Australia’s National Science Agency issued data on the cost of electricity technologies 2023 & 2030. LCOE range for variable renewables (solar PV & wind ) with integration costs is the lowest of all new‐build technologies. [GenCost 2023‐24: Final report, CSIRO,Australia]
Suomen Tuulivoimayhdistys

Manufacturing with global outreach create welfare: Germany's EV exports soar 58 % to 1/4 of all cars shipped abroad. 786000 EVs with a value of 36B€. Autoindustry's total revenue was 430B€.

Takeaway for Finland:
More investments, R&D, education.

cleanenergywire.org/news/germanys-…

#RenewableEnergy will supply most of the power capacity (MW) growth in the #USA in 2024 ( #Solar >60% ). In 2025, solar may exceed hydropower for the first year in history.

BUT, #FossilFuels still dominate all #Electricity production (almost 60%).

pv-magazine-usa.com/2024/05/07/sol…

The race in green transition leadership gets new dimensions: #USA set to impose 100% tariff on #Chinese #electricvehicle imports ahead of the US election.
Is a full trade war between the U.S. and #China looming? New #Geopolitics affects Finland, too.

ft.com/content/9b79b3…

#ElectricVehicles honeymoon is ending.
Governments slap taxes on EVs as $110bn fuel duty shortfall looms. The net #Fuel tax loss in #Europe >€30B in 2030.

#Finland will not be an exception here.

Sähköinen liikenne Lähienergia Ilmastopaneeli

ft.com/content/9e4e38… @ft

The digital world will need much more clean energy in the future. Here's an example by #Microsoft how to response to the quest: largest-ever corporate clean energy deal for 10.5 GW.

Lähienergia Suomen Tuulivoimayhdistys
utilitydive.com/news/brookfiel…

Expanding advanced #nuclear (e.g. #SMR ) raises security risks, e.g. illicit proliferation of nuclear materials, plant sabotage, coercive threats and military attacks on nuclear facilities, potentially unstable countries pursuing or operating reactors.

utilitydive.com/news/expanding…

UK ‘not exciting’ for green investors says former climate adviser. Many countries view that UK steps back on #ClimateAction .

If #Finland follows UK that will jeopardise the huge potential of green investments (€260B).

Helsingin Sanomat MTV Uutiset Svenska Yle Nyheter
ft.com/content/08c25a…

#PuertoRico can reach 100% #RenewableEnergy by 2050 with focus on energy affordability, resilience and reliability, land use, economic benefits.

Such a multidisciplinary approach fits #Finland too, lacking policy goals on wind and solar.

Ympäristöministeriö
nrel.gov/news/features/…

#USA plans to speed grid connections to unlock 2.6TW backlog. It is recommended that generators can elect energy-only connection & be curtailed instead of paying for network upgrades

Dynamic curtailment is interesting for #Finland too
Suomen Tuulivoimayhdistys Fingrid Oyj
utilitydive.com/news/doe-trans…

The world installed 117 GW of new #wind #power capacity in 2023, a 50% increase from 2022, making it the best year for new wind projects on record.

To meet the Paris #climate goals, some 300GW/a of wind will be needed by 2030.

Suomen Tuulivoimayhdistys
renewableenergyworld.com/wind-power/202…

Global solar PV capacity hit 1.6 TW in 2023; 11-fold
growth in 10 years. With 20%/a growth, PV will exceed world power capacity (now 9 TW) in 2031.

Solar is a mover shaker technology, plays a key role in #energytransition

Aurinkoinfo Lähienergia

pv-magazine.com/2024/04/19/glo…

Where are the best places to do business today? Singapore, Denmark and US; #Finland Nr 10.
Statistically, improving business environment boosts GDP, but also requires business-friendly reforms which in case of Finland may be lagging (hence lower GDP%/yr)
Source: EIU 2024.

Record #renewable growth in 2023, representing 86% of world power capacity expansion.
Many countries are cut off from the benefits of #CleanEnergy #EnergyTransition e.g. in #Africa .
Overcoming structural barriers and creating local value
is needed.
irena.org/Digital-conten…

#SolarPower awaiting interconnection permit reaches 1086 GW (wind 366GW) in the USA. Pending transmission interconnection is increasing, also in #Finland , calling for more investments in grid infrastructure and regulatory support.

Lähienergia Suomen Tuulivoimayhdistys
pv-magazine.com/2024/04/01/u-s…

#Inflation is approaching pre-energy-crisis levels. #Finland is slightly above Eurozone, clearly above #Denmark . Food is now the main driver of inflation, while #energy reduces it.
Source: Financial Times

State aid influence where #CleanEnergy industry will be located. Recently #Germany won #USA in getting a big #battery factory. Price ca 1B$ in aid, return 3000 jobs.

The global subsidy race will adversely affect smaller EU members such as #Finland .

cleanenergywire.org/news/eus-batte…

Soon 1yr ago Germany closed last #nuclear plants. Predictions of supply risks/price hikes/dirty coal replacing carbon-free nuclear have not materialised. Instead, record #renewables use/lowest #coal use in 60yrs/falling energy prices/major drop in #CO2 .
cleanenergywire.org/factsheets/qa-…

Could sodium-ion #batteries may become a viable alternative to #Lithium ? And avoid many critical minerals needed today. Integrating Na-ion into Li-ion infrastructure enables quick scale-up once technology is ready. First Na-ion factories are underway.

pv-magazine.com/2024/03/22/sod…

New #nuclear reactor types will not solve waste and safety issues , says a new study. Substantial R&D is still required and their potential boost for #climate action therefore had to be considered “not realistic'.

Ilmastopaneeli Ympäristöministeriö

base.bund.de/SharedDocs/Dow…