News
News
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‘There is huge room for global green improvement’
‘There is huge room for global green improvement’ Feb 17, 2017 Jonny Bairstow Energy Efficiency, Policy Legislation 0 Image: Shutterstock There’s huge room for green energy improvement across the world, particularly in Sub-Saharan Africa. That’s according to the Regulatory Indicators for Sustainable Energy (RISE) report from the World Bank, which grades 111 countries in three areas: energy access, energy […]
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Ofgem boss gets fat pay rise on fuel poverty day
Ofgem boss gets fat pay rise on fuel poverty day Feb 17, 2017 Jonny Bairstow Markets Finance, Top Stories 0 Dermot Nolan, CEO of Ofgem. Image: Parliament The CEO of Ofgem has bagged a £15,000 bonus on top of his £190,000 salary. Dermot Nolan is one of three senior civil servants at the energy watchdog […]
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Global financiers launch green investment criteria
Global financiers launch green investment criteria Feb 16, 2017 Jonny Bairstow Markets Finance 0 Image: Thinkstock Nearly 20 global banks and investors have launched a set of criteria for investments to be considered sustainable. The group, which includes Société Générale and Hermes Investment Management and totals around $6.6 trillion (£5.28tn) in assets, outlined the Principles for Positive […]
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Scottish firm to advise on Japanese tidal project
Scottish firm to advise on Japanese tidal project Feb 16, 2017 Jonny Bairstow Infrastructure Generation, Water 0 Image: Shutterstock A Scottish environmental firm is to support a major tidal energy project in Japan. Orkney-based Aquatera has been awarded a consultancy contract to conduct an environmental impact assessment for underwater turbines as part of a proposed […]
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Toshiba chairman quits after £2.7bn nuclear loss
Toshiba chairman quits after £2.7bn nuclear loss Feb 15, 2017 Priyanka Shrestha Low Carbon, Markets Finance 0 Image: Testing/Shutterstock The chairman of Toshiba has resigned from his post after the Japanese company reported a net loss of ¥390 billion (£2.7bn) in the year to March 2017. The losses are said to be linked to a […]
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London to get two new electric bus routes
London to get two new electric bus routes Feb 15, 2017 Jonny Bairstow Sustainability Environment 0 Image: Thinkstock The Mayor of London has announced two new fully electric bus routes to cut toxic emissions in the capital. The move is the latest stage in Sadiq Khan’s ambitious plans to reduce air pollution, which is said […]
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London-based bank helps Tirana become greener
London-based bank helps Tirana become greener Feb 14, 2017 Priyanka Shrestha Sustainability Environment 0 Tirana, Albania. Image: Shutterstock A London-based bank is to help the capital city of Albania become more sustainable. The European Bank for Reconstruction and Development (EBRD) and the municipality of Tirana are joining forces to develop a comprehensive set of policies […]
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Japanese power giants buy stake in Indian firm
Japanese power giants buy stake in Indian firm Feb 14, 2017 Priyanka Shrestha Low Carbon, Markets Finance 0 Image: Thinkstock. Two of Japan’s largest utilities have bought a 10% stake in Indian renewable firm ReNew Power. JERA, set up in 2015, is a joint venture between Tokyo Electric Power and Chubu Electric Power and operates […]
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India’s renewable future – no coal, gas or nuclear on horizon
India’s renewable future – no coal, gas or nuclear on horizon Feb 13, 2017 Jonny Bairstow Infrastructure Generation 0 Image: Thinkstock India has a 10-year window in which no new investments in coal, gas or nuclear power are likely. That’s according to a new report from The Energy and Resources Institute (TERI), which says India’s existing capacity and […]
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ENGIE’s new 10MW wind farm begins operation
ENGIE’s new 10MW wind farm begins operation Feb 13, 2017 Jonny Bairstow Infrastructure Generation 0 Image: BMJ/Shutterstock ENGIE has begun operation of its new 10MW Cairnborrow Wind Farm in Aberdeenshire, Scotland. The wind farm’s five turbines are expected to generate enough electricity to power the equivalent of more than 5,700 homes. The site is expected […]
Quotes
The cheapest kWh of energy is the one you don't use Delvin Lane, Head of Energy 360, British Gas