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Sharp Declines in Critical Mineral Prices Mask Risks of Future Supply Strains as Energy Transitions Advance
Pressure eased in 2023 on the market for minerals that go into electric vehicles, wind turbines, solar panels and other clean energy technologies, as supply outpaced surging demand. But a new report...
Two Years of REPowerEU: Strengthening Europe’s Energy Resilience
In May 2022, the European Commission launched the REPowerEU Plan in response to war in Ukraine and its use of energy resources as an economic weapon. The Plan’s main objectives were to...
EBRD and Erste Approve Financing for new Windfarm in Serbia
The European Bank for Reconstruction and Development (EBRD), together with Erste Group Bank AG and its local bank Erste Bank a.d. Novi Sad (Erste), have approved a financing package worth 91.4 million...
Old Mines Can Be Used for Energy Storage
In addition to renewable energy production facilities being built left and right, the energy transition we are striving for also requires the construction of energy storage facilities since the efficiency of renewable...
Scientists Have Created Flexible and Waterproof Solar Cells
The sun is an inexhaustible energy source that has long inspired scientists to improve the technology of solar cells so that they can be used as widely as possible.
Recently, we wrote about...
Launching the Wind Energy Initiative
The annual onshore and offshore wind event organized by WindEurope brought together over 10,000 participants and features dozens of conference sessions, hundreds of speakers and over 500 exhibitors from the field. Held...
It is time for CCUS to deliver
Carbon capture, utilisation and storage (CCUS) is an important part of the technology portfolio for meeting net zero ambitions. In the IEA’s Net Zero Emissions by 2050 (NZE) Scenario – which lays...
Massive expansion of renewable power opens door to achieving global tripling goal set at COP28
The world’s capacity to generate renewable electricity is expanding faster than at any time in the last three decades, giving it a real chance of achieving the goal of tripling global capacity...
The oil and gas industry faces a moment of truth and an opportunity to adapt
Oil and gas producers face pivotal choices about their role in the global energy system amid a worsening climate crisis fuelled in large part by their core products, according to a major...
IRENA and DP World Join Forces to Advance Decarbonisation Solutions for Ports and Maritime Logistics
The International Renewable Energy Agency (IRENA) has signed a collaboration agreement with DP World, a UAE-based global supply chain solutions company. Through the agreement, the two organizations will collaborate on decarbonising the...
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...
Samsung C&T and ABB enter agreement to expand smart building capabilities
To improve the livability and energy efficiency of large residential, commercial and multi-dwelling residential buildings, ABB Smart Buildings and Samsung C&T Corporation Engineering & Construction Group (‘Samsung C&T’) today entered 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...
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...
Renewables Jobs Nearly Doubled in Past Decade, Soared to 13.7 Million in 2022
Worldwide employment in renewable energy reached 13.7 million in 2022, an increase of one million since 2021 and up from a total of 7.3 million in 2012, according to a new report...
Stepping up in renewables towards energy stability
Alessandro Bragonzi, Head of Regional Hub for the Western Balkans, one of the participants in the OIE Serbia 2023 conference, organized by the Association of Renewable Energy Sources of Serbia, wrote for...
