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South Australia could benefit from pumped hydro energy storage as it tracks towards 100% average solar and wind in 2027. And it has some Class A sites. The post How pumped hydro could help get South Australia all the way to 100 pct renewables appeared first on RenewEconomy.
OEG, a leading energy solutions business, has won a significant multi-million-pound contract to support the construction phase of the Inch Cape Offshore Wind Farm until it becomes operational in 2027.
Energy Information Administration published its Short Term Energy Outlook on Tuesday, forecasting rapid growth in battery storage and a decline in gas-fired generation.
Climate-related risks will be assessed in the 2027 EU supervisory stress test, the European Banking Authority (EBA) said, as it revealed it will progressively look to integrate more detailed climate-related analysis into its tests.
Swedish green iron and steel maker Stegra (formerly H2 Green Steel) announced that it has signed a long-term power purchase agreement (PPA) with German low-carbon power producer Uniper for a yearly supply of electricity produced over the 6-year period ranging from 2027-2032, covering a total of 6 TWh (terawatt hours).
Notably, however, ADNOC also recently accelerated its goal to increase hydrocarbon production capacity to 5 million barrels per day by 2027 from its previous 2030 target. Al Mazrouei said: “We continue to meet today’s global energy needs while heavily investing in clean energy systems for the future.
See below for the highlights of the past week, and get all your ESG news at ESG Today: Sustainability Goals, Initiatives and Achievements HSBC Buys Biomass-Based Sustainable Aviation Fuel in Deal with Cathay Pacific, EcoCeres Alfa Laval Accelerates Net Zero Goal by 3 Years to 2027 Mercedes-Benz Sharpens Sustainability Focus on 6 Key ESG Areas BlackRock, (..)
The company is currently in the middle of a financing round, with hopes to start operating commercially in 2027. They have access to that market of investors that are looking for truly distinctive and traceable low-impact products who are willing to pay more for products that have a lower carbon footprint, Racicot-Daignault says.
With the International Energy Agency (IEA) predicting that 2,400 gigawatts of clean energy will be deployed between 2022 and 2027, the stakes couldn’t be higher. The race to meet global clean energy targets is on, and the supply chains supporting this shift are feeling the pressure.
Impakter EU to Cut Ties with Russian Oil and Gas by 2027 Today’s ESG Updates EU to cut Russian oil and gas by 2027: New gas contracts banned from 2026 as the EU ends reliance on Russian fossil fuels. Social media tops TV for US news: 54% of Americans now get news from social media, raising misinformation concerns. Peter Vigh
From 2025 – 2027, the Commission will launch a pilot project on nature credits, and it will subsequently consider next steps for the development and scaling up of nature credit markets.
Beginning in 2027, the annual disclosure requirement expands to include Scope 3 emissions. Scope 3 must be disclosed in 2027 with prior fiscal year (2026) emissions data. 2025 data) on an annual basis. For Scope 1 and 2 emissions, this data must be calculated and reported starting in 2026 with prior fiscal year (2025) data.
With the spending power of eco-active consumers tipped to soar from $500 billion to $1 trillion by 2027 , Reewild is tapping into the growing pressure on brands to burnish their sustainability credentials to meet regulatory requirements and help consumers understand the impact of their purchases.
Currently, the company has seven vessels that utilize the fuel. Bio-methanol, derived largely from biofuel feedstock, is an effective lower-carbon substitute for fossil fuels because its energy levels are higher than other biofuels, and it is also particularly suited for long-distance transport and travel.
According to Steven Guilbeault, Canada’s Minister of Environment and Climate Change, the new cap-and-trade system was designed to recognize top-performing companies, while incentivizing higher emitters to invest in cleaner production processes.
If enacted, SB 755 would require suppliers with over $25 million in state contracts to report their climate-related financial risks and Scopes 1-3 carbon emissions beginning in 2027, and suppliers with $5 to $25 million in State contracts to report their Scopes 1-2 emissions.
According to the company, the new capital will support the development of additional injection well sites, including beginning to move forward on its next U.S. facility, Monarch Fields.
The new sites will begin coming online in late 2027, Microsoft said, and all new Microsoft datacenter designs have begun using the new cooling technology. According to Microsoft, the new liquid cooling technologies recycle water through a closed loop.
In announcing its decision to phase out the financial incentive for EVs by 2027, the Quebec government said the industry no longer needs that extra help. Electric vehicles had a 21.5% chunk of the vehicle market in the province in the second quarter of this year (compared to 9.9% in Canada overall and 8% in the U.S.).
Scope 3 Inclusion (2027): Emissions reporting expands to include Scope 3 emissions for fiscal year 2026 data. 2027: Expands to include Scope 3 emissions for Fiscal Year 2026 under a safe harbor provision through 2030. Importantly, SB 253 currently provides a safe harbor for good-faith misstatements through 2030.
With the agreements in place, the Parliament and Council can move to formally adopt the postponement of the regulations within the next few weeks, and proceed on developing positions on the proposed changes to the regulations.
