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gigawatt natural gas power plant in the U.K. have been shelved by the developer Drax, highlighting the challenging economics of converting coal-fired power to a cleaner, but still fossil-fuel-fired, alternative. It would have been the largest gas plant in Europe and, unsurprisingly, drew the attention of environmental groups.
These 20 C-suite executives have steered their companies forward through much disruption, providing inspiration for the possibilities of advancing sustainability, social responsibility and circular business models — sometimes all at once. In 2014, the electrical engineer and MBA became the first woman to lead a U.S. Company profile.
ABB has announced delivery of electrical distribution and control systems for a 300kW future microgrid that engineering and management consultancy Tetra Tech is deploying for Oldham Council in Greater Manchester. The electrical control scheme is based on smart ABB Ability circuit breakers.
This week’s edition of Smart Energy Finances – the first of 2023 – sees S&P Global downgrade Elia Group and Eurogrid’s outlook from stable to negative while Indian transmission company Adani Group announces BSML – a smart metering subsidiary. Elia Group and Eurogrid’s outlook down to negative.
Last year, the company announced two major initiatives: Carbon renewal technology , or CRT, which breaks down waste plastic feedstocks to the molecular level before using them as building blocks to produce a wide range of materials and packaging. We knew that the circular economy and being a lot more efficient with carbon was a good idea.".
Ten years ago, Siemens Wind Power, as it was then known, started playing around with a concept for a thermal energy storage system. By next year, it could be breathing new life into coal power plants that are currently scheduled for a date with a wrecking ball. gigawatts of new coal-fired power capacity since 2006.
While consumers wait for further updates on support from the government, the UK energy industry is already quietly working in the background to alleviate the challenges by helping to improve the way energy is consumed, measured and managed, writes Rachel Eyres, Business Unit Director for Energy and Utilities at Expleo.
If successfully commercialized, Modvion’s solution would solve the transport problem, while also replacing carbon intensive-steel with what could be a carbon-negative alternative. “We believe this will be a commercialbusiness in the future and it also ticks the sustainability box. million to $7.2
The application follows a previous announcement made by Weardale Lithium on the successful extraction of lithium carbonate from geothermal brine at a former cement works site in County Durham. Producing lithium and providing jobs Once completed, it will be one of the most advanced lithium extraction plants in Europe.
Not only does this produce an inordinate amount of textile waste, it has also resulted in water usage for textile and fashion manufacturers rocketing. Europe is leading the way with treating wastewater, although there is still a disparity between regulations. The Citaram river in Indonesia is the most polluted river in the world.
A recent panel discussion in Glasgow brought together representives from some of the firms helping to build a carbon capture and storage (CCS) industry in the UK. Europe’s storehouse? An important piece of the puzzle is storage: ensuring that captured carbon can be safely and sustainably sequestered over the long term.
In recent testimony, Nuvve CEO Gregory Poilasne told the lawmakers that bidirectional charging can reduce the total cost of EV ownership, and that it’s essential for integrating more renewable energy into the grid. Going bi adds several nifty new benefits to driving electric. What did you tell the folks in Sacramento?
He formerly served as President Obama’s appointee to a US Federal Commission established to assess emerging energy-focused digital technologies. In the emerging energy marketplace, what’s the best role for non-utility market participants? electric vehicles), stationary energy storage and microgrids.
Number 10 has reportedly blocked plans for a £15m public information campaign to advise people on how to reduce energy use and cut their bills their winter, amidst warnings the UK could face blackouts if it cannot import sufficient energy from Europe. It wasn't about lecturing them.".
Latest batch of carbon analysis from electronics giant reveals how clean technologies can help slash emissions from transportation and distribution. The German-headquartered company first started collecting carbon data in 2020, and as such the data unveiled yesterday provides the first year-on-year comparison of its climate impact.
These companies are connected through their various trade group memberships, and have deployed many tools — from networking events to lawsuits — in order to counter Europe’s push to phase-out pesticides and reduce fertilizer use. Read more about the industry’s climate lobbying at DeSmog’s agribusiness database.
After several delays spanning at least a year, the government has finally unveiled vision for a future net zero energy system - here are the eight things you need to know about the long-awaited Energy White Paper. To describe autumn 2020 as a busy period for green economy policy in the UK would be an understatement.
Cleaner Electricity Grids Equal Longer Life Expectancy By Nils Frenkel, Sales Director, North America When I was working with the City of San Antonio’s Climate Action and Adaptation Plan a few years ago, I learned about a shocking statistic in the city I call home. Peaker Plants Are Located Throughout the U.S.
Not only does reclaimed lumber give that rustic, farmhouse look and possess some unique history within its grain, but it also helps preserve our carbon-sequestering forests and rejects monoculture tree farms that do not support biodiversity or ecological health. Eco-Friendly, Ethically-Sourced Building Materials. RECLAIMED LUMBER.
This week’s edition of Smart Energy Finances looks at Shell USA Inc., which has reaffirmed its march into the Electric Vehicle (EV) arena with the acquisition of EV network developer Volta Inc. The survey found the energy sector to be a dominant area for investment, specifically energy security, renewables and EVS/batteries.
From its source in the Pindos Mountains in north-west Greece to its meeting with the Adriatic Sea in Albania, the Vjosa river flows uninterrupted for more than 270 kilometres, making it the longest free-flowing river in Europe outside of Russia. If the story is not as you want it to be, there is a way to change that story.
Last week, Planet President and CFO Ashley Johnson spoke at the Needham Investor Conference in New York City about Planet business and product innovation. Ashley explained that Planets capabilities to develop novel space technology has been a powerfulbusiness opportunity for us in recent years.
