Page 15 - AsiaElec Week 32 2021
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AsiaElec NEWSBASE’S POWER ROUNDUP GLOBAL (NRG POWER) AsiaElec
NewsBase’s Power Roundup Global [NRG Power]
POWER
WELCOME to NewsBase’s Power Roundup Global (NRG Power), in which the reader is invited to join our team of international editors, who provide a snapshot of some of the key issues affecting their regional beats. We hope you will like NRG Power’s new concise format, but by clicking on the headline link for each section the full text will be available.
AFRELEC: AfDB provides $2.5mn to boost Africa’s regional grids
The African Development Bank (AfDB) has approved $2.5bn of grants to promote cross-bor- der trading in Eastern and Southern Africa.
The bank is to support the harmonisation of electricity regulations and the expansion of cross-border power trading in both the COMESA area (Eastern Africa) and the SADC area (Southern Africa), which together cover 28 countries.
REM: President Biden sets target that half of all new vehicles sold in the US by 2030 will be zero-emission
President Joe Biden has signed an executive order setting a target that half of all new vehi- cles sold in the US by 2030 should be electric. Plug-in hybrids and fuel cell vehicles were also included in the mandate. The 50% target is not legally binding.
“There’s a vision of the future that is now beginning to happen, a future of the automo- bile industry that is electric — battery electric, plug-in hybrid electric, fuel cell electric,” said Biden, who announced the plan at the White House surrounded by leaders from the US car industry. “The question is whether we’ll lead or fall behind in the future.”
ENERGO: Russian utilities go green as Rus- sia’s Atomenergopromsbyt to start trading carbon certificates
Moscow-based power distribution company Atomenergopromsbyt, which is part of No- vaWind (the renewables arm of RosAtom in wind) and I-REC Services BV had signed an agreement allowing Atomenergopromsbyt to offer services to trade and redeem I-REC green certificates, BigPower News reported on Mon- day 9 August, as cited by VTB Capital.
The signing of the contract allows Atomen- ergopromsbyt to secure and trade green energy supplies. I-REC are international renewable energy certificates that allow a company to iden- tify how its power was made.
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Week 32 11•August•2021 w w w . N E W S B A S E . c o m P15
