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The IEA in 2024: Reviewing the Year
Net Zero
06-06-2024
Azerbaijan Hoping to Cut Emissions With $2 Bln Green Energy Investment
An aerial view of the Caspian Sea near the city of Baku is pictured through the an airplane window, in Baku Azerbaijan May 27, 2019. REUTERS/Amr Abdallah Dalsh Purchase Licensing RightsAzerbaijan is hoping to raise the share of renewables across its energ
Carbon Emissions
05-06-2024
China's New Fuxi AI Weather Model Eyes Maritime Transportation, New Energy Sector
Chinese scientists have upgraded an AI-powered large model, forming part of the FuXi series, for climate and weather forecasting, featuring improved accuracy. They are exploring the model's application in maritime and aviation transportation, and
Biofuel
04-06-2024
Babcock & Wilcox Signs Agreement to Proceed With Work for BECCS Project in Michigan
Babcock & Wilcox announced today that it has been granted a limited notice to proceed (LNTP) by NorthStar Clean Energy to begin work on a bioenergy with carbon capture and torage (BECCS) conversion of a former coal-fired power plant in Filer City, Mic
Net Zero
31-05-2024
South Korea Plans 70% Carbon-Free Power Generation by 2038, Draft Shows
Children play in water as Wolseong Nuclear Power Plant is seen in the background in Gyeongju, South Korea, August 21, 2022. REUTERS/Kim Hong-Ji/File Photo Purchase Licensing RightsSouth Korea plans to generate 70% of its electric power from carbon-free en
Carbon Storage
31-05-2024
Queensland Outlaws Carbon Storage in Australia's Biggest Aquifer
Australia's Queensland state will ban carbon capture and storage in a giant aquifer that spans much of its territory, the state government said on Friday, after an outcry from farmers who said such projects could poison their water supply.The deci
Carbon Capture
30-05-2024
German Cabinet Approves Plans to Allow Carbon Transport and Storage
Germany's cabinet approved on Wednesday a draft bill to allow carbon dioxide capture and storage for some industrial sectors as Europe's biggest economy aims to become carbon neutral by 2045 while keeping heavy industries, government sourc
Biofuel
29-05-2024
DOE Funds 7 Carbon Removal and Storage Projects Focused on Biomass
The U.S. Department of Energy on May 28 awarded funding to seven biomass with carbon removal and storage projects that will use plants and algae to remove carbon dioxide from the atmosphere for permanent storage underground or in long-lived products.The s
Net Zero
28-05-2024
Germany's Scholz, France's Macron Urge Reform on "Mortal" Europe
German Chancellor Olaf Scholz shakes hand with French President Emmanuel Macron as they attend a state dinner at Bellevue castle in Berlin, Germany May 26, 2024. REUTERS/Liesa Johannssen Purchase Licensing RightsGerman Chancellor Olaf Scholz and France&am
Carbon Capture
24-05-2024
Veolia to Manage Low Carbon Energy Supply for Some of the Tallest Residential Towers in Canary Wharf
Under the 25 year agreement Veolia will manage and deliver low carbon heating and cooling supplies to the mixed-use 80,000 m2 development on a year round 24/7 basisThis will guarantee delivery of 850kW of heating and 600kW of cooling to the network that w
Carbon Capture
23-05-2024
Trial Carbon Capture Unit Begins Operating on Blast Furnace at Arcelormittal Gent, Belgium
ArcelorMittal and partners Mitsubishi Heavy Industries, Ltd. (MHI), BHP, along with Mitsubishi Development Pty Ltd (Mitsubishi Development) have successfully started operating a pilot carbon capture unit on the blast furnace off-gas at ArcelorMittal Gent
CCS
22-05-2024
Global Carbon Emissions Pricing Raised Record $104 Bln in 2023
An aerial view shows a plant of Omsktechuglerod company producing carbon black in Omsk, Russia October 4, 2021. REUTERS/Alexey Malgavko Purchase Licensing RightsCountries raised a record $104 billion last year by charging firms for emitting carbon dioxide
Renewable Energy
21-05-2024
Minnesota Governor to Sign Energy Infrastructure Permitting Act Into Law, Delivering Essential Reforms to Meet State's 2040 100% Carbon-Free Electricity Standard
An essential package of permitting reform provisions that just passed the Minnesota Legislature—now on its way to be signed into law by Minnesota Governor Tim Walz—is the culmination of a nine-month effort by clean energy businesses, utilities, state agen
Carbon Emissions
20-05-2024
USAID Funds $11 Million to Help Ho Chi Minh City Achieve Net-Zero Emissions Goal
On May 17, the United States Mission to Vietnam, through the US Agency for International Development (USAID), and Ho Chi Minh City Department of Industry and Trade (DoIT) celebrated their joint success in a five-year partnership advancing renewable energy
COP29
18-05-2024
Azerbaijan Sets Priorities Ahead of COP29
