FAN News and Press, First Trust Global Wind Energy From 03/15/23

2023-03-15 21:20:11 ET Summary With major European, US, and Asian focus on wind power (especially offshore), the problems that have recently plagued the industry are being addressed. Orsted is the world’s largest offshore wind project developer and it is well-positioned to ...

2023-03-10 23:00:26 ET President Biden and European Commission Ursula von der Leyen said Friday the two sides will open negotiations on the use of critical minerals used to produce batteries for electric vehicles. The two leaders met at the White House amid growing European comp...

Summary U.S. producers look to be in a favorable long-term position to help meet the world’s insatiable demand for energy. Electricity producers are increasingly shifting from coal to natural gas and renewable energy sources to lower overall CO2 emissions. Many energy-infrast...

Summary In 2021, China announced carbon dioxide peaking by 2030 and carbon neutrality by 2060. Despite China being the largest issuance country in the green bond market, international investors may often find themselves lost in the pile of Chinese green bond guidelines. China remain...

Summary If we seek an economy that can thrive indefinitely, we must invest in and dramatically scale up the means of production that put an end to the causes of these risks. The entrenchment of the asset management industry in favoring the legacy economy is significant. There are at...

Summary Vestas has a laser-like focus on growing its business and, while it has recently upgraded the size of its key offshore turbine, its major focus is on growing its portfolio. There are many other companies entering a major expansion of the wind industry (especially offshore). ...

Summary Expectations for a full-fledged economic regime change may be overblown, but shifts in liquidity, globalization, climate change, and security could accelerate investment in innovation. Economic growth may slow in 2023, but the relative strength of labor, leverage, and liquidity ...

The U.S. Department of the Interior said this week it will publish proposed rules that would simplify regulations for clean energy development on the Outer Continental Shelf to help meet the Biden administration's climate goals. The department said the proposed rule changes would save dev...

Summary In the present time, climate change is progressively inflicting cascading shocks on our environment, economies, and society. Green transportation prioritizes the effective use of energy resources through the creation of energy-efficient modes of transportation and the transforma...

Summary We expect to see 58 GW growth in the combined wind and solar market in Europe and 32 GW in the US in 2023. Global commercial CCS capacity that is operational or under development is set to grow by 44% this year to 244 million tonnes per annum. Hydrogen is still in its infanc...