Private sector - Energy

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While decarbonisation is the main objective of the RES4BUILD integrated energy solutions, decoupling from fossil fuels contributes to security of supply, and using on-site generated electricity contributes to affordability, moving away from heavily fluctuating market prices. A report has indicated the technical potential of these integrated energy systems in the European market,

A good practice assssment performed by the EU funded RES4BUILD project reveals that accelerating the uptake of Integrated Energy Solutions (IES) increasingly requires consideration of financial and social innovation to address non-technological barriers.

Maintaining indoor comfort in buildings accounts for more than 30% of total energy use worldwide – smart control of building energy use can contribute greatly towards energy sustainability goals. This is an important part of the RES4BUILD project which is looking at renewables for clean energy buildings in a future power system.

Economic growth has been a priority for the European Union (EU) since its creation. The Paris Agreement targets will not be reached by technological and policy measures alone, businesses need to contribute and commit to the decarbonisation journey. The Business Guide calls to policymakers and businesses to move decarbonisation strategies from words to reality.

No business model is the same for CSP due to the complexity of projects in terms of engaged actors across the different stages. MUSTEC project team investigated the CSP industry to identify the existing business models and found that the CSP industry has been forced to adjust its original business models. This post further discusses risks and barriers for the CSP industry but also financing opportunities.

GHG emissions need to be reduced practically to zero by 2050. However, there are currently numerous coal-fired power stations around the world at different stages of construction, and if built and become active, their expected future emissions will make it difficult to reach the targets in the Paris Agreement. Carbon Capture and Storage could reduce future emissions, but its future availability is still highly uncertain.