Sunday, 23 February 2025

Focus on Wind

People walk at the entrance of the venue of the United Nations climate change conference COP29, in Baku, Azerbaijan.
BusinessClimate FinanceElectricityNewsSolarUnited NationsWind

Beyond B-loans? Development banks seek private money for climate change fight

An investment manager warns of barriers to private sector investment in climate change projects, citing a lack of transparency.

OEUK’s annual offshore decommissioning report said only 126 wells were decommissioned in 2023 (Andrew Milligan/PA)
BusinessNewsOffshore WindOil

Less offshore energy decommissioning work carried out in UK last year despite higher spend

UK decommissioning spend rose to £1.7bn in 2023, but well closures fell nine per cent, with resource clashes and cost inflation stalling progress.

U.S. President Joe Biden speaks at an event, with American flags displayed on a panel behind him.
ClimateClimate FinanceElectricityNewsPoliticsSolarWind

Biden to announce ‘historic’ pledge to World Bank fund for poorest countries, advisor says

Biden to announce historic pledge to replenish the World Bank’s fund for the world’s poorest countries.

FILE PHOTO: The sun sets behind wind turbines at the Saint-Nazaire offshore wind farm, off the coast of the Guerande peninsula in western France, February 25, 2023. REUTERS/Stephane Mahe
AnalysisBusinessEconomyElectricityOffshore WindPoliticsWind

Global offshore wind industry poised to miss big targets as obstacles mount

Global offshore wind faces setbacks: rising costs, delays, and missed targets jeopardize renewable energy goals by 2030.

The illuminated BP logo shines brightly at a gas station during the night.
BiofuelsBusinessElectricityEmissionsHydrogenNatural GasNewsOffshore WindOilSolarWind

European oil giants step back from renewables path

European oil giants, including BP, cut back on low-carbon power and refocus on oil, gas to revive investor confidence.

Deputy First Minister Kate Forbes said the Scottish Government was determined to capitalise on the ‘opportunities’ of the net zero transition (Jane Barlow/PA)
BusinessEconomyElectricityHydrogenNewsOffshore WindPoliticsRegulationsTradeWind

Forbes vows Scotland will capitalise on ‘opportunities’ of net zero transition

Scotland aims to become a global green energy leader by fostering an investor-friendly climate for net-zero projects, says Kate Forbes.

A drone view shows solar panels on the roof of the favela residents.
EconomyElectricityNewsSolarTransmissionWind

Solar power project in Brazil favelas hopes to shine in G20 spotlight

In Morro da Babilonia, Brazil, residents hope their local solar project will gain attention during Rio's G20 summit.

An image of Susana Muhamad, environment minister of Colombia, smiling at the camera.
Climate FinanceCoalElectricityEmissionsFuelNewsOilSolarUnited NationsWind

Colombia’s government is eager for post-fossil fuels economy. But costs are a barrier

Colombia's president, Gustavo Petro, is set on transitioning from fossil fuels, prioritizing the green energy transition despite costs.

AnalysisBusinessEconomyElectricityOffshore WindRegulationsTransmissionUtilitiesWind

Status update: UK offshore wind farms

The UK’s offshore wind farms are vital to its net-zero target, aiming for 50 GW by 2030 to power millions of homes and...

FILE PHOTO: U.S. President Donald Trump speaks with managers and executives during a visit to the Cameron LNG (Liquid Natural Gas) Export Facility in Hackberry, Louisiana, U.S., May 14, 2019. REUTERS/Leah Millis/File Photo
ClimateElectionsElectricityEmissionsEnvironmentLegislationLiquefied Natural GasNewsOilPoliticsRegulationsWind

US energy draws up a wish list for new Trump administration

Trump has vowed to scrap offshore wind projects, roll back climate regulations, open more federal lands and waters to oil and gas drilling.

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