The auction is set to support the Irish ambition of reaching 80% of power generation from renewables and a 51% reduction in its greenhouse gas (GHG) emissions by 2030,

REPowerEU is about rapidly reducing our dependence on Russian fossil fuels by fast forwarding the clean transition and joining forces to achieve a more resilient energy system and a true Energy Union.

The project is set to reach a storage capacity of 5,230 MW and involves 10,800 MWh of daily storage capacity from a pumped-storage plant, with the integration of 3,000 MW of solar and 550 MW of wind capacity.

Saying no to Russian energy means that Europe will systemically and for the long term become the world’s most costly region for energy resources.

The global energy system is broken and bringing us ever closer to climate catastrophe.

China’s Shandong Provincial Energy Administration has called for proposals to build 10 fixed offshore solar PV power plants, with a combined capacity of 11.25 GW and set to be realised between 2022 and 2025.

All this progress, however, could be derailed without a massive overhaul of America’s antiquated electric infrastructure – a task some industry experts say requires more than $2 trillion.

Due to the ongoing geopolitical crisis, the EU member states have set up a purchasing platform for gas, LNG and hydrogen. In this way, one wants to become more independent of Russian energy imports and react against the strong price fluctuations of natural gas.

The energy transition to net zero emissions will likely take longer than planned, and the cost will be much higher than most realize.

Truck manufacturers and the freight industry would benefit from a future on-route charging and hydrogen re-fueling system on Britain's motorway (freeway) network.

The Philippines has an installed capacity of 26.8 GW (end-2021), with 41% of coal, 17% of oil, 14% of hydro and 13% of gas.

The world added a record 295 gigawatts of new renewable power capacity in 2021, overcoming supply chain challenges, construction delays and high raw material prices, according to the IEA’s latest Renewable Energy Market Update.

Both the companies will work together in areas of blue and green hydrogen and various clean energy initiatives, according to a statement.

Norway intends to hold licensing rounds for new acreage at regular intervals from 2025 onwards.

The Brent price will average $107/b in 2Q22 and $103/b in the second half of 2022, the average price to fall to $97/b in 2023.