There’s still a place for nuclear in the energy mix, if only investment would get back on track, Bloomberg states. Energy giant BP Plc has been publishing its annual review of global energy statistics for seven decades. The latest edition published in July is, understandably, quite focused on the largest year-on-year decline in primary energy […]
It was a year and one month ago when first media reports of an emerging normalization agreement between Israel and the United Arab Emirates appeared. The Israel-UAE normalization agreement, was initially agreed to in a joint statement by the United States, Israel and the UAE more than a year ago, on August 13, 2020, officially […]
To meet climate targets and avoid economic collapse, countries such as Iraq need international support in the transition to clean energy, Ali Allawi and Fatih Birol state in the article for The Guardian. Ali Allawi is deputy prime minister and finance minister of Iraq. Fatih Birol is the executive director of the International Energy Agency. […]
From Abu Dhabi to Manama, engineers and scientists in the Gulf are pioneering energy development to prepare for a fast-approaching future without the petroleum industry, writes Austin Bodetti, The New Arab states. While the Gulf region today symbolizes the world economy’s dependence on fossil fuels, the region’s Arab monarchies may soon adopt a once-implausible mantle: […]
The share of renewables in Gulf states’ electricity generation is marginal, and the region still utilizes fossil-fuel driven power grids, but the potential for clean energy is substantial, Al-Monitor states. Electricity consumption in the Gulf region is reaching its annual peak as armies of energy-intensive air conditioners work at full throttle to insulate populations from […]
The finance minister of Iraq, one of the founding members of the global oil cartel Opec, has made an unprecedented call to fellow oil producers to move away from fossil fuel dependency and into renewable energy, ahead of a key Opec meeting. Ali Allawi, who is also the deputy prime minister of Iraq, has written […]
Sharjah’s homegrown success Bee’ah is evolving for a new sustainable age by becoming a digitally-focused sustainability company, with Tesla trucks and an AI-powered headquarters inspired from science fiction stories using the very latest in technology. This is the main statement of Bee’ah Group CEO HE Khaled Al Huraimel, published by Arabian Business. There is an […]
The sooner each GCC country defines their specialised positions, the sooner they will be able to seize the opportunities of the new post-oil era. This is what Noha Al Dhahri, consultant from OCO Global, states in the Arabian Business article. As crude oil prices decreased in mid-2014, the Gulf Cooperation Council (GCC) awoke to the […]
Abu Dhabi-based clean energy major Masdar and PT PJBI, a subsidiary of Indonesia’s state-owned electricity company PT PLN, have announced the financial close on the Cirata floating photovoltaic power plant project, Arabian Business reports. Financing for the project – Indonesia’s first floating solar power plant – was arranged through Sumitomo Mitsui Banking Corporation, Societe Generale, […]
Let’s get squinted with Dr. Shirley Yu, a political economist and nonresident fellow at Harvard University’s Kennedy School of Government, point of view about Chinese renewables politics. It’s crucial for us to compare the different opinions on this hard-discussed topic. *** US President Joe Biden would like to be remembered as the Earth-saving president. But […]