Energy

Britain’s largest oil company accelerates renewable energy with solar acquisition

BP, Britain's largest oil company, is accelerating the transition to renewable energy by acquiring a solar energy company. Reuters reported on the twenty fourth (local time) that BP acquired the remaining 50.03% stake in solar...

A Game-Changer for AI: The Tsetlin Machine’s Role in Reducing Energy Consumption

The rapid rise of Artificial Intelligence (AI) has transformed quite a few sectors, from healthcare and finance to energy management and beyond. Nevertheless, this growth in AI adoption has resulted in a major issue...

Yongin chosen as ‘Best’ in latest and renewable energy convergence support

Yongin City (Mayor Lee Sang-il) announced on the fifteenth that it received the very best grade within the '2025 Recent and Renewable Energy Convergence Support Project' contest hosted by the Ministry of Trade, Industry...

EU, electricity consumption is decreasing… only 23% of energy consumption over 10 years

There was a report that electricity consumption within the European Union (EU) has decreased. The European Electricity Association (Eurelectric) announced on the third (local time) that electricity demand decreased by 7.3% from 2022 to 2023. To...

EU provides 1.46 trillion won in energy transition support to Portugal

The European Union (EU) announced on the twenty seventh (local time) that it has approved 1 billion euros (about 1.46 trillion won) to support Portugal's energy transition for a decarbonized economy. It is a larger...

Amazon says it’s going to change into the world’s largest buyer of renewable energy in just a few years

Amazon, the world's largest cloud company, predicted that it's going to change into the most important buyer of renewable energy in the subsequent few years. Amazon CEO Andy Jassy appeared in a public discussion...

Jeonnam Province, Gwangju City, and KEPCO Join Hands to Expand Renewable Energy

Jeollanam-do, Gwangju City, and Korea Electric Power Corporation (KEPCO) have joined forces to expand renewable energy and strengthen the facility grid. On the agreement signing ceremony held at KEPCO on September 23, former South...

Asian Development Bank approves $660 billion loan for Indonesia’s energy transition

The Asian Development Bank (ADB) has approved a $500 million policy-based loan to speed up Indonesia's clean energy transition. ADB made the announcement in Manila, Philippines, on the twentieth, saying the loan supports Indonesia's greenhouse...

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