Shipping’s Role in the global Energy Transition

whitePaper | October 28, 2022

BY 2030 Nigeria reaches its 30-30-30 target, which means 30 GW of grid-connected capacity by 2030 of which 30% comes from renewables. The amount of unserved energy drops significantly in the later part of the decade, which means that a much larger portion of the population now has access to electricity. A lot of flexibility has been added to the power system thanks to ICE technology. The system is now ready to accommodate the massive renewable energy deployment planned in the 2031-2040 decade. Our model reveals that reaching the 30-30-30 target in the most cost-effective way will require $18.7 Billion of investment.

whitePaper | September 2, 2022

Cryptocurrency mining is an extremely energy-intensive process that threatens the ability of governments across the globe to reduce our dependence on climate-warming fossil fuels. If we do not take action to limit this growing industry now, we will not meet the goals set forth by the Paris Agreement and the Intergovernmental Panel on Climate Change to limit warning to 2 degrees Celsius. And cryptocurrency mining operations harm local communities now, including by increasing local pollution and impacting electricity rates and delivery. In our paper, we discuss several such examples where fossil-fueled cryptocurrency mining has increased local air, water, and noise pollution, increased costs on others, and increased climate pollution at a time when we should be doing everything in our power to move in the opposite direction to mitigate the worst impacts of the climate crisis.

whitePaper | January 27, 2020

Although the European Union (EU) seems to be on track to meet this year’s greenhouse gas (GHG) emission reduction target of 20% compared to 1990 levels, it is currently not projected to achieve the 2030 targets. In line with the Paris Climate Agreement of 2015, these targets relate to domestic GHG emissions, the share of renewable energy sources and energy efficiencyi . Hence, radical change is required and we all need to do our bit. With road transport accounting for approximately 20% of carbon dioxide (CO2 ) emissions in the EU alone, the mobility sector can play an important role in helping to accomplish the environmental targets.

whitePaper | May 10, 2023

There is no pathway to meeting the Paris Agreement climate goals without electrifying urban transport, growing shared transport use and designing more compact cities.

whitePaper | August 5, 2023

With the Australian energy transition, we have embarked on a once in a generation opportunity for transformation across a number of fronts. The pace and trajectory of investment is unprecedented: across the National Energy Market, which covers Australia’s eastern seaboard states

whitePaper | December 15, 2022

Hydrogen is the most abundant element on earth and is seen as the fuel of the future as it does not emit carbon dioxide. The hydrogen industry is experiencing tremendous growth with governments and private organizations investing their time and efforts in developing new technologies to produce and use hydrogen in power generation, transporation, and as feedstock in refineries and petrochemical plants.