Tag: renewables
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Diversification and Cooperation: The Imperative for Global Energy Security
Introduction: A World in Tension Over Energy As the global appetite for energy grows and geopolitical fault lines widen, diversification and cooperation have become the dual pillars of resilient energy security. Countries face an accelerating mix of fuels and technologies—from hydrocarbons to renewables, hydrogen, and advanced storage—creating a complex landscape where risks and opportunities intertwine.…
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EMDE Climate Finance Surges in 2025: Domestic Investment Drives Growth
Global climate finance tops $1 trillion in EMDEs, with domestic funds leading Emerging markets and developing economies (EMDEs) are increasingly central to the world’s climate finance landscape. The latest Global Landscape of Climate Finance 2025: EMDE Spotlight from Climate Policy Initiative (CPI) shows that in 2023, climate finance across EMDEs exceeded USD 1 trillion. Domestic…
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EMDE Climate Investment Surges to Record Levels as Domestic Sources Propel Growth
Overview: EMDEs as a Global Engine for Climate Finance Emerging markets and developing economies (EMDEs) have become a dominant force in global climate investment, reaching a record level of over USD 1 trillion in 2023. The latest Global Landscape of Climate Finance 2025: EMDE Spotlight from the Climate Policy Initiative (CPI) shows that domestic sources…
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EMDEs Drive Record Climate Investment as Domestic Finance Surges in 2023
Overview: EMDEs Commit to Climate Finance at Record Levels Emerging markets and developing economies (EMDEs) are reshaping the global climate finance map. A new report from the Climate Policy Initiative (CPI) — the Global Landscape of Climate Finance 2025: EMDE Spotlight — finds that in 2023 EMDEs surpassed USD 1 trillion in climate investment. Domestic…
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Australia’s Tomago Smelter Could Close as Rio Tinto Notes Not Commercially Viable
Overview: Tomago Smelter at a Crossroads Australia’s largest aluminium producer, the Tomago smelter in New South Wales, is facing a pivotal decision as Rio Tinto contemplates ceasing operations when the current electricity supply contract ends. The company has begun a formal consultation process with employees on the potential future of the site, but a final…
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Fusion Energy Takes Centre Stage as Australia Grapples with AI-Powered Power Demand
Fusion Energy Emerges as a Practical Answer to AI-Driven Power Demand Australia sits at a crossroads of two transformative currents: artificial intelligence and renewable energy. As the nation witnesses solar and wind generating more electricity than coal for the first time in September, the pressure on the grid from data centres and electrification grows louder.…
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Australia’s Fusion Push: When AI Demand and Clean Power Converge
The Collision of AI and Clean Energy Two of the era’s defining revolutions—artificial intelligence and renewable energy—are colliding in Australia, reshaping ambitions for a resilient, low-carbon grid. Recent shifts show solar and wind surpassing coal in September, a milestone echoed globally. Yet the same forces propelling AI forward—enormous energy needs from data centres and electrified…
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Fusion Energy Emerges as the Next Big Frontier for Australia’s Power Transition Amid AI Strain
Australia’s Energy Dilemma: AI Demand Meets a Renewables Push Australia’s electricity story has entered a new phase. After a record shift toward solar and wind, which outperformed coal on a national scale for the first time in September, the spotlight now shines on how to sustain this momentum. The Australian Energy Market Operator’s (AEMO) 2025…
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Alcoa confirms permanent shutdown of Kwinana refinery south of Perth
Alcoa confirms permanent shutdown of Kwinana refinery Alcoa, the US-backed aluminium giant operating in Western Australia, has confirmed that there is no sustainable path to restarting its Kwinana alumina refinery south of Perth. After winding down production in early 2024, the company said the facility would close permanently. The decision marks a major shift for…
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Could Vehicle-to-Grid Make Driving Almost Free in Europe by 2026?
What is Vehicle-to-Grid (V2G) and why it matters Vehicle-to-Grid, or V2G, is a bidirectional charging technology that lets electric vehicles not only draw power from the grid but also return stored energy back to it. When a car’s battery can act like a small energy reservoir, it helps balance supply and demand on the electricity…