Anadolu Agency

home > Renewable > Geothermal/Biomass

More Geothermal/Biomass News

ExxonMobil, REG focus on cellulosic biofuel potential

- ExxonMobil and Renewable Energy Group partner with Clariant to advance cellulosic biofuel research, company announces

25.01.2019 Refining/Petro Chemistry , Geothermal/Biomass , Renewable , Americas , General

Turkey drafts regulation on electricity storage

- Draft regulation sees storage as a market operation and aims a more balanced grid

21.01.2019 Electricity , Wind , Solar , Geothermal/Biomass , Renewable , Turkey , General

Turkey can cut 20% gas imports via district heating

- Geothermal energy has potential to meet 30% of Turkey's heating needs, Danish Consul General in Istanbul says

24.11.2018 Natural Gas , Geothermal/Biomass , Turkey

Turkerler to invest up to $1B. in Manisa's geothermal

- Turkey's Turkerler conglomerate to create 248 megawatts of geothermal energy capacity in Aegean city of Manisa

07.09.2018 Geothermal/Biomass , Invesments

US funds $4.45M for geothermal zonal isolation research

- Enhanced geothermal system technologies could lead to over 100 GW of viable, electric generating capacity in continental US

06.09.2018 Finance , Geothermal/Biomass , General

Finnish Neste's profit increases to €277 mln. in 2Q18

- Europe remains main market for Neste's product sales

03.08.2018 Geothermal/Biomass , Europe , General

US to invest $3.6M in geothermal energy technology

- US Geothermal Technologies Office will fund projects to advance geothermal exploration through machine learning techniques

21.07.2018 Electricity , Finance , Geothermal/Biomass , General

Turkey's Zorlu joins EU zero emissions geothermal proj.

- EU project includes Zorlu Energy and Middle East Technical University as Turkey's participants

05.07.2018 Geothermal/Biomass , Projects , Turkey , Europe

US to give up to $4.45M to enhance geothermal systems

-Department of Energy says zonal isolation technologies can 'radically' improve performance of manmade geothermal reservoirs

26.06.2018 Geothermal/Biomass , Projects , Renewable , General

US to collaborate with New Zealand on geothermal energy

-US Dept. of Energy, New Zealand's Ministry of Business, Innovation and Employment agree to advance geothermal technologies

26.06.2018 Geothermal/Biomass , Invesments , Renewable , General

Norway's district heating consumption up 4.4% in 2017

- Investment in district heating production and the further expansion of the district heating push up consumption

04.06.2018 Geothermal/Biomass , Europe , General

Solar: US' third most prevalent renewable power source

-Last year, power from solar sources surpassed biomass for the first time, Energy Information Administration says

10.05.2018 Solar , Geothermal/Biomass , Americas

Fortum invests €13.5 million in Indian biofuel project

- The biorefinery, which will be based on Chempolis' formico-technology, aims at more resource efficient use of biomass

04.05.2018 Geothermal/Biomass , Europe , General

US to invest $14.5 mln. to advance geothermal drilling

- U.S. Department of Energy to give $14.5 million funding for innovative, geothermal research and development

25.04.2018 Renewable , Geothermal/Biomass , Invesments , Americas , General

Turkey's geothermal target for 2030 quadruples

- Target for 2023 of 1,000 megawatts exceeds expectations while 2030 target revises up to about 4,000 megawatts

12.04.2018 Geothermal/Biomass , Turkey

Turkey's geothermal workshop kicks off Weds. in Ankara

- Turkey's Geothermal Power Plant Investors Association will host for second time Turkey's Geothermal workshop and congress

11.04.2018 Finance , Geothermal/Biomass , Turkey , General

Turcas Petrol to double geothermal capacity in mid term

- At AA energy desk, Turcas CEO stresses importance of Turkish Energy Ministry's support for future clean energy investments

15.03.2018 Finance , Geothermal/Biomass , Renewable , Turkey , General

Turkey ranks fourth in global geothermal league in 2017

- Turkey has 41 geothermal facilities with 1,100 MW capacity, as well as 23 facilities with 614 MW under construction

17.01.2018 Geothermal/Biomass , Invesments , Turkey

Two new 17 MW biomass plants begin operations in Turkey

- The plants will produce electricity from agricultural biomass and animal waste

03.11.2017 Renewable , Geothermal/Biomass

South America opens its first geothermal plant

- The 48-megawatt plant, located 4,500 meters above sea level, is the first of its kind in South America

