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.

"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.

In accordance with Bahrain’s national energy plan, renewable energy will be an area of particular interest in order to consider potential business opportunities. In the LNG sector, the collaboration will target a more sustainable and efficient energy mix to meet Bahrain’s future energy needs. Eni’s unique know-how and expertise will also be leveraged to evaluate further exploration opportunities.

Tom Greatrex, CEO of the UK Nuclear Industry Association, said in a statement that, to reach net-zero emissions by 2050, and power a boom in electric vehicles and heating, the UK needed to quadruple its production of clean power.

In the AEO2020 Reference case, U.S. crude oil production reaches 14.0 million barrels per day (b/d) by 2022 and remains near this level through 2045 as tight oil development moves into less productive areas and well productivity declines.

U.S. renewable energy consumption totaled 924 trillion British thermal units (Btu), which accounted for 12% of U.S. total primary energy consumption.

Australia added 6.3 GW of new renewable capacity in 2019, against 4.8 GW in 2018

Renewables only accounted for 18.2% of total energy generated by November 2019, while coal alone produced 23.4% of the country’s electricity.

The oil and gas industry now needs to make clear what clean energy transitions mean for it – and what it can do to accelerate clean energy transitions.