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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...
Surging investment in manufacturing of clean energy technologies is supporting economic growth
Booming investment in the manufacturing of clean energy technologies, especially solar PV and batteries, is becoming a powerful economic driver globally, creating new industrial and employment opportunities, according to a new report...
Rapid Expansion of Batteries Will Be Crucial to Meet Climate and Energy Security Goals Set at COP28
Growth in batteries outpaced almost all other clean energy technologies in 2023 as falling costs, advancing innovation and supportive industrial policies helped drive up demand for a technology that will be critical...
Szeged Introduces a Geothermal Energy District Heating System
The Hungarian Ministry of Construction and Transport recently announced the completion of the project for a new geothermal heating system in Szeged.
According to the Ministry’s announcement, six million euros have been invested...
Major Global Utilities Announce Joint Intent to Scale Renewable Capacity by 2.5 times to 2030
The Utilities for Net Zero Alliance (UNEZA) adopted the UNEZA Roadmap to 2030, which targets a total increase of renewable energy capacity within their portfolios to 749GW by 2030*, an increase of...
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...
IMPLEMENTATION OF RESPONSIBLE BUSINESS IN SERBIA AND THE WORLD
Questions and challenges related to sustainable and responsible business have been obvious for decades. Most of the ESG principles we hear about today have been devised thanks to various international initiatives, agreements,...
HOW DID PAKISTAN’S LIBRARY BECOME MORE ENERGY EFFICIENT?
A project was recently implemented in Pakistan that resulted in a significant improvement in the energy efficiency of a public facility. The Raziuddin Siddiqui Memorial Library in Islamabad, known for its collection...
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...
Enhancing infrastructure can help boost Denmark’s clean energy investment
Denmark’s energy and climate ambition in sectors such offshore wind, biomethane and district heating are transforming the country’s energy system and reinforcing its image as a clean energy leader toward net zero...
Strong policy progress on energy efficiency seen in 2023
Policy makers around the world expanded measures to promote energy efficiency in 2023, helping consumers save money and improving the security and sustainability of the global energy system – though progress is...
The shift to the green economy leads to big and small transitions
The global shift to net zero will require major structural changes in economies, as well as extensive change in daily lives. The scale of the transition is unprecedented: from the rush to...
THE TREND OF GROWING ELECTRIC CAR SALES
The decarbonization of road transport, which accounts for more than 15 per cent of global energy-related emissions, is a challenge that almost the entire planet is grappling with. Alternative fuel vehicles, which...
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...
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...
