The circular carbon economy concept has been endorsed by G20 member states but has yet to be put into practice, and the kingdom has not revealed any timelines or targets associated with the plan.

The UK Treasury said yesterday it is important to consider large-scale nuclear projects in addition to Hinkley Point C (HPC) if the country is to meet its net-zero by 2050 target.

“The global energy market is changing, humanity needs new, efficient, more environmentally friendly energy sources not as a replacement, but as an alternative to traditional hydrocarbons. And hydrogen will definitely occupy its niche in the energy of the future,” said TPU.

US investment into wind and solar energy will total $55 billion in 2020

In April, Turkey's power production from local and renewable sources was at the level of 80%, Dönmez said, adding that these numbers indicate records on a monthly basis since 2000.

Canada targeted an 80% reduction in GHG emissions by 2050 compared to 2005 levels.

These objectives will require a total investment of close to EUR 800 billion (USD 949.5bn) between now and mid-century, the commission estimates.

Driven by global climate and carbon reduction goals, the offshore wind industry is expected to reach 234 GW by 2030,

China had slashed the subsidy in 2020 from the previous year by around 30%

The way to climate neutrality has to be paved by a multitude of technologies, approaches and market mechanisms. Within this mix, flexibility stands out as one of the essential features of the energy system of the future.

With renewable energy making up a staggering 70% of Kenya’s energy mix in 2018 (Onyango, 2018) and as high as 87% as of January 2020, (Zarembka, 2020) one would be curious to see what steps Kenya took to shape its renewable energy landscape and attract private sector investment.

Particular attention was paid to the role and significance of natural gas as a green energy source in the context of Europe's decarbonization policy goals.

The agreement brings together the best-in-class in low carbon technologies from ADNOC and Total, and expands on the long-standing partnership and collaboration between the two leading energy producers across the full value chain.

The UAE's Federal Authority for Nuclear Regulation (FANR) and Saudi Arabia's Nuclear and Radiological Regulatory Commission (NRRC) have agreed to cooperate in nuclear and radiation regulatory matters, and to form topical working groups.

The pressure on Energy Solution Providers has been building for quite some time. Instead of backing coal, new finance is getting behind renewable energy and putting shareholder pressure on forcing decisions on those still involved in the fossil fuel areas.