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Africa is resolutely moving towards a renewable energy transition, combining economic growth with addressing the energy needs of 1.5 billion inhabitants. This evolution presents both strategic opportunities and complex challenges.
Africa is resolutely moving towards a renewable energy transition, combining economic growth with addressing the energy needs of 1.5 billion inhabitants. This evolution presents both strategic opportunities and complex challenges.
Discussions at COP29 in Baku are advancing on the climate finance goal, with three options on the table to determine contributions from wealthy countries to developing nations.
Discussions at COP29 in Baku are advancing on the climate finance goal, with three options on the table to determine contributions from wealthy countries to developing nations.
Panamanian authorities have launched an energy auction open to new and existing power plants. Wind, solar, hydropower, and biomass projects can participate in this procurement exercise aimed at supplying energy between 2025 and 2030.
Panamanian authorities have launched an energy auction open to new and existing power plants. Wind, solar, hydropower, and biomass projects can participate in this procurement exercise aimed at supplying energy between 2025 and 2030.
Canada Announces $500 Million for Clean Energy Projects
Canada Announces $500 Million for Clean Energy Projects
The French government assures that no increase in gas taxes will be implemented, thereby contradicting previous statements by the Minister of Ecological Transition.
The French government assures that no increase in gas taxes will be implemented, thereby contradicting previous statements by the Minister of Ecological Transition.
Enedis replaces the old "paper-insulated" electrical cables in the capital with more robust synthetic models. This project aims to strengthen the resilience of Paris's network against increasingly frequent heatwaves.
Enedis replaces the old "paper-insulated" electrical cables in the capital with more robust synthetic models. This project aims to strengthen the resilience of Paris's network against increasingly frequent heatwaves.
In the face of a historic drought, Ecuador has reintroduced electricity cuts lasting up to 10 hours per day. The decision aims to prevent a collapse of the national electricity system, primarily powered by hydroelectricity.
In the face of a historic drought, Ecuador has reintroduced electricity cuts lasting up to 10 hours per day. The decision aims to prevent a collapse of the national electricity system, primarily powered by hydroelectricity.
India aims to become a global clean technology manufacturing center by 2030 through incentive policies. However, challenges related to technological innovation, infrastructure gaps, and political risks could hinder its progress.
India aims to become a global clean technology manufacturing center by 2030 through incentive policies. However, challenges related to technological innovation, infrastructure gaps, and political risks could hinder its progress.
The Pakistani government is terminating power purchase agreements with five independent power producers, including Hub Power Company Ltd, as part of reforms to reduce energy costs and meet the IMF’s requirements. Savings of 411 billion Pakistani rupees are expected.
The Pakistani government is terminating power purchase agreements with five independent power producers, including Hub Power Company Ltd, as part of reforms to reduce energy costs and meet the IMF’s requirements. Savings of 411 billion Pakistani rupees are expected.
The Energy Regulatory Commission (CRE) publicly exposes eight gas and electricity suppliers who have rejected the transparency guidelines, potentially jeopardizing consumer protection in an already unstable market.
The Energy Regulatory Commission (CRE) publicly exposes eight gas and electricity suppliers who have rejected the transparency guidelines, potentially jeopardizing consumer protection in an already unstable market.
Emmanuelle Wargon, president of the Commission de régulation de l'Energie (CRE), warns against an excessive increase in the Taxe intérieure de consommation finale sur l'électricité (TICFE). She highlights the risks to household bills and climate objectives, as the government plans to raise the tax beyond initial forecasts.
Emmanuelle Wargon, president of the Commission de régulation de l'Energie (CRE), warns against an excessive increase in the Taxe intérieure de consommation finale sur l'électricité (TICFE). She highlights the risks to household bills and climate objectives, as the government plans to raise the tax beyond initial forecasts.
Nigeria seeks to attract between 5 and 10 billion USD in investments to develop its deepwater gas sector, supported by regulatory reform aimed at making the sector more attractive to foreign investors.
Nigeria seeks to attract between 5 and 10 billion USD in investments to develop its deepwater gas sector, supported by regulatory reform aimed at making the sector more attractive to foreign investors.
REC prices are expected to drop by 76% by 2050 in the Asia-Pacific region, falling from 46 to 11 USD/MWh, due to the massive increase in renewable energy generation in the region, according to a report by Wood Mackenzie.
REC prices are expected to drop by 76% by 2050 in the Asia-Pacific region, falling from 46 to 11 USD/MWh, due to the massive increase in renewable energy generation in the region, according to a report by Wood Mackenzie.