13.09.2017 Renewable , Geothermal/Biomass

Geothermal can boost Central American energy security

- Region needs correct policy and regulation to unlock 20 times the currently installed geothermal capacity, IRENA says

22.08.2017 Renewable , Geothermal/Biomass

Turkish geothermal sec. to double investment by 2020

- Governmental support is a must for geothermal sector development, the head of Turkish geothermal assoc., JESDER, says

17.08.2017 Renewable , Geothermal/Biomass

Tanzania receives $21.7M fund for geothermal activities

- Tanzania wins $21.7 million from Climate Investment Funds to advance geothermal exploration and transform its energy sector

24.07.2017 Renewable , Finance , Geothermal/Biomass , Invesments

Anaerobic digestion plants power 1 million+ UK homes

- Capacity reached 730 megawatts in 2017 to date, up 18 percent from last year with annual generation of 10.7 terawatt-hours

05.07.2017 Renewable , Geothermal/Biomass

Carrefour, ENGIE to develop biomethane fuel in France

- As part of partnership, a fleet of 200 Carrefour trucks will be driving on biomethane fuel by late 2017

05.07.2017 Renewable , Geothermal/Biomass

US to fund $4 mln. for six geothermal research projects

-The U.S. Department of Energy (DOE) announced Friday that $4 mln. will be used for six geothermal Deep Direct-Use projects

03.07.2017 Renewable , Geothermal/Biomass

ERBD to finance geothermal exploration in Turkey

- EBRD will support exploratory drilling investments in Turkey's Dikili, in geothermal-rich area in Izmir province

06.06.2017 Renewable , Finance , Geothermal/Biomass , Projects

Izmir to host global geothermal sector on May 22-24

- IGC Turkey - the International Geothermal Congress (IGC) will take place in Izmir between May 22-24, 2017

20.05.2017 Renewable , Finance , Geothermal/Biomass , Invesments

Turkey leads in global geothermal energy development

- Turkey continues to showcase geothermal development and sets the pace for the global geothermal market, ThinkGeoEnergy says\r\n

18.05.2017 Renewable , Finance , Geothermal/Biomass , Invesments

Full potential of biogas yet to be exploited in EU

-Biogas can be flexible and sustainable alternative energy source, but regulatory and technical barriers need to be addressed

20.04.2017 Renewable , Geothermal/Biomass

World Bank to co-host Int. Geothermal Congr. in Turkey

- Turkey increased its geothermal installed power generation capacity to 858 MW as of March 2017

04.04.2017 Renewable , Geothermal/Biomass

E.ON to turn waste to power in Stockholm

- Biogas facility plans to come online in 2018, while combined heat and power plant is set for 2019

09.03.2017 Renewable , Geothermal/Biomass

EU transport sector targets 10% biofuel usage by 2020

- Burning drop-in biofuels leads to considerably lower emissions of soot and aerosol particles, new study shows

20.02.2017 Renewable , Geothermal/Biomass

World Bank supports Indonesia's geothermal power

- World Bank approves $55.25 million grant for development of geothermal power in Indonesia

10.02.2017 Renewable , Geothermal/Biomass

Danish Dong Energy to stop coal use by 2023

- Company to replace coal with sustainable biomass in power stations

02.02.2017 Electricity , Renewable , Coal , Geothermal/Biomass

Bioenergy value in decarbonization outlined in roadmap

- IEA and FAO jointly outline necessary steps to create strategy plan to increase the use of bioenergy

30.01.2017 Renewable , Geothermal/Biomass

Solar energy in Turkey shines out in 2016

- Turkey's solar energy installed capacity grew 230 percent in 2016 compared to previous year, Energy Ministry data shows

15.01.2017 Renewable , Finance , Solar , Geothermal/Biomass , Invesments

Chevron sells geothermal assets in Indonesia, Philippines

- Company sells geothermal facilities to Star Energy Consortium

25.12.2016 Renewable , Geothermal/Biomass

ENGIE sells Polaniec power plant to Enea for €250 mln

- The Polaniec transaction reduces ENGIE’s carbon emissions by 6.2 percent

25.12.2016 Renewable , Finance , Geothermal/Biomass , Invesments

U.K. Green Inv. Bank supports new waste-to-energy plant

- Facility to have 18.8 megawatts capacity and generate enough electricity to power more than 30,000 homes

