Rethinking Our Energy Future A White Paper on Renewable Energy for the 3GFLAC Regional Forum

whitePaper | May 24, 2022

Renewables are already the cheapest source of new power generation in most markets across the world. Cost declines due to technology evolutions and rapid policy advancements have triggered new investments, leading to further capacity additions and price drops. In the case of solar PV, investors and governments have come to expect continuously lower capex. In recent years however, as the technologies have matured, the capex of solar and wind has declined at a slower pace and become subject to temporary supply chain hurdles, such as the past year’s escalating shipment costs, rising module prices and escalating steel costs.

whitePaper | January 17, 2023

In the United States, commercial-scale offshore wind energy deployment is at an early stage with only 42 megawatts (MW) generating power; however, the domestic industry is poised for an exponential increase in new installations after the first large commercial projects advanced to the construction phase in 2021–2022. Over the past 20 years, offshore wind energy got a head start outside the United States with the help of coordinated European offshore wind energy incentives.

whitePaper | July 25, 2023

Despite accounting for roughly one-third of global emissions, food systems receive a disproportionately low share of climate finance in comparison to other heavy-emitting sectors. The finance community has a unique opportunity to lead and catalyse a global food systems transformation.

whitePaper | June 22, 2022

California’s electricity system is undergoing rapid transformation on the pathway to 100% renewable power, with the expected high penetration of renewables, electrification of buildings and transportation, and deployment of behind-the-meter (BTM) distributed energy resources (DERs). Many stakeholders are concerned about potential adverse impacts of these trends on the State’s power grid (see section 3.1) and agree that going forward it is essential for California to leverage demand response (also referred to as load or demand flexibility management) as a critical resource in integrated resource planning (IRP) to meet the State’s aggressive GHG emissions reduction targets.

whitePaper | August 24, 2023

Brazil has committed to reducing its greenhouse gas (GHG) emissions by 37% by 2025 and by 50% by 2030, based on 2005 levels, with the ultimate goal of achieving carbon neutrality by 2050.

whitePaper | September 2, 2022

Cryptocurrency mining is an extremely energy-intensive process that threatens the ability of governments across the globe to reduce our dependence on climate-warming fossil fuels. If we do not take action to limit this growing industry now, we will not meet the goals set forth by the Paris Agreement and the Intergovernmental Panel on Climate Change to limit warning to 2 degrees Celsius. And cryptocurrency mining operations harm local communities now, including by increasing local pollution and impacting electricity rates and delivery. In our paper, we discuss several such examples where fossil-fueled cryptocurrency mining has increased local air, water, and noise pollution, increased costs on others, and increased climate pollution at a time when we should be doing everything in our power to move in the opposite direction to mitigate the worst impacts of the climate crisis.