Connect with us

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
Comments

Energy News

ADB Inaugurates Project to Replace Diesel Systems with Solar Hybrid Across Maldives

Newsroom

Published

on

The Asian Development Bank (ADB) and the Environment Ministry of the Maldives have inaugurated the implementation of a solar–battery–diesel hybrid system in 48 islands under the flagship Preparing Outer Islands for Sustainable Energy Development (POISED) Project to help the country tap solar power and reduce reliance on costly, polluting diesel.

The POISED Project aims to transform existing diesel-based energy minigrids into hybrid renewable energy systems in 160 inhabited islands of the atoll nation, out of which installations on 48 islands spread across 8 atolls have been commissioned. The project has been achieving this by investing in solar photovoltaic (PV) power plants, battery energy storage systems, energy management systems, and efficient diesel generators, as well as distribution grid upgrades to allow future renewable energy penetration.

“The POISED project—one of the largest energy sector interventions in the Maldives—will introduce sustainable energy in the outer islands as well as help reduce the cost of energy, minimize CO2 emissions, achieve considerable fuel savings, and reduce the burden on the government budget,” said the Director of ADB’s Energy Division for South Asia Mr. Priyantha Wijayatunga.

Mr. Wijayatunga, Minister of Environment Mr. Hussain Rasheed Hassan, and Minister of National Planning and Infrastructure Mr. Mohamed Aslam were among those taking part in a ceremony to inaugurate the project in Malé.

The Maldives is the first country in South Asia to achieve 100% access to electricity. Each inhabited island was electrified with its own diesel-powered grid system that was old and inefficient, resulting in expensive and sometimes unreliable electricity supply. Diesel power is also costly and requires government subsidies in excess of $40 million a year. The 100% diesel dependence of the Maldives makes it completely reliant on oil imports and also makes its carbon emissions per unit of electricity among the highest in the region. Project installations were able to prove that the optimally designed solar–battery–diesel hybrid systems could significantly lower the power generation cost compared to existing options.

The project already installed approximately 7.5 megawatt peak (MWp) of solar PV facilities, 5.6 megawatt-hour (MWh) of battery energy storage systems and 11.6 megawatts of energy-efficient diesel gensets, while also upgrading distribution grids in 48 islands. The overall project will target a minimum of 21 MWp of solar PV installations. This will cater for an annual demand of 27,600 MWh, accounting for a reduction of 19,623 tons of CO2 emissions annually.

The POISED Project, approved in September 2014, is supported by $55 million in grants from ADB—$38 million from the Asian Development Fund, $12 million from the Strategic Climate Fund (SCF), and $5 million from the Japan Fund for the Joint Crediting Mechanism (JFJCM)—and $50 million loan from the European Investment Bank (EIB). All the contracts under ADB for SCF have completed installations, while installation under JFJCM is currently in progress. Disbursements under EIB funding have commenced and EIB funds would be used for most of the remaining smaller islands.

Continue Reading

Energy News

IRENA and UAE Ministry of Energy and Industry Sign MoU to Cooperate on Renewable Energy

Newsroom

Published

on

photo:IRENA

The International Renewable Energy Agency (IRENA) today signed a memorandum of understanding (MoU) with the United Arab Emirates (UAE) Ministry of Energy and Industry, to cooperate in the field of renewable energy and drive an accelerated shift to low-carbon energy sources.

The MoU was signed in by IRENA Director-General Francesco La Camera and Undersecretary of the UAE Ministry of Energy His Excellency Dr. Matar Hamed Al Neyadi in the presence of UAE Energy Minister His Excellency Suhail Al Mazrouei, during Abu Dhabi Sustainability Week

H.E. Suhail bin Mohammed Al Mazrouei, Minister of Energy and Industry, said that signing of the MoU with IRENA comes in line with UAE’s vision and the direction of the UAE’s wise leadership aimed at promoting sustainable development in the UAE, enhancing the use of renewable energy, as well as supporting and developing relevant policies and organisational frameworks.

H.E. Minister Mazrouei added that the MoU is aimed at promoting the exchange of  open data and allowing the UAE to learn new ideas and benefit from best practices in the field of renewable energy. He said these efforts are aimed at achieving the UAE Vision 2021 objective of creating a sustainable environment in the UAE.

