News
News
-
Diesel-only trains to be taken off track by 2040
Diesel-only trains to be taken off track by 2040 Feb 13, 2018 Priyanka Shrestha Policy Legislation, Sustainability Environment, Top Stories 0 Image: Shutterstock Transport Minister Jo Johnson has called for diesel-only trains to be phased out by 2040 as part of a new vision to decarbonise the railway. He said rail emissions have increased by […]
-
EIB approves €6.5bn for new energy and transport projects
EIB approves €6.5bn for new energy and transport projects Feb 12, 2018 Jonny Bairstow Infrastructure Generation, Low Carbon, Markets Finance 0 Image: Shutterstock The European Investment Bank (EIB) has approved a total of €6.5 billion (£5.8bn) of new financing for 36 projects across Europe, Africa, Asia and South America. Around €1.5 billion (£1.3bn) will be spent […]
-
Royal opening for £1bn ‘energy superhighway’ in London
Royal opening for £1bn ‘energy superhighway’ in London Feb 09, 2018 Priyanka Shrestha Infrastructure Generation, Top Stories 0 Image: National Grid The Prince of Wales and Duchess of Cornwall have officially opened a new electricity superhighway in London, which supplies power from below the capital’s streets. National Grid’s £1 billion London Power Tunnels project to […]
-
Ofgem: Reconsider suppliers’ role as primary route to low carbon funding
Ofgem: Reconsider suppliers’ role as primary route to low carbon funding Feb 12, 2018 Priyanka Shrestha Policy Legislation, Low Carbon, Markets Finance, Top Stories 0 Image: Shutterstock The role of energy suppliers as the primary route in funding and delivering low carbon support schemes should be reconsidered. That’s the suggestion from Ofgem in response to […]
-
EU invests €98.2m in going green
EU invests €98.2m in going green Feb 09, 2018 Jonny Bairstow Energy Efficiency, Sustainability Environment, Markets Finance 0 Image: Shutterstock The EU is to invest €98.2 million (£86.8m) in 10 projects supporting Europe’s transition to a low carbon, circular economy. The funding covers a wide range of schemes designed to help protect the environment and […]
-
Morrisons bins single-use plastic bags
Morrisons bins single-use plastic bags Feb 11, 2018 Jonny Bairstow Sustainability Environment, Top Stories 0 Image: James W Copeland / Shutterstock Morrisons is the latest supermarket to announce it will scrap single-use carrier bags. In a move to slash the amount of plastic waste it generates, the retailer will start phasing out the plastic bags […]
-
Tesla reports biggest ever quarterly loss
Tesla reports biggest ever quarterly loss Feb 09, 2018 Jonny Bairstow Low Carbon 0 Electric vehicle (EV) manufacturer Tesla has reported its biggest ever quarterly loss. The firm published a financial report showing it lost $675.4 million (£487m) in the last three months of 2017, compared with $121.3 million (£87.6m) in the same period a […]
-
EU slaps import tax on Chinese corrosion-resistant steel
EU slaps import tax on Chinese corrosion-resistant steel Feb 10, 2018 Priyanka Shrestha Markets Finance, Top Stories 0 Image: Shutterstock The European Commission has imposed definitive anti-dumping duties on corrosion-resistant steel from China. The announcement follows its investigation confirming Chinese producers were “dumping” the product on the EU market. The measures that will be put […]
-
National Grid: ‘Involvement in flexible grid tech surges forward’
National Grid: ‘Involvement in flexible grid tech surges forward’ Feb 09, 2018 Jonny Bairstow Infrastructure Generation, Markets Finance, Top Stories 0 Image: Shutterstock Participation and involvement in demand side flexibility (DSF) technologies is increasingly steadily. That’s according to National Grid’s Power Responsive report, which charts the successes, challenges and opportunities presented by adaptive, decentralised energy […]
-
Wello wins Chinese wave energy contract
Wello wins Chinese wave energy contract Feb 08, 2018 Priyanka Shrestha Low Carbon, Markets Finance 0 Image: Wello A Finnish wave energy company is entering the Chinese market after winning a contract. Wello has signed an agreement with CIMC OEI to start the research phase for a wave energy converter (WEC) design for Chinese markets. […]
