Energy Industry News | Market Research Future | Latest Energy Trends

China To Achieve Its Target In The Wind And Solar Energy By 2025

By Anshula Mandaokar, 09 August, 2023

China is enhancing its position in renewable power by making the country's place in the top globally in 2023. The country hopes to improve its position in its own energy targets.

According to the information given by Global Energy Monitor, by doubling its capacity, China expects to generate 1200 gigawatts of wind and solar energy by the end of 2023 to achieve its 2030 goal in the same segment in five years. Global Energy Monitor is an NGO that tracks the operation of utility-scale wind and solar farms as future targets of China. The source adds that…

Japan Proposes To Set Up Global Emergency Reserve For Natural Gas

By Anshula Mandaokar, 16 August, 2023

Japan is one of the biggest importers of energy commodities, and the country suggests setting up a global emergency reserve for natural gas like the emergency reserve for oil requirements by the International Energy Agency (IEA) to control any future shortages and hikes in the prices of resources.

According to reliable sources, Japan is expected to put forward the idea of global emergency gas stock at a natural gas conference in Tokyo in July 2023. The European Union has a collective target to have gas storage sites to 90 percent by November 1st of…

Dilemma Between Environment Protection and Economy for the United States Creates Confusion

By Anshula Mandaokar, 24 August, 2023

The United States has devised six proposals explicitly designed to limit greenhouse gas emissions in 2023 that are responsible for climate change. The US people have been battling whether to prioritize the environment or the economy over the last few decades.

A recent survey shows people have chosen an environment dating to the 80s and 90s nationally. Still, this scenario took another shape as the new age began in the nation. However, the support for the environment comes forward with options like 59 percent of people supporting the setup of electric…

Clean Energy Target Can Transform the World Into a Better Place

By Anshula Mandaokar, 11 October, 2023

The growing climate change lays numerous reasons to opt for an energy transition by lowering the need for fossil fuels and shifting the focus to renewable energy. Many countries have aims to achieve net -zero by 2050. Thus, energy transition is an awakening process to fight against climate change in 2023 as different nations take necessary actions against it.

According to recent trends in 2023, the clean energy sector sees progress in the economy in 2023. The investment in clean energy is gaining momentum in 2023 since sustainable development goals…

Hydropower Generation in the U.S. Reduced by 6 Percent in 2023 as Reported by EIA

By Anshula Mandaokar, 03 November, 2023

The United States faced a shortage in water supply in the summer of 2023 due to specific weather events. The Energy Information Administration (EIA) declared to reduce the United States hydropower generation by 6 percent in 2023.

In the United States, more than half of the country's hydropower is generated in the Northwest region. According to EIA, loss of water supply due to more than average temperature in May 2023 has resulted in the loss of water supply. The loss of water supply is due to snow melting rapidly in the Northwest region of the United…

New Google Search Features to Aid IEA Data on Heating Systems and Electric Vehicles

By Shubhendra Anand, 20 November, 2023

The clean energy transition worldwide is shifting the focus from conventional vehicles to electric vehicles and heat pumps in 2023. Global energy transition highlights the advantage of electric vehicles compared to conventional fuel-based cars. The same applies to traditional heat pumps and their alternatives, like electric heating systems.

Based on data released by the International Energy Agency (IEA), Google has launched two new search options to help consumers make good decisions regarding the energy sector in their everyday lives. IEA's new…

Europe Plans to Be Self-Sufficient with Renewable Energies by USD 2.1 Trillion in 2023

By Shubhendra Anand, 29 November, 2023

Europe is expected to become self-sufficient in wind and solar energy by USD 2.1 trillion in 2023. The International Monetary Fund (IMF) released data on USD 7 trillion in fossil fuel subsidies supported by businesses and consumers in 2022 for various geopolitical reasons.

Based on the survey, Europe can completely transform itself to wind and solar energy worth USD 2.1 trillion in 2023. Europe expects to release itself from fossil fuels, such as oil, coal, and other fuels, to completely turn towards the clean energy transition in 2023. The survey to…

Africa To Overtake Europe in the Geothermal Power Sector by 2050

By Shubhendra Anand, 06 December, 2023

Africa sets up a superior geothermal power sector to surpass the geothermal setup of Europe by 2050. The surveys in 2023 show that the African geothermal format can overtake the European geothermal power sector with an investment of USD 35 billion by the end of 2050.

