Renewable
2021, November, 18, 13:05:00
SAUDI, EGYPT WIND POWER 1.1 GW
Egypt targets 20% of electricity production from renewables in 2022 (10% achieved in 2020) and 42% for 2030, with 25% from solar, 14% from wind, and 2% from hydropower.
2021, November, 17, 13:50:00
GLOBAL ENERGY DEMAND WILL UP BY 28%
Global energy demand is set to increase from 275.4 mboe/d in 2020 to 352 mboe/d by 2045
2021, November, 17, 13:05:00
CHINA RENEWABLE SUBSIDY $600 MLN
China's finance ministry has set the 2022 renewable power subsidy at 3.87 billion yuan ($607.26 million),
2021, November, 16, 14:40:00
RUSSIA'S URANIUM GROWTH
Russia is the world's seventh-largest producer of uranium, with an output of 2,846 t in 2020. The country's uranium reserves reach 256,000 t.
2021, November, 16, 14:30:00
GERMANY RENEWABLE INVESTMENT €50 BLN
RWE aims at tripling its offshore wind capacity by 2030 from 2.4 GW to 8 GW and expanding its onshore wind and solar capacity from 7 GW to 20 GW.
2021, November, 16, 14:25:00
BRITAIN'S RENEWABLE INVESTMENT FOR TURKEY
Russia is the world's seventh-largest producer of uranium, with an output of 2,846 t in 2020. The country's uranium reserves reach 256,000 t.
2021, November, 16, 14:20:00
INDIA RENEWABLES NEED INVESTMENT
India’s energy demand will increase by 35% from 2019 to 2030.
2021, November, 15, 11:40:00
INDIA'S RENEWABLE INVESTMENT $20 BLN
Overall, AGEL's investments in renewables and hydrogen could total US$70bn by 2030.
2021, November, 15, 11:25:00
NETHERLANDS RENEWABLES + 10.7GW
The Netherlands aims to cut greenhouse gas (GHG) emissions by 49% by 2030 compared to 1990 CO2 levels, and by 95% by 2050.
2021, November, 11, 14:45:00
WIND ENERGY FOR VIETNAM 3.9 GW
Wind account for around 1% of Vietnam’s installed capacity, with 600 MW (2020).
2021, November, 10, 12:20:00
OIL PRICES 2021-22: $82-$72
We expect Brent prices will remain near current levels for the rest of 2021, averaging $82/b in the fourth quarter of 2021. In 2022, we expect that growth in production from OPEC+, U.S. tight oil, and other non-OPEC countries will outpace slowing growth in global oil consumption and contribute to Brent prices declining from current levels to an annual average of $72/b.
2021, November, 10, 11:45:00
BRITAIN'S CLEAN INVESTMENT FOR AFRICA $13 BLN
UK started last year reducing its support to overseas investments in fossil fuels and totally halted assistance this year amid the clean energy transition that country has embarked on.
2021, November, 10, 11:40:00
MOZAMBIQUE LNG IS BETTER
In April, TotalEnergies declared force majeure on the Mozambique LNG project and removed all of its staff from the site, after Islamist militants attacked the nearby town of Palma in late March, killing dozens.
2021, November, 9, 16:45:00
UAE, IRENA RENEWABLE PLATFORM
The UAE and the International Renewable Energy Agency (IRENA) announced the launch of the global platform on the sidelines of COP26, in Glasgow, the United Kingdom.
2021, November, 9, 16:40:00
UAE NET ZERO
The Abu Dhabi Department of Energy confirmed key sector initiatives over the next decade to help accelerate the UAE’s sustainable economic growth while supporting its ambitious Net Zero By 2050 Strategic Initiative, during COP26 in Glasgow.