@Green July/August 2020 | Page 6

06 foreign news @green | July-August, 2020 Britain goes coalfree as renewables edge out fossil fuels Britain is about to pass a significant landmark - at midnight on June 10, it will have gone two full months without burning coal to generate power. A decade ago, about 40 per cent of the country’s electricity came from coal; coronavirus is part of the story, but far from all. When Britain went into lockdown, electricity demand plummeted; the National Grid responded by taking power plants off the network. The four remaining coal-fired plants were among the first to be shut down. The last coal generator came off the system at midnight on April 9. No coal has been burnt for electricity since. The current coal-free period smashes the previous record of 18 days, 6 hours and 10 minutes which was set in June last year. The country does not need to use the fuel that used to be the backbone of the grid is thanks to a massive investment in renewable energy over the last decade. Renewable power out-generated fossil fuels in December, 2016. Before this year, there had been a total of 154 days when the combined power created from renewable sources exceeded those from fossil fuels. Carbon Brief says that 91 of those days occurred in 2019. The decline in the role of fossil fuels in general and coal in particular looks set to continue. The remaining three coal plants in the UK will be shut down within five years. Then the fuel that sparked the industrial revolution here in Britain almost two centuries ago will be a thing of the past. – BBC News Maersk heads zero-carbon drivein shipping sector The world’s largest container shipper, A.P. Moller-Maersk (Maersk), will team up with industry majors to set up a research centre in Denmark to reduce carbon emissions in the shipping industry. According to Reuters, Denmark’s Maersk, which aims to be carbon-neutral by 2050, recently said the research centre would combine knowledge from industry, academia and regulators towards “decarbonising” the industry by developing carbon-neutral fuel and technologies. The shipping industry, which carries around 80 per cent of global trade and accounts for about three per cent of global carbon emissions, pledged last year to have ships and marine fuels with zero carbon emissions ready by 2030. The move would be funded by Maersk’s majority owner, the A.P. Moller Foundation, which has donated 400 million Danish crowns ($60.36 million) towards building the Copenhagen-based research hub set to employ 100 people initially, Maersk said. Denmark, which has one of the world’s most ambitious climate goals of cutting emissions by 70 per cent by 2030, is home to renewable energy majors like wind farm developer Orsted (ORSTED.CO) and turbine maker Vestas (VWS.CO). New Green Power growth commitments lag climate goals Deep in one of Sweden’s many fir forests, a 150-metre crane juts out between the treetops. Built especially for the job, one by one it hoists three 68-metre blades to complete a wind turbine as tall as the London Eye. The yellow crane is then slowly dismantled, moved piece by piece, and rebuilt to repeat the manoeuvre. It’s painstaking work for an industry in a hurry. The US$8 billion Markbygden site, set to be Europe’s largest onshore wind farm, kept construction going through lockdown, helped by Sweden’s laissez-faire approach to the virus. But it’s Promises for new renewable power capacity are off to a slow start this decade, just as more investment is needed in clean technology to slow down the worst effects of climate change. Targets set by governments and companies for installations of technologies like wind turbines and solar panels this decade are far below what was built in the previous 10 years. This is according to research from Bloomberg NEF for the United Nations Environment Programme, and Frankfurt School’s UNEP Center published Wednesday. The pledges by governments and companies for new renewable sources are still set to add up to $1 trillion in investment by 2030, but that pales in comparison with The massive wind park the virus couldn’t stop indicative of an industry that — globally — has weathered the pandemic better than its peers in conventional energy. As nations plan to invest almost $10 trillion in the wind and solar energy by 2050 to hit climate targets, the pressure to keep installing turbines as tall as skyscrapers and put more solar panels ever in fields has never been higher. “Over this period we’ve managed to demonstrate just how resilient and robust our business model is,” said Jonathan Cole, the managing director for offshore wind at Iberdrola SA, which completed a U.K. wind project and a Spanish solar the $2.7 trillion of green power investment made in the last decade. However, the amount invested could quickly end up being much more as not all renewables installations follow government or corporate targets. “Clean energy finds itself at a crossroads in 2020,” said Jon Moore, chief executive officer of BNEF. “The last decade produced huge progress, but official targets for 2030 are far short of what is required to address climate change.” A landmark 2018 UN report said the world must invest $2.4 trillion in clean energy every year through 2035 and cut the use of coal-fired power to almost nothing by 2050 to avoid catastrophic damage from climate change. - Bloomberg plant at the height of the crisis. “We barely missed a step.” For Markbygden in Sweden, it means 1,101 turbines will be spinning by 2026, enough to meet 8 per cent of the nation’s electricity demand. Lawmakers want the technology to help replace the output of the country’s ageing nuclear reactors that are gradually closing. Delays and complications at the wind farm have also been limited by the fact that the Swedish government took a different route to combat the virus than other nations. It refused to shut down its economy, relying instead on citizens to respect social distancing. - Bloomberg