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Argentina’s Vaca Muerta shale region has achieved record oil and near-record natural gas production, but economic gains remain largely localized to the western province, leaving the broader economy struggling with inflation and weak growth.
The Emerging Africa and Asia Infrastructure Fund provided up to 50 million dollars in debt financing to Ukko Renewable to develop renewable energy projects across Southeast Asia, targeting over two gigawatts initially.
China announced plans to increase solar and wind capacity by 53 percent by 2030, while simultaneously continuing to expand coal production despite ambitious carbon neutrality goals.
An Alaska-based company is testing a small modular tidal turbine off Massachusetts. An NREL study found US tidal energy could theoretically supply 57% of national electricity demand.
The Financial Conduct Authority closed an investigation into Drax’s wood pellet sourcing practices, finding no evidence to support further action after reviewing the company’s accounts from 2021-2023.
Great Britain’s electricity network upgrade costs could reach £90bn in the 2030s, 50% higher than earlier estimates, as the government accelerates its clean energy transition plans.
