Tag: renewables
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Fossil fuels regain ground: Peak demand pushed to 2030s as oil rebounds; India emerges as growth engine
Introduction: A new chapter for global oil demand For years, policymakers, investors, and energy researchers warned that global oil demand would soon peak as the world accelerated its shift to renewables. Yet the year 2025 marked a surprising pivot: fossil fuels, especially oil and gas, regained strength, and the projected peak moved further into the…
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ASEAN Power Grid: Lessons from the Region’s Worst-Case Scenarios to Shape Best Practices
Understanding the ASEAN Power Grid Initiative The ASEAN Power Grid (APG) aims to harmonize electricity networks across Southeast Asia, connecting fast-growing markets and improving energy security. With more than six major interconnection projects underway—spanning subsea cables and overland links—the APG faces a complex mix of technical, regulatory, and socio-political challenges. Analyzing worst-case scenarios in this…
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Coal Demand Plateau: What the 2030 Outlook Means for Global Power
Global coal demand nears a plateau Recent analyses from leading energy authorities point to a turning point for coal. The 2025 edition of the IEA’s annual market report suggests that global coal demand is expected to edge down through the rest of the decade. This shift reflects intensified competition from renewables, natural gas, and nuclear…
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Global Coal Demand: A Plateau by 2030, Driven by Competition from Cleaner Power Sources
Overview: A Turning Point for Global Coal Demand The 2025 edition of the IEA’s annual market report signals a notable shift for global coal demand. After years of steady growth in some regions and resilience in others, demand is now forecast to plateau and may even edge lower by the end of the decade. The…
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Coal Demand at a Glance: IEA Forecasts Plateau and Slight Decline by 2030
Overview: A Turning Point for Global Coal Demand Global coal demand appears to be reaching a plateau, with the IEA’s 2025 Coal Market Report signaling a subtle shift in the energy mix. After decades of robust growth, coal faces renewed competition from cleaner and often cheaper alternatives, including renewables, natural gas, and nuclear power. The…
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Aker ASA’s Mainstream Renewable Deal Backfires as €1.2bn Losses Hit Norwegian Giant
Overview: Aker ASA’s Ambitious Move into Mainstream Renewable Power Norway’s industrial heavyweight Aker ASA has long been known for turning engineering heritage into strategic industrial plays. The January 2021 acquisition of Eddie O’Connor’s Mainstream Renewable Power marked a bold foray into the global green power sector, aiming to accelerate Aker’s transformation into a major force…
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Aker ASA’s Mainstream Renewable Deal Ends in €1.2bn Loss
Introduction: A deal that promised growth but delivered losses The Norwegian industrial giant Aker ASA, a company with roots in shipbuilding and a portfolio spanning offshore technology, energy, and industrial services, faced a watershed moment when it agreed to acquire Eddie O’Connor’s Mainstream Renewable Power in January 2021. The deal, pitched as a springboard for…
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Universal Energy Access: Africa’s Top Climate Priority
Universal Energy Access: Africa’s Top Climate Priority As COP30 unfolds in Belém, Brazil, a clear message is emerging from Africa’s leaders, developers, and investors: universal energy access is not just a development goal—it is Africa’s most urgent climate priority. This pivot places reliable electricity at the center of resilience, economic growth, and just transition strategies…
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Australia’s Energy Benchmark Shifts: Renewables Outpace Coal for the First Time
Australia’s Energy Milestone: Renewables Surpass Coal for the First Time In a historic turn for Australia’s energy landscape, renewables generated more electricity than coal in September 2025. This marked the first time the country’s renewable electricity usage overtook the energy produced from coal, a moment that many analysts say signals a lasting shift in the…
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Australia’s Renewables Overtake Coal: What This Energy Shift Means
A watershed moment: renewables surpass coal in Australia In a landmark shift for the energy market, renewables have overtaken coal as Australia’s leading source of electricity. The Guardian’s report highlights that, for the first time, solar, wind, hydro, and bioenergy combined now power more of the grid than coal. This transition reflects a rapid expansion…