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[en] United States congressional members rolled out their "Green New Deal" in 2019 that calls for a rapid shift to carbon-free energy. As laid out by Rep. Ocasio-Cortez (D-NY) and Senator Markey (D-MA), the Deal calls for some drastic measures to cut carbon emissions across the economy, from electricity generation to transportation to agriculture to building efficiencies.
[en] Need for markets for long term contracts for all generation units: • REN support and long term contracts expected to be maintained in order to reach long term objectives; • This, in turn calls for long term arrangements for all plants in order to guarantee the necessary level of capacity retention and of new capacity.
[en] Key messages: 1. Achieving 1.5°C requires an unprecedented transformation of the electricity sector; • On average, 3x nuclear and 30x solar/wind (or, deployment 50% and 650% above historical peaks). 2. Accelerating and scaling up nuclear power for 1.5°C appears to be feasible in terms of economic, resource and industrial capacity
[en] Engineering specific issues: • Equipment Specifications • Pre-installation Inspections and post installation inspections; • Non-conformances; • Foreign Material Exclusion; • Decision Making on critical path; • Returning Systems to service; • Making plan changes and the regulator.
[en] Examples of partnerships from IRENA: - Global Geothermal Alliance; - SIDS Lighthouses Initiative; - Open Solar Contracts; - Long-Term Energy Scenarios for the Clean Energy Transition; - Coalition for Action.
[en] Around 90% of electricity generation worldwide will need to be low carbon by 2050 to limit the increase in global average temperature to 1.5°C, based on the scenarios presented in the IPCC Special Report on Global Warming of 1.5°C. To achieve this share, deployment rates for nuclear power and other low carbon electricity generation technologies will need to increase significantly compared to peak historical levels. This paper explores the scale of this increase and the implied requirements for materials and industrial and economic capacity. While these factors are critical for achieving the low carbon power mixes described in the IPCC’s 1.5°C scenarios, additional requirements may include specialized supply chains, a skilled workforce and a conducive institutional, regulatory and financial environment. According to the IPCC’s Special Report on Global Warming of 1.5°C (SR15), an extensive and rapid transformation of the energy sector is necessary to avoid major and irreversible changes to the Earth’s climate. The electricity sector, in particular, will need to shift almost entirely to low carbon sources by 2050, as illustrated in the IPCC SR15 scenarios compatible with 1.5°C, which envision an average of around 90 percent of electricity from renewables and nuclear power (compared with around one third today). A key question is whether such a rapid ramp up in low carbon electricity generation is feasible, specifically whether sufficient material, economic, industrial, human, institutional, regulatory and financial capacity is available. (author)
[en] Public financing of the infrastructure: the State body builds, owns and operate the infrastructure (eg NPP). It may need to borrow on global sovereign markets to do this. The risks of lenders is the sovereign risk. The project finance (or Public Private Partnership, PPP) way: The NPP is RING FENCED in a single company. This company builds, owns and operate (BOO) the NPP under a concession contract with the State. Equity and debt providers are solely exposed to the NPP.
[en] The purpose of this paper is to present a comprehensive energy supply projection of the Syrian energy systems up to the year 2050, with emphasis on the electricity generation sector. The first step consisted of analysing national energy systems. The study will help to formulate and evaluate alternative energy supply strategies in light of pre-defined constraints such as limits on new investment, fuel availability, environmental regulations, and market penetration rates for new technologies.