Industry Updates

NIGERIA LEADING AFRICA TO NET ZERO

October 28, 2022

NIGERIA LEADING AFRICA
BY 2030 Nigeria reaches its 30-30-30 target, which means 30 GW of grid-connected capacity by 2030 of which 30% comes from renewables. The amount of unserved energy drops significantly in the later part of the decade, which means that a much larger portion of the population now has access to electricity. A lot of flexibility has been added to the power system thanks to ICE technology. The system is now ready to accommodate the massive renewable energy deployment planned in the 2031-2040 decade. Our model reveals that reaching the 30-30-30 target in the most cost-effective way will require $18.7 Billion of investment.

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Association of Energy Engineers

The Association of Energy Engineers (AEE) is a nonprofit professional society of over 17,500 members in 98 countries.

OTHER WHITEPAPERS
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Accelerating Asia’s Advantage: A Guide to Corporate Climate Action

whitePaper | April 21, 2023

The need for climate action has never been better understood. But now is the time for action. Asia’s companies face considerable risk from climate change but also have one of the most significant opportunities to realize economic benefits.

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Spring 2023 Solar Industry Update

whitePaper | April 27, 2023

The median reported price by EnergySage for residential PV systems increased 6.3% y/y to $2.85/Wdc – the third straight period of increase, after never having done so before. After plunging to a 1.5-year low of $20/kg in mid-January, global polysilicon spot prices rebounded to $30/kg in mid-February and then dropped to $24/kg by mid-April.

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Solving the Energy Trilemma

whitePaper | August 11, 2022

The global climate change summit, COP26, in November last year emphasised the urgent need to keep 1.5 degrees Celsius alive, limit global warming and push for more low-carbon power, as well as renewables. Then prices for energy began to skyrocket in Europe and Asian markets in January due to post-COVID energy bottlenecks. Finally, the recent war in Ukraine has emboldened world leaders’ to prioritise energy security and question where their imported fuels come from.

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RENEWABLE ENERGY OUTLOOK FOR ASEAN TOWARDS A REGIONAL ENERGY TRANSITION

whitePaper | September 30, 2022

The Southeast Asia region will see rapid economic growth in the coming decades and energy use is set to grow significantly. Today, the region stands at a crossroads. On the one hand, it can pursue a path of continued reliance on fossil fuels, most of which come from non-indigenous sources, increasing the region’s emissions and exposure to volatile and increasingly expensive global commodity markets. On the other, the region could utilise its ample, affordable, indigenous renewable energy resources to lower energy costs, reduce emissions and drive regional economic development. This second edition of the Renewable energy outlook for ASEAN was developed in collaboration the ASEAN Center for Energy (ACE) and the ASEAN Renewable Energy Sub-sector Network. It is guided by IRENA’s World energy transitions outlook and builds upon the first Renewable energy outlook for ASEAN, released in 2016, by incorporating a net-zero pathway and a longer-term perspective to 2050.

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An energy transformation plan for the climate emergency

whitePaper | January 30, 2020

This report presents one strand of the pathway to a genuinely sustainable future. It is not, as so many other reports have been, about “green growth projects”. Rather, the ambition is to propose a quite different way of life that will deliver a different kind of prosperity, one that prioritises wellbeing and builds resilience via a localised circular economy.

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The “No-Excuse” Framework to Accelerate the Path to Net-Zero Manufacturing and Value Chains

whitePaper | January 5, 2023

While many leading companies have already started their journey towards achieving net-zero emissions – namely, cutting their greenhouse gas emissions as much as possible and balancing the remaining by removing it from the atmosphere – no single business can reach net zero by itself. Systemic collaboration across and between value chains is fundamental to aligning and upgrading corporate strategies and industrial policies, and all stakeholders – even competitors – can find mutual benefit in ensuring their industries can continue operating in the future.

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Association of Energy Engineers

The Association of Energy Engineers (AEE) is a nonprofit professional society of over 17,500 members in 98 countries.

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