BP to Cut Oil Production 40% by 2030, and Invest Billions Into Green Energy

bp today introduces a new strategy that will reshape its business as it pivots from being an international oil company focused on producing resources to an integrated energy company focused on delivering solutions for customers. Within 10 years, bp aims to have increased its annual low carbon investment 10-fold to …

We Need a Total Fossil Fuel Lockdown for a Climate Revolution

Growth in renewable power has been impressive over the past five years. But too little is happening in heating, cooling and transport. Overall, global hunger for energy keeps increasing and eats up progress, according to REN21’s Renewables 2020 Global Status Report (GSR), released recently. The journey towards climate disaster continues, …

Danish Companies Have an Ambitious Plan to Create Hydrogen for Fuel

A group of Danish companies are planning one of the world’s largest hydrogen and synthetic fuel production facilities. The project will use renewable energy to create low-carbon fuels for the country’s transport sector. Bringing down the costs of such fuels is vital to meeting climate targets. A group of Danish …

These Countries Are Leading the Transition to Sustainable Energy

The Energy Transition Index 2020 analyzes the energy sectors of 115 countries. Sweden tops the global rankings as the country most prepared to transition to clean energy. COVID-19 could threaten the rate at which economies adopt more sustainable power. Robust long-term policies are needed to guard against shocks such as …

ABB Brings Fuel Cell Technology a Step Closer to Powering Large Ships

ABB signed Memorandum of Understanding (MOU) with Hydrogène de France to jointly manufacture megawatt-scale fuel cell systems capable of powering ocean-going vessels. The MOU envisages close collaboration on the assembly and production of the fuel cell power plant for marine applications. Building on an existing collaboration announced on June 27, …

A Genuine Artificial Leaf – New Source of Clean Energy?

The race to create a genuine artificial leaf has heated up to the boiling point. The latest development is a new device that looks like a greenish tile the size of a stick of gum, but actually contains billions — yes, billions — of nanoscale tubes that react to light …

Clean Energy at the Heart of Stimulus Plans to Counter the Coronavirus Crisis?

The impact of the coronavirus around the world and the resulting turmoil in global markets are dominating global attention. As governments respond to these interlinked crises, they must not lose sight of a major challenge of our time: clean energy transitions. The coronavirus is turning into an unprecedented international crisis, …