Connect with us

Energy News

IRENA Puts Renewables Centre-Stage at UN High- Level Meeting

Newsroom

Published

on

‘There can be no sustainable development without renewables’ – that was the takeaway from the 17th IRENA Council which concluded recently in Abu Dhabi. It was a message the Agency’s Director-General Francesco La Camera reinforced at every opportunity and a message that will once again take centre-stage during the United Nations High-Level Political Forum (HLPF) on Sustainable Development in New York this and next week.

The UN High-Level Political Forum takes place at the UN Headquarters in New York from 09–18 July 2019. Progress on six of the seventeen Sustainable Development Goals (SDGs) will be reviewed. Renewable energy plays a prominent role in goals being discussed this year, particularly those promoting sustained, inclusive and sustainable economic growth (SDG8); taking urgent action to combat climate change and its impacts (SDG13); and promoting peaceful and inclusive societies for sustainable development (SDG16).

Director-General Francesco La Camera will attend the Forum to engage dignitaries and IRENA members and partners. Mr. La Camera will also participate in a series of high-level discussions on topics including scaling-up climate action through the energy transformation and accelerating the energy transition in small island developing states.

Mr. La Camera will highlight the inter-linkages between the goals under review and access to affordable, reliable and modern energy for all (SDG7), a focus of  the last year’s HLPF. The essential role of renewable energy in powering growth, empowering people, and taking climate action will also be emphasised.

IRENA at HLPF

On 16 July, IRENA’s High-level side event on ‘Scaling up climate action through clean energy transitions: Delivering on the Paris Agreement and the SDGs’ will be co-convened by UN DESA, the European Union, and the Permanent Mission to the UN of the Federal Democratic Republic of Ethiopia. Building on findings and outcomes from reports and meetings, including the 2019 Tracking SDG7 Energy Progress Report and Climate Summit preparatory meeting in Abu Dhabi, outcomes from this discussion will feed into the UN Secretary-General’s Climate Action Summit and the SDG Summit in September 2019.

On 17 July, the High-level Side event on Scaling-Up Energy Transition in Small Island Developing States, will mark the launch of the policy brief on ‘Achieving SDG 7 in Small Island Developing States’ and pave the way for the Mid-term Review of the SAMOA Pathway taking place in September 2019. Organised by Saint Lucia, Samoa, Maldives, UN-OHRLLS and IRENA, the event will take stock of energy transition developments and renewable energy uptake in SIDS and explore the vital elements in making progress in the area of sustainable energy.

IRENA

Continue Reading
Comments

Energy News

IRENA and UN Climate Change Join Forces to Accelerate Renewables as Climate Solution

Newsroom

Published

on

photo: IRENA

The International Renewable Energy Agency (IRENA) and UN Climate Change (UNFCCC) are jointly ramping up efforts to fight climate change by promoting the widespread adoption and sustainable use of renewable energy. The new strategic partnership builds on a long history of cooperation that aims to ensure a low-carbon climate-resilient world in line with the Sustainable Development Goals and the Paris Agreement.  

In a Memorandum of Understanding signed today in Bonn between the heads of IRENA and UN Climate Change, the two organisations have agreed to step up the exchange of knowledge on energy transition, collaborate more closely at expert meetings, increase capacity building to promote renewables and undertake joint outreach activities.

Patricia Espinosa, Executive Secretary of the UN Framework Convention on Climate Change (UNFCCC) said: “The rapid transition to clean energy is crucial to meet the central goal of the Paris Climate Change Agreement, which is to hold the global average temperature rise to as close as possible to 1.5 degrees Celsius.

Time is running out – we are already seeing worsening climate change impacts around the world –including unprecedented heatwaves – and we need to grasp all opportunities to rapidly deploy clean, renewable energy at scale to prevent the worst climate scenarios form becoming a reality.”

Francesco La Camera, Director-General of the International Renewable Energy Agency (IRENA) added: “Falling technology costs have made solar, wind and other renewables the competitive backbone of energy decarbonisation and, together with energy efficiency, the most effective climate action tool available.

Renewable energy delivers jobs, delivers on sustainable development and will deliver a viable climate solution. The renewables-based energy transition provides a clear opportunity to increase ambition in the reviewing process of the national climate commitments under the Paris Agreement. IRENA will fully support countries in realising this opportunity on the way to COP25 in Chile this year and to COP26 in 2020.”

UN Climate Change and IRENA are already working together to promote renewable energy, notably at expert meetings and through publications.

At a practical level, the organisations have jointly provided capacity building on renewable energy through training sessions, for example to several African countries.

IRENA is also one of the biggest supporters of the UNFCCC’s Global Climate Action work, designed to mobilise climate-related activities of cities, regions, businesses and investors.

The new agreement is designed to build on this work, and to expand regional activities in the field of clean technology.

IRENA

Continue Reading

Energy News

African Development Bank helps power wind of change in Kenya

Newsroom

Published

on

Africa’s largest wind farm, a €620 million energy masterpiece boosting 365 turbines in northern Kenya, will help the East African nation stay on track to reach its target of 100% green energy by 2030.

Known as the Lake Turkana Wind Power, the 40,000 acre wind farm will generate around 310 megawatts of power to the national grid, enough to light up over 300,000 households.  

The winds sweeping the area start in the Indian Ocean and are channeled through the “Turkana corridor” created by Ethiopian and Kenyan highlands. They blow consistently at 11 miles per hour, making this an ideal area for situating wind turbines.

The wind farm will increase the country’s electricity supply by 13%. At its launch earlier this month, President Uhuru Kenyatta said, “We again raise the bar for the continent …Kenya is without doubt on course to be a global leader in renewable energy.”

