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3 Oil Majors That Bet Big On Renewables

Green Car Congress

Despite the much-vaunted megatrend involving the global electrification drive and shift to renewable energy , the most ambitious pledges by Big Oil to pursue net-zero agendas remain weak at best. Equinor has announced plans to invest $10B into clean energy by 2025, mostly through its offshore wind portfolio. 1 Equinor. 2 Total SA.

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Wind-to-Hydrogen Tech Goes to Sea

Cars That Think

Many countries have met their climate goals and are on track to be completely carbon neutral. Wind and solar parks produce a large portion of their energy. Then, as now, wind farms are operating off the world’s coasts—but not all of these offshore sites are connected to the mainland via underwater power cables.

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JRC: Increased use of renewables results in growing GHG emission savings in the EU; transport contribution only 5%

Green Car Congress

Greenhouse gasses (GHG) emission savings due to final renewable energy consumption in electricity; cooling/heating; and transport sectors rose at a compound annual growth rate of 8.8% Nearly two thirds of the total savings came from renewable energy development in Germany, Sweden, France, Italy and Spain. Click to enlarge.

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Research Suggests Renewables Could Generate 40% of Global Power by 2050

Green Car Congress

Renewable energy technologies could generate 40% of the world’s electricity by 2050, according to research presented at the International Scientific Congress “Climate Change: Global Risks, Challenges & Decisions”. More specifically, Germany has more than doubled its share of renewable energy since 2000.

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Renewable Energy Generation: Change is not a destination, just as hope is not a strategy, a lesson exported from Detroit

Green Car Congress

Fifty years later, the USA is faced with a similar challenge, energy independency and climatic change. On December 16, 2010 the US DOE Energy Information Agency (EIA) published a report projecting that renewable energy will still only constitute 12 percent of the USA’s energy sources by 2035. Source: EIA. Click to enlarge.

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Global Wind Power Capacity Grew 28.8% in 2008; 120.8 GW Total

Green Car Congress

Global wind energy capacity grew by 28.8% GW at the end of 2008, according to the Global Wind Energy Council. More than 27 GW of new wind power generation capacity came online in 2008, 36% more than in 2007. New US wind energy installations totalled 8,358 MW for a total installed capacity of 25,170 MW. billion (US$46.8

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Mad Power thoughts

EV Info

Wind farms stand idle for days on end, a fire interrupts a vital cable from France, a combination of post-Covid economic recovery and Russia tightening supply means the gas price has shot through the roof – and so the market price of both home heating and electricity is rocketing. Climate Change. Energy Solutions.

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