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Google expands eco-friendly directions into Europe
News

Google expands eco-friendly directions into Europe

Google Maps is expanding its “eco-friendly” route to users in 40 countries across Europe.
October 26, 2022
European PPA prices for wind, solar spike over 11% in Q3
News

European PPA prices for wind, solar spike over 11% in Q3

Power purchase agreement (PPA) prices for renewable energy in Europe rallied 11.3% in the third quarter to more than EUR 73 euro per MWh, a YoY increase of 51%, according to LevelTen Energy, a PPA market platform operator.
October 25, 2022
US and EU increase collaboration to boost green energy in Africa
News

US and EU increase collaboration to boost green energy in Africa

The US and the European Union have agreed to increase their partnership to support green energy in Sub-Saharan Africa, including energy storage and off-grid power systems in its remit.
October 24, 2022
Washington state will earn more revenue from carbon auctions than predicted
News

Washington state will earn more revenue from carbon auctions than predicted

Washington state’s estimated revenue from a new carbon credit system for the first five years has increased by $1.6bn, because of rising credit values and plans to auction a portion of future allowances.
October 21, 2022
Australia to pour billions of dollars into renewable energy projects
News

Australia to pour billions of dollars into renewable energy projects

Australia has announced plans to build renewable energy projects, offshore wind farms and undersea transmission cables, as part of its efforts to cut carbon emissions by 43% by 2030.
October 20, 2022
CCS facilities under development worldwide grows 44% in 2022
News

CCS facilities under development worldwide grows 44% in 2022

Carbon Capture and Storage (CCS) facilities under development has grown 44% on year to 244 million tonnes per annum in the past 12 months, according to a new report from the Global CCS Institute.
October 19, 2022
New renewable energy initiative aims to benefit developing countries
News

New renewable energy initiative aims to benefit developing countries

A new not-for-profit initiative called the Distributed Renewable Energy Certificate (D-REC), backed by multiple stakeholders, is developing an internationally recognised market instrument acting as a guarantee of origin for distributed renewable energy.
October 18, 2022
Australia to pledge to cut methane emissions by 30%
News

Australia to pledge to cut methane emissions by 30%

Australia’s new left-leaning government is set to commit to reducing global methane emissions by 30% by 2030.
October 17, 2022
EU countries eye scaling down 45% renewables target
News

EU countries eye scaling down 45% renewables target

EU countries are considering revising REPowerEU, the European Commission’s plan to shift away from Russian fossil fuels, including scrapping a proposed 45% renewable energy target for 2030, according to a document seen by EURACTIV.
October 14, 2022
Buying carbon credit could curb company’s climate efforts, warns UK advisers
News

Buying carbon credit could curb company’s climate efforts, warns UK advisers

Using cheap carbon offsets to meet net zero targets could curb companies’ efforts to cut emissions and slow the delivery of climate goals, Britain’s climate change advisers said on Thursday.
October 13, 2022
London Stock Exchange introduces listing rules for carbon offset
News

London Stock Exchange introduces listing rules for carbon offset

The London Stock Exchange has set listing rules for companies that finance carbon offset projects to grow the market and enhance transparency.
October 12, 2022
UK set to impose revenue cap on renewable energy generators
News

UK set to impose revenue cap on renewable energy generators

The UK government has announced to introduce the ‘Cost-Plus Revenue Limit,’ a temporary cap on renewable energy companies’ revenue, to curb the impact of soaring wholesale power prices.
October 12, 2022
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