Renewable Energy
Energy sector needs firms with mentality of Tesla and Amazon to move forward, CEO says
The energy sector requires new companies with the mentality of a Tesla or Amazon to push forward in the years ahead, according to the ex-CEO of energy infrastructure powerhouse Snam. “It took a Tesla to disrupt … the car manufacturing sector, it took an Amazon to disrupt the retail market, and I think it’s going […]
Read More
World needs to accept the urgent need for fossil fuel investment now, BP CEO says
BP CEO Bernard Looney photographed in Texas on March 8, 2022. During a panel discussion on Oct. 31, 2022, Looney said his firm’s strategy was to “to invest in hydrocarbons today, because today’s energy system is a hydrocarbon system.” F. Carter Smith | Bloomberg | Getty Images BP’s strategy is centered around investing in hydrocarbons […]
Read More
Oil is all that Putin has left, U.S. presidential advisor Amos Hochstein says
Amos Hochstein photographed in Beirut, Lebanon, on October 27, 2022. Hussam Shbaro | Anadolu Agency | Getty Images Oil is all Russia’s economy has left following its invasion of Ukraine earlier this year, according to Amos Hochstein, special presidential coordinator for President Joe Biden. “Oil is the only thing they have left in that economy […]
Read More
EU strikes deal to ban the sale of new diesel and gasoline cars from 2035
An electric car being charged in Germany. The European Union is moving forward with plans to ramp up the number of EVs on its roads. Tomekbudujedomek | Moment | Getty Images The EU’s plans to phase out the sale of new diesel and gasoline cars and vans took a big step forward this week after […]
Read More
IEA says clean strength expense may perhaps exceed $2 trillion a 12 months by 2030 — but it truly is not adequate
Wind turbines photographed off the coast of Wales. Thoroughly clean vitality investment decision could be on system to exceed $2 trillion for every 12 months by 2030, according to the Global Electricity Company. Ben Birchall | PA Photos | Getty Photos Cleanse vitality investment could be on program to exceed $2 trillion for each calendar […]
Read More
Emissions reductions pledges ‘nowhere near’ what is necessary, UN suggests
A boat photographed in Turkey. This year’s COP27 local weather transform summit will glimpse to make on the do the job carried out at COP26 in Glasgow. Temizyurek | E+ | Getty Illustrations or photos Nations are not accomplishing adequate to restrict the planet’s temperature rise to 1.5 levels Celsius by the finish of this […]
Read More
UK trial will inject hydrogen into a gas-fired, grid-connected power station
An Iberdrola facility photographed in Spain. Europe is looking to develop a number of hydrogen projects over the coming years. Angel Garcia | Bloomberg | Getty Images Hydrogen will be injected into a gas-fired, grid-connected power station during a trial project set to last 12 months, in the latest example of how major companies are […]
Read More
France enters ‘white gold’ rush as top producer aims to source Europe with lithium
A Lithium-ion battery photographed at a Volkswagen facility in Germany. The EU is looking to improve the number of electric powered vehicles on its roads in the coming a long time. Ronny Hartmann | AFP | Getty Visuals Paris-headquartered minerals giant Imerys plans to acquire a lithium extraction undertaking that it is hoped will help […]
Read More
U.S. to deliver hundreds of thousands in funding for tidal electricity and river latest techniques
Though there is excitement about the prospective of renewable technologies this sort of as tidal electricity, there are difficulties when it will come to scaling up. Laro Pilartes / 500Px | 500Px | Getty Illustrations or photos The U.S. Department of Energy mentioned $35 million in funding would be manufactured available “to advance tidal and […]
Read More
A new four-year project will test the viability of large-scale wave energy in Europe
This image shows waters off the coast of Orkney, an archipelago north of the Scottish mainland that’s home to the European Marine Energy Centre. Capchure | Moment | Getty Images A 19.6 million euro (around $19.3 million) initiative centered around commercializing large-scale wave energy projects will be officially launched later on Wednesday, in a move […]
Read More