Manufacturing with global outreach create welfare: Germany's EV exports soar 58 % to 1/4 of all cars shipped abroad. 786000 EVs with a value of 36B€. Autoindustry's total revenue was 430B€.

Takeaway for Finland:
More investments, R&D, education.

cleanenergywire.org/news/germanys-…

#RenewableEnergy will supply most of the power capacity (MW) growth in the #USA in 2024 ( #Solar >60% ). In 2025, solar may exceed hydropower for the first year in history.

BUT, #FossilFuels still dominate all #Electricity production (almost 60%).

pv-magazine-usa.com/2024/05/07/sol…

The race in green transition leadership gets new dimensions: #USA set to impose 100% tariff on #Chinese #electricvehicle imports ahead of the US election.
Is a full trade war between the U.S. and #China looming? New #Geopolitics affects Finland, too.

ft.com/content/9b79b3…

#ElectricVehicles honeymoon is ending.
Governments slap taxes on EVs as $110bn fuel duty shortfall looms. The net #Fuel tax loss in #Europe >€30B in 2030.

#Finland will not be an exception here.

Sähköinen liikenne Lähienergia Ilmastopaneeli

ft.com/content/9e4e38… @ft

The digital world will need much more clean energy in the future. Here's an example by #Microsoft how to response to the quest: largest-ever corporate clean energy deal for 10.5 GW.

Lähienergia Suomen Tuulivoimayhdistys
utilitydive.com/news/brookfiel…

Expanding advanced #nuclear (e.g. #SMR ) raises security risks, e.g. illicit proliferation of nuclear materials, plant sabotage, coercive threats and military attacks on nuclear facilities, potentially unstable countries pursuing or operating reactors.

utilitydive.com/news/expanding…

UK ‘not exciting’ for green investors says former climate adviser. Many countries view that UK steps back on #ClimateAction .

If #Finland follows UK that will jeopardise the huge potential of green investments (€260B).

Helsingin Sanomat MTV Uutiset Svenska Yle Nyheter
ft.com/content/08c25a…

#PuertoRico can reach 100% #RenewableEnergy by 2050 with focus on energy affordability, resilience and reliability, land use, economic benefits.

Such a multidisciplinary approach fits #Finland too, lacking policy goals on wind and solar.

Ympäristöministeriö
nrel.gov/news/features/…

#USA plans to speed grid connections to unlock 2.6TW backlog. It is recommended that generators can elect energy-only connection & be curtailed instead of paying for network upgrades

Dynamic curtailment is interesting for #Finland too
Suomen Tuulivoimayhdistys Fingrid Oyj
utilitydive.com/news/doe-trans…

The world installed 117 GW of new #wind #power capacity in 2023, a 50% increase from 2022, making it the best year for new wind projects on record.

To meet the Paris #climate goals, some 300GW/a of wind will be needed by 2030.

Suomen Tuulivoimayhdistys
renewableenergyworld.com/wind-power/202…

Global solar PV capacity hit 1.6 TW in 2023; 11-fold
growth in 10 years. With 20%/a growth, PV will exceed world power capacity (now 9 TW) in 2031.

Solar is a mover shaker technology, plays a key role in #energytransition

Aurinkoinfo Lähienergia

pv-magazine.com/2024/04/19/glo…

Where are the best places to do business today? Singapore, Denmark and US; #Finland Nr 10.
Statistically, improving business environment boosts GDP, but also requires business-friendly reforms which in case of Finland may be lagging (hence lower GDP%/yr)
Source: EIU 2024.

Record #renewable growth in 2023, representing 86% of world power capacity expansion.
Many countries are cut off from the benefits of #CleanEnergy #EnergyTransition e.g. in #Africa .
Overcoming structural barriers and creating local value
is needed.
irena.org/Digital-conten…

#SolarPower awaiting interconnection permit reaches 1086 GW (wind 366GW) in the USA. Pending transmission interconnection is increasing, also in #Finland , calling for more investments in grid infrastructure and regulatory support.

Lähienergia Suomen Tuulivoimayhdistys
pv-magazine.com/2024/04/01/u-s…

#Inflation is approaching pre-energy-crisis levels. #Finland is slightly above Eurozone, clearly above #Denmark . Food is now the main driver of inflation, while #energy reduces it.
Source: Financial Times

State aid influence where #CleanEnergy industry will be located. Recently #Germany won #USA in getting a big #battery factory. Price ca 1B$ in aid, return 3000 jobs.

The global subsidy race will adversely affect smaller EU members such as #Finland .

cleanenergywire.org/news/eus-batte…

Soon 1yr ago Germany closed last #nuclear plants. Predictions of supply risks/price hikes/dirty coal replacing carbon-free nuclear have not materialised. Instead, record #renewables use/lowest #coal use in 60yrs/falling energy prices/major drop in #CO2 .
cleanenergywire.org/factsheets/qa-…

Could sodium-ion #batteries may become a viable alternative to #Lithium ? And avoid many critical minerals needed today. Integrating Na-ion into Li-ion infrastructure enables quick scale-up once technology is ready. First Na-ion factories are underway.

pv-magazine.com/2024/03/22/sod…

New #nuclear reactor types will not solve waste and safety issues , says a new study. Substantial R&D is still required and their potential boost for #climate action therefore had to be considered “not realistic'.

Ilmastopaneeli Ympäristöministeriö

base.bund.de/SharedDocs/Dow…

#energy -related #CO2 #emissions increased by 1.1% in 2023,instead of falling to meet the Paris Agreement goals. An important reason was the historically bad hydro year.
Without rapid clean energy growth, the emission increase would have been 3x higher.

iea.blob.core.windows.net/assets/33e2bad…