Search Results for "energy costs"
The UN’s ‘first-ever’ sustainability week: What (if anything) was announced?
…energy efficiency and sector decarbonisation. Day five: The decade of sustainable energy Bringing the week to a close, the final discourse was set around the need for collaboration between governments,…
British homes and businesses to be paid for ‘flexing’ energy use again this winter
…money will be paid to energy suppliers, who can opt to pass them on to customers in the form of either “pounds, points or prizes”. Energy suppliers that have already…
THREE TIPS TO SUPERCHARGE YOUR BUSINESS ELECTRICITY PROCUREMENT STRATEGY
…and energy profiles, and thinking ahead. At Bryt Energy, we understand that for businesses who are already facing more immediate challenges, this may feel daunting. But we believe that implementing a…
UN warns of $10trn annual costs from unsustainable food systems
…affected, with costs representing more than 25% of their GDP. This is in comparison to costs eating into an average of 12% of GDP in middle-income countries and 8% in…
Solar farm restrictions would add £5bn to British energy bills, MPs warned
That is according to the Energy and Climate Intelligence Unit (ECIU), which is cautioning policymakers around the addition of new restrictions on larger solar arrays through the Energy Bill that…
IEA: Solar and storage manufacturing boom to push world toward net-zero
Existing and planned manufacturing projects for clean energy technologies including solar and energy storage are outpacing the required levels to meet net-zero emissions by 2050, but other technologies will need…
Barclays to end direct finance for oil and gas expansion
…to immediately cease providing new project finance and all other kinds of direct finance for upstream oil and gas projects and related infrastructure. “In the International Energy Agency’s Net-Zero Energy…
Report: Global wind industry growth hit record high in 2023
This is according to the Global Wind Energy Council (GWEC)’s global wind report 2024, which analyses the growth of wind energy worldwide. According to the report, year-on-year expansion was observed…
Verizon joins RE100, pledges to source 100% renewable energy by 2030
…to source renewable energy equivalent to 100% of its annual electricity usage by 2030. Verizon’s chief sustainability officer James Gowen said: “As a core part of our business, Verizon looks…
Report: UK lacks investment plan for clean energy transition
…the energy sector. As per an Energy UK report published last month, among the top eight global economies, the UK is projected to experience the slowest expansion in low-carbon electricity…
COP28: Final deal struck without objections, but no fossil fuel phase-out or phase-down
…a line “recognising that transitional duels can play a role in facilitating the energy transition while maintaining energy security”. Climate diplomacy expert Ed King has said this is likely to…
From renewable hydrogen to climate adaptation: Seven green innovation trends to watch in 2024
…a pledge to triple global renewable energy capacity by 2030. This will require the addition of 11 terawatts of renewable energy capacity by the end of the decade. Fortunately, renewable…
Apple ramps up global investment for clean energy and water conservation
…resulting in 16.5GW of renewable energy online in Apple’s supply chain. In China, Apple has connected its suppliers to renewable sources through the China Clean Energy Fund, resulting in more…
Report: Wasted wind power costing Britain £1.5bn
New research, published on Thursday (15 June) by financial think tank Carbon Tracker found that unresolved bottlenecks to do with electricity grid upgrades could add to household energy bills. The…
Shell reduces renewable energy pipeline, raises shareholder payouts
…passion for accelerating the energy transition. Shell competitor BP has also scaled back its energy transition commitments. This time last year, it stated that it is no longer likely to…
Solar microgrids for Africa and Decathlon’s bike buy-back scheme: The sustainability success stories of the week
…this week. ENERGY: Major community renewables drive launched for sub-Saharan Africa The world added 50% more renewable energy generation capacity in 2023 than in 2022, according to the International Energy…
Study: Energy price crisis cost UK billions due to over-reliance on imported gas
…spent some £75bn more on gas during the energy price crisis – costs which could have largely been avoided through enhanced energy efficiency efforts and scaling domestic clean energy production….
Where are they now? Catching up with edie’s first 30 Under 30 class of sustainability pioneers
…hospitality space, in Hilton’s energy and compliance function. In 2019, she was an energy and compliance manager for the UK and soon received a promotion to a more senior role…
UK considers withdrawal from ‘outdated’ international energy treaty
The UK is considering withdrawal from the Energy Charter Treaty, on the grounds that Ministers believe major updates are needed to accelerate the transition to clean, modern energy systems….
Businesses in high-carbon sectors still expect to rely on fossil fuels after 2050
…the energy transition. The report outlining the survey findings gives several examples of major energy-related policy interventions from the past two years, including the US’s Inflation Reduction Act and EU’s…
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