https://lnkd.in/gYgqV3zR The report below gives a good overview of the Fall 2024 M&A activity in the Energy Industry Sector. The global energy sector is on a transformative trajectory, with demand projected to surge by 24% by 2050, reaching 120.1 million barrels per day for oil alone, according to OPEC. Despite an increasing focus on renewables, fossil fuels are expected to remain significant, supplying 40% to 60% of global energy needs by mid-century, down from 78% the previous year. #energy
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https://lnkd.in/gYgqV3zR The report below gives a good overview of the Fall 2024 M&A activity in the Energy Industry Sector. The global energy sector is on a transformative trajectory, with demand projected to surge by 24% by 2050, reaching 120.1 million barrels per day for oil alone, according to OPEC. Despite an increasing focus on renewables, fossil fuels are expected to remain significant, supplying 40% to 60% of global energy needs by mid-century, down from 78% the previous year. #energy
Fall 2024 | M&A Report In The Energy Industry Sector
cfaw.com
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WEF Energy Transition Milestone for global renewables generation, and other top energy stories Sep 9, 2024 This round-up brings you the key stories from the energy sector over recent weeks. Top energy news: Global renewables generation hits 40%; Britain’s last coal-fired power plant to close; AI “could hurt oil prices in next decade”. For more on the World Economic Forum’s work in the energy space, visit the Centre for Energy and Materials.
Milestone for global renewables generation, and other top energy stories
weforum.org
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Solar and wind projects dominate renewables. But did you know geothermal and renewable natural gas are poised to enhance investment portfolios in 2024? This shift creates incentives for investors seeking to diversify their portfolios and minimize risks. Our expert Ritu Suri delves into renewable trading trends so you can reap the benefits. Read the article: https://lnkd.in/d2R3_9qx #CapitalMarkets #RenewableEnergy #Trading
Renewable energy trading 101 | Luxoft
luxoft.com
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Credit article to reNEWS - Renewable Energy News Statistics published by the Government show that wind generated over 28% of the UK’s electricity needs in 2023, up 4% on 2022, hitting a new record. Wind remains the UK’s biggest source of clean power, generating over 60% of its renewable electricity last year. The latest Energy Trends report by the Department for Energy Security and Net Zero also shows that offshore wind generated 17.3% of the UK’s electricity in 2023, compared to 13.8% in 2022, and onshore wind provided 11.4%, compared to 10.8% in 2022, setting new annual percentage records in both technologies. Overall, renewables outperformed fossil fuels for a third year by generating 47.3% of the UK’s electricity, another new annual record, up from 41.5% in 2022, compared to 36.3% from oil, gas and coal – a record annual low from fossil fuels (which produced 40.8% in 2022) - most of which came from gas (34.3% in 2023). #Europe #Desnz #OffshoreWind #OnshoreWind #RenewableUK #UK #QEDGroupe #QEDEnergy #PrimeDispute
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I recommend to review this information #renewableenergy
⌛While renewables are increasing in the overall energy mix and provided around 13% of the global total final energy we consumed in 2022, they are not replacing coal, oil and gas fast enough. The Global Overview module of Renewables 2024 Global Status Report #GSR2024 shows - around 87% of energy demand growth between 2021 and 2022 was covered by fossil fuels. Read here - https://lnkd.in/dpa4VVVu #RenewablesNow #REbootTheWorld
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Renewable energy accounted for more than 30% of the world’s electricity for the first time last year 📈 Broken down into: ☀ Wind and solar - 13.4% 🌊 Hydro - 14.3% ⚡ 'Other' - 2.7% 📉 The surge in clean electricity is expected to power a 2% decrease in global fossil fuel generation in the year ahead. A separate study by the Energy Institute found last year that fossil fuels including oil, gas and coal made up 82% of the world’s primary energy.
Renewable energy passes 30% of world’s electricity supply
theguardian.com
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What Is Ailing The Growth Of Renewables In #MiddleEast? A recent report from the International Energy Agency (IEA) claimed the #investments in #renewableenergy has increased in the Middle East. However it lamented that #oil and #gas continue to dominate its #energy mix.
What Is Ailing The Growth Of Renewables In Middle East?
https://www.saurenergy.me
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Is the fossil fuel era nearing its end? This winter, renewable energy sources outpaced gas in the UK, powering 21 million homes and accounting for 40% of total power generation. As North Sea gas production declines, embracing renewables could secure the UK's energy independence amid global price fluctuations. What does this mean for your business? Read the blog below to find out 👇 🔗 https://lnkd.in/etWraK6x #RenewableEnergy | #CleanEnergySector | #BusinessImpact | #UKBusiness | #EnergyIndustry | #GreenEconomy | #EnergyCrisis | #Renewables | #EnergyTransition | #RenewableEnergy | #EnergyEfficiency | #CleanEnergy
UK Betting on Renewables to Reduce Gas Dependency | NGP
https://ngpltd.co.uk
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Herewith below is the organic social media post copy for your review and approval. Grid balancing gas engines to integrate renewable energies By the end of this decade, the deployment of renewable energy sources globally is set to double, while inflexible generation will significantly decrease, with coal and oil generation alone expected to decline by 2,300TWh. Wärtsilä Energy explains how flexible dispatchable power generation from gas engines can stabilise energy markets, avoiding the growing prevalence of negative pricing events that have been observed across Europe and supporting the integration of these new renewables. Read the full article here : https://lnkd.in/dS-wNXGS #renewableenergy #gasengines #flexiblegeneration
Flexible and dispatchable: Grid balancing shaping renewable future
https://www.smart-energy.com
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Credit article to reNEWS - Renewable Energy News Statistics published by the Government show that wind generated over 28% of the UK’s electricity needs in 2023, up 4% on 2022, hitting a new record. Wind remains the UK’s biggest source of clean power, generating over 60% of its renewable electricity last year. The latest Energy Trends report by the Department for Energy Security and Net Zero also shows that offshore wind generated 17.3% of the UK’s electricity in 2023, compared to 13.8% in 2022, and onshore wind provided 11.4%, compared to 10.8% in 2022, setting new annual percentage records in both technologies. Overall, renewables outperformed fossil fuels for a third year by generating 47.3% of the UK’s electricity, another new annual record, up from 41.5% in 2022, compared to 36.3% from oil, gas and coal – a record annual low from fossil fuels (which produced 40.8% in 2022) - most of which came from gas (34.3% in 2023). #Europe #Desnz #OffshoreWind #OnshoreWind #RenewableUK #UK #QEDGroupe #QEDEnergy #PrimeDispute
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