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Hydropower Jostles for Role in Global Green Recovery Programs

GreenTechMedia

The world’s hydropower developers want a seat at the green recovery funding table alongside other key decarbonization technologies such as wind, solar, batteries and green hydrogen. That’s equivalent to a 65 percent increase on current global hydropower capacity, according to the IHA’s 2020 Hydropower Status Report.

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'Not fit for purpose': Hydropower industry warns of 'chilling effect' of soaring business rates

Business Green

The British hydropower industry is being hamstrung by changes to business rates valuations which have lumbered some leading developers with crippling tax bills that have led directly to redundancies and curtailed plans to boost renewable energy capacity. You can't increase prices, you can't cut costs.

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IRENA: Green energy-led coronavirus recovery would deliver $98tr boost by 2050

Business Green

In its most comprehensive assessment of the global energy transition to date, the International Renewable Energy Association (IRENA) today set out a compelling case for ensuring post-Covid-19 economic stimulus packages align with long-term climate and sustainable development objectives.

Energy 95
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Electrification ‘not enough’ to meet Paris climate goals, consultant says

Renewable Energy World

Many of the pandemic recovery packages have largely focused on protecting, rather than transforming, existing industries,” Eriksen said. The report estimates that 12% of all grid-connected electricity will come from solar PV + storage by 2050, making the source directly competitive with thermal, nuclear, and hydropower.

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IEA sketches out vision for $1tr a year global green stimulus

Business Green

The analysis calculates that integrating clean energy goals into economic recovery and stimulus packages over the next three years could boost global economic growth by an average of 1.1 Birol acknowledged that policy makers were "having to make hugely consequential decisions in a very short space of time as they draw up stimulus packages".

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IRENA: Renewable energy generates half a million new jobs worldwide in 2019

Business Green

million people now work in renewable energy worldwide, but IRENA warns strong policy action essential to sustain growth in the wake of Covid-19. and hydropower employed around 1.95 As many as 11.5 Job opportunities in the renewable energy continue to surge worldwide, with 11.5 Wind energy, meanwhile, accounted for 1.17 million workers.

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How India’s Renewable Energy Sector Survived and Thrived in a Turbulent 2020

GreenTechMedia

” India’s total installed capacity renewable energy, not including hydropower, currently stands at 90 gigawatts. Now it must walk, chew gum, and much more," Varun Sivaram, senior research scholar at the Columbia University Center on Global Energy Policy, wrote in a recent analysis for the Aspen Institute.

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