A two-year-old plan to run 51 hydrogen buses in Montpellier and its neighboring regions was discontinued owing to cost overruns when elected officials discovered that electric buses would be six times cheaper to operate. Montpellier Horizon Hydrogen, a €29 million ($33 million) project that involves the construction of a small solar-powered green-hydrogen plant, was announced …
Renewable energy sources accounted for 22% of total final energy consumption in the EU in 2020. This is 2 percentage points (pp) more than the 2020 aim set forth in Directive 2009/28/EC on the promotion of the use of renewable energy sources. This is a significant achievement and a turning point in the EU’s efforts …
Renewable Energy Consumption in the EU up by 2pp Read More »
According to Fatih Birol, executive director of the International Energy Agency (IEA), stories claiming that volatility in gas and power markets is a consequence of the clean energy transition are “misleading”, Bioenergy-news.com reports. Natural gas and electricity prices have hit record highs in recent weeks and months, most notably in Europe and certain major Asian …
IEA: Market instability is not due to the shift to clean energy Read More »
BP and Oman will possibly construct several gigawatts of renewable energy and green hydrogen projects in Oman by 2030, boosting the British major’s gas business in the Middle East’s largest non-OPEC oil producer. According to S&P Global, BP and Oman’s ministry of energy and minerals inked a strategic framework agreement on Jan. 17 that will …
BP and Oman partnering in massive renewable energy projects Read More »
