Asia
Big Plans for Batteries in Europe – Will They Come True?
Due to the key role of batteries, especially in the automotive industry, many companies are striving to start production in Europe. The announced production capacities by 2030 exceed two terawatt-hours annually. However, a forecast by the Fraunhofer Institute for Systems…
Natural Gas Demand Growth Oicks up in 2024 Amid Uncertainties Over Supply
Global demand for natural gas is increasing at a stronger rate in 2024 than in the previous two years, which were heavily affected by the turmoil of the global energy crisis. At the same time, new gas supplies coming to…
July Sets New Temperature Records
Extreme heat hit hundreds of millions of people throughout July, with a domino effect felt right across society. July was one of the hottest – if not the hottest – month on modern record, and the world’s hottest day was…
Natural Gas Demand Growth Picks up in 2024 But Outlook Remains Uncertain
Natural gas markets moved to more pronounced growth in the first half of 2024, with initial estimates indicating that global gas demand increased at a rate well above its historical average during this period. Demand growth is primarily supported by…
Tripling Renewables by 2030 Requires a Minimum of 16.4 Per Cent Annual Growth Rate
The Renewable Energy Statistics 2024 released by the International Renewable Energy Agency (IRENA) today shows that despite renewables becoming the fastest-growing source of power, the world risks missing the tripling renewables target pledged at COP28. To stay the course, the…
Global Temperature Record Streak Continues in April
It was the warmest April on record – the eleventh month in a row of record global temperatures, according to Europe’s Copernicus Climate Change Service (C3S). Sea surface temperatures have been record high for the past 13 months. The monthly…
Widespread parts of Asia and Africa reel under extreme weather
The high-impact weather in the second half of April underlines yet again the vulnerability of society to weather, water and climate-related hazards and the need for Early Warnings For All. The waning El Niño event, alongside a phenomenon known as…