News
News
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Clean fuel tests take off with Virgin Atlantic
Virgin Atlantic is to begin trialling jet fuel made from the waste carbon produced in steel mills. The airline will use biotech company LanzaTech’s sustainable aviation fuel to power one of its 747 jets in a 7,000-kilometre commercial flight from Orlando, Florida to London Gatwick, UK. The firm uses gas fermentation technology to turn waste […]
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Shell sets methane intensity limit for 2025
Shell has committed to keeping the methane emissions intensity of its oil and gas assets below 0.2% by 2025. To maintain this promise, the energy giant is implementing a number of programmes, including using infrared cameras to scan for methane leaks, deploying technology to repair holes in pipework or loose valves and replacing pneumatically-operated controllers […]
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ChargePoint commits to install 2.5m EV chargers by 2025
ChargePoint has made a global commitment to install 2.5 million charging points for electric vehicles (EVs) by 2025. The majority will be evenly split between Europe and North America, with smaller percentages to be installed in Australia and New Zealand. They will support the 37 million EVs that are forecast to hit the roads globally […]
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New Global Green Bond Partnership launched
A new initiative to support efforts of cities, businesses and financial institutions to accelerate the issuance of green bonds has been launched. The Global Green Bond Partnership (GGBP) will help scale green bond issuance through technical assistance, capacity building, de-risking, investing as well as supporting the development of innovative funds to mobilise investor capital. Founding […]
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Businesses including Uber and Nokia team up against climate change
A new business alliance aims to reduce greenhouse gas emissions across all sectors and ensure a climate turning point by 2020. The 21 companies forming the Step Up Declaration plan, which includes signatories such as Bloomberg, HP, Lyft, Nokia and Uber, plan to harness the power of emerging technologies and the fourth industrial revolution to […]
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EBRD unveils climate disclosure web tool
The European Bank for Reconstruction and Development (EBRD) has launched an online climate disclosure tool. It has been developed to explore how businesses can integrate information about physical climate change impacts into corporate and financial reporting. The EBRD hopes other companies will use this data to improve their own disclosure, contribute to the transition to […]
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A fail-safe way to make DSR pay
These days, when conversations with customers turn to maximising value from energy management, I get asked about Demand Side Response more than anything else. Explaining the best way to take advantage of the potential opportunities in a few sentences is challenging, as there are so many possible ways to benefit (see The business benefits of […]
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Taxi hailing app takes a carbon neutral journey
Black cab ride-hailing app Gett has launched a scheme to make its journeys carbon neutral. The company has committed to offsetting 7,500 tonnes of carbon dioxide, equivalent to its yearly output, by investing in Carbon Clear-accredited carbon reduction projects. These include a wind energy project in India to displace the burning of fossil fuels and […]
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Small energy supplier Gen4U goes bust
Ofgem has announced small gas and electricity supplier Gen4U has ceased trading. It has appointed Octopus Energy to take on its 500 domestic customers, who will be contacted by the supplier over the coming days. Customers are advised to switch suppliers if they wish to only after they have been moved to Octopus Energy. Ofgem […]
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Siemens Gamesa commits to science-based climate targets
Siemens Gamesa Renewable Energy (SGRE) has made a commitment to reduce carbon emissions in line with the Paris climate agreement. It has signed up to the Science Based Targets Initiative (SBTi), which encourages companies to commit to making measurable emissions reductions at a level necessary to meet the 2°C warming target. It is a collaborative […]
Quotes
The cheapest kWh of energy is the one you don't use Delvin Lane, Head of Energy 360, British Gas