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UK Aims for 95 Percent Low Carbon Electricity by 2030

OilPrice

Ofgem has announced plans to fast-track around 4bn of investment into expanding the UKs electricity transmission network as it looks to decarbonise the grid by 2030. It is the latest move by officials to free up the UKs planning system.

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Red Tape Hinders Global Clean Energy Goals

OilPrice

In order to support meaningful progress toward decarbonization in our energy industry, policy mechanisms must become clearer, less redundant, and more efficient. On a global scale, more efficient and effective energy policy will be critical to meet COP 28s Consensus goal of tripling renewable energy capacity by 2030.

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Petronas, F1 Team Join Hands to Support Research on Mangrove CCS

Rigzone

By 2030 Petronas aims to have “Biodiversity Action Plans” for all “very high” and “high” risk areas that host sites under Petronas’ operational control. “Where not feasible, PETRONAS establishes comparable areas to substitute the loss.

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Egypt Revamps Mining Law for Economic Growth, Investment

Egypt Oil & Gas

Furthermore, they aim to create a stimulating investment environment through advanced regulatory and financial mechanisms that enable the Authority to achieve financial sustainability. This law acts as a qualitative leap in the development of the Egyptian mining sector, following integrated efforts.

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Understanding the price of decarbonization

McKinsey

In the initial global MACC, the abatement potential for passenger EVs by 2030 was estimated at 0.05 The initial MACC reported more than three gigatons of potential abatement from CCUS, but the technology has not scaled as expected; only about one-thirtieth of those three gigatons will be captured by 2030. gigatons as of 2024.

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Nation-Scale Decarbonisation: Why the UK’s Energy Future Hinges on Storage, Grid Reform, and Community Buy-In

Energy Central

There’s ambition, and then there’s trying to decarbonise an entire national grid by 2030. The UK has opted for the latter.

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Checking out Vaeridion's electric 'microliner' concept

Oilholics Synonymous Report

The plane itself will run on a single propeller, but with multi-engine support of two mechanically and electrically segregated motors. The electric power train would be supported by rechargeable high voltage batteries integrated in the plane's wing. The microliner will have a dual flight deck and can be operated by a single pilot.

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