Council Meets with Spotlight on Energy Transition & Food Systems: IRENA Updated On Fri, May 21st, 2021 by Saurenergy The 21st meeting of the Council will be held virtually on 25th and 26th May More than 280 representatives from 96 countries will gather virtually to attend the 21st Council of the International Renewable Energy Agency (IRENA), next week as countries continue to calibrate energy policy in line with the achievement of sustainable development goals […] Read more
Energy Transition May Cost Upstream Oil & Gas Sector $14 T: WoodMac Updated On Thu, May 20th, 2021 by Saurenergy Even a rapidly transitioning world needs oil and gas supply for decades to come The energy transition represents US$14 trillion worth of uncertainty for upstream oil and gas, according to a new report by Wood Mackenzie. Oil and gas is a risky business. Over the years, those risks have been tempered by a single tenet […] Read more
How Cities Can Take Action to Drive the Energy Transition: IRENA Updated On Tue, May 18th, 2021 by Saurenergy The dominance of fossil fuels in the urban energy supply puts cities on the frontline of climate change. Cities account for about 75% of global primary energy use and are responsible for 70 per cent of energy related greenhouse gas (GHG) emissions, making them key actors in both national and global efforts to transition to […] Read more
EIB Provides €100 million to Dolomiti Energia for Energy Efficiency and Combating Climate Change Updated On Wed, May 12th, 2021 by Saurenergy The European Investment Bank (EIB) and Dolomiti Energia Group have signed a €100 million finance contract to support the company’s 2021-2024 development plan. The investment is in line with Italian and European energy and environment policies for achieving the objectives of the energy transition, decarbonisation and sustainable networks. In particular, the resources will support Dolomiti Energia in projects […] Read more
Backlog of Unsigned PSAs Risk Slowing India’s Renewable Energy Growth Updated On Wed, Apr 7th, 2021 by Saurenergy Delays in signing PSAs are a bottleneck in the growth of renewable energy capacity in India, jeopardising the 175 GW by 2022 target Delays in signing power sale agreements (PSAs) are a bottleneck in the growth of renewable energy capacity in India, jeopardising the government’s renewable energy target of 175 gigawatts (GW) by 2022, dampening […] Read more
Energy Transition to Renewables in US to Accelerate Over Next 2-3 Years: Report Updated On Thu, Apr 1st, 2021 by Saurenergy The speed and scope of the energy transition to renewables will pick up pace over the next two to three years, according to the IEEFA’ U.S. Power Sector Outlook 2021. The report adds that solar and battery storage adoption is enjoying almost exponential growth, and wind and solar technology improvements have helped turn the two resources […] Read more
No way out for Stranded Thermal Assets in India, Amid RE Push : IEEFA Updated On Wed, Mar 31st, 2021 by Saurenergy India’s 40 GW of stressed and stranded thermal power assets, identified by a parliamentary committee in March 2018, still linger on – most of them without any feasible resolution. India’s 40 gigawatts (GW) of stressed and stranded thermal power assets, identified by a special parliamentary committee in March 2018, still linger on – most of […] Read more
UK Govt Announces Promising new Deal in Offshore Clean Energy Shift Updated On Thu, Mar 25th, 2021 by Saurenergy UK government has announced a new North Sea Transition Deal with the oil and gas industry. Under the new deal, the government has pledged that the high-skilled oil and gas workers and the supply chain will not be left behind in the transition to a low carbon future. Providentially, this deal will support workers, businesses, […] Read more
Net-Zero Emissions in India Possible by 2050, but Challenging: Report Updated On Wed, Mar 24th, 2021 by Saurenergy A new report has assessed India’s technology & policy options if it were to accelerate its transition to a net-zero emissions system by 2050 To reach a net-zero emissions energy system by 2050, India needs a suitable policy and innovation-driven context to deploy clean energy technologies on a massive scale. It requires more and faster […] Read more