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Energy Transition
The IEA in 2024: Reviewing the Year
Carbon Emissions
11-10-2024
Indigenous Groups in Brazil: We Were Not Consulted on Carbon Credits
Indigenous leader Alessandra Korap Munduruku takes part in a protest for land demarcation and against President Jair Bolsonaro's government, in Brasilia, Brazil June 16, 2021. REUTERS/Ueslei Marcelino/File Photo Purchase Licensing Rights(This Oct.
Carbon Emissions
10-10-2024
Renewable Energy to Fall Short of UN Goal to Triple by 2030, IEA Says
High-voltage power lines, an electricity pylon and wind turbines are seen near Pedrola, Spain, December 12, 2021. Picture taken on December 12, 2021. REUTERS/Albert Gea/File Photo Purchase Licensing RightsRenewable energy sources are set to meet nearly ha
Carbon Emissions
09-10-2024
Pioneering Fishsafe Technology for Sustainable Hydropower
Fish-safe D190 Restoration Hydro Turbine (RHT)I've been interested in renewable energy since I was a kid. After graduating from MIT with Engineering and Economics degrees, I spent more than 20 years working in energy and energy finance. I started
Energy Transition
09-10-2024
Eco-tax Threatens German Business, Says RWE Chief
According to RWE CEO Dr Dietmar Kuhnt, the eco-tax introduced in 1999 has failed. It has not achieved its aims and has become a risk for Germany as a place for business, Kuhnt said at the World Energy Congress in Buenos Aires.The national economy had bene
Carbon Emissions
08-10-2024
India’s Sail Ties up With Bhp to Reduce Carbon Emissions
A small toy figure and mineral imitation are seen in front of the BHP logo in this illustration taken November 19, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing RightsState-run Steel Authority of India (SAIL) (SAIL.NS), opens new tab
Net Zero
08-10-2024
‘Hot Commissioning’ Starts at EnBWs First Hydrogen-ready Gas Plant
The new gas and steam turbine power plant at the Stuttgart-Münster site (image credit: EnBW)The first gas turbine at EnBW Energie’s hydrogen-ready gas-fired power plant in Stuttgart-Münster is about to enter the hot commissioni
Energy Transition
30-09-2024
Newly Signed California Bill Will Transition Some Neighborhoods From Gas to Electric
(Map of California coastline. Image by Hands off my tags! Michael Gaida from Pixabay)In addition to a bill requiring utilities to evaluate grid enhancing technologies (GETs) in transmission planning, California Governor Gavin Newsom has signed a bill into
Carbon Capture
27-09-2024
Shell, Equinor, TotalEnergies open Norwegian CO2 storage facility
A view of a signage with the logos of Northern Lights carbon dioxide project and other corporates, outside the facility in Oygarden, Norway October 18, 2022. REUTERS/Nora Buli/File Photo Purchase Licensing RightsShell (SHEL.L), opens new tab, Equinor (EQN
CCS
27-09-2024
UAE to unveil national climate plan under Paris pact before COP29
Delegates walk at Dubai's Expo City during the United Nations Climate Change Conference (COP28) in Dubai, United Arab Emirates, December 12, 2023. REUTERS/Thomas Mukoya/File Photo Purchase Licensing RightsThe United Arab Emirates aims to release i
Net Zero
25-09-2024
Suez, Siemens and Abu Dhabi National Energy Company Join up in Desalination Initiative
The logo of Siemens is pictured at Global Industrie exhibition in Villepinte near Paris, France, March 26, 2024. REUTERS/Benoit Tessier/File Photo Purchase Licensing RightsFrench utility company Suez, German company Siemens (SIEGn.DE), opens new tab and A
Net Zero
25-09-2024
Macquarie to Take Minority Stake in d.e. Shaw’s Green Energy Arm for up to $1.73 Bln
A pedestrian walks past the logo of Australia's biggest investment bank Macquarie Group Ltd which adorns a wall on the outside of their Sydney office headquarters in central Sydney, Australia, July 18, 2017. Picture taken July 18, 2017. REUTERS/Da
Net Zero
25-09-2024
Australia’s Fortescue Signs $2.8 Bln Green Equipment Partnership With Liebherr
Power-generating windmill turbines are surrounded by fog at a wind farm in the mountains of Galicia region, near Villalba, Spain March 20, 2024. REUTERS/Nacho Doce/File Photo Purchase Licensing RightsFortescue (FMG.AX), opens new tab said on Wednesday it
Carbon Emissions
25-09-2024
Global Plan for Early Ditch of Coal Power Hits Indonesia Hurdle
G7-backed push to close coal power plants in emerging markets is facing further delays after a July deadline passed without a deal on the early closure of an Indonesian power plant that would be the first to shut under the initiative.The push against coal
Carbon Emissions
24-09-2024
Brookfield Raises $2.4 Billion for Climate Fund Backed by UAE
Brookfield Asset Management (BAM.TO), opens new tab said on Monday it has raised $2.4 billion for the Catalytic Transition Fund (CTF), which is backed by the United Arab Emirates and aims to scale up climate finance in emerging markets.CTF was launched at
