The NordLink cable will directly connect the German and Norwegian energy markets for the first time. Electricity from wind and hydropower will be exchanged to ensure supply reliability, stable prices and a higher share of renewables in the energy mix. KfW Stories reports on the technologically unique project. At an elevation of …
As COVID-19 rapidly devastates communities and livelihoods, effective response measures are urgently needed to address the immediate as well as the longer-term impacts of the crisis. Over 100 leading players in renewable energy, gathered under the IRENA Coalition for Action, have come together in a joint call for action, putting …
Winter came but even those who do not use coal, oil or gas for heating needn’t worry. According to the Institute for Energy Research, demand for fossil fuels, and especially gas, has skyrocketed in 2018, triggering a consequent increase in carbon dioxide emissions, despite the significant share of renewables in …
Oil and gas companies are facing a critical challenge as the world increasingly shifts towards clean energy transitions. Fossil fuels drive the companies’ near-term returns, but failure to address growing calls to reduce greenhouse gas emissions could threaten their long-term social acceptability and profitability. The oil and gas industry now …
