S&P Global Commodity Insights, the leading independent provider of information, analysis, data and benchmark prices for the commodities, energy and energy transition markets, has issued its latest report on the Top 10 Trends in Clean Energy Technology in 2024. Continue reading
Tag Archives: Energy economics
AD NET ZERO MAKES SCIENCE-BASED TARGETS REPORTING MANDATORY FOR SUPPORTERS
Ad Net Zero supporters, global, and at a national level, are now required to set a public science-based net zero target. This can be done through either the Science Based Targets initiative, a commitment to the UN Race to Zero (including via the SME Climate Hub), The Climate Pledge, or other comparable alternatives. Supporters will also now be required to measure and report their progress annually. Targets will need to be created within 12 months if not already in place and Ad Net Zero will provide guidance to help supporters set, measure and report. An analysis of the industry’s path to net zero, based on the Ad Net Zero’s Global Group publicly reported targets, has been published on adnetzero.com, sharing how many of the industry’s biggest organisations are committing to decarbonisation and by what point. Continue reading
UAE and Egypt Advance Development of Africa’s Biggest Wind Farm
Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s leading clean energy companies, along with Infinity Power, Africa’s largest renewable energy developer, and Hassan Allam Utilities, a sustainable infrastructure focused investment platform, signed an agreement with Egypt’s New and Renewable Energy Authority to secure land to build a 10-gigawatt (GW) capacity onshore wind farm in Egypt, set to be one of the largest in the world, with a project value of over US$ 10 billion. Continue reading
How can governments and businesses weigh up the real ecological and social costs against the pursuit of net zero goals?
April 17, 2023 /Economy/ — The global energy transition is a complex and challenging process, with many trade-offs to consider. On the one hand, we need to reduce our reliance on fossil fuels in order to mitigate climate change. On the other hand, we need to ensure that the transition is fair and equitable, and that it does not lead to environmental or social problems.
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Bad energy habits are sweeping the world
A new survey of 6,000 homeowners and renters from across the globe has revealed that nearly 9 in 10 (89%) respondents globally ignore what’s best when it comes to energy efficiency in the home, despite 80% of those surveyed knowing how to use their household appliances in an energy efficient way. Continue reading
First Mode to combine with Anglo American’s nuGen™ to accelerate decarbonization across mining and heavy industry
Building on their recent joint success introducing the world’s largest zero-emission haul truck, creative engineering company First Mode and Anglo American have agreed to combine First Mode and Anglo American’s nuGen™ Zero Emissions Haulage Solution (“ZEHS”) under the First Mode name to accelerate the further development and commercialization of nuGen™ ZEHS. Continue reading