The agreement includes cooperation in the fields of demand management for renewable energy, reliable and sustainable operating of energy systems, and standard indicators of energy consumption in the industrial sector.

China aims to boost its pumped storage capacity to 62 GW by 2025 and 120 GW by the end of the decade.

Habeck said it was “completely indisputable” Germany will need more gas-fired power plants as a “backup” solution in case supply from renewables isn't sufficient.

China aims to boost its pumped storage capacity to 62 GW by 2025 and 120 GW by the end of the decade.

The country aims to instal 30 GW of offshore wind by 2030.

Saudi Arabia plans to generate 15109 gigawatt hours of electricity from renewable sources by 2024, supplying 692,557 houses with energy, the Kingdom's Gastat said on its website.

The Iranian Energy Ministry announced, last week, a plan to add another 10GW of renewable energy capacity over the next four years as part of an overall strategy to deploy 30GW of power generation capacity.

The Spanish energy group Iberdrola has reached an agreement with the Philippine wind developer Triconti ECC Renewables and Switzerland's Stream Invest Holding to develop five offshore wind projects in the Philippines with a total capacity of 3.5 GW.

Brent crude oil spot prices averaged $71 per barrel (b) in 2021, and we forecast Brent prices will average $75/b in 2022 and $68/b in 2023.

Renewables accounted for 59% of Portugal's power consumption in 2021

Germany will have just three nuclear power plants operating in 2022: Emsland (1406MW PWR) in Lower Saxony; Isar 2 (1485MW PWR) in Bavaria and Neckarwestheim 2 (1400MW PWR) in Baden-Württemberg.

In 2022, we expect 46.1 gigawatts (GW) of new utility-scale electric generating capacity to be added to the U.S. power grid,

The share of renewables in the power mix declined from 48% in 2020 to less than 43% in 2021, with 23% of wind, 9% of solar and 11% of biomass, hydropower and other renewables.

Overall, renewables accounted for nearly 47% of the country's power generation in 2021 (compared to 44% in 2020), with 23% of wind, 11% of hydro and 10% of solar.

Instead, the West – or at least the liberal West – has adopted the fantasy of 100% renewable energy within decades, in which both nuclear power and fossil fuels are eliminated.