Renewable Heat Incentive (RHI)

DEFINITION: A UK Government programme that provides financial incentives for suppliers of renewable heat. The scheme provides a 20-year subsidy to eligible, non-domestic renewable heat generators and producers of biomethane for injection based in Great Britain.

See also: Renewable energy

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IEA: 2021 set to be a record year for new renewable energy capacity

By the end of the year, a record 290GW of renewable energy generation capacity will have come online, according to the International Energy Agency (IEA). Nonetheless, progress will need to accelerate to deliver a net-zero world.

Plans are currently misaligned with net-zero by 2050 and the concept of levelling up, the Barometer shows

Report: Yorkshire, Wales, among UK regions in urgent need of more green jobs

The UK Government's plans will not be enough to deliver its vision of two million jobs by 2030 overall, and also risk backwards steps on the levelling up piece, PwC is warning.

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BP plans 500MW green hydrogen plant in UK

Energy giant BP has announced plans to co-locate a new 500MW green hydrogen facility with its blue hydrogen facility, proposed for Teesside.

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Now available to watch on-demand: edie's online Net-Zero Carbon Inspiration Sessions

Sustainability specialists from Pukka Herbs, Virgin Media O2, Costain and the Zero Carbon Forum took part in edie's digital Net-Zero Carbon Inspiration Sessions last week. These free sessions are now available to watch on-demand. 

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Vodafone to trial phone masts with inbuilt wind turbines

Telecoms giant Vodafone will start trialling self-powered mobile masts later this year, as it works to achieve net-zero for its UK operations by 2027.

The next German government will enact major changes in the country's energy mix, focussing on fossil gas, hydrogen and solar energy

New German coalition aims for 80% renewable power by 2030

The new German coalition has announced big plans to accelerate the energy transition, aiming to "ideally" exit coal by 2030, quadruple solar PV installations on all rooftops and push renewable energy capacity to 80% of the country's electricity mix by 2030.

Other UK suppliers to have gone bust this year include Pure Planet, Avro Energy and People's Energy. Image: Bulb

Green energy supplier Bulb enters administration as energy price crisis rumbles on

Bulb Energy has today (22 November) entered into administration amid skyrocketing international energy prices. It is, by far, the largest UK supplier to have collapsed due to the crisis.

The BESS installation has been supported by a £5m grant from the Department for Business, Energy and Industrial Strategy

Cranfield University to install energy storage units using second-life EV batteries

Cranfield University will introduce three battery storage units at its Bedfordshire campus early next year, in a move that will enable the university to store and use renewable energy from a co-located solar farm.

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SSE outlines £12.5bn net-zero investment plan through to 2026

Energy giant SSE has unveiled a £12.5bn capital investment plan for decarbonisation through to 2026, representing a 65% increase in spending on the low-carbon transition on current levels.

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BNEF: Global battery storage capacity to grow 20 times over by 2030

Bloomberg NEF (BNEF) has released new battery energy storage forecasts, predicting a twenty-fold increase in grid-scale and domestic-scale battery capacity by the end of this decade that would push capacity beyond 1TWh.

Businesses had a key role at COP26, a role that is even more important now. Image: UNClimateChange

Glasgow Climate Pact: How can businesses keep 1.5C alive?

The UK Government wanted COP26 to keep the 1.5C trajectory of the Paris Agreement "alive" and the verdict is that it has, but just barely. But with some nations set to renegade on mechanisms included in COP26's Glasgow Climate Pact, it is clear that businesses need to become a unified driver of the net-zero movement.

Pictured: The 400MW Rampion Wind Farm in Sussex

RWE unveils plans for €50bn renewable energy investment this decade

RWE has set a target to double its renewable energy generation capacity to 50GW by the end of the decade and pledged to invest €50bn to achieve this expansion.

The hydrogen will help to decarbonise heavy vehicles at the Port and, in time, across the South East. Image: Shoreham Port

Major green hydrogen facility planned for West Sussex

Another major green hydrogen production project for the UK is progressing, with the Port of Shoreham in West Sussex having granted H2 Green permission to develop a renewable energy hub.

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The first week of COP26: The 10 biggest stories

It's half-time on the two-week push to move the world towards the 1.5C ambition of the Paris Agreement, with negotiations set to continue following a rest day on Sunday (7 November). Here, edie summarises all the key development from the first week of COP26.

