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Largest Latin American Wind Project Planned in Chile

2/29/2020

 
As reported by Wind Power Monthly, the Horizonte project in Chile's Atacama Desert would consist of 140 wind turbines with a total potential capacity of up to 980MW and is expected to generate around 2,000GWh of electricity annually.​ The project would be built on government land that has been set aside for renewable energy projects. Chilean energy company Colbun has applied for an environmental license to build the project.
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More U.S. States Commit to 100% Clean Energy

1/30/2020

 
Six U.S. states have passed laws committing to 100% renewable and/or zero-carbon electricity by 2050 or sooner:
  • California,
  • Hawaii, 
  • Maine,
  • New Mexico, 
  • New York, and
  • Washington state. 

Puerto Rico and Washington, D.C., have also made 100% clean energy commitments. Building on this momentum, Environment America and other advocacy groups are now calling on 15 more states to commit to 100% clean electricity. 
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Climate and Clean Energy Updates from COP25: Progress Continues Despite US Withdrawal

12/29/2019

 
Despite the announced withdrawal by the Trump Administration of the United States from the Paris Agreement, climate and clean energy progress continues across the Americas. The following are some of the significant announcements by national and sub-national governments at the United Nations Climate Change Conference (COP 25) held in December 2019 in Madrid, Spain.

America's Pledge, a coalition of U.S. states, cities, businesses, communities of faith, universities, health care and cultural institutions, and other organizations confirmed their commitment to fulfill America’s climate pledge to the world. The latest America's Pledge report, released on December 9, 2019, projects two emissions reductions scenarios based on city, state, business, and federal adoption of ambitious climate action policies:
  • Bottom-Up: The first scenario involves a coalition of states, cities, and businesses deploying aggressive best-practice climate policies informed by the ongoing action of current climate leaders. This is projected to reduce emissions 37 percent below 2005 levels by 2030.
  • All-In: The second scenario involves a reengaged federal government layering aggressive, post-2020 climate action onto the bottom-up efforts outlined in scenario one. This would put the U.S. on track to reduce emissions 49 percent below 2005 levels by 2030, in line with the Paris Agreement, and lay the foundation for a net-zero emissions economy by 2050.

Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, Guatemala, Haiti, Honduras, Paraguay and Peru officially declared their commitment to a collective regional objective of 70 percent of renewable energy by 2030. The target was originally announced in November in Peru and will increase renewable energy generation from the current level of 56 percent, with a focus on non-conventional renewable energies. OLADE, the Latin American Energy Organization, will coordinate the initiative and provide data and a platform for countries to develop a work plan to implement the target. (OLADE 12/10/2019) [reprinted from NRDC Latin America Green News]

Twelve renewable energy associations from Argentina, Chile, Colombia, Ecuador, Mexico, Peru, Uruguay and Spain signed an agreement to work together to promote renewable energy as a climate change mitigation solution. As part of the Ibero-american Renewable Energy Alliance, the 12 associations will work to replace fossil fuels, build “respectful, harmonious and constructive relations with communities in the areas where projects are developed," and support competition. ACERA, the Chilean Renewable Energy Association, has assumed the General Coordination of the alliance for one year, with the option of re-election for an additional consecutive period. (Revista Electricidad 12/10/2019) [reprinted from NRDC Latin America Green News]  

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​Photo: United Nations Climate Change - COP25, https://unfccc.int/cop25

Renewables in Cities: New REN21 Report Released

11/30/2019

 
We are pleased to share the new Renewables in Cities 2019 Global Status Report, which was released this week by the Renewable Energy Policy Network for the 21st Century (REN21). This report provides an overview of cities’ contributions to the global renewable energy transition. 

Cities play a key role in accelerating clean energy deployment because they account for 55% of the world’s population, 75% of global carbon dioxide emissions, and 2/3 of global energy demand.
  • Read the full report to learn about renewable energy trends and markets, energy access, policies, and investments in cities.
  • Visit REN21's Cities webpage for more on select cities featured in the report and to sign up to get involved in the 2020 edition of the cities report.