16.12.2016 Renewable , Finance , Geothermal/Biomass , Invesments

Turkey receives $139.8 mln for geothermal projects

- Development Bank to loan $100 million, Clean Technology Fund to grant $39.8 million to Development Bank of Turkey

30.11.2016 Renewable , Geothermal/Biomass

Engie develops new dry biomass-to-energy technology

- Technical potential of dry biomass in European Union countries is 880,000 gigawatt hours a yearrn

28.11.2016 Renewable , Geothermal/Biomass

Italian EXERGY to support 5 geothermal plants in Turkey

- Company provides turbines, which have received the Made in Turkey certificate, to five different geothermal units in Turkey

17.11.2016 Renewable , Geothermal/Biomass

Turkey privatizes Kilavuzlu and Menzelet hydro plants

- Akorenbeli Hydroelectricity Investment Construction and Transmission AS wins privatization tender for two plants

04.11.2016 Renewable , Finance , Geothermal/Biomass , Invesments

Green Invest. Bank commits £28 mln. for biomass plant

- Construction to conclude in 2019 when plant will generate 94 gigawatt hours of electricity annually

07.10.2016 Renewable , Geothermal/Biomass

Waste can meet 3% of Turkey's power needs by 2020

- Waste to energy use in Turkey in four year's time is possible through correct technology use

26.09.2016 Renewable , Geothermal/Biomass

Turkey seeks $290 mln. funding for geothermal projects

- Funding is set to be used for early development of geothermal projects in Turkey, World Bank announces

23.08.2016 Renewable , Finance , Geothermal/Biomass , Projects

EXERGY aims for extra 200MW geothermal by 2017 in Turkey

- Turkish geothermal potential is one of the greatest in the world, says Deputy General Manager of EXERGY's Turkey subsidiary

12.08.2016 Renewable , Geothermal/Biomass

Global energy sector can solve air pollution problem

-Energy sector although is root cause of air pollution with fossil fuels, can also provide solution through clean energy: IEA

28.06.2016 Renewable , Solar , Geothermal/Biomass , Energy Diplomacy , International Organization

Izmir hosts the Int. Geothermal Congress

More than 200 leading Turkish and international geothermal experts attended IGC Turkey 2016 in Izmir

26.06.2016 Renewable , Finance , Geothermal/Biomass , Invesments

Turkey to reach geothermal energy target by 2018

Turkey likely to reach geothermal sector's 1,000 MW target by 2018, ahead of 2023, say EBRD officials

11.06.2016 Renewable , Finance , Geothermal/Biomass , Invesments

Turkey is hottest geothermal market in world: EBRD

- Turkey is currently hottest geothermal market in the world, says MD of European Bank for Reconstruction and Development

06.06.2016 Renewable , Finance , Geothermal/Biomass , Invesments

Build of N. Ireland’s largest waste energy plant begins

- The plant, due for completion in 2017, has capacity to generate enough power for 14,500 homes

22.03.2016 Renewable , Geothermal/Biomass

North American countries sign first-ever climate accord

- Agreement represents ‘bold vision for our continent’ says Canadian minister

13.02.2016 Renewable , Solar , Hydro , Geothermal/Biomass

Renewable energy investments in Turkey set to grow

- Boom seen in renewables with growing number of banks and financial institutions choosing to finance sector

28.01.2016 Renewable , Finance , Solar , Geothermal/Biomass , Invesments

Turkey to avail of EBRD's $125 M. for geothermal projs.

- The European Bank for Reconstruction and Development has developed PLUTO, a framework to further finance geothermal projects

25.01.2016 Renewable , Finance , Geothermal/Biomass , Invesments

Turkey’s geothermal sector seeks incentives hike

- With increase in incentives, more investors will be encouraged to enter sector, Geothermal Association of Turkey head says

14.01.2016 Renewable , Geothermal/Biomass

Biomass provides independence from fossil fuels

- Biomass use in Turkey should be increased, it provides independence from fossil fuels with its energy storage capability

05.01.2016 Renewable , Geothermal/Biomass

Global Geothermal Alliance launches in Paris COP21

- Coalition of 38 countries and over 20 development and industry partners launches Global Geothermal Alliance at COP21

