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Electric Vehicle Initiative Launched at Clean Energy Ministerial in Washington DC

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As of 20 July, participating governments include China, France, Germany, Japan, South Africa, Spain, Sweden, the United Kingdom, and the United States. Multilateral Solar and Wind Working Group. Other initial partners include the International Energy Agency. Global Superior Energy Performance (GSEP) Partnership.

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Joint IEA-NEA report details plunge in costs of renewable electricity; nuclear competitive with other baseload power sources

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2010 and 2015 LCOE ranges for solar and wind technologies. The cost of producing electricity from renewable sources such as wind and solar has been falling for several years. Bottom: LCOE ranges for solar PV and wind technologies at three discount rates. Source: IEA/NEA. Click to enlarge. Source: IEA/NEA. Click to enlarge.

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OMV says it will stop oil and gas production by 2050 in transformation to net-zero

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A new propane dehydrogenation (PDH) plant coming on stream in Kallo, Belgium, in 2023, will be key to expanding OMV’s monomer position in Europe. OMV will also expand its solar and wind power generation for captive use to at least 1 TWh and explore opportunities in gas and hydrogen storage solutions.

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