Energy Transition

Azerbaijan and the United Arab Emirates will investigate the use of renewable sources of energy in the railway industry.

Azerbaijan, UAE Explore Use of Renewable Sources in Railway Sector

Azerbaijan and the United Arab Emirates will investigate the use of renewable sources of energy in the railway industry. This is evident in the agreement of understanding on cooperation in renewable energy sources and energy efficiency signed on March 15 by Azerbaijan Railways and the Masdar firm of the United Arab Emirates during a groundbreaking …

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The UK has set ambitious emissions goals, but lacks strategy

GE Expect Recovery in Company’s Renewable Energy Sector

General Electric’s (GE’s) worldwide energy business CEO stated that the firm expects its power and renewable energy operations to be profitable in 2023, and even more successful in 2024, after weathering market headwinds that present challenges this year. Speaking at the company’s March 10 investor day event, Scott Strazik claimed GE is prepared to turn …

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offshore wind farm

Azerbaijan Looks to Increase Renewable Energy Production Capacity

Azerbaijan, a country that traditionally produces oil and gas, looks to increase the production capacity of renewable energy, local media reported. Azerbaijani Minister of Energy of Azerbaijan Parviz Shahbazov announced his country’s plans while speaking at a panel discussion on energy security within the Diplomatic Forum in Antalya framework. According to the minister, Azerbaijan contributes …

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energy transition

REPowerEU New EU Attempt to Reduce Energy Dependence on Russia Through Accelerated Energy Transition

Complete elimination of dependence on Russian energy in the countries of the European Union and creation of alternative opportunities, almost entirely based on renewable energy sources is the main goal of the new REPowerEU plan. According to the plan, full energy independence from Russian energy should be achieved by 2030, with the implementation of the …

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