Home Tag "Net Zero"

Already the World’s Leading Market, UK Doubles Support for Offshore Wind

U.K. expands renewable auctions, releases funds for the offshore wind supply chain and sets a new floating wind target. U.K. Prime Minister Boris Johnson has offered a huge boost to the country’s offshore wind sector as it looks to double-down on its status as the world’s leading market. The nation’s next round of contracts for […]

UK to double renewables capacity eligible for next subsidy auctions

WoodMac: Energy Sector Faces ‘Darwinian Challenge’ to Tame Climate Change

The world is on course for 2.8 to 3 degrees Celsius of warming as existing infrastructure weighs heavy and COVID-19 slows progress. The world is on course to sail past the recognized “safe” level of 2 degrees Celsius of warming to as much as 3 degrees Celsius, according to the latest Wood Mackenzie Energy Transition […]

Ferrovie Nord Milano to receive hydrogen fuel cell trains from Alstom

EU’s New 2030 Climate Target Signals Accelerated Renewable Deployment

An increase from 40 percent to 55 percent emissions reduction by 2030 puts the renewables sector on notice for a ramp-up in demand. The EU will increase its 2030 emission reduction target to “at least 55 percent” up from 40 percent, Ursula von der Leyen, president of the European Commission, confirmed Wednesday. The change will […]

Spain’s Repsol cuts dividend as ramps up renewables

Shell’s Carbon Offset Business Makes Its First Acquisition

  Shell will acquire Australia’s Select Carbon, a “carbon farming” specialist, as the oil giant begins shaping a crucial pillar of its net-zero plans. Shell’s new Nature-Based Solutions business has made its first acquisition, with the Anglo-Dutch oil major announcing Monday that it will buy Australia’s Select Carbon. Shell has a net-zero ambition for 2050 […]

Ferrovie Nord Milano to receive hydrogen fuel cell trains from Alstom

Moonshot Moment: Europe Announces Green Deal

Among the European Commission’s plans is a carbon border, ensuring companies cannot evade carbon taxes by outsourcing their emissions. New European Commission President Ursula von der Leyen unveiled Europe’s Green Deal on Wednesday, a package of 50 far-reaching policy ideas that are still missing many key details, calling it a “man on the moon moment” […]

Spain’s Repsol cuts dividend as ramps up renewables

Battery safety: UK net zero success could depend on 20 million ‘mini power stations’

The UK will need 20 million ‘mini power stations’ to reach its net zero energy goals, with the need to create a policy framework for technologies like solar PV and energy storage an immediate priority, a group convened in Britain’s parliament this week heard. While other rooms at Portcullis House, Westminster, were given over to […]

3 reasons why batteries will power our future trucks, not hydrogen fuel cells

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