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Despite global uncertainty, 2023 was a record year for wind power in Europe

Despite global uncertainty, 2023 was a record year for wind power in Europe

Photo credit: WindEurope. By Anders Lorenzen Analysis by WindEurope, Europe’s wind power industry group, reveals a record-breaking year for European wind power when it comes to investments in the industry as well as installing new capacity. The report revealed a significant comeback. The wind sector having struggled in 2022 with soaring inflation, interest rates and the volatile energy markets as […]

Ukraine starts 2024 with record-warm temperatures

Ukraine starts 2024 with record-warm temperatures

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Ukraine will strengthen its energy grid with renewables

Ukraine will strengthen its energy grid with renewables

DTEK workers on the construction of the Tyligul wind farm. Photo credit: DTEK. By Anders Lorenzen In war-torn Ukraine, much has been made of the huge effort to rebuild following the devastation, that war has brought to the country where millions of people have been displaced.  Even though there is no immediate prospect of an end to the war, one […]

Shell reports monster profit

Shell reports monster profit

Prelude FLNG, Shell’s floating LNG facility.Photo credit: Shell. By Anders Lorenzen The green credentials of the oil and gas giant Shell are again under scrutiny as its fossil fuel arm has declared a huge 2022 profit.  The surge in energy prices, much of it a result of Russia’s invasion of Ukraine, has seen the Anglo-Dutch company take its annual profits […]

BP: The war in Ukraine will speed up the transition to renewables

BP: The war in Ukraine will speed up the transition to renewables

A wind farm in France, Photo credit: Reuters / Stephane Mahe. By Anders Lorenzen The oil and gas major, BP (British Petroleum) is one of the world’s oil and gas giants. BP has in the past downplayed the role of renewables, but the company has recently been more ambitious in efforts to accelerate the shift away from hydrocarbons and that […]