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Long Duration Energy Storage Council: Companies join forces, targeting $3trn of investment in sector by 2040

BP, Siemens Energy and Bill Gates' Breakthrough Energy Ventures are among 25 organisations to have co-launched a new collaboration on long-duration energy storage technologies, which could play a key role in ensuring reliable energy as the transition to clean grids continues.

Pictured: COP26 President Alok Sharma on stage today (4 November). Image: Greg Hands MP, BEIS Minister

Powering Past Coal and upping energy efficiency: 7 things you need to know from Energy Day at COP26

Following on from Finance Day here at COP26 was Energy Day, on which international agreements were reached on coal and just transition principles. Here, edie rounds up seven key headlines from the day.

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Centrica has published its net-zero transition plan today (4 November), and will update it at least once every three years

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World Leaders are continuing to give opening speeches, but financial announcements are being made and coalitions launched at a pace

Clean energy at COP26: Philanthropists and investors launch $100bn alliance as UK and India collaborate on green grids

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Image: BMW Group

BMW inks deal for fossil-free steel manufactured using hydrogen and renewables

BMW Group has announced plans to begin sourcing steel produced using fossil-fuel-free methods from 2025, claiming that the material produces up to 95% less emissions on a lifecycle basis.

The strategy collects all previous climate commitments as well as building on them

At a glance: All the key announcements in the Net-Zero Strategy

The UK Government has finally published its Net-Zero Strategy, a comprehensive run-through of how the nation will decarbonise in a way that "transforms every sector of the global economy", although some green groups don't believe the steps outlined in the Strategy can mobilise action to deliver net-zero by 2050.

The facility will include battery storage and a hydrogen refuelling station for Heavy Goods Vehicles (HGVs) and forklift trucks

Budweiser to deliver carbon-neutral brewery through green hydrogen deal

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Pictured: Ineos' operations in Rafnes, Norway

Green hydrogen investment boon: RES and Octopus pledge £3bn in UK, Ineos €2bn in EU

Ineos has announced that it will invest €2bn (£1.7bn) in green hydrogen production in Europe this decade, while Octopus has partnered with developer RES to funnel £3bn into production within the same timeframe.

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National Grid expands use of innovative tech unlocking more capacity for renewables

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Green hydrogen facility planned for oil terminal in Orkney

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UK's clean energy investment ranking drops amid Covid-19 funding crunch

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Meeting the target will require a major shift in the UK's electricity mix, in which unabated gas currently plays a key role

UK Government firms up 100% clean electricity target for 2035

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KPMG to invest $1.5bn on global ESG solutions

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Orkney flexibility trials deliver 24,000 peer-to-peer trades

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Since 2015, the company has reduced its value chain emissions by more than 7%, despite growing the business

Mars targets net-zero value chain by 2050

Mars Incorporated has committed to reaching net-zero greenhouse gas emissions across its full value chain by 2050, building on an existing commitment to reach net-zero across operations by 2040.

The Conservative Party conference is expected to host several major announcements on green policy 

UK Government eyeing 100% clean energy grid by 2035, Boris Johnson confirms

UK Prime Minister Boris Johnson has stated that the Government intends to develop plans for shifting all electricity generation to clean sources by 2035.

Blended hydrogen and gas projects already in the pipeline were excluded from the ban

Lawmakers ban fossil gas from EU energy infrastructure funding, with some exceptions

Lawmakers in the European Parliament have voted to remove support for fossil gas in EU funding rules for cross-border energy infrastructure known as the TEN-E regulation.

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General Motors set to hit 100% renewable energy milestone in the US five years earlier than planned

Automotive giant General Motors (GM) has pushed a commitment to source 100% renewable energy for its US operations forward from 2030 to 2025.

Diageo unveiled a new commitment to reach net-zero emissions by 2030

Diageo opens its first carbon-neutral distillery in Kentucky

Brewing giant Diageo has opened its first carbon-neutral distillery, located in Kentucky, that will use renewables and virtual metering technology to avoid the emissions equivalent to around 25,000 vehicles, as it builds towards its net-zero ambition for 2030.

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Big businesses push UK Government to phase-out gas power by 2035, as energy price crisis continues

Businesses including BT, the Co-op and Nestle have written to the UK Government, arguing the case for a ban on gas-fired electricity generation by 2035.

Within the past six weeks, wholesale prices in the UK have risen by 70% 

UK urged to set end-date for gas-fired electricity as wholesale energy prices skyrocket

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Pictured: Berwick Bank Project Director Alex Meredith

SSE to combine projects to create 4.1GW offshore wind farm in Scotland

SSE Renewables has announced plans to merge two proposed offshore windfarms in a move that would create enough clean power to provide for all of Scotland's households twice over.

