World Energy Council gives out clear message on move away from fossil fuels, but the fossil fuel industry wasn’t listening.
Articles by Karel Beckman
EU and Germany should set up a “Marshall Plan” to bring about a Ukrainian energy transition, rather than trying to maintain Ukraine as a failed gas transit state.
Ex-CEO of Shell, says the energy transition presents great opportunities for oil and gas companies to develop new forms of energy and move away from fossil fuels.
According to CTI, over $2 trillion of new and existing investment is in danger of being wasted over the coming decade if governments and companies don’t take action to divert investments away from fossil fuels.
In a new market report on renewable energy, the IEA notes that renewables will represent “the largest single source of electricity growth over the next 5 years.
Shell’s departure from the Arctic is another sign that the End of the Oil Age is in sight.
Steve Holliday, CEO of National Grid, believes the idea of large coal-fired or nuclear power stations to be used for baseload power is “outdated”.
One-third of electricity produced in Europe last year came from renewable energy. “There is a revolution taking place”, say transmission network operators.
Major oil companies all avowed their belief that gas will be the world’s “fuel of choice”, but are they overstating the case for gas?
Oil companies like Shell have unique skills that make them ideally placed to help build the energy world of the future. Yet they seem unable to look beyond their own interests.