MEC - M77 Engineering Consulting

We’re hiring an Energy Technology Analyst to support our work on hydrogen 📢 If you’re ready to develop thought-leading analysis on hydrogen technologies & supply chains, this could be the job for you! Apply by 17 July → iea.li/3JRIKdc

Tackling methane from oil & gas is one of the cheapest ways to reduce greenhouse gas emissions Our new report shows cutting methane emissions by 75% by 2030 requires $75 billion of investment. But over half of this be can recouped by selling captured gas: iea.li/44wOWz6

Global investment in clean energy is on course to rise to $1.7 trillion in 2023. And for the first time ever, solar is set to attract more capital than oil production this year. This reflects the changing tide in the energy world → iea.li/44msaK2

The Role of Biofuels in Energy Transitions: Tod McGreevy and Ramin Lakani look at the role that biofuels are playing in the energy transition and how the oil and gas industry can leverage their existing facilities: thechemicalengineer.com/features/The-R…

The world needs to build on the strong momentum in clean energy spending Governments, industry & investors must work together to scale up investment, particularly in emerging & developing economies, in order to ensure a secure & sustainable transition 👉 iea.li/3qCdVlS

In a year when global electricity demand rose by 2%, the European Union was the only major region where demand declined substantially in 2022 - falling by 3% Read more in our latest commentary on what drove this drop in 🇪🇺’s electricity consumption 👉 iea.li/43YNBRp

🗣 “Government & corporate spending on energy research & development hit record highs last year, as did venture capital bets on clean energy technologies” More from @sijbennett on how energy R&D spending remained resilient to shocks in a turbulent 2022 👉 iea.li/460oRtI

#NaturalGasWeeklyUpdate: Global trade in liquefied #naturalgas increased by 5% in 2022 #LNG #energytrade eia.gov/naturalgas/wee…

The oil & gas industry had a record cash windfall in 2022 due to high fuel prices But most of this has gone to dividends, share buybacks & debt repayment, rather than into energy investments. Only a small fraction has been spent on clean technologies 👉 iea.li/3J9rlft

The global energy crisis is accelerating the transition away from oil, with volatile prices & supply concerns driving the shift Annual demand growth is expected to slow from 2.4 mb/d this year to just 0.4 mb/d in 2028, putting a peak in demand in sight → iea.li/42Ez785

LyondellBasell, Technip Energies, and Chevron Phillips Chemical have signed a memorandum of understanding to design, construct, and operate a demonstration unit using Technip’s electric steam cracking furnace technology (e-Furnace by T.EN). thechemicalengineer.com/news/lyondellb…

Modelling with Excel Part 5: Stephen Hall shares helps engineers visualise batch processes with Gantt charts. Download the interactive workbook and follow along to use Excel’s drawing tools and VBA subroutines to create your own: thechemicalengineer.com/features/model…

Solar PV is driving the rapid growth in renewable capacity worldwide, accounting for two-thirds of the expected global increase this year & next. The energy crisis has turbocharged demand for both large-scale plants & rooftop solar. Read more ➡️ iea.li/43QPMGy

Global spending in clean energy is widening the gap over fossil fuels 5 years ago, for $1 invested in fossil fuels, the same went to clean energy. This year, for $1 invested in fossil fuels, $1.70 is going to clean energy. More in our new report 👉 iea.li/3Cp87Pm

The world is set to add over 440 gigawatts of renewable power capacity this year. This is a huge jump from last year & more than double what was added in 2019. More in our latest Renewable Energy Market Update → iea.li/43zok06

La corsa degli #investimenti #globali nell'#Energia #pulita: oltre 1,7 migliaia di miliardi di #dollari nel 2023 #Energy #energytransition #investment #Renewables #Sustainability #Europe #RussiaUkraine #UkraineRussiaWar️ repubblica.it/economia/rappo…

This week at our Global Conference on #EnergyEfficiency, 45 governments from around the world endorsed our call to double global energy efficiency progress by the end of this decade. Read more on the key outcomes of the discussions ⬇️ iea.li/45Pyn2Z

Distillation improvement opportunities #2: Dividing wall columns promise significant energy and cost savings compared to multiple binary distillation columns. Robert Piszczek and colleagues from ExxonMobil look at the opportunities for process engineers: thechemicalengineer.com/features/Disti…

Germany — Plugin EVs Take 22.9% Share, Tesla Leads cleantechnica.com/2023/06/07/ger…

Europe's gas prices stabilise as storage additions slow nasdaq.com/articles/colum…