When Congress passed the IIJA in 2021, it authorized $1.2 trillion in spending over five years for the country’s critical infrastructure - transportation, energy- broadband, water, technology, healthcare, education and more. Currently, it is estimated that between $345 billion and $400 billion has been disbursed to date.

The inclusion of development projects in Mpumalanga is an attempt to cushion that region from the economic impact of facilities closing down. Almost all of South Africa’s electricity — more than 80% of which comes from coal — is generated in the province.

We estimate Venezuela’s external debt stands at around US$167 billion. The majority is from the sovereign at US$107 billion, with PDVSA adding US$59 billion and ELECAR another US$1 billion. 21% is arrears due to missed interest payments.

The U.S. Department of Energy (DOE) announced up to $3.5 billion from the Infrastructure Law to boost domestic production of advanced batteries and battery materials nationwide.

Indonesia’s investment plan, known as the Comprehensive Investment and Policy Plan (CIPP), states that Indonesia aims to increase the share of renewable energy in its power generation to 44% by 2030 (18% in 2022).

A total of $3.5 billion will flow to 58 projects selected in 44 different states for funding. All the named projects are designed to make energy infrastructure climate-proof. Anticipated results include expanding clean energy suppliers, microgrid investments, and significantly increasing gigawatts of renewable energy capacity.

Addressing electric transmission capacity constraints and congestion is an existential necessity to maintain grid reliability while meeting demand.

Funding and support are abundantly available for clean energy projects in America. The federal government has allocated billions in funding to incentivize Americans to move to clean energy.

Национальный промышленный конгресс Prom Space объединяет представителей промышленности, заинтересованных ФОИВ и крупных институтов развития.

Минэнерго России ведёт работу по реализации проектов в рамках функционирования индустриальных центров компетенций (ИЦК) «Нефтегаз, нефтехимия и недропользование»

The board of directors of Orano has approved an investment of some EUR1.7 billion (USD1.8 billion) to raise the production capacity of the Georges Besse II (GB-II) uranium enrichment plant at the Tricastin site in southern France by more than 30%.

To reduce CO2 emissions, world leaders call for heavy industry to switch from natural gas and coal to hydrogen fuel. When hydrogen burns, the only combustion product is water vapor.

This month, the California Public Utilities Commission announced $200 million for utilities to invest in multi-customer microgrids.

The definition of a Smart City is “a municipality that uses information and communication technologies to increase operational efficiency, share information and improve both the quality of government services and citizen welfare.”

Oil has become the gift that keeps on giving. Aggressive long liquidation leaves the markets exposed to a strong geopolitical bid as it has a direct effect on oil production and transportation in the Middle East.