KEY POINTS The global goal to triple renewable energy capacity by the end of the decade is still attainable, but substantial investments in power grids and energy storage are required, …
COP28
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Oil prices plunged to their lowest levels in six months on Tuesday, as investors worried about the outlook for the global energy market. The Brent crude oil price, the international …
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Oil prices remained steady on Monday as the United States announced plans to buy up to 3 million barrels of crude for its Strategic Petroleum Reserve (SPR) in March 2024. …
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As COP28 nears its deadline, the UN climate chief calls for an end to obstruction in crucial talks on fossil fuel phase-out and climate finance
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NUPRC sets a new course for energy transition and decarbonisation in Nigeria, revealed at COP28.
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Energy TransitionIn the News
Over $175-Million Pledged for Africa’s Climate-Aligned Infrastructure at COP28
Global and African partners pledge over $175 million at COP28 for sustainable, climate-aligned infrastructure development across Africa.
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In a groundbreaking move, several African nations have expressed their intent to join the Battery Energy Storage Systems (BESS) Consortium. This initiative, launched at COP28, promises to revolutionize Africa’s energy …
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Environment Minister Barbara Creecy urges developing nations to make sure energy security and jobs are prioritized in any arrangement
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South Africa is facing a severe energy crisis as the state-owned utility Eskom struggles to keep up with the demand for electricity. The country has been plagued by frequent and …
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Energy TransitionIn the News
African Scientists and Youth Urge Leaders to Reject Fossil Fuels at COP28
A group of nearly 50 scientists and over 2000 youth from 30 African countries have written an open letter to African heads of state and governments, urging them to reject …