AN action plan for reducing carbon dioxide emissions by 2050 will be the central theme of the UN Climate Change Conference (COP26) in Glasgow. Suggesting a roadmap for achieving net zero, the International Energy Agency (IEA) had earlier called for scrapping all new investments in oil and gas exploration and rely only on clean energy going forward
Several European trade associations have warned of Europe-wide production shutdowns in key sectors because of a "critical shortage" of magnesium supply from China
The International Energy Agency’s Photovoltaic Power Systems Programme (IEA PVPS) has published a new report offering guidelines for module manufacturers to consider recyclability of their products from the beginning, noting that with projected growth in PV over the coming decades, material shortages could become an issue, and preventing end-of-life modules from ending up in landfill should be an industry priority
• Currently, about 600 million people living in Africa do not have access to energy at all.
• Many African nations are more focused on how to keep up with energy demands by any means than on how to keep up with demand in a climate-friendly manner.
• "There has been an 80% reduction in solar prices over the last decade, and an 85% reduction in battery prices.”
Brent is expected to regress lower from $75 per barrel (/b) in the second quarter (Q2) of the year to end Q3 and Q4 2021 at $73/b and $64/b, respectively, and to average $58/b in 2022, a report said
Europe's battery industry is moving quickly to implement new, more efficient technology.
Leopold Konig, chief executive of specialised cell manufacturer Customcells, told Argus how customers are requesting new chemistries and locally sourced metals to limit their carbon footprint. Edited highlights follow:
Potential trade and climate policy shifts in the U.S. are raising questions about the viability of several ambitious liquefied natural gas (LNG) projects planned for emerging Asian markets, according to a recent report by the Institute for Energy Economics and Financial Analysis (IEEFA)
Ruchi Gupta is a research fellow at the University of Geneva’s Institute for Environmental Sciences. She focuses on how flexibility options, such as sector coupling with hydrogen production, can support renewable energy integration and decarbonize a wide range of sectors.
Big Oil has lately come under a plethora of attacks from all directions, ranging from uncooperative financiers and investors amidst a global shift to renewable energy to hostile governments and hardline climate activists. But not all oil and gas players will be on the losing end of those attacks
The largest pipeline system for refined oil products in the US, the Colonial Pipeline, was shut down last week after a ransomware cyberattack. On May 12, the pipeline initiated the restart of operations but the attack highlights the risk of cyber-security threats against important energy infrastructures. It was later reported that Colonial Pipeline paid nearly $5 million as a ransom to hackers after the company fell victim to the cyberattack.
Hydrogen and hydrogen-based fuels will not be able to move forward fast enough to replace fossil fuels and tackle climate change, according to a German-Swiss research team that claims direct electrification alternatives are cheaper and easier to implement. The scientists cite too-high prices, short-term scarcity and long-term uncertainty, as the main reasons for their skepticism
For decades, Germany, Poland and the Czech Republic have been at the heart of Europe’s so-called “lignite triangle” which produces most of the continent’s coal-based electricity. But with climate change now a top political priority, the priority is shifting to renewables
U.S. President Joe Biden unveiled on Thursday a new emissions-reduction target aiming to cut greenhouse gas emissions by 50-52 percent from 2005 levels in 2030 in an announcement that could have repercussions on America’s oil and gas industry.
Maritime and river transports represent the most important segments of the world’s total transports as they cover, according to the latest data, 89.6% in volume terms and 70.1% in value terms, of the global total. Moreover, they have the advantage of not only being cheaper but also of being less polluting per freight tonne as compared to all the other transport modalities.
Arvind Shah, a professor at École polytechnique fédérale de Lausanne, and Meyer Burger former Chief Innovation Officer Sylvère Leu recently spoke to pv magazine about the future of heterojunction PV modules. They said the tech is mature and can now compete on cost with PERC panels in projects – particularly in hot, humid environments.
No U.S. liquefied natural gas (LNG) projects are expected to be sanctioned this year, marking the second year in a row developers may postpone moving ahead with facilities, according to Wood Mackenzie
China’s transition from the biggest polluter in the world to the leading force in renewable energy generation will completely transform its economy, a new report by Wood Mackenzie says
A regional scheme for renewable energy guarantees of origin (GOs) could accelerate the uptake of trade in GOs in the Energy Community countries, whilst also helping to drive the energy transition in the region, said the Energy Community Secretariat on Wednesday, March 17.
Promises by U.S. shale producers to pursue a more restrictive approach to capital investment and production seem to have emboldened Saudi Arabia and its allies in OPEC+ to test the room for higher oil prices
As work is in progress on the electric tie up between mainland Greece and the island of Crete, following completion in January of the first leg of the project with the laying of an underwater cable, the foundations have been laid for what will soon become a giant electricity arc spanning across half the Mediterranean Sea.