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Global
May 11, 2023
China completes first online trade for 1,000 tons of liquified CO2
China's Daqing Oilfield Co recently completed its first online trade for 1,000 tons of liquefied CO2 by bidding in the domestic market with a premium of 210 yuan ($30.37) per ton added to the original price, China Media Group reported on Monday.
May 05, 2023Total Eren, PLN sign PPA for 70 MW wind-battery power
Total Eren, Adaro Power and PJBI have signed a power purchase agreement (PPA) with PLN for a 70-MW wind farm equipped with a 10-MW battery energy storage system to be located in Tanah Laut in Indonesia.
May 04, 2023Elon Musk's private jet emits more than 2,000 tons of carbon
Elon Musk flied private jet more than virtually anyone else in the U.S. last year, according to a report published on Monday by the Institute for Policy Studies and the nonprofit group Patriotic Millionaires.
May 04, 2023Australia’s record renewables drive down energy prices, emissions
Australia’s renewable energy output hit record level, helping extend the slide in wholesale power prices in the first three months of 2023, displacing fossil fuels and sending carbon emissions from the sector to new lows for the first quarter.
May 03, 2023EU carbon prices could rise after reform agreement
Analysts have raised their average price forecasts for EU carbon permits for the next three years after the EU gave green light to the bloc’s carbon market reforms.
May 02, 2023Google, EDP Renewables sign PPA for 650 MW solar
Google has signed a new PPA with Madrid-based renewable energy company EDP Renewables (EDPR) to procure solar energy in the U.S.
April 27, 2023Carbon trading market to reach USD 479 million by 2030
In 2022, the carbon credit trading platform market was worth around USD 103 million, and it is projected to advance at a 21.20% CAGR from 2022 to 2030, hitting USD 479 million by 2030, according to P&S Intelligence.
April 26, 2023Thailand selects 175 firms for renewable energy scheme
Thailand’s Energy Regulatory Commission (ERC) has selected 175 companies for the first phase of its renewables scheme. It has attracted massive interest, receiving proposals with a combined capacity of almost 17GW, more than three times its 5.2GW target.
April 25, 2023Taiwan to start collecting carbon fees from second half of 2024
Taiwan's government plans to start collecting carbon fees from enterprises that generate greenhouse gas emissions starting in the second half of 2024, according to Environmental Protection Administration (EPA) head Chang Tzi-chin (張子敬).
April 24, 2023Brazil surpasses China to become biggest I-REC issuer
Demand for Brazilian international renewable energy certificates (I-RECs) rose to 13.96 TWh in the first quarter from 8.5 TWh a year earlier, making Brazil the largest global market.