Taking the ‘human factor’ into consideration when designing and implementing energy policy is crucial to achieving energy transition goals, writes Dr Rosa Garcia-Verdugo. Have you read: PG&E implements behavioural Energy Efficiency Programme National Grid – Scaling demand response with behavioural outreach.
One tangible way to measure the positive contributions of investment portfolios on the climate is via reductions in carbon emissions and this is something more and more providers are reporting today, while a growing number of investment products are aligning themselves with the Paris Agreement goals. per cent of 2018 GDP.
Suddenly you realise that power, beauty and money are worthless, and won't get you the oxygen you're fighting for. Despite all the negativity, one of the silver linings emerging from the pandemic is how it has hit the reset button on nature. This is the perfect moment to embrace green energy in our fight against the climate crisis.
The board-backed proposal commits the bank to phasing out all project finance, corporate finance, and underwriting of coal-fired power and thermal coal mining by 2030 in the EU and OECD, and by 2040 globally. Want to find out more about Net Zero Finance and the green investment trends that are impacting businesses and investors of all types?
VERGE Energy Conference (VERGE 20) will take place on October 26-30, 2020. This online event can be attended from anywhere, The central theme at VERGE 20 will focus on how energy systems can be decarbonized, decentralized, digitized and democratized. VERGE 20 will be attended by more than 15,000 leaders, it will feature 300+ speakers.
An energy trade association that represents and promotes gas boilers and manufacturers is behind a barrage of negative press attacking heat pumps, DeSmog has learned. Much of the media coverage about heat pumps features Mike Foster, a former Labour MP and the chief executive of the Energy and Utilities Association trade body.
If you take Shell’s word for it, the oil giant’s growing petrochemical operations are indicative of its “commitment” to a cleaner energy future. Credit: Anne Rolfes In 2021, Shell launched its “Powering Progress” strategy outlining how it plans to “transform into a net-zero emissions energybusiness.”
DZ Bank said via a spokesperson that it did not finance oil and gas production “by means of fracking or from oil shale and oil sands”, and added that it was an “important financing partner for the energy transition in Germany and a contributor to net zero emissions.” German power companies RWE and Uniper have also struck U.S.
In part two of a series looking at Icelandic clean energy innovation, BusinessGreen explores mooted plans to turn emissions produced by plants across Europe into Iceland's bedrock.
acquisition is the largest single carbon-management investment since the passage of the IRA and has implications for the carbon capture, utilization, and storage ecosystem. Regulators miss another deadline on deep-sea mining rules, and the US is digging into the carbon removal benefits of regenerative agriculture.
Clean Energy Trust’s cleantech roundup highlights interesting cleantech news and perspective, across industry, technology, policy, and investing Top Topics Large oil and gas and utility companies are making net-zero pledges , as they look to get ahead of consumer and regulatory trends.
And most importantly, this is the right deal for Europe, right now.". Michel conceded negotiations had been difficult, but was quick to hail the resulting recovery package - known as the Next Generation EU fund - and 2021-27 long-term budget agreement as a "pivotal moment in Europe's journey" that would "also launch us into the future". "In
Green business figures, politicians, environmental groups, economists and more react to leading climate experts' assessment of the solutions needed to deliver net zero. Here, BusinessGreen rounds up all the top reaction from business figures, politicians, campaigners, economists and more. Simply put, they are lying.
According to Livestock’s Long Shadow , a United Nations report, world meat consumption has the highest negative impact on the climate. From a historical perspective however, warning about the negative effects of our food consumption are commonplace. Food is basically a combination of energy, water and nutrients. Literally.
Business interest in plant-based food is growing, but many consumers are still in the dark over the environmental sustainability of their eating habits. The British market for plant-based food is already one of the largest in Europe, with some estimates expecting meat-free sales to exceed £1.1bn in 2024, up from £582m in 2014.
Last year, the company announced two major initiatives: Carbon renewal technology , or CRT, which breaks down waste plastic feedstocks to the molecular level before using them as building blocks to produce a wide range of materials and packaging. We knew that the circular economy and being a lot more efficient with carbon was a good idea.".
These 20 C-suite executives have steered their companies forward through much disruption, providing inspiration for the possibilities of advancing sustainability, social responsibility and circular business models — sometimes all at once. In 2014, the electrical engineer and MBA became the first woman to lead a U.S.
What role do metals exchanges have in driving a sustainable transition to a low-carbon economy? Specialising in metal futures and options, the LME also operates a global warehouse network of more than 600 storage facilities, and boasts the distinction of being the last physical trading floor in Europe.
Multi-year initiative seeks carbon-to-value startups and welcomes first Carbontech Leadership Council members. The C2V Initiative is supported by the New York State Energy Research and Development Authority ( NYSERDA ) and the Consulate General of Canada in New York. New York City, N.Y., and Somerville, Mass., Gore & Associates.
Climate tech companies that attracted substantial funding for their innovations in 2021 and 2022 are now reaching important proof points on the journey to commercial scale. ⚡ Fervo Energy shared successful results from a 30-day flow test of its enhanced geothermal system at its pilot site in Nevada.
degrees Celsius warmer than the pre-industrial average, due to the vast amounts of heat-trapping carbon dioxide that humans have added to the atmosphere by burning fossil fuels. After the Tambora volcano in Indonesia erupted in 1815, parts of Europe and North America saw a “year without summer.” degree Celsius (0.9
As usual, it was another year of ups and downs for sustainable business. Two steps forward, one step back: the sustainable business cha-cha, as I've long described it. Overall, it was more positives than negatives. The job boom crosses sectors, from finance and private equity to clean energy and biodiversity.
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