News
News
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Iberdrola sells LNG assets to Pavilion Energy
Spanish utility Iberdola has announced it is selling its liquefied natural gas (LNG) assets to Pavilion Energy. The portfolio has a total annual volume of more than five billion cubic meters, sea transport and long term regasification capacity in the UK as well as other gas supply related agreements. The divestment from Iberdrola is expected […]
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French utility ENGIE launches €1.5bn green bonds
French utility ENGIE has launched a new green bonds issuance worth €1.5 billion (£1.3bn). The proceeds will be used to exclusively finance green projects such as wind and solar power. This takes the total amount of green bonds issued by ENGIE to €8.75 billion (£7.8bn) and claims to be the largest corporate issuer to date. […]
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Foreign Officer minister suspended after grabbing climate protester
Foreign Office Minister Mark Field has been suspended after grabbing and pushing a female climate change protester out of an event. Footage shows the minister holding the protester around the neck against a pillar while marching her out of a dinner at Mansion House where Chancellor Philip Hammond was delivering his annual speech about the […]
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‘Avian incident’ knocks 84% of US solar farm off the grid
An ‘avian incident’ has knocked 84% of a US solar farm off the grid. Only 40MW of Clearway Energy’s 250MW California Valley Solar Ranch remained operational after a bird caused a fire that damaged distribution cables and poles. Despite panels themselves remaining undamaged, according a regulatory filing made by the owner, the affected area spanned […]
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Continued emissions ‘could see 58% of Earth break heat records every year’
If global greenhouse gas emissions continue to rise, around 58% of Earth’s surface is likely to experience record-breaking temperature increases every year. That’s the verdict from researchers at the Australian Bureau of Meteorology in Melbourne – Scott Power and François Delage suggest this will disproportionately affect the most vulnerable, with 67% of the least developed […]
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UK waste-to-energy industry gets £90m boost
Investment worth £90 million has been announced by Privilege Finance to fund waste-to-energy projects in the UK this year. The 11 facilities will have a total capacity of 14MW, generating enough electricity to power around 28,000 homes. At full capacity, they are expected to convert around 175,000 tonnes of food waste which would otherwise go […]
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HP aims to power global operations with 100% renewables by 2035
HP has set a target to ensure its global operations are powered with 100% renewable electricity by 2035. It is part of the printing and personal systems manufacturer’s latest commitments to drive a circular and low carbon economy. HP had already aimed to go 100% renewables previously when it joined the RE100 campaign, convened by […]
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British Gas owner Centrica to cut 700 jobs
Centrica, the owner of British Gas, has confirmed plans to slash around 700 back office and management jobs. It is part of the energy giant’s previous announcement to cut 4,000 jobs by the end of 2020 and forms part of a cost-cutting programme, which it hopes will help save around £1.25 billion a year. Centrica […]
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EU investigates Lithuania’s support for state-owned energy firm Lietuvos
The European Commission has opened an in-depth investigation to assess if Lithuanian support for state-owned energy company Lietuvos Energija unduly favoured the firm and distorted competition. From 2013 to 2018, the Lithuanian Power Plant (LPP) owned by the energy company, was selected by the government to provide strategic reserve services, with the intention of increasing […]
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Wasting food ‘is top cause of environmental guilt among Brits’
Wasting food is the top cause of environmental guilt among Brits. That’s according to a new survey of 2,001 people, conducted by Opinium research and commissioned by renewable energy supplier Pure Planet, which shows 35% of UK adults feel bad about the environmental impact of binning food. Throwing away food was followed by buying plastic-wrapped groceries, […]
Quotes
The cheapest kWh of energy is the one you don't use Delvin Lane, Head of Energy 360, British Gas