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Net Zero Emission
Carbon Credit Use Could Curb Company Climate Action, Warns UK Advisers
The use of cheap carbon offsets by companies to meet net zero targets could curb their efforts to cut emissions and slow the delivery of climate goals.
United States
U.S. Will Use SPR Barrels Responsibly Where It Makes Sense to Stabilize Markets -Official
The Bryan Mound Strategic Petroleum Reserve, an oil storage facility, is seen in this aerial photograph over Freeport, Texas, U.S., April 27, 2020. REUTERS/Adre…
Smart Meter
Smart Meters and Heat Pumps to Drive Belgian Domestic Flexibility
Octopus Energy Group’s entech platform Kraken will control domestic assets such as heat pumps, smart meters and other energy tech to automatically reduce bills…
Carbon Emissions
Shippers Focus on LNG, Biofuels, Methanol to Meet Emissions Targets
Shipping and commodities firms will commission more ships partly powered by liquefied natural gas (LNG) next year while ramping up trials for biofuel bunkering …
OPEC
OPEC Oil Cuts Bad for Global Economy, Treasury Secretary Janet Yellen Tells Financial Times
U.S. Treasury Secretary Janet Yellen said a decision by the OPEC+ grouping to cut oil production was "unhelpful and unwise" for the global economy, especially e…
OPEC
Kremlin Praises OPEC+ for Countering U.S. 'Mayhem'
The Kremlin on Sunday praised OPEC+ for agreeing production cuts that had successfully countered the "mayhem" sown by the United States in global energy markets…
Energy Storage System
Netherlands Commissions Country’s Largest Energy Storage System
An energy storage system (ESS) co-located with solar and wind power assets is now online at a research center in the Netherlands.
Net Zero Emission
Global Aviation Body Icao Sets 2050 Goal for Net Zero Carbon Emission Air Travel
New aircraft technologies, streamlined flight operations and the increased deployment of sustainable aviation fuels will play crucial roles towards target
Energy Storage Project
Grid Booster: World’s Largest Storage-as-Transmission Project Gets Green Light
Fluence Energy and TransnetBW have announced future deployment of the Grid Booster project, touted as the world’s largest battery-based energy storage-as-trans…
Austria
Austria’s OMV Targets Expansion of Low Carbon Business
Vienna-headquartered energy company OMV says that it will be focusing on geothermal energy as an essential part of its strategy.
Natural Gas
Natural Gas Markets to Remain Tight in 2023 as Russia Cuts Supply, IEA Says
Global gas consumption will decline by nearly 1% in 2022
Wind Turbine
Developing the Next Generation of Direct-Drive Wind Turbines
Motivated by the need to eliminate expensive rare-earth magnets in utility-scale direct-drive wind turbines, Sandia National Laboratories researchers developed …
Carbon Emissions
France’s Totalenergies Plans to Spin off Canadian Oil Sands Assets
TotalEnergies said on Wednesday it is looking to spin off its Canadian oil sands operations and list the new company on the Toronto Stock Exchange, as the asset…
CCS
Are Carbon Capture Projects Helping Us Meet Net-Zero Targets?
Technology that removes carbon dioxide from the atmosphere is crucial in the fight against global warming.
Microsoft Partnership Spurs Use of Ontario’s Hydro and Nuclear Assets
Ontario Power Generation (OPG) and Microsoft have announced a strategic partnership to tackle climate change and drive sustainable growth across Ontario.
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