New Zealand's energy crisis underscores the complexities of balancing traditional and renewable energy sources, as the nation reverses its 2018 ban on offshore oil and gas exploration. The pivot reflects the urgency felt by Prime Minister Christopher Luxon's right-of-center government to
Global oil markets are experiencing a significant upswing, marked by rising prices and increased production. As the world navigates through economic recovery phases post-pandemic, the demand for fossil fuels has regained momentum. Amidst this dynamic landscape, Azerbaijan emerges as a pivotal
As New Hampshire prepares for the end of Governor Chris Sununu’s four-term tenure, the 2024 gubernatorial candidates are presenting their distinct visions for addressing the state's energy policy and climate change. The next governor will play a crucial role in these pressing issues, with s
The global shift towards electric vehicles (EVs) is emblematic of a broader, persistent effort to combat climate change through sustainable practices. Central to this transition is the development of a robust and reliable EV charging infrastructure, a critical pillar supporting the mass adoption of
The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) has recently announced an $8.8 million funding initiative for 11 university-based research and development projects aimed at improving the performance of hydrogen-fueled turbines. This substantial investment i
The recently completed bioenergy system at JBS Australia’s Beef City processing facility near Toowoomba in Queensland's Darling Downs represents a groundbreaking initiative in reducing carbon emissions and promoting sustainability within the agribusiness sector. Located near the eco-conscious D
The Danish solar company Nordic Solar A/S has secured a USD 36.7 million non-recourse loan from Swedbank to finance its 100-MWp Moletai photovoltaic (PV) farm in Lithuania. Located in the Moletai region, approximately 60 km from Vilnius, this solar park is the largest in Lithuania and utilizes
Romanian hydropower company Hidroelectrica, listed on the Bucharest Stock Exchange as ##O, has re-opened the tender for the refurbishment and upgrade of its Bradisor Hydropower Plant. Initially, the refurbishment project, budgeted at about EUR 75 million, failed to attract any bids, prompting
Washington State has taken a decisive step towards reducing carbon emissions in its transportation sector by allocating $26.5 million to eleven ports for electrification projects, which represent a significant shift from fossil fuels to cleaner electricity. This financial backing stems from the
Hanwha Energy Corp. is embarking on a significant initiative to transform its coal-powered combined heat and power (CHP) plant in Gunsan, South Korea, to biomass. This initiative aims to reduce carbon emissions and cater to the growing demand for eco-friendly energy solutions. Hanwha Energy
