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Old Mines Can Be Used for Energy Storage

In addition to renewable energy production facilities being built left and right, the energy transition we are striving for also requires the construction of energy storage facilities since the efficiency of renewable sources, such as solar and wind farms, is…

Record Growth in Renewables, but Progress Needs to be Equitable

Renewable Capacity Statistics 2024 released by the International Renewable Energy Agency (IRENA) today shows that 2023 set a new record in renewables deployment in the power sector by reaching a total capacity of 3,870 Gigawatts (GW) globally. Renewables accounted for…

CONTINUED DROP IN EU IMPORTS OF ENERGY PRODUCTS

In the fourth quarter of 2023, the EU imported 111.3 billion euros worth of energy products amounting to a total of 187.9 million tonnes. Compared with the same quarter of 2022, imports decreased both in value (-34.2 percent) and in…

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