The official Twitter page of the industry-leading Reuters Events Energy Transition team, follow us for news, content and events.linktr.ee/reuterseventse… LondonJoined June 2020
Electricity demand is growing exponentially—driven by #AI, #electrification & #DataCenters—but grids worldwide are reaching capacity.
At @Reuters@RE_Transition Summit we discussed how we’re harnessing software to optimize, adapt, & empower grids for a smarter energy future.
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: bit.ly/43my262#ETEU2023
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: bit.ly/43my262#ETEU20…
📰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/markets/commod…
"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/business/energ…
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"
#energytransitionreuters.com/business/aeros…
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/business/susta…
📰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/business/energ…
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. #EnergyTransitionreuters.com/business/energ…
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 @GalpPressreuters.com/business/energ…
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/business/energ…
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/world/middle-e…
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/business/energ…
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/markets/commod…
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 👇
reuters.com/markets/commod…#energytransition
📰"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/business/energ…
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