nCa Report When energy infrastructure planners talk about renewable transition, the focus almost always defaults to mega-projects: vast solar arrays stretching across deserts or massive utility-scale wind farms anchored by 100-meter-tall towers. Yet for millions of people—shepherds moving across seasonal pastures, field researchers in mountain passes, remote border … [Read more...]
World will continue to depend on oil and gas for the foreseeable future – Saudi Aramco CEO
Alternative energy sources will not be able to replace oil and gas overnight as part of the world's energy transition efforts, with additional hydrocarbon investment required to meet growing demand, Saudi Aramco's chief executive has said. Investment in oil and gas has fallen sharply, with upstream investment at about $400 billion in 2022, less than half of the peak in 2014, … [Read more...]
Outcomes of SPIEF 2021 – Areas of direct relevance for Central Asia – Part Two
nCa Report In addition to the plenary session, there were several panel discussions at the St. Petersburg International Economic Forum (SPIEF). The theme of one of them was: Energy Sector Transformations Here is the summary of the session, prepared by the forum organizers: KEY CONCLUSIONS There is a demand among the global population for alternative energy … [Read more...]