Batteries & Biofuels Will Power Ships In Our Low-Carbon Future
The future of shipping is fully electrified inland and nearshore, and large, efficient, transoceanic ships steaming slowly with biofuels and electrons.
Source: forbes.com
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World added 50% more renewable energy capacity last year over 2022: IEA - Markets
PARIS: The world added 50 percent more renewable energy capacity in 2023 over the year before, the International...
Source: brecorder.com
'Tripling gap': Why the IEA is warning governments to push harder on clean energy
Influential agency sets out how the world's governments can meet the COP28 goal to triple renewables capacity by 2030
Source: businessgreen.com
renewable energy in 2023: World added 50% more renewable energy but more needed: IEA
The International Energy Agency reports that the world added 50% more renewable energy capacity in 2023, driven by China, the world's renewables powerhouse. Scaling up solar and wind power and reducing fossil fuel use is crucial in the fight against climate change. However, the world is not on track to triple renewable capacity by 2030, a goal agreed upon at the COP28 climate summit.
Source: indiatimes.com
IEA forecasts competitive e-fuels in aviation and shipping as supply expands: S&P GCI
The International Energy Agency (IEA) report reveals that renewable electricity capacity surge could lead to lower prices for sustainable e-fuels in the transport sector derived from electrolytic hydrogen. E-fuels, including e-ammonia and e-methanol, offer alternatives for hard-to-abate sectors like aviation and shipping. Government regulations are crucial for demand certainty of the 200 e-fuel projects. The report emphasizes the significant renewable electricity requirements and the need for electrolyzer capacity to produce enough hydrogen for e-fuels.
Source: indiatimes.com