Global Scans · Energy · Weekly Summary

WHAT'S NEXT?: By 2025 solar energy will be the cheapest energy option globally. In 2040, oil and natural gas are expected to make up nearly 60 percent of global supplies, while nuclear and renewables will be approaching 25 percent. Improvements in energy efficiency in lighting and home appliances are expected to continue to push residential electricity use lower. The burning of coal will fall out of favor. Transportation energy consumption will be rising in correlation to growth in automated vehicles in the coming years.

• For investors seeking renewable energy stocks in India, NTPC Green Energy offers solid growth potential. 5paisa
• With innovation, superhot rock energy could have the potential to provide long-term, scalable, renewable baseload power in many more places around the world at a scale and cost equivalent to fossil fuels. Cornell Chronicle
• By drilling deeper into the Earth, geothermal systems could access superhot rock energy, where rock is heated to 374 degrees Celsius or hotter - temperatures high enough to carry significantly more energy and produce electricity more efficiently. Cornell Chronicle
• Geothermal energy holds the potential to provide abundant renewable energy at equivalent cost to fossil fuels, and targeted investments could quickly speed its development. Cornell Chronicle
• The NSW Government is unlocking opportunities for more private-sector investment in renewable energy and dispatchable supply to ensure adequate supplies well into the future. NSW Climate and Energy Action
• Last but not least, the International Energy Agency projects that clean energy technologies will increase global demand for lithium by nearly 90% over the next two decades, in a scenario which meets the goals of the Paris climate agreement. Forbes
• Beyond direct green ammonia exports, Egypt holds the potential to diversify its international renewable energy supply chains through the export of minerals and metals, fertilizers, and appliance manufacturing powered by renewable energy. Middle East Institute
• Egypt's development of a green energy ecosystem that more deliberately connects renewable energy production to a diversity of dedicated offtake mechanisms could help provide a solution. Middle East Institute
• In addition to exporting renewable energy globally in the form of low carbon fertilizers, Morocco anticipates exporting 1-3 million tons of green ammonia annually. Middle East Institute
• The Middle East and North Africa will become one of the world's foremost renewable energy producing regions and a hub for international renewable energy supply chains within the next 25 years. Middle East Institute
• Within the next 25 years, the Middle East and North Africa will be a global leader in renewable energy production and a hub for international renewable energy supply chains. Middle East Institute
• Uzbekistan plans to increase the share of green energy to 40% and global production of critical minerals must be increased 6-fold by 2040. Caspian Policy Center
• Sustainability and green energy - With the global push towards sustainability, emerging markets are rich with opportunities for thematic investments in renewable energy, electric vehicles, and sustainable infrastructure. Loanch
• Developing regions such as Asia-Pacific and Africa have some of the highest rates of energy consumption, and the International Energy Agency forecasts that global energy use could rise by nearly 30% by 2040. Markets and Data
• Africa stands at a critical juncture, where the challenges of climate change intersect with the opportunity to redefine its energy future. The Sierra Leone Telegraph
• The Caledonia project is nearly complete, and will provide over 11 million kWh of energy annually, enough to make 57 municipal police stations, fire stations, and health clinics 100% renewable electricity. Energy News Network
• Amid growing concerns about climate change and the global shift towards renewable energy, Tesla's strategic investments in solar energy and battery technology might be its ace card. Jomfruland.net
• With continued advances and successful integrations across sectors, nano nuclear technology could become a cornerstone of future global energy solutions. Jomfruland.net
• Powered by clean energy and transformed by technology, Angola's agricultural renaissance could offer a wealth of possibilities for innovation and growth. Al Jazeera
• The United States is preparing for the largest well-drilling project in history in the search for a resource that could define the future of energy. News Ongoing
• The East Anglia TWO offshore wind farm, located approximately 33 km from the Suffolk coast in the southern North Sea, will have an installed capacity of up to 960 MW, making it an important contributor to the UK's renewable energy landscape. Energy Global

Last updated: 20 December 2024