The Indonesian state-owned oil and gas company PT Pertamina plans to invest US$12bn to add 10 GW of "clean" power capacity by 2026, including 6 GW of gas-fired power plants, 3 GW of renewables such as geothermal and 1 GW from other projects like “blue” and “green” hydrogen.

We expect rising production will reduce the persistent global oil inventory draws that have occurred for much of the past year and keep prices similar to current levels, averaging $72/b during the second half of 2021 (2H21).

In addition, the Indian power utility NTPC has committed to halve its coal-fired power capacity and to set up 60 GW of renewable projects by 2032. NTPC’s current installed capacity stands at 66 GW, of which 54 GW is coal-fired.

While wording was removed from the original strategy calling for maximising nuclear utilisation, new reference was added in the latest strategy on the promotion of nuclear-related R&D and personnel training with an eye to the future.

“The United States and Canada have a shared commitment to protect our planet and ensure that all pockets of North America have access to affordable, clean energy,” said Granholm.

NNL says the UK has set a world-leading net zero greenhouse gas emissions commitment and the nuclear fuel cycle is crucial to the role of nuclear technology in decarbonising the future energy system.

Electrical generation by renewable energy sources (i.e., biomass, geothermal, hydropower, solar, wind) set a new record in April 2021 and accounted for 25.7% of total US production.

The UK’s Secretary of State for Business, Energy and Industrial Strategy, Kwasi Kwarteng, and Norway’s Minister of Petroleum and Energy, Tina Bru, issued a joint statement during Kwarteng's visit to Oslo for their first in-person meeting.

The eight tenders targeted contracts for 68 TWh of renewable electricity, but the auction result was 36.7 TWh at a value of PLN 8.5 billion (USD 2.26bn/EUR 1.89bn). In 2020, 54.5 TWh got contracted.

The industry’s current circular capacity is woefully unprepared for the deluge of waste that is likely to come.

The Plan targets non-fossil fuel energy reaching only 20% of China’s energy supply by 2030; this means that coal must remain China’s dominant electric power generation fuel source for the foreseeable future.

This past year has been a whirlwind for large cities with the pandemic, with a significant exodus of residents, talents, and life. People have been moving to smaller and medium-sized municipalities due to remote working opportunities, affordability, and quality of life.

The importance of nuclear power in helping to stabilize electricity grids and ensure a reliable and low carbon energy flow will increase with the rising share of renewables in the global energy mix,

The UK currently has around 14GW of installed solar capacity, and is on track to double that total by 2030 under existing market conditions.

In 2020, India’s electricity production declined by 2.5% at 1,557 TWh. The country has an installed capacity of 412 GW (end-2020).