Energy Transition

Maritime CCS

Did you know: How many carbon capture and storage projects are on the North Sea?

Over the past few years, the North Sea supported efforts in Europe to capture carbon dioxide (CO2) from the atmosphere and store it underground. It has gathered momentum as governments and industry work to cut emissions in order to achieve their climate targets. With the use of carbon capture and storage (CCS) technology, CO2 emissions …

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Germany's power market reform will speed up in 2023

German recipe for energy crisis: Renewables provided 46.9% of the power used

Due to favorable weather, renewables made up 46.9% of German power consumption in 2022. This is an increase of 4.9 percentage points from the previous year, according to an industry group’s announcement this month. According to a joint statement from utility industry organization BDEW and the Centre for Solar Energy and Hydrogen Research (ZSW), the …

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India to inject $2 billion incentive for the green hydrogen industry

India is developing a $2 billion incentive scheme for the green hydrogen industry in an effort to reduce emissions and establish itself as a major exporter in the sector, according to three sources cited by Reuters. Senior government official and an industry manager involved in renewable energy said the $2.2 billion incentive intends to cut …

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Uniper needs to work with Masdar on the hydrogen project

On Thursday, German utility Uniper announced that it was collaborating with Masdar, a sustainable energy company in the United Arab Emirates (UAE), on a project to produce green hydrogen. This was a confirmation of a Bloomberg article. The Berlin government this week completed a 34.5-billion-euro ($36.55 billion) bailout of Uniper with approval from the European …

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Can world football champion Argentina win first place in renewable energy source investments?

The silver country really has great potential in several areas. There is no doubt that the first association for this country is football. Argentina, the country of tango and football, bases its entire passion, love, and life philosophy on this sport. By winning the gold medal at the World Cup, Argentina showed that it is …

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Investors urged the major oil and gas corporations to establish broad climate goals for 2030. They put pressure on the oil industry.

Investors increase pressure on Big Oil companies to adopt climate goals for 2030

A group of investors urged four of the major oil and gas corporations in the world to establish broad climate goals for 2030, putting pressure on the industry after a year in which governments turned their attention to energy security. Before the annual general meetings of BP, Chevron, Exxon Mobil, and Shell next year, activist …

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