Headline News:
- “Renewable Energy Key To Tackling Global Water Crisis – IEA” • The International Energy Agency is seeking to reduce the amount of water used in generating energy globally. In place of fossil fuels like oil, gas, and coal, the IEA said use of renewable energies like wind and solar panels would reduce water use in the energy sector. [Punch Newspapers]
Walking for water (Jeff Ackley, Unsplash)
- “Farmers Double The Value Of Back Paddocks With Renewable Power Deals” • The founder of Australia’s first renewable energy land acquisition agency, Daniel Moroko says he found land for 4 GW of big battery projects and 800 MW of solar farms over 30 individual agreements in four Australian states. Some farmers doubled the value of back paddocks. [RenewEconomy]
- “Taps Running Dry Have Become Part Of Daily Life In South Africa’s Biggest City” • While drought can hurt Johannesburg’s water supply, the dams are full. But climate change is making things worse in another way: Officials say a weeks-long late summer heat wave, up to 5°C above normal, is giving a huge boost to water demand. [CNN]
- “US EIA Increases Oil Price Forecast After OPEC+ Production Cut Extension” • The EIA increased its forecast prices for crude oil and petroleum products for the remainder of 2024 in its March Short-Term Energy Outlook after the announcement that OPEC+ will extend its voluntary production cuts through the second quarter of 2024. [CleanTechnica]
- “Offshore Wind Growth Continues In Pursuit Of Climate Targets” • McKinsey research suggests global installed offshore wind capacity is expected to reach 630 GW by 2050, up from 40 GW in 2020. This is just a small part of wind installations. The IEA says that offshore wind farms account for just 7% of installed wind capacity. [Energy Digital Magazine]
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