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...state-owned mining groups to pursue mineral reserves in South America and Africa as well as inviting bids to develop domestic mining blocks as it seeks to expand industries such as electric vehicles and renewables...
...He saw this as his chance to turn his nascent interest in renewables into a business....
Amin Nasser praises Beijing’s efforts to make solar panels and electric vehicles cheaper
...Richard Holtum, head of gas, power and renewables at Trafigura, said his team “uploads several billion discrete bits of data into the cloud” every day....
...Octopus Renewables Infrastructure Trust proposed a combination with Aquila European Renewables in December....
...RENEWABLE ENERGY Are wind and solar simply bad business?...
...Supply chain constraints threaten the UK’s goals for renewable energy, a report commissioned by the government has warned....
...Conversely, there will be periods where renewables output is insufficient to meet demand....
...The debate raises profound questions that all countries involved in the green transition will face: how do you allocate finite energy resources wisely and equitably?...
...While renewables and low-carbon energy received only a fifth of its capital investment last year, they’ll account for more than half of it by 2030, Equinor reiterated....
...The bank also pointed out that investment in renewable energy “currently offers subpar returns” and that if energy prices rose strongly, there was a risk of social unrest....
...The renewables auction allocation is used to determine how many renewables projects each round can support and is also dependent on power prices....
...A focus on the highest return investments in renewables coupled with predictable shareholder payouts should prevent any activist discord from spreading....
..., acquiring businesses including the US solar group Savion and the Indian renewables platform Sprng....
...The group’s energy activities are largely aimed at using existing resources such as capturing excess heat from industrial processes or burning non-recyclable waste....
...Anyone in marketing who looked at how countries handled the launch of renewable energy would be appalled. First, companies turned up at countryside beauty spots to build wind farms....
...the 2030 target for renewable energy....
...The market value of this darling of the renewables sector soared to more than $82bn in 2021. It was held up as a model for how a former oil and gas specialist could transform itself....
...“If you think about the east coast, there’s just a lack of [land-based] resources there, so you need those resources to come in.”...
...China was the main driving force behind the 50 per cent increase in global renewable electricity generation capacity last year. But the problem is the pace of growth has been much too fast....
...Its industries — including renewables, electric cars and heat pumps — already account for more than half of employment in the global energy sector and are continuing to add more jobs all the time....
Biden administration push to decarbonise draws in companies from Sweden, Denmark and Germany
...For today, I have a report about BP and the Asian Renewable Energy Hub. BP’s growing role in the project marks a notable acceleration of the oil major’s renewable energy ambitions....
...Their number has grown rapidly in recent years in Britain as renewable power production has increased, with about 130 sites providing 4GW of total capacity, according to industry group Regen....
...Peter Martin, Wood Mackenzie’s chief economist, said “the increased cost of capital has profound implications for the energy and natural resource industries”, and that higher rates disproportionately affect...
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