Info
Info
News Article

United Nations Launches New Standards With Loughborough Help

News

Solar energy investments across the globe could be set to soar thanks to the launch of new United Nations specifications a Loughborough University researcher helped construct.

The renewable energy industry has grown significantly in the last few decades, and today supplies almost a fifth of total primary energy consumption, with global investments in renewable power and fuels totalling £231billion (USD 289 billion) in 2018.

The contribution of renewables at large will continue to rise over the coming years and renewable power is increasingly cost-competitive compared to conventional fossil fuel-fired power plants.

However, until now, there has been no means for financial institutions to systematically compare the cost of solar against non-renewable and other renewable energy resources. In a bid to accelerate the shift to renewable energy, the United Nations (UN) has launched new specifications that enable the classification and reporting of solar energy resources in an internationally harmonised manner.

The specifications were prepared by the Solar Energy Sub-Group of the United Nations Economic Commission for Europe (UNECE)'s Expert Group on Resource Management (EGRM).

Dr Long Seng To, of the School of Social Sciences and Humanities, is a member of the sub-group and used her expertise in both the technical and social aspects of solar energy projects in developing countries to advise on the specifications.

Of the launch, Dr To said: “The Solar Specifications will accelerate the transition to sustainable energy by allowing us to systematically compare solar against non-renewable and other renewable energy resources in terms of their available quantities, their maturities (economic, environmental, social and technical) and their uncertainty and risks.

"This will make it easier to identify opportunities to invest where solar energy is the best option.”

What will the specifications do?

The specifications will make it possible to assess solar energy resources in different geographical contexts in comparison with alternative energy sources.

The ability of governments and companies to understand and compare competing energy sources is essential for navigating energy transitions and transformations.

The assessments will inform policy decisions on increasing renewable energy investments, with significant potential for climate action.

Solar energy systems have the potential to change fundamentally the way electricity and wider energy systems are organised.

The UN also recently launched specifications for wind energy. Both the solar and wind energy specifications are part of the United Nations Framework Classification for Resources (UNFC) - a global system used by countries and companies to classify and report both non-renewable and renewable resources.

Speaking about the urgency to transition to a sustainable energy future, UNECE Sustainable Energy Director Scott Foster said: “With the solar and wind specifications now operational, UNFC has taken yet another step to becoming the global system of classification for the world's energy system.

"We encourage all energy resource stakeholders to use UNFC to optimize their resource portfolios in line with the 2030 Agenda for Sustainable Development, thereby contributing to investment in and development of sustainable energy.”

The UN is now looking to develop case studies that demonstrate real-world applications of the specifications and that raise awareness of their value for investments in solar and wind energy production. Interest to undertake a solar or wind energy case study should be addressed to: reserves.energy@un.org

Van Der Valk Solar Systems And Eyecatcher BV Are Joining Hands!
REC Group Rejects Decision By The Düsseldorf Regional Court On Alleged Patent Infringement Regarding TwinPeak Solar Cells
Princeton Chemists Discover More About Perovskite Instability
Researchers Make Fuel From Cubic SiC, Graphene And CO2
Record Efficiency For Printed Perovskite Solar Cells
Eversheds Sutherland Advises On Europe’s Largest Floating Solar Project
RES And SNCF Energie Sign A CPPA For Nearly 40 Megawatts Of Renewable Energy In France
Alectris Partners With Resco For All-in-one Mobile Solar O&M Tracking
Electrons In The Fast Lane
Solar Generates Savings On Your Electricity Bill − Irrespective Of The COVID-19 Crisis
Tesvolt Wins Leading Innovation Prize For SMEs
REC Group Goes Virtual, Bringing Premium Solar Products
EnergyHub Partners With Vivint Solar To Expand Availability Of Residential Batteries As Utility Resources
Energeo Boosts Council’s Climate Emergency Plans
Progress In Functional Roof Design: Photovoltaic In-roof System Combination
Meyer Burger Technology Ltd Aims To Transform Itself
Midsummer Solar Panels Are Ten Times Better For The Environment
Halide Perovskites Love-hate Relationship With The Sun
BYD Launches Battery-Box Premium LVS With Unparalleled Ease Of Use And Versatility For On- And Off-grid Installations
Scientists Combine Solar And Battery Tech In One Device
REC Group Wins Prestigious Intersolar Award 2020 For Its Powerful Alpha Solar Panels
PI Berlin Introduces Deep Dive Quality Assessment For Lithium-ion Battery Production
Vapour Fix Raises Perovskite Crystal Performance
Solar Arrays To Be Installed For General Dynamics Ordnance And Tactical Systems

Info
×
Search the news archive

To close this popup you can press escape or click the close icon.
Logo
×
Logo
×
Register - Step 1

You may choose to subscribe to the Solar + Power Magazine, the Solar + Power Newsletter, or both. You may also request additional information if required, before submitting your application.


Please subscribe me to:

 

You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in:
 
X
Info
X
Info
{taasPodcastNotification}