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Energy transition

Onshore wind farm on a hill surrounded by clouds

4/9/2024 News

Energy transition in US and Europe suffers from ‘reality gap’ between targets and project starts

Research from McKinsey highlights the disparity between target volumes of decarbonisation technology projects and those reaching final investment decision (FID) in the US and Europe. The global consulting firm calls the situation a ‘reality gap’. It also contends that the gap is widening.

Employment

Female engineer at work

14/2/2024 News

US researchers map the energy transition’s impact on jobs

New analysis by the Massachusetts Institute of Technology (MIT) has shown the places in the US where jobs are most linked to fossil fuels, with the aim to help policymakers better identify and support areas affected by a switch to renewable energy.

Energy transition

2/2/2022 News

Global investment in the transition reaches record high – but still not enough

Global investment in the energy transition totalled $755mn in 2021. This was a new record, signalling rising climate ambition and serious policy initiatives from countries worldwide, according to a new report from BloombergNEF: Energy Transition Investment Trends in 2021.

Access to energy

Solar panels in front of flag of Uganda

13/12/2023 News

Uganda sets out new net zero energy plan

Uganda’s Ministry of Energy and Mineral Development has issued a new roadmap for the country’s energy sector that sets out a pathway to meet economic, social and climate goals in a secure, affordable and sustainable way.

Workforce

Head and shoulders photo of Diana Davidson, standing outside, in front of hedgerow

1/4/2026 Comment / Diana Davidson

Britain’s energy transition faces a workforce reckoning

The UK has legally committed to one of the most ambitious energy transitions in the developed world. Even by 2030, it must accelerate offshore wind deployment, reinforce and digitise transmission networks, modernise distribution grids, expand nuclear capability, electrify heat and transport, and decarbonise heavy industry. Capital is available. Technology is advancing. Policy direction is broadly established. However, delivery depends on one factor which is now under acute pressure: skilled labour, writes Diana Davidson FEI, Founder and Managing Director of consultancy Vertemis.

Access to energy

Cartoon depicting family at home reading under a light

26/6/2024 News

The energy transition is becoming more unjust

The world remains off course to ensure access to affordable, reliable, sustainable and modern energy by 2030 (UN Sustainable Development Goal SDG7), according to a new report by the International Energy Agency (IEA), the International Renewable Energy Agency (IRENA), the United Nations Statistics Division (UNSD), the World Bank and the World Health Organization (WHO).

Energy transition

View from onshore of a drilling rig just off the coast

11/3/2026 News

DNV predicts UK will miss 2050 net zero target

The UK will not reach its net zero 2050 target until 2060, according to DNV’s Energy Transition Outlook UK 2026. DNV has extended its national forecast to 2060 as current progress indicates the country will still emit 130mn tCO₂e in 2050. This figure represents an 84% reduction relative to 1990 levels but falls short of the statutory obligation.

Energy transition

Wind turbines and gas plant reflected in solar panel

7/12/2022 News

Credible way to stay on track for climate goals ‘still exists’

‘Plausible’ pathways still exist to get on track for well below 2°C of global warming, if governments and companies take determined action to transition to low-carbon energy technologies, according to the latest report from BloombergNEF (BNEF).

Energy policy

Mario Draghi and Ursula von der Leyen, President, European Commission, holding the report

18/9/2024 News

The future of European competitiveness and the energy transition

Former Italian Prime Minister and European Central Bank Chief Mario Draghi has unveiled the much-anticipated report on the future of European Union (EU) competitiveness.

Bulk storage/terminals

Cylindrical bulk storage tank in foreground on left of photo, with pipes running to right and into distance, where a number of other storage tanks can be seen

EI Member only

7/1/2026 Feature / Kim Nordlund

In transition: transforming a fossil fuel terminal into a strategic renewables hub

Swedish fuel depot network operator Preem changed its Helsingborg, Sweden, depot from fossil fuels to renewables for a more sustainable future. Kim Nordlund, Head of Depot Management, Supply & Trading, Preem, provides an update.

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