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The path towards a 100% renewable energy future

Wartsila launched a white paper focusing on accelerating the transition towards a 100% renewable energy future. The market trends reflect that the shipping industry is currently leaning towards more flexible systems, with a rapidly increasing share of renewable energy, declining inflexible baseload generation and wider applications of storage technology. 

The Race Against Time – The Business Case for Change

Diane Gilpin highlights that climate change is a reality; there are multiple indicators which provide clear evidence that the climate is changing and therefore, it is of outmost important to start thinking out of the box and finding out new solutions in order to face this challenging situation.

IEA: Global energy investment stabilised after three years

Global energy investment stabilised in 2018, totaling more than USD 1.8 trillion and ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables, according to IEA’s latest annual review.

Australia invests A$329 million to transform Blue Economy

The Australian government announced launch of the largest ever Cooperative Research Centre (CRC) to drive an evolution in marine-based industries, unlocking economic, environmental and technological benefits for a Blue Economy. 

Ocean energy requires EU support, report says

The report ‘Powering Homes Today, Powering Nations Tomorrow’, was launched by ETIP Ocean and analyses the challenges faced by the sector on the route to industrial roll-out and proposes four actions to overcome them. The ocean energy industry forecasts that 100GW of wave and tidal energy capacity can be deployed in Europe by 2050, meeting 10% of Europe’s current electricity needs.

New project eyes creation of a gigawatt electrolysis plant

A consortium of Dutch companies, universities and knowledge institutions have teamed up on the ‘Gigawatt Electrolysis Factory’ project, recently kicked-off at the Institute for Sustainable Process Technology, aiming to investigate what it takes to build a gigawatt-sized electrolysis plant in the Netherlands around 2025-2030. 

CPPIB issues first Euro Green Bond to invest in renewables

Canada Pension Plan Investment Board (CPPIB) issued its first Euro-denominated Green Bond. The sale of €1 billion in 10-year fixed-rate notes will enable CPPIB to invest further in eligible assets such as renewables. Among the Green Bond-eligible investments recently made by CPPIB is a joint venture in renewable power and offshore wind assets.

5 energy trends that will run the world in 2019

As the global community becomes more interested in- and aware of- the devastating impacts of climate change, more and more industries have shown a shift towards environmentally-friendly solutions. In this regard, Finnish technology group Wartsila presented some of the trends awaited in 2019 and significantly impacting the energy transition.

Europe’s Green Issuers launch ‘The Forum’ on sustainable finance

The Autonomous Operator of Parisian Transports published a press release according to which sixteen among Europe’s major companies initiate to push forward the development of sustainable finance, setting up the Corporate Forum on Sustainable Finance, ‘The Forum’. It is designed as a permanent network based on exchanging ideas and views and unites crucial ‘Green Issuers’.

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