Energy Monitor

Energy Monitor is a division of the New Statesman Media Group. Our goal is to provide insights into global changes for decision-makers seeking data-backed information. We empower our readers to make informed leadership choices and shape policies, maintaining the high standard of quality journalism that the New Statesman is known for.

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Delaying coal power exits in Australia risks power supply shortfall: IEEFA report

1 week ago | energymonitor.ai | Tiash Saha

Extending the life of ageing coal power plants in Australia could lead to increased risks of power supply shortfalls, according to a report from the Institute for Energy Economics and Financial Analysis (IEEFA). The report, titled ‘Delaying coal power exits: A risk we can’t afford’, examines the implications of relying on deteriorating coal-fired power stations for the country’s energy needs.
European wind industry proposes new offshore wind agreement

1 week ago | energymonitor.ai | Umesh Ellichipuram

The European wind sector has presented a proposal aimed at accelerating and securing the expansion of domestically produced offshore wind energy. The initiative calls on national governments across Europe to tender for a minimum of 100GW in new offshore capacity between 2031 and 2040. The industry recommends the use of two-sided contracts for difference (CfDs) in upcoming tenders to reduce risk and improve investment certainty.
US withdraws from global shipping emissions talks over trade concerns

1 week ago | energymonitor.ai | Umesh Ellichipuram

The US has withdrawn from international discussions in the UK that focus on reducing emissions in the maritime industry. A document shared with some participants indicated Washington may take “reciprocal action” if charges are imposed on US-flagged vessels, Reuters reported citing a diplomatic note. The negotiations are taking place at the UN’s shipping agency headquarters.
Trump issues executive order to block state-level climate regulations

2 weeks ago | energymonitor.ai | Umesh Ellichipuram

US President Donald Trump has signed an executive order that aims to prevent the enforcement of state laws that seek to reduce reliance on fossil fuels and address climate change. The directive targets policies designed to limit carbon emissions and enhance environmental protection, reported Reuters. This move is part of a wider initiative by the Trump administration to increase domestic energy production.
Renewable Energy hits 32% of global electricity in 2024 — Ember

2 weeks ago | energymonitor.ai | Umesh Ellichipuram

Renewable energy sources provided a record 32% of global electricity in 2024, according to a report from energy think tank Ember. This marks a significant increase over the 30% share achieved in 2023, driven by the growing contributions from wind, solar, and hydroelectric power. The report indicates that the global shift towards sustainable energy continues to gain momentum.
UK shortlists 27 hydrogen projects for clean energy growth

2 weeks ago | energymonitor.ai | Tiash Saha

The UK government has shortlisted 27 hydrogen-powered projects in its second Hydrogen Allocation Round (HAR2). The selected projects will boost low-carbon hydrogen production within the UK. The initiative is part of the government’s Plan for Change and aims to cut carbon emissions while creating thousands of jobs. The UK’s hydrogen sector has the potential to attract more than £1bn ($1.28bn) of private sector investment by 2029.
IEA recommends Germany optimise electricity system to cut costs

2 weeks ago | energymonitor.ai | Umesh Ellichipuram

A new Energy Policy Review from the International Energy Agency (IEA) suggests that enhancing the efficiency and resilience of Germany’s electricity network is pivotal to ensuring a secure and affordable energy transition. The IEA advocates for the country to refine its energy system to cut costs and hasten emissions reductions across different sectors. Germany’s Energiewende policy is driving its shift towards renewable energy.
UK invests £20m to kickstart fusion energy investment

2 weeks ago | energymonitor.ai | Umesh Ellichipuram

The UK Government has committed £20m ($26m) to establish ‘Starmaker One’, a private fusion investment fund aimed at supporting growth and commercialisation in the fusion energy sector. According to a government press release, the initiative is designed to help fusion businesses and startups scale their operations, driving the development of clean energy technologies. The funding comes from the government’s Research and Development budget for the 2024/2025 financial year.
Market uncertainty threatens progress of emerging energy technologies, warns IEA

3 weeks ago | energymonitor.ai | Umesh Ellichipuram

The International Energy Agency (IEA) has released a new report highlighting the growing uncertainty surrounding a broad range of emerging energy technologies currently under development. Titled ‘The State of Energy Innovation’, the report indicates that the progress of these technologies is slowing due to changes in financing and shifting priorities.
More plastic waste reduction laws coming in 2025

3 weeks ago | energymonitor.ai | Mohamed Dabo

Despite ongoing challenges in negotiating a global treaty on plastic waste, countries and regions are implementing their own regulations to reduce plastic pollution. As the international community continues to debate a comprehensive agreement, several nations have introduced new laws and initiatives aimed at limiting plastic waste and promoting more sustainable packaging. 2025 promises to bring a series of significant changes in the way plastic is handled across the globe.