https://www.spglobal.com/energy/en/rss/latest-energy-transition-headlinesEnergy Transitionhttps://www.spglobal.com/energy/en/news-research/latest-news/electric-power/061526-uk-japan-agree-on-offshore-wind-investment-pact-worth-up-to-gbp9-billionThe UK and Japan agreed to an offshore wind investment pact worth up to GBP9 billion ($12.1 billion), with Japanese investors set to back 5.9 gigawatts of UK floating wind projects as part of a broader economic partnership between the two nations. The UK-Japan Offshore Wind Compact, developed in partnership with UK state-owned Great British Energy, will support floating offshore wind developments,Electric Power, Energy Transition, Renewables2026-06-15T12:27:46Zhttps://www.spglobal.com/energy/en/news-research/latest-news/refined-products/061526-global-saf-market-needs-long-term-contracts-to-unlock-investment-expertsEurope's sustainable aviation fuel industry faces a structural supply deficit that cannot be resolved without significant production capacity from the Asia-Pacific and binding long-term contracts that unlock investment in large-scale facilities, according to industry experts. The challenge stems from a fundamental mismatch between Europe's binding SAF blending mandates under the RefuelEU AviationAgriculture, Energy Transition, Refined Products, Biofuels, Renewables, Jet Fuel2026-06-15T10:17:14Zhttps://www.spglobal.com/energy/en/news-research/latest-news/energy-transition/061526-indian-biochar-developers-optimistic-on-cdr-demand-despite-microsofts-procurement-paceIndian biochar developers expressed optimism about demand prospects for the near-to-medium term from large corporates in the US and Europe for biochar credits, despite Microsoft announcing it was adjusting the pace of procurement of removal credits. Evolving dynamics stemming from developments in West Asia are not expected to significantly reduce buying interest from corporates for carbon dioxideAgriculture, Energy Transition, Biofuels, Renewables2026-06-15T06:03:21Zhttps://www.spglobal.com/energy/en/news-research/latest-news/shipping/061526-china-targets-40-penetration-of-new-energy-heavy-duty-truck-by-2030China will promote the large-scale deployment of new energy heavy-duty trucks across all scenarios to drive new growth in the transportation sector, according to an implementation plan released June 12 by 11 government departments, including the Ministry of Transport. The plan targets a 40% penetration rate for new energy heavy-duty trucks by 2030, lifting the total fleet to more than 1.6 millionNatural Gas, Crude Oil, LNG, Energy Transition, Refined Products, Electric Power, Hydrogen, Diesel-Gasoil2026-06-15T03:33:13Zhttps://www.spglobal.com/energy/en/news-research/latest-news/energy-transition/061226-interview-new-us-reforestation-deal-shows-evolving-vcm-buyer-strategy-cip-ceo-saysThe recent 1 million metric ton CO2 removal deal in the US shows how voluntary carbon market buyers are evolving their deal structures, the CEO of VCM intermediary Climate Impact Partners said in a June 12 interview. The deal, announced June 11, was brokered by Climate Impact Partners and involved a staggered purchase of 1 million metric tons of CO2 equivalent from GreenTrees' Mississippi AlluvialEnergy Transition, Carbon, Emissions2026-06-12T17:37:43Z