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Oil and gas

11/9/2024 News

Increased oil and gas windfall tax will lose UK economy £13bn, says industry trade body

Offshore Energies UK (OEUK) has released new data modelling the impact of the government’s recently announced stronger Energy (Oil and Gas) Profits Levy (EPL), also known as the windfall tax, on the oil and gas sector’s contribution to UK economic growth. It claims that the proposed fiscal policy would generate a loss in economic value of around £13bn compared to the economic contribution generated under the current windfall tax regime.

Tidal Power

11/9/2024 Comment / Rémi Gruet

Tidal energy – finally moving towards commercialisation

With outputs predictable decades in advance, tidal energy technologies will eventually contribute to decarbonisation of Europe’s electricity system – and projects are now ready to enter European waters. Rémi Gruet, CEO of Ocean Energy Europe, outlines the current picture.

Aviation

An Emirates A380 aircraft and fuel tanker

29/11/2023 News

World firsts for sustainable aviation fuel

Virgin Atlantic yesterday became the first commercial airline to fly across the Atlantic in a Boeing 787 Dreamliner fuelled by 100% sustainable aviation fuel (SAF), while last week Emirates became the first airline to operate an Airbus A380 demonstration flight with one of the aircraft’s four engines powered by 100% SAF. Meanwhile, UK government funding has been awarded to a project demonstrating what is claimed to be the world’s first direct CO₂ hydrogenation process, turning CO₂ directly into SAF.

COP

Head and shoulders photo of Damilola Ogunbiyi

22/11/2023 Comment / Damilola Ogunbiyi

COP28 Perspective: My hopes and fears ahead of UN Climate Summit

COP28 could be the moment when the world goes beyond commitments and starts taking meaningful action for a clean energy transition; although, equally, it may not be. Damilola Ogunbiyi HonFEI, CEO and Special Representative of the UN Secretary-General for Sustainable Energy for All and Co-Chair of UN-Energy, previews the event.

Solar

12/3/2025 News

A tale of two countries: India achieves record rooftop solar capacity while Pakistan struggles to attract energy investments

India’s rooftop solar market reached a record 3.2 GW of new capacity in 2024, driven primarily by residential installations, according Mercom India Research. In contrast, neighbouring Pakistan faces significant challenges in enticing investments for its energy sector, even from long-standing ally China, reports the Institute for Energy Economics and Financial Analysis (IEEFA).

COP

View of packed audience listing to COP27 address from podium and shown on two large TV screens

9/11/2022 News

COP27 looking to deliver the promises of Paris

The United Nations Climate Change Conference COP27 opened in Sharm el-Sheikh, Egypt, on 6 November 2022 with the key aim of ensuring full implementation of the Paris Agreement goal of limiting global warming to 1.5°C by the end of this century.

Solar

Head and shoulders photo of Owen Power set against a light grey blue background

2/7/2025 Comment / Owen Power

Turning UK business’ rooftops into strategic energy assets

The roofs of commercial and industrial sector buildings remain underused as sites of new, decentralised solar power stations. But such systems could deliver serious business advantages to the building occupiers. Owen Power, CEO of renewable energy developer Greenvolt UK, makes the case for installing them.

Energy policy

Photo of Donald Trump's Presidential campaign's red baseball cap with slogan 'Make America Great Again'

13/11/2024 News

Trump’s election could reshape US energy policy and hinder global climate action

As President-Elect Donald Trump prepares to return to the White House in January 2025, the energy sector is bracing itself for significant shifts in US energy policy. Despite fears that his repeated pledge to prioritise oil and gas production could slow global efforts to combat climate change, many experts believe robust growth of renewable energy in the US will persist. However, the fall-out of Trump’s electoral success has already been felt at the COP29 climate negotiations, which opened in Baku, Azerbaijan, this week.

Decarbonisation

Head and shoulders photo of Benoit Hemon against grey backdrop

19/3/2025 Comment / Benoit Hemon

The long game of decarbonisation finance

The traditional approach of pursuing quick-win, low-cost carbon reduction projects at specific sites or facilities might provide incremental progress, but it often leaves high-impact sustainability projects requiring significant upfront capital on the back burner. Benoit Hemon, Managing Director EMEA of Engie Impact, explains how a more ambitious approach to climate action funding might be considered.

Renewables

Head and shoulders photo of Steve Hodgson, Editor-at-Large, New Energy World

1/3/2023 Comment / Steve Hodgson

Spreading renewables around the planet

In these days of rapid growth of renewable energy technologies, the geography of the global energy industry is itself also changing, writes New Energy World’s Editor-at-Large Steve Hodgson.

New Energy World™

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