This will be the last Events Listing email for a while so it’s a long one – I’m cramming them in to keep you informed and entertained whilst I’m away… I’ve got news of events covering the gamut of renewable energy and energy efficiency in Abuja, Belgium, Lisbon, London, Singapore and Washington, DC.
The future of electricity consumption
The World Heritage City, Evora, is the first urban area in Portugal to hook up to the intelligent energy grid. EDP‘s Project will replace electricity meters with intelligent grid terminals, meaning an end to consumption estimates, and providing people with a range of essential information to help them manage their consumption more efficiently. You can read more about the InovCity project here.
Delegates of the 2nd annual Smart Grids – Smart Cities (13-14 Sept, Lisbon, Portugal) will benefit from a unique tour of InovCity of Evora, as well as hearing from industry leaders how cities around the world are dealing with the increasing demand for power and channeling expertise into solutions that are more energy efficient and sustainable. Cutting-edge case studies of buildings and cities that lead the world in sustainable design and energy efficiency. And if that isn’t enough enticement, they are offering a two for one deal: bring a colleague and get one pass for free!
Investing in Africa
According to UNEP/Bloomberg‘s ‘Global Trends in Renewable Energy Investment 2011‘, new investment in renewable energy grew by 104% to US$5billion in the Middle East and Africa during 2010, set against an overall growth of new investment of 32% worldwide during the year. In his foreword, UNEP Executive Director Achim Steiner highlights the fact that Africa posted the highest percentage increase of all developing regions, if the emerging economies of Brazil, China and India are excluded. This includes a rise of “US$800 million to $1.3 billion in Egypt as a result of the solar thermal project in Kom Ombo and a 220MW onshore wind farm in the Gulf of Zeit”, investment climbing from “virtually zero in 2009 to $1.3 billion in 2010” in Kenya and “small but significant advances” in Cape Verde, Morocco and Zambia.
Africa Green Investment Gateway, 14-16 Sept, London, UK, aims to support collaboration to channel financial resources into Green investments launching an era of sustainable development investments across African industrial infrastructure, and to define policies and incentives to spur innovation in Green investments and lure investors with the right mix of green technologies.
Can Europe meet it’s targets: Part 1: 2020
Governments are trying to give industry incentives to stimulate capital flows and get projects moving, e.g. the French government is planning to adopt new regulations that aim to boost the solar energy industry in the country through the development of innovative technologies, while trying to promote made-in-France efforts (see here). But, with the public purse still suffering from the outcomes of the recession, the challenge of reaching 2020 goals looms heavily over Europe. New ways forward must be considered for these targets to be met. The 13th Renewable Energy Finance Forum – London (20-21 Sept, London, UK) is the leading watering hole for the renewable energy market.
Loan guarantees for RE in the USA in doubt
The U.S. Department of Energy’s loan guarantee program, part of which could end this October, has recently provided nearly $35 billion in loan guarantees for solar, wind, geothermal and other clean energy projects. During budget negotiations this September, the U.S. Congress may vote to severely reduce or even eliminate part of the program, which would significantly impact the development and implementation of renewable energy projects in the United States. Click here for the story.
As these negotiations are occurring, Mr. Jonathan Silver, the Executive Director of the U.S. Department of Energy’s Loan Programs Office – the U.S. official who oversees all loan guarantees – as well as U.S. Congressman Roscoe Bartlett, other members of Congress and influential policy experts will all discuss and debate effective government energy policies at the 2011 Washington Energy Summit on September 27 and 28, Washington, DC, USA.
How big is RE in Nigeria?
The Nigerian Renewable Energy market is estimated to be worth at least US$7.5 billion, with significant market potential to grow to about US$10 billion or more, the CEO of BGL Private Equity Ltd, Dr Chris Omeruo, said at the recent launch of the Bank of Industry/UNDP Access to Renewable Energy Project. He added that renewable energy has the potential to create over 10,000 jobs for Nigerian citizens with alternative source of income that will accrue to governments and institutions through carbon trading.
Nigeria Alternative Energy Expo 2011, 17-19 October, Abuja, Nigeria, promises an impressive line-up of local and international speakers, delegates and exhibitors, who will gather to debate a new energy future for Africa’s biggest nation. This year’s conference will focus on the theme ‘Reforming the Nigerian Power sector with Alternative Solutions’.
Can Europe meet it’s targets: Part 2: 2050
The EU wants to achieve 100% renewable energy in the electricity sector by 2050. In order to achieve the target, Energy Efficiency has been identified as the key solution for smart, sustainable and inclusive growth and of the transition to a resource efficient economy. The European Commission has urged, “EU nations must invest more in energy efficiency and green technologies in order to retain economic advantages”.
But what are the main challenges of energy efficiency on the way towards 2050? Is the energy policy attractive enough? Is there sufficient incentive/financing to support continued growth and development of renewable technologies? And is the current electricity network able to cope and integrate with the targeted capacity? These and other questions will be discussed at the Global Renewable Energy Development conference, 17-18 October, Brussels, Belgium.
See you in Singapore
By 2015, the clean energy industry is expected to contribute S$1.7 billion (US$1.4 billion) to Singapore’s gross domestic product and create 7,000 jobs across a broad range of areas, including solar power, fuel cells, wind power, energy efficiency and carbon services (source Singapore Economic Development Board).
Clean Energy Expo Asia 2011 (CEEA – 1-3 November, Singapore) brings together the leading players from the Technology, Services, Finance and Government sectors, in order to address key issues in the areas of renewable energy, energy efficiency and sustainable mobility solutions. Those ‘leading players’ will include REEEP; make sure you visit our booth if you attend!
Normal Events Listing service will resume at the start of September.