09.12.2015 Renewable , Geothermal/Biomass

Turkey to build bioenergy plant in Uganda

-Turkey plans bioenergy plant for electricity generation in Uganda, Turkish Science, Industry and Technology Minister says

27.11.2015 Renewable , Geothermal/Biomass

Indonesia to raise geothermal electricity generation

- Current 1.3 GW geothermal capacity is aimed to reach 5 GW by 2020

20.10.2015 Renewable , Finance , Geothermal/Biomass , Projects

Carbon report envisions 20pct cut in Turkey's emissions

- New research says long-term 'green' policies will pay off after initial economic pain

07.10.2015 Renewable , Solar , Geothermal/Biomass

Renewables to meet 22% of Africa's energy demand by 2030

- Renewables could meet 22 percent of Africa's demand by 2030 - a rise of 17 percent from 2013, according to IRENA report

05.10.2015 Renewable , Geothermal/Biomass , Energy Diplomacy , International Organization

Istanbul produces energy from 14,000 tonnes of waste

09.09.2015 Renewable , Geothermal/Biomass

EBRD invests in waste managment plant in Baltics

- European Bank for Reconstruction and Development invests in construction of Baltic's waste management plant

24.08.2015 Renewable , Geothermal/Biomass

Scotland to improve poor homes with efficiency fund

- Scottish government to fund poor households in bid to make heating cheaper and homes more energy efficient

21.08.2015 Renewable , Finance , Geothermal/Biomass , Projects

Turcas to start power production from geothermal by 2017

- The company invested $65 million in a geotermal power plant in Aydin, says CEO of Turcas.

26.07.2015 Renewable , Geothermal/Biomass

Turkey to boost energy prod. from domestic waste: Yildiz

- Generating electricity from organic waste would lower Turkey's oil and gas import costs, Energy Minister Yildiz says

11.07.2015 Renewable , Finance , Geothermal/Biomass , Invesments

Scottish eco-schools to receive £440,000 in funding

07.07.2015 Renewable , Geothermal/Biomass

Construction starts on Scotland's green energy center

- St Andrews University will avail of state-of-the-art biomass facility, using only wood from sustainable local sources

07.07.2015 Renewable , Geothermal/Biomass

National Trust to invest £30 million in UK renewables

06.07.2015 Renewable , Hydro , Geothermal/Biomass

EBRD co-finances Turkey’s largest geothermal power plant

29.06.2015 Renewable , Finance , Geothermal/Biomass , Invesments

Turkey steps up electricity generation from waste

-The biomass plants in Istanbul provide power for 126,000 families annually

28.06.2015 Renewable , Geothermal/Biomass

Turkey's largest biomass plant receives pre-licensing

- Country's largest biomass project is part of Mutlular Enerji's $100 million investment in energy

25.06.2015 Renewable , Geothermal/Biomass

Zorlu Enerji gets prelim. license for geothermal project

- The company received preliminary license for its 24.9 megawatt Kizildere 4 geothermal project

22.06.2015 Renewable , Geothermal/Biomass , Regulation , Renewable

Turkey's renewable consumption increases

- Turkey more than quadrupled its renewable energy consumption in the last five years

13.06.2015 Renewable , Wind , Solar , Geothermal/Biomass

Ireland to construct country's largest biomass plant

-Construction on Ireland's largest biomass plant will begin later in month, announced country's chief

08.06.2015 Renewable , Geothermal/Biomass

Turkey launches power plants worth $1 bln in a week

- In one week, Turkey launcehd $1 billion worth of power plants, said the Energy and natural Resources Minister, Friday.

22.05.2015 Renewable , Geothermal/Biomass

Renewable energy employs 7.7 Million People: IRENA Report

20.05.2015 Renewable , Wind , Solar , Geothermal/Biomass

Turkish student built solar powered electric bicycle

- Turkish university student built solar powered electric bicycle with US$ 400 in 6 months

17.05.2015 Renewable , Solar , Geothermal/Biomass

Turkey aims to boost energy production from solid waste

- Turkey plans to use advance systems to generate electricity from solid and domestic waste

15.05.2015 Renewable , Geothermal/Biomass

European Parliament votes to approve EU biofuels cap

- Draft law aims to cut greenhouse gas emissions caused by growing use of farmland for biofuel crops

