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MELBOURNE, Aug 25 (Reuters) - Australia will have to invest in renewable energy and carbon capture and storage at unprecedented speed and scale in order for the economy to achieve net zero carbon emissions by 2050, modelling released on Thursday showed. The Net Zero Australia project found the country will need about 40 times the total generation capacity in today's national

According to the piece, and not surprisingly, warmer-than-normal temperatures and increased domestic supply contributed to this increase in volatility.

Originally posted to the Clean Power Group, but it's relevant to the Oil & Gas Professionals as well.

Source: UK Government We, the G7 Foreign Ministers of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States of America, and the High Representative of the European Union, re-reiterate our strongest condemnation of the ongoing unprovoked and unjustifiable war of aggression of the Russian Federation against Ukraine. The Russian Federation must

* Government urged to find more land for solar parks DHAKA, Aug 24 (Thomson Reuters Foundation) - Topu Roy's family did not have electricity until around 2005 when his parents set up a solar power system at their home in Dinajpur, in northern Bangladesh, to run lights and fans. In the past two decades, some 6 million solar home systems have been installed across the country,

Gold producer Nordgold has launched a new 33 MW power plant at its Lefa gold mine, in Guinea. The $30-million project was designed and built by Chinese manufacturing service group SUMEC – a subsidiary of the China National Machinery Industry Corporation....

Many early electric truck deployments have taken place in California, but as the market matures, fleets, utilities, manufacturers, policymakers, charging companies, and other industry stakeholders are seeking assistance to prioritize regions outside CA.

This is in addition to parts of Duqm (Al Wusta Governorate) and Jalaan Bani Bu Ali (South Al Sharqiyah Governorate), which have already been primed for new investments in wind-based power projects in the Sultanate of Oman. Identifying suitable locations for the development of wind farms, as well as solar-based power projects, is part of the mandate of Oman Power and Water

Climate policies at specified locations reduce fossil fuel consumption and market price. Another spot may boost its fossil fuel usage in response to the price drop, offsetting some emission savings as per a plethora of research. The mere prospect of strict climate legislation might encourage fossil fuel producers to expedite extraction, causing intertemporal leakage; also

A former adviser to the US White house on the events of Fukushima, 2011, Professor Tokuhiro is a leading figure in the world of nuclear energy.