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Category: Energy Transition

Record-breaking growth in renewable power capacity

Renewable capacity statistics 2025 released by the International Renewable Energy Agency (IRENA) shows a massive increase in renewable power capacity during 2024, reaching 4,448 gigawatts (GW). The 585 GW addition last year indicates that renewables claimed a 92.5% share of the total capacity expansion in power generation, and a record rate of annual growth (15.1%). Even so, progress still falls just short of the 16.6% growth needed to be producing 11.2 terawatts of energy by 2030. Progress also reflects significant geographic disparities. As in previous years, most of the increase occurred in Asia, with the greatest share being contributed by China- almost 64% of the global added capacity. G7 and G20 countries respectively accounted for 14.3% and 90.3% of new capacity in 2024.

Cracking confidence: Perceived risks for industrial investors

Common risks of ammonia cracking as a new technology and how these risks can be recognised and mitigated by applying an innovative approach of the technology maturation process is described as seen through the eyes of an end user/investor. Addressing those risks is pivotal to enable end users to choose the best technology for their needs. Albert Lanser of Duiker Clean Technologies discusses some of these risks and how they have been addressed in its novel technology for producing the lowest levelised cost of hydrogen via its unique ammonia cracking process.

Gasgrid awards Worley contract for hydrogen pipeline system

Gasgrid Finland Oy has awarded Worley a four-year framework agreement with an option for extension until 2032, to provide owners engineering services for Gasgrid’s hydrogen pipeline system development in Finland. This 1,100 km long hydrogen pipeline system is expected to link major hydrogen production and offtake centres across Finland and enable the development of hydrogen export routes to neighbouring markets. Gasgrid says that the planned hydrogen pipeline system will support cost-efficient, reliable and secure renewable energy market development for the Nordic countries and elsewhere in Europe. Worley will provide the OE services primarily through Worley’s offices in the Netherlands and Finland with support from the Global Integrated Delivery (GID) team in India.