In recent years, Azerbaijan has accelerated work to achieve the UN Sustainable Development Goals (SDGs) until 2030, including the international program on "green" transformation. In particular, projects in the field of alternative energy, decarb
Carbon Capture
15-05-2024
Indonesia's Pertamina, Exxonmobil, KNOC Sign Deal for CCS Hub Development
Indonesia's state energy firm Pertamina, U.S. major ExxonMobil and South Korea's KNOC on Wednesday signed a framework agreement for a carbon capture and storage (CCS) hub development in Indonesia. Pertamina and ExxonMobil also signed a dea
Carbon Emissions
14-05-2024
Japan to Craft 2040 Strategy of Decarbonisation and Industrial Policy
A worker walks near a factory at the Keihin industrial zone in Kawasaki, south of Tokyo, November 30, 2015.REUTERS/Thomas Peter Purchase Licensing RightsThe Japanese government will map out by the end of March next year a new national strategy encompassin
CCS
13-05-2024
Inpex, JERA Team up on Cross-Border CCS Scheme
Inpex chief executive Takayuki Ueda.Photo: INPEXJapan’s largest E&P company Inpex and compatriot JERA are to jointly study the feasibility of establishing a Japan-Australia carbon capture and storage (CCS) value chain involving the capture o
Carbon Emissions
11-05-2024
Japan Energy Summit and Exhibition Hosts and Sponsors Demonstrate the Importance of Accelerating Decarbonisation
Japan Energy Summit & Exhibition emerges as a crucial platform for facilitating and showcasing collaborations between energy giants- The event convenes over 4,000 attendees, 150 exhibiting companies, 450 delegates, 130 speakers, 150 government represe
Carbon Capture
10-05-2024
Geothermal-Powered Mammoth Direct Air Capture Facility in Iceland Goes Online
Unveiling of the Mammoth direct air capture and storage facility in Iceland (source: Climeworks)Swiss company Climeworks has announced the start of operations of Mammoth, the world’s largest direct air capture and storage (DAC+S) facility to dat
Carbon Capture
09-05-2024
Climeworks Opens World's Largest Plant to Extract CO2 From Air in Iceland
A view of a computer-rendered image of Climeworks' Mammoth direct air capture plant, is seen in this undated handout picture obtained by Reuters June 28, 2022. Climeworks/Handout via REUTERS Purchase Licensing RightsClimeworks has opened the world
Carbon Capture
08-05-2024
MHI Agrees to Collaborate With Chiyoda Corporation for Licensing of CO2 Capture Technologies
-- Partnership Will Strengthen MHI's Position in Japan's Growing CCUS Market --- The two companies will leverage their strengths to meet decarbonization needs in a wide range of industries for CO2 capture projects in Japan.- This strategic
Energy-Eficient Building
07-05-2024
Ohio Seeks $189 Million in EPA Funds to Electrify State Fleets, Retrofit Public Buildings
(Courtesy: Ricardo Gomez Angel/Unsplash)by Kathiann M. Kowalski, Energy News NetworkOhio Gov. Mike DeWine’s administration is seeking $189 million in federal Inflation Reduction Act funding to help implement the state’s first climate a
Carbon Emissions
07-05-2024
Microsoft Signs Deal with Swedish Partner to Remove 3.3 Million Metric Tons of Carbon Dioxide
Microsoft signed a deal to remove to permanently remove 3.3 million metric tons of carbon dioxide with Swedish energy company Stockholm Exergi, the companies announced on Monday.The contract with Microsoft is the world’s largest carbon removal d
Carbon Emissions
30-04-2024
Progress! U.S. Energy-Related CO2 Emissions Dropped 3% in 2023
Based on analysis in the most recent U.S. Energy-Related Carbon Dioxide Emissions report, U.S. energy-related CO2 emissions decreased by 3%, about 134 million metric tons (MMmt), in 2023.According to the U.S. Energy Information Administration (EIA), more
Oil & Gas Trade
28-04-2024
COP29 Climate Summit Host Azerbaijan Defends Oil and Gas Investments
A nodding donkey pumps oil in an oil field in the settlement of Balaxani near Baku, Azerbaijan, October 5, 2017. Picture taken October 5, 2017. REUTERS/Grigory Dukor/File Photo Purchase Licensing Rights, opens new tabBERLIN, April 26 (Reuters)Azerbaijan,
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Most views from Climate Change
1
US Climate Law Has Boosted Solar, Batteries; Hydrogen, Other Initiatives Lag
2
Decarbonising Coal Use in India: Role of Carbon Capture, Utilisation, and Storage
3
Indonesia Begins Carbon Trading Program for Coal-Fired Power Plants
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ABB’s Porvoo Factory Achieves Carbon-Neutral Operations
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Maersk signs green methanol deal with China's Goldwind
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"Co-creating with Customers to Transform Japan's Domestic Power Network into a Carbon-neutral and Resilient Electricity Infrastructure"
