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Smart grids vital to green energy drive

Smart Energy International

The global energy landscape is on the cusp of transformational changes as the migration to clean power gathers pace. With world leaders about to gather in Dubai, United Arab Emirates for the COP 28 climate summit, the transition to green energy will be one of the key topics on the agenda.

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End of new coal power 'within sight' worldwide, report claims

Business Green

Analysis by E3G and Global Energy Monitor calculates pipeline for pre-construction coal plants has plummeted 76 per cent since 2015. Moreover, it claims a further 16 countries only have one new coal power plant each in development, putting them just "one project away from a future without coal".

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? Alterra’s $30B bridge for climate financing #176

Climate Tech VC

The first few days of COP have ushered in a wave of major announcements and funding pledges. In deals, major funding includes $116M for hydrogen-powered aviation, $44M for sustainability software, and $75M in project finance investment for SAFs. Happy Monday!    And happy COPing to those on the ground in Dubai!

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'Half measures won't halve emissions': The green economy reacts to IPCC's climate solutions report

Business Green

"They are choking our planet, based on their vested interests and historic investments in fossil fuels, when cheaper, renewable solutions provide green jobs, energy security, and greater price stability. But the truly dangerous radicals are the countries that are increasing the production of fossil fuels.

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Net Zero: Green groups urge UK 'to get its house in order' ahead of COP26

Business Green

Arguing that "the time is now" for the UK to be a global climate leader, it calls for immediate policy action to ensure that by 2030 all homes are highly energy efficient, petrol and diesel car sales are phased out, wind and solar generation triples, and 10 million heat pumps are installed in homes.

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? The BFD with BYD #169

Climate Tech VC

The electric competition is head and shoulders above the legacy automakers and scrappy startups racing to turn EV strategies into production and deliveries, and the trends of Tesla in the US and BYD in China illustrate some of the larger geopolitical tensions in the EV supply chain. BYD also has solar operations. Thanks for reading!

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? Nuclear’s day in the sun #177

Climate Tech VC

Do the next best thing and read our COP reflections.  The pledge also calls on international banks to include nuclear in energy lending policies to help finance project-killing infrastructure expenditures. Nuclear is having its moment in the sun. Post-Fukushima, the country pledged to phase out all atomic power.