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Decarbonisation

7/9/2022 News

What would it take to decarbonise the US electric grid by 2035?

A new report from the National Renewable Energy Laboratory (NREL) has found that several key challenges still need to be understood and addressed over the next decade to enable the speed and scale of deployment necessary to achieve 100% clean electricity, or a net zero power grid, in the US by 2035. Achieving this goal would be a major stepping stone to economy-wide decarbonisation in the US by 2050.

Energy markets

Clean energy compilation - solar panels, crops in a field, wind turbine and electricity pylon

1/2/2023 News

BP predicts carbon emissions could fall more steeply than estimated previously

The global carbon budget is running out, and oil and gas investment will be needed for another 30 years, are these are two key findings in BP’s latest Energy Outlook report.

Finance and investment

AI generated graphic of wind turbines, solar panels with a graph

11/6/2025 News

Global energy investment is set to rise to $3.3tn in 2025 amid economic uncertainty and energy security concerns

A surge in global energy investment (clean technologies + oil and gas) to a record $3.3tn in 2025 is forecast by the International Energy Agency (IEA), with clean energy expected to command double the capital of fossil fuels. But a new KPMG survey suggests that investor appetite is being tempered by policy uncertainty and tech risks.

Energy prices

Head and shoulders photos of Will Blyth (left) and Callum MacIver (right)

18/6/2025 Comment / Will Blyth,Callum MacIver

Zonal pricing for the GB electricity market, or fix transmission infrastructure first?

The introduction of zonal electricity pricing should come after the transmission grid has been upgraded to deal with a future zero carbon electricity system, argue Will Blyth, from Oxford Energy Associates and Callum MacIver, from Strathclyde University; both also work at the UK Energy Research Centre (UKERC).

Wind

26/3/2025 News

Further evidence published of Chinese dominance in global wind power markets, driven by domestic demand which remains patchy

Global wind turbine installations hit a record high in 2024, driven by rapid growth in mainland China. China is also dominating global wind turbine manufacturing, according to reports from BloombergNEF (BNEF) and Wood Mackenzie. Meanwhile, analysis from the Centre for Research on Energy and Clean Air (CREA) reveals a north-south divide in China’s clean energy progress.

Net zero / decarbonisation / energy transition

Head and shoulders photo of Sahaj Agrawal, Risk Analyst, Infospectrum

26/7/2023 Comment / Sahaj Agrawal

How prepared is India for the energy transition?

Given its enormous population and economic power, the progress of India’s energy transition will be essential to meeting global net zero emissions. Here, Sahaj Agrawal, Risk Analyst at Infospectrum, presents his thoughts on India’s preparedness for this energy transition.

Energy security

13/7/2022 Comment / Rob Gross

More can be done to help energy consumers through this crisis

With the Energy Institute’s (EI) Energy Barometer member survey focused on the UK’s response to the energy crisis, EI Trustee and UK Energy Research Centre (UKERC) Director Professor Rob Gross FEI examines three options that could yet be put in place to start reducing consumer bills before this winter.

Energy policy

Close up of wind turbine looking up from its base

7/8/2024 News

UK government unveils record budget for renewables auction, while raising oil and gas windfall tax

The new Labour government has announced that a record £1.5bn will be available to clean energy projects under this month’s renewables auction round, with £1.1bn on offer to offshore wind developers. It has also raised the Energy Profit Levy (also known as the oil and gas windfall tax) and extended it to 2030.

Energy policy

22/3/2023 News

UK budget extends energy subsidies and supports carbon capture and mini-nuclear reactors – but overlooks energy efficiency and renewables

Jeremy Hunt’s first budget as UK Chancellor of the Exchequer brought welcome relief to hard-pressed energy consumers, froze the fuel duty cut, and promised to pump billions into carbon capture and storage projects as well as support the development of small nuclear reactors. However, there was no support for energy efficiency initiatives or significant renewable energy infrastructure investment, despite lobbying by numerous industry and non-governmental organisation groups, writes New Energy World's Brian Davis.

Renewables

16/10/2024 News

Renewables on course to meet half of global electricity demand by 2030

Renewables are expected to meet nearly half of global demand for power by 2030, according to the latest analysis from the International Energy Agency (IEA), with more than 5,500 GW of new renewable energy capacity forecast to be installed worldwide between now and then. Two significant renewable projects, in Estonia and Australia, demonstrate how low-carbon ambitions are being made real.

New Energy World™

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