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ABB signs 500 million euros EIB financing to further drive smart and sustainable electrification technologies
ABB and the European Investment Bank (EIB), the lending arm of the European Union, have signed a 500 million euros financing agreement to support ABB’s research and development in its Electrification business...
Greenhouse Gas concentrations hit record high. Again.
The abundance of heat-trapping greenhouse gases in the atmosphere once again reached a new record last year and there is no end in sight to the rising trend, according to a new...
Latin America to play an essential role in the global transition to a more secure and sustainable energy system
At a time of rising geopolitical uncertainty and accelerating energy transitions, an extraordinary endowment of energy and mineral resources, as well as a history of clean energy leadership, positions Latin America and...
Governments plan to produce double the fossil fuels in 2030 than the 1.5°C warming limit allows
A major new report published today finds that governments plan to produce around 110 percent more fossil fuels in 2030 than would be consistent with limiting warming to 1.5°C, and 69 percent more...
Why AI and energy are the new power couple
Power systems are becoming vastly more complex as demand for electricity grows and decarbonisation efforts ramp up. In the past, grids directed energy from centralised power stations. Now, power systems increasingly need...
Removing Barriers for Green Hydrogen Deployment
According to IRENA’s World Energy Transition Outlook, hydrogen and its derivates are projected to make up 14 percent of global total final energy consumption by 2050 in a world aiming to stay...
A STORY INSPIRED BY THE LOVE AND CARE OF CHILDREN
The Alkaloid pharmaceutical company recently celebrated the 45th anniversary of one of its most recognizable brands – Becutan, a collection of skincare products for babies and children.
The story of Becutan is firmly...
How can sustainable debt support China’s energy transition?
Sustainable debt has become a popular tool to fund green and sustainability-linked activities since it first emerged in the mid-2010s, providing a tailwind to clean energy investment. Global sustainable debt issuances have...
THE CIRCULAR ECONOMY IN THE OIL INDUSTRY: REDUCTION OF RAW MATERIALS, WASTE AND EMISSIONS
According to the official data posted on the website of the European Parliament, 2.2 billion tonnes of waste are generated in the European Union each year. More than a quarter of it...
MENA’s Transforming Role in an Evolving Energy Landscape
The Middle East and North Africa (MENA) region has been leading fossil fuel production for decades, creating tremendous economic growth.
However, fossil fuel-driven growth has proven to be unsustainable for both people and...
Open Science Conference: We need dramatic climate action to meet unprecedented challenges
Climate change impacts are becoming increasingly severe, posing unprecedented challenges. Dramatic climate action is needed to limit global warming, requiring unprecedented societal transformations to sustain the future of life on Earth, a...
Inside a research centre tracking the fallout from the climate crisis
The past few months have been another stark reminder that the climate crisis is getting worse.
Wildfires devastated Hawaii, Canada, and the Canary Islands. Antarctic Sea ice reached its lowest extent since records...
ABB applies electrical expertise at major green hydrogen site in Denmark
ABB has been contracted by Danish company H2 Energy Esbjerg ApS to provide basic electrical engineering for the power distribution from grid point of connection to electrolyzers, and for other process equipment...
Urgent action to cut methane emissions from fossil fuel operations essential to achieve global climate targets
Decisive, far-reaching efforts to cut methane emissions from fossil fuel production and use must go hand-in-hand with decarbonisation of our energy systems to limit global warming to 1.5 °C, according to a...
Just Transition Forum highlights fair and sustainable energy future
The Energy Community Secretariat organized the Energy Community Just Transition Forum in Skopje, an important gathering aimed at addressing crucial measures for a sustainable and equitable energy transition. The event brought together...
Energy Week Western Balkans 2023: the agenda is underway and promising a resounding success
As Energy Week Western Balkan is approaching, the conference agenda promises a resounding success. Here is some food for thought to prepare for Day 1 of EWWB.
Traditionally, Energy Week has a grand...