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Green Policy
January 09, 2023
US tops EY’s ranking for world’s most attractive renewables market
Professional services firm EY has ranked the United States as the world’s most attractive market for investment in renewable energy – for a large part due to the Inflation Reduction Act passed in August 2022, which is viewed as a game changer for the coun
January 05, 2023UK 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 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 21, 2022Australia’s proposed GO scheme for renewable electricity under consultation
The Australian Government is seeking views from stakeholders on a clean energy Guarantee of Origin (GO) scheme to foster the global and domestic markets needed to transform Australia into a renewable energy superpower.
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 15, 2022Procurement difficulties may delay Taiwan's 2025 renewable energy goals
Taiwanese companies are struggling to source renewable energy domestically due to shortfalls in supply and access to the grid, which may hinder its efforts to achieve its 2025 renewable energy goals, the global initiative RE100 said in a report.
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 09, 2022Philippines greenlights foreign investors full ownership of renewables
The Philippines now allows for 100% foreign ownership of renewable energy projects for the first time following its signing of a circular amending the implementing rules and regulations (IRR) of the Renewable Energy Act of 2008.
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