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fossil fuels

Latin America Preaches RE, Yet Practises Fossil Fuels

Perpetually in two minds, although the Latin American Governments have appeared to be committing to renewable targets, yet their actions are just the opposite. According to the  International Energy Agency (IEA) that it will need US$1 trillion per year between now and 2050 to finance energy transition in Latin America, compared to the $150 billion […]

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Morocco Shows Africa A Renewable Pathway Away From Fossil Fuels

Morocco is showing the African continent a Renewable Energy pathway out of fossil fuel. Among the countries giving Morocco a good company are Egypt and South Africa, according to TAQA Net, a platform specialized in energy markets. Africa’s trailblazing growth in socio-economic sector has led several countries to further develop solar energy projects, especially at […]

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Hydrofuel Canada gets Green Ammonia, Hydrogen Cheaper than Fossil Fuels

Hydrofuel Canada has signed a license agreement with Georgia Institute of Technology for their MAPS system which enables high-yield, sustainable ammonia synthesis from air and water. The technology has unprecedented efficiency which uses a gas-phase electrochemical process. Hydrofuel Canada is engaged in delivering green ammonia and hydrogen along the last mile to its customers. Hydrofuel […]

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As Central Asia’s Fossil Fuels Near Expiry, Time To Look At Renewable Energy

Kazakhstan, Uzbekistan, Turkmenistan, Tajikistan and Kyrgyzstan constitute Central Asia. Out of these, the former three are graced with petroleum resources, while the latter two are endowed with water resources. Electricity generation in these countries has, naturally, long relied on their richness in one or the other of the two resources. The downstream countries tend to […]

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Devise Alternate Ways to Repurpose Fossil Fuels, Argues IDTechEx

UK-headquartered IDTechEx, an independent market research and business intelligence provider, has advocated for devising novel ways to repurpose fossil fuel assets, as against simply resorting to obvious solutions like converting gasoline stations into  EV charging stations. The latter trend has of late become popular among oil majors, which are looking to capitalise on the rapid […]

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Impact of Global Shift of Funds Away From Fossil Fuels on India: IEEFA

The International Energy Agency’s (IEA) Net Zero Emissions (NZE) roadmap by 2050 is compatible with the Paris goal of restricting the temperature increase to below 1.5 degree Celsius. As per the NZE roadmap, the use of unabated fossil fuels declines sharply to just over a fifth of the total energy supply. More than two-thirds of […]

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Green Hydrogen Not a Blanket Alternative to Fossil Fuels?

Green hydrogen is increasingly being built up as the ideal clean fuel for a carbon-neutral tomorrow, but is it a viable replacement for the use of fossil fuels in cars or domestic heating systems? In a recently published study conducted by Germany’s Potsdam Institute for Climate Impact Research (PIK), scientists have found that even though […]

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IFC to Support Azerbaijan’s Shift from Fossil Fuels to Renewable Energy

In a bid to develop the offshore wind energy sector as part of Azerbaijan’s efforts to shift to renewable energy sources, IFC, a member of the World Bank Group, and Azerbaijan’s Ministry of Energy today signed a Memorandum of Understanding. The aim is to support the country in reducing reliance on fossil fuels for electricity […]

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7-Country European Alliance To End Export Financing For Fossil Fuels

During a virtual meeting yesterday, seven European countries came together to formally launch the Export Finance for Future (E3F) coalition, a new alliance aimed at ending public export guarantees for fossil fuel projects, as part of efforts to reduce carbon emissions and fight climate change. Other than France, the host country, the conference was attended […]

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