International Energy Agency (IEA)
According to the International Energy Agency, to reach a worldwide net-zero economy by 2050 clean energy investments must double to $4 trillion per year.
The U.S. Department of Energy announced $24 million in grants to support the development of next-generation concentrating solar-thermal power technology.
Decarbonizing heavy industry was a key theme at the Global Clean Energy Action Forum, where global leaders discussed slashing those hardest-to-slash emissions.
A panel of energy experts discussed LNG in the context of significant shocks to the market’s supply and demand this year.
Meeting the Paris Agreement goals cannot happen without carbon capture, Energy Secretary Jennifer Granholm told the Global CCS Institute Forum.
LS Power seeks a measured phaseout of natural gas generation, saying an immediate switch to carbon-free sources will cause chaos and undermine climate efforts.
Delegates tackled issues related to private finance, industrial sector emissions and security for critical minerals at IEA’s 2022 Ministerial in Paris.
Shell CEO Ben van Beurden said at IEA’s Ministerial in Paris that clean technology mandates can give customers affordable products for the energy transition.
PJM energy prices last year surged to their highest levels since 2014, more than making up for declines from the pandemic-driven economic downturn in 2020.
IEA released its annual World Energy Outlook a month earlier than usual as a guide for policymakers ahead of the U.N.'s Glasgow conference in November.
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