29.04.2015 Renewable , Geothermal/Biomass , Energy Diplomacy , International Organization

UAE's building sector provides biggest energy savings

- UAE looks to change energy sector by increasing energy efficiency, clean energy and source diversification

22.04.2015 Renewable , Finance , Geothermal/Biomass , Projects

Scotland's first geothermal firm targets fuel-poverty

- Scotland's first geothermal company aims to reduce fuel poverty in poor communities with heating from geothermal sources

15.04.2015 Renewable , Geothermal/Biomass

Renewables to reduce demand by half in Caspian region

- Use of renewable energy and efficiency would decrease consumption by half in Caspian region, an IEA report shows

14.04.2015 Renewable , Hydro , Geothermal/Biomass

New Zealand hits record in renewable energy

- The share of renewable energy in New Zealand hit record levels, says country's energy minister

27.03.2015 Renewable , Geothermal/Biomass

UK puts £42 bln in renewable, nuclear since 2010

- The U.K. invests more than £39.6 billion in renewable, and £ 2.5 billion in nuclear energy since 2010

26.03.2015 Renewable , Solar , Hydro , Geothermal/Biomass

Costa Rica uses 100% renewables since new year

- Costa Rica has been running on renewable energy sources since new year

25.03.2015 Renewable , Hydro , Geothermal/Biomass

Biogas: a link between Stockholm and Istanbul

- Sweden's cooperation with Turkey on efficient renewable projects welcome: Swedish Energy Minister

21.03.2015 Renewable , Geothermal/Biomass

UK drivers to save 600 pounds a year with low-fuel cars

- With the switch to low-fuel cars, Britain can reduce dependence on imported oil, the economy can strengthen and climate conditions can improve, the report says

11.03.2015 Renewable , Geothermal/Biomass , Energy Diplomacy , International Organization

Energy Union vital for EU's supply security: Swedish min.

- EU should avoid creating excessive red tape as it tries to create unified internal energy market.

11.03.2015 Renewable , Geothermal/Biomass

Bulgaria, Estonia, Sweden beat 2020 renewables target

- Bulgaria, Estonia and Sweden surpassed their renewable energy goals for 2020, according to European statistics agency, EuroStat

11.03.2015 Renewable , Hydro , Geothermal/Biomass

Croatia's first geothermal plant operational in 2017

Turkish company, MB Holding will build Croatia's first geothermal power plant by 2017, says head of the company

10.03.2015 Renewable , Geothermal/Biomass

Finland's largest biogas facility opens

- Finland's largest biogas facility will produce enough energy to meet the consumption of 2,000 detached houses

06.03.2015 Renewable , Geothermal/Biomass

Offenburg to host 11th geothermal conference

- The 11th International Geothermal Conference will be held in Offenburg

02.03.2015 Renewable , Geothermal/Biomass

Wind energy overtook Hydro in Australia for the first time

18.02.2015 Renewable , Wind , Geothermal/Biomass

Turkey and Finland have energy partnership potential

04.02.2015 Renewable , Geothermal/Biomass

Turkey's geothermal potential being explored

- Turkey's southeastern region has vast energy potential to be explored said head of regional development project.

26.12.2014 Renewable , Geothermal/Biomass

Europe's biogas industry grows in 2013

16.12.2014 Renewable , Geothermal/Biomass

Turkey's geothermal electricity generation doubles

- Turkey's electricity generation from geothermal sources doubled between 2012 and October 2014

08.12.2014 Electricity , Renewable , Thermal , Geothermal/Biomass

Oslo Airport to host biofuel flights

Oslo Airport will become the first airport to use biofuel instead of aviation fuel, according to official

01.12.2014 Natural Gas , Renewable , Lng/Lpg , Geothermal/Biomass

1st bioenergy plant for Turkey using agricultural waste

Turkey's first electricity-generating plant using bioenergy from agricultural waste will come online in 2016 in Turkey's southern province of Adana.

