#energy-transition

#energy-transition

Big tech companies are increasingly investing in renewable energy to meet the growing energy demands of AI technologies.

Europe leads in renewable energy adoption, but faces systemic challenges that hinder progress towards a complete green transition.

The energy transition to a low-carbon future is crucial and challenging.

Digital technologies are transforming operations in the oil and gas industry.

Sympower secured €21.3M funding to enhance flexibility services for balancing electricity grids and integrating renewables.

The European Commission highlights flexibility services as vital for energy transition, potentially saving billions in grid investments.

Sympower aids various industries in managing energy demands and costs while promoting sustainability.

Resource-driven conflicts will intensify as energy transitions reshape global power structures.

Shell Canada is exiting the oilsands industry while boosting its stake in carbon capture technology.

The deal represents a strategic shift towards lower-carbon energy initiatives.

The conflict between fossil fuel wealth and climate science highlighted the urgent need for financial support for a low-carbon transition.

Transitioning to low-carbon technologies could save households money in the long term, despite initial costs.

European energy companies are refocusing on oil and gas for short-term profits, reversing clean energy commitments amid rising costs and geopolitical challenges.

Nuclear power is reviving as countries pivot from fossil fuels, with a projected 28% increase in uranium demand by 2030.

Western countries face challenges in building new nuclear plants due to management issues and supply chain weaknesses, despite increased public support.

Thorium presents a promising advancement in nuclear power and clean energy transition.

Pakistan is experiencing a rapid solar power growth, expected to add 17 GW in 2024, fueled by cheap imports and high energy costs.

Coal's decline is complicated by economic reliance, especially in states like Wyoming, which still depend heavily on coal for electricity and revenue.

Innovative bricks could replace fossil fuels in industries reliant on heat, providing a potentially sustainable solution for high-temperature processes.

Communities like Hayden, Colorado are exploring nuclear energy as an alternative to coal after the local plant's closure.

The local transition from coal reliance is challenging, but progress is shown through community dialogue and trust.

Investment trends in climate tech are expected to continue positively despite election outcomes.

Junction Growth Investors has successfully closed a €115M fund to support energy transition SMEs in Europe, exceeding its original target.

Cindy Taff's reflections on her career in oil and gas illustrate the personal and societal shift towards pursuing cleaner energy alternatives.

Sodium-ion batteries are poised to enhance clean technology power supplies and growth in the U.S. energy sector.

Britain's wind power surpassed gas as the largest energy source in 2024, marking progress towards a cleaner energy future.

The UK aims for a clean electricity system by 2030, supported by a recent Neso report, but it requires urgent actions and investments.

Damilola Ogunbiyi is advocating for equitable energy transition through global cooperation and initiatives like Mission 300 to provide electricity to 300 million Africans by 2030.

Safety incidents at battery storage facilities could hinder the shift to clean energy.

Moss Landing's issues may spark fear regarding battery technology and its safety.

CarbonX has secured an additional €4M funding to enhance sustainable battery anode development, aiming to reduce dependency on graphite sourced from China.

Chapter, a SaaS company, raised €3M to enhance energy transition using AI management software for the sustainable energy industry.

SatVu raised £20M to accelerate the development of thermal imaging satellites that provide vital data for climate action and energy transition.

FuelFWD enhances efficiency and transparency in the renewable fuels sector, simplifying compliance through innovative digital solutions.

H2SITE secured €36M in Series B funding to enhance hydrogen separation technology and accelerate industrialisation goals by 2026.

Uruguay successfully transitioned to 98% green energy, greatly reducing dependency on fossil fuels and ensuring energy reliability. This transformation is key to its sustainable growth.

Vulnerable countries urge for $1.3 trillion annually in climate finance to combat climate crises and transition to sustainable energy.

Global collaboration and diverse leadership are crucial for effective climate action and achieving a 1.5C warming limit.

Developed countries will now contribute at least $300 billion annually to climate finance by 2035, as agreed in the Baku accord.

Arkansas possesses potentially vast lithium reserves that could fulfill global EV battery demand, necessitating advancements in extraction technology.

Rhyolite Ridge lithium deposit is vital for U.S. energy transition, promising significant battery production for electric vehicles.

Rio Tinto is acquiring Arcadium Lithium for $6.7bn, aiming to strengthen its position in the lithium market amid current global challenges.

Kraken acquires Jedlix to enhance its utility digitalisation and expand its EV charging solutions, positioning itself as a leader in demand management.

Ethiopia's electric vehicle transition faces challenges like erratic electricity supply and high import costs for maintenance.

BP's future financial strategy is uncertain, particularly regarding share buybacks and production cuts, amidst changing market dynamics.

BP's profits fell by nearly one-third to £1.75 billion, influenced by declining refining margins and analyst's forecasts.