Last Week in The Energy Sector – 25th to 1st Oct

The IEA Released a New Edition of Its Net Zero Roadmap

It emphasises the continued rapid growth of renewable energy, phasing out fossil fuels, and global cooperation to support developing countries’ clean energy transition.
Bold action towards upscaling renewables and reducing energy sector emissions this decade still remains key to reaching net zero.
Additionally, the annual rate of energy efficiency improvements must double, EV and heat pump sales must continue to increase, and energy sector methane emissions must drop by 75%.

A £20bn ($24.5bn) plan to pump green energy from Morocco to Britain through an undersea cable passed a “major milestone” as the UK government named it as a nationally significant project.
On the Moroccan side, Xlinks aims to build 10.5GW of wind and solar allied to 5GW/20GWh of battery storage in its southern Guelmim Oued Noun region.
It claims the project could power over 7 million British homes by 2030, meeting around 8% of Britain’s electricity needs.

This reduction aligns with the Biden-Harris administration’s goal of net-zero emissions by 2050 and allows for the expansion of the offshore wind leasing program.
The plan phases down oil and gas leasing in the Gulf of Mexico and will enable the offshore wind program to continue to rapidly grow.
The proposed program includes zero oil and gas lease sales in the Atlantic, Pacific and Alaskan waters.

The Cypress 2 Wind Project will create jobs delivering power to communities across Alberta and seize the economic opportunities of a low-carbon future.
The Government of Canada recently released Powering Canada Forward, its vision for transforming Canada’s electricity sector and meeting its commitment to de-carbonizing the country’s electricity systems.

National Central University and Xinding Nano Company have joined forces to drive innovation in the realm of hydrogen production from seawater.
The current hydrogen landscape in Taiwan predominantly relies on natural gas recombination, with over 96% of the nation’s hydrogen originating from this source.
The cornerstone of this ambitious endeavor lies in “seawater hydrogen production,” a technology poised to play a pivotal role in Taiwan’s journey toward net-zero carbon emissions.