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Morocco Becomes IEA Association Country, the First for the Middle East and Africa
The International Energy Agency (IEA) welcomed the Kingdom of Morocco as an Association Country recently, deepening the partnership between both parties for a more sustainable and secure energy future. Morocco becomes the latest member of the IEA family and the…
French nuclear power in ‘worst situation ever’, says former EDF director
In the week Britain exports electricity to France for first time in four years, Gérard Magnin says renewable power will match Hinkley Point C on cost. Gérard Magnin, who called Hinkley “very risky” when he resigned as a board member…
Report: China Risks Wasting $500bn On Unneeded Coal Plants
China is at risk of wasting almost half a trillion dollars on new coal plants which could quickly become stranded assets as a result of the country’s pursuit of a lower carbon economy. That is the conclusion of a new…
Investment in Renewables
On Nov. 4, Walmart announced an aggressive plan to increase its investments in renewable energy, pledging to power half its operations from wind, solar, and other renewables by 2025 and to cut the carbon footprint of its operations by 18…
Report: Low-Carbon Now Dominates UK Power System
More than half of the electricity generated in the UK now comes from low carbon sources such as wind, solar, nuclear energy and biomass, according to a new study which underlines the stunning transformation taking place in the UK energy…
IRENA/ADFD Open Fifth Round of Funding for Renewable Energy Projects
The International Renewable Energy Agency (IRENA) and the Abu Dhabi Fund for Development (ADFD) have officially opened the fifth round of funding for renewable energy projects in developing countries. The funding round of approximately USD 50 million is part of…
Global oil demand could peak by 2020, says Shell
The rise of electric cars has led many analysts to make predictions about the future of the oil industry. ExxonMobil and OPEC have both made statements indicating confidence that the majority of vehicles on the world’s roads will continue to…