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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)


            Global Energy Interconnection Information                                                                                                                                             Global Energy Interconnection Information
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