{"id":86167,"date":"2024-08-20T00:00:00","date_gmt":"2024-08-20T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2024\/08\/20\/today-oman-kicks-off-production-at-its-first-solar-panel-production-facility\/"},"modified":"2024-08-20T00:00:00","modified_gmt":"2024-08-20T00:00:00","slug":"today-oman-kicks-off-production-at-its-first-solar-panel-production-facility","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2024\/08\/20\/today-oman-kicks-off-production-at-its-first-solar-panel-production-facility\/","title":{"rendered":"TODAY: Oman kicks off production at its first solar panel production facility"},"content":{"rendered":"

Good morning, everyone. <\/strong>The news cycle has slowed down significantly, giving us a quiet morning today with a few updates from Saudi Arabia, Oman, and Kuwait. Let\u2019s dive right in.<\/p>\n

THE BIG CLIMATE STORY OUTSIDE THE REGION- <\/strong>Tropical <\/strong>Storm Ernesto has intensified <\/strong>into a hurricane level once again as it moves away from Bermuda<\/strong>, heading further into the Atlantic. With maximum sustained winds of 120 km\/h, Ernesto is generating powerful swells affecting the Bahamas, Bermuda and that have marched up the eastern seaboard of the United States as well as Atlantic Canada. <\/p>\n

The storm was expected to pass near southeastern Newfoundland by late Monday<\/strong> or early Tuesday before weakening into a post-tropical cyclone.<\/p>\n

Why it matters: Hurricanes are becoming more intense \u2014 thanks to climate change. <\/strong>Forecasters have consistently warned<\/a> of the role of climate change in making storms like Ernesto more powerful. While there is no evidence that climate change is increasing the frequency of hurricanes, researchers have shown that it making it more likely we\u2019ll see storms with stronger winds and heavier rainfall.<\/p>\n

The story made headlines in the international press:<\/strong> AP<\/a> | Reuters<\/a> | BBC<\/a> | The Guardian<\/a> | The NewYork Times<\/a> | CBS<\/a> | ABC<\/a> | NBC<\/a>.<\/p>\n

HAPPENING TODAY-<\/p>\n

The <\/strong>World ESG Summit<\/a><\/strong> gets underway this morning in Dubai. <\/strong>The summit will gather experts and industry leaders to explore new ways to integrate environmental, social, and governance principles into business practices. It wraps up tomorrow. <\/p>\n

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WATCH THIS SPACE-<\/p>\n

<\/a> #1-<\/strong> Dewa issues tender for 2.5 MW electrolyser project:<\/strong> Dubai Electricity and Water Authority (Dewa) has issued a tender (pdf)<\/a> for the design, supply, installation, and commissioning of a 2.5 MW alkaline electrolyser project. The deadline for tender submissions is 18 September of this year, but the project\u2019s timeline and expected value of the project were not made public. <\/p>\n

It\u2019s not Dewa\u2019s first electrolyzer: <\/strong>Dewa \u2014 in partnership with Siemens Energy \u2014 inaugurated<\/a>a 1.25 MW<\/a> solar-powered polymer electrolyte membrane (PEM) electrolyser in the UAE in 2021 to produce green hydrogen at a rate of 20 kg per hour. The solar energy used for the project \u2014 the first first solar-driven green hydrogen facility in our region \u2014 originates in Mohammed bin Rashid Al Maktoum Solar Park. The UAE is using the green hydrogen from the plant to power its first green fuel station<\/a> for hydrogen-powered vehicles developed in partnership with the Emirates National Oil Company Group and Al-Futtaim Toyota last year<\/a>.<\/p>\n

SOUND SMART- PEM vs alkaline electrolyzers: <\/strong>PEM a common type<\/a> of electrolyser tech used for hydrogen production, despite being more expensive than alkaline electrolyzers, which do not require rare metals to operate. That\u2019s because PEM tech has a faster response to fluctuations in production and can start up immediately, unlike alkaline electrolysers which take around 20 minutes to start up. <\/p>\n

How do you choose between them? <\/strong>Alkaline electrolyzers dominate the market by total capacity installed \u2014 they cost less and have proven track records at larger-scale hydrogen facilities. But PEM electrolyzers are becoming more common in scenarios where fast response times and grid flexibility are crucial.<\/p>\n

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<\/a> #2- Egypt becomes member of global fund for financing biodiversity <\/strong>projects: <\/strong>Egypt\u2019s Minister of Environment, Yasmine Fouad, has been selected as a member of the Executive Board of the Global Biodiversity Framework Fund<\/a> (GBFF), according to a statement<\/a>. Egypt was one of 15 developing countries invited to join the board, which stands as the decision-making body and manager of the fund. The decision came on the sidelines of the minister\u2019s visit<\/a> to Canada to prepare for the next round of talks on the COP16 to the Convention on Biological Diversity<\/a>, which is scheduled to get underway in Colombia from October 21 to November 1. <\/p>\n

About the fund: <\/strong>GBFF was established during COP15\u2019s Convention on Biological Diversity. The fund \u2014 which received an initial grant of CNY 1.5 bn (USD 220 mn) from China \u2014 aims to finance the implementation of the Kunming-Montreal Global Biodiversity Framework. <\/p>\n

REMEMBER- <\/strong>196 countries signed the Kunming-Montreal Global Biodiversity Framework in<\/a>2022<\/a>, committing to protect 30% of the planet\u2019s oceans and lands by 2030 in a landmark agreement back in 2022 due to global warming\u2019s impact on at least 10.96k species.<\/p>\n

