for Integrated Habitat Assessment (GRIHA) and USGBC's Leadership in Energy and Environmental Design (LEED) programs.


In addition, the collaboration will provide support for the LEED Existing Buildings rating system and the LEED Dynamic Plaque system for India and Southeast Asia and pathways for dual ratings for new GRIHA and LEED projects.

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Solar Powered Boat in Turkey

Turkey's Small Grants Program (SGP) in cooperation with TEMEV (Clean Energy Foundation) has developed a solar powered boat called “Güneşli Bot” .This boat is especially designed for lakes which are under pressure from recreational activities. 

The boat uses solar photovoltaic energy and can run for over two hours with a small battery at a speed of 10-12 knots. The boat is a model for using renewable energy in sustainable marine applications.

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New Energy Publications

 

Bloomberg New Energy Finance 2030 Market Outlook

Bloomberg New Energy Finance has recently unveiled a new report titled “BNEF 2030 Market Outlook”. The report forecasts that  renewable energy will capture almost two-thirds (65%) of the US$7.7 trillion energy investment expected by 2030.

The main driver for this increase in investment will be economics rather than policy as a surplus of manufacturing capacity has helped to decrease prices of wind turbines and solar cells. According to the outlook, fossil fuels are expected to remain the largest source of electricity generation while wind and solar may reach 16-18% of the global generation mix. 

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Green Growth in Practice: Lessons from Country Experiences

Climate and Development Knowledge Network (CDKN), the European Climate Foundation (ECF) and the Green Growth Institute (GGGI) have collectively released a new report called, “Green Growth in Practice: Lessons from Country Experience”.

This report is a compilation of best practices and lessons learned while pursuing green growth policies at all levels of government. The key findings of the report are drawn after evaluating more than 60 programs around the world by over 70 green growth practitioners. The report argues that green growth can enhance efficiency and productivity, underpin industrial policy and macroeconomic goals and also improve the quality of life.

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WBA Global Bioenergy Statistics 2014

The World Bioenergy Association (WBA) has launched the first global bioenergy statistics report “WBA Global Bioenergy Statistics” in June.

According to the report, in 2011, bioenergy consumption (predominantly solid biomass) was about 14.1% of global energy consumption, with about 90% of the biomass being utilised for heating and the remaining used in the electricity and transport sectors. Asia and Africa are the leaders in biomass use for direct heating. 

The report also highlights the lack of basic statistics on biomass and argues that most of the available statistics are either incomplete, inaccurate or just a rough estimation.

 

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Subsidy Reform in the Middle East and North Africa: Recent Progress and Challenges Ahead

The report ‘Subsidy Reform in the Middle East and North Africa: Recent Progress and Challenges Ahead’ by the International Monetary Fund (IMF) puts forward that 
generalized price subsidies are neither well targeted nor cost-effective as a social protection tool and actually impose a much heavier burden on the public finance than other more targeted social protection tools.

 The report urges MENA region countries to focus on enhanced social safety nets, automatic price –setting mechanisms, energy sector restructuring and awareness raising on the cost of subsidies.

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Asia-Pacific Renewable Energy Assessment

The Bureau of Resources and Energy Economics (BREE) in Australia has released an assessment of the cost of renewable energy generation in China, India, Indonesia, Japan, the Republic of Korea and Australia. 

The publication argues that although the six countries have made established policies that promote renewable energy, they now need to develop their grid infrastructure, energy institutions and markets to facilitate easy integration of renewables into the national grid structure.

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More Data, Less Energy: Making Network Standby More Efficient in Billions of Connected Devices

The IEA has published a new report titled, “More Data, Less Energy: Making Network Standby More Efficient in Billions of Connected Devices”. 
According to this report, inefficient technology of the world’s 14 billion online electronic devices is wasting approximately  $80 billion each year.

Furthermore, the standby technology which is thought to be in an efficient state for electronic devices when not in use , is in reality drawing as much power as when it is in use. The report urges for global cooperation for curtailing inefficiencies and energy demand of networked devices

 

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Capacity Building in National Planning for Food Security

This study from UNEP (UN Environmental Programme) with funding from UNDA (UN Development Account) highlights the food security issue in India and Uganda. 

The study is conducted in Punjab state in India and the Holma District in Uganda. It finds that a shift in the cropping pattern and use of water and energy saving technologies could significantly improve food security.

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