Energy transition

New 1.0 Bcf/D facility in Baytown, Texas, is expected online no later than 2028.
An EU project is bringing together 15 partners from seven countries to work on designing and manufacturing superconducting cables to enable more efficient and less costly power transmission from renewable electricity generation sites.
Spending on low-carbon projects will increase by $60 billion this year, 10% higher than 2022, led by wind developments but helped by a significant rise in funding for hydrogen and carbon capture, utilization and storage infrastructure, Rystad Energy research shows.

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