Spain approved in October 2020 a Hydrogen Roadmap through to 2030 with an expected investment of Eur8.9 billion in the sector with targets to reach 4 GW of electrolyzers and other targets.

Australia's hydrogen industry said more is needed from the government to help the industry reach commercial scale.

The Golmud Wutumeiren solar-plus-storage project has entered construction in Golmud, in Qinghai province (China).

Russia is considering developing hydrogen projects based on nuclear, natural gas and renewables, and plans to capitalize on domestic resources, existing energy supply routes, and proximity to potential future consumers in Europe and Asia.

India has set an ambitious target of achieving 175 gigawatts (GW) of renewable energy capacity by 2022, which includes 100GW of solar.

France targets 2.4 GW of installed offshore wind capacity by 2023 and between 5.2 GW and 6.2 GW by 2028.

Безуглеродные источники энергии – гидроэлектростанции, атомные электростанции, возобновляемые источники энергии – в 2020 году заняли 40,8% в структуре российской генерации, рассказал директор Департамента развития электроэнергетики Минэнерго России Андрей Максимов

The US$700m project, which is expected to generate 2 TWh/year, will include 140 turbines with a maximum power of 7 MW.

The global offshore wind industry installed 6.1GW of capacity in 2020, down slightly from a record 6.24GW in 2019, although GWEC expects a new record year in 2021, as China’s offshore wind sector rushes to install 7.5GW ahead of the expiry of current feed in tariffs (FITs).

The upcoming allocation round is expected to consist of up to 4.5 GW across the two areas (Utsira Nord and Sørlige Nordsjø II), with the technical potential being much higher.

According to the National Steering Committee for Electricity Development, Vietnam’s wind capacity will reach 6 GW in 2025 and 10 GW in 2030 and solar capacity will grow to 14.4 GW in 2025 and 20 GW in 2030.

The World Bank has awarded a US$380m loan to build the 1,040 MW Upper Cisokan pumped-storage hydropower plant, to be located between Jakarta and Bandung in Indonesia.

What fuels increased electricity production year-on-year? Coal – up 34.7% (112.5 million MWh) Wind – up 10% (17.4) Solar – up 29% (12.6)

We expect Brent prices will remain near current levels for the remainder of 2021, averaging $71/b during the fourth quarter of 2021 (4Q21). 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 to an annual average of $66/b.

China has unveiled a plan to expand its pumped-storage hydropower capacity to 62 GW in 2025 and 120 GW in 2030.