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<\/a> #3- A growing number of clean fuel startups are struggling to stay afloat<\/strong>, the Wall<\/a>Street Journal<\/a> writes. The companies were once hailed as the future of sustainable energy, but many are struggling amid high interest rates, supply-chain disruptions, and expensive power-grid upgrades that have driven up electricity prices, making it difficult for these startups to raise funds and meet project timelines. Companies like US-based Plug Power<\/a>, which recently opened one of the first green hydrogen plants in the US, have seen their stock prices plummet.<\/p>\n

A clean fuel exodus? Or a natural market shakeup?<\/strong> Several high-profile ventures have collapsed, including a company backed by United Airlines, which aimed to convert trash into jet fuel, and another that's supported by Airbus, JetBlue, and GE Aerospace, which was developing hydrogen fuel for planes, WSJ adds. Major oil companies like Chevron, BP, and Shell are scaling back<\/a> their biofuel projects due to similar financial pressures. The delays in government tax credits have further exacerbated the situation.<\/p>\n

Cleantech for aviation and shipping also faces significant challenges.<\/strong> Shipping giant Maersk has opted to order new ships that run on liquefied natural gas and bunker fuel, citing uncertainties in green fuel development. Air New Zealand has also withdrawn<\/a> its 2030 emissions target due to the limited availability of alternative jet fuels.<\/p>\n

But some remain optimistic: <\/strong>Clean fuel startup LanzaJet<\/a>, backed by Shell, Southwest Airlines, and Microsoft, is set to start production at a sustainable aviation fuel plant in Georgia, though construction costs were higher than expected, the news outlet notes. US\u2019 Cemvita<\/a>Factory<\/a>, which uses microbes to produce fuel feedstocks, is focusing on generating cash to survive the current market conditions.<\/p>\n

\n

WORTH READING- <\/p>\n

We\u2019re not doing enough to fight climate change in our part of the world:<\/strong> The Middle East needs to implement more climate resilient solutions \u2014 including expanding renewables, improving water use efficiency, and optimizing agricultural practices \u2014 to avoid the \u201cshattering effects\u201d of climate change, according to a report (pdf)<\/a> by Al Attiyah Foundation<\/a>. The report outlines how the region is especially vulnerable to climate change due to its arid climate and temperature increases higher than the global average. In turn, crop yields are expected to reduce up to 30% by mid century. Decentralized renewable energy systems are highlighted as a promising means of increasing resilience to extreme weather, along with desalination and wastewater treatment to address water insecurity. <\/p>\n

Read more about climate resilience measures MENA can take in our <\/strong>detailed report<\/a><\/strong>. <\/strong><\/p>\n

DANGER ZONE- <\/p>\n

US data center water consumption skyrockets as AI use increases: <\/strong>The US\u2019 \u201cdata centre valley\u201d in Virginia \u2014 the world\u2019s largest concentration of data centers \u2014 has had its water consumption increase by almost 66% since 2019, reaching 7 bn liters, according to the Financial Times<\/a>. Data centers\u2019 rapidly increasing demand for water \u2014 which is getting more scarce globally as a result of climate change-induced droughts \u2014 is predicted to continue as Big Tech invests USD bns into data centers looking to integrate power and water-intensive AI tech.<\/p>\n

What\u2019s the water being used for? <\/strong>Data centers use water to cool down computing equipment and for fuel and power generation. Google\u2019s water consumption for example rose 14% in 2023 which it primarily attributed to \u201cwater cooling needs at our data centers,\u201d while Amazon recently had a permit approved for the transfer of 1.4 bn gallons of water.<\/p>\n

Water-stressed areas aren\u2019t off limits: <\/strong>Several computing centers are located in water stressed areas like Virginia. Microsoft said 42% of its water came from \u201careas with water stress\u201d in 2023 and Google said 15% of its freshwater cae from areas with \u201chigh water scarcity.\u201d Virginia has been breaking records with its recent dry spells, including in the four counties where data center valley is located. <\/p>\n

Big Tech is listening:<\/strong> Microsoft said it will reduce its water usage for cooling, pledging that from August, \u201cnew data centers we design for Virginia will use zero-water cooling technologies.\u201d Amazon also said its data centers would be \u201cwater positive\u201d by 2030. <\/p>\n

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CIRCLE YOUR CALENDAR- <\/strong><\/p>\n

Turkey will host the <\/strong>International Conference on Clean and Green Energy Engineering<\/a><\/strong> from Saturday, 24 August <\/strong>to Monday, 26 August in Izmir. The event will gather researchers and professionals to share advances in clean energy. It will also offer a platform to discuss the latest research, practices, and applications in clean and green energy engineering.<\/p>\n

The UAE will host the <\/strong>World Utilities Congress<\/a><\/strong> from Monday, 16 September <\/strong>to Wednesday, 18 September in Abu Dhabi. The event will gather global energy leaders, policymakers, and other industry professionals from the power and water utilities value chain to discuss industry trends and challenges.<\/p>\n

Saudi Arabia will host the <\/strong>EV Auto Show<\/a><\/strong> from Tuesday, 17 September to Thursday, 19 <\/strong>September<\/strong> in Riyadh. The show offers a platform for participants to learn about the latest EV technologies and services. <\/p>\n

Check out our full calendar on the web<\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p>\n","protected":false},"excerpt":{"rendered":"

Plus: EVM + RCF partner to attract investment for Yanbu lithium 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