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Electricity demand is rising in India.
It's forecast to surge 8% this year, driven by strong economic activity & intense heatwaves.
China is also set to see significant growth of over 6% .
India launched an ambitious plan to encourage Green #hydrogen production. Problem is, 2kgCO2eq per Kg of Hydrogen is yet to be realistically produced anywhere. Realistic goals are necessary instead of overambitious targets. #GreenEnergy #Sustainability #sustainable #emissions
Oil prices have weakened in recent months as investors fretted about slowing demand growth in top importer China and rising supplies from outside OPEC+trib.al/XakpcfP
In its latest global #climate report, the National Oceanic and Atmospheric Administration confirmed that July was the 14th straight month of record-breaking heat. In the last 175 years, only one other hot streak has come close in terms of longevity.
sciencenews.org/article/reco…
Fishery assessment models overestimate the sustainability of the world’s fisheries, according to a Science study of 230 fisheries, and populations of many overfished species are in far worse condition than has been reported. scim.ag/87z; scim.ag/87y
Two years after the Inflation Reduction Act (IRA) set off a wave of excitement for clean hydrogen in the US, projects are stalled or stuttering in an environment of deep uncertainty around policy supports.
#hydrogen #CleanEnergy #Renewables
offshore-energy.biz/eni-clos…
Halliburton, a major U.S. oil field services firm, experienced a #cyberattack on Wednesday, affecting some of its systems, particularly at its north Houston campus and global connectivity networks. Read more: ow.ly/Z67j50T4z7g #oilandgas #cybersecurity
SUVs are setting new sales records each year — & so are their emissions. If SUVs were a country, they would be the world’s 5th largest emitter of CO2 Read more in the commentary on what this means for efforts to reach energy & climate goals ➡️ iea.li/4dNM0Tb
Due to global energy crisis, consumers worldwide paid 20% more on average for energy in 2022 than in previous years. What #EnergyTransition strategies are required? Read more 👉 iea.li/3WWiDau
The pace of the transition to EVs will hinge on their cost. In #China, 60% of electric cars sold in 2023 were already cheaper than conventional equivalents Competition & innovation are expected to bring down prices in other major markets 👉 iea.li/4cj9kHl
#energy
The #offshore industry is working to lower #carbon and harness #RenewableEnergy . Important learnings for #developing world and #India. offshore-mag.com/energy-tran…
The #MiddleEast champions #sustainable #shipping as Methanol Institute joins IMO. What is happening with this #fuel and #energy in the region? Are #ports looking at supplying multiple types of fuels for ships? Find out more here:
oilandgasmiddleeast.com/busi…
As energy transitions advance, "cents/kilowatt hour" may replace "dollars/barrel" as the benchmark for energy affordability On a path to 1.5C, oil's share in total household energy spending falls significantly by 2035 & electricity’s share surges: iea.li/4dgGlp5
Global investment in renewable power overtook spending on fossil fuels for the first time in 2023 — a sign of the new energy economy that’s emerging
But clean energy investment must grow much faster for the world to reach energy & climate goals ➡️ iea.li/4cdQ3XS
Sharjah National Oil Co. has conducted studies for the feasibility of capturing and storing a major portion of CO2 emitted in the UAE in its Sajaa field... bit.ly/3WYhGPg #SNOC #carboncapture #ccus #netzero #decarbonization #energytransition
ADNOC expects the global #LNG demand to increase further as more countries are looking to imports. ow.ly/ZOty50SWTS5 #naturalgas
ETS is at the forefront of bringing innovative energy services that combine established technologies with modern digitalization. #energytransition #EnergyForTomorrow #Sustainability #ESG