IEA’s new report calls for a fair and affordable transition to clean energy, highlighting disparities in global energy expenditures.
clean energy transition
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Rising interest rates are casting a shadow over the booming renewable energy sector. Analysts warn that higher borrowing costs could slow the transition to clean energy sources, jeopardizing international climate goals. The industry is exploring solutions like alternative financing and cost optimization to weather this challenge.
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Rising concerns about growth prospects and policy uncertainty, particularly in the US, are causing investors to pull back from renewable energy funds, threatening the green energy transition.
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The global offshore wind market is experiencing a resurgence after a period of uncertainty caused by rising costs. Industry leader Miguel Stillwell d’Andrade highlights a “major reset in prices” that is making offshore wind projects economically viable once again.
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US oil refiners posted strong earnings in the fourth quarter of 2023, thanks to favorable crude prices, high refining margins, and robust global demand for fuels. Analysts expect the positive…
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Nigeria’s Zungeru plant, managed by Mainstream Energy Solutions, promises a cleaner energy future and significant economic gains for 30 years.
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In a world striving to balance escalating energy demands with the urgent need to reduce greenhouse gas emissions, a surprising development has emerged. ExxonMobil and Chevron, two of the largest…