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Drought Causes a National Disaster in Zimbabwe
Zimbabwean President Emmerson Mnangagwa has declared a national disaster due to a drought that threatens to put 2.7 million people at risk of starvation this year, according to global media. Mnangagwa told a press conference that the country needs two…
German Onshore Wind Sees Record Auction Volumes, Permitting Improvements and Crucial New Port Investments
German onshore wind is going from strength to strength. In a blockbuster announcement the German Federal Network Agency Bundesnetzagentur (BNetzA) has just raised the onshore wind auction volumes for 2024 to almost 15 GW. To put this in perspective, that’s…
Record Reduction of 2023 ETS Emissions due Largely to Boost in Renewable Energy
Last year’s emissions under the EU’s Emission Trading System (ETS) show the most significant annual emissions reductions since the ETS was launched in 2005. The main driver is the power sector’s significant progress in decarbonisation. The data reported by EU…
EBRD and Erste Approve Financing for new Windfarm in Serbia
The European Bank for Reconstruction and Development (EBRD), together with Erste Group Bank AG and its local bank Erste Bank a.d. Novi Sad (Erste), have approved a financing package worth 91.4 million euros for the construction of a new windfarm…
After Slight Rise In 2023, Methane Emissions From Fossil Fuels Are Set To Go Into Decline Soon
Methane emissions from the energy sector remained near a record high in 2023 – but substantial policies and regulations announced in recent months, as well as fresh pledges stemming from the COP28 climate summit in Dubai, have the potential to…
The Future of Heat Pumps in China
Heating accounts for almost 20 per cent of energy use in industry and buildings globally, and about one-quarter of energy-sector emissions. China’s buildings and industry sectors account for about one-third of global heat consumption and therefore have a major influence…
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…