The flash floods in #Nepal resulting in tragic loss of life also highlight #concentration#risks in #electricity systems based on glacier/snow-fed rivers. The rock-ice collapse & debris flow in #Trishuli corridor impacted around 10% of Nepal's #power #generation capacity. The tragedy highlights the need for designing multi-hazard #resilience in power systems, diversify #energy generation mix to integrate #solar #EnergyStorage & possibly #WindEnergy. For future #power system assets need to strengthen early #warning & #emergency response & explore #innovative #finance structures such as #CAT bonds #parametric insurance. https://t.co/zFvHVi7aPi
Excellent example by @TheEconomist of @IRENA member #Romania driving #solar#power and #EnergyStorage development! Romania is accelerating #EnergyTransition through encouraging co-siting of #renewables & #BESS, CfD #auctions & introducing hefty financial guarantees for capacity auctions to avoid speculative projects from grid hoarding. Importantly, Romania also reduced permitting time by entrenching deadlines into law, digitising procedures, removing planning bottlenecks, cutting downtime for utility-scale projects, prosumer and rooftop systems! https://t.co/P0EnfcaswO
Carbon Politics Ep 14 is out now!
In this episode, CSE's @upamanyudas05 speaks to @IRENA's Dr. Binu Parthan and Dr. Toyo Kawabata about the proposed target of achieving 35% electrification globally by 2035 to stay below 1.5°C.
Watch the full episode: https://t.co/ZJgueJoBHK
In the latest episode of Carbon Politics, CSE's @upamanyudas05 speaks with IRENA's @ashbin and Dr. Toyo Kawabata about the proposed '35 per cent by 2035' global electrification target and how developing countries can advance the electrification agenda.
Watch the full episode: https://t.co/jkh60n9Q9C
Watch previous episodes of Carbon Politics: https://t.co/UOG8KjgAbK
@CSE_Climate@IRENA
Reverse auctions in #India discover record low RTC #renewable power tariff of ₹5.25/kWh or 5.5 ¢ accelerating #energytransition and undercutting other power sources! The tariff $55/MWh in line with $ 54-82 range in @IRENA 24/7 renewables report of May'26 https://t.co/SWdwDN85Ut
Supervisory body of #ParisAgreement Crediting Mechanism/Article 6.4 approves robust methodology for grid-connected #renewable power! #Solar#wind#hydro & #geothermal projects to benefit! Also allows pairing with #BESS Many @IRENA members to benefit! https://t.co/9z6FAewZak
The global #energytransition is not following the same blueprint. 🎙️In the latest 'All Things Renewable' episode, @IRENA's expert explains how each country's #TransitionPathway is shaped by different factors. He also shares examples of countries' unique pathways leading to local development. Listen to the whole conversation▶️ https://t.co/IxkxaMMNEl
Global #energytransition is 100s of national transitions from different national circumstances that collectively determine the global outcome! @IRENA provides a platform to share success factors & insights through our country assessments, knowledge products & capacity building
Carbon Politics Ep 14 drops on July 28!
With the COP31 Presidency proposing a 35% global electrification target by 2035, CSE's @upamanyudas05 talks to IRENA's @ashbin and Toyo Kawabata about the target and how developing countries can advance electrification.
Details below ⬇️
15th 5-year plan for new #energy system announced by #China National Energy Administration envisages major commitments by 2030 including 35% #electrification , 460 GW of #energystorage capacity and 50GW of Vehicle-to-Grid(#V2G) capacity by 2030 etc. https://t.co/f8G7MAaXtH
#EV uptake in rapidly accelerating in #Europe, #Asia and other major regions driven by cost reductions and #fuel crisis and increasingly approaching a tippling point as article from @FinancialTimes shows #electrification#transport
https://t.co/QxjsfuW9Gb
Today is the International day of #CleanEnergy and also the founding day of @IRENA! Let’s use the occasion to create more awareness and catalyse global action through #RenewableEnergy to address the defining issue of our times- #climatechange https://t.co/zlTPp2kMfG