Search Results for fuel
Imports of green energy products more than doubled in 2022
Clean energy is a fundamental part of the European Green Deal. In pursuit of this, green energy products such as wind turbines, liquid biofuels and solar panels are required. Utilising these energy products also reduces the energy import dependencies highlighted…
Latin America to play an essential role in the global transition to a more secure and sustainable energy system
At a time of rising geopolitical uncertainty and accelerating energy transitions, an extraordinary endowment of energy and mineral resources, as well as a history of clean energy leadership, positions Latin America and the Caribbean to play an increasingly influential role…
DEVELOPING ELECTROMOBILITY AS VOLVO’S PRIORITY
Modern society is completely reliant on transport modes that cover long distances in a short time. Considering that traffic represents one of the most important sources of environmental pollution, it is not surprising that around 60 per cent of all…
Removing Barriers for Green Hydrogen Deployment
According to IRENA’s World Energy Transition Outlook, hydrogen and its derivates are projected to make up 14 percent of global total final energy consumption by 2050 in a world aiming to stay under a 1.5-degree temperature increase. The eighth meeting…
THE CIRCULAR ECONOMY IN THE OIL INDUSTRY: REDUCTION OF RAW MATERIALS, WASTE AND EMISSIONS
According to the official data posted on the website of the European Parliament, 2.2 billion tonnes of waste are generated in the European Union each year. More than a quarter of it includes municipal waste: everyday waste that is collected…
MENA’s Transforming Role in an Evolving Energy Landscape
The Middle East and North Africa (MENA) region has been leading fossil fuel production for decades, creating tremendous economic growth. However, fossil fuel-driven growth has proven to be unsustainable for both people and planet. As the climate action clock ticks,…
Electricity and gas prices stabilize in 2023
After a significant increase in prices that started before the Russian invasion of Ukraine, but skyrocketed through the second semester of 2022, electricity and gas prices are stabilizing. The prices of energy rose due to an increase in the price…