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BP’s decision to write down up to $5 billion from its gas and low carbon energy division places a hard number on what has been an increasingly visible problem for the company: its early and aggressive push into renewables has failed to deliver competitive returns relative to its peers.

If the global energy transition were as settled as policymakers claim, oil prices would not still be acting as a…

Global renewable energy capacity continued to expand at record pace in 2024, yet employment growth lagged far behind, rising just 2.3 percent year on year to 16.6 million jobs, according to the Renewable Energy and Jobs Annual Review 2025 published by the International Renewable Energy Agency and the International Labour Organization.

Fortum’s framework agreement with Helsinki-based Steady Energy highlights how established nuclear operators are positioning themselves to support heat-focused small modular reactors, with operational credibility and regulatory confidence becoming as critical as reactor design.

China’s power grid operators have reduced fault response times to roughly 0.1 seconds, a performance threshold that highlights how system stability, rather than generation capacity alone, is becoming the limiting factor in highly electrified economies.

PuriFire Energy has obtained funding from the Circular Bio-based Europe Joint Undertaking (CBE JU) for its WoodVALOR project, aiming to transform contaminated waste wood into higher-value products using advanced bio-processing technologies.

China’s first commercial land based small modular reactor moved closer to grid operation in December after the ACP100 demonstration project at Changjiang in Hainan completed its non nuclear turbine steam run on the first attempt, according to China National Nuclear Corporation.

India has taken a major step toward becoming a global exporter of renewable hydrogen and ammonia through a long-term offtake agreement signed between AM Green Ammonia India and Uniper Global Commodities.

Global hydrogen output is dominated by fossil-based supply, while low-emissions hydrogen remains a small fraction of total production. That imbalance…

U.S. residential electricity bills have been on an upward trajectory for years. According to federal energy statistics, the average retail price of electricity for residential customers in 2024 hovered around 15 cents per kilowatt-hour, up materially from a decade earlier.