Clean energy around the globe
Australia is set to meet its 2020 Renewable Energy Target of 33,000GWh of additional generation. In a record year, Australia surpassed 1GW of installations in 2017. Over 6GW of new large-scale capacity has been announced since 2016 (46% of which is solar) with almost 5GW financed under construction or operational.
The US and South Korea have announced a £6 million partnership to support development and demonstration projects on innovative smart energy technologies and business models. The programme will involve companies from both nations and aims to reduce costs for designing and implementing smart systems and technologies.
An energy analyst from the International Energy Agency (IEA) has highlighted the need for policymakers to pay more attention to decarbonising heat. While many countries are focused on renewable electricity, sourcing renewable heat solutions can deliver substantial emissions reductions. Sweden and Denmark are leading the way with 70% and 50% of heat supplied from renewables, respectively.
Saudi Arabia plans to auction 3.25GW of solar and 800MW of wind capacity in 2018. The projects are expected to be commissioned by 2020, by which time Saudi Arabia expects to have 3.45GW of renewable energy installed with aims to increase this total to 9.5GW by 2030. In an auction for a Saudi solar power project last year, a bid was submitted that was the world’s lowest-ever solar power tariff, at US$0.0178/kWh.
Budweiser has switched all its US brewing to renewable electricity as part of its parent company AB InBev’s shift to green power. Since the start of the year, Budweiser has bought power equivalent to its US brewing demand from a 300MW wind farm in Oklahoma. Switching its US brewing to renewable electricity will save the equivalent emissions of taking 48,000 cars off the road every year. AB InBev is the world’s largest brewer and is committed to achieving 100% of its purchased electricity for brewing from renewables by 2025.
Heathrow airport is offering a £20,000 prize for innovative ideas on how to make the aviation sector more sustainable. The winning organisation will have the opportunity to use Heathrow as a ‘live laboratory’ where it can develop the concept further.