Dec

Market Analysis

Global Electricity Demand Growth Set to Slow Down in 2021

After experiencing its biggest decline in decades, global electricity demand is expected to rebound modestly in 2021.

Paris Climate Agreement

Video: New UN Climate Change Initiatives

Initiatives born out of the UN 2019 Climate Summit are making progress in the fight against climate change, but much more still needs to be done.

Nuclear Fuel

NRA Approves Japan’s Mox Plant at Rokkasho

Japan’s mixed-oxide fuel plant under construction in Rokkasho, Aomori Prefecture, received Nuclear Regulation Authority approval on 9 December, despite the lac…

Crude Oil

Oil Production Cuts to End in Norway on December 31st

Throughout this year, Norway imposed oil production cuts to push up oil prices, as was reported by the Petroleum and Energy Ministry of the country.

Paris Climate Agreement

India: For Sustainable Economic Development, Net Zero Emissions in 2060

To remind the world that it will take more than ambition to deal with the biggest challenge confronting humanity, it will require solidarity and collaboration.

Paris Climate Agreement

After Five Years, Here are Five Things the Paris Agreement Achieved — And Didn’t

The Paris Agreement has survived the US withdrawal and normalised net zero, but emissions are still rising and vulnerable people are suffering from climate disa…

Offshore Wind Power

UK Plots Decarbonisation of Offshore O&M Vessels

ORE Catapult and Workboat Association to produce technology roadmap ahead of COP26

Paris Climate Agreement

Australia Confident About Achieving 2030 Climate Targets

Australia is confident it could hit its emission reduction targets for 2030 without resorting to the use of credits for achieving targets under earlier climate …

Paris Climate Agreement

Brazil Announces Net-Zero Target; Australia and Iceland Advance Goals

The energy minister of Brazil has said the country will aim for net-zero carbon emissions by 2060 or sooner – if other countries contribute $10bn per year to t…

Crude Oil

US Energy Agency Revises up Oil Price Forecast

Brent price expected to increase by 2.1%, according to Energy Info. Administration's Short-Term Energy Outlook for December

Oil Shale

Global Shale Industry on a Recovery Path After 8.1% Production Decline in 2020, Says GlobalData

Global shale production has taken a drastic hit in 2020, where shale oil is expected to drop by 11.7% year-on-year and shale gas production may see a 4.5% fall,…

Nuclear Fuel

Ukrainian Ministry Meets to Discuss Uranium Production Suspension

According to the national Ukrinform news agency, all uranium mining by state enterprise VostokGOK was suspended on 7 December.

CCS

CCC’s Sixth Carbon Budget Shows BECCS Needed to Achieve Net Zero

The U.K. Climate Change Committee on Dec. 9 released its Sixth Carbon Budget, which provides guidance on the volume of greenhouse gas emissions the U.K. can emi…

EV Market

India’s EV Market to be Worth $206 bn by 2030: Study

India’s electric vehicle market could be worth nearly $206 billion in the coming decade, if India were to achieve its 2030 electric vehicle ambitions, accordin…

Energy Transition

IRENA and AfDB to Support Investments in African Low Carbon Energy Projects

The IRENA and the AfDB have agreed to jointly scale up low carbon energy project investments and advance energy transition in Africa.