Search Results for "energy costs"
Clean energy sector boosted global economy by $320bn in 2023
…energy manufacturing, in addition to increased sales of EVs, which further augmented this growth trajectory. Clean energy growth across Asia China, with its bold clean energy goals, saw clean energy…
Navigating net-zero: Businesses to focus on smart tech and fleets to decarbonise in 2024
…technology can help to enhance energy efficiency measures and the survey found that 57% of businesses have implemented smart solutions, ranging from forecasting energy supply and demand to increasing the…
Report: Electric utility giants failing to keep 1.5C alive
…governments for clearer and more long-term support for the energy transition. More than half (56%) said rising costs and unfavourable economic conditions were the top challenges facing the clean energy…
What would the UK’s net-zero transition look like under Labour?
…publicly owned energy company, GB Energy, and promised to seek a site in Scotland for its headquarters. He floated an initial budget for GB Energy of £1bn per year. 60%…
Download new guide to driving carbon and cost efficiency in the NHS
…saving £15m in energy costs via our integrated energy saving solutions. Step 3: Convert your estate to support renewables The next step is to install on-site generation for fast and…
IEA reports boom in global green energy jobs
Today, (15 November), the International Energy Agency (IEA) released the second edition of its World Energy Employment report, mapping energy sector employment by region, fuel, technology and value chain. The…
Six green policy priorities for new Energy Security and Net-Zero Secretary Claire Coutinho
…Secretary to brush up on research regarding the costs of the UK’s net-zero transition – and the costs of inaction. The Climate Change Committee (CCC) has stated that the UK’s…
‘Another barren Budget for net-zero’: Green economy leaders react to Jeremy Hunt’s announcements
…homes and provide a jobs boost into the economy.” The Association for Decentralised Energy’s industrial energy policy officer, Oz Russell: “We commend the focus on connections reform in this budget…
‘Breakthrough’ or ‘fossil-fuelled failure’?: Green economy reacts to final COP28 agreement
…energy, doubling energy efficiency and financing loss and damage. It’s also important that we’ve now got a COP text that recognises multilevel action and the role subnational governments play on…
Global solar investments outpace oil and gas for first time
…to eclipse spending on fossil fuels for the first time. The IEA cites the global energy crisis as the primary driver for clean energy spending. Spending on upstream oil and…
Businesses call on G7 to unlock ‘scalable and affordable’ energy storage solutions
…fuels to achieve net zero in energy systems by 2050 at the latest. “Energy storage is a crucial piece of the energy system decarbonisation puzzle. The first companies and investors…
G20: Energy ministers fail to agree on renewables and fossil fuels ahead of COP28
…as key aims, including a doubling of energy efficiency improvement rates and a trebling of renewable energy capacity. The IEA recommends these milestones are met by 2030. While the energy…
UK urged to accelerate transition away from gas as Ofgem firms up new price cap
…towards reducing energy demand – how much energy people are using and when.” Energy Saving Trust is advocating for a nationwide retrofitting programme that encompasses all homes, coupled with financial…
Infighting over costs delays business energy efficiency tax breaks in Germany
…reduce their tax burden and reporting obligations while motivating them to invest in energy efficiency. In the draft, 15% of investments into the energy efficiency of production sites could be…
Electrification and energy flexibility ‘could save Europe €10.5bn a year by 2030’
…hydrogen, because using energy to manufacture hydrogen is in and of itself less efficient than simply using the energy in the first instance. The scenario assessed also involves maximising the…
Timeline: What’s included in the IEA’s new Net-Zero Roadmap for energy?
…into the system each year. The scenario it explores would save $12trn, cumulatively, in terms of energy system operating costs, by 2050. It would also ensure universal access to modern…
IEA warns that global energy efficiency efforts are lagging
…considerable increase in policies across nations representing a substantial portion of global energy demand. However, the report highlights that the global rate of improvement in energy intensity—a vital gauge of…
Apple charger recycling and low-carbon ports: The sustainability success stories of the week
…this week. ENERGY: ScottishPower opens scheme to help ease workers back into the energy sector Delivering the UK’s targets to significantly expand clean energy capacity will require an ever-growing base…
Now available on demand: edie’s webinar on optimising your energy data
…performance contracts. Christopher Toze, Energy Services Director, Direct Business Solutions Chris is an energy professional with >20 years’ experience in the sector having worked for Energy Suppliers, ESCO’s and Energy…
Ofgem given net-zero duty in government U-turn
The legal mandate is included within an amendment to the Energy Bill, which was published yesterday evening (6 June). The Department for Energy Security & Net Zero (DESNZ) has said…
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