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Energy

For the first time, a WEO scenario based on today’s prevailing policy settings has global demand for every fossil fuel exhibiting a peak or plateau. (Image source: Adobe Stock)

The global energy crisis triggered by Russia’s invasion of Ukraine is causing profound and long-lasting changes that have the potential to hasten the transition to a more sustainable and secure energy system, according to the latest edition of the IEA’s World Energy Outlook (WEO)

ABB to unveil economic research at ADIPEC showing how 300,000 tonnes in carbon emissions can be saved annually through autonomous oil and gas operations. (Image source: Adobe Stock)

ABB has published another of its ‘Energy Transition Equation’ reports that shows how industrial customers can reduce carbon emissions and manage the energy transition for a more sustainable future

Caterpillar is developing 48 volt, 300 volt, and 600 volt batteries that support industrial-power customers during the energy transition to a lower-carbon future. (Image source: Caterpillar)

As part of its enterprise strategy to support customers during the energy transition, Caterpillar has announced the development of 48 volt, 300 volt and 600 volt batteries for the off-highway industry

For the first time, DNV’s forecast sees non-fossil energy go above 50% of the global energy mix by 2050. (image source: adobe stock)

The heightened focus on energy security and the rising cost of energy is reinforcing the difference in decarbonisation speed between Europe and the rest of the world, according to DNV’s Energy Transition Outlook

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