Enhanced Geothermal Systems (EGS) are emerging as a promising technology within renewable energy, aiming to contribute to global decarbonization and the transition away from fossil fuels. EGS modifies geothermal energy by drilling into deep hot rock formations, fracturing the rock, and circulating
Indonesia has recently unveiled its National Electricity Master Plan (RUKN 2024-2060), which outlines the strategy for electricity generation over the next few decades, projecting a substantial increase in both renewable energy sources and coal-powered generation. The plan is designed to balance
In 2024, China embarked on a significant expansion of coal-power plant construction, marking the highest level of such activity in the past decade. This development, detailed in a report by the Centre for Research on Energy and Clean Air (CREA) and Global Energy Monitor (GEM), underscores a
Incoming President-elect Donald Trump intends to declare a "national energy emergency" as part of his ambitious plan to boost U.S. energy production, including opening up drilling in Alaska. The incoming White House officials indicated that Trump is set to shift U.S. energy policy significantly
President Volodymyr Zelenskyy has announced Ukraine's initiative to attract foreign investment into its burgeoning renewable energy, oil, gas, and metal extraction sectors. By aiming to develop these industries, Ukraine seeks to diversify its income streams and create employment opportunities for
In a notable move towards sustainable energy solutions, the International Finance Corporation (IFC) has committed up to $165 million in financing to São Martinho, a leading Brazilian producer of sugar, ethanol, and renewable energy. This ten-year loan is aimed at aiding São Martinho's construction
