Oil 2024, the latest edition of the International Energy Agency’s (IEA) annual medium-term market report, forecasts that global oil demand will peak by 2029 and begin to contract the following …
energy transition
-
EnergyLatest News
IRENA Council Convenes to Assess Critical Issues Facing Energy Transition
by salehThe International Renewable Energy Agency (IRENA) is convening today in Abu Dhabi for its 27th Council meeting. The two-day meeting gathers representatives from 105 countries to discuss critical issues facing …
-
Developing storiesEnergy
Fossil Fuel’s Climate Financing Farce: Industry Claims Action, But Shift Remains ‘Fantasy’
by salehIn 2023, as climate records were broken, extreme weather events caused destruction and displacement, and international conflict raged on, fossil fuel companies raked in sky-high profits with record payouts for …
-
It has been announced that the COP29 Presidency, Azerbaijan, will partner with IRENA to monitor renewable energy progress, specifically efforts towards tripling renewable energy capacity and doubling energy efficiency by …
-
Hitachi Energy has announced plans to invest an additional $4.5 billion in manufacturing, engineering, digital, R&D, and partnerships by 2027 to support energy transition efforts. This investment complements its recently …
-
The International Energy Agency (IEA) has released its ‘COP28 Tripling Renewable Capacity Pledge: Tracking countries’ ambitions and identifying policies to bridge the gap’ report. The report covered more than 145 …
-
Saudi-listed ACWA Power has signed a memorandum of understanding (MoU) with the Tunisian Government to explore the potential for a green hydrogen project. The project would produce up to 600,000 …
-
EnergyLatest News
Masdar Signs Strategic Agreements for Renewable Energy Projects in Indonesia
by salehAbu Dhabi Future Energy Company PJSC – Masdar recently signed strategic agreements for new renewable energy projects in Indonesia on the sidelines of the 10th World Water Forum in Bali. …
-
This week, an honouring ceremony was held in Abu Dhabi to recognise the contributions of politicians, former heads of state, policymakers, and indigenous people to COP28 and its outcome. There, His …
-
EnergyLatest News
Kahramaa Launches Qatar National Renewable Energy Strategy, Targets 4 GW of Renewables by 2030
by salehThe Qatar General Electricity and Water Corporation “Kahramaa,” recently announced the launch of the Qatar National Renewable Energy Strategy (QNRES). The Strategy was developed with 22 key energy actors in Qatar and aims to increase and diversify …