27.11.2014 Renewable , Geothermal/Biomass

Turkey to seek new geothermal resources

- Turkey's mining institution will drill for new geothermal resources in the Afyonkarahisar province of Turkey

18.11.2014 Renewable , Geothermal/Biomass

Turkey to generate electricity from magma

- Turkey to generate electricity from geothermal plant using sea water heated by magma offshore of Mugla city on Aegean Sea

04.11.2014 Renewable , Geothermal/Biomass

Turkey invests $5.5 billion in renewables in 2014

- Turkey put 137 renewable power plants on line during first nine months of 2014

03.11.2014 Renewable , Geothermal/Biomass

Iran's enriched uranium production increases

Russia's Rosatom to open branch in Saudi Arabia

Decline in nuclear energy to threaten climate goals

Trump urges Korean denuclearization

GE begins to digitize thermal, renewable power in India

China's coal output up 5.2 pct in September

Asian Dev. Bank to loan $500M to Bangladesh power plant

China’s coal production up 4 percent in April

Turkey aims to increase share of renewables: Minister

Eni, Synhelion team up to produce low emission fuel

Kenyans protest plans for coal-fired power plant

Gas, renewables to replace coal for US power in summer

Global oil supply falls in May: IEA

Uzbekistan to invest $33 billion in oil and gas sector

Turkey rejects EU statement on drilling in Eastern Med

Abu Dhabi launches bid round 2 for 5 exploration blocks

Abu Dhabi launches bid round 2 for 5 exploration blocks

‘Ankara to always protect Turkish Cypriots’ rights’

Total, ADNOC to explore gas in Abu Dhabi

Osaka to acquire 35pct stake in US shale gas project

Russia holds 19.8% of total global proven gas reserves

Tupras refineries ranked biggest industry in Turkey

Turkey's natural gas imports down 9% in March

Gas, renewables to replace coal for US power in summer

LNG's share in global gas trade increases rapidly

Russia holds 19.8% of total global proven gas reserves

Qatar leads in LNG exports again

Shell ships first LNG cargo from Australia's giant Prelude

Oil prices fluctuate with supply risks for w/e June 14

US again leads world in oil production, consumption

US revises down oil price forecasts for 2019

Oil prices rebound from losses after rise in US stocks

US again leads world in oil production, consumption

US' monthly oil imports from OPEC falls to 33-year low

Oil rig count in US falls by 11 this week

Oil prices gain with record China crude imports

US crude oil stocks rise, output falls for w/e June 7

Iran decries US sanctions on petrochemical industry

Canadian study finds disturbing plastics in humans

US oil output at record level while crude stocks fall

Oil prices continue gains after tanker attacks in Oman

Turkey's energy import bill up 12.5% in April 2019

Oil steady with attack on Saudi station, US-China trade

Lower income EU countries fail to uptake electric cars

Renewable energy employs 11 million people worldwide

Global offshore wind market to grow to €11B by 2028

Vestas secures 97 MW wind order in Brazil

Enel sells 540 MW of renewable capacity in Brazil

Renewable energy employs 11 million people worldwide

Enel sells 540 MW of renewable capacity in Brazil

Solar power illuminates power-hungry Malawi countryside

Scatec Solar signs up for 485 MW in Vietnam

Global hydropower capacity grows by 1.97% in 2018

Gas, renewables to replace coal for US power in summer

Majority of Norway's power from hydro in Mar. 19

Turkey hits daily hydroelectric gen. record on April 16

US awards $5.5 million for geothermal machine learning

Enel buys 650 MW of renewable power plants in US

Engie buys French biomethane producer Vol-V Biomasse

Eni, Indonesia’s Pertamina ink circular economy deal

Eni, NextChem to turn waste into energy

European consortium launches carbon capture project

EBRD, Turkish bank sign $112M financing agreement

UK to ban plastic straws, stirrers & buds in Apr. 2020

Climate finance by development banks reach $43.1B

Energy investments to increase in Norway in 2020

EBRD, Turkish bank sign $112M financing agreement

Google to invest €600M in new data center in Finland

Oil prices fluctuate with supply risks for w/e June 14

Oil prices continue gains after tanker attacks in Oman

US revises down oil price forecasts for 2019

Oil prices rebound from losses after rise in US stocks

US crude export levels and destinations rise in 2018

S&P revises Mexico's Pemex outlook to negative

Seven oil, gas majors establish blockchain consortium

Chevron is 1st US energy major to tie pay to emissions

US coal consumption in 2018 set to be lowest in 39 yrs.

Turkey's electricity consumption down 2.2% in Nov.

US plans to end electric car, renewable subsidies

MEDREG can play 'crucial' role in Med energy sector