Energy economics
Discipline that includes topics related to supply and use of energy in societies
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| 2025 |
Methanol economy
Shanxi province government plans to convert over 2,000 refueling stations to methanol fuel and transition 200,000 vehicles to methanol operation.
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| 2025 |
Methanol economy
Power to Methanol Antwerp BV consortium plans to build a plant with an 8,000 tonnes per year renewable methanol production capacity. The CO2 will be separated through Carbon Capture and Utilisation (CCU) from industrial emissions.
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| 2025 |
Methanol economy
Total Energies initiates the e-CO2Met project for renewable methanol production in Leuna, Germany, using a 1 MW high temperature electrolyzer. The CO2 for methanol production will be sourced from refinery production processes.
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| 2025 |
Methanol economy
Liquid Wind consortium plans a renewable e-methanol plant in Sundsvall and Örnsköldsvik, Northern Sweden, with a production capacity of 50,000 tonnes per year. The project aims to use CO2 from a biomass plant, with a long-term goal of building 500 similar plants by 2050.
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| 2025 |
Methanol economy
Wacker Chemie AG plans to build a plant for green hydrogen and renewable methanol production under the RHYME funding project. The facility aims to produce 15,000 tonnes of renewable methanol annually, using CO2 from production processes and potentially other industrial sources like cement plants.
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| 2025 |
Zero-energy building
South Korea will expand zero-energy construction requirements for private buildings to Gross Floor Areas over 1,000 m2.
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| 2025 | International Energy Agency (IEA) predicts renewable capacity will meet 35% of global power generation. |
| January 2025 | Concluded his tenure as director of the Loan Programs Office in the US Department of Energy. |
| 2024 |
Methanol economy
A consortium including Porsche, Siemens Energy, Enel, AME, and ENAP plans to produce 55 million litres of eFuels using renewable methanol produced from wind power and captured CO2.
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| 2024 |
Zero-energy building
South Korea will apply ZEB requirements to all public buildings.
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| 2024 |
Air source heat pump
A study concluded that for the UK, heat pumps with a nominal Coefficient of Performance (COP) between 2.8-3.2 are considered cost-optimal from an energy system perspective, recommending investment in renewable energy generation and storage technologies.
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| 2023 |
Renewable energy industry
The United Nations Climate Change Conference (COP28) conducted the first Global Stocktake, evaluating countries' progress towards sustainable development goals and calling for tripling renewables and doubling energy efficiency by 2030.
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| 2023 |
Methanol economy
The Laura Maersk became the first container ship to run on methanol fuel, marking a significant milestone in green methanol maritime transportation.
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| 2023 |
Zero-energy building
South Korea mandated ZEB certification for building permits with a Gross Floor Area (GFA) over 100,000 m2.
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| 2023 |
Zero-energy building
EnergyX opened the first commercial Net-Zero Energy Building (NZEB) in Korea, the DY-Building, which received ZEB certification with an energy independence rate of 121.7%.
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| 2023 |
The Carbon Principles
JPMorgan Chase published their Carbon Market Principles Report, emphasizing the importance of carbon markets in promoting sustainability and reducing greenhouse gas emissions.
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| 2023 |
Carbon-neutral fuel
A study published by the NATO Energy Security Centre of Excellence concluded that e-fuels offer a promising decarbonization pathway for military mobility across land, sea, and air domains.
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| 2023 |
Financial incentives for photovoltaics
Typical feed-in tariffs in New Zealand ranged from 7c to 17c per kWh, with electricity suppliers limiting solar connections to a maximum of 10 kW of generating capacity.
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| 2023 |
Financial incentives for photovoltaics
Major electricity retailers in Ireland began offering Clean Export Guarantee tariffs ranging from 18c to 24c per kWh, along with a fixed daily charge for grid connectivity.
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| 2023 |
Air source heat pump
The International Energy Agency (IEA) appealed for better data collection, especially on air-to-air heat pumps.
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| 2023 |
Air source heat pump
UK heat pump sales increased to 60,244 units, showing significant market growth.
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| July 7 2023 |
Zero-energy building
The Energy and Climate Change Ministerial Council agreed to update the Trajectory for Low Energy Buildings by the end of 2024, aiming to support the delivery of a low energy, net zero emissions building sector by 2050.
