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How pumped hydro could help get South Australia all the way to 100 pct renewables

Renew Economy

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.

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OEG Energy Group Limited - OEG to support Inch Cape Offshore Wind Farm construction until 2027

Global Renewable News

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.

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US utility-scale energy storage to double, reach 65 GW by 2027: EIA

Utiliity Dive

Energy Information Administration published its Short Term Energy Outlook on Tuesday, forecasting rapid growth in battery storage and a decline in gas-fired generation.

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EBA building climate into 2027 stress test and monitoring other environmental risks

Environmental Finance

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.

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Stegra Signs 6 TWh Electricity Deal to Power Green Steel Production

ESG Today

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).

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UAE Plans to Invest $54 Billion by 2030 to Meet Sustainable Energy Demand

ESG Today

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.

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ESG Today: Week in Review

ESG Today

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, (..)