Power
Last month, controversially, Vietnam imported its first Russian LNG cargo, as the country struggles to meet energy demand.
Grid operator Red Electrica has shifted the blame from renewables to power generation for the Spanish blackout that occurred last month.
A gas-fired power plant operated by Florida Power & Light emitted large volumes of methane at least five times in recent months.
Bangladesh’s energy regulator has raised the gas tariff for new industries and captive power plants, in spite of pushback from businesses and rights groups.
Despite calls for Nigeria to move away from fossils fuels on its path to net zero, the country’s power minister has called for increased Nigerian gas investment to unlock power sector potential.
The government has been trying to clean up Vietnam’s power sector, but is facing considerable self-inflicted problems.
The removal of a fuel subsidy led to higher fuel prices and affected the cost of living. Experts propose using gas as an alternative fuel option for generators in Nigeria but that raises safety, sustainability, and environmental concerns.
Vietnam’s power plan was approved after more than two years of delays, political bickering and a dozen various draft versions.
The complete decarbonization of Italy’s power sector by 2035 is achievable but requires a massive ramp-up of installed renewable capacity in the coming decade, environmental groups said.
The first-of-its-kind limits on power plant emissions would mark a major turning point in U.S. climate action
The government’s new ‘Powering Up Britain’ report is underwhelming for the UK renewable energy sector, experts say.
Against a backdrop of the U.S. dollar crisis, state-run Bangladesh oil and gas firm Petrobangla is having trouble meeting its payments.
Bangladesh has initiated a fast-track move to award new contracts to generate around 1,000 MW of electricity from renewable energy and bring it online within the next year and a half to meet growing demand for electricity without using fossil fuels.
India expects its power generation base to more than double by 2032, mainly on the back of fast-paced expansion in solar and wind power capacity, but fossil fuels will continue to play a prominent role.
The declining cost of renewable energy technologies and battery storage coupled with rising volatility in prices for fossil gas has boosted the economics of renewables further. Analysis carried out by TransitionZero found it is now cheaper to switch from coal to green than from coal to gas in power generation.