​The Renewables in Cities 2019 Global Status Report was produced in collaboration with a global network of research partners. More than 300 volunteers from REN21's international network, including the InterAmerican Clean Energy Institute, contributed to the report. 

REN21 is a global network of renewable energy stakeholders from science, government, NGOs, and industry working to advance the clean energy transition. REN21 publishes the annual Renewables Global Status Report series to provide the public and decision-makers with current and actionable information on renewable energy data, markets, technologies, and trends. All reports are available online, free-of-charge.

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Colombia Hosts Regional Workshop on Accelerating Renewable Energy Investments in Latin America

10/31/2019

 
In September 2019, the International Renewable Energy Agency (IRENA), in collaboration with Colombia's Ministry of Mines and Energy held a regional workshop in Bogota, Colombia "to explore the current renewable energy policy landscape in Latin America, the growing role of public and private financing for renewables, and the available project facilitation tools for countries in the region." 
Presentation and discussion topics included:

  • Renewable energy regional action plan for Latin America;
  • Policy and regulatory design to promote renewable energy investment;
  • Renewable energy risk mitigation;
  • PPA design and documentation standardization; and
  • Supporting entrepreneurship for decentralized energy solutions.

A summary of the workshop and copies of presentations are available here.
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Photo credit: IRENA

Colombia and Chile Announce Electric Vehicle Programs

9/30/2019

 
Colombia and Chile recently announced electric vehicle programs. The following updates are from NRDC's Latin America Green News.*

  • President Ivan Duque presented Colombia’s new National Electric and Sustainable Mobility Strategy, noting the plan will bring about a “revolution” in the country’s vehicle fleet. Under the new plan, Colombia aims to have 600,000 electric vehicles in circulation by 2030. The strategy calls for financial incentives such as an import tariff exemption for electric vehicles, a 10 percent reduction in insurance premiums for obligatory accident coverage, and lower vehicle inspection fees. In addition, 20 rapid charging stations will be installed in Bogota and a minimum of five will be installed in the country’s other large municipalities.  Duque recently signed Law 164 which sets the goal of having public transport systems purchase 100% EV or zero emission vehicles by 2035. (El Diario 08/28/2019; MinAmbiente 08/28/2019)
 
  • Meanwhile, in Chile, the Ministry of Energy and the Sustainable Energy Agency launched a pilot project to promote electromobility in private companies. Five companies from the mining, delivery, insurance, financial and forestry sectors will participate in the pilot initiative to test technologies. The information and experience generated during the pilot will then be shared with others to help expand the use of electric vehicles to new market players. In this first stage, the participating companies are Codelco, Chilexpress, Seguros Sura, BCI Bank and CMPC Forestry and Paper Company.(PV Magazine 08/28/2019)

* Latin America Green News is a selection of weekly news highlights about environmental and energy issues in Latin America. It is prepared by the Natural Resources Defense Council's (NRDC) Latin America Project. For a free email subscription, please sign up here. 

Salvador de Bahia Hosts Latin America and Caribbean Climate Week

8/20/2019

 
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Latin America and Caribbean Climate Week 2019 (LACCW) is underway in the City of Salvador da Bahía, Brazil.

​With representatives from all LAC countries attending, the agenda focuses on local strategies for addressing climate change in the region, including: energy transition; industry transition; infrastructure, cities and local governments; and nature-based solutions.
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Participants include ministers of Brazil and other countries in the region, the Mayor of Salvador, local authorities, regional leaders from public and private sectors, civil society and UN officials.

According to the UN Climate announcement: "To boost ambition and accelerate the implementation of the Paris Agreement and the 2030 Agenda for Sustainable Development, the results of the LACCW will feed into the outcome of the Climate Action Summit organized by the UN Secretary-General on 23 September in New York. The LACCW will be the occasion to discuss challenges and opportunities for climate action from a Latin American and Caribbean perspective. It will offer the opportunity to key actors in the region from across sectors to convene, learn and exchange knowledge and best practices, to assess, jointly plan and create new climate action initiatives."

