We are at the beginning of a new Government of Romania, in a period with great challenges, but also problems in the energy sector. In this context, Romania needs more than ever a Government Program with vision, organization, planning, programs, and indeed projects (only the latter were included in the current Government Program). Energy Resilience […]
In 2025, several important movements are expected in the energy sector, as well as developments that we will detail further. By far the most important movement in the energy sector is related to the fact that the cap on energy and natural gas prices expires on March 31, 2025. A question that will resonate at […]
Largely untapped underground energy source can help meet world’s rapidly growing demand for electricity, but cost reductions are needed to drive new generation of projects With global electricity demand set to grow strongly, new technologies are opening up the massive potential of geothermal energy to provide around-the-clock clean power in almost all countries around the […]
With solar leading their rapid deployment, renewables are on course to meet almost half of global electricity demand by the end of this decade, new IEA report says Due to supportive policies and favourable economics, the world’s renewable power capacity is expected to surge over the rest of this decade, with global additions on course […]
Oil demand growth continued its slowing trend in the second quarter of this year, registering an increase of 710,000 barrels per day, the lowest since the second quarter of 2022, the International Energy Agency (IEA) announced. reports EFE. In its report on the global oil market, the IEA attributes this lower growth to the April-May […]
Global spending on clean energy technologies and infrastructure on track to hit $2 trillion in 2024 even as higher financing costs hinder new projects, notably in emerging and developing economies Despite pressures on financing, global investment in clean energy is set to reach almost double the amount going to fossil fuels in 2024, helped by […]
IEA report finds countries’ ambitions and implementation plans are not yet in line with key goal set at COP28, but governments have tools to step up in coming months through NDC process New analysis from the International Energy Agency (IEA) finds that countries have a significant opportunity over the coming months to develop clear plans […]
A tax on big fossil fuel companies could boost climate finance by up to $900 billion by the end of the decade, Oil Price writes. The International Energy Agency (IEA) has repeatedly stressed the need for higher levels of climate finance to achieve global climate goals and achieve a green transition, but finding this money […]
