Quadrupling Energy Transition Financing and the Quest for Net Zero

McKinsey Partner Kassia Yanosek details private equity’s unique role in the climate transition, despite corporate uneasiness at partnering with firms, and the need to quadruple funding while government ramps up support.

Energy Transition in Motion (Week of Dec. 22, 2023)

Here is a look at some of this week’s renewable energy news, including RWE’s move to acquire three offshore wind projects for about $1.2 billion.

US Releases Proposed Route to Hydrogen Production Tax Credit

The U.S. Treasury Department's proposed rules aim to help jumpstart the hydrogen market in the U.S., but some say the proposal lacks flexibility.

ACWA, Egypt Ink $4B Hydrogen Deal

ACWA Power and Egypt’s framework agreement lays out plans to develop a green ammonia project and a larger green hydrogen project.

CNX Resources Shifts Gears on Hydrogen Amid Uncertainty

CNX says it ended coordination with the Adams Fork project, an anchor project for the Appalachian Regional Clean Hydrogen hub.

Cadiz Earns Federal Approval for Northern Pipeline

Cadiz will use infrastructure built to transport natural gas to move water instead for the Northern Pipeline.

Energy Transition in Motion (Week of Dec. 15, 2023)

Here is a look at some of this week’s renewable energy news, including approval of wind farms in Louisiana state waters in the Gulf of Mexico.

Masdar, Verbund to Explore Large-scale Green Hydrogen Production

The joint venture between Masdar and Verbund will study the potential for green hydrogen to decarbonize hard-to-abate industries in Spain and central Europe to meet net-zero goals.

Flying the Decarbonized Skies: United Airlines Exec Talks SAF

United Airlines is among aviation companies pushing for more production of sustainable aviation fuel as well as diverse feedstocks such as CO2 and hydrogen.

Energy Transition in Motion (Week of Dec. 8, 2023)

Here is a look at some of this week’s renewable energy news, including a continued growth streak for U.S. solar.