News
News
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Sun King raises $260m to ramp up clean energy access in Africa and Asia
Sun King has announced it has raised $260 million (£163m) in its latest funding round to widen clean energy access for off-grid homes in Africa and Asia. To date, the company has helped power the lives of 82 million people across 40 countries through its solar home systems that power lights, mobile phones and larger […]
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Aussies emit four times more CO2 from coal power than the average person globally
The carbon footprint of every Australian is four times bigger than that of the average person globally. That’s according to new analysis by energy think tank Ember which estimates that Australia’s emissions from coal amount to 4.04 tonnes of carbon dioxide for each person. It said the average person worldwide emits just 1.1 tonnes of […]
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Canada invests $50m in Indigenous wind energy project
The Government of Canada has announced nearly CAD$50 million (£31m) of investment for an Indigenous wind energy project in New Brunswick. The Burchill Wind Energy Project will consist of 10 turbines, producing up to 42MW of renewable electricity, coupled with a 10MW utility-scale battery storage system. The funding is being provided for the Burchill Wind […]
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“It is not unconservative to do a windfall tax”
The Conservative MP for Harlow has publicly supported the potential implementation of a windfall tax on the profits of oil and gas companies. In an interview with Times Radio, Robert Halfon said: “It is not ‘unconservative’ to do a windfall tax. “Margaret Thatcher did it. David Cameron did it. Desperate times call for desperate measures. […]
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Sainsbury’s pledges to remove Russian diesel from its petrol stations
Sainsbury’s has committed to stop selling Russian diesel from its petrol stations. The supermarket group has confirmed the move yesterday to halt such sales from its 315 petrol stations. Earlier this year, the government pledged to phase out imports of Russian oil in response to Russia’s invasion of Ukraine by the end of the year. […]
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Consultation opens for London-wide expansion of ULEZ
UK’s capital has started consulting to extend the Ultra Low Emission Zone (ULEZ) London-wide in a bid to improve air quality. The consultation seeks views on proposals to expand the low emission zone on 29th August 2023. The Mayor’s office has predicted the scheme could reduce carbon dioxide emissions by up to 150,000 tonnes. The […]
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EU unveils €300bn package to slash reliance on Russia’s energy
Europe has announced its intention to mobilise €300 billion (£254bn) to measures that could help countries limit their dependence on Russian energy. In a keynote speech, Ursula von der Leyen, President of the European Commission, said around €10 billion (£8.4bn) of the REPowerEU programme will fund “missing links” for gas and liquefied natural gas and […]
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Small US businesses granted $53m for clean energy and climate solutions
The US Department of Energy (DOE) has announced $53 million (£43m) in funding for small businesses to develop clean energy technologies to combat the climate crisis. It will support 259 projects across 38 states that cover security and resilience, renewable energy, energy storage, carbon capture and conversion and fusion energy. The selected projects include the […]
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While gas wholesale cost falls to double digits, the pressure is still on across Europe
Topics explored include: Gas prices fall into double digit figures, but the pressure is still on due to demand on storage replenishment Volatility and increased risk highlighted by cut off of gas supplies to Poland, however compromise over payment to Russia by major European states appears to have been reached Power generation sees French nuclear […]
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BP and Linde to develop major CCS project in Texas
Energy giant bp and chemicals company Linde have announced plans for a major carbon capture and storage (CCS) project to advance decarbonisation efforts across the Texas Gulf Coast. The project, which will include low carbon hydrogen production at Linde’s existing facilities, will support the storage of CO2 captured from other industrial facilities. The overall development […]
Quotes
The cheapest kWh of energy is the one you don't use Delvin Lane, Head of Energy 360, British Gas