Having deployed more than 5.6GW of solar in October, China’s cumulative additions for the first ten months of 2022 were 58.2GW, more than was installed in the whole of 2021.

The sweeping push to replace fossil fuel plants with clean energy is forcing US power grids to the brink of a twin crisis, making electricity unaffordable while raising the specter of more frequent blackouts, a member of the Federal Energy Regulatory Commission said.

Many things about the energy transition are foolish and driven not by science, but by feelings or politics.

“The UAE could be a key player and deliver 25 percent of the production of the global low-carbon hydrogen market by 2030,” the report reads.

Comparing a Solar Variable Renewable Energy Farm to an On-Demand Base Load Coal Fired Power Station is like saying you can use tomato sauce to replace vegetables.

Under this strategy, India plans to expand its green hydrogen production, increase electrolyser manufacturing capacity, and increase its nuclear capacity three-fold by 2032 (6.8 GW at the end of 2021).

Japan aims to expand offshore wind energy capacity to 10 GW by 2030 and 30-45 GW by 2040.

Hydrogen would be a key part of the future energy mix, with Saudi ambitions to produce 4 million mt/year of "clean" hydrogen by 2030.

An “Energy Superhub” is being constructed in Coventry, a city in the middle of the UK, which will harmonize a number of renewable technologies to maximize the benefits of decarbonized electricity.

Lithium, which, after a refining process, is used to produce cathode materials for lithium batteries, is currently produced almost entirely outside the United States.

Masdar, along with its Dutch joint venture company Infinity Power and Hassan Allam Utilities, has signed a memorandum of understanding (MOU) with Egypt’s Ministry of Electricity and Renewable Energy to construct a 10 GW onshore wind project in Egypt.

Growth in OPEC and non-OPEC oil production—most notably production in the United States— keeps the Brent crude oil price in our forecast lower on an annual average basis in 2023 than in 2022. Brent crude oil price will begin rising in 2H23.

«Несмотря на внешнее санкционное давление на Россию и Иран, торгово-экономическое сотрудничество между нашими странами продолжает демонстрировать устойчивый рост», – подчеркнул Александр Новак.

UAE Minister of Industry and Advanced Technology and Special Envoy for Climate Change Dr. Sultan Al Jaber and Special Presidential Coordinator Amos Hochstein signed the Partnership on behalf of the UAE and the US.

India’s cooperation with the UAE and the rest of the world in green energy will give an optimistic note on future energy scenario.