News
News
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Turkish delight as $55m of green funding is secured
Turkish delight as $55m of green funding is secured Oct 27, 2016 Jonny Bairstow Energy Efficiency, Sustainability Environment 0 Image: Shutterstock A London-based bank is providing $55 million (£45m) to finance renewable energy and resource efficiency projects in Turkey. The European Bank for Reconstruction and Development (EBRD) is giving the money to Turkish lender Isbank, […]
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New project to boost energy efficient product sales
New project to boost energy efficient product sales Oct 27, 2016 Jacqueline Echevarria Energy Efficiency 0 Image: Thinkstock A new programme to encourage the sale of home energy efficient products has been launched in the US. The Environmental Protection Agency (EPA) and technology company Energy Star have created the scheme, which seeks to establish a model […]
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UK-Malaysia project to develop green data centres
UK-Malaysia project to develop green data centres Oct 26, 2016 Jacqueline Echevarria Energy Efficiency 0 Image: Thinkstock A UK and Malaysian consortium aims to develop the next generation of green data centres. They will improve their sustainability by changing the way data centres are cooled with the help of innovative technologies. The consortium is made […]
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Wales’ largest wind farm generates electricity
Wales’ largest wind farm generates electricity Oct 26, 2016 Jacqueline Echevarria Infrastructure Generation 0 An onshore wind farm Image: Thinkstock Wales’ largest onshore wind farm has generated electricity for the first time. The 228MW Pen y Cymoedd wind farm is scheduled to be completed early next year, according to developer Vattenfall. The wind farm is expected to […]
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Help for more energy customers in vulnerable situations
Help for more energy customers in vulnerable situations Oct 25, 2016 Priyanka Shrestha Policy Legislation, Top Stories 0 Image: Shutterstock More customers in vulnerable situations, including those with mental health issues, are to receive extra help under new changes made by Ofgem. It has broadened eligibility in the Priority Services Register, through which consumers can […]
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IEA raises five-year renewable growth forecast
IEA raises five-year renewable growth forecast Oct 25, 2016 Priyanka Shrestha Infrastructure Generation 0 Image: Shutterstock The International Energy Agency (IEA) said it is “significantly increasing” its five-year growth forecast for renewables. That’s due to of strong policy support in key countries – US, China, India and Mexico – and sharp cost reductions. The IEA […]
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World Bank raises oil price forecast for 2017
World Bank raises oil price forecast for 2017 Oct 24, 2016 Priyanka Shrestha Coal, Gas Oil, Top Stories 0 Image: Shutterstock The World Bank is raising its 2017 forecast for crude oil prices from $53 (£43) per barrel to $55 (£44.9) per barrel. It comes as members of the Organisation of the Petroleum Exporting Countries […]
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Ecotricity to increase winter energy prices
Ecotricity to increase winter energy prices Oct 24, 2016 Jacqueline Echevarria Markets Finance 0 Image: Thinkstock Ecotricity has announced it is going to increase electricity and gas prices this winter. The green supplier said gas prices will rise by 3.8% and electricity by 7.8% from the 14th of November. It added bills in total could increase by […]
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NY to fund $140m to modernise the grid
NY to fund $140m to modernise the grid Oct 21, 2016 Jacqueline Echevarria Markets Finance 0 New York City. Image: Thinkstock New York state aims to provide funding worth around $140 million (£113.4m) in 10 years to projects which help modernise the electricity grid. The New York State Energy Research and Development Authority (NYSERDA) is initially […]
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Finland-Estonia gas interconnector gets €187m
Finland-Estonia gas interconnector gets €187m Oct 23, 2016 Jacqueline Echevarria Markets Finance, Top Stories 0 The European Commission has signed a deal to invest €187 million (£166.43m) in a gas interconnector between Finland and Estonia. The Balticonnector is the first gas interconnector which links the two countries and will allow Finland to enter the rest of […]
