Both the companies will work together in areas of blue and green hydrogen and various clean energy initiatives, according to a statement.

To speed up greening of the emerging hydrogen economy, the IAEA last month launched an initiative to develop a roadmap for the commercial deployment of hydrogen production using nuclear energy.

The last few generating units of southwest China's Baihetan Hydropower Station are being installed and tested.

A hydrogen production facility will be connected to the HTTR owned by JAEA to develop hydrogen production technology utilising the reactor’s high temperature heat.

The draft Power Master Plan VIII expects the installed power capacity in Vietnam to more than double between 2020 (around 70 GW) and 2030, when it should reach 146 GW.

Masdar and Hassan Allam Utilities have signed preliminary agreements with several parastatals in Egypt to set up a strategic platform that targets an electrolyser capacity of 4 GW in Egypt by 2030

The increase in U.S. electric power sector renewable generation during 2021 came mainly from more wind and solar generation as a result of more wind turbines and utility-scale solar power plants coming online.

By the end of 2021, global renewable generation capacity amounted to 3 064 Gigawatt (GW), increasing the stock of renewable power by 9.1 per cent.

Agreements were announced during the visit of Dr. Robert Habeck, German Federal Minister for Economic Affairs and Climate Action, to the UAE. They build upon the longstanding Emirati-German Energy Partnership as well as the Ministerial Emirati-German Hydrogen Task Force that was inaugurated in November 2021.

Nuclear's share of energy in the UK is currently about 16%, however almost half of the country's current capacity is due to be retired by 2025 and all but one of its reactors will retire by 2030.

According to data compiled by the U.S. Bureau of Economic Analysis, the Consumer Price Index (CPI) for ‘Energy’ in February 2022 was 25.6% higher than in February 2021, which is more than triple the increase of the CPI for ‘All Items,’ which was 7.9% higher over the same period.

Renewable sources accounted for more than one-eighth (12.61%) of the U.S. energy produced and 12.49% of the energy consumed for electricity, transportation, heating, and other uses.

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.

The committee said geothermal energy and nuclear energy have the potential to play a part in Singapore's future energy supply mix.