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December 29, 2022

Delhi High Court suspends REC trading for six weeks

The Delhi High Court has suspended the market for trading renewable energy certificates (RECs) issued before October 31, 2022 for six weeks.
December 28, 2022

Collapse 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, 2022

H&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 26, 2022

China’s ETS trading volume crosses 10 billion yuan mark

China’s national emissions trading scheme (ETS), the world’s largest carbon market covering a seventh of emissions globally, hit 10 billion yuan (US$1.4 billion) in total transactions on Thursday.
December 26, 2022

CERC raises fees & charges on REC certificates

The Central Electricity Regulatory Commission (CERC) has agreed on Dec. 9 to revise up fees and charges paid by eligible entities for accreditation, registration and issuance renewable energy certificates (RECs).
December 22, 2022

Swiss 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, 2022

Australia’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 20, 2022

EU 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, 2022

EU 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 16, 2022

New Zealand’s new carbon price settings lag behind climate body recommendations

The New Zealand government raised the country's 2023 Emissions Trading Scheme (ETS) carbon allowance price and volume settings on December 15 to levels significantly below those advised by its national climate body.
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