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

EIA forecasts that Brent prices will remain near current levels in 3Q21, averaging $68/b., and $60/b in 2022.

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.

Dubai Electricity and Water Authority (DEWA) has announced that its installed capacity has reached 12,900 megawatts (MW) of electricity and 490 million imperial gallons of desalinated water per day (MIGD) thanks to its state-of-the-art infrastructure, innovation and planning.

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

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

To start, Spain plans to phase out both coal and nuclear power generation.

Turkey intends to award 2,000 MW of solar and 2,000 MW of wind.

The Solar Energy Corporation of India (SECI) has initiated a tender for 1,200 MW of grid-connected wind projects.

Officials said the new power contract would begin in July 2022, when its existing contract with Shell expires, and run for 10 years.

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

UK strategy would take a "twin-track approach", she said. "It would not be blue or green, but both. Blue gives us volume as well as investment."

The UAE is investing in various hydrogen projects as the Gulf state seeks to capitalize on the global appetite for green energy products as the energy transition trend gains momentum.

Nuclear and renewables are the two principal, currently available options for low emission energy generation.