Tag: Energy
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How Could the EU Omnibus Impact Energy’s Sustainable Future?
Businesses & politicians voice concerns for sustainability over the European Commission’s upcoming omnibus package & its regulation simplification aims Regulatory practices can be a double-edged sword. The European Union is in the throes of balancing this delicate act, trying to fine-tune its approach with the new omnibus regulation package. This legislative bundle is designed to reduce…
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North Africa could lead clean Hydrogen race
Egypt along with other states could become a green hydrogen hub North Africa is emerging as a key region in the global green hydrogen race, with countries like Egypt, Morocco and Algeria capitalising on their abundant natural resources and strategic location. According to a new report from the Energy Industries Council (EIC), 41 hydrogen projects are expected…
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Renewable sources covered a record 41% of Italy’s power demand in 2024
According to the Italian power transmission system operator (TSO) Terna, electricity consumption in Italy increased by 2.2% in 2024, surpassing 312 TWh, and renewable sources reached their highest share ever, covering 41% of power demand (compared to 37% in 2023), thanks to improved hydropower and solar PV generation. In 2024 there was a significant growth in…
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Mauritania and Senegal: A Strengthened Partnership Around Local Gas Content
Senegal and Mauritania bolster their energy cooperation with a groundbreaking agreement on local content within the Grand Tortue Ahmeyim (GTA) gas project, marking a step towards an inclusive and sustainable economy. The energy relations between Senegal and Mauritania reached a new milestone with the signing of an agreement on local content for the Grand Tortue…
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Technology breakthroughs are unlocking geothermal energy’s vast potential in countries across the globe
Largely untapped underground energy source can help meet world’s rapidly growing demand for electricity, but cost reductions are needed to drive new generation of projects With global electricity demand set to grow strongly, new technologies are opening up the massive potential of geothermal energy to provide around-the-clock clean power in almost all countries around the…
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Green Hydrogen Goes From Hyped to Humbled on Eye-Popping Costs
A raft of projects to produce green hydrogen, a fuel billed as critical to reaching net zero, have been abandoned this year as expectations for tumbling costs failed to materialize. Governments and major energy companies have touted the gas as a way to clean up a swath of industries. But the uneconomic cost of production…
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What the oil and gas industry wants from Trump and how his administration might deliver it
The oil and gas industry has a “to do” list for President-elect Donald Trump. The lobby group American Petroleum Institute has asked Trump to swiftly authorize liquefied natural gas exports, expand drilling on federal lands, make pipeline permitting easier, repeal strict vehicle emissions and fuel economy standards, and keep current corporate tax rates in place. This five-point road map is…