The recent development implies that Africa's geothermal sector is ready to meet the exponentially growing energy demands in the countries. With the latest reports on the geothermal industry, Africa's geothermal energy sector stands at sixth position worldwide in 2023. However, the region is…

Study Says Plastic Recycling Can Be More Environment Friendly With New Method

By Anshula Mandaokar, 13 December, 2023

The clean energy transformation by countries worldwide has accelerated the process of innovation and new findings to help improve the phenomenon. A study conducted in 2023 shows that waste plastics can be turned into clean hydrogen and high-value graphene.

A recent study conducted by scientists proves that waste plastics can be transformed into high-value graphene and clean hydrogen. The study demands that the process involved in the conversion can convert unsorted and discarded plastics to valuable by-products. The technique involved in transforming…

United States May Face Shortage in Supply of Natural Gas in Winter 2023

By Shubhendra Anand, 22 December, 2023

The United States faces the problem of natural gas supply in 2023 due to a shortage of pipelines. The researchers warned about the same in the earlier phase of 2023 that a lack of channels also makes the natural gas supply vulnerable.

Natural gas pipelines are also vulnerable to electric outages. In the United States, all primary energy is from natural gas. Natural gas supplies up to 32 percent of the primary energy in the United States. Earlier, the international natural gas pipeline between the countries was mainly for the natural gas pipeline…

United Kingdom Expects to Boost Electricity Produced from Wind Energy in 2023

By Shubhendra Anand, 26 December, 2023

The United Kingdom government to provide more electricity from wind energy production in 2023. The government of the UK expects to implement this in the following renewable energy auction in 2023.

According to the decision taken by the United Kingdom, it will increase the number of electricity produced from wind farms by 66 percent in 2023. The clean energy transformation is happening at the root level worldwide, and UK’s recent decision to boost the electricity from wind production implies decisive actions towards the target. The clean energy…

Canada Takes Initiatives to Finance Green Technologies in 2023

By Aarti Dhapte, 27 December, 2023

The investment in clean energy transformation in different countries will increase exponentially in 2023. Countries worldwide have prepared themselves to achieve the target of clean energy transition by 2050 and Canada is one of them. The Canadian government has revealed that the country will finance investment tax credits (ITCs) for the Carbon Capture and Storage (CCS) and net-zero energy technologies in 2023.

The Canadian government’s decision on the subsidies will lead to more investments for green energy in 2023. Canada is known to be the fourth…

U.S. Carbon Dioxide Emissions in Food Sector is Higher in 2023

By Shubhendra Anand, 04 January, 2024

The energy consumption by different nations contributes towards the consumption of carbon and other gases that affect the environment. Studies have proved that food is a basic need; it holds a large share of households' water and land use, up to 65 percent globally. The Energy Information Administration suggests that United States carbon dioxide emissions have increased in the energy sector in the last few months of 2023. Food-related carbon emissions in water usage is 60 percent higher than other sectors considered to record United States carbon…

Gasoline Prices in 2023 See a Decline in Prices Since December 2022

By Shubhendra Anand, 10 January, 2024

Gas prices fluctuated throughout 2023 based on geopolitical issues, inflation, consumer demands, and production, among many other factors. The global economic crisis clutched prices, and gas prices were no exception. The United States Energy Information Administration reveals that the national average price of one gallon of gasoline declined to USD 3.14 in the second week of December 2023.

According to surveys, the recent decline in gasoline prices is due to the sharp decline in crude oil prices in 2023, such as West Texas Intermediate crude (WTI)…

Electric Vehicle Sales Soar in November 2023

By Shubhendra Anand, 12 January, 2024

Earlier in the beginning of 2023, the surveys claimed that electric vehicle sales would increase in numbers by the end of 2023. The electric vehicles market is expanding with growing concerns over sustainable development goals and reduction in carbon emissions by the end of 2050. A survey report shows that the electric vehicle market sees a 20 percent soar in global sales for November 2023.

Electric vehicles are witnessing exponential growth in the market for 2023 due to various reasons. The transportation sector has gradually transformed to electric…

Electricity Plays Pivotal Role In Climate Change Of 2024

By Shubhendra Anand, 17 January, 2024

The rise in global temperature may see a solution that can control the surface temperature on Earth in a balanced position in 2024. The environmental temperature can be prevented from going up with clean energy transition by following various techniques. The focus on the cooling capacity of electric appliances throughout 2024 will be more to accelerate the clean energy transition.

