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EVs to increase Britain’s electricity demand by 31 times by 2040

Renewable Energy World

As a result of an increase in electric vehicle use across Britain, electricity demand from the transport sector will increase by 31 times by 2040 from the current levels, according to a new report released by research firm Cornwall Insights. This is a 25% increase of current annual demand which stands at 299TWh (excluding losses).

Demand 86
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UK aviation sets sights on net zero by 2040

Envirotec Magazine

A new “Jet Zero Strategy” seemingly commits UK domestic aviation to achieving net zero emissions by 2040, and for all airports in England to be zero-emission by the same year. By becoming market makers, the UK could unleash investment in first-of-a-kind projects, stimulate economic growth and deliver on the 10% SAF mandate by 2030.

Aviation 244
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Munich, Germany aims for CO2-neutral heating by 2040, primarily with geothermal

ThinkGeoEnergy

Munich city utility Stadtwerke München (SWM) has laid out a plan for the heating transition in Munich, Germany that aims to establish CO2-neutral heating by 2040 at the latest, ahead of the 2045 target set by the federal government. With an investment volume of around 9.5

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FedEx says it will be carbon-neutral by 2040

Renewable Energy World

announced this week that it wants to achieve carbon-neutral operations globally by 2040. The company laid out three key areas it will focus on via a $2B investment: vehicle electrification, sustainable energy, and carbon sequestration. The post FedEx says it will be carbon-neutral by 2040 appeared first on Renewable Energy World.

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1.5TW of additional transmission needed for net zero by 2040

Smart Energy International

trillion could deliver savings of $3 trillion in the net zero transition by 2040, new analysis based on the Future Energy Outlook shows. With Europe’s power network already highly connected, only modest expansions are foreseen by 2040 but strengthened Euro-African links would help to decouple Europe from Russia.

Africa 59
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Sustainable infrastructure investments can aid the post-COVID recovery

GreenBiz

Sustainable infrastructure investments can aid the post-COVID recovery. Many are considering a tried-and-true method to boost economies in the short term and provide wide societal benefits in the long term: infrastructure investment. It's easy to see why: Demand is enormous. Katherine Davisson. Tue, 05/05/2020 - 04:23.

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Demand-side emission reduction key to meeting decarbonization goals, report says

Renewable Energy World

In the race to meet aggressive decarbonization and net-zero carbon goals and regulations, a new study shows that utilities cannot afford to just focus on clean energy supply investments. Related: Could energy efficiency and demand response solve Texas’ energy woes?