Energy Transition

energy transition

EC Announces Additional Financial Mechanisms to Accelerate Energy Transition in EU

The European Commission has announced an additional 210 billion euros, which will be made available to investors investing in renewable energy sources. These funds will have to be used by 2027 to provide as many renewable sources as possible, which will reduce the European Union’s (EU) energy dependence on Russia. This is part of the …

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Repsol

Repsol Sells a Quarter of its Renewables Business to Boost Expansion

Repsol, the Spanish oil and gas company, has sold a quarter of its renewables business to a consortium led by Crédit Agricole Assurances and Energy Infrastructure Partners (EIP), PVTech informed. With the consortium engaged in growing investment, the €905 million purchase will help the unit’s sustained expansion in the renewables industry, permitting entrance into newer markets …

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One of the main garrisons of the US Army - Fort Bragg in North Carolina, has launched the first army floating solar power plant.

The Solar Panels Boom – A Transition That Will Cost Trillion Euros

High energy prices and the war in Ukraine provoked a boom in solar panels, recent data of orders from solar panel manufacturers showed. This year they received twice as many requests from potential consumers. According to Chinese manufacturers of solar panels, revenue for the first quarter of this year increased by 92% compared to the …

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The German government is looking for additional ways to save gas and fill underground gas storage (PHG), at the expense of more active use of coal power plants

Australia Set To Bring Coal-fired Power Plants Back Amid Current Energy Crisis

Australian authorities intend to reopen closed coal-fired power plants to overcome the country’s energy crisis, resources minister Madeleine King said on Tuesday. The Australian official said that the decommissioning of aging coal-fired power plants, a process which began in 2020, was “a major driver of the country’s energy crisis.” Therefore, operators “should return them to …

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According to a new roadmap, China aims to double its wind and solar capacity by 2025, which also allows the world's second-largest economy to increase the number of coal-fired power plants to improve energy security.

China Seeks to Double Wind and Solar Capacity, Without Forgetting Coal

According to a new roadmap, China aims to double its wind and solar capacity by 2025, which also allows the world’s second-largest economy to increase the number of coal-fired power plants to improve energy security. The world’s biggest polluter has previously calculated that it needs to double its use of wind and solar power by …

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Innovative stoves based on biofuel systems will generate heat and electricity from waste with near-total efficiency and very low emissions.

Nineteen EU Countries Are Accelerating the Transition to Renewable Energy

Nineteen of the 27 EU member states have announced more ambitious medium-term plans for their transition to renewable energy in response to the  war in Ukraine and soaring fossil fuel prices, according to a new report from the Center for Energy and Clean Air Research, an independent research group based in Finland, and Ember, a …

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