According to recent survey reports from the United Nations Environment Programme (UNEP), the number of cooling appliances will increase by 2050, indicating more electricity…

Energy Markets To See New Changes In 2024

By Shubhendra Anand, 18 January, 2024

With an end to the current economic year 2023, the energy market has high hopes for the upcoming 2024. The energy market expects to improve in all sectors in light of the transition to clean energy in the forthcoming years. The energy sector aims to develop new incentives for solar, wind, and electric vehicles, among others, as the primary developmental industries in 2024.

According to OPEC (Organization Of The Petroleum Exporting Countries), most nations' first three quarters of 2023 witnessed economic growth. Therefore, the economic growth for 2023…

Hydrogen Plays Pivotal Role In Clean Energy Transition

By Shubhendra Anand, 24 January, 2024

The transition to clean energy is considered one of the countries' important goals in 2023. The nations are taking various initiatives that reflect that the clean energy transition is in full swing to achieve at least half its way by the end of 2030. The essential aspects of clean energy transitions are net zero emissions, carbon emissions reduction, and decreasing fossil fuel energy usage. Governments of different nations aim to achieve a clean energy transition by 2050 with transformations in various fields of the environment. Studies have found that…

Europe Transforms Into Clean Energy in 2024 with Renewable Sources

By Shubhendra Anand, 05 February, 2024

With the beginning of 2024, the clean energy transition will take up more energy and speed to transform the energy sector into greener ways throughout the year. European countries are contributing towards green energy trends while moving into 2024.

The clean energy transition occurs in the renewable energy sector, where electricity and fossil fuels are the main attraction. The electrification of transportation to replace conventional vehicles and substituting solar and wind energies in place of fossil fuels are the essential goals of the clean energy…

Demand in Electricity Production Requires Fossil Fuel in 2024

By Shubhendra Anand, 07 February, 2024

Global electricity demand is expected to boom faster due to clean energy transitions in the track. Experts believe that low-emissions electricity is expected to catch up with good speed in the transition to clean energy as it reduces environmental carbon emissions. The electricity outlook for 2024 expects an elevated production rate, citing the increased usage of electric vehicles and heaters to induce the decarbonization phenomenon in the environment. However, the increased need for electricity usage will keep fossil fuel requirements alive.

According…

China To Achieve Its Target In The Wind And Solar Energy By 2025

China is enhancing its position in renewable power by making the country's place in the top globally in 2023. The country hopes to improve its position in its own energy targets.

According to the…

Read more ⟶

Japan Proposes To Set Up Global Emergency Reserve For Natural Gas

Japan is one of the biggest importers of energy commodities, and the country suggests setting up a global emergency reserve for natural gas like the emergency reserve for oil requirements by the…

Read more ⟶

Dilemma Between Environment Protection and Economy for the United States Creates Confusion

The United States has devised six proposals explicitly designed to limit greenhouse gas emissions in 2023 that are responsible for climate change. The US people have been battling whether to…

Read more ⟶

Clean Energy Target Can Transform the World Into a Better Place

Read more ⟶

Hydropower Generation in the U.S. Reduced by 6 Percent in 2023 as Reported by EIA

The United States faced a shortage in water supply in the summer of 2023 due to specific weather events. The Energy Information Administration (EIA) declared to reduce the United States hydropower…

Read more ⟶

New Google Search Features to Aid IEA Data on Heating Systems and Electric Vehicles

The clean energy transition worldwide is shifting the focus from conventional vehicles to electric vehicles and heat pumps in 2023. Global energy transition highlights the advantage of electric…

Read more ⟶

Europe Plans to Be Self-Sufficient with Renewable Energies by USD 2.1 Trillion in 2023

Europe is expected to become self-sufficient in wind and solar energy by USD 2.1 trillion in 2023. The International Monetary Fund (IMF) released data on USD 7 trillion in fossil fuel subsidies…

Read more ⟶

Africa To Overtake Europe in the Geothermal Power Sector by 2050

Read more ⟶

Study Says Plastic Recycling Can Be More Environment Friendly With New Method

Read more ⟶

United States May Face Shortage in Supply of Natural Gas in Winter 2023

Read more ⟶

United Kingdom Expects to Boost Electricity Produced from Wind Energy in 2023

The United Kingdom government to provide more electricity from wind energy production in 2023. The government of the UK expects to implement this in the following renewable energy auction in 2023.

