Oil & Gas (O&G) companies in fact increased their overall investment into various forms of clean energy by over 30%

The Council of the European Union has approved a regulation creating the €17.5bn Just Transition Fund (JTF).

A new “Hydrogen Alliance” was launched by the UAE Ministry of Energy and Infrastructure and three of Abu Dhabi’s largest government-backed companies (Mubadala Investment Company, Abu Dhabi National Oil Company, and ADQ) in January 2021

China Three Gorges Renewables (75% owned by China Three Gorges Corporation) had a total capacity of 11.9 GW as of September 2020, with 58% of wind, 40% of solar and 2% of small hydro.

Tax credit extensions and cash refunds for clean energy are current motions under consideration in the US House of Representatives cabinets.

The measures starting 2022 were needed to deliver on a new 2030 climate law draft

In 2021, annual global energy investment is set to rise to USD 1.9 trillion, rebounding nearly 10% from 2020 and bringing the total volume of investment back towards pre-crisis levels. However, the composition has shifted towards power and end-use sectors – and away from traditional fuel production.

North Macedonia has unveiled an €8.2bn investment plan for the 2021-2027 period, including €3.1bn for the energy sector.

Located in the Northern Cape province, the projects, which would require a US$1bn investment, include a 225 MW/1,140 MWh battery storage.

The £10bn (€11.6bn) project, comprising 200 floating wind turbines, would supply power to offshore oil and gas facilities

Final Investment Decision (FID) to develop Phase One of the Bacalhau field in the Brazilian pre-salt.

Overall, nuclear energy is riskier and has a worse environmental impact than wind energy, while wind is enormously less costly.

Gain attributable to the owners of PJSC Gazprom amounted to RUB 447,263 million for the three months ended March 31, 2021.

In March Westinghouse said it will source and develop a supply chain that could create more than 2,000 jobs in Poland if it is selected as a nuclear power partner for Poland with its AP1000 reactor technology.

The project is expected to cost NOK30-35bn (€2.9-3.4bn).