Welcome to a new series of regular two weekly Events Listings. We kick off with a free online training programme, plus face-to-faces in Liechstenstein, London and Lisbon, San Francisco and Singapore.
Come to sunny London
It is today, honestly, and there’s plenty going on in RE & EE over the next few months.
The new Renewable Energy Directive gives pan-European support to renewable energy and sets ambitious targets – 20% renewable energy by 2020 – for its constituents. Having mandated that all member states must have implemented the Directive by December 2010, this is a key moment for European Energy policy. There is no questioning that Europe is a major player on the global renewable energy stage, having accounted for 44% of all deals in 2009, up from 38% in 2008. Make sure you are up-to-date with the latest happenings in this market by attending the 12th Renewable Energy Finance Forum – London, 20-21 September.
The EU loses over 20% of its energy through inefficiency every year. This number is substantial considering that energy security is one of the leading concerns for the 20th century. Also, the EU demands a 20% reduction of carbon emissions by 2020 and Energy Efficiency can deliver on both accounts. Energy recovery will play a huge part on the road to a low carbon society and the responsibility has now been placed in the hands of energy consumers. With a payback ratio of one to four, decentralised energy represents a very attractive industry akin to that of renewable and nuclear. Commercial and industrial emissions are estimated to have seen a 1% yearly decrease in the UK but this is not enough. The wheels have already been set in motion and it is time to drive this agenda forward. The 3rd Energy Efficiency Finance Forum, 22-23 November, London will highlight how to access the best opportunities for energy efficiency including how to capitalise on decentralised energy strategies. REEEP are co-organisers of this event; hope to see you there.
A recently-updated analysis from the World Resources Institute has found just shy of the promised $30 billion in fast-start financing promised by rich countries to fund climate change mitigation and adaptation in developing countries. And despite – or, in fact, because of – the slow progress towards a post-2012 climate change agreement, a range of climate financing options are under development. While the anticipated global embrace of the carbon market may be on hold, awaiting progress in the US and a more benign economic environment, a whole suite of alternative mechanisms to finance emissions reduction initiatives are under development. Climate Finance 2010 in London on 9 & 10 November promises to bring together key thought-leaders and practitioners to explore the opportunities presented by the current uncertainty.
Flowers in your hair for renewable energy finance?
How the year 2010 may end is contingent upon the USA’s renewable energy drive which saw it overtake Western European markets. President Obama has made clean, renewable energy a priority on the national level. Industry officials, too, are excited about the administration’s commitment to renewable energy after years of positive statements from federal agencies supporting the sector, but with little action to show for it. In the wake of 2009’s American Recovery and Reinvestment Act, the 3rd Renewable Energy Finance Forum – West, 28-29 September, San Francisco, will examine the impact of new legislation on the renewable energy industry.
Efficient, renewable cities and regions in Europe
Moving towards 100% renewable cities and regions is high on the agenda of governments and communities in Europe. The Austrian states of Vorarlberg and Burgenland set total renewable energy autonomy targets for 2050 and 2020 respectively, and approximately 100 regions in Germany are on track to attain self-reliance in renewable energy supply. To find out more about the local approach, attend LISDAR 2010, 15-18 September, Liechstenstein.
Leading cities such as London, Stockholm and Amsterdam are implementing groundbreaking projects with ESCO‘s working towards far more ambitious targets than their national governments and the European Union. The Covenant of Mayors has seen over 1700 European cities pledge to drive additional energy savings, representing huge opportunities for the private sector to deliver innovative cost effective solutions.
ESCO Europe 2010 will be held in Lisbon on the 3-4th of November and will give you hands-on experiences from leading European ESCO projects as well as in-depth case study presentations exploring the latest ESCO advancements. Understand how to manage the procurement, measurement and verification and financing options available when engaging an ESCO in an energy efficiency project. Special REEEP member registrations are available with 25% discount.
Shifting focus to Asia-Pacific
According to Bloomberg New Energy Finance, total new investment in sustainable energy worldwide reached $162 billion in 2009, nearly four times that of 2004. With $65 billion worth of new financial investment in clean energy already registered in the first half of 2010, some 22 percent up on the same six months of 2009, the market seems to be on an upswing. What is significant is the distinct shift in focus from Europe and North America to Asia-Pacific, with a sharp increase in financial investment from $31.3 billion in 2008 to $40.8 billion in 2009. Some $188 billion in government stimulus packages was also allocated to greening and climate change measures in 15 major economies between the autumn of 2008 and early 2010, with Asia-Pacific accounting for over 45 percent of this spending [Global Trends in Sustainable Energy Investment 2010 Report, 11 August 2010].
Powered by such strong growth in the region, the second annual Clean Energy Expo Asia (CEEA) is back, from 2-4 November 2010 at the Suntec International Convention & Exhibition Centre in Singapore, with a more extensive Trade Fair and Conference to feed into this growing interest in renewable energy technologies, energy efficiency, as well as smart grid and sustainable mobility solutions.
And for the engineers out there…
Have you ever wanted to know how to design, build and operate a photovoltaic system? Learn everything you need to know with a free online course: Training on PV Systems – Design, construction, operation and maintenance, six sessions from 14 Sept – 6 Oct, online.
Well, that’s definitely enough for this week; more in two.