Governments are currently working on updating their national climate plans (known as Nationally Determined Contributions or NDCs) in an effort to meet the goals of the Paris Climate Change Agreement of limiting global average temperature rise to 1.5 degrees Celsius and achieving carbon neutrality by 2050.

The next intergovernmental climate change conference, known as COP 25, will take place in Santiago, Chile from December 2 to 13, 2019.

Relevant Links:
  • Regional Climate Week (LACCW, August 19-23, 2019))
  • Latin America & Caribbean Climate Week Set to Boost Climate Ambition
  • Regional Climate Weeks to Build Momentum Towards UN Climate Summit​
  • Climate Action Summit - New York (September 23, 2019)
  • COP25 Chile 2019 (December 2-13, 2019)

Renewable Electricity Surpasses Coal in the U.S.

7/30/2019

 
In a major milestone for the clean energy transition, renewable energy sources have for the first time exceeded coal both in generation and capacity in the U.S. electricity sector. 

Renewables Generate More Electricity Than Coal 
The U.S. Energy Information Administration (EIA) reports that: "In April 2019, U.S. monthly electricity generation from renewable sources exceeded coal-fired generation for the first time based on data in EIA’s Electric Power Monthly. Renewable sources provided 23% of total electricity generation to coal’s 20%. This outcome reflects both seasonal factors as well as long-term increases in renewable generation and decreases in coal generation. EIA includes utility-scale hydropower, wind, solar, geothermal, and biomass in its definition of renewable electricity generation." 
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Renewable Power Capacity Also Exceeds Coal
The trend towards renewables is also reflected in installed power generation capacity statistics published by the Federal Electricity Regulatory Commission (FERC). FERC's April 2019 Energy Infrastructure Update reports that coal accounted for 21.55% of total US installed capacity, while renewables accounted for 21.56%. ​
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Source: FERC  Energy Infrastructure Update (April 2019)
Long Term Trends
Despite the shift away from coal, the U.S. is still dependent on fossil fuels for electricity generation, with natural gas accounting for 44.44% of generation capacity. In addition, the EIA forecasts that coal will generate more electricity than renewables on an average annual basis in 2019 and 2020. However, both EIA and FERC statistics only report data for utility-scale facilities, which do not reflect the contribution of distributed small-scale renewables, such as the millions of roof-top solar systems that account for approximately 30% of the nation's electrical generation by solar. Projected capacity additions indicate that renewables capacity will grow at a faster rate than fossil fuel capacity, such that renewables will likely supply the largest share of US electricity supply within a few years. ​

Renewables 2019 Global Status Report Released

6/30/2019

 
An increasing number of countries are generating more than 20% of their electricity with solar PV and wind, according to the latest Renewables 2019 Global Status Report, a comprehensive annual overview of the state of renewable energy globally. However, the heating, cooling and transport sectors are still heavily reliant on fossil fuels, which are highly subsidized in many countries. As detailed in the report, robust policy and regulatory frameworks are needed to create conditions that allow renewable energy to compete with more expensive and carbon-emitting fuels. 
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Chile to Issue Green Bonds; Investors Commit $700 Million to New Clean Energy Infrastructure Fund

5/31/2019

 
This month saw two major announcements relating to investment in clean energy infrastructure in Latin America:

- Chile announced plans to issue Latin America’s first sovereign green bond with the goal of raising up to $1.5 billion to support eligible green projects in six sectors: clean transportation, energy efficiency, renewable energy, living natural resources, land use and marine protected areas, water management and green buildings.

- Copenhagen Infrastructure Partners announced that it had raised $700 million in the first closing of a new fund focused on renewable energy infrastructure in Asia and Latin America. The fund is expected to raise a total of $1 billion and will target investments in offshore and onshore wind, solar PV, biomass and waste-to-energy and transmission grid systems among others.

As of 2018, Brazil, Mexico, and Chile are the top countries receiving cross-border clean energy investment in Latin America. 

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