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Can a New Power Link Boost the EU’s Energy Independence?

Cars That Think

Last November , w hen Azerbaijan hosted COP29 , the United Nations annual climate summit , i t was a sort of coming-out party for the country. This green energy corridor could help shore up energy security in the European Union, replacing the Russian natural gas that Europe used to import. GW , by 2030. It could help the E.U.

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Global geothermal industry passes 12,000 MW operational

Green Car Congress

The global geothermal industry surpassed 12,000 MW of geothermal power operational, with about 600 MW of new geothermal power coming online globally, according to a year-end update by the Geothermal Energy Association (GEA). Ormat Technologies, and AltaRock Energy. It was built by US Geothermal and TAS Energy.

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Azerbaijan Plans Caspian-Black Sea Energy Corridor

Cars That Think

Azerbaijan next week will garner much of the attention of the climate tech world, and not just because it will host COP29 , the United Nation’s giant annual climate change conference. Azerbaijan and Georgia Plan Green Energy Corridor Generating hydropower can also generate opposition, because of the way dams alter rivers and landscapes.

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BYD and UzAuto to form NEV production JV in Uzbekistan

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BYD and Uzavtosanoat JSC (UzAuto) signed an agreement to establish a joint venture company producing new energy vehicles (NEVs). As of November 2022, BYD has sold more than 3 million NEVs to global customers. The company cooperates with global OEMs such as General Motors, Sinotruck, MAN, and Isuzu.

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COP26 declaration on accelerating the transition to 100% zero emission cars and vans

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The declaration is not legally binding and is focused on a global level. Signatories by category: Governments: Austria; Azerbaijan; Cambodia; Canada; Cape Verde; Chile; Croatia; Cyprus; Denmark; El Salvador; Finland; Iceland; Ireland; Israel; Lithuania; Luxembourg; Netherlands; New Zealand; Norway; Poland; Slovenia; Sweden; United Kingdom.

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BP closes out 2013 with deepwater finds in Gulf of Mexico and offshore Angola; new activity offshore Brazil

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Earlier in December, Cobalt International Energy announced a significant discovery at its Lontra well in the pre-salt play offshore Angola, in which BP holds a 30% interest. While further appraisal drilling will be required to determine the ultimate size of the Lontra field, it is clear that Lontra is a discovery on a global scale.

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GECF: more than a quarter of 2050 natural gas supply untapped

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To this end, the GECF Secretary General reiterated the GECF’s readiness to support the Turkmen industry as it undergoes transformation on the back of the future energy trends, digitalization, and climate action.