IRENA Director-General Francesco La Camera said: “The case for renewable energy in the UAE and across the Gulf is unquestionable. Today, solar and wind are the country’s most cost-effective sources of new power generation – contributing to growth, economic diversification and sustainable development in the Emirates.”

 “This agreement marks a further strengthening of the Agency’s close relationship with the UAE government as it charts a new course of energy leadership into the 21st century,” continued Mr. La Camera. “Together with the Ministry of Energy, IRENA will work to explore the full potential of the UAE’s vast and diversified energy resources.”

For his part, H.E. Dr. Matar Hamed Al-Neyadi, Undersecretary of the Ministry, said that the aim of this MoU is to organize and maximize cooperation between the Ministry and IRENA’s general secretariat in order to deliver benefits to both parties.

The agreement aims to strengthen and enhance cooperation and the existing business relationship between the UAE Ministry of Energy and Industry and IRENA to develop knowledge products, conduct analysis, exchange information and organize workshops on renewable energy.

Cooperation between the two parties includes the following:

The development of a UAE renewable energy road map, taking into account UAE’s characteristic demand for air-conditioning and associated technology

Support with renewable energy dissemination policies, both current and planned, intended to support deployment of renewables

Electrical interconnection and energy exchange plans and procedures intended to enhance integration of variable and renewable energy, as well as the impact of renewable energy on the stability of transmission networks together with possible technical and operational solutions in this regard.

Under the MoU the two partners will exchange quantitative information on data, statistics, costs, benefits and analytical information related to renewable energy technologies and policies. Best practice in financial instruments and regulatory measures including energy efficiency, market design, system flexibility and long-term planning for a high shares of renewable energy will also feature.

IRENA

Continue Reading

Energy News

Double the Share of Renewables in the ‘Decade of Action’ to Achieve Energy Transition Objectives

Newsroom

Published

on

The share of renewables in global power should more than double by 2030 to advance the global energy transformation, achieve sustainable development goals and a pathway to climate safety, according to the International Renewable Energy Agency (IRENA). Renewable electricity should supply 57 per cent of global power by the end of the decade, up from 26 per cent today.

A new booklet 10 Years: Progress to Action, published for the 10th annual Assembly of IRENA, charts recent global advances and outlines the measures still needed to scale up renewables. The Agency’s data shows that annual renewable energy investment needs to double from around USD 330 billion today, to close to USD 750 billion to deploy renewable energy at the speed required. Much of the needed investment can be met by redirecting planned fossil fuel investment. Close to USD 10 trillion of non-renewables related energy investments are planned to 2030, risking stranded assets and increasing the likelihood of exceeding the world’s 1.5 degree carbon budget this decade.

“We have entered the decade of renewable energy action, a period in which the energy system will transform at unparalleled speed,” said IRENA Director-General Francesco La Camera. “To ensure this happens, we must urgently address the need for stronger enabling policies and a significant increase in investment over the next 10 years. Renewables hold the key to sustainable development and should be central to energy and economic planning all over the world.”

“Renewable energy solutions are affordable, readily available and deployable at scale,” continued Mr. La Camera. “To advance a low-carbon future, IRENA will further promote knowledge exchange, strengthen partnerships and work with all stakeholders, from private sector leaders to policy makers, to catalyse action on the ground. We know it is possible,” he concluded, “but we must all move faster.”

Additional investments bring significant external cost savings, including minimising significant losses caused by climate change as a result of inaction. Savings could amount to between USD 1.6 trillion and USD 3.7 trillion annually by 2030, three to seven times higher than investment costs for the energy transformation.

Falling technology costs continue to strengthen the case for renewable energy. IRENA points out that solar PV costs have fallen by almost 90 per cent over the last 10 years and onshore wind turbine prices have fallen by up half in that period. By the end of this decade, solar PV and wind costs may consistently outcompete traditional energy. The two technologies could cover over a third of global power needs. 

Renewables can become a vital tool in closing the energy access gap, a key sustainable development goal. Off-grid renewables have emerged as a key solution to expand energy access and now deliver access to around 150 million people. IRENA data shows that 60 per cent of new electricity access can be met by renewables in the next decade with stand-alone and mini-grid systems providing the means for almost half of new access.

IRENA

Continue Reading

Latest

Trending