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Global
November 29, 2022
Google, Microsoft purchase more renewable energy for datacenters
Microsoft and Google have both signed new agreements for using more renewable energy sources for their datacenters as part of efforts to lower their IT operations’ carbon footprint.
November 25, 2022German electricity price cap threatens PPA market
Germany’s plans to introduce a cap on power revenues and cut energy bills for one year will dampen interest in signing new power purchase agreements (PPAs) for the duration of the measures, according to analysts of consultancy Energy Brainpool.
November 23, 2022Germany mulls state guarantees for solar and wind energy
Germany is considering introducing state guarantees for investments in renewable energy to increase the country’s industrial potential, Economy Minister Robert Habeck has said, as Berlin seeks to become more independent in scaling up renewables capacity.
November 21, 2022IEA advocates hourly renewable energy buying
The International Energy Agency has joined industry calls to overhaul the way companies purchase renewable energy to meet their climate targets, and promotes hourly certification of renewable electricity, it said.
November 16, 2022Brussels tables emergency law to boost renewables
The European Commission on November 10 put forward a temporary emergency rules to accelerate the deployment of renewable energies like wind and solar, saying the ongoing energy crisis fuelled by Russia-Ukraine conflict calls for exceptional measures.
November 14, 2022EU agrees stronger carbon price control
The EU Parliament, Council and European Commission have reached an informal agreement on a more responsive price control mechanism under the EU Emissions Trading System (EU ETS), according to a key European Parliament member.
November 09, 2022Doubling 2030 renewable power targets is needed to achieve 2050 climate target
The International Renewable Energy Agency’s (IRENA) new analysis finds that collective global ambitions on renewable energy are not enough to keep temperature increases below 1.5 degrees C.
November 08, 2022Analysts slash EU carbon price forecasts on weak economies, increased supply
Analysts have cut their average price forecasts for EU carbon permits for the next two years in the sign that weak economies will hit Europe and lead to lower industrial output, while the European Commission readies an increase in permit supply.
November 04, 2022European renewable certificates hit all-time high amid hydropower shortage
The market for European renewable energy guarantees of origin (GOs) saw prices breaking the EUR 6/MWh mark.
November 02, 2022Nearly all companies committed to net zero will fail goals without doubling pace of carbon reductions by 2030: Accenture
While more than 34% of the world’s largest companies are now committed to net zero goals, 93% will fail to meet their targets, if they don’t at least double the rate of emissions reduction by 2030, according to a new report from Accenture.