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Green Policy
February 08, 2022
Nord 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 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 24, 2022Better Energy inks solar PPA with 12 firms in Denmark
Better Energy, a Danish developer, has signed a power purchase agreement with a group of 12 companies who have formed a partnership with Energi Danmark. The deal will allow Better Energy to build a solar park in Denmark.
January 21, 2022Verizon signs seven virtual PPA for 910 MW of new renewables
On January 20, US telecom provider Verizon announced seven new renewable energy purchase agreements for an aggregate of approximately 910 MW of renewable energy capacity. The deals are expected to finance the powering of seven solar and wind facilities un
January 21, 2022ADGM becomes world’s first ‘carbon neutral’ international financial center
The Abu Dhabi Global Market (ADGM) announced on Wednesday that it had achieved carbon-neutrality status by offsetting its 2021 carbon emissions. It is reportedly the world's first carbon-neutral international financial center.
January 20, 2022India approves 200 million infusions in IREDA to boost renewable energy financing
On January 19, India’s Cabinet Committee on Economic Affairs (CCEA) and the Union Cabinet decided in a meeting to approve a Rs 1,500 crore equity infusion in the Indian Renewable Energy Development Agency (IREDA) Limited.
January 19, 2022EU to adopt new calculating rules for renewable cooling
Last December, the European Commission (EC) released new criteria for calculating the amount of renewable cooling and district cooling that can be used to meet the EU's renewable energy targets.
January 18, 2022Philippines publishes list of renewables projects eligible for renewable portfolio standards
The Philippine Department of Energy (DoE) has unveiled the list of operational renewable energy projects that are eligible for the country’s renewable portfolio standards (RPS), which require electricity providers to source a certain percentage of their e
January 17, 2022Uruguay launches blockchain-powered REC platform
A renewable energy certification scheme has been established by Uruguay's grid operator UTE and the Ministry of Industry, Energy, and Mining. The application, which is based on Energy Web's decentralized operating system, is designed to allow businesses t