Renewable Energy
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Triple Renewable Capacity By 2030 – COP28 Urges Governments
The forthcoming COP28 climate summit's presidency, along with two renewable energy organisations, have gone on to call on governments to triple their renewable energy capacity by 2030 so as to avoid global warming from going beyond 1.5 degrees Celsius.
Countries...
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EC Recommends Revision To Strategy Energy Technology Plan
The European Commission has gone on to propose revisions to the Strategic Energy Technology- SET plan in order to enhance its capacity to support the aims of the European Green Deal, REPowerEU, as well as the Green Deal Industrial Plan.
The European Commission...
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$3.5bn From The US To Boost Power Grid, Deploy Clean Energy
On October 18, the administration of President Joe Biden announced an impressive $3.5 billion in grants, which were intended to fund projects aimed at protecting the ageing power grid across the US from the damaging effects of extreme weather...
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EU States To Secure Consumers From Electricity Price Shifts
After months of challenging negotiations, EU member states have gone on to reach an agreement on October 17 regarding the reform when it comes to the bloc's electricity market. The implementation of long-term contracts, specifically contracts for difference (CfDs),...
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Threefold Surge In The US Renewable Energy Expected By 2032
By 2032, it is expected that renewable energy will account for almost 45% of power generation across the United States. If the US implements more stricter clean energy policies so as to accomplish significant climate targets, there is indeed a possibility that these numbers...
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2030 Renewable Targets of Europe Getting A Steep Challenge
As shown by recent research from Morningstar, Europe is currently at the forefront of global renewable energy adoption. But there are emerging challenges that may hinder future advancements in this field.
Currently, renewable energy accounts for roughly 20% of Europe's total...
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Heavy investments needed for Europe to become energy self-sufficient by 2030
Based on a report by the Potsdam Institute for Climate Impact Research, Europe has the potential to meet all of its energy needs from renewable sources starting in 2030. However, achieving this goal would require substantial investments in trillions...
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