Carbon Emissions
24-09-2024
Climate Goal to Triple Global Renewable Energy by 2030 Within Reach, Iea Says
Electrical power pylons of high-tension electricity, a transformer station, and a wind turbine stand in Nijmegen, Netherlands, February 7, 2024. REUTERS/Piroschka van de Wouw/File Photo Purchase Licensing RightsA goal to triple global renewable energy cap
Carbon Capture
21-09-2024
Renewal of Compact CO2 Capture System “CO2MPACT(TM)” Series
- Shorter delivery achieved by combining optimization according to the flue gas from the customer's facility and a highly versatile compact module configuration- Exhibiting at Japan's first large-scale CCUS exhibition "CCUS WORLD"
Carbon Capture
21-09-2024
Carlyle-Backed Crescent Midstream to Build Carbon Capture and Storage Unit in Louisiana
A woman walks next to the logo for Carlyle at the company’s offices in New York City, U.S., June 28, 2022. REUTERS/Brendan McDermid/File Photo Purchase Licensing RightsOil pipeline firm Crescent Midstream, which is backed by investment firm Carl
Carbon Emissions
20-09-2024
J-Power, Tokyo Metro Ink VPPA to Decarbonise Railway Operations
J-POWER unit J-Solar Co., Ltd. has concluded a virtual power purchase agreement with Tokyo Metro Co., Ltd that will allow the latter to procure only the environmental value of the renewable energy generated at a dedicated power plant constructed offsite.I
Carbon Emissions
20-09-2024
Canada May Reach 2030 Emissions Goal Without Unpopular Carbon Tax
Canada's Prime Minister Justin Trudeau walks to a climate change conference in Ottawa, Ontario, Canada October 18, 2022. REUTERS/Blair Gable/File Photo Purchase Licensing RightsCanada could meet its 2030 emissions target without a carbon tax on co
Carbon Credits
19-09-2024
Meta Closes Deal to Buy up to 3.9 Mln Carbon Credits in Latin America
The logo of Meta Platforms' business group is seen in Brussels, Belgium December 6, 2022. REUTERS/Yves Herman/File Photo Purchase Licensing RightsFacebook owner Meta (META.O), opens new tab agreed to buy up to 3.9 million carbon offset credits fro
Carbon Credits
18-09-2024
Exclusive: Indonesia’s Prabowo Plans $65 Bln Green Fund From Selling Carbon Credits
A student carries mangrove saplings to be planted at Mangrove Park Lampulo, marking World Environment Day in Banda Aceh, Indonesia, June 5, 2024. REUTERS/ Riska Munawarah/File Photo Purchase Licensing RightsIndonesia's President-elect Prabowo Subi
Carbon Emissions
14-09-2024
Occidental’s 1POINTFIVE to Get up to $500M US DOE Funding for South Texas DAC Hub
US DoE to award up to $500m to Occidental’s 1PointFive for the South Texas DAC hub. (Credit: Michael from Pixabay)Occidental’s fully owned subsidiary 1PointFive has secured up to $500m from the US Department of Energy (DoE)’s
Carbon Capture
10-09-2024
Denmark’s First CO2 Storage Facility Now Ready to Receive Large Amounts of CO2
Denmark has a safe and well-functioning storage for CO2 in the North Sea subsoil, where CO2 can be permanently stored to mitigate climate change.The 23 partners behind Project Greensand have now submitted the final report from the pilot project, which has
Nuclear Technology
10-09-2024
Nuclear Key for End-User Decarbonisation, Says Microsoft
Microsoft sees nuclear in the same vein as renewables for helping it to meet its clean energy goals - but currently has no intention of directly investing in its own nuclear power plants, the company's Director of Nuclear and Energy Innovation Tod
Carbon Emissions
05-09-2024
Malaysia Launches Aviation Decarbonisation Drive Targeting Net Zero Emissions by 2050
Malaysia is targeting net zero emissions in its aviation sector by 2050 through the launch of a decarbonisation plan, its transport ministry said on Thursday.The blueprint includes plans to reduce carbon emissions by up to 18% in aircraft technology, and
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Most views from Climate Change
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US Climate Law Has Boosted Solar, Batteries; Hydrogen, Other Initiatives Lag
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Decarbonising Coal Use in India: Role of Carbon Capture, Utilisation, and Storage
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Indonesia Begins Carbon Trading Program for Coal-Fired Power Plants
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ABB’s Porvoo Factory Achieves Carbon-Neutral Operations
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Maersk signs green methanol deal with China's Goldwind
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"Co-creating with Customers to Transform Japan's Domestic Power Network into a Carbon-neutral and Resilient Electricity Infrastructure"