Search Results for fuel
REPowerEU: A Plan to Rapidly Reduce Dependence on Russian Fossil Fuels and Fast Forward the Green Transition
The European Commission has presented the REPowerEU Plan, its response to the hardships and global energy market disruption caused by war in Ukraine. There is a double urgency to transform Europe’s energy system: ending the EU’s dependence on Russian fossil fuels, which…
Fuel Price, Excise, Strategic Reserves of Oil and Petroleum Products – What Do We Know About It?
Fuel prices plummeted again in February, causing concern in the local market, especially after additional forecasts that the cost of crude oil will continue to rise. Although it is impossible to stay immune to the changes happening in the global…
ABB to Power World’s First Hybrid-Electric Biomass Fuel Carriers
The Japanese Shipowners’ Association has announced that the Japanese shipping industry will take on the challenge of 2050 net zero GHG. One of its most significant initiatives is e5 Lab Inc., a consortium comprising Asahi Tanker Co., Ltd., Exeno Yamamizu…
Speed Up Green Transition to Break From Russian Fossil Fuels, Say 11 EU Countries
Europe must speed up the rollout of renewable energy and energy efficiency measures in response to Russia’s invasion of Ukraine, according to eleven EU countries. The invasion of Ukraine put a spotlight on Europe’s dependency on Russian fossil fuel, particularly gas,…
Support Shifts Away from Fossil Fuels Despite Rising Energy Prices, Survey Finds
According to a new survey, there is strong global support – across all countries and demographic groups – for the energy transition to move away from fossil fuels. A majority of consumers worldwide expect their overall spending power to be significantly…
Renewables and Green Gas: The Only Viable Antidote to High Fossil Fuel Prices
Outdated perceptions of the costs of clean energy remain a major barrier to the energy transition. Despite the dramatic fall in prices across these technologies, the dialogue surrounding ‘cheap’ fossil fuels and ‘expensive’ renewable energy endures, and must be changed.…
Energy Efficiency Hub Launched to Boost Cooperation on World’s ‘First Fuel’
The Energy Efficiency Hub – a global platform for collaboration aimed at delivering the social, economic and environmental benefits of more efficient use of energy – was launched on 1 December at an event hosted at the International Energy Agency…