The African Development Bank served as lead arranger for €436 million in senior credit facilities towards the project cost of €623 million euros. The Bank also provided a partial risk guarantee from the African Development Fund of €20 million for the part of the project devoted to the transmission lines.

Since 2016, the Bank has invested around $4.5bn of its own resources in the energy sector.

African Development Bank President Akinwumi Adesina is in little doubt about the significance of the Bank’s funding. “African economic development is all about political will. We have little time and much to do for the continental transformation needed to light up and power Africa by 2025. Projects like the Lake Turkana Wind Power allow us to leap forward towards our key objectives. The Bank is very proud to be associated with this crucial addition to African infrastructure and clean energy generation”.

The continent has copious, even limitless, supplies of sun, water, and wind, as well as significant amounts of natural gas and other valuable natural resources and raw materials. Acccordingly, its New Deal is investing $12 billion over the next five years and leveraging up to $55 billion to achieve universal access to energy by 2025.

“This is a milestone that we are proud to celebrate. Kids can’t learn much in the dark. School books have to be put down when the sun sets. Life-saving vaccines can’t be preserved. Nurses and mid-wives have to deliver babies using lanterns or torches”, said Wale Shonibare, the Bank’s acting VicePresident for power, energy, climate change, and green growth.

“Turkana’s launch proves that we are determined to continue to work relentlessly to close Africa’s energy gap. Our efforts will be felt in hundreds of thousands of Kenyan households and beyond”, Shonibare added.

The site is Kenya’s largest renewable energy project and its biggest single private sector investment. The plant is expected to reduce power shortages by 12.5% and cut the cost of electricity in Kenya by up to 10%. It is proof of Kenya’s commitment to pursue clean sources of energy and provides a major boost to the country’s international commitments to lower greenhouse gas emissions.

Continue Reading

Energy News

Commission approves support for six offshore wind farms in France

Newsroom

Published

on

The European Commission has found support to six large offshore wind farms in French territorial waters to be in line with EU State aid rules. The measures will help France reduce CO2 emissions, in line with EU energy and climate goals, without unduly distorting competition in the single market.

France intends to support six offshore wind farms for electricity generation. The six sites are located in French territorial waters off the North-Western coast of France. The sites are “Courselles-sur-Mer”, “Fécamp”, “Saint-Nazaire”, “Iles d’Yeu / Noirmoutier”, “Dieppe / Le Tréport” and “Saint-Brieuc”.

These are the first selected offshore wind projects supported by France. Each of the wind farms will be composed of 62 to 83 turbines with an installed capacity of 450 to 498 megawatts per farm. The selected installations will receive support in the form of feed-in tariffs over a period of 20 years. The construction of the first of the wind farms is to start this year and they should be operational as of 2022. Once finalised, the wind farms will increase France’s renewables generation capacity by about three gigawatts.

The Commission assessed the six support measures under EU State aid rules, in particular the Commission’s 2008 Guidelines on State aid for environmental protection.

The Commission found that:

the support measures will help France boost its share of electricity produced from renewable energy sources to meet its climate targets, in line with the environmental objectives of the EU;

the level of aid granted to the six projects is proportionate and does not entail overcompensation of the beneficiaries, in line with the requirements of the Guidelines.

On this basis, the Commission has concluded that the measures will encourage the development of renewable energy and will help France meet its climate targets, without unduly distorting competition.

Background

The Commission’s 2008 Guidelines on State Aid for Environmental Protection allow Member States to support the production of electricity from renewable energy sources, subject to certain conditions. These rules are aimed at meeting the EU’s ambitious energy and climate targets at the least possible cost for taxpayers and without undue distortions of competition in the Single Market.

The Renewable Energy Directive established targets for all Member States’ shares of renewable energy sources in gross final energy consumption by 2020. For France that target is 23% by 2020. The projects aim to contribute to reaching that target.

More information on today’s decision will be available, once potential confidentiality issues have been resolved, in the State aid register on the Commission’s competition website under the case numbers SA.45274, SA.45275, SA.45276, SA.47246, SA.47247 and SA.48007. The State Aid Weekly e-News lists new publications of State aid decisions on the internet and in the EU Official Journal.

Continue Reading

Latest

South Asia1 hour ago

Abrogation of Article 370 and Indian Plan for Plebiscite in Jammu & Kashmir

Since 2014 India is being ruled by a Hindu ultra-nationalist party of Bhartiya Jannta Party (BJP) and extremist Narendra Modi...

Africa3 hours ago

Addressing Economic Challenges in Africa Through Deep Investments

The African continent comprises a diverse collection of countries, each with its own set of challenges. The governance of individual...

Green Planet6 hours ago

The Threat to Life from Ocean Microplastics

Authors: Meena Miriam Yust and Arshad Khan When Chelsea Rochman at the University of Toronto and colleagues began their study on medakas...

Health & Wellness8 hours ago

5 tips to make the most out of your workout routine

Whether you’re hitting the gym to get healthy, tone up or improve your overall well-being, there’s no denying that seeing...

Travel & Leisure13 hours ago

Trips that transform: How airline miles can transform a child’s life

Maksim was just a few months shy of 2 years old when his parents rushed him to the emergency room...

Economy15 hours ago

Scaling up support for sustainable development: Mongolia on the rise

Mongolia’s economic rebound in recent years reveals a country rising up to the challenges borne from adverse economic shocks. The...

Intelligence17 hours ago

Hacking of the Newswires connected with Trading: A refresher for the business community

This case I am touching on is regarding Leonid Momotok in which he and other traders used insider trading information...

Trending

Copyright © 2019 Modern Diplomacy