ees 2019
16 October 2018 2018 11:13 AM GMT

InnoEnergy, Deloitte: Smog Reduction Can Save European Citizens €183bn By 2025

Radical new research launched by InnoEnergy, Europe’s sustainable energy engine supported by the EIT, reveals that EU citizens are set to pocket €183bn by adopting innovative smog-reduction technologies over the next seven years.

The report, entitled Clean Air Challenge and produced in conjunction with Deloitte, comes in response to the European Commission’s findings that smog may account for as many as 1 in every 10 premature deaths in the world, and will cost the EU an astonishing €475bn between 2018 and 2025. That represents 2.9 per cent of average annual GDP.

Launched at an exclusive event with leading politicians and policymakers in Brussels, the report takes an in-depth look at the issue of air quality across the continent – highlighting concrete, innovative transport and heating solutions to protect European citizens from pollution and its impact on health.

Speaking at the event, Jerzy Buzek, Chair of the European Parliament Industry, Research and Energy Committee and former President of the European Parliament, says: “Smog is one of the most critical public health concerns of the century, accounting for as many as one in every ten premature deaths in the world – and over 400,000 premature deaths in Europe every year.

“The Clean Air Challenge report offers practical solutions that could help improve our citizens’ health and that could benefit the whole society. We must start implementing it throughout the EU without any delay.”

Diego Pavia, CEO at InnoEnergy, said: “It is shocking that in this day and age, smog should still pose such a risk to the health of our communities. Putting the huge economic cost to one side, there is no reason, with the technology that is becoming available to us, that citizens should not be able to breathe clean air.

“At InnoEnergy, we like to tackle problems head-on and this is no exception. Not only are we making available further research to better understand the issue and identify practical solutions, but we are also actively seeking opportunities to offer investment and wider support to ambitious businesses with passion and a plan to put a stop to smog.”

Irena Pichola, Partner, Leader of Sustainability Consulting Central Europe at Deloitte, said: “We must not forget that poor air quality affects people differently. For instance, there are huge regional variances in the causes and effects of smog, with most Western European smog coming from transportation, while heating produces the most pollution in the East.

“But, as mentioned in the report, wherever you look, the young are among the most affected. With an increase of 100 units of PM comes a reduction of average life expectancy of around 2.3 years among children by age 5. We are proud to work with InnoEnergy to look for solutions to an issue of such profound importance.”

InnoEnergy is the innovation engine for sustainable energy across Europe supported by the EIT.  It supports and invests in innovation at every stage of the journey – from classroom to end-customer. With its network of partners, it builds connections across Europe, bringing together inventors and industry, graduates and employers, researchers and entrepreneurs, businesses and markets.

It works in three essential areas of the innovation mix. Firstly, Education to help create an informed and ambitious workforce that understands the demands of sustainability and the needs of industry. Secondly, Innovation Projects to bring together ideas, inventors and industry to create commercially attractive technologies that deliver real results to customers. Thirdly, Business Creation Services to support entrepreneurs and start-ups who are expanding Europe’s energy ecosystem with their innovative offerings.

Bringing these disciplines together maximises the impact of each, accelerates the development of market-ready solutions, and creates a fertile environment in which the organisation can sell the innovative results of its work. InnoEnergy was established in 2010 and is supported by the European Institute of Innovation and Technology (EIT).

November 9th 2018
US: EIA Data Shows Renewables Outpacing Nuclear Power In Electrical Generation

The latest data from the U.S. Energy Information Administration (EIA) is showing that electrical generation by renewable sources has edged past nuclear power. Additionally, wind and solar now provide 10% of the nation’s electricity, overall; with solar alone surpassing biomass and geothermal combined. Significantly, solar now triples electrical generation by oil. In addition, the data reveals that solar and wind both showed strong growth with solar (i.e., utility-scale + distributed PV) expanding by 27.6% and wind by 11.2%. Combined, they accounted for nearly a tenth of the nation’s electrical generation.

November 2nd 2018
Ingeteam’s Indian Wind Converter Factory Achieves DNV GL Certification First

Ingeteam has announced that it received DNV GL’s “Shop Approval in Renewable Energy” certification for the wind converter manufacturing facility recently established by the company in the Tamil Nadu region. Its new facility is the first-ever wind converter factory to receive such a certification in India. DNV GL’s Shop Approval is awarded upon successful completion of a comprehensive audit and enables Ingeteam to simplify the scope of subsequent quality inspections. This next level certification guarantees that a workshop operates within a high-standard manufacturing environment and that adequate working procedures and methods are consistently deployed by qualified staff.

November 8th 2018
Macquarie Capital Reach Financial Closure On Largest PPP Project In Netherlands

Ahead of speaking at the 17th annual Benelux Infrastructure Forum next month in Amsterdam, Macquarie Capital, Ballast Nedam, and DEME have recently announced that they’ve reached financial closure on the largest PPP project ever awarded in the Netherlands. The €1 billion Blankenburg Connection PPP project, which involves the construction of an immersed tunnel under the Rotterdam port waterway, a land tunnel and two junctions, aims to improve road links between Rotterdam and its port. This further establishes the Benelux PPP market as one of the most active and important regions for global infrastructure projects business.

October 21st 2018
Europe: Investment In Ports Infrastructure Can Cut Offshore Wind Costs by 5.3%

European ports are set to take on an expanded role in the offshore wind supply chain. By 2030 Europe is expected to have installed 70 GW of offshore wind. This means there will be more than 10,000 turbines in the water. This is equivalent to a build-out rate of 6 GW per year, 20% of which will be repowering existing sites with brand new turbines. Investments of €0.5-€1bn in new port infrastructure could help the offshore wind sector to cut costs by up to 5.3%, according to figures released recently, by the WindEurope Ports Platform in Hamburg.

October 20th 2018
IRENA: Innovation Front and Centre, As Leaders Shape the Future Energy System

Participants from more than 80 countries explored the disruptive innovations in digitalisation and decentralisation that are transforming energy systems around the world. Remarkable cost reductions driven by technological innovation and an increasingly conducive policy environment have made renewable energy increasingly competitive with conventional fuels in many parts of the world. In parallel, innovations such as the Internet of Things, blockchain, artificial intelligence, smart charging of electric vehicles, and hydrogen power and storage are making energy systems increasingly integrated and flexible and are supporting the transition to a renewable-powered future.

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