Germany’s Hydrogen Import Strategy Being Criticized By Industry Groups
Germany has one of the most wide-spanning plans in its mission to replace coal – first with natural gas to cut emissions quickly and then with hydrogen.
How Hurricanes Can Impact The Energy Sector
Hurricanes represent a risk to energy assets along the Gulf Coast, given the potential for property damage and operational interruptions. With Colorado State University predicting an extremely active hurricane season and recently raising its forecast for the number of named storms expected in 2024, this note reviews how hurricanes can impact the energy sector - upstream, midstream, and downstream. Hurricanes and severe storms in the Gulf of Mexico (GOM) can interrupt production activities at offshore platforms. Typically, producers will evacuate platforms and shut in production ahead of a major weather event.
New Economy Groundwork: The U.s. Future Is Also An Energy Future
In June, an energy presentation at the inaugural Seeking Alpha investing summit offered a platform on which to crystallize my investment theses. This work seems to never end, with new investment themes added in the last couple of years even. Of late, a broad sweep of energy has been a primary focus - oil and gas, but also energy infrastructure and new infrastructure such as advanced manufacturing and decarbonization plays. I’m looking at what's happening across the board, both what's changing and staying the same.
Solar And Wind ‘will Miss 2030 Clean Energy Target Without £48bn Funding’ | Solar Power
Hitting target for zero-carbon electricity system will require ‘step-change’, says analyst Cornwall InsightBusiness live – latest updatesSolar and wind power generation will fall well below the target needed to decarbonise Great Britain’s electricity grid by 2030 without an injection of £48bn, according to a forecast from one of the UK’s leading energy analysis companies.The government has promised to deliver a zero-carbon electricity system by 2030, requiring the doubling of onshore wind, tripling of solar power and quadrupling of offshore wind capacity. Continue reading...
Mozambique: 'poor And Rural Mozambicans Hit Hard By Lack Of Access, Connection To Electricity Grid
[Afrobarometer] Majority of citizens say their government is doing a poor job of providing a reliable supply of electricity. :
Majority of citizens say their government is doing a poor job of providing a reliable supply of electricity. While Mozambique sells energy to its regional neighbours - South Africa, Zimbabwe, and Zambia being the largest export markets - only 40% of the country's population has access to grid electricity (OEC World, 2024; Energypedia, 2022).
Is The African Mining Sector Ready To Respond To The Opportunities Offered By The Energy Transition? | Vinson & Elkins Llp
With the global surge in demand for critical minerals, the security of supply has become paramount. With its vast mineral reserves, Africa is poised to play a leading role in the energy transition. The continent’s potential is undeniable; holding almost one-third of the world’s mineral reserves, many of which are vital to renewable and low-carbon technology. Originally published in Global Mining Review, June 2024....By: Vinson & Elkins LLP.
Biden Admin Inks $12.6B Deal With Blue State For Massive New Green Energy Hub | The Daily Caller
Critics question the feasibility of "clean" hydrogen projects. :
The U.S. Department of Energy (DOE) signed a $12.6 billion agreement to build a “clean,” “renewable” hydrogen hub in California on Wednesday, according to a press release from Democratic California Gov. Gavin Newsom. In a first-of-its-kind deal, the DOE agreed to provide $1.2 billion to the Alliance for Renewable Clean Hydrogen Energy Systems (ARCHES) under the Bipartisan Infrastructure Law, with the remaining $11.4 billion coming from public and private matching funds, according to press releases from ARCHES and Newsom’s office.
Apex Fintech Launches Platform For Building Investment Infrastructures
Apex Fintech Solutions is launching an investment infrastructure platform, dubbed Apex Ascend, that has been designed to help clients improve their capability to “operate efficiently and better navigate risk on a global scale,” officials say. The cloud-native platform offers built-in tools and data to help firms create, integrate, scale, and operate globally and offers key […]
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India’s Renewable Energy Expansion Gets $240.5M Boost From Adb
The Asian Development Bank (ADB) has approved a loan of USD 240.5 million to finance rooftop solar systems in India, aiding the government's efforts to expand energy access through renewable energy.
Thai Billionaire Sarath Merging Energy, Telecom Units To Create $20B Company
Billionaire Sarath Ratanavadi is merging his Bangkok-listed Gulf Energy Development with Intouch Holdings, which controls Thailand’s second largest mobile phone operator by subscribers, Advanced Info Service, in a deal that will create a combined entity worth over $20 billion.