The UK published a revised version of its green finance strategy, laying out plans to track investment flows and boost transition finance as it seeks to become the worldโs first net-zero aligned financial center.
Industrial strategies for clean energy technology manufacturing require an all-of-government approach, closely coordinating climate and energy security imperatives with economic opportunities, warns the International Energy Agency (IEA).
By Hari Vamadevan, executive vice president and regional director, UK & Ireland, Energy Systems at DNV.
The UK is going through a transition that will transform todayโs energy system, writes DNV's Hari Vamadevan, but not sufficient to meet its 2050 Net Zero emissions commitments
By Dr Paul Ebert, group director, sustainability and energy transition leadership, Worley
Decarbonisation of our economies is an enormous challenge, one we've made harder through slow action to date. But the world is moving inexorably to net zero now and it will be a hell of a ride.
Recent political tensions have put a spotlight on the UKโs heavy reliance on fossil fuels, highlighting the necessity to transition to clean, renewable energy. Energy companies must innovate the sector and build a greener energy system.
Indonesia, home to the worldโs largest geothermal energy potential, is opening tenders seeking investors to develop this giant resource, as it aims to expand the use of renewable energy to meet its net zero goals.
A massive $20 billion deal with the US and Japan will kick-start Indonesiaโs drive to wean itself off coal power, though the country may still need trillions more to reach net-zero emissions while meeting growing demand for energy.
US President Joe Biden and Indonesian President Joko Widodo announced a climate finance deal providing $20 billion to help Indonesia pivot away from coal power.
The global net zero transition offers a $3.5 trillion investment opportunity for Indonesia, according to a new report published Saturday at the BNEF Summit Bali by research company BloombergNEF (BNEF) entitled Net-Zero Transition: Opportunities for Indonesia.
A report published by the Net Zero Technology Centre identifies global innovation priorities across traditional hydrocarbon basins, including blue and green hydrogen, offshore wind, oil and gas electrification, carbon capture and storage, and digital transformation technologies to achieve the Paris Agreement emissions targets and create integrated net zero energy systems.
For the last 50+ years, the UKโs energy industry has been dominated by oil and gas activity, but as our industry matures, it faces increasing opportunities in decommissioning.
Equinor (NYSE:EQNR) has signed a strategic collaboration with Hitachi Energy, to work together within electrification, renewable power and low-carbon initiatives.
Scotland's first minister, Nicola Sturgeon, calls for world leaders to take "meaningful steps" towards the goals agreed upon at the COP 26 in Glasgow ahead of this year's conference.