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Newsletter (copy 49)
Unlocking hidden grid capacity for a faster transition ⚡
Happy Wednesday,
Some good news to kick things off:
Sales of zero-emission buses and coaches in Europe were up 35% (to 2,819 units) in the first half of 2024, per the International Council on Clean Transportation.
Australia says it’ll protect 52% of its ocean territory.
Global sales of electric vehicles rose 20% in August from a year before.
India's coal-fired power output fell for a second straight month in September thanks partly to a surge in solar generation, says Reuters.
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Thanks for reading.
Nick Hedley
Editor, The Progress Playbook
One of the biggest obstacles in the race to decarbonise the global economy is the shortage of power lines and other infrastructure needed to transport clean energy to where it’s needed. Because building new lines is costly — and takes a long time — some countries are deploying innovative technologies to expand grid capacity and keep the energy transition moving.
Many of these so-called ‘grid-enhancing technologies’ are still relatively new, but they’re already proving their worth. Pioneering utilities are deploying them to make better use of their existing power lines while they build new ones.
- Read the full story here.
At least 10 countries are on track to get more than two-thirds of their electricity from wind and solar by 2030, according to the International Energy Agency.
Denmark, the current frontrunner, will be within touching distance of 100% renewables by the end of the decade, the IEA projects.
- Read the full story here.
However, while peak emissions is a critical inflection point, emissions aren’t expected to decline nearly fast enough to keep global warming to relatively safe levels.
- Read the full story here.
A message from our partner, Plentify:
Fifteen companies, including chemicals group BASF, will receive compensation for the extra costs required to substantially reduce emissions.
- Read the full story here.
Thanks to supportive policies and favourable economics, the world’s renewable power capacity is expected to nearly triple over the rest of this decade, according to the International Energy Agency’s projections.
- Read the full story here.
The solution could remove at least 50-60% of pollutants that would otherwise enter the sea.
- Read the full story here.
Other articles you might find interesting:
Portugal becomes the latest EU state to announce a flat-rate monthly rail pass
Sanlam Investments returns as title sponsor for Africa’s Green Economy Summit 2025
China’s EV and high-speed rail boom is curbing global oil demand, data shows
Pedestrianisation of London’s Oxford Street will boost the local economy, mayor says
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