NewEnergyNews: Economic Stimulus and Global New Energy /

NewEnergyNews

Gleanings from the web and the world, condensed for convenience, illustrated for enlightenment, arranged for impact...

The challenge now: To make every day Earth Day.

YESTERDAY

THINGS-TO-THINK-ABOUT WEDNESDAY, August 23:

  • TTTA Wednesday-ORIGINAL REPORTING: The IRA And The New Energy Boom
  • TTTA Wednesday-ORIGINAL REPORTING: The IRA And the EV Revolution
  • THE DAY BEFORE

  • Weekend Video: Coming Ocean Current Collapse Could Up Climate Crisis
  • Weekend Video: Impacts Of The Atlantic Meridional Overturning Current Collapse
  • Weekend Video: More Facts On The AMOC
  • THE DAY BEFORE THE DAY BEFORE

    WEEKEND VIDEOS, July 15-16:

  • Weekend Video: The Truth About China And The Climate Crisis
  • Weekend Video: Florida Insurance At The Climate Crisis Storm’s Eye
  • Weekend Video: The 9-1-1 On Rooftop Solar
  • THE DAY BEFORE THAT

    WEEKEND VIDEOS, July 8-9:

  • Weekend Video: Bill Nye Science Guy On The Climate Crisis
  • Weekend Video: The Changes Causing The Crisis
  • Weekend Video: A “Massive Global Solar Boom” Now
  • THE LAST DAY UP HERE

    WEEKEND VIDEOS, July 1-2:

  • The Global New Energy Boom Accelerates
  • Ukraine Faces The Climate Crisis While Fighting To Survive
  • Texas Heat And Politics Of Denial
  • --------------------------

    --------------------------

    Founding Editor Herman K. Trabish

    --------------------------

    --------------------------

    WEEKEND VIDEOS, June 17-18

  • Fixing The Power System
  • The Energy Storage Solution
  • New Energy Equity With Community Solar
  • Weekend Video: The Way Wind Can Help Win Wars
  • Weekend Video: New Support For Hydropower
  • Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

    -------------------

    -------------------

      A tip of the NewEnergyNews cap to Phillip Garcia for crucial assistance in the design implementation of this site. Thanks, Phillip.

    -------------------

    Pay a visit to the HARRY BOYKOFF page at Basketball Reference, sponsored by NewEnergyNews and Oil In Their Blood.

  • ---------------
  • WEEKEND VIDEOS, August 24-26:
  • Happy One-Year Birthday, Inflation Reduction Act
  • The Virtual Power Plant Boom, Part 1
  • The Virtual Power Plant Boom, Part 2

    Friday, December 03, 2021

    Economic Stimulus and Global New Energy

    How much will renewable energy benefit from global stimulus packages?

    1 December 2021 (International Energy Agency)

    “…[As of October 2021, approved] government spending on clean energy reached USD 480 billion. The USD 45 billion allocated to renewables – including electricity, heat and fuels (biofuels, advanced biofuels and biogas) – accounted for about 9% of announced public spending on clean energy. The majority of global clean energy stimulus is expected to be spent over 2021-2023…[Energy efficiency] received USD 144 billion, the greatest clean energy spending globally…The second most supported sector is public transport (USD 94 billion), followed by low-emission vehicles and charging infrastructure (USD 79 billion)…

    Of the spending on low carbon power, we expect solar PV to receive the largest amount, accounting for almost half of low-carbon electricity spending (USD 24 billion) and split between utility-scale and distributed PV. This stimulus money will mostly support already developed markets in China, Korea and the European Union to further accelerate investments. Nuclear power has received around USD 9 billion in public spending, followed by offshore wind and onshore wind…

    …[Hydropower, geothermal, bioenergy, biogas, and biofuels only received around USD 6.5 billion but low-carbon hydrogen got USD 30 billion because it is thought by many] governments to be the main fuel for decarbonising the hard-to-abate sectors…[A]lmost three quarters of public spending on clean energy was allocated in Europe, followed by the Asia Pacific region and North America…[The spending on] renewable electricity could mobilise USD 380 billion of additional private investment…[depending on] policies and implementation measures…with solar PV providing over 90% of this upside potential…” click here for more

    0 Comments:

    Post a Comment

    << Home