Black Hills Energy’s Post

Insurance is essential for the renewable energy sector. Managing risks and protecting investments keeps projects on track and secures cash flow, supporting the industry's push toward ambitious clean energy goals. Let’s connect if you'd like to discuss further! #RenewableEnergy

In 2023, CO2 emissions from the U.S. power sector fell by approximately 8%, driven by a shift from coal to natural gas and renewable energy sources.   On PBS’ Energy Switch, Congressman Tim Ryan highlights natural gas as a pivotal tool for reducing carbon emissions domestically and globally, while enabling the expansion of renewable energy. He also emphasizes the importance of bipartisan collaboration in Washington to develop a balanced energy policy—one that lowers emissions while ensuring energy remains reliable and affordable for all consumers.   Catch his full insightful conversation with Scott W. Tinker, PhD of Switch Energy Alliance here: https://lnkd.in/dBP9D5eJ

The Green Energy Auction Program (GEAP) is a government initiative aimed at increasing the share of renewable energy (RE) in the Philippines’ power generation mix to 35% by 2030, up from the current 22% in 2023. In July 2024, Department of Energy (DOE) announced that two green energy auctions would take place in the latter part of 2024, offering around 11,000 megawatts (MW) of renewable energy capacity. The third auction (GEA-3) will focus on 3,000 MW, targeting geothermal, impounding hydro, and pumped-storage hydro projects. Meanwhile, the fourth auction (GEA-4) may include 8,200 MW. As for the industrial economic zones energy demands of its manufacturer locators, PEZA said it approved 179 projects amounting to P115.887 billion from January to September in 2024. This is higher than the P111.207 billion worth of investments cleared in the same period last year 2023. For the month of September alone in 2024, the PEZA approved 16 new (sixteen) and expansion projects expected to bring in P54.192 billion in investments, 285.87% (percent) higher than the P14.044 billion investments in the same month in 2023. The approved investments in September are expected to generate $541.04 million in exports and provide 4,044 new jobs for Filipinos. Of the 16 projects approved in September, eight are focused on export manufacturing, 5 (five) are in the information technology business process management sector, 1 (one) in facilities development, 1 (one) dedicated to ecozone logistics services and 1 (one) in ecozone development. The approved projects are expected to generate $2.513 billion in exports and create 35,871 direct jobs. There are three (3) Major Economic Indicators for the Philippines🇵🇭 in 2024. 1. The Philippines allows 100% foreign ownership of businesses in the manufacturing sectors. 2. With the Philippines🇵🇭 very young labor workforce population and an average median age of 25 years old, which is even five years younger compared to the ASEAN median age that averages at 30 years old, the country have a bigger economic potential! 3. The Philippines has a population of over 117 million Filipinos at the end 2023, making it the 13th. most populous country in the world. The Philippines🇵🇭 population in 2023 was 117,337,368 million Filipinos. Last Philippines population in 2022 was about 115,559,009 million. The forecast for the Philippines total population may reach 125 million Filipinos by the end of 2028. Explore opportunities in the Philippines🇵🇭 Real Estate Business Services, contact: 09189632426 - VIBER Medardo Billedo Borce🇵🇭 #PartnerInthePhilippines #BrighterPossibilities #PhilippineEconomy #Philippines2024 #lacamara #SpanishChamber #SpanishChamberofCommerce #SpanishChamberofCommercePhilippines #LaCamaraEvents #SmartCities #InnovationInInfrastructure #Philippines #Switzerland #SwissChamPhilippines #WorkingTogetherToStrengthenEconomies

We were thrilled so many leaders from across the #renewable energy industry joined us at Tate Modern. We talked all things energy, battery storage, and how insurance plays a critical role getting projects off the ground. If you think Lockton could help to safely deliver your energy pipeline or projects, let's talk!

Now is the time to be having conversations on renewable energy and the various supply chains necessary to facilitate the projected growth over the next few years. Learn more here: https://lnkd.in/eV-wkpAx ✳️ Retool'24 on June 11th is the perfect time to learn how your company can manage energy challenges: https://lnkd.in/eDkFUYBV

Today, our Shared Ownership manager Mark Brennan, spoke at Regen’s webinar on accelerating shared ownership for a fast and fair clean power transition. Drawing on our experience delivering the Community and Renewable Energy Scheme (CARES) on behalf of the Scottish Government, we shared valuable insights for GB Energy on how to empower communities to embrace shared ownership opportunities. With many communities facing capacity challenges, we stressed the impact of wrap around advice and support to enable communities to participate in shared ownership of energy project. For more on how we support community energy projects, read our briefing: https://lnkd.in/d_p5dNty

Renew your love for #cleanenergy with the Renewable Energy Resource Hub! Find answers to your renewable energy questions, explore the basics, and access strategies for implementation - dive in: https://bit.ly/3xlu4jq

Cagen Williams, President and CEO of Panhandle Power Solutions, explains the importance of building and maintaining a strong workforce in a renewable energy company.💡 Listen to the full episode here: https://bit.ly/3VyqnzZ

The entire renewable energy industry has been asking, what the **** is going on at PJM, especially after the recent capacity auction? We'll find you some answers at #SolarFocus24. Join Jon Gordon (Advanced Energy United), Michael Borgatti (Gabel Associates, Inc.), Steven Shparber (Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. ), and Melissa Alfano (Solar Energy Industries Association) as they turn the air blue with insight on PJM's current practices, and what needs to change if we're going to become a 100% clean energy region.

In Case You Missed It!💡🌱 At the end of October, Atlantica released one of its newest resource pages, Integration 101. This resource is your go-to place to learn more about how renewable energy resources fit into the electricity grid and how different forms of energy can be used together in Atlantic Canada’s future! ➡️Learn more: https://ow.ly/wjVj50U2oIz