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Tag: energy transition
Clean Energy Transition ‘Will Be Harder and Costlier Without Nuclear’
The transition to a clean energy economy will be much harder and more costly without nuclear power.That’s according to a new report from the International Energy Agency (IEA), which suggests four billion...
ABB Unveils Its First Carbon-Neutral Factory
At its site in Lüdenscheid, in the presence of Nico Rosberg, ABB shows how the sustainable energy transition can succeed with digital energy management. With its “Mission to Zero”, the leader in...
World Bank Launches New Fund to Support ‘Climate-Smart’ Mining for Low Carbon Tech
The World Bank has launched what is claimed to be the first ever fund dedicated to making mining for the low carbon energy transition “climate-smart” and sustainable.The Climate-Smart Mining Facility, targeting a...
EU Approves Lithuania’s €385m Renewable Energy Scheme
The European Commission has approved a €385 million (£333m) scheme to support electricity production from renewable energy sources in Lithuania.
The government intends to introduce the new aid scheme in May for the...
Planned $4.9tn Oil and Gas Investment ‘Not Compatible with Climate Goals’
A planned investment of $4.9 trillion (£3.8tn) in new oil and gas exploration and extraction over the next decade is incompatible with international climate obligations.That’s according to new analysis by Global Witness,...
Sweden ‘Leading the Way Towards a Low Carbon Future’
Sweden has the lowest share of fossil fuels in its primary energy supply among all member countries that are part of the International Energy Agency (IEA).It is also the second lowest carbon...
Shell to Invest $300m to Offset Carbon Emissions
Royal Dutch Shell has committed to invest $300 million (£230m) over the next three years in projects that help offset carbon emissions.It will fund large-scale forest projects in Indonesia, Peru and the...
“If Everyone Does a Little, We Will Achive Only a Little”
Do you think that small acts of individuals plunge into the river of synergy and reflect onto the society as a whole? You are not lonely in perceiving our world functioning this...
Energy Workers ‘Must Be Supported Through Renewable Transition’
The Institute for Public Policy Research (IPPR) has called on the government to set up a body to help energy workers in the north of England make the most of the renewable...
Finland Approves 2029 Coal Ban For Energy Use
Finland has brought forward its coal phase-out date by one year, according to reports, with the new deadline set for May 1, 2029, after which coal will be banned from use as...
Decarbonisation ‘Could Leave Fossil-Fuel Economies Stranded’
Global decarbonisation could turn fossil fuel-reliant economies into ‘stranded nations’ unable to unlock the value of carbon-based assets and infrastructure.
These are the findings of a new World Economic Forum study, which shows...
Shift Towards Clean Energy in Southeastern Europe: Challenges and Opportunities
Various means such as petroleum products, biomass, sun, wind, water, nuclear fission, lead us to the production of electricity as the ultimate goal. Each of the methods of obtaining energy has its...
Germany Agrees to End Reliance on Coal Stations by 2038
Germany has agreed to end its reliance on polluting coal power stations by 2038, in a long-awaited decision that will have major ramifications for Europe’s attempts to meet its Paris climate change...
Ukraine to Build Its Largest Ever Wind Farm
Ukraine is to build its largest ever wind farm.
The European Bank for Reconstruction and Development (EBRD) has issued a loan of €150 million (£130m) to the country for the construction.
Upon completion, the...
World’s Largest Wind Turbine to Test Its Wings in Rotterdam
Rotterdam's skyline will soon feature the world's largest and most powerful offshore wind turbine.GE Renewable Energy announced on Wednesday it will install the first 12-megawatt Haliade-X prototype in the Dutch city this...
50% of Industrial Climate Change Emissions Tied to Fossil Fuel Companies
The Rocky Mountain Institute recently released a report titled Decarbonization Pathways for Mines: A Headlamp in the Darkness, in which it was stated that in 2015, half of worldwide industrial greenhouse gas...
