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EU investing €1.8B in 17 large-scale clean tech projects

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Grants will be disbursed from the Innovation Fund to help bring technologies to the market in energy-intensive industries, hydrogen, renewable energy, carbon capture and storage infrastructure, and manufacturing of key components for energy storage and renewables. The EU is investing more than €1.8

Clean 334
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LowCVP reports indicate pathways for meeting renewable energy targets in transportation, decarbonizing fuel to 2030 and beyond

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The UK’s LowCVP has published twin reports which set out how the UK could meet its 2020 targets defined in the EU’s Renewable Energy Directive, and proceed on a pathway to decarbonize road transport fuel in the period to 2030 and beyond. Illustrative impact of the fuel roadmap. Source: LowCVP, Element Energy. Click to enlarge.

Renewable 255
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LSE report calls for global investment of an additional $3T each year to drive economic recovery and transformation

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The report highlights the potential for investments in zero-emissions energy and transport to create new jobs and economic growth. Patel Professor of Economics and Government at the London School of Economics and Political Science (LSE), with a team from the LSE. The report says that $1.5-1.7 It suggests that $1.4

Global 170
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Brattle Group: electric power sector investments of $75B – $125B needed to support projected 20M EVs in US by 2030

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Several industry drivers—such as declining electric vehicle costs, expanding EV model choices, increasing charging infrastructure, and growing market awareness, along with favorable federal and state policies—have created an attractive market for increased EV adoption. year societal payback period for the investment.

Power 243
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ENGIE New Ventures increases investment in 2nd-life battery company Connected Energy

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Connected Energy’s E-STOR, a stationary energy storage technology that extends the life of electric vehicle batteries by 5-10 years, is deployed whenever flexible, modular and short or longer-term electricity storage systems are needed.

Connect 186
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ARPA-E to award up to $5M to investigate extracting rare earth and other critical minerals from macroalgae

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REEs and PGMs are critical in the manufacture of modern energy and national security technologies, including high-performance magnets required for wind turbines, electric vehicles, high-energy-density battery electric storage, high efficiency lighting, solar panels, and other technologies either core or ancillary to the renewable energy industry.

Wind 284
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Siemens presents three-point plan for implementing cost-efficient energy transition in Germany

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Siemens suggests abandoning a fixed target for renewable energies and concentrating on the CO 2 reduction goal. Relying on a higher share of efficient, low-emission combined cycle power plants and wind energy could save €150 billion (US$200 billion) by 2030 while attaining the same CO 2 targets, Siemens says. Source: Siemens.

Germany 239