Tagged With Energy transition
Direct air capture must cut costs to succeed
29 November 2022
Project developers believe dramatic reductions are possible, but only with global policy support
Outlook 2023: The geothermal prize in tackling the energy trilemma
24 November 2022
Geothermal has seen limited development to date. But technological improvements and the prospect of critical mineral recovery could tip the balance of project costs
Outlook 2023: Three major trends to drive Europe’s PPA market
17 November 2022
Looking forward to next year, Pexapark explores three trends that will define the continent’s PPA sphere after a year of turmoil
Renewables sectors form alliance to drive deployment
16 November 2022
Associations representing sectors including green hydrogen, wind and geothermal launch unprecedented joint initiative at Cop27 in Egypt
Global headwinds for Cop27 climate talks
2 November 2022
High inflation and interest rates will hamper project development, but progress is still being made in key areas, says Energy Transitions Commission
No new oil and gas to meet 1.5°C
24 October 2022
Report from IISD says new hydrocarbon investments are not compatible with 1.5°C carbon budgets
Global carbon emissions set to rise in 2022 – IEA
19 October 2022
World on course for 33.8bn t of CO₂ emissions this year, but major deployments of renewables and EVs have slowed rate of increase
Transition investment falling short – Browne
18 October 2022
Annual investment only about a third of required levels as risks deter investors, say former BP chief and chair of Beyondnetzero
Mainstream targets energy major status by 2030
10 October 2022
New ownership positions renewables project developer for transition to long-term asset owner and operator
Low-carbon spending ratio must quadruple – BNEF
7 October 2022
Expenditure must increase dramatically in comparison with cash going to fossil fuels if nations are to meet goals of the Paris Agreement
Renewables still key to Europe’s post-crisis energy mix
5 October 2022
Medium-term strategy should stay focused on expansion of clean energy, say speakers at Energy Intelligence Forum
Energy transition a ‘massively complex’ challenge – van Beurden
5 October 2022
Shift to clean energy will take decades, but Shell has the skills to make it happen, outgoing CEO says
Geopolitical risks threaten transition
5 October 2022
Russia’s invasion of Ukraine has underscored how energy can be weaponised in times of conflict
UK’s Labour opposition ramps up renewables goals
28 September 2022
Policies would include creation of state-backed national energy champion to drive delivery of 100pc renewables by 2030
New UK PM deprioritises climate
7 September 2022
Leadership campaign and recent appointment of a climate-change sceptic to lead on energy brief indicate a potential deceleration of the energy transition
European majors to spend over a third of capex on low carbon by 2025
26 August 2022
Six of the largest European oil and gas firms have set 2025 targets for low-carbon investment as part of their climate transition plans, with goals to increase spending by 2030
Developers stay on course for Taiwanese offshore wind
18 August 2022
Despite geopolitical tensions and stringent localisation requirements, companies are gearing up for an upcoming offshore wind development tender
RWE raises 2022 renewables spend by 30pc
12 August 2022
German utility targets €5bn investment in renewables but confirms temporary restart of lignite power plants to support winter supply
Ipieca launches industry principles
11 August 2022
Global oil and gas association’s eight principles are grouped around four strategic pillars of climate, nature, people and sustainability
Burning developed fossil fuel reserves will exceed 1.5°C carbon budget
10 August 2022
Significant proportion of CO₂ from oil, gas and coal assets either producing or under construction must be left unburned, study says
World faces setbacks on energy challenges
10 August 2022
Slower-than-expected progress on nuclear power means the world must look elsewhere for decarbonisation options
Repsol boosts investment in transition technology
11 July 2022
Spanish energy company unveils two investment funds aimed at accelerating development and application of new technologies
UK must do more on climate targets – CCC
29 June 2022
Nation at significant risk of not meeting its fifth and sixth carbon budgets, says climate watchdog
Brookfield transition fund hits $15bn
24 June 2022
Fund aimed at decarbonising industries and scaling up clean energy is largest of its type dedicated to transition, asset manager says
EDP to invest €1.5bn in renewables
23 June 2022
Money will go to Ocean Winds, a joint venture with Engie that has an 11GW floating offshore wind portfolio
Energy price surge crimps Apac transition spending
17 June 2022
Increased state spending on fossil fuel subsidies has narrowed the scope for investment in renewables
