Ge

Net Zero Emission

COWI to Support Equinor’s Energy Transition

To fulfil the Paris Agreement and become carbon-neutral by 2050, the world has started a decisive global transition to low carbon and renewable energy, with off…

United States

NERC Warns of Tight Generation Resources, Fuel Supply Issues This Winter

Power shortfalls could be rife over the next three months across a large portion of the North American bulk power system (BPS), particularly during extreme and …

Energy Storage Project

US Long-Duration Energy Storage Demos to Receive $350M Funding

Projects that are capable of delivering electricity for 10 to 24 hours or longer will be supported.

Hydrogen Project

Masdar-Led Consortium to Develop 2GW Green Hydrogen Project in Egypt

The first phase of the project is expected to operate by 2026.

Global Commission Formed to Accelerate Approvals of Renewables, Green Hydrogen

It is expected to present its recommendations to the UN General Assembly in September 2023.

G7 Hydrogen Consumption Could Grow by up to 7 Times

IRENA asked the G7 countries to lead the market.

Ammonia

Power Facilities to Potentially Use 100 MT of Low-Carbon Ammonia as Feedstock by 2050

Conventional market low-carbon demand expected to reach 21 Mt globally by 2030, but cost remains challenging.

EU

COP27: EU and Egypt Unite Behind Green Hydrogen and a Just Transition

The EU and Egypt have signed a cooperation agreement to develop renewable hydrogen and prepare the groundwork for a just transition in Egypt.

Solar PV to Overtake Onshore Wind in Latin America From 2023

Solar leads as lowest cost technology to 2050, superseding all other power generation technologies in region

Net Zero Emission

Turkey Needs EUR 9.6 Billion Annually to Achieve Climate Goals

Turkey will need around EUR 9.6 billion of investments annually to raise the capacity of solar, wind, and storage technologies and reduce fossil fuel consumptio…

Hydrogen Project

ReNew Unit, Egypt Gov’t to Develop Green Hydrogen Plant

The plant will be located in the Suez Canal Economic Zone

Hydrogen Technology

South Korea Unveils New Hydrogen Policies

It aims to be a global hydrogen powerhouse.

Energy Transition

Indonesia to Get $20B Under Just Energy Transition Partnership

The country’s plans include peaking the power sector’s total emissions by 2030.

Crude Oil

Iraq Targets 7-Mln-Bpd Oil Output Capacity in 2027 – Somo Head

Iraq plans to increase its oil production capacity to around 7 million barrels per day in 2027, head of state-owned oil marketer SOMO Alaa Alyasri told Reuters …

South Korea

Saudi Aramco to Pump $7 Bln Into Biggest Petchem Investment in South Korea

Saudi Aramco plans a $7-billion investment at a South Korean affiliate's factory in the port city of Ulsan to turn out more high-value petrochemical products, t…