Aurora Energy Research - APAC’s Post

Last week, during my visit to Beijing 🇨🇳 for the third Belt and Road Forum for International Cooperation, I spoke to China Daily and highlighted that #China could help the Global South realize the SDG7. I also underscored that the country's practices could set an example for other developing countries, particularly in the #renewableenergy sector. https://ow.ly/BpFr50Q0TkL Sustainable Energy for All (SEforALL)

🌱 Taiwan’s Energy Transition: Opportunities for Collaboration with Sweden and the EU 🌐 In this analysis, Brian Iselin delves into Taiwan's proactive approach towards energy transition, exploring its strategic implications for Sweden and the EU. 📑💰 "One of the primary areas for cooperation is the exchange of policy and best practices. Sweden’s regulatory frameworks and policies that have successfully incentivised renewable energy adoption could serve as models for Taiwan. Learning from the EU’s approach to integrating environmental sustainability into economic and industrial policies could help Taiwan develop regulations that encourage investment in green technologies while also fostering economic growth." 🖱 Find the piece here: https://lnkd.in/gztjiBJX #Taiwan #greentransition

We admire the leadership of Europe today in the coming global energy transition_ how this great power bloc is pushing for major reforms and industrial partnerships for low carbon growth. Here in Papua New Guinea, we are inspired to follow EU innovations for green H2 industries development as from production , storages and domestic distribution in ESP and PNG. It's a good call lately from UNIDO and the European Commission to assist connect with the Green Deal finances thereof and more out there. We just had to keep track as a nation and make efforts to seek Alternative Fuels and Energy capabilities empowerment.

🎉🌏 Thrilled to share insights from the Asia Horasis meeting's 'Asian Economic Outlook' plenary, featuring our esteemed CEO as a speaker! Amidst global economic pressures, Asia's resilience shines through as nations realign national and international value chains. The discussions emphasized Asia's proactive stance in tackling economic uncertainties, employing short-term measures while strategizing for long-term resilience. Excitingly, Asian nations are uniting to confront future challenges, emphasizing collaboration and innovation. Let's continue this momentum, fostering collaboration for sustainable growth! 🚀🌟 #AsiaEconomicOutlook #Horasis #EconomicResilience

#japan , #uzbekistan to work together for the energy transition The cooperation will include a #carbonneutrality roadmap. The Japanese and Uzbek governments signed a memorandum of cooperation for the markets’ collaboration for energy transitions, including support for crafting a carbon neutrality roadmap and a Joint Crediting Mechanism. https://lnkd.in/gNNmXPbJ #energytransitions #carbonneutral #greenenergy

Direct quote from the report: "The European Union (EU) is one of the leading regions for clean energy deployment and policy momentum has intensified in many countries, and at EU level, due to the global energy crisis that followed Russia’s invasion of Ukraine and its subsequent cut in gas deliveries. In large part because of its reliance on imported fuels, the European Union stands out as one of the regions that has the highest clean energy to fossil fuels investment ratios: it spends more than USD 10 on clean energy for every USD 1 invested in fossil fuels." #EU #Clean #energy #Investment #Decarnonization

Dear all, Trade in renewable energy goods is a global public good because all countries gain from the others cutting emissions, and all suffer from climate change if decarbonisation is delayed. Yet this vital process is too dependent on one producer, namely China, which controls most of the world’s production of solar panels, batteries for electric vehicles and to a lesser extent, wind turbines. These supply chains are vulnerable not only to potential weaponisation of one country’s dominance but also to unintended disruptions, such as pandemics or climate-induced natural disasters. Meanwhile, the demand for clean tech is growing fast, also in China itself, to meet its national targets for decarbonization as the largest global emitter. There are complexities involved in de-risking this supply chain. In addition to China’s dominance of the extraction and processing stages of production, Chinese firms are also far ahead of the rest of the world in green tech manufacturing and innovation. The US and the EU are currently pursuing de-risking policies that aim to increase their own supplies of clean tech. However, a broader approach to improving the overall security of supply for all countries is needed. This could be done through the creation of a clean tech partnership composed of incentive-compatible countries cooperating in the different areas of the supply chain of green tech, from extraction, refining, manufacturing and innovation. Coordinated specialization among members of this ‘green partnership’ will be necessary to achieve those objectives, while also leaving room for the private sector to compete. The aim of such a partnership is not to substitute for Chinese production, but to complement it through coordination with other interested parties. This can increase the production of green tech at a time when is most needed. A forthcoming Bruegel policy brief by Heather Grabbe, Axel Kaellenius and myself will explore this topic in further detail. If interested, sign up for the policy brief launch event below!!!

The latest update on the Asia Clean Energy Forum ... from our team at Asian Development Bank (ADB) and Asia Clean Energy Partners ...

Good to see this type of very useful reports. A couple of takeaways: - Global investment in #CleanEnergy is set to reach almost double the amount going to fossil fuels in 2024 - For the first time ever, combined investment in #Renewables and #Grids overtook the amount spent on fossil fuels in 2023. In particular, #SolarPV is attracting huge levels of spending. However, more effort still needed to achieve the COP28 objective of tripling global renewable energy capacity by 2030

Build your #userfocused energy modeling on OSeMOSYS and other amazing #opensource tools. These have helped underpin the work of TransitionZero, for example. See their latest post by the brilliant Matt Gray and info on the #FEO here (https://lnkd.in/dMEh4izr).