Newsletter Subscribe
Enter your email address below and subscribe to our newsletter
Energy
China’s petrochemical surge is driving global oil demand growth
The global petrochemical industry – essential to the production of clothing, tyres, detergents, fertilisers, and countless other everyday products – is currently going through a momentous period of transition. Driving this change is a towering wave of new petrochemical plants,…
The EU built a record 17 GW of new wind energy in 2023 – wind now 19 per cent of electricity production
According to WindEurope data, the EU built 17 GW of new wind farms in 2023: 14 GW onshore; 3 GW offshore. These numbers are slightly up on 2022 and are the most the EU has ever built in a single…
Massive expansion of renewable power opens door to achieving global tripling goal set at COP28
The world’s capacity to generate renewable electricity is expanding faster than at any time in the last three decades, giving it a real chance of achieving the goal of tripling global capacity by 2030 that governments set at the COP28…
Drop in EU imports of energy products in Q3 2023
In the third quarter of 2023, the EU imported 35.4 billion euros worth of energy products amounting to a total of 65 million tonnes. Compared with the same quarter of 2022, imports decreased both in value (-49.1 percent) and in…
New Wind Charter and national wind pledges underline ambition for wind power in Europe
The EU’s ambition to advance wind energy took two further steps forward in the margins of Energy Council in Brussels, following up on two of the measures outlined in the recent European Wind Power Action Plan. Firstly, the vast majority…
Global coal demand expected to decline in coming years
After reaching an all-time high this year, global coal demand is expected to decline to 2026, according to the latest edition of the International Energy Agency’s (IEA) annual coal market report – the first time that the report has predicted…
Paving the way towards a sustainable energy future
The 21st Energy Community Ministerial Council will take place on 14 December in Vienna under the presidency-in-office of Albania of the Energy Community. The Council will be chaired by Deputy Prime Minister of Albania, Belinda Balluku and the Deputy Director…