Author: Anela Dokso

Electricity is expected to become the dominant energy carrier in Europe’s decarbonization strategy, yet electrification across transport, buildings, and industry continues to lag behind the rapid expansion of renewable power generation. Seeking to close that gap, the European Commission has unveiled its Electrification Action Plan, proposing a legally binding target for electrification alongside fiscal reforms designed to make electricity more competitive than fossil fuels. At the center of the proposal is a legally binding target for electricity to account for 46 percent of the European Union’s final energy consumption by 2040. The objective will be incorporated into future Energy Union…

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Oman is advancing a new approach to infrastructure development by combining renewable power generation, desalination, energy storage, and hydrogen production into a single offshore platform. A newly signed joint venture between Shadid Capital, Shamel Petroleum Company, and strategic partners will develop the Oman Blue Infrastructure Platform (OBIP), reflecting a broader shift toward integrated energy systems designed to address multiple resource challenges simultaneously.

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