Electric vehicles and offshore wind emerge as bright spots in a slower global investment quarter, according to new figures from Bloomberg NEF. China’s electric vehicle boom is attracting a massive amount money. Three Chinese EV firms alone raised a total of $1.9 billion from public market, venture capital and private equity investors during the third […]
Research, Reports & Ratings
Natural gas here to stay beyond energy transition, says Big Oil
Top oil firms including Royal Dutch Shell, BP and Total are adapting with growing urgency to the need to develop cleaner energy sources, investing more and more in solar and wind power, electric vehicle technology and even forestation LONDON: Energy companies are betting demand for natural gas will rise at break-neck pace for decades, undermining […]
Bioenergy leads growth in renewable energy consumption to 2023: IEA
LONDON: Bioenergy from liquid biofuels and biogas will lead growth in renewable energy consumption to 2023, due to its rising use in the heating and transport sectors, according to the International Energy Agency (IEA). Overall, renewable energy will continue to grow to 2023, accounting for 40 percent of energy consumption growth as countries cut their […]
Scientists to publish report on feasibility of climate targets on October 8
The IPCC aims to release the Special Report on Global Warming of 1.5 degree celsius on October 8 SEOUL/LONDON: The world’s leading climate scientists this week are preparing the final version of a cornerstone United Nations report to assess whether global temperatures can be kept in check this century to prevent the most damaging effects […]
A new study on the side effects of wind energy is almost begging to be misused by climate change deniers
Using wind power to generate the electricity the US needs could cause a surprising amount of local warming, according to a new study. But wind power would still help the world stop pumping carbon dioxide into the atmosphere, which would fight climate change and global warming. There’s concern that fossil fuel interests might misuse this idea to argue […]
Most Dow 30 companies really care about climate change; Microsoft is a global leader
Most of the companies in the Dow 30 are planning for climate change and in fact Microsoft Corp. is a global leader of sustainability, according to a new report. The results seemed somewhat surprising given the lack of mandatory reporting in the U.S. The U.S. is the only country in the world that is not […]
Hurry! Line up fossil fuel alternatives
Coal consumption has increased from 71.2 MT to 462.7 MT, while crude-petroleum consumption has gone up from 18.4 MT to 146.5 MT. India’s crude oil production fell for the sixth straight year in 2017-18 to 35.68 million tonnes, pushing the country’s import dependence for crude further to 82.8 per cent and dampening prospects for plan […]
How Renewables Lead to a World of Peak Energy
It can be hard to get your head around just how much energy the world uses. Expressed in terms of oil, it was equivalent to almost 14 billion metric tons of the stuff in 2017. That’s like burning through all of Russia’s proved reserves in the space of 12 months, which is, in technical terms, a lot. But […]
Renewables 2.0: Preparing for the new complexity of renewable energy in a post-subsidy world
Renewables 2.0: Preparing for the new complexity of renewable energy in a post-subsidy world As the deployment of renewable energy continues to expand around the world driven by various inputs such as capital allocation and investment, falling capital costs, competitive LCOE and various policy mechanisms, we are now moving towards a new era for renewable […]
IEA releases two reports on energy transitions in G20 countries
IEA releases two reports on energy transitions in G20 countries The IEA released today a pair of reports on energy transitions in G20 countries, describing progress and challenges along the path towards modernising and diversifying our economies, improving energy security, securing energy access, improving air quality, and of course mitigating climate change. In support of […]