The Climate Action Plan details how replacing raw materials, embracing the circular economy and reducing carbon through better water usage will all assist with the wider net-zero goal

Plans before pledges: How P&G has evolved its climate strategy to target a net-zero value chain by 2040

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Construction of the base is scheduled for later this year, with completion set for late 2022

Dogger Bank: World's largest windfarm's operations base to be net-zero carbon

The Dogger Bank Wind Farm, off the North East coast of England, will have its new operations and maintenance (O&M) base constructed and operated under recognised standards for net-zero buildings.

The £265m earmarked for the next auction is the biggest yet, according to the Government

Government ringfences £265m for next Contracts for Difference auction

The UK Government has today (13 September) confirmed that up to £265m will be funnelled into the next Contracts for Difference (CfD) auction round, a record amount of money aimed at spurring uptake in clean energy deployment including offshore wind, solar and tidal technologies.

To help deliver the goal of carbon neutrality, Hitachi will invest around €10bn over a three-year period

Hitachi targets carbon-neutral value chain by 2050

Hitachi, one of the Principal Partners to the COP26 conference, has revised its sustainability targets with a new plan to achieve carbon neutrality across its entire value chain by 2050.

Cisco targets net-zero by 2040, Illumina by 2050

Tech giant Cisco has pledged to reach net-zero emissions for operations by 2025 and the supply chain by 2040, while healthcare research and solutions firm Illumina has set a 2050 target.

London's new 'bike library' and a milestone for US renewables: The sustainability success stories of the week

As part of our Mission Possible campaign, edie brings you this weekly round-up of five of the best sustainability success stories of the week from across the globe.

Pictured: The 400MW Rampion Offshore Wind Farm, off the coast of Sussex

How will the offshore wind sector's expansion affect biodiversity? UK Government launches major research drive

A four-year research programme assessing the potential impact that the UK's offshore wind sector will have on marine ecosystems as it grows has been launched.

Stagecoach has already invested £1bn on 7,000 low-carbon vehicles over the last 10 years

Stagecoach calls for transport policy overhaul as part of carbon-neutral roadmap

Transport group Stagecoach has unveiled a new roadmap to becoming a carbon-neutral business by 2050, while also calling for the UK Government to fix "contradictory policies" associated with the transport sector and the need to reach net-zero emissions.

Earlier this year the brewer revealed that it had achieved 100% renewable electricity for its beverage production activities in the US

Anheuser-Busch to install US's largest solar project for a brewery

The US's largest brewer Anheuser-Busch has announced a $64m investment at its Los Angeles brewery that will see the largest onsite solar installation of any US brewery, with solar power set to generate more than 10% of the site's total electricity use.

To help deliver against the new commitments, Mode, which launched in 2020, has set up an internal sustainability committee 

Mode Global targets net-zero from cryptocurrency operations by 2030

Fintech major Mode Global Holdings has committed to achieving net-zero emissions from its cryptocurrency operations by the end of the decade, outlining plans to ensure they are powered by renewable electricity.

Pictured: A solar project in Mallorca

Report: Clean electricity accounted for record two-thirds of EU's generation mix for first half of 2021

Renewables and nuclear power accounted for a record 66% of electricity production across the EU during the first half of 2021, with clean energy proving far more resilient to the pandemic than fossil fuels.

Renewable energy and green offices have accounted for 72% of the bond proceed spending to date

Google owner outlines how it is spending proceeds from world's largest corporate sustainability bond

August 2020 saw Google's parent company Alphabet Inc issuing what it claimed was the largest corporate sustainability bond in history. It has now revealed how it has spent 61% of the $5.75bn (£4.4bn) proceeds.

Some nine million UK homes are now using a 'green' electricity tariff, by Government estimates

Government plans crackdown on greenwashing claims from energy providers

The UK Government has outlined plans to review how energy firms use the environmental credentials of their tariffs to market them, amid concerns that some providers are overstating the green benefits.

Part of the funding has been provided by the Government’s £160m Offshore Wind Manufacturing Investment Support Scheme

Humber region to benefit from £260m offshore wind investment

More than £260m has been granted in Government funding to develop next generation wind turbines in the Humber region, in a move that will support the UK's net-zero vision while creating and safeguarding more than 1,000 green jobs.

