Financing of decarbonization projects at the international level is a key consideration to move projects forward, identify focus areas and achieve solid plans to meet goals, particularly in the area of Climate Science and in response to the Climate Crisis.
Research experts on Berkeley Lab’s International Energy Analysis team focus on uncovering market and technical barriers and designing solutions - such as procurements and de-risking instruments - to accelerate financing for decarbonization projects across the entire energy system and focused on specific sectors, such as buildings, industry, transport, and power. They also utilize a range of techno-economic and economic analysis models and tools, to estimate costs, revenues, risks, and variabilities of decarbonization projects to support country policymakers with investment planning, decision-making, and investment mobilization.
As more and more countries develop and realign energy production, including wind and solar, financing is needed to enable success and provide a long-term vision. Financing clean energy transitions in emerging and developing nations is key, because the bulk of the growth in global emissions in coming decades is expected to come from emerging and developing economies as they grow, industrialize and urbanize.
We are at a strategic point with great opportunities to take advantage of lower-cost clean energy technologies, chiefly solar and wind power, to create and sustain a new low-emissions development model. The capital is available, help is needed to get it to emerging markets.
The International Energy Agency recently released a ground-breaking report examining the full spectrum of energy issues; ETA researchers build closely on this data to issue energy financing modeling and other reports.
In general, financing energy-efficiency projects is difficult, especially in developing nations, but critical if any gains are to be achieved due to Climate Change.
Dramatic cost reductions over the last decade in battery storage and wind and solar energy position India to leapfrog to a more sustainable system for delivering affordable and reliable power to serve near a doubling in electricity demand by 2030, according to a new study by researchers at the U.S. Department of Energy’s Lawrence Berkeley National Laboratory (Berkeley Lab).
Researchers from the Department of Energy’s Lawrence Berkeley National Laboratory (Berkeley Lab) and the University of California, Los Angeles published a new study that makes the case for prioritizing public policy to help move long-haul trucking from diesel to electric. Doing so will mean huge gains in addressing the climate crisis and avoiding premature deaths due to local vehicular pollution, which disproportionately affects communities of color.
Successfully implementing strategic policies in combination with technological innovation is the catalyst needed to decarbonize global industry by 2070, according to a new publication that includes a “blueprint for action”, written by a consortium of researchers including the Department of Energy’s Lawrence Berkeley National Laboratory (Berkeley Lab).
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