Power Industry 2020 Predictions and Trends: Hydrogen Fuel Cells to Become a Key Player in the Reliable Energy Backup and Storage Space

Pakistan aims for a significant expansion of its use of nuclear power over the coming decades

setting a goal for the United States to plant a trillion trees by 2050 to fight global warming,

Turkey had invested around $40 billion in renewables over the last decade

Last year alone, the EBRD financed almost 2.25 GW of new renewables across its region. The Bank is currently working with 14 governments to start or launch renewable energy auctions.

Global energy-related CO2 emissions flattened in 2019 at around 33 gigatonnes (Gt), following two years of increases.

On Thursday 6th February 2020, the European Bank for Reconstruction and Development (EBRD), rated Aaa (stable) / AAA (stable) / AAA (stable), successfully issued its largest ever green bond at launch, a new US$ 925mn 5-year Global (SEC Exempt) Environmental Sustainability Bond,

Climate threats and associated risks are “very big complex problems that need complex solutions”

If current developments with small modular reactors in first month of 2020 are any indication of interest in this scale of nuclear technology, the 2020s could be the decade that SMRs take off. Here are six reports of interest in SMRs the U.S. and Europe.

installed offshore wind capacity in Europe reached a new record in annual installations with 3.6 GW connected to the grid in 2019 and raising Europe's total offshore wind capacity to 22.1 GW at the end of 2019

Mr Grossi said many countries were expanding or introducing nuclear power as part of their energy mix despite the Fukushima Daiichi accident in Japan almost a decade ago and highlighted its role in fighting climate change.

But the agency paints a deeply troubling picture for the country’s greenhouse gas emissions, with carbon pollution dipping briefly this decade, increasing in the 2030s, and falling only 4% overall by 2050,

"New targeted credit lines will support climate action by companies in Bulgaria, Italy, Romania and Spain, improve access to finance by energy, tourism and education companies in Serbia, help agriculture firms in Romania to expand and encourage circular economy investment in Spain," the EIB said in a statement.

Two dominant energy industry themes—the move to cleaner energy and digitalisation—can be combined to “positively impact each other”, Shell CTO Yuri Sebregts told the annual meeting of energy technology heavyweight Baker Hughes in Florence on Tuesday.

Hydrogen as a clean fuel is back with a new mission and better ways of producing it.