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Energy transition
Energy Transition
Hydrogen Overuse Could Hamper Renewable Energy Transition, Irena Says
Consumption of hydrogen by G7 countries will grow between 'four and seven times' by 2050.
Energy Transition
COP27 Reignites the Debate About Carbon Credits
Some argue that a carbon credit scheme is an essential form of climate financing for developing countries, others argue that it could easily fall prey to green-…
Net Zero Emission
GE and IRENA Sign Collaborative Agreement at COP27 to Support the Global Climate Change Agenda
GE signed a framework agreement with the International Renewable Energy Agency (IRENA) to collaborate on a plan which will support both climate change and energ…
Offshore Wind Power
Nine New Countries Sign Up for Global Offshore Wind Alliance at COP27
COP27 has seen nine new countries – including Belgium, Colombia, Germany, Ireland, Japan, the Netherlands, Norway, the UK, and the US – join the Global Offsho…
Net Zero Emission
IEA Calls to End New Coal as Climate Change Threats Rise
A new IEA special report provides an analysis of what it would take to bring down global coal emissions rapidly enough to meet international climate goals.
Net Zero Emission
U.S., Japan and Partners Mobilise $20 Bln to Move Indonesia Away From Coal Power
A coalition of countries will mobilise $20 billion of public and private finance to help Indonesia shut coal power plants and bring forward the sector's peak em…
Hydropower Plant
Comment: Hydropower Is the ‘Forgotten Giant’ of the Energy Transition
Eddie Rich, CEO of the International Hydropower Association and Pascal Radue, CEO of General Electric Hydro Solutions, explain why the often-overlooked hydropow…
Electric Vehicle Battery
The Move Toward More Sustainable Batteries
Batteries presently play a major role in the energy transition and could even be the key to kickstarting the decarbonization of several industries, including th…
Net Zero Emission
COP27: India Lays Out Plan for Long-Term Decarbonization
India will prioritize a phased transition to cleaner fuels and slashing household consumption to achieve net zero emissions by 2070.
Natural Gas
‘Vaccination-Style’ Intervention Needed to Solve Energy Crisis, UK Energy Boss Says
The average U.K. household faces paying a £2,500 ($2,900) annual bill for the next two years, up from £1,400 in October 2021.
Coal-Fired Power Plants
Indonesia, ADB Launch First Coal Power Plant Retirement Deal
Indonesia, the Asian Development Bank and a private power firm are teaming up to refinance and prematurely retire a coal-fired power plant, the first such proje…
Coal-Fired Power Plants
The $15 Billion Plan to Curtail Indonesia’s Coal Industry
The United States and Japan will lead a group of counties that will offer $15 billion to Indonesia for retiring its coal power plants earlier and moving on to l…
Net Zero Emission
New Action Plan Comes Into the Limelight to Accelerate Decarbonisation
With COP27 in full swing, governments have set out an action plan to make clean technologies cheaper and more accessible in a bid to scale up decarbonisation ef…
Energy Transition
Global Investment Firm KKR Invests $400m in India’s Serentica Renewables
Serentica Renewables seeks to enable the energy transition by providing clean energy solutions for energy-intensive, hard-to-abate industries.
Energy Transition
IRENA’s Energy Transition Platform Bags $1b Investments
The platform aims to ramp up funding for renewable projects in developing countries.
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