…

Read more ⟶

Canada Takes Initiatives to Finance Green Technologies in 2023

Read more ⟶

U.S. Carbon Dioxide Emissions in Food Sector is Higher in 2023

Read more ⟶

Gasoline Prices in 2023 See a Decline in Prices Since December 2022

Read more ⟶

Electric Vehicle Sales Soar in November 2023

Earlier in the beginning of 2023, the surveys claimed that electric vehicle sales would increase in numbers by the end of 2023. The electric vehicles market is expanding with growing concerns over…

Read more ⟶

Electricity Plays Pivotal Role In Climate Change Of 2024

Read more ⟶

Energy Markets To See New Changes In 2024

Read more ⟶

Hydrogen Plays Pivotal Role In Clean Energy Transition

Read more ⟶

Europe Transforms Into Clean Energy in 2024 with Renewable Sources

With the beginning of 2024, the clean energy transition will take up more energy and speed to transform the energy sector into greener ways throughout the year. European countries are contributing…

Read more ⟶

Demand in Electricity Production Requires Fossil Fuel in 2024

Global electricity demand is expected to boom faster due to clean energy transitions in the track. Experts believe that low-emissions electricity is expected to catch up with good speed in the…

Read more ⟶

Energy News

China To Achieve Its Target In The Wind And Solar Energy By 2025

Japan Proposes To Set Up Global Emergency Reserve For Natural Gas

Dilemma Between Environment Protection and Economy for the United States Creates Confusion

Clean Energy Target Can Transform the World Into a Better Place

Hydropower Generation in the U.S. Reduced by 6 Percent in 2023 as Reported by EIA

New Google Search Features to Aid IEA Data on Heating Systems and Electric Vehicles

Europe Plans to Be Self-Sufficient with Renewable Energies by USD 2.1 Trillion in 2023

Africa To Overtake Europe in the Geothermal Power Sector by 2050

Study Says Plastic Recycling Can Be More Environment Friendly With New Method

United States May Face Shortage in Supply of Natural Gas in Winter 2023

United Kingdom Expects to Boost Electricity Produced from Wind Energy in 2023

Canada Takes Initiatives to Finance Green Technologies in 2023

U.S. Carbon Dioxide Emissions in Food Sector is Higher in 2023

Gasoline Prices in 2023 See a Decline in Prices Since December 2022

Electric Vehicle Sales Soar in November 2023

Electricity Plays Pivotal Role In Climate Change Of 2024

Energy Markets To See New Changes In 2024

Hydrogen Plays Pivotal Role In Clean Energy Transition

Europe Transforms Into Clean Energy in 2024 with Renewable Sources

Demand in Electricity Production Requires Fossil Fuel in 2024

China To Achieve Its Target In The Wind And Solar Energy By 2025

Japan Proposes To Set Up Global Emergency Reserve For Natural Gas

Dilemma Between Environment Protection and Economy for the United States Creates Confusion

Clean Energy Target Can Transform the World Into a Better Place

Hydropower Generation in the U.S. Reduced by 6 Percent in 2023 as Reported by EIA

New Google Search Features to Aid IEA Data on Heating Systems and Electric Vehicles

Europe Plans to Be Self-Sufficient with Renewable Energies by USD 2.1 Trillion in 2023

Africa To Overtake Europe in the Geothermal Power Sector by 2050

Study Says Plastic Recycling Can Be More Environment Friendly With New Method

United States May Face Shortage in Supply of Natural Gas in Winter 2023

United Kingdom Expects to Boost Electricity Produced from Wind Energy in 2023

Canada Takes Initiatives to Finance Green Technologies in 2023

U.S. Carbon Dioxide Emissions in Food Sector is Higher in 2023

Gasoline Prices in 2023 See a Decline in Prices Since December 2022

Electric Vehicle Sales Soar in November 2023

Electricity Plays Pivotal Role In Climate Change Of 2024

Energy Markets To See New Changes In 2024

Hydrogen Plays Pivotal Role In Clean Energy Transition

Europe Transforms Into Clean Energy in 2024 with Renewable Sources

Demand in Electricity Production Requires Fossil Fuel in 2024