With net zero commitments increasing pressure on the energy industry to move away from fossil fuels, there is a race to market for renewable energy projects. Whilst renewable energy may be part of the solution for global warming, these projects face their own problems. This can range from inflation and …
Read More »IEA Sees Russia Crisis Accelerating Transition to Clean Energy
The upheaval in oil and gas markets triggered by Russia’s invasion of Ukraine could accelerate the world’s transition away from fossil fuels, said the International Energy Agency. Western nations are looking for ways to quickly wean themselves off Russian energy exports. The U.K. and the U.S already announced bans on …
Read More »EU to Support Transition to Clean Energy in EaP Countries
The European Union (EU) will support energy transition in the Eastern Parnetship (EaP) countries, as it has launched the second phase of its EU4Energy program – “Promoting the Clean Energy Transition in the Eastern Partnership Countries: EU4Energy Phase II, Trend reports with reference to the European Commission. The Program, which …
Read More »Oman to Launch Green Hydrogen Alliance
Adding new momentum to its ambitions to jumpstart the growth of a Green Hydrogen economy in the country, Oman is preparing to create an ‘alliance’ of local and international investors and related stakeholders to help accelerate development of zero-carbon energy projects in the Sultanate. A framework for the proposed ‘Oman …
Read More »UAE can be Major Low-Cost Blue Hydrogen Producer
The United Arab Emirates can become one of the world’s biggest and lowest-cost producers of blue hydrogen, Abu Dhabi National Oil Co. Chief Executive Officer Sultan Al Jaber said. The OPEC country aims to cut its emissions by 24% by 2030 compared with 2016, Al Jaber said Tuesday at the …
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