The future of North Sea oil and gas will depend on a more stable and predictable fiscal reform, according to an analysis by Wood Mackenzie. The UK government must quickly clarify its position to avoid deterring investments in this mature sector.
The future of North Sea oil and gas will depend on a more stable and predictable fiscal reform, according to an analysis by Wood Mackenzie. The UK government must quickly clarify its position to avoid deterring investments in this mature sector.
Russia has filed a lawsuit against several Shell entities for energy projects on Sakhalin Island. This initiative could reflect an attempt to consolidate national resources after the company’s withdrawal in 2022.
Russia has filed a lawsuit against several Shell entities for energy projects on Sakhalin Island. This initiative could reflect an attempt to consolidate national resources after the company’s withdrawal in 2022.
France: Agnès Pannier-Runacher warns of the risks of excessive increases in electricity taxes
France: Agnès Pannier-Runacher warns of the risks of excessive increases in electricity taxes
Energy unions are concerned about the upcoming revision of the Public Electricity Grid Use Tariff (TURPE), fearing a reduction in human resources as massive investments are needed to modernize the network.
Energy unions are concerned about the upcoming revision of the Public Electricity Grid Use Tariff (TURPE), fearing a reduction in human resources as massive investments are needed to modernize the network.
The United States and G7 leaders discuss new sanctions in response to Iran's attack on Israel. New measures targeting the Houthis in Yemen have also been announced.
The United States and G7 leaders discuss new sanctions in response to Iran's attack on Israel. New measures targeting the Houthis in Yemen have also been announced.
Colombia presents an ambitious financing program aimed at reducing its dependence on oil and coal by mobilizing international investments for a low-carbon economy.
Colombia presents an ambitious financing program aimed at reducing its dependence on oil and coal by mobilizing international investments for a low-carbon economy.
The French government is exploring a new tax on power plants to balance the 2025 budget without increasing electricity costs for consumers, a move that faces strong opposition from industry stakeholders.
The French government is exploring a new tax on power plants to balance the 2025 budget without increasing electricity costs for consumers, a move that faces strong opposition from industry stakeholders.
A report from the Centre de recherche sur l'énergie et l'air pur (CREA) demands that China decrease its emissions by at least 30% by 2035 to comply with the commitments of the Paris Agreement on climate.
A report from the Centre de recherche sur l'énergie et l'air pur (CREA) demands that China decrease its emissions by at least 30% by 2035 to comply with the commitments of the Paris Agreement on climate.
Taxes on the superprofits of oil and gas majors are multiplying across Europe and the United States. While governments aim to redistribute these record profits, companies are threatening to cut back on investments.
Taxes on the superprofits of oil and gas majors are multiplying across Europe and the United States. While governments aim to redistribute these record profits, companies are threatening to cut back on investments.
The Minister of Ecological Transition warns against a proposed tax on power plants, highlighting the risk of passing the costs onto French consumers.
The Minister of Ecological Transition warns against a proposed tax on power plants, highlighting the risk of passing the costs onto French consumers.
The United Arab Emirates Energy Minister, Suhail al-Mazrouei, reaffirms OPEC+ unity in its commitment to stabilize the global oil market at the Gulf Intelligence Energy Markets Forum.
The United Arab Emirates Energy Minister, Suhail al-Mazrouei, reaffirms OPEC+ unity in its commitment to stabilize the global oil market at the Gulf Intelligence Energy Markets Forum.
Malaysia updates its climate policy, aiming for a 45% reduction in carbon intensity by 2030. This initiative is accompanied by the preparation of a Climate Change Act, expected to be launched in the first quarter of 2025.
Malaysia updates its climate policy, aiming for a 45% reduction in carbon intensity by 2030. This initiative is accompanied by the preparation of a Climate Change Act, expected to be launched in the first quarter of 2025.
Saudi Arabia is projecting a budget deficit of 2.3% of GDP in 2025, with a further increase expected to 2.9% in 2026 and 3% in 2027. This trend is driven by declining oil revenues due to reduced production levels, alongside rising public expenditures aimed at financing its economic diversification projects.
Saudi Arabia is projecting a budget deficit of 2.3% of GDP in 2025, with a further increase expected to 2.9% in 2026 and 3% in 2027. This trend is driven by declining oil revenues due to reduced production levels, alongside rising public expenditures aimed at financing its economic diversification projects.

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