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Net zero / decarbonisation / energy transition

Head and shoulders photo of Charlie Bush

15/3/2023 Comment / Charlie Bush

Brave New Energy World – one year on

Last year, the Energy Institute (EI) combined Energy World and Petroleum Review into a single digital, weekly publication with quarterly printed roundups. New Energy World aims to reflect the EI’s purpose of creating a better energy future and accelerating a just global energy transition to net zero. Senior Editor Charlie Bush reflects on some of the magazine’s key findings.

Carbon emissions

View of chimney emissions at a power plant at sunset

8/3/2023 News

Global carbon emissions rose less than initially feared in 2022

The risk of runaway emissions growth resulting from a shift to coal amid the global energy crisis failed to materialise last year as growth in clean energy (renewables, electric vehicles (EVs), heat pumps, efficiency etc) offset much of the impact of greater coal and oil use, according to the latest analysis from the International Energy Agency (IEA).

Energy prices

8/3/2023 News

Call for continued help with bills despite UK energy price cap reduction

The UK energy regulator Ofgem has cut the energy price cap for the period 1 April–30 June 2023, but energy bills are still set to rise as government support reduces at the end of March.

Net zero / decarbonisation / energy transition

8/3/2023 News

Setting sights on Spain

A new green hydrogen project unveiled by BP at its Castellón refinery, together with 19 planned solar farms, will contribute to decarbonising Spain’s economy and improve energy security for both the country and more widely in Europe.

Energy consumption

Radiator shaped as a house against blue wall

8/3/2023 News

Need to heat buildings down by a fifth since 1979

The need to heat a given building has decreased considerably in the European Union (EU) over the past four decades, according to new analysis from Eurostat, with the heating degree days (HDD) value falling by 19% between 1979 (3,510 degree days) and 2022 (2,858). In other words, only 81% of the heating needs were required in 2022 compared with 1979.

Solar

8/3/2023 News

Largest renewables project in Jordan comes online

The Baynouna Solar Energy Company, a joint venture between Masdar and Finnish investment and asset management group Taaleri, has announced the formal inauguration of the 200 MW Baynouna Solar Park – thought to be the largest clean energy project in Jordan.

Finance and investment

Rows of solar panels on solar farm in Africa, with residential buildings in background

EI Member only

8/3/2023 Feature / Rolake Akinkugbe-Filani

The rise and rise of Africa’s clean tech ecosystem and investors

What are the likely investment mechanisms by which the ‘sleeping giant’ continent of Africa is to realise its very significant clean tech potential? Rolake Akinkugbe-Filani, Chief Commercial Officer at Mixta Africa, an infrastructure developer, and a Member of the Advisory Board at Persistent, a climate and renewable energy venture-builder and early-stage investor, takes a detailed look at how finance and technology are coming together.

Decommissioning

close up of oil oil and gas platform in North Sea

EI Member only

8/3/2023 Feature / Selwyn Parker

Decommissioning – the world’s biggest scrap project

Decommissioning the world’s ageing energy infrastructure, be it offshore oil field platforms, off- and onshore wind turbines, solar panels and much else besides, is a massive task with varying rules and levels of compliance. Selwyn Parker reports.

Wind

8/3/2023 News

European wind experiencing a crisis of confidence

The European Union (EU) built 16 GW of new wind capacity in 2022, but it isn’t enough to meet the region’s 2030 goals, according to WindEurope, which says there is a clear need to restore investor confidence and ramp up the sector’s supply chain.

Carbon capture and storage

Clouds of smoke being emitted from industrial scene

8/3/2023 News

US announces $2.5bn fund for carbon capture technologies

The US Department of Energy (DOE) has announced $2.52bn in funding for two carbon management programmes in a bid to catalyse investments in new technologies and significantly reduce CO₂ emissions from electricity generation and hard-to-abate industrial operations.

New Energy World™

Search results:

Brave New Energy World – one year on

Global carbon emissions rose less than initially feared in 2022

Call for continued help with bills despite UK energy price cap reduction

Setting sights on Spain

Need to heat buildings down by a fifth since 1979

Largest renewables project in Jordan comes online

The rise and rise of Africa’s clean tech ecosystem and investors

Decommissioning – the world’s biggest scrap project

European wind experiencing a crisis of confidence

US announces $2.5bn fund for carbon capture technologies