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| 2022 |
Renewable energy industry
China generated 2,673,556GW of energy through renewable sources, while the United States produced 981,697GW of electricity through the renewable energy industry.
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| 2022 |
Renewable energy industry
Solar power market expected to reach a value of $422 billion.
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| 2022 |
Zero-energy building
South Korea expanded ZEB requirements to buildings with a Gross Floor Area (GFA) of 500 m2 and above.
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| 2022 | All remaining nine nuclear power plants in Germany are scheduled to be closed, completing the nuclear phase-out as part of the Energiewende strategy. |
| 2022 | UK offshore wind farm support prices fell to £130 per MWh, demonstrating a continued trend of reducing renewable energy costs and increasing economic competitiveness. |
| 2022 |
Carbon-neutral fuel
Zero, a British company founded by former F1 engineer Paddy Lowe, began work on a demonstration production plant for synthetic fuels at Bicester Heritage near Oxford.
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| 2022 |
Feed-in tariff
Vermont's feed-in tariff program capacity increased to a total of 127.5 MW, with annual increments of 5 to 10 MW.
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| 2022 | Continued leadership of Loan Programs Office after the passage of the Inflation Reduction Act, advancing Biden Administration's clean energy initiatives. |
| 2022 | Nuclear power generates over a quarter of all low-carbon energy worldwide, establishing itself as the second largest source after hydropower. |
| 2022 |
Energy security
The International Energy Agency predicted a global renewable energy capacity increase of 320 gigawatts, which would almost entirely cover Germany's electricity demand.
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| 2022 |
Energy security
Nuclear power provided 10% of the world's total electricity, demonstrating its significant role in global energy production.
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| 2022 |
Air source heat pump
Heat pumps outsold fossil fuel-based heating systems in the US and France.
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| October 31 2022 |
Financial incentives for photovoltaics
Feed-in tariff rates for photovoltaic systems in France varied based on system size, with different rates for excess self-consumption and total sale, ranging from 0.10 €/kWh to 0.2022 €/kWh depending on the system's kilowatt-peak capacity.
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| August 1 2022 |
Financial incentives for photovoltaics
France implemented two distinct feed-in tariffs for photovoltaic systems: one for self-consumption (power exported to grid) and another for total sale (all production remunerated).
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| February 15 2022 |
Financial incentives for photovoltaics
Ireland introduced the Clean Export Guarantee (CEG) Tariff as part of the Micro-generation Support Scheme, marking a significant policy change that allowed residential solar power producers to receive compensation for exported electricity.
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| 2021 |
Methanol economy
Status of methanol fuel cell efficiency reported to be between 35% to 50% electrical efficiency, with overall system efficiency including losses for RMFC type methanol fuel cells ranging from 40% to 50%.
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| 2021 | IAEE held its annual International Conference online due to global circumstances. |
| 2021 |
Zero-energy building
South Korea implemented mandatory Zero-Energy Building (ZEB) requirements for buildings with a Gross Floor Area (GFA) of 1,000 m2 and above.
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| 2021 | Oversaw significant increase in Loan Programs Office funds from $40 billion to $400 billion following the Infrastructure Investment and Jobs Act. |
| 2021 |
Energy security
Global renewable energy capacity experienced record-breaking growth, increasing by 295 gigawatts despite supply chain issues and high raw material prices.
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| 2021 |
Energy security
The European Union's annual renewable energy additions increased nearly 30% to 36 gigawatts.
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| 2021 |
Home energy upgrades from public utilities
Anaheim Public Utilities' solar and battery storage programs reached a milestone of producing 50,000,000 kilowatt hours (kWh) of electricity annually, sufficient to provide year-round electricity for about 4,700 typical US homes.
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This contents of the box above is based on material from the Wikipedia articles Renewable energy commercialization, Zero-energy building, Clean Energy Trends, Jigar Shah, The Carbon Principles, Air source heat pump, Energy security, Feed-in tariff, Sustainable energy, Carbon-neutral fuel, Financial incentives for photovoltaics, Home energy upgrades from public utilities, Methanol economy, Energy economics & Renewable energy industry, which are released under the Creative Commons Attribution-ShareAlike 4.0 International License.