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Search results: energy pricing

Energy storage

Close up of electric fuelling cable connected to rear charging port of black car

31/7/2024 Feature / Sara Siddeeq

Bidirectional charging turns EVs into mobile power banks

As electric vehicles (EVs) become more prevalent, the focus has been on enhancing their efficiency, range and overall performance. However, just by adding the potential for vehicles to return charge along the same cables provides a number of transformative benefits for the owner, community and the grid, explains Sara Siddeeq.

Renewables

Hoa Thang wind farm, Vietnam at sunset

23/10/2024 News

Asia-Pacific needs $88.7tn of funding to meet Paris Agreement climate goals

The Asia-Pacific region must mobilise nearly $90tn in investments and boost public-private cooperation to meet the ambitious climate goals outlined in the Paris Agreement, according to the latest regional report from BloombergNEF (BNEF). Meanwhile, new analysis from Ember suggests that while demand is outpacing renewables growth in the ASEAN member states, falling clean energy costs could help readdress the balance.

Energy policy

Mario Draghi and Ursula von der Leyen, President, European Commission, holding the report

18/9/2024 News

The future of European competitiveness and the energy transition

Former Italian Prime Minister and European Central Bank Chief Mario Draghi has unveiled the much-anticipated report on the future of European Union (EU) competitiveness.

Net zero / decarbonisation / energy transition

Nick Wayth standing behind lectern, gesticulating with arms to emphasis a point he is talking about

24/7/2024 Comment / Nick Wayth

What if we imagined Planet Earth as one country?

In the second part of this three-part series on the energy transition, Energy Institute Chief Executive Nick Wayth CEng FEI considers the climate costs of the lack of unity in global energy policy, via a thought experiment.

Electricity

View looking up inside electricity pylon

26/6/2024 News

Global grid infrastructure needs to more than double by 2050 to meet surging electricity demand

Global electricity demand is forecast to double by 2050, requiring extensive expansion of electricity grids and technological upgrades, according to a new report from DNV. Meanwhile, the World Economic Forum says energy transition momentum is slowing amidst global uncertainty, but reports from SolarPower Europe and the Global Wind Energy Council highlight some record-breaking renewables statistics.

Solar

Solar panels and wind turbines against a blue sky

25/9/2024 News

Stronger integration measures are needed for solar and wind

As solar photovoltaics (PV) and wind grow at an accelerated pace around the world, governments must act to ensure that they are well integrated into power systems – or risk losing out on significant benefits, according to a new report from the International Energy Agency (IEA). Meanwhile, a McKinsey report reveals the step change in efforts needed on the journey towards net zero.

Carbon capture, usage and storage

Silhouette of offshore oil platform set against orange sky and setting sun

9/10/2024 Feature / Valentina Dedi

De-risking green investments

Dr Valentina Dedi, Lead Economist at engineering, procurement and construction contractor KBR, explores how the right mix of supportive policies, financial mechanisms and technological innovation can de-risk investments in carbon capture, utilisation and storage (CCUS) and maximise the potential for green investments in uncertain times, while also addressing the role of oil and gas in the energy transition.

Solar

Head and shoulders photo of Gurpreet Gujral, set against a grey background

10/7/2024 Comment / Gurpreet Gujral

The UK’s rainy climate won’t prevent it becoming a solar superpower

The successful deployment of solar power at scale does not require a climate of Australia-like sunshine. Commercial building roofs are one important site for large photovoltaic (PV) installations, as Gurpreet Gujral, Managing Director at renewables developer Atrato Partners, writes.

Shipping

Aerial view of cruise ship in dock yard, emitting vapours from its chimney

25/9/2024 Feature / Selwyn Parker

All aboard for decarbonisation: How IMO is embarking on a voyage to a net-zero 2050

Net-zero goals set by the International Maritime Organization (IMO) a year ago include long-term ambitions and short-term actions, and have already begun to impact the maritime world, reports Selwyn Parker.

Lithium

View over industrial plant, showing pipework, tanks and stacks

9/10/2024 Feature / Nnamdi Anyadike

Australia beefs up lithium refining despite downturn

Lithium is a key component of lithium-ion batteries for electric vehicles (EVs) in the transition towards a renewable energy-based economy. Here, Nnamdi Anyadike examines why some Australian miners have begun to increase production, despite a severe market downturn.

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