The company currently has over 3 GW of installed renewables capacity, with a target reach over 8 GW by 2027, sells electricity and gas to 10 million customers across 6 countries, and operates an EV charging network consisting of 21,000 charging points across 13 countries, with a goal to reach 40,000 by 2027.
For smaller companies that were set to begin reporting in 2026 and 2027, European lawmakers adopted a ‘stop-the-clock’ directive earlier this year to delay implementation of the CSRD disclosure requirements during the Omnibus process. The Commission said that it expects its review of the ESRS to be completed by financial year 2027.
An additional 12 new solar sites are planned between 2025 and 2027, adding another 900 megawatts of generation, and for the next 10 years, the company projects adding at least 450 megawatts of utility scale-solar energy per year.
Once operational in 2027, the project will provide reliable power to support Google’s data center, cloud region and offices in Taiwan. Starting in 2027, this project will help power our data center, cloud region and offices in Taiwan. In March, CIP announced that it had raised more than 12 billion (USD$13.1
The first co-located clean energy project under the new partnership is anticipated to be operational in 2026, and fully complete in 2027. Peterson Corio added that Google hopes to replicate the new model across the U.S and around the world.
Although these obligations relate to the EU mechanism, UK businesses should take heed that the Labour government is committed to a UK CBAM that is expected by 2027. Companies will also need to collect the data relevant for their declaration for the financial year 2026, to be submitted via the CBAM registry by 31 May 2027.
In addition, SGS said that the acquisition will further contribute to achieving its Strategy 27 initiative, by which the company will seek to expand its diversity, equity and inclusion policies, with at least one third of leadership positions to be held by women by 2027.
According to the FAQ, while a firm date for reporting on Scope 1 and 2 is yet to be finalized, the disclosures will begin in 2026, covering the previous fiscal year, while Scope 3 emissions reporting will begin in 2027.
The new agreement, beginning in June 2027, will allow Constellations Clinton Clean Energy Center in DeWitt County, Illinois to be relicensed and to continue operating for another 20 years.
The project is already under construction and is expected to reach commercial operation in 2027. Located 24 48 kilometers Southeast of Long Island, Empire Wind 1 is anticipated to be the first offshore wind project to connect into the New York City grid, powering 500,000 homes, with a contracted capacity of 810 MW.
According to the company’s the new agreement will enable two solar power plants and one wind farm to come online between the first quarter of 2026 and the first quarter of 2027.
Under the new law, companies will be required to begin reporting on Scope 1 and 2 emissions in 2026, covering the prior fiscal year, and on broader value chain Scope 3 emissions in 2027.
The EU-funded project will run to December 2027, with Zero Waste Scotland undertaking feasibility studies and sector engagement before developing a workable model. It will also secure supplies of critical construction materials and help construction businesses save money by keeping construction materials in use for longer.
Published by Las Vegas Sands on February 4, 2025 Las Vegas Sands (NYSE: LVS ) will contribute nearly $350,000 for the 2024-2025 through 2026-2027 academic years to the National Hispanic Institute (NHI), continuing its Sands Cares support of the transformational leadership development program for Latino high school students in Las Vegas.
Another half a billion trees planted by 2027! Since the foundations inception in 1972, more than 500 million trees have been planted across over 60 countries, and theyre not slowing down anytime soon. Their next goal?
When we look back a decade from now, nobody will worry whether reporting started in 2025 or 2027. The Omnibus proposals, if implemented, will postpone the deadline by which companies need to report on their activity, simplify reporting requirements, and exempt many smaller ones from the responsibility to report at all.
In the letter, Albuquerque stresses the tight timeline proposed by the Commissions initiative, with plans to have the new legislation in place in time to have companies applying the new standards for sustainability reporting covering financial year 2027, and potentially to give companies an option to apply the standards for F2026 if they wish to.
Existing grid connection offers will receive preferential treatment, with readiness criteria (such as outline planning consent) required for projects connected by 2027. This also applies to demand-only projects, particularly those connecting to the transmission network.
The UK has also announced plans to introduce its own CBAM in 2027. CBAM is the EU’s carbon tax on imported goods, established to avoid “carbon leakage,” a situation in which companies move production of emissions intensive goods to countries with less stringent environmental and climate policies. The regulation comes into force in 2026.
A recognised hub for international artistic and sporting events, the Vaudoise Arena is central to Lausannes bid to host the 2027 European Figure Skating Championships. The outdoor ice rink, Patinoire Yodli, was named after the Lausanne 2020 mascot, and it remains open and free to the public for ice skating practice.
On average, 81 percent of those surveyed expressed zero to moderate confidence in the ability of airframers to hit their production targets for 2026 and 2027. This yearâs survey respondents continued to be tepid on the prospect of OEMs achieving their current-generation production goals.
Nordseecluster is being built in two phases, with construction at sea scheduled to begin in 2025, full commissioning for the first phase planned for 2027, and for the second phase in 2029. Thor, Denmarks largest offshore wind farm to date, is scheduled for full commissioning in 2027.
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