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🥁Drum roll please… The Trusted Voice of The Global #EnergyTransition returns to New York City in June! Will you be one of the 150+ change-makers joining us? Get the latest updates on Global Energy Transition 2023 by downloading the brochure today #GET23 1.reutersevents.com/LP=34085…
Reuters Events: Energy Transition retweeted
Electricity demand is growing exponentially—driven by #AI, #electrification & #DataCenters—but grids worldwide are reaching capacity.
At @Reuters @RE_Transition Summit we discussed how we’re harnessing software to optimize, adapt, & empower grids for a smarter energy future.
We've teamed up with @smartEnEU for @RE_Transition Europe 2023!
Join us in exploring clean, #SmartElectrification as Europe works towards #NetZero emissions.
Learn more about #SmartGrids and their benefits: smarten.eu/smart-electrifica…
Reuters Events: Energy Transition Europe (13-14 Nov, London) is partnering with @smartEnEU! We’re uniting across the energy, industrial, and government ecosystems to navigate turbulence and deliver the world's first net zero continent. Agenda: bit.ly/43my262 #ETEU2023
Reuters Events: Energy Transition Europe (13-14 November, London) is partnering with smartEn! We’re uniting across the energy, industrial, and government ecosystems to navigate turbulence and deliver the world's first net zero continent. Agenda: bit.ly/43my262#ETEU2023
📰The G7 coalition "will keep a $60 per barrel price cap on seaborne Russian oil, a coalition official said, despite rising global crude prices and calls by some countries for a lower price cap to restrict Moscow's revenues."
Read more below 👇
reuters.com/markets/commodit…
"The Middle East has by far the lowest share of clean power in its electricity mix of all regions, but is starting to change that through hefty increases in renewable energy generation capacity."
reuters.com/business/energy/…
Sustainable Aviation Fuels currently make up less than 1% of jet fuel. Producers are struggling with the investment costs required to scale up production. IAG, worry that "if Europe cannot keep up it will have to import #SAF"
#energytransition
reuters.com/business/aerospa…
India may have missed their 2022 targets to install 175GW in renewable energy capacity, but they are continuing their push to an #energytransition - issuing tenders for the installation of 250GW of #greenenergy capacity by March 2028.
reuters.com/business/sustain…
📰Oil prices surged on Monday in response to @OPECSecretariat & their allies announcing production cuts of 1.16 billion barrels a day.
The Biden administration have made it clear they believe these cuts are unadvisable given ongoing market uncertainty.
reuters.com/business/energy/…
Global electric grids are "not fit for purpose." Optimized for the steady transmission of fossil fuels, traditional electrical grids must adapt to keep up with a constantly changing mix of #renewables and fossil fuel energy sources. #EnergyTransition
reuters.com/business/energy/…
Great news for the #energytransition - a record breaking 680 GW of wind energy capacity is set to be installed by 2027.
However, the @GWECGlobalWind call for stronger supply chains to ensure that supply of #windenergy continues to grow.
reuters.com/business/energy/…
The hydrogen market has a "chicken & egg" problem. Investment is difficult without guaranteed offtakers. to combat this Portugal plans to launch Europe's 1st auction for #pipedhydrogen with a contract with @GalpPress
reuters.com/business/energy/…
Last July, The USA & Canada demanded dispute settlement talks with Mexico, arguing that energy policies in Mexico undermine international firms. 8 Months later, and with no resolution, The Biden Administration are planning an ultimatum - "act now or else". reuters.com/business/energy/…
Europe is looking for alternative oil sources to ensure steady supply and #energysecurity. @aramco are ramping up refinery output this year. Experts believe this will help meet shortfalls in supply and potentially "cool prices".
reuters.com/world/middle-eas…
📰Drax will pause their multi-billion pound investment into bioenergy with #carboncapture and storage until there is more clarity on UK governmental support.
#energytransition #BECCS
reuters.com/business/sustain…
Japanese power utilities want G7 to promote countries setting their own #energytransition pathways. Russia's invasion of Ukraine demonstrated how conditions differ from country to country. Should each country develop individualized transition plans?
reuters.com/business/energy/…
🎧Listen to our very own Luke Brett share his insights on the trends shaping the #energytransition with @RenewablesPod
From Russia’s invasion of Ukraine to the passage of the Inflation Reduction Act in the US, Luke Brett from @ReutersBiz outlines how policymakers and industry executives are keeping up with rapid changes and continuing the shape the #EnergyTransition
corp.smartbrief.com/original…
India, Southeast Asia and Sub-Saharan Africa are set to overtake the west as key drivers of world energy use by 2050. Currently heavily reliant on fossil fuels, what impact will this have on the #energytransition?
reuters.com/markets/commodit…
In 2022 China generated 46% more #windpower than all of Europe combined, and saw a 27% surge in solar generation. Are #renewables the answer to limiting the country's reliance on polluting fossil-fuels? Let us know you thoughts 👇
reuters.com/markets/commodit…
#energytransition
📰"Timing is key. And sometimes, not being in time is a disaster". Spain & The Netherlands are backing a quick deal on EU market reform. While countries disagree on the exact form this revamp should take, there is consensus on the need for speed.
reuters.com/business/energy/…