The head of the world’s largest oil company has acknowledged the rise in electric vehicles (EVs) but pointed out that it doesn’t represent a real transformation in relative terms.
Investment in the battery energy storage, smart grid and energy efficiency sectors has topped $1bn in the first nine months of this year, new analysis has found.
The World Energy Council has released its Energy Trilemma Index. The tool produced, in partnership with Oliver Wyman, ranks countries on their ability to provide sustainable energy through 3 dimensions: Energy security, Energy equity (accessibility and affordability), Environmental sustainability.
Equipment & Technology
Saga Energy, the Norwegian solar company, has struck a $2.9bn preliminary agreement to install 2 GW of solar power capacity in Iran.
The decision by the British government to withdraw from the European Atomic Energy Community (Euratom) in tandem with its withdrawal from the European Union, or Brexit, is continuing to cause some concern for the future of the country’s nuclear power industry.
IFC, a member of the World Bank Group, and EBRD are helping Serbia boost its renewable energy production and improve its energy mix by providing a €215m lending package to a joint venture developing a 158 MW wind farm, the largest in the Western Balkans.
China holds its position at the top of the latest EY Renewable energy country attractiveness index (RECAI) after overtaking the US in May this year, while India’s second position in the top 40 country ranking looks increasingly precarious.
A leading cybersecurity expert has warned that “there’s no real cyber insurance out there – it’s not protected”.