Prices for wind turbines need to increase as costs for materials and components have jumped, according to Vestas, one of the world’s largest wind turbine manufacturers.
Energy news
Denmark's top energy company and one of Europe's largest steel producers will partner on low-carbon steel in a drive to cut emissions.
Hydrogen, is desirable as a clean-burning fuel. It is currently mainly produced using water and natural gas or even coal. Yet there are processes to create “green” hydrogen using electricity, including from renewables. The industry is exploring these possibilities.
Nuclear energy provides a carbon-free power source and drives innovation, according to a panel hosted by Rosatom in Dubai.
Rules proposed by the EC would hand out green labels to investments that don’t significantly help fight climate change, experts say.
Copper is critical to the global green energy system and requires sustainable development of untapped deposits, says Alisher Usmanov.
The Catalyst program will finance European projects and initiatives to reduce emissions in four areas which are notoriously hard to decarbonize: clean hydrogen, direct air capture, sustainable aviation fuel, and long duration energy storage.
Canada could struggle to retain oil superpower status amid the green energy transition, according to the International Energy Agency (IEA).
Offshore wind developer Orsted has entered into an e-methanol development project in Sweden aimed at decarbonising maritime shipping.
The EU has included natural gas and nuclear energy in proposals to cut carbon emissions in a pragmatic approach to meeting climate goals.