Year: 2023

The UK government will support British industries—including the construction, mining, and quarrying sectors—with funding of $40.2 million (£32.5 million) to reduce their reliance on fossil fuels. The funding, announced on Friday, will support the development of clean alternatives to oil products to power operations and help industry cut emissions and energy costs, the UK government said. The funds will go toward developing alternatives to red diesel, or gas oil, such as electrification and green hydrogen, and are the government’s latest step in “driving industrial energy independence and encouraging green investment across the…

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Germany has come up with development plans for offshore wind turbine sites, eyeing 30 GW of installed power capacity by 2030, the Economy Ministry said in a Friday statement, according to Reuters. The Federal Maritime and Hydrographic Agency’s (BSH) plan allows for even more wind power capacity, with adequate space for 40GW or even 50GW by 2035—although the details of the plan have not yet been shared. One snippet that has been shared its plans to integrate Germany’s wind turbines into the offshore network of its neighbors bordering the North…

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Solis, a global leader in solar inverter technology, displayed its most powerful inverters at World Future Energy Summit in Abu Dhabi from January 16th-18th. The World Future Energy Summit is the leading international event accelerating sustainability and the global transition to clean energy. Solis’s booth grabbed many eyeballs and was the focal point of attention for visitors at the largest solar energy event in the Middle East. Solis’s new energy storage inverter, the S6-EH1P (3-6)K-L, was the center of the buzz and a major reason for all the excitement surrounding…

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Energy conservation in hot weather could raise mortality rates, a new study that has reviewed data from Japan showed this week. The study, which will be published in the American Economic Journal: Applied Economics, argues that the Japanese government’s energy-saving campaigns since the country closed most of its nuclear power plants after the 2011 Fukushima disaster have led to higher death rates. “Exploiting the electricity-saving targets across regions and over time, we show that the campaigns significantly increased mortality, particularly during extremely hot days,” study co-authors Guojun He and Takanao Tanaka wrote.…

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Solid demand in China, India, and Japan lifted global oil demand by 1.7 million barrels per day (bpd) in November to the highest level since February 2022, new data from the Joint Organizations Data Initiative (JODI) showed on Thursday. China’s oil demand rebounded by almost 1 million bpd in November compared to October, while Chinese crude oil imports surged to a 20-month high, according to the JODI data shared by the Riyadh-based International Energy Forum (IEF). In China, oil demand rose by 985,000 bpd in November to a nine-month high,…

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