Image: Newcastle International Airport 

Newcastle International Airport unveils plans for solar farm as part of net-zero vision

Newcastle International Airport has launched a consultation on plans for an onsite solar farm, after stating its intention to achieve net-zero operational emissions by 2035.

Sky Kids' climate show and record renewable energy investment: The sustainability success stories of the week

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Pictured: Ruth Edwards MP visiting the Ratcliffe-on-Soar power station in 2020. Image: Uniper

UK's last coal-fired power plant to close in September 2024

Uniper has announced plans to end generation at its coal-fired Ratcliffe-on-Soar power plant in September 2024, a month before the UK Government's legal requirement to do so.

Each company is progressing towards ambitious climate targets

Mars, Diageo and Dropbox unveil major renewables milestones

Mars, Diageo and Dropbox have all unveiled plans to add more renewables to their electricity mix, with Diageo planning for an onsite solar farm in Scotland.

A decline in wind investments was offset by offerings from renewable energy firms

Renewable energy investments reach new heights for first half of 2021

Investment into clean energy projects and companies swelled to $174bn in the first half of 2021, with record levels of public market financing offsetting a decline in renewable project investments.

Since 2000, the world’s coal-fired power capacity has doubled, with growth in China and other Asian nations accounting for the bulk of the expansion

Finance giants 'drawing up plans to accelerate coal plant closures in Asia'

Financial firms including Prudential, BlackRock Real Assets, HSBC and Citi have reportedly signaled their support for a new proposal from the Asian Development Bank, designed to accelerate the transition away from coal-fired electricity.

The statistics cover contracted or tendered technologies such as renewables, storage and aggregator solutions

UK smashes annual grid flexibility record seven months into 2021

New statistics have revealed that 2021 has already broken a "network flexibility" record, with contracted smart energy solutions and grid flexibility up 45% compared to annual levels from 2020.

The company will work with the Science Based Targets initiative (SBTi) to validate efforts to reach net-zero emissions

ArcelorMittal eyes $10bn investment to reduce emissions by 2030

Steel manufacturing giant ArcelorMittal has announced plans to reduce carbon emissions by 25% by 2030 as part of a wider net-zero ambition for 2050, with the new target set to be back by a $10bn investment into low-carbon and circular solutions.

The integration of renewables has contributed to a 22.7% reduction in Scope 1 & 2 emissions against a 2018 baseline

Sky powered by 100% renewables globally

Broadcaster Sky is now powered by 100% renewable electricity across its entire operations, meeting a commitment to the RE100 initiative and building towards its net-zero target for 2030.

Renewables were affected by supply chain shocks and decreased investment, but growth as a proportion of the energy mix outpaced fossil fuels year-on-year for the first time

UK's fossil fuel generation reached a record low in 2020, as renewables reached new heights

The UK Government has released new data on energy generation and consumption during 2020, revealing that fossil fuel generation plummeted to new lows as demand dipped due to Covid-19 restrictions affecting the transport sector.

Reaching the EU’s 2030 climate goal will require a significant build-up in the production of renewable electricity, which is needed to feed the electrolysers generating green hydrogen

EU's green hydrogen plans hailed as 'true game-changer' by industry

The European Commission boosted regulatory support for green hydrogen in its proposed overhaul of climate legislation published last week, with the renewable hydrogen coalition calling it "a true game changer" for the nascent EU industry.

Last month, the company revealed that it reduced greenhouse gas emissions by 16% over the last year, as it builds towards a net-zero carbon goal set for 2040

Asda to move entire company car fleet to EVs by 2025

Asda has confirmed it will move its entire company car fleet of 600 vehicles to electric by 2025, a move that will save more than 2,000 tonnes of carbon emissions on the road to net-zero.

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How the world can reach net-zero emissions by 2050, according to BloombergNEF

BloombergNEF has published its latest New Energy Outlook report, examining three progress pathways to reach net-zero globally by 2050. Here, edie summaries what will need to change to deliver this low-carbon trajectory.

Anglian Water will also develop an offsetting strategy for residual emissions by planting 50 hectares of woodland on its sites

Onsite renewables and EVs: Anglian Water outlines net-zero routemap for 2030

Anglian Water has published a detailed routemap outlining how onsite renewables, electric vehicles (EVs), hydrogen and biogas production will deliver its ambition to reach net-zero by 2030.

Low-carbon recovery spending has been insufficient in almost all nations but moreso in the Global South, the IEA has stated

IEA: Global emissions to reach record high by 2023, with governments breaking green recovery promises

Just 2% of the Covid-19 stimulus funding promised by nations has been spent on clean energy, meaning that global emissions are likely to hit a record high in 2023 and continue rising thereafter.