World must cut 37gt CO₂ by 2050 – Irena
10 June 2022
Agency report identifies key technologies and actions needed to be consistent with 1.5°C pathway
Labor win bodes well for Australia’s renewables sector
7 June 2022
Government will remain under pressure on climate from growing electoral support for ‘teals’ and Greens
EU firms ready to invest in Chinese transition
7 June 2022
European businesses have the technology to support China’s push for net zero, but policy uncertainty and red tape are hindering investment, says the EU Chamber of Commerce in China
EU pushes for 45pc renewables by 2030
18 May 2022
European Commission seeks faster deployment of renewables as part of new €210bn plan to cut dependence on Russian energy imports
BP stands firm on renewable project returns
3 May 2022
Oil major slashes list of potential projects as new head of low-carbon business reviews investment cases
TotalEnergies says Q1 profits can fund transition
29 April 2022
Firm reported profits of $9bn in the first quarter of 2022, up from $6.8bn a year ago due to high oil and gas prices
Net-zero targets ‘inadequate’ to hit Paris goals – McKinsey
26 April 2022
Faster shift away from fossil fuels toward efficiency, electrification and new fuels needed to keep 1.5°C pathway in sight, according to consultancy
Shell says transition plan on track despite Ukraine crisis
20 April 2022
Scope one and two emissions down 18pc by end-2021 versus 2016 base year, company says in its latest energy transition progress report
Clean energy spending rises following Ukraine crisis
12 April 2022
Government spending on clean energy rises to over $710bn, but countries with limited fiscal means continue to neglect transition in effort to maintain food and fuel affordability
War drives ‘small acceleration’ in Europe’s transition
6 April 2022
Share of renewables in Europe’s energy mix rises as the continent turns away from Russian gas imports, DNV modelling shows
Transition aid to developing countries must accelerate
4 April 2022
Financial pledges need to be substantially larger to have an impact, Indian policy expert says
Russia crisis will accelerate transition
31 March 2022
Short-term increases in fossil fuel use will give way to an accelerated deployment of renewables
Tokenisation offers new path to the energy transition
30 March 2022
Tokenisation can play a key role in the growth of blockchain applications in the energy transition by enabling the recording and representation of assets such as carbon and renewable power certificates
SSE rules out fossil fuel divestment in transition
30 March 2022
UK energy company will retain unabated gas-fired power plants to support security of supply as it expands renewable portfolio, according to new net-zero transition strategy
RWE questions role of gas in transition
15 March 2022
German utility is reviewing its fuel options for new generation capacity as the Ukraine war hits energy markets with full force, CEO Markus Krebber says
PE Live: Portfolio optimisation – transition pathways to net zero
11 March 2022
Oil and gas companies are not short of options in terms of reaching net zero, but their portfolio decisions will determine the success of their transitions
Europe faces transition trade-offs amid Russian crisis
9 March 2022
More use of coal-fired power is likely in the short term, while new North Sea projects are not the answer, ETC chair Adair Turner tells Transition Economist
Transition metals risk supply crunch in 2030s
7 March 2022
Underinvestment and lengthening lead times for mining projects are hampering supply growth needed to meet demand, Wood Mackenzie says
Dutch oil and gas sector drafting energy transition pledge
1 March 2022
The Netherlands wants to be the cleanest place in the world to produce offshore gas and to play its part in the energy transition by leading CCS and hydrogen projects, says chairman of Dutch oil and gas lobby group
Oil firms should separate fossil and low-carbon businesses – Browne
16 February 2022
World undergoing disorderly energy transition that could be delayed by spiking fossil fuel prices, says former BP CEO John Browne
BP bets on bioenergy in accelerated transition plan
8 February 2022
European major to boost biofuel and biogas production as spending on transition business rises to 40pc of capex by 2025
Uncertainty preventing transition investments – WEC
27 January 2022
Covid-19 variants, economic growth and geopolitics are higher up the agenda for leaders than climate change
Shell targets new hydrogen and CCS projects in 2022
21 January 2022
Oil major must be a pace setter in energy transition with a bolder strategy, CEO Ben van Beurden says
Outlook 2022: The rise of rights-based claims in climate change disputes
20 January 2022
Governments but also, increasingly, corporates could face suits with far-reaching material implications for their futures
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