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The IEA in 2024: Reviewing the Year

Energy Transition

The IEA in 2024: Reviewing the Year

COP28
04-12-2023

Ministerial Declaration Puts Nuclear at Heart of Climate Action
Twenty two countries have signed up to the goal of tripling global nuclear energy capacity by 2050, at the UN's COP28 climate change conference.Sama Bilbao y León said the significance of the declaration could not be overstated (Image:
COP28
04-12-2023

IRENA Call to Triple Renewables by 2030 Becomes a Key Commitment at COP28
At COP28 today, Heads of State agreed to triple global renewable energy capacity by 2030, aligning with the International Renewable Energy Agency’s (IRENA) World Energy Transitions Outlook on how to close the energy transition gap to stay on a 1
Ammonia
04-12-2023

GC Collaborates With Mhi to Explore the Utilization of Hydrogen, Ammonia and CCS Technology to Develop a Large-Scale Petrochemical Plant to Achieve Net Zero
PTT Global Chemical Public Company Limited (GC) signed a Memorandum of Understanding (MOU) with Mitsubishi Heavy Industries Asia Pacific Pte. Ltd. (MHI-AP) to jointly study the technologies required to develop a large-scale petrochemical complex that aims
Hydrogen Project
04-12-2023

Suez Canal and Scatec Sign $1.1 Billion Green Methanol Memorandum of Understanding
Egypt's Suez Canal economic zone and Scatec ASA have signed a memorandum of understanding (MoU) worth $1.1 billion to supply ships with green fuel, a Suez Canal statement said on Sunday.The MoU agreed on the sidelines of the COP28 conference held in D
Net Zero
02-12-2023

China Has Built 117 High-Precision Greenhouse Gas Observation Stations
China Meteorological Administration said Friday that it has, so far, established 117 high-precision greenhouse gas observation stations.To enhance its greenhouse gas observation capabilities, China has launched five satellites that can monitor global atmo
COP28
02-12-2023

UAE's Masdar, Malaysia Advance Agreement to Develop 10GW of Renewable Projects
Abu Dhabi Future Energy Company, known as Masdar, said on Friday it had signed an agreement to advance the development of up to 10 gigawatts (GW) of clean energy projects in Malaysia, building on a preliminary accord earlier this year.The company said it
COP28
02-12-2023

UAE President Announces $30 Bln Fund to Bridge Climate Finance Gap
President of the United Arab Emirates Sheikh Mohamed bin Zayed Al Nahyan attends the United Nations Climate Change Conference (COP28) in Dubai, United Arab Emirates, December 1, 2023. REUTERS/Amr Alfiky Acquire Licensing RightsUnited Arab Emirates Preside
Coal-Fired Power Plants
02-12-2023

Japan to Stop Building Unabated Coal Power Plants, PM Kishida Tells COP28
Japan's Prime Minister Fumio Kishida delivers a national statement at the World Climate Action Summit during the United Nations Climate Change Conference (COP28) in Dubai, United Arab Emirates, December 1, 2023. REUTERS/Thaier Al Sudani Acquire Li
Carbon Emissions
01-12-2023

UK PM to Unveil $2B Climate Investment at COP28
Sunak arrives at COP28 trying to show the UK remains committed to the climate cause after he watered down his green agenda.Rishi Sunak will pledge to spend GBP 1.6 billion ($2 billion) on climate projects, as the British premier arrives at the COP28 summi
Coal-Fired Power Plants
01-12-2023

EIA: Coal Generation Decreased in 2022, but Overall Us CO2 Emissions Increased
US coal-related CO2 emissions decreased by 7%, or 68 million metric tons (MMmt), in 2022 relative to 2021, according to the US Energy Information Administration (EIA). This decrease was largely due to an 8% decline in coal-fired power generation because o
COP28
01-12-2023

Exxon CEO Darren Woods Likely to Attend COP28 – Sources
Darren Woods, CEO of ExxonMobil, speaks at the Asia-Pacific Economic Cooperation (APEC) CEO Summit in San Francisco, California, U.S., November 15, 2023. REUTERS/Carlos Barria/File Photo Acquire Licensing RightsExxon Mobil Corp (XOM.N) Chief Executive Dar
Coal-Fired Power Plants
01-12-2023

US 'Good Neighbor' Plan Works to Cut Power Plant Emissions, Says EPA
A bird flies over the Three Mile Island Nuclear power plant in Goldsboro, Pennsylvania, U.S. May 30, 2017. REUTERS/Carlo Allegri/File Photo Acquire Licensing RightsEmissions from power plants have fallen sharply this year in the 10 U.S. states participati
Net Zero
30-11-2023

