The plan proposes $100 billion in spending on upgrading and building out the nation's aging and regionally siloed electric transmission system. Various studies have estimated the U.S. will need to double or even triple its electric transmission capacity to successfully decarbonize its economy by midcentury.

As part of the new initiative which spans multiple government agencies, the Departments of the Interior, Energy and Commerce committed to a shared goal of generating 30 gigawatts of offshore wind in the US by 2030.

Norway does not actually need offshore wind farms for power - nearly all its electricity comes from renewables already - but instead sees the sector as a means of helping its vast oil and gas industry secure a new, low-carbon business model for the future.

As China’s largest hydrogen producer, Sinopec will focus on fossil fuel-based hydrogen production over the next five years and also start introducing “green” hydrogen using solar and wind power,

114 GW of new wind capacity was added globally in 2020, representing an 82% increase year-over-year (YoY)

Through the partnership, RPC and Benbros will work on 14 projects in the regions of Andalucía, Extremadura, Castilla la Mancha, Aragon and Murcia.

Over the past few years, Russia has introduced several state incentives aimed at keeping up with the rising role of renewables in the energy mix.

The ecological transition for Europe can only be fully effective, the Commission said, if the EU’s immediate neighbourhood also takes effective action.

The institutional framework in India attracts investments for its growing energy needs - private sector investments are allowed in coal mining, open up oil and gas retail markets.

Offshore wind farms can take advantage of major wind streams out in the ocean without taking up valuable real estate inland.

Nuclear energy can generate low-carbon hydrogen via a number of different ways.

China will preferentially give subsidies to wind and solar power companies, and further step up credit and loan support.

The cost of generating power from the sun has dropped more than 80% in the last decade, making it competitive with plants powered by fossil fuels like coal and natural gas.

The Sofia wind farm will be located 195 kilometres (121.2 miles) off the UK’s North East coast in the shallow area of the central North Sea, known as Dogger Bank. Once fully operational, it will be capable of producing electricity for 1.2 million UK homes per year.

Indonesia has a total capacity of 67 GW (end of 2019), distributed as follows: 52% coal, 27% gas, 10% oil, 8% hydroelectricity, and 3% geothermal.