In focus: Net-zero future needs a jigsaw of solutions, with CCS acting as linchpin

Achieving a net-zero future is a challenging task for all countries around the globe. The problematic pieces of the energy transition jigsaw need to shrink as renewable energy sources continue to be explored, expanded and nurtured through new investments. The post In...

IEEFA warns of worsening inflation in power sector with carbon capture and storage in the mix

New report by IEEFA points out that adding CCS to fossil-fired power plants will have unsustainable implications on electricity prices. The post IEEFA warns of worsening inflation in power sector with carbon capture and storage in the mix appeared first on Offshore...

With energy transition off-track, IRENA calls for diverting $1 trillion of annual fossil fuel investment by 2030 to accelerate it

The International Renewable Energy Agency (IRENA) has outlined the investment needs of $35 trillion by 2030 as the price for the green shift. The post With energy transition off-track, IRENA calls for diverting $1 trillion of annual fossil fuel investment by 2030 to...

With over 140 carbon capture, utilisation, and storage hubs in development, 2022 pushes CCUS to new heights

IEA: More than 140 new CCUS projects were announced, ramping up planned storage capacity by 80 per cent, and capture capacity by 30 per cent. The post With over 140 carbon capture, utilisation, and storage hubs in development, 2022 pushes CCUS to new heights appeared...