Considering the Paris Climate Agreement, it is not surprising that climate problems are frequently discussed at international conferences such as the G20 and G7. The country’s energy transition is not a stand-alone endeavor, but rather is part of a broader national and worldwide movement that includes energy security issues, energy commerce, and development assistance, all of which are covered by the ENERGY NEWS under the topic “GLOBAL” (Global).
To stabilize the grid, a Texas business employs Bitcoin mining powered by renewables
A Texas-based energy technology startup has secured $150 million to build Bitcoin mining farms that use sustainable energy. Lancium's expansion strategy includes the creation of 2,000 megawatts of capacity throughout its Clean Campuses, which are located in places where renewable…
Sinopec has committed $470 million to a 300MW hydrogen electrolyzer in China
Sinopec, China's state-owned oil company, has begun work on an electrolyzer that will create 20,000 tonnes of green hydrogen per year. According to Chinese official media, the facility will be powered by a new 300MW solar system with a 618GWh yearly capacity. The $470 million (CNY3 billion) project will comprise power transformation, hydrogen storage, and transportation infrastructure. According…
Are oil and gas companies committed to the shift to renewable energy? This is what the evidence indicates
There is a certain level of cautious optimism when it comes to oil and gas firms' energy shift. When Shell was compelled by a Dutch court to increase its climate activity, or when ExxonMobil and Chevron went head-to-head with climate…
OPEC considers the shift from oil to renewables to be risky
According to the Organization of Petroleum Exporting Countries (OPEC), the narrative that the energy shift is from oil and other fossil fuels to renewables is "misleading" and "possibly hazardous." This comes only hours After the release of the Glasgow Climate…
Vattenfall has finished the Final turbine base for the 240-MW Scottish wind project
Vattenfall has finished the Final turbine foundation concrete pour at its 240MW South Kyle wind project in south-west Scotland. The wind farm has a total of 50 foundations. According to Vattenfall, construction is eight months ahead of schedule, with work…
The global storage sector is expected to explode
The US and China are expected to generate 358GW/1028GWh by 2030, according to BNEF. According to the latest prediction from research firm BloombergNEF, global energy storage installations will total 358GW by the end of 2030. (BNEF). By the end of…
In 2030, the UK’s hydrogen demand is expected to reach 10 TWh
According to a new analysis from Cornwall, the UK sector might have a low carbon hydrogen demand of 10 TWh in 2030, rising to up to 37 TWh by 2050. The insight paper looks at businesses that use hydrogen now…
IEA: The Role of Nuclear Energy in Achieving Net Zero
Nuclear power, according to the International Energy Agency (IEA), can help countries achieve net zero energy goals. "Net zero is a Herculean effort," stated Dr Fatih Birol, Executive Director of the International Energy Agency, speaking at a COP26 UK Presidency-organized…
With 100% traceable renewable energy, Scottish Wind Powers COP26
All three COP26 permanent locations on the banks of the River Clyde in Glasgow are powered by SSE Energy Solutions. Because renewable energy can be traced directly to individual wind farms run by SSE Renewables, the business was able to…
RWE expands its renewables business in Spain
In Spain, RWE is constructing two new solar farms with a combined capacity of 88MW. The 44MW Casa Valdes and 44MW Puerta del Sol solar farms will be built near Madrid in the province of Guadalajara. The first phase of…