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Nord Stream 2
Ukraine Lobbies for Cuts in Russian Nord Stream 1 Gas Shipments
Ukraine is working behind the scenes to convince Western allies to shift Russia’s shipments of natural gas from the Nord Stream 1 pipeline to Ukraine’s pipeli…
World Needs Extra $1.3 Trillion Energy Investment by 2030
The world needs to find $1.3 trillion of incremental investment by 2030 to boost all types of energy output and infrastructure from renewables to oil and gas to…
Digitalisation Is Transforming the Utilities Sector Through Increased Optimisation and Sustainability
Accelerated by urgent demands for increased connectivity, reduced costs, and improved operational efficiency – there has been a rapid growth and development in…
Oil Price
OPEC Minimum Oil Production Increase During March
OPEC oil production increased by just 57,000 barrels per day (bpd) in March from February, as African members’ struggles to pump more crude partially offset in…
LNG
Egypt to Maximise Gas Production and LNG Exports to Europe Following Deal with Eni
Italian oil and gas company Eni and Egypt’s EGAS have agreed for the latter to increase the production and supply of gas to Europe.
Energy Transition
New Partnership to Map out Global Wind Energy Workforce Training Needs
It is expected to support renewable energy development and help meet the huge increase of jobs required for the global energy transition.
China
Global Onshore Wind Capacity Rises 72.5GW in 2021
The global onshore wind market in 2021 saw a 72.5 gigawatts (GW) increase in capacity with China and US leading in installations, but is 18% lower than in 2020,…
Hydropower Plant
The Climate Risk for Hydropower
With climate change set to bring more severe and frequent storms to some parts of the world and an increased risk of drought to others, the risks to countries w…
Energy Transition
‘Lion’s Share’ of Global Power Additions in 2021 Were Renewables
Data released by IRENA shows that renewable energy continued to grow and gain momentum in 2021 despite global uncertainties, with global renewable generation ca…
Hydrogen Production
Global Hydrogen Market to Reach $12.17 Million by 2025
The global hydrogen market reached a value of nearly $9.8 million in 2020, having increased at a CAGR of 3.5% since 2015.
Philippines
Higher Generation Costs Push Philippine April Rates up
Higher generation cost has driven the overall rate for a typical household in the Philippines up by P0.53 to P10.18 per kilowatt-hour (kWh) in April, the Manila…
Energy Transition
Asia Needs to Increase RE Capacity 4 Times by 2030 to Fulfil Climate Targets
Asia has to increase its renewable energy capacity by four times to reach 5,442 gigawatts (GW) by 2030 from 1,338GW in 2020 to meet the target of limiting globa…
Solar Power Panel
World’s First Ocean Crossing by a Solar-Electric Vessel
Mahi Two, a Torqeedo-powered uncrewed surface vessel (USV), has become what is believed to be the first to cross the Atlantic Ocean using only solar power.
Philippines
Philippines to Speed up Decarbonisation of Power Sector
The Philippines is expected to accelerate the decarbonisation of its energy sector amidst increasing investor interest and rapidly expanding project pipeline, F…
Net Zero Emission
Global Green Finance Increased 100x in Last Decade
Green finance worldwide has grown by more than 100 times in the last decade.
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