News
Energy, Transport & Building
February 10, 2022
Corporate clean energy purchases hit record in 2021, says BNEF
According to Bloomberg New Energy Finance, global corporations purchased 31.1 GW of clean energy through power purchase agreements in 2021, reaching new record high. Purchases are up roughly 24% from the previous record year of 25.1 GW in 2020.
February 10, 2022Key EU lawmaker seeks tougher rules for carbon price mechanism
Peter Liese, a German Christian Democrat and member of European Parliament, is pushing for stricter controls to refrain the bloc’s carbon prices from growing too quickly. Following his remarks, the benchmark December 2022 contract was traded at 91.54 euro
February 09, 2022Element Critical inks PPA with NextEra Energy in Texas
Element Critical, a leading provider of data center solutions, has inked a power purchase agreement with NextEra Energy Resources, making its Houston and Austin co-location data centers powered by 100% renewable energy.
February 09, 2022The 10% wealthiest population is key to reach net zero, expert suggests
To mitigate the climate crisis, limit carbon footprint has become a primary mission for the globe. According to a study, wealthy people’s carbon footprints is gradually increasing, accounted for a larger proportion of global emissions.
February 08, 2022Nord Pool to pilot hourly matching of renewables in UK
To support renewable energy matching, energy exchange Nord Pool and start-up Granular plan to launch an auction system for hourly guarantees of origin (GOs) transaction in the third quarter, as part of a pilot project for establishing 24/7 renewable energ
January 28, 2022Seven Eastern Europe countries to adopt EU Guarantees of Origin
On January 26, the Energy Community revealed its plan to create an electronic system for Guarantees of Origin (GOs) in Albania, Bosnia and Herzegovina, Georgia, Kosovo, Moldova, Montenegro, and Ukraine.
January 28, 2022Low-cost artificial leaf captures 100 times more carbon than other systems
Engineers at the University of Illinois Chicago have developed a low-cost artificial leaf that can capture carbon dioxide 100 times more efficiently than current systems. This artificial leaf works in the real environment, unlike other carbon capture syst
January 27, 2022Latin America sees surging demand for I-RECs amid renewables expansion
In Latin America, high levels of renewable energy have raised demand for International Renewable Certificates (I-RECs), particularly in countries with substantial hydroelectric resources. These certificates are still in early stage in the area. However, t
January 27, 2022Climate commitments at risk as global oil prices soar
British financial think tank Carbon Tracker released its new report on Thursday, writhing that, with global oil prices rising to US$90 per barrel, investors may be lured into long-term fossil fuel projects, destroying the world's hopes to limit carbon emi
January 26, 2022Munich on track to decarbonize and achieve 100% renewables by 2025
Munich, Germany’s third largest city, is making significant progress in decarbonizing its power, with renewables expected to provide for 90% of the city's energy by 2022. The city estimates it is on track to meet its target of meeting all its energy deman