Pathways Alliance Advances Field Work in Key Canada CCS Project
'Significant engineering, subsurface evaluation and environmental field work has been completed'.The Pathways Alliance group of Canadian oil sands developers has expressed commitment to realizing a carbon capture and storage (CCS) project
Net Zero
30-11-2023

Olympus's Net-Zero Targets Approved by SBTi
TOKYO, Nov 30, 2023 - (JCN Newswire) - Olympus Corporation (Olympus), a global MedTech company committed to making people’s lives healthier, safer and more fulfilling, today announced that the Science Based Targets initiative(SBTi)[1] has verifi
Carbon Emissions
29-11-2023

Strong Policy Progress on Energy Efficiency Seen in 2023, but Meeting Climate Goals Means Moving Faster
Global commitment to double the pace of efficiency improvements this decade is crucial as record heat and growth in energy-intensive industries boost energy demandPolicy makers around the world expanded measures to promote energy efficiency in 2023, helpi
Net Zero
29-11-2023

CCUS Is a Key Technology to Tackle Climate Change
Today at the GECF Headquarters, HE Mohamed Hamel, Secretary General of the Gas Exporting Countries Forum, emphasized the crucial role of CCUS in tackling climate change.He stated, CCUS is a key technology to mitigate climate change. Dismissing CCUS as non
Carbon Emissions
28-11-2023

Occidental and Blackrock Form JV to Develop World's Largest Direct Air Capture Plant; $550M Investment, 500,000 Tonnes of CO2 per Year
Occidental recently announced that BlackRock will invest $550 million on behalf of clients in the development of STRATOS, the world’s largest Direct Air Capture (DAC) facility, in Ector County, Texas. Through a fund managed by its Diversified In
Carbon Capture
28-11-2023

Canada Oil Sands Carbon Capture Project to Make Final Investment Decision in Mid-2025
A truck drives down a street at Syncrude's oil sands operation on May 23, 2006 near Fort McMurray, Alberta. REUTERS/Todd Korol/File Photo Acquire Licensing RightsCanadian oil sands producers will start making final investment decisions on their pr
COP28
27-11-2023

COP28 Climate Summit Puts Spotlight on Turning Methane Pledges Into Action
A handout screen grab from thermographic video footage shot with an infrared camera and made available to Reuters on June 10, 2021 by Clean Air Task Force (CATF), shows what appears to be methane gas leaking from a rusty hole (small yellow rectangular sec
COP28
27-11-2023

Indian Prime Minister Modi to Attend COP28 in Dubai
Indian Prime Minister Narendra Modi waves as he visits International Media Center, on the second day of the G20 summit in New Delhi, India, September 10, 2023. REUTERS/Francis Mascarenhas/File photo Acquire Licensing RightsIndian Prime Minister Narendra M
Carbon Capture
27-11-2023

Indonesia Launches First Carbon Storage Project
Indonesian President Joko Widodo has freshly launched the construction of the country’s first carbon capture, utilisation and storage (CCUS) project in West Papua province, operated by the British multinational oil and gas company BP Plc.The CCU
Carbon Emissions
27-11-2023

China Turns to Households in Fight to Slash Carbon Emissions
Staff members work at a desk next to an exhibition for Shenzhen's metro carbon inclusion scheme, inside a subway station in Pingshan district of Shenzhen, Guangdong province, China October 19, 2023. REUTERS/David Kirton/File Photo Acquire Licensin
Carbon Emissions
25-11-2023

Jinkosolar Invited to Attend COP28 United Nations Climate Conference
This recognition is a testament to the company's substantial global influence and steadfast commitment to advancing photovoltaic (PV) technology. This high-profile event is scheduled to take place in Dubai, UAE, spanning from November 30 to Decemb
Carbon Emissions
25-11-2023

Ramboll and Wien Energie Establish Joint Venture to Help Decarbonise Vienna
The two companies, from the world’s two most liveable cities, Copenhagen and Vienna, have established a joint venture to help decarbonise the Austrian capital’s energy supply. The company will deliver planning, engineering and consulti
Carbon Emissions
25-11-2023

UN Aviation Meeting Agrees to Goal of 5% Lower Emissions by 2030
A TotalEnergies tanker truck with sustainable aviation fuel (SAF) is pictured during the 54th International Paris Airshow at Le Bourget Airport near Paris, France, June 19, 2023. REUTERS/Benoit Tessier/File Photo Acquire Licensing RightsA meeting of more

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The IEA in 2024: Reviewing the Year

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