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The IEA in 2024: Reviewing the Year

Energy Transition

The IEA in 2024: Reviewing the Year

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
Carbon Capture
04-09-2024

Eni, Snam Launch Italy’s First Carbon Capture Project
The logo of Italian energy company Eni is seen at Eni's Renewable Energy and Environmental R&D Center in Novara, Italy, September 26, 2019. Picture taken September 26, 2019. REUTERS/Flavio Lo Scalzo/File Photo Purchase Licensing RightsEni (ENI
Carbon Emissions
04-09-2024

Global Data Center Industry to Emit 2.5 Billion Tons of CO2 Through 2030, Morgan Stanley Says
The logo for Google is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. REUTERS/Andrew Kelly/File Photo Purchase Licensing RightsA boom in data centers is expected to produce about 2.5 billion metric tons of carbon di
France
31-08-2024

Totalenergies Invests $100 Mln in the US to Offset Climate Emissions
The logo of French oil and gas company TotalEnergies is seen at the company's headquarters skyscraper in the financial and business district of La Defense, near Paris, France September 14, 2023. REUTERS/Gonzalo Fuentes/File Photo Purchase Licensin
CCS
28-08-2024

Joint Study to Establish Standard Specifications and Designs for LCO2 Carriers in Japan Towards Large-Scale International Marine Transport of Liquefied CO2 by 2028
- "K" LINE, MOL, NYK Line, Mitsubishi Shipbuilding, Imabari Shipbuilding, JMU, and Nihon Shipyard have started a joint study to establish standard specifications and designs for liquefied CO2 (LCO2) carriers.- In the future, they will also consi
CCS
27-08-2024

Wood Advances CCS Projects on Norwegian Continental Shelf
Scotland-headquartered engineering and consulting business John Wood Group (Wood) is advancing three carbon capture and storage (CCS) projects on the Norwegian Continental Shelf (NCS), which combined can store up to 21 million tonnes of CO2 annually, the
Green Hydrogen
26-08-2024

COP29 CEO on Integrating Green Hydrogen Into Azerbaijan’s Energy Strategy (Exclusive)
The issue of green hydrogen was a key topic of discussion regarding the Azerbaijan-EU green energy corridor, Elnur Soltanov, Deputy Minister of Energy, COP29 CEO, told Trend."We asked our consultants to examine the potential of green hydrogen. By con
CCS
26-08-2024

Chevron Builds on Ccs Portfolio With Greenhouse Gas Assessment Permit Offshore Australia
Chevron builds on CCS portfolio with greenhouse gas assessment permit offshore Australia. (Credit:）Chevron Corporation (NYSE: CVX), through its subsidiary Chevron Australia New Ventures Pty Ltd (Chevron), has been awarded a greenhouse gas (GHG) assessment
Carbon Emissions
26-08-2024

JERA and Lotte Fine Chemical Forge Partnership to Advance Low-Carbon Fuel Value Chains
JERA, a Japanese energy company, and Lotte Fine Chemical (LFC), a South Korean chemical company, have entered into a joint collaboration agreement to develop low-carbon fuel value chains in Asia.JERA and Lotte Fine Chemical Signing Ceremony. Courtesy of J
CCS
24-08-2024

BP, Chubu Expand Japan-Indonesia CCS Project Collaboration
BP Berau Ltd. (bp) and Chubu Electric Power Co. Inc. have expanded their collaboration to explore a carbon capture and storage (CCS) value chain between Japan's Port of Nagoya and the Tangguh field in Papua Barat, Indonesia. This follows the succe
Electricity Transmission
23-08-2024

New Grid Technology to Rid the World of the Most Potent Greenhouse Gas
Innovative switchgear enables the phaseout of SF6, a greenhouse gas 24,300 times more potent than CO2, staying in the atmosphere for over 1,000 years.- Power grids rely heavily on SF6, the planet's most potent greenhouse gas, contributing 80 perce
Net Zero
23-08-2024

Australia Passes Net Zero Economy Authority Bill as Green Energy Push Continues
The Bill was introduced in March by the Labor government led by Australian PM Anthony Albanese. Credit: Mark and Anna Photography via Shutterstock.The Australian Senate has passed the Net Zero Economy Authority (NZEA) Bill, as the country seeks to establi
Carbon Capture
21-08-2024

Petronas Taps ADNOC, Storegga to Evaluate Carbon Capture, Storage in Malaysia
The logo of Malaysian energy group National Petroleum Limited, commonly known as PETRONAS, is displayed at their booth during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo Purchase L
Energy Transition
20-08-2024

Volue and Jua Announce a Partnership to Harness the Power of AI Driven Weather Prediction
Volue, a leader in technologies and services that enable its customers to succeed in the energy transition, has today announced a partnership agreement with Jua that is set to revolutionise weather prediction for the renewable energy market.The partnershi
PowerGrid Technology
20-08-2024

Wärtsilä Signs Decarbonisation Agreement for Madagascan Power Plant
Technology group Wärtsilä’s renewal of its existing Operations and Maintenance (O&M) agreement with QIT Madagascar Minerals S.A (QMM), part of the Rio Tinto group, has been expanded to include a Decarbonisation Agreement.Th
CCS
12-08-2024

BHP, RioTinto, Qantas to invest $53 mln in australian carbon credit fund
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 RightsBHP (BHP.AX), opens new tab, Rio Tinto (RIO.AX), opens new tab and

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