ACT Group’s Post

ICVCM Axes Renewable Energy Carbon Credits from CCP Label. Learn why they did this >>  https://lnkd.in/gY9Bynfg The ICVCM has announced that carbon credits issued under existing renewable energy methodologies will not be eligible for its Core Carbon Principles (CCP) designation. #icvcm #energycarboncredits #renewableenergy #carboncredits #carbonoffsets #carbonpricing #carbonscapture #carbonmarkets #carbonnews #carbonprices #ccs #ccus #cdr #climatechange #cleanenergy #decarbonization #emissionsreduction #energytransition #esg #greenhydrogen #ghgemissions #netzero

Recent research highlights the significant impact of government low-carbon concerns on firms' innovation in renewable energy technology. The study showcases how the government's focus on low-carbon initiatives not only boosts firms' propensity to adopt renewable energy technologies but also encourages R&D investments, leverages subsidies, and addresses the rising costs of energy use as mechanisms for innovation. Key findings include a stronger influence on technology innovation in biomass, waste energy, and high energy-consuming industries, particularly in coal cities, indicating a targeted approach could enhance low-carbon development. This research underscores the necessity for comprehensive policy design, emphasizing incentives for renewable energy innovation and the importance of acknowledging firm, industry, and location characteristics in policy implementation. As we advance, leveraging these insights can catalyze the transition to a low-carbon economy, setting a precedent for global efforts in sustainable development. https://lnkd.in/gXRA7smk #RenewableEnergy #Energy #IP #VC #Patents #DeepTech

At COP28, Ørsted announced that the EU-Catalyst Partnership, which consists of the European Commission, Breakthrough Energy Catalyst, and the European Investment Bank (EIB) Bank, has vowed to support Ørsted’s FlagshipONE project, Europe’s largest e-methanol plant for shipping. Breakthrough Energy Catalyst will acquire a 15 % equity interest in FlagshipONE and provide a grant to the project, subject to the fulfilment of funding conditions. FlagshipONE  is expected to produce up to 55,000 tonnes of e-methanol each year and is located on the grounds of the Swedish biomass-fired combined heat and power plant ‘Hörneborgsverket’ in Örnsköldsvik, operated by Övik Energi. The e-methanol from FlagshipONE will be produced using renewable energy, which is almost exclusively the electricity source in this part of Sweden, and biogenic carbon dioxide captured from Hörneborgsverket. In addition, FlagshipONE will use steam, process water, and cooling water from Hörneborgsverket, and excess heat from the e-methanol production process will be delivered back to Övik Energi and integrated into their district heating supply. https://lnkd.in/ebcbzMiF

The convergence of global #events like #IndiaEnergy Week 2024 and #ColumbiaEnergy Symposium 2024 underscores the profound shift towards renewable energy. With substantial governmental backing and academic engagement, the future trajectory of the #energyandpower sector is unmistakably #greenandsustainable. #AMR #RenewableEnergy #GreenEnergy #Sustainability #PowerSector #EnergyTransition #GlobalEvents #FutureTrends https://lnkd.in/dyXHGZkc

Discover the game-changing role of renewable energy in driving sustainable development! Our latest article delves into the opportunities and challenges this green revolution brings. Join us in exploring the future of clean energy for a greener tomorrow! 🌱💡 #RenewableEnergy #SustainableDevelopment #CleanEnergyFuture #BLKNews https://lnkd.in/dXD9xxHy

Excited to unveil my 13th blog post! 🌞🌐 Dive into the transformative journey "The Development of Renewable Energy Technologies: Paving the Way for a Sustainable Future." ⚡🌱 Let's explore the innovations shaping our path to a cleaner, greener tomorrow. 🌍🔗 #RenewableEnergy #SustainableFuture #CleanTechRevolution 📖 Read more here: https://lnkd.in/dkCmUnS3

The availability of fossil fuels has long been linked to prosperity. However, considering the volume of annual carbon emissions, the need to transition to more environmentally friendly, renewable energy sources is becoming more and more obvious. What does the future hold for sustainable development? What energy trends should we expect? To learn more, check out our article! #FutureofEnergy #fossilfuels #environment #renewables #windenergy #energytrends #AI #SDG7

VP CARBON SOLUTIONS SHARED ABOUT THE CARBON MARKET AND RECS MARKET  Read more event information: https://lnkd.in/gEKA3pMF   On December 22, 2023, ACA-Vietnam, a member of ACA (Alliances for Climate Action), collaborated with WWF-Vietnam and VP Carbon Solutions to organize an end-of-year program for members. At the program, delegates looked back on activities in 2023 and planning for 2024, especially sharing and discussing carbon certificates and renewable energy certificates (RECs) enthusiastically. Mr. An, Pham Dang, Director of VP Carbon Solutions and Deputy General Director of Vu Phong Energy Group, coordinated the program and shared about the carbon and RECs markets. In a detailed presentation, Mr. An provided an overview of the international carbon market's development (compliance and voluntary) and several organizations that provide standards and certifications in the voluntary carbon market. He also shared information about the development of the RECs market, especially as more corporations and large enterprises are committing to 100% renewable energy goals, outlining their journey for increasing the use of renewable energy in their production and operations. #VPCarbonSolutions #VPCARBON #sustainabledevelopment #CarbonNeutral #Sustainability #RenewableEnergy #Vietnam #carbonneutrality #growthgreen #netzero #REC #RECs #carbon

The shift to renewable energy is more than just a trendit's creating a multi-trillion-dollar market for green technologies. Unlike traditional fossil fuel power plants, renewable energy infrastructure relies heavily on metals. This transition is driving a substantial increase in global metal demand. By 2040, we expect the global consumption of critical minerals to multiply by four, powering renewable electricity, electrifying transport, and decarbonizing industries. Discover how this transformation is reshaping our world and the economy. Read more here: #QualityAssurance #DiversityInTech

"Policymakers must work closely with the off-grid energy industry to scale the market following the delay of the replacement boiler ban from 2026 to 2035," Insightful article from Dimeta's Sophia Haywood in The House Magazine. A must-read on the importance of following a mixed-technology approach to efficiently reduce rural heating emissions and secure a sustainable off-grid future. This reinforces the call for increased government-industry support to advance renewable liquid gas production, ensuring the UK remains a leader in the renewable energy transition. #RenewableEnergy #CleanHeating #NetZeroTargets #rDME