UAE signs agreement on green hydrogen projects in Egypt, targets exports to Europe

Egypt’s abundance of sun and wind “generates renewable energy at a very competitive price – a key alarm for green hydrogen production”. Ute Grabowsky | Photothek | Getty Images The United Arab Emirates (UAE) and Egypt’s Hassan Alam Utility have signed an agreement with government-sponsored Egyptian companies to work together on the development of large … Read more

A special solar power attracts attention

When you think about solar energy, you envision photovoltaic panels to convert sunlight into electricity. But there are other ways to use the sun. One of the methods that attracts growing interest is called Intensive Solar-Thermal Power, or CSP, which uses mirrors to reflect and focus on solar energy. Compared to other renewable energy sources, … Read more

A special solar power attracts attention

When you think about solar energy, you envision photovoltaic panels to convert sunlight into electricity. But there are other ways to use the sun. One of the methods that attracts growing interest is called Intensive Solar-Thermal Power, or CSP, which uses mirrors to reflect and focus on solar energy. Compared to other renewable energy sources, … Read more

Energy giants Siemens Gesa and SSE have agreed on a $ 628 million deal and profit warnings.

Details of the agreement between the SSE and SGRE revealed the first results for the second quarter, with revenues of nearly 2.2 billion euros and losses of about 304 million euros. Paul Ellis | AFP | Getty Images Siemens Gesa Renewable Energy has agreed to sell its Southern European assets at the SESE headquarters in … Read more

The Ukraine war has been a ‘last straw’ for the sector and has renewed prices.

Developers are battling a “chaotic” supply chain and high costs, and wind and solar prices in major world markets have increased by about 30 percent a year. According to a report published on Wednesday, this has affected everything from transportation to the body to labor. Contracts for renewable goods rose 28.5 percent in North America … Read more

Energy Transformation Changes Geopolitics | OilPrice.com

Energy Transition

Renewable energy sector development brings with it a myriad of new energy sources in various world markets. Traditional oil rich nations cannot control the global energy industry because different countries choose to invest in green energy because of their geographical strengths. With the emergence of new business partners and huge investments in new energy markets, … Read more

California’s climate goals require significant growth for the energy grid. Solar energy helps to fill the gaps

California By the end of 2045, it has promised to use carbon zero energy. This means completely eliminating fossil fuels. To do this, however, you need to develop reliable alternative energy sources. That puts the need for unprecedented growth in the state’s energy sector. Energy experts estimate the size will triple over the next two … Read more

The role of natural gas in the Russia-Ukraine conflict

Natural gas is one of the products of Russia’s invasion of Ukraine. According to the TTF Center in the Netherlands, the European benchmark for natural gas trade has more than tripled between February 16 and March 7 before pulling back. However, despite being the center of Europe’s largest military conflict since World War II, Russian … Read more

The United Kingdom has targeted additional nuclear, wind, and fossil fuels for energy security.

Along with the increase in nuclear power, the British Energy Safety Strategy is up to 50 GW of wind and 10 GW of hydrogen – half of what is called green hydrogen – by 2030. Christopher Furlong | Getty Images News | Getty Images The UK government has unveiled details of its long-awaited “bold” energy … Read more

California is adapting to climate change with huge droplets and solar energy costs.

On Monday, state officials announced improvements to California’s climate adaptation strategy. This follows a recent United Nations report, which highlighted ways in which the world’s population can avoid the devastating effects of climate change. California first adopted the Climate Change Strategy in 2009. Under state law, that plan must be updated every three years. For … Read more