Reuters Events: Energy Transition
@RE_Transition
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The official Twitter page of the industry-leading Reuters Events Energy Transition team, follow us for news, content and events.
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Joined June 2020
🥁Drum roll please… The Trusted Voice of The Global #EnergyTransition returns to New York City in June! Will you be one of the 150+ change-makers joining us? Get the latest updates on Global Energy Transition 2023 by downloading the brochure today #GET23
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RT @SiemensInfra: Electricity demand is growing exponentially—driven by #AI, #electrification & #DataCenters—but grids worldwide are reachi….
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We've teamed up with @smartEnEU for @RE_Transition Europe 2023!.Join us in exploring clean, #SmartElectrification as Europe works towards #NetZero emissions. Learn more about #SmartGrids and their benefits:
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Reuters Events: Energy Transition Europe (13-14 Nov, London) is partnering with @smartEnEU! We’re uniting across the energy, industrial, and government ecosystems to navigate turbulence and deliver the world's first net zero continent. Agenda: #ETEU2023
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Reuters Events: Energy Transition Europe (13-14 November, London) is partnering with smartEn! We’re uniting across the energy, industrial, and government ecosystems to navigate turbulence and deliver the world's first net zero continent. Agenda:
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📰The G7 coalition "will keep a $60 per barrel price cap on seaborne Russian oil, a coalition official said, despite rising global crude prices and calls by some countries for a lower price cap to restrict Moscow's revenues.". Read more below 👇.
reuters.com
The Group of Seven (G7) coalition will keep a $60 per barrel price cap on seaborne Russian oil, a coalition official said, despite rising global crude prices and calls by some countries for a lower...
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"The Middle East has by far the lowest share of clean power in its electricity mix of all regions, but is starting to change that through hefty increases in renewable energy generation capacity.".
reuters.com
The Middle East has by far the lowest share of clean power in its electricity mix of all regions, but is starting to change that through hefty increases in renewable energy generation capacity.
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Sustainable Aviation Fuels currently make up less than 1% of jet fuel. Producers are struggling with the investment costs required to scale up production. IAG, worry that "if Europe cannot keep up it will have to import #SAF". #energytransition.
reuters.com
Energy giant Repsol has bought into Europe's drive for green jet fuel, but believes the 200 million euro ($217 million) plant it is building in southeast Spain faces a bumpier ride than if it was on...
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India may have missed their 2022 targets to install 175GW in renewable energy capacity, but they are continuing their push to an #energytransition - issuing tenders for the installation of 250GW of #greenenergy capacity by March 2028.
reuters.com
India will issue tenders for the installation of 250 gigawatts (GW) of green energy capacity by March 2028, according to a government memo released on Monday, as it looks to cut its emissions by 45%...
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📰Oil prices surged on Monday in response to @OPECSecretariat & their allies announcing production cuts of 1.16 billion barrels a day. The Biden administration have made it clear they believe these cuts are unadvisable given ongoing market uncertainty.
reuters.com
The Biden administration said the surprise oil output cuts announced on Sunday by Saudi Arabia and other OPEC+ countries were not advisable.
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Global electric grids are "not fit for purpose." Optimized for the steady transmission of fossil fuels, traditional electrical grids must adapt to keep up with a constantly changing mix of #renewables and fossil fuel energy sources. #EnergyTransition .
reuters.com
Modern electricity grids that can optimize clean power production from a constantly changing flux of renewable and fossil energy sources will play a vital role in enabling global energy transition...
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Great news for the #energytransition - a record breaking 680 GW of wind energy capacity is set to be installed by 2027. However, the @GWECGlobalWind call for stronger supply chains to ensure that supply of #windenergy continues to grow.
reuters.com
A record 680 gigawatts (GW) of wind energy capacity is expected to be installed by 2027 but policymakers need to ensure supply chain bottlenecks do not slow growth to avoid missing climate targets,...
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The hydrogen market has a "chicken & egg" problem. Investment is difficult without guaranteed offtakers. to combat this Portugal plans to launch Europe's 1st auction for #pipedhydrogen with a contract with @GalpPress.
reuters.com
Portugal will launch a pioneering auction in the second half of this year for rights to sell hydrogen for injection into the national gas grid, which some see as a key step in kickstarting Europe’s...
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Last July, The USA & Canada demanded dispute settlement talks with Mexico, arguing that energy policies in Mexico undermine international firms. 8 Months later, and with no resolution, The Biden Administration are planning an ultimatum - "act now or else".
reuters.com
The Biden administration plans to send Mexico an "act now or else" message in coming weeks in an attempt to break a stalemate in an energy trade dispute as bipartisan calls grow for the U.S. to get...
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Europe is looking for alternative oil sources to ensure steady supply and #energysecurity. @aramco are ramping up refinery output this year. Experts believe this will help meet shortfalls in supply and potentially "cool prices".
reuters.com
Saudi Aramco's Jizan refinery is set to increase output of ultra-low sulphur diesel (ULSD) and reduce exports of vacuum gasoil (VGO) as it ramps up production in the second quarter, industry sources...
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📰Drax will pause their multi-billion pound investment into bioenergy with #carboncapture and storage until there is more clarity on UK governmental support. #energytransition #BECCS.
reuters.com
British power generator Drax will pause its planned 2 billion pound ($2.45 billion) UK investment in bioenergy with carbon capture and storage (BECCS) until it receives more clarity on government...
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Japanese power utilities want G7 to promote countries setting their own #energytransition pathways. Russia's invasion of Ukraine demonstrated how conditions differ from country to country. Should each country develop individualized transition plans?.
reuters.com
Japanese power utilities want Tokyo at the upcoming G7 climate meeting to promote allowing individual countries to set their own path to energy transition, the head of their industry body said on...
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🎧Listen to our very own Luke Brett share his insights on the trends shaping the #energytransition with @RenewablesPod.
From Russia’s invasion of Ukraine to the passage of the Inflation Reduction Act in the US, Luke Brett from @ReutersBiz outlines how policymakers and industry executives are keeping up with rapid changes and continuing the shape the #EnergyTransition.
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India, Southeast Asia and Sub-Saharan Africa are set to overtake the west as key drivers of world energy use by 2050. Currently heavily reliant on fossil fuels, what impact will this have on the #energytransition?.
reuters.com
The Indian subcontinent, Southeast Asia and Sub-Saharan Africa will overtake China, North America and Europe as the key drivers of world energy use through 2050, with implications for global emissi...
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In 2022 China generated 46% more #windpower than all of Europe combined, and saw a 27% surge in solar generation. Are #renewables the answer to limiting the country's reliance on polluting fossil-fuels? Let us know you thoughts 👇.#energytransition.
reuters.com
China has been the world's largest and fastest-growing producer of renewable energy for more than a decade, but has widened its lead over international rivals through a steep acceleration in the roll...
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📰"Timing is key. And sometimes, not being in time is a disaster". Spain & The Netherlands are backing a quick deal on EU market reform. While countries disagree on the exact form this revamp should take, there is consensus on the need for speed.
reuters.com
Spain and the Netherlands have backed a rapid deal on an upcoming revamp of Europe's electricity market, as countries seek to reduce power costs and help their industries compete in global markets.
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