10 takeaways from the Global Offshore Wind Update 2024
The Global Wind Energy Council (GWEC) released a new report on June 17, 2024, highlighting key insights and updates on the global offshore wind sector. This Climate Shocker will walk you through the 10 most important insights from the report: At Econopolis Strategy, we are also engaged in the economic aspects of the energy transition. […]
Is Double-Digit Day Nearing for Li-ion Batteries?
In the field of transistor technology, Moore’s law has long influenced expectations. It suggests that the number of transistors that can fit on a microchip doubles approximately every two years, leading to rapid improvements in performance and cost efficiency. This principle shows how technological progress can speed up when demand for a product increases. While […]
No transition without transmission: our five key takeaways from Elia’s national energy debate
On a Tuesday evening, the consulting team from Econopolis made their presence felt at Elia’s national energy debate, a significant event where energy leaders across Belgium converged. This occasion marked the presentation of a memorandum drawn up by Elia for the impending Belgian and European elections. The crux of the evening revolved around a critical […]
The Winds of Change: Global Wind Capacity Milestones in 2023
Continuing our journey through the renewable energy landscape of 2023, this week we delve into the strides made in wind power, following our recent exploration of solar power advancements. With the latest preliminary data from the International Energy Agency (IEA), we gain further insights into the achievements of wind energy sector, highlighting key trends and […]
What Happens in the Arctic, Doesn’t Stay in the Arctic: Understanding the Polar Vortex and Climate Change
This week, Belgium witnessed a picturesque winter scene with its first snowfall. As temperatures are likely to rise in the following weeks, it marks a beautiful end of a two-week cold snap. This cold snap had its roots in the fascinating and complex dynamics of the polar vortex. To grasp this concept, let’s delve into some […]
A Bright Future: Insights into the Solar Power Landscape of 2023
The year 2023 has wrapped up, offering a vital opportunity to analyze the significant trends that have shaped the solar power industry. Last week, the International Energy Agency (IEA) has provided preliminary data, giving a glimpse into the evolving solar landscape. Although final numbers are pending, the current data unveils intriguing insights. Two key observations […]
The trillion-dollar highway that will enable the energy transition
In the fight against climate change, the electrification of energy consumption has emerged as a pivotal transition towards reaching ambitious net-zero goals. This transformation not only spurs greater demand for advanced energy generation technologies but also places a significant emphasis on upgrading and expanding the essential grid infrastructure responsible for transporting electrons to demand centers. […]
The Rising Importance of Critical Minerals: Unveiling the Motive Behind Belgium’s Federal Energy Minister’s Presence at the Critical Minerals Conference
This week, the International Energy Agency (IEA) organized the world’s inaugural conference on Critical Minerals and Clean Energy. Among the attendees were notable figures, including representatives from the Swiss mining giant Glencore and the Canadian Minister for Natural Resources. An unexpected participant at the conference was the Belgian Minister of Energy, given that critical minerals […]
The Changing Landscape of Offshore Wind Energy: Analyzing LCOE Trends and Cost Structures
Recent developments in the wind energy sector have raised questions about the competitiveness of offshore wind power, with industry giants like Siemens Gamesa and Orsted Energy facing challenges, and the UK’s largest offshore wind tender drawing no participants. In this blog post, we delve into the evolving landscape of offshore wind energy by analyzing the […]
Rising Tide of Solar Power: Exploring the Growth of PV and Floating PV Installations
The global transition to clean and renewable energy sources has significantly accelerated in recent years, with solar photovoltaic (PV) installations spearheading this movement. The statistics are nothing short of impressive: a staggering 1,047 gigawatts (GW) of solar PV systems have been installed worldwide, representing a remarkable twenty-six-fold growth since 2010. In 2022 alone, 191 GW of […]