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EU plots reform of electricity markets to tackle 'fossil fuel crisis'

Business Green

Ursula von der Leyen sets out plans to mandate revenue cap on electricity generators and secure a 'crisis contribution' from fossil fuel companies in her State of the European Union address. We are in a fossil fuel crisis, the fossil fuel industry has a special duty too," she said.

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The race to mainstream electric vehicles by 2030

GreenBiz

Denmark set the same goal — phase out new fossil fuel vehicle sales in 2030 — and world-leader Norway plans to make the switch in 2025. Electric vehicles will begin to cost the same as their fossil fuel counterparts between 2025 and 2029, depending on the vehicle type. Policy & Politics. isn't the only one.

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ExxonMobil Announces $10 Billion Oil Investment the Same Day IPCC Signals End for Fossil Fuels

DeSmogBlog

“Investing in new fossil fuel infrastructure is moral and economic madness,” UN Secretary-General António Guterres said as the Intergovernmental Panel on Climate Change (IPCC) released part of its latest report on Monday. It is what science tells us will result from our current energy policies.”.

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Clean energy technology supply chains must get better, faster, cleaner, says report

Envirotec Magazine

A new briefing from think tank organisation the Energy Transitions Commission (ETC) argues that the clean energy transition can be delivered on time and at an affordable cost if supply chain risks are minimised by policy and industry action. The energy transition is fundamentally achievable if supply chain risks are managed.

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How Distributed Energy Could Help Usher In a New ‘Age of Freedom’

GreenTechMedia

The world-renowned thought leader, entrepreneur, educator and author accurately predicted the rapid decline in solar photovoltaic costs and lithium ion batteries. We also discuss the collapse of incumbents and the impact this will have on societies around the world, and what policy leaders can do to get out ahead of these changes.

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The clean energy transition is just getting started with much more to come in 2024

Smart Energy International

shares his expectations for the clean energy transition in 2024. The year 2023 was a record-setting year for investment and growth in clean energy, with the International Energy Agency projecting over 500GW of new renewable capacity to come online by year-end globally. Have you read? This is not limited to the U.S.

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Ten market challenges with scaling renewables identified by new report

Envirotec Magazine

The findings are published as the COP28 presidency pushes for global commitments to triple renewable energy by 2030, with the report outlining the real-world challenges that will need to be overcome to achieve these ambitions. C above pre-industrial levels. C above pre-industrial levels.