Fossil Fuels

Europe can halve gas usage, save US$ 350bn by 2030 by doubling renewables release
Europe can cut in half the amount of gas in its energy mix and decrease energy costs by EUR323 billion (US$ 356 billion) if it rapidly accelerates renewable release, according to a brand-new report from energy technology group Wärtsilä.
Mar 29, 2022 // Markets & Finance News, Ukraine, Europe, European Union, IEA, european commission, Wartsila, Fossil Fuels, energy crisis, russian gas
Fortescue, AGL Energy bid to transform NSW coal plants right into wind and also PV-powered hydrogen centers
Mining gigantic Fortescue is to partner with Australian energy major AGL Energy to take a look at the potential of repurposing tradition coal properties for renewables-powered green hydrogen centers.
Dec 9, 2021 // Plants, Storage, Australia, AGL Energy, Oceania, coal, green hydrogen, decarbonisation, Fossil Fuels, electrolysers, Fortescue, solar-hydrogen
Solar significantly beating even cheapest fossil fuels on price, IRENA study finds
The quantity of renewable energy that came in more affordable than one of the most affordable nonrenewable fuel source alternative doubled last year, according to brand-new evaluation from the International Renewable Energy Agency (IRENA).
Jun 24, 2021 // Markets & Finance News, Policy, IRENA, reports, Francesco La Camera, Fossil Fuels, cost competitiveness
United States Treasury to rob nonrenewable fuel source subsidies to pay for ITC extensions, other clean programs
The US Department of the Treasury has actually disclosed exactly how new eco-friendly tax incentives will certainly be spent for by a tax raid on the fossil fuel sector, removing aids for oil and gas business.
Apr 8, 2021 // Markets & Finance News, investment tax credit, regulation, Fossil Fuels, US policy
Renewables Trump Fossil Fuels in Europe for H1 2020: Report
In H1 2020, renewable energy sources created 40 percent of the EU-27 (European Union) electricity as they overtook nonrenewable fuel sources for the very first time
Jul 23, 2020 // Market Research, Market research, Renewable Energy, Ember, Fossil Fuels, Fossil Fuels H1 2020, H1 2020