World
-
Trends
COP28 Concludes with Landmark Decision to Shift Away from Fossil Fuels
Negotiators from nearly every country in the world closed COP28 with a decision that—for the first time—formally recognizes the necessity of moving away from fossil fuels to achieve Paris Agreement targets. The decision, adopted on the last day of the two-week 28th Conference of the Parties (COP 28) to the UN Framework Convention on Climate […]
-
History
2021: A Dark Year for Electricity Security, Reliability
While 2021 kicked off short on optimism given chaos from the COVID-19 pandemic, the year was characterized by an extraordinary series of critical energy crises. Power blackouts, brownouts, interconnection mismatches, severe fuel shortages, and near-misses affected nearly every region in the world. Here’s a brief look back at some of the events that characterized 2021. […]
-
Gas
THE BIG PICTURE [Infographic]: The LNG Trade Shakeup
In 2019, global liquefied natural gas (LNG) imports reached 482 billion cubic meters, up 13% from 2018, according to BloombergNEF figures cited in the International Gas Union’s August–released Global Gas Report 2020. Last year, the world also saw a definitive shakeup in rankings of importers and exporters. Compared to 2018, LNG imports by Japan and […]
Tagged in: -
Nuclear
IAEA: Global Nuclear Power Industry Is ‘Struggling’
Nuclear power’s share of the world’s power generating mix could shrink dramatically from 10% in 2017 to just 5.6% in 2050 as the industry struggles with “reduced competitiveness,” the International Atomic Energy Agency (IAEA) suggested in a new report. The international organization based in Vienna, Austria, that works to promote the peaceful use of nuclear […]
Tagged in: -
Renewables
New Carbon Targets, Other Measures Proclaimed at UN Climate Summit
Several countries and companies at the United Nations (UN) Climate Summit 2014 in New York City pledged action to address climate change by slashing carbon emissions, mobilizing funding, or putting a price on carbon. The one-day event on Tuesday was designed to raise political momentum and spur transformative action ahead of COP 21, the December […]
Tagged in: