It is increasingly clear that the world continues with great changes in all fields. Transformation is taking place in almost all areas, and the energy transition or green agenda is the big framework that unites multiple sectors. Big countries play an important role in the dynamics with which the world will realize the changes that …
China will intensively invest in renewable energy sources this year Read More »
The European Union’s (EU) efforts to achieve climate neutrality rely heavily on the electricity market. The market design has been lauded for its role in enabling renewable energy integration, improving supply security, and lowering wholesale prices. The European Commission’s proposal to reform the electricity market aims to encourage the use of more long-term contracts to …
European electricity market reforms: Making it climate-neutral Read More »
The British government will unveil new measures to ensure energy security later this month, according to a budget document released on March 9th. The measures aim to support the country’s transition to a net-zero carbon economy by addressing concerns over energy supply and reliability. The announcement comes at a time when the country is grappling …
The Biden administration has approved a scaled-back version of ConocoPhillips’ $7 billion oil and gas drilling Willow Oil project in Alaska. This was announced by the U.S. Department of Interior on Monday. There was an aggressive eleventh-hour campaign from opponents. Despite this, the choice was made as President Joseph Biden tried to strike a balance …
Willow oil project in Alaska approved by Biden administration Read More »
German heating system suppliers are committed to rolling out electric heat pumps on a large scale to replace oil and gas boilers and reduce carbon emissions. Markus Staudt, the managing director of the Federation of German Heating Industry (BDH), stated that the industry is committed to supporting government goals to install 500,000 new pumps each …
German heating industry suggests hybrid solutions to reduce carbon footprint Read More »
In an effort to reduce carbon emissions in its industries, Germany plans to launch a subsidies program in April 2023, as the country looks to achieve its goal of carbon neutrality by 2045. The program will offer 15-year subsidies for energy-intensive industries, such as steel, cement, and chemicals industries, in exchange for reducing their carbon …
Germany’s Subsidies-for-Emissions-Cuts Plan: A closer look Read More »
As the EU sets out to end sales of CO2-emitting cars in 2035, Germany is pushing for sales of internal combustion engines (ICEs) that run on e-fuels after that date. E-fuels, such as e-kerosene, e-methane, or e-methanol, are created by combining hydrogen produced from renewable or CO2-free power with CO2 emissions that have been absorbed. …
Germany’s Transport Minister, Volker Wissing, expressed optimism on Monday that the European Union’s (EU) plan to phase out combustion engines could be resolved. Despite the hurdles encountered by the proposed ban, both sides are in constructive talks. They are consulting with countries to find agreement on the law. EU’s intent to prohibit internal combustion engines …
Germany optimistic on EU’s plan to phase out combustion engines Read More »
Norway is one of the world’s leading countries when it comes to green energy. The country has set ambitious goals to reduce its CO2 emissions by at least 40% by 2030 and become climate neutral by 2050. To achieve these targets, Norway has implemented several initiatives, including investing in renewable energy sources such as hydropower, …
Norway’s green energy plans encounter resistance: Here is why Read More »
Yaoyu Zhang, General Manager of Global LNG and New Energies at PetroChina International, predicts that as China’s economy improves this year, demand for LNG and natural gas will rise. Spot pricing will determine whether or not the nation imports more liquefied natural gas (LNG). China’s LNG imports drop nearly 20% in 2022 China’s liquefied natural …
China’s 2023 LNG demand to grow amid economic recovery Read More »
