More and more oil and gas companies invest in clean energy. We show you the upward trend of clean energy investments and discuss the case of Royal Dutch Shell and Total Energies. The Dutch court in Den Haag has ordered oil giant Shell to cut its carbon emissions by 45 percent by 2030. Total becomes TotalEnergies by reinventing itself to face the climate challenges.
The German Climate Protection Act (Klimaschutzgesetz) as of 2020 was updated in July 2021. German government has adopted vital regulations and measures for climate change mitigation. Now the German greenhouse gas emissions must be reduced by 65% until 2030 instead of the originally planned 55%. Also, the federal government is planning to increasing the number of installed renewable energy assets and want to reach zero carbon emissions in 2045.
In the RE Policy and Sustainability section we focus on corporate Sustainability and the Taxonomy of sustainable activities. We also report on current developments regarding Environmental, Social and Corporate Governance of corporates and the increasing link to capital markets.
In the PPA Market section, we focus on PPAs as an instrument for Scope 2 reduction and the global development of PPA transaction activities. PPAs, or power purchase agreements, are direct contracts between the buyer and developer of renewable energy. We further present the perspectives of market participants and discuss potential electricity price developments.
In the Stakeholder News section, we present case studies and recent news of our stakeholders, the buy-side and the sell-side of renewable energy. This news can help to draw conclusions regarding best practices and commercial effects on different instruments of sourcing renewable energy (e.g. power purchase agreements and direct investments).
In the Country Bullet-in a specific country is presented with regards to climate goals and the existing regulations related to the expansion of renewable energies.