BNEF estimates that the global annual green investments would need to almost triple to $6.9 trillion by 2030 to have any hope of getting to net zero by 2050.

Wind employs twice as many people as coal power generation. However, coal still produces 19.5% of our electricity while wind only accounts for 10.2%.

Historically, power cuts and outages were deemed a problem only for the developing world, however, we’re now seeing more of these issues in the so-called developed world, primarily driven by a lack of electricity infrastructure spend over many years.

The Brent crude oil spot price will average $80 per barrel (b) in 4Q23 and $84/b in 2024.

By 2021, wind, solar, and natural gas provided 48 percent of Germany’s electricity, and provided most of the electricity consumed in Italy (63%), the UK (64%), and the Netherlands (78%).

At the heart of the new energy paradigm is undersea cable technology, which is benefitting from improved laying techniques and a general acceptance of the idea that high-voltage direct current connectors can function safely over very large distances for many decades.

China had also previously offered a subsidy for EV purchases for more than a decade but the programme ended last year.

While renewable power generation from wind and solar continues to capture much of the peak power demand in The Electric Reliability Council of Texas, demand for gas-fired cooling is also up.

Global renewable capacity additions are set to soar by 107 gigawatts (GW), the largest absolute increase ever, to more than 440 GW in 2023.

The Brent crude oil spot price will average $79 per barrel (b) in the second half of 2023 (2H23) and $84/b in 2024.

Wind and solar need to be backed up, close to 100 per cent, by some other means of power generation. If that backup is provided by open-cycle gas or worse, coal, net zero will never be achieved: nor anything very close to it.

"China is one of the IAEA's most important partners and a global leader in nuclear energy,"

Adopting flexible load management (FLM) could deliver both customer benefits and support clean energy targets.

Artificial intelligence (AI) is revolutionizing various industries, and one area where its potential is particularly promising is in optimizing energy efficiency and reducing carbon emissions.

Hydropower currently provides 6% of all electricity in the United States and accounts for 32% of renewable-electricity generation, as well as 93% of all utility-scale energy storage.