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Germany’s climate targets ‘depend on
investment in grids’
A study by RWTH Aachen University and Frontier
Economics has quantified the economic value
of Germany’s energy networks. The study was
carried out on behalf of E.ON. If Germany wants
to achieve its climate protection goals and make
the energy transition a success, concludes the
study, electricity distribution networks must be
expanded and modernised. Without corresponding
grid investments, follow-up costs of up to €4.2
billion per year up to 2050 will arise in the coming
decades. According to the study, investments
totalling over €110 billion will be required by 2050.
E.ON says it has already connected around 800
000 renewable energy plants with a capacity of
77 gigawatt to its networks in Germany. That is China's first phase-change type carbon
around two thirds of all renewable energy plants capture device successfully put into
in Germany. To ensure that decentralised green operation
electricity continues to reach customers reliably in On November 30, the media reported that
the future, E.ON will invest around €6.6 billion in China's first 1,000-ton/year phase-change type
its energy networks in Germany over the next three carbon dioxide capture device, independently
years. (Source: ModernPowerSystems) developed by China Huaneng Group Clean Energy
12 Technology Research Institute Co., Ltd., had
Canada to legislate 2050 net-zero successfully achieved 72 hours of continuous
emissions target stable operation at Huaneng Changchun Thermal
Canada’s federal government plans to legislate a Power Plant. The successful operation of this
net-zero emissions target by 2050, making the device is not only an important reference for
target binding on future governments. For the the subsequent development and engineering
chemical industry, the legislation presents an application of phase-change type capture
opportunity, rather than a threat. The “Canadian technology in China but also provides new
Net-Zero Emissions Accountability Act” will: technical support for carbon emission reduction
Legally bind the government to a process to and “carbon neutral” of power plants. It is reported
achieve net-zero emissions by 2050; Set rolling that in the composition of carbon capture and
five-year emissions-reduction targets and require sequestration cost, the capture link accounts for
plans to reach each one and report on progress; 80%, mainly due to the high energy consumption
Require the government to publish an annual of heating and regeneration of traditional organic
report describing how departments and crown alcohol amine chemical absorbers. The phase-
corporations are considering the financial risks change type carbon capture technology adopted
and opportunities of climate change in their this time, with its new phase change absorber, will
decision-making; Enshrine greater accountability automatically achieve stratification after absorbing
and public transparency into Canada’s plan CO 2 , and only the CO 2 -rich part needs to be heated
for meeting net-zero emissions by 2050; during regeneration, which can effectively reduce
Provide for independent third-party review by the regeneration energy consumption level.
Canada's Commissioner of the Environment and Research data shows that the phase-change type
Sustainable Development to ensure accountability CO 2 capture technology can capture up to 90%
for all future governments; Establish a "Net-Zero of CO 2 in flue gas, and the regeneration energy
Advisory Body" to provide independent advice to consumption is more than 45% lower than the
the government on the best pathway to reach its traditional method, with significant social and
targets. (Source: ICIS) economic benefits. (Source: Energy Observer)
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