IEA Lowers 2024 Oil Demand Forecast, OPEC Maintains Projection

The International Energy Agency (IEA), in its May 2024 Oil Market Report, reduced its forecast for…

Microsoft, Brookfield Invest $10 Billion in Renewable Energy

Microsoft and Brookfield Asset Management have unveiled an ambitious collaboration. They announced plans to invest over…

Egypt Boosts Wind Power: 8 GW Deployment Underway

Egypt progresses with 8 GW wind power deployment as Scatec and Engie secure land in Sohag.…

Fall in Storage Battery Costs to Boost Shift to Renewables – IEA

The International Energy Agency (IEA) said on Thursday, April 25, 2024, that a sharp fall in…

Carbon Price Fall May Deprive Europe’s Green Funds of Billions

After soaring above 100 euros per ton of CO2 last year, the cost of EU carbon…

African Union Seek 1.3tn to End Energy Crisis

African countries, through the African Union (AU), are on the lookout for a $1.3 trillion financing…

Impact of Battery as a Service on Power Industry Dynamics in Nigeria

Nigeria’s power sector faces numerous challenges, from inadequate generation capacity and unreliable distribution infrastructure. Despite being rich in natural…

92nd Power Dialogue: How to Maximize Nigeria’s Carbon Market

Nigeria’s carbon market, an emerging sector in its decarbonisation process, has yet to actualise its full…

The Band-A Electricity Tariff Hike Affects All Nigerians. Here’s How

On April 3, 2024, the Federal Government, acting through the Nigerian Electricity Regulatory Commission (NERC), implemented…

Powering Tomorrow: Bioenergy’s Vital Role in the Renewable Revolution

The ongoing energy transition represents a significant shift in energy production and systems, aiming to embrace…