Search Results for "energy crisis"
IEA: Africa accounts for just 2% of global clean energy investment
…has only increased amid the energy price crisis. Currently, the cost of capital for energy projects in African countries is at least twice as high as in China, per the…
Energy majors commit to £100bn of British investment, but climate questions remain
…convene senior executives from energy majors that will jointly announce plans to invest £100bn in energy in Britain. Investments will be made in oil and gas extraction; energy generation; distribution…
‘Morally obscene’: Rosebank oil field gets green light from regulators
…subject to volatile international fossil fuel markets. “True energy security will be delivered by an urgent transition to home grown, inexhaustible clean energy, accompanied alongside a large-scale energy efficiency programme….
Avoidable and botched: Green groups react to offshore wind omission in CfD auctions
…the accepted projects. Here, edie rounds up all the key reactions. Jess Ralston, Energy Analyst at the Energy and Climate Intelligence Unit (ECIU) said: “The renewables that were secured at…
EnergyUK: Britain set to lag behind global peers in clean electricity investment and deployment
That is the warning from trade body EnergyUK, which represents businesses collectively responsible for some 80% of the UK’s power generation. EnergyUK has this week produced a new analysis with…
Local communities to access £10m for clean energy projects
…Community Energy Fund for England will empower communities to do just that. “With it, they’ll be able to drive forward innovative energy projects that will have a lasting positive impact,…
Report: EU must treble pace of low-carbon energy transition to meet climate pledges
The EU still accounts for 8% of global energy-related emissions despite efforts to improve energy efficiency and adopt renewables. This makes it the third largest source of energy emissions behind…
UK Government accused of ‘going backwards’ on energy security in past two years
So alleges the Energy and Climate Intelligence Unit (ECIU), which has set out new analysis highlighting policy gaps and project delivery delays around issues such as home energy efficiency, heat…
Solar panel breakthroughs and sensors fighting food waste: The best green innovations of January 2024
In 2023, around three-quarters of global renewable energy capacity additions came in the form of solar power, and the International Energy Agency (IEA) forecasts that this energy source will continue…
Urgent action needed to build out energy storage and bolster Britain’s energy security, Lords warn
…on with it”. Committee Chair Baroness Brown said: “Since 2023, the Government has had a Department for Energy Security and Net Zero (DESNZ). Long-duration energy storage is critical for ensuring…
Three top tips for exploring onsite solar for your organisation
…challenges, most are looking to revamp their organisation’s approach to energy. As one of the fastest-growing sources of renewable energy, onsite solar represents a key enabler for businesses to slash…
Global Decarbonisation Accelerator: More than 100 nations pledge to triple renewable capacity globally
…Global Energy Director, World Resources Institute said: “The widespread support for this declaration demonstrates that renewable energy has moved from the sidelines to center stage. Tripling annual renewable energy capacity…
COP28 Action Tracker: The UN’s stark new climate warning and renewed China-US collaboration
…the $20bn it is spending on the energy transition, the bulk of which has been leveraged through a just energy transition partnership with wealthy nations. The COP28 Presidency team have…
Brits fitting solar and heat pumps as Government prepares to scale back bills support
…energy price crisis and its own climate commitments. Its multi-billion-pound Green Homes Grant closed in 2021 with most of the budget unspent. However, Ministers point to £6.6bn spent on energy…
45 nations pledge to double rate of energy efficiency improvements
The declaration takes the form of a new ministerial statement, released to mark the conclusion of the International Energy Agency’s (IEA) global conference on energy efficiency in France. As the…
From CEO surveys to a $100bn carbon markets moonshot: The 10 biggest sustainable business announcements from Davos 2024
…secured an industry-first multi-party agreement to procure renewable electricity in China from Envision Energy, one of the country’s largest renewable energy companies. AstraZeneca, Lonza, Novartis, Novo Nordisk and Roche have…
Wireless EV charging robots and next-gen plant-based proteins: The best green innovations of March 2024
…energy Image: AW-Energy There is a lot of energy embedded in ocean waves. According to the US Energy Information Administration, waves off the coast of the US alone have a…
UKGBC unveils renewable energy sourcing guidelines for the built environment
…in building design, delivery, or operation, including energy system designers, renewable energy producers and energy brokers/suppliers. UKGBC has identified three key principles that define good quality renewable electricity procurement including…
‘The terms of the game have changed’: 7 key messages from Chris Skidmore’s net-zero speech to Parliament
…on energy security One of the key reasons that the Government has doubled down on its approach to fossil fuels is the belief that extra extraction will help improve energy…
Energy and net-zero buildings: The burning question
…through energy cost savings, to deliver long-term energy cost reductions. These measures have seen increasing use of heat pumps, solar panels, biomass, battery energy storage, de-steaming, hydrogen-ready combustion plants, intelligent…
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