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Energy Transition

Just Transition Support Platform for Developing Countries Launched

This forms part of the ADB’s commitment to ensure build capacity of developing countries.

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 …

Carbon Emissions

UK Sets Out Carbon Capture Plan

The UK government has published the UK’s first official CCUS framework that is expected to provide technical information to three major projects.

Hydrogen Project

World Bank Group Announces International Low-Carbon Hydrogen Partnership at COP27

The World Bank hydrogen partnership will foster capacity building and regulatory solutions, business models, and technologies toward the roll out of low-carbon …

Energy Transition

Hydrogen Overuse Could Hamper Renewable Energy Transition, Irena Says

Consumption of hydrogen by G7 countries will grow between 'four and seven times' by 2050.

Hydropower Plant

New Report Highlights Australia’s Massive Potential for Pumped Hydro

Researchers from The Australian National University (ANU) have released a detailed study outlining 1,500 additional locations across the country that could be u…

Gas Turbine

GE Runs Gas Turbine on Hydrogen Blend at Sharm El Sheikh Plant

Egypt’s Sharm El Sheikh power plant has successfully operated a GE LM6000 aeroderivative gas turbine on hydrogen–natural gas blended fuel.

Offshore Wind Power

Japan to Resume Offshore Wind Auctions in December With Revised Rules

Japan plans to resume public auctions for offshore wind power projects in December under revised rules aimed at encouraging a wider range of operators and accel…

EU

EU Financial Watchdog Launch Fact-Finding Dive Into ‘Greenwashing’

The European Union's banking, securities and insurance watchdogs launched a joint public consultation on Tuesday to help them better understand 'greenwashing' a…

Hydrogen Production

Egypt Signs Framework Deals in Bid to Launch Hydrogen Industry

Egypt signed eight framework agreements on Tuesday to develop green hydrogen and ammonia projects, saying it aimed to become a hub for hydrogen production and w…

Crude Oil

Russian Oil Output to Fall 1.4 Mln Bpd Next Year as EU Ban Takes Effect - IEA

Russian oil output is set to fall 1.4 million barrels per day(bpd) next year after a European Union ban on seaborne exports of Russian crude comes into effect, …

Energy Transition

COP27 Reignites the Debate About Carbon Credits

Some argue that a carbon credit scheme is an essential form of climate financing for developing countries, others argue that it could easily fall prey to green-…