ScottishPower and Shell claim it would be the “world’s first large-scale” system for the technology

ScottishPower and Shell bid to develop large-scale floating windfarms in UK

ScottishPower and Shell have submitted a joint bid to develop large-scale floating offshore windfarm systems in the northeast of Scotland, with a decision expected to be made next year.

Both businesses are aiming for net-zero by 2040 at the latest

Inditex and Elsevier commit to net-zero emissions by 2040

Clothing giant Inditex and research publishing firm Elsevier are the latest corporates to have updated their corporate strategies, setting ambitions to reach net-zero emissions by 2040 at the latest.

Maclean and Wayth will be delivering our morning keynote speeches at the event

Taking place TODAY: edie's Clean Energy & Transport Forum

edie's new Clean Energy & Transport forum, is taking place today (15 July) with a fantastic line-up of keynote speakers including the Department for Transport's Parliamentary Under-Secretary of State Rachel Maclean.

Pictured: Solar panels being installed on a farm in India

Report: Global demand for fossil-fuel-fired electricity has peaked

After demand for fossil fuels for electricity generation peaked across developed markets in 2007, it has now peaked across developing markets as well, according to a new report.

Under the most ambitious scenario, the UK would reach net-zero by 2047

2TWh of hydrogen and 37 million EVs: How can the UK reach net-zero emissions?

The National Grid Electricity System Operator (ESO)'s latest Future Energy Scenarios (FES) report has outlined four potential scenarios for decarbonisation in the UK, three of which would see the UK reach net-zero emissions by 2050. Here, edie outlines what is required to meet the legally binding target.

The CFP is aiming to generate at least $500m

BlackRock secures $250m for climate projects in developing countries

The world's largest investor BlackRock has secured more than $250m from global investors and governments to support clean energy uptake and climate infrastructure across countries in Asia, Latin America and Africa.

Image: Orsted

Pay communities to host offshore wind farms, Leadsom and Rudd urge UK Government

Former Energy Secretaries Dame Andrea Leadsom and Amber Rudd are warning Ministers that plans to dramatically scale up offshore wind across the UK could incite backlash from local communities.

Image: Porsche

Hyundai joins RE100 as Porsche urges suppliers to source 100% renewable electricity

Hyundai Motor Group's five largest affiliate brands are applying to the Climate Group's RE100 scheme this month, the business has revealed, shortly after Porsche unveiled new measures to help suppliers procure renewable electricity.

Around 135,000 jobs would be created in the North, Midlands and East England, with a further 57,000 jobs set to be created in Scotland

UK's clean energy pipeline on course to unlock 625,000 green jobs

The UK's focus on decarbonisation and clean energy looks set to unlock 625,000 jobs, equivalent to 90% of jobs lost to the coronavirus pandemic, according to new research.

Both draft business plans are subject to final approval from regulator Ofgem

Net-zero energy transition: UK Power Networks and Northern Powergrid outline £7.7bn investment plans

Electricity distributors UK Power Networks and Northern Powergrid have outlined business plans backed by £4.5bn and £3.2bn of spending respectively, both with a heavy focus on low-carbon generation and technologies.

Amazon's overarching emissions goal is net-zero by 2040

Amazon's carbon footprint grew 19% in 2020 amid pandemic parcel boom

Amazon has revealed that its absolute global carbon emissions rose 19% year-on-year in 2020, largely due to increased demand for online shopping as lockdown restrictions forced physical stores to close.

The gigafactory looks set to provide batteries to power up to 100,000 Nissan EVs annually

Nissan unveils plans for £1bn electric vehicle hub and battery gigafactory in Sunderland

Nissan looks set to transform its flagship Sunderland manufacturing facility into a £1bn electric vehicle (EV) hub that will feature a 9GWh battery production gigafactory - the first of its kind in the UK.

Pictured: Drax's power station in North Yorkshire, where two coal units will close later this year. Image: Drax/ A.Chadwick

UK's coal-fired electricity ban officially brought forward to 2024

From 1 October 2024 - one year earlier than originally planned - coal-fired electricity generation will be banned in the UK.

Tasmania's 200% renewables goal and Toast Ale's B-Corp recertification: The sustainability success stories of the week

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The retailer has committed to moving its entire heavy goods vehicle (HGV) fleet from diesel to gas by 2024

Asda reduces emissions by 16% over 12-month period

Supermarket giant Asda has reduced greenhouse gas emissions by 16% over the last year, as it builds towards a net-zero carbon goal set for 2040.

