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Stimulation of sustainable energy production and climate transition (SDE++)
…such as CCS within the SDE ++ scheme.The SDE++ is a subsidy scheme targeting technologies related to low carbon power and CO2 sequestration. Only industries, companies and non profit organisations can apply to the programme. There are five main categories for this scheme: 1. Renewable electricity (Hydropower, wind, solar...)2. Renewable heat (solar thermal, geothermal, biomass combustion…)3. Renewable gas (biomass fermentation or gasification)4. Low CO2 heat (electric boiler, industrial heat pump…)5. Low CO2 production (CCUS, hydrogen…) The grant is distributed over the span of up to 12 to 15 years, depending on the technology…
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Greenhouse Gas Emissions and Fuel Efficiency Standards for Medium- and Heavy-Duty Engines and Vehicles - Phase 2
The U.S. Environmental Protection Agency and the Department of Transportation’s National Highway Traffic Safety Administration jointly finalized standards for medium- and heavy-duty vehicles that would improve fuel efficiency and cut carbon pollution to reduce the impacts of climate change, while bolstering energy security and spurring manufacturing innovation.
The final phase two program promotes a new generation of cleaner, more fuel efficient trucks by encouraging the development and deployment of new and advanced cost-effective technologies. The product of four years of extensive testing and research, the vehicle and engine performance standards would cover model years 2018-2027… -
Energy input cost ratio of industrial electric boilers relative to current market benchmarks in selected regions, 2024
Energy input cost ratio of industrial electric boilers relative to current market benchmarks in selected regions, 2024
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Carbon dioxide emission reduction measures
Two types of hydrogen projects are supported. Autonomous and distributed energy system that utilizes renewable hydrogen; Projects including equipment manufacturing, storage, supply and use of hydrogen. Scope: CAPEX. Incentives Maximum subsidy of JPY 200 million (USD 1.4 million) per project; 50-66% of CAPEX covered as a grant; Maximum project duration of 2 years. Selection criteria based on effectiveness, efficiency, CO2 reduction effect, among others
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Detailed Procedure for Compliance Mechanism under the Carbon Credit Trading Scheme (CCTS)
the Indian government adopted detailed regulations for the planned compliance carbon market under the Carbon Credit Trading Scheme (CCTS). The compliance period shall start by 2026.
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Share of global supply of magnet rare earths and magnet manufacturing, 2024
rare earth elements Critical Minerals
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Global shocks have driven a surge in energy policy activity and government spending
…than 40% of natural gas imports expanded their stockholding requirements for natural gas storage obligations.Governments are also increasingly focused on addressing new forms of risk, particularly in the concentration of critical minerals and energy technology supply chains. Around a third of the critical mineral policies tracked by the IEA have been introduced in just the past five years, including in response to a rising number of export controls on minerals key to the energy sector.“Energy policy is being shaped by a complex and evolving set of global constraints,” said Laura Cozzi, IEA Director of Sustainability, Technology and Outlooks…
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GX2040 Vision
The current draft of the GX2040 Vision include specific measures from the 7th Strategic energy plan. Pillars are: - Energy policy: - Emission reduction target of 60% by 2035 and 73% by 2040. - Industry restructuring: upgrading the industrial structure. - Market creation: Create a strong demand for low carbon products.
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Integrated National Energy and Climate Plan 2030
The Integrated National Energy and Climate Plan 2030 from Italy focuses over five main areas: decarbonization, energy efficiency and security, internal energy market development, research, innovation, and competitiveness. The plan targets a 55% reduction in greenhouse gas emissions by 2030, a 30% increase in energy efficiency, and achieving 72% of electricity consumption from renewable sources by 2030. It also aims to enhance industrial competitiveness through research and innovation programs, including participation in European initiatives and Horizon Europe. The plan also encompasses circular economy strategies, support for biorefinery development, and measures for energy-intensive enterprises to facilitate the green transition.