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'How to withstand Russia's energy blackmail': IEA warns further clean energy measures 'vital' to closing gas supply gap in 2023

Business Green

Additional €100bn for renewables, heat pumps, energy efficiency, and biomethane needed as EU faces 'sterner' gas supply test next year, IEA warns. The additional €100bn the IEA said is required to bolster Europe's clean, efficiency energy sources in 2023 amounts to less than a third of that mobilised by EU member states so far this year.

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New Prime Minister faces flurry of proposals for tackling the energy crisis

Business Green

Trade body Energy UK becomes latest influential group to endorse plans to shrink electricity bills by reducing the costs paid to legacy low carbon electricity generators. The voluntary CfD scheme would apply to generators that secured contracts under the Renewables Obligation scheme, which closed to new applicants in 2017.

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? Copper’s the new gold rush #184

Climate Tech VC

  KoBold Metals discovered a major copper deposit, which could be the start to solving growing supply and demand imbalances brought on by copper’s fundamental role in the energy transition.  Zambia produced 760k tons of ore in 2023. Demand The most critical of energy transition minerals. Mineral ambitions.

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The Net Zero Review: Everything businesses need to know

Business Green

It is a far from unsurprising message from Skidmore, who having signed the 2050 target into law, has long been a staunch advocate for an ambitious net zero agenda. All that is needed is more political urgency, policy clarity, and real world action to mobilise investment, drive clean tech deployment, accelerate the transition.

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? US clean investment cleans up with $239bn #187

Climate Tech VC

  Lots of spice for clean investment this week. The US Clean Investment Monitor published its annual report for 2023, which saw clean investment total $239bn, up 38% from 2022. 14% of total investment came from the feds, with $33.7B 14% of total investment came from the feds, with $33.7B

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California Hands Control Over Resource Adequacy to Utilities, Angering Community Choice Groups

GreenTechMedia

CCAs like East Bay Community Energy counter that the decision undermines their local clean energy and energy storage projects, and could raise prices for their customers. Over the past decade, CCAs have grown from procuring energy for a handful of communities to serving almost half of PG&E’s 5.5

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Climate Tech Entrepreneurs React to the Inflation Reduction Act

Elemental Excelerator

In addition to celebrating the bill’s clean energy cost-cutting measures and job-creating potential, we are providing a few additional considerations and themes that are relevant to our portfolio and systems change work. The #1 thing keeping infrastructure investment dollars on the sidelines is uncertainty. Allume Energy , Transcend ).