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Global
January 05, 2023
UK enjoys record-breaking 2022 for renewables
A record-breaking level of green energy was generated in the UK in 2022, according to new analysis from Imperial College London for Drax Electric Insights.
January 03, 2023Brussels plans energy market reform to curb renewables cost
Brussels plans to overhaul the bloc’s electricity market to prioritise cheaper renewable energy, European Union’s energy commissioner Kadri Simson has said, despite industry warnings that the reforms could smother investment in wind and solar projects.
December 28, 2022Collapse of Finland's carbon sinks wipes out decades of efforts to reduce emissions
Finland could be subject to billions of euros in costs as the diminishing capacity of forests as a carbon sink has undermined its effort to meet the sink target set by the EU.
December 27, 2022H&M signs PPA for 90 MWp solar park in Sweden
The Swedish fashion company H&M has signed a power purchase agreement (PPA) for a solar park with Neoen and Alight to power its operations.
December 22, 2022Swiss university launches tool to calculate CO2 emissions from electricity mix
A platform developed by Swiss university of Geneva that allows consumers to track the variations in the composition of the electricity mix used and to calculate the carbon footprint has come online.
December 20, 2022EU strikes deal on major carbon market reform
EU member states and parliamentarians on Sunday reached a political deal to reform the bloc's carbon market, the key policy of its ambitions to cut emissions and invest in climate-friendly technologies.
December 19, 2022EU November PPA signings top the year, monthly prices up 7.4%
Pexapark, a Swiss renewable energy investment and consulting firm, said in a recent report on European PPAs that renewables “are the absolute winners of 2022 and the years to come in an environment of crisis and difficulties.”
December 14, 2022EU strikes deal to tax carbon on imports
The European Union took a step forward to imposing a carbon tax on imports of energy-intensive goods such as steel and cement after striking a deal with EU members on Tuesday.
December 13, 2022Stellantis inks second largest corporate PPA ever for 400 MW of solar
Automaker Stellantis signed the second largest corporate power purchase agreement on record today to procure 400 MW of new solar development in Michigan under DTE Energy’s MIGreenPower program.
December 08, 2022Carbon footprints of Bitcoin mining surge 126-fold in five years
Emissions from mining cryptocurrencies have skyrocketed, researchers reported in Scientific Reports. The carbon footprint of mining one Bitcoin multiplied 126 times from 2016 to 2021. In that window, Bitcoin mining caused an estimated $12 billion in globa