Solar energy is looking more appealing than ever to institutional investors as a result of declining production costs, advances in technology, and a global push for a transition to clean energy. According to Bloomberg, by the year 2040, solar energy…
Iberdrola plans to have more than 80% of its high and medium voltaje grids around the world upgraded to smart technology by 2025
Iberdrola has committed to digitalizing more than 80% of its transmission and distribution networks by 2025 as part of its energy transition plan and in an effort to aid in the decarbonization of the economy. Grids are the foundation of…
Mechanical engineers dub net zero transition ‘world’s most ambitious engineering project’
A newly released report from the Institution of Mechanical Engineers outlines the engineering challenges that must be overcome in order to achieve net zero emissions. According to the leading trade body in the UK for mechanical engineers, the transition to…
Worldwide sales of e-cars break all records
Electromobility is gaining popularity all over the world. Sales of electric vehicles have increased significantly over the last three quarters in each of the three major markets, China, Europe, and the USA. Although China continues to be the unchallenged leader…
China’s plan to overtake the European market for electric vehicles
For some folks, the car would be their ideal vehicle. a 653 hp motor You can accelerate from 0 to 100 kilometers per hour in 3.9 seconds. This all-electric, all-wheel drive vehicle has a range of 500–700 kilometers, depending on…
German citizens continue to prioritize energy transition during the energy crisis
Despite the energy crisis's impact on prices and uncertainty, the majority of Germans still think the energy transition should be a top priority, according to a survey. According to the survey conducted by the Institute for Advanced Sustainability Studies, 69%…
Will recent conflict and energy crisis lead to a quicker transition to renewable energy?
As the conflict between Russia and Ukraine continues, countries all around the world are experiencing its impact. The globe has imposed severe sanctions on Russia and reduced oil and gas shipments, leading prices to skyrocket. Russia, one of the top…
Biden urges the US government to transition to carbon-free energy by the End of the decade
US President Joe Biden released an executive order urging the federal government to accomplish five ambitious targets, including carbon-free power by the end of this decade and net-zero emissions by 2050. According to the six-page order, at least half of…
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…