Portugal aims to reach carbon neutrality by 2050 and over €25bn should be invested in the energy sector in the next 10 years.

The 2030 Emissions Reduction Plan is the first one issued under the Canadian Net-Zero Emissions Accountability Act. Canada will release progress reports in 2023, 2025, and 2027.

Acceleration of the energy transition is essential for long-term energy security, price stability and national resilience.

Tim Holt highlighted the Middle East's role in providing fuels like green hydrogen to countries like Germany, where it would be an important step in its energy diversification, as it would benefit from taking hydrogen from countries in the world that have the right conditions at lower cost to produce it.

China will pursue its strategy to reduce the share of coal in its energy consumption, aiming to reach 17.3% of non-fossil energies in its total energy consumption in 2022, up from 16% in 2020.

The document regulates cooperation on the planning and implementation of projects for clean energy production, alternative and strategic gas supplies, security of energy supply, clean energy, and development of nuclear energy, the Ministry said.

The Biden administration has set a goal of a carbon-free electric sector by 2035.

Customers get a cost-effective way to generate their own power, a source of backup power in the event of grid outages, and payment for power they send back to the grid.

Berlin said it will bring down gas usage in power generation by "possibly keeping coal-fired power plants as a security standby for longer."

In his statement to the Emirates News Agency (WAM), Al Mazrouei said the UAE has made significant progress towards confirming its international leadership in the field of environmentally-friendly energy, with the operation of the plant’s second reactor while commending the efforts of relevant teams.

"The only commodity that can help solve the energy crisis in Europe in the short term is coal," said Sveinung Stohle, deputy CEO of Greek-based shipping company Angelicoussis Group. "Like it or not, coal will play a very important role."

By 2025, carbon-free energy sources should account for 20% of the energy mix and 39% of the power mix.

The German energy regulator Federal Network Agency (Bundesnetzagentur or BNetzA) has launched a tender for the development of 1,320 MW of onshore wind capacity.

According to media reports, Johnson said he wants the UK to get 25% of its electricity from nuclear power, up from the current 16%.

The goal of the National Infrastructure Plan 2050 (NIP 2050) is to create a foundation for achieving the NDP’s vision of inclusive growth.