RE100 members have created a demand for 334TWh of renewable electricity

Business demand for renewables greater than that of UK's total power usage

Businesses that have made public commitments to procure 100% renewable energy have created a combined demand that is bigger than the national requirements from the likes of the UK and Italy, with separate research showing that two-thirds of renewables globally are cheaper than fossil fuels.

Image: Facebook

Facebook achieves net-zero operations, 100% renewable electricity

Facebook has revealed that it achieved net-zero operational emissions in 2020, after eliminating the majority of its greenhouse gas (GHG) footprint and investing in carbon removal projects.

Trebling solar capacity would see carbon emissions fall by 21.2 million tonnes annually, equating to 4.7% of the UK’s emissions in 2019

UK set to double solar capacity by 2030, but more required to help reach net-zero

The UK is on course to double its solar capacity by 2030, but will need to treble it if the nation is to meet its net-zero target for 2050, with Solar Energy UK calling for overhauls to policy to spur the national market.

Policy loopholes need to be closed urgently to shift the world in favour of low-carbon energy at a pace needed to deliver net-zero, REN21 is warning

Report: Global fossil fuel use not yet in decline, despite renewable energy pledges

Fossil fuels accounted for some 80% of global final energy consumption in 2019, the same share of the energy mix as a decade ago, a major new report has revealed.

The two businesses join forces with the hundreds of other companies signed up to each initiative 

Polestar and Google to halve emissions and join Race to Zero campaign

Swedish electric vehicle (EV) manufacturer Polestar and technology giant Google are the latest firms that have agreed to halve emissions by 2030 as part of a wider effort to deliver net-zero value chains, by joining the UN's Race to Zero campaign and the Exponential Roadmap Initiative.

#SustyTalk: Budweiser Brewing Group's Mauricio Coindreau on renewable energy procurement

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Ikea states that achieving 100% renewable electricity through suppliers in Poland, China and India will save 670,000 tonnes of carbon emissions annually

Ikea launches renewables programme for direct suppliers

Ikea has unveiled a new programme that will ensure that all of its direct suppliers are powered by 100% renewable electricity, as the retailer pushes towards its commitment to become 'climate positive' by 2030 by reducing more emissions than the value chain emits.

Pictured: Solar panels being installed on a farm in India

IEA: To reach net-zero, renewable energy investment in developing nations must increase sevenfold

Some $150bn was invested in clean energy in developing economies last year, according to new International Energy Agency (IEA) analysis. But the Agency believes this figure must hit $1trn by 2030 to deliver a net-zero world.

If the same pace of investment is maintained, peak oil will happen “around 2030,” according to CMS Research

Study: World set to hit 'peak oil' by 2030 as energy majors shift to renewables

The world's largest oil and gas companies increased investment in clean energy by 34% in 2020, despite a 6% fall in global energy demand caused by the coronavirus pandemic, according to new research.

AB InBev is aiming to reduce value chain emissions by 25% by 2025

AB InBev cuts emissions through new lightweight beer bottle design

The world's largest brewer, Anheuser-Busch InBev (AB InBev), has unveiled new lightweight beer bottles that have a reduced carbon footprint of 17% compared to its other bottle types, with plans in place to roll them out across Europe.

Pictured: Staff at the new solar farm in Texas, which took almost two years to complete. Image: Anheuser-Busch

Anheuser-Busch meets 100% renewable energy goal four years early

Beer giant Anheuser-Busch has achieved 100% renewable electricity for its beverage production activities in the US - a goal originally set for 2025.

Global average solar installation costs are likely to be down 10% year-on-year, according to the IEA

IEA: Renewables set to attract 70% of global energy investment in 2021

Global energy investment is likely to rebound to pre-pandemic levels this year, with most finance going towards renewables - but, ultimately, the new generation capacity financed will not be compatible with long-term climate goals.

HSBC must now publish a plan outlining its new phase-out policy

Shareholders pass vote for HSBC to phase-out global coal financing by 2040

Shareholders of HSBC have today passed a proposed management resolution that commits the bank to phase-out financing for the coal industry by 2040 worldwide, following successful campaigning from investors.

Image: SSE 

£2bn for net-zero: SSE outlines bumper low-carbon spending plans for this financial year

Utility major SSE has unveiled plans to invest £2bn in low-carbon projects and supporting infrastructure this financial year, after posting a rise in profits led by renewable energy.