Christoph S. Sprung and Mujtaba Khan
November 25, 2024
Poland is launching its first hydrogen-powered train, bringing green rail freight one step closer. The zero-emission trains can reach 90km per hour, and the hydrogen tanks hold enough for 24 hours of shunting operations.
Global oil demand will rise 6% between 2022 and 2028, says the IEA, reaching 106 billion barrels a day. After that, it should start to tail off as electric vehicles, and biofuels cut fossil fuel demand.
Both sectors are still heavily dependent on fossil fuels, says the thinktank REN21. Renewables in heat generation have risen by just 2.6 percentage points in a decade. Only 46 countries have renewable targets for heat and 49 for fuel.
Three-quarters of the growth in oil demand from 2022-2028 will come from Asia. But India will overtake China by 2027, largely thanks to China's embrace of electric transport.
15 months into the full-scale invasion, Russia has launched hundreds of attacks against power plants and hydroelectric dams, trying to switch off power in large parts of Ukraine. However, Ukraine is finding energy security in its wind farms. It would take dozens of missiles to disable a wind farm because turbines are spaced far apart. And an attack on a transformer substation can be repaired relatively easily.
Christoph S. Sprung and Mujtaba Khan
November 25, 2024