This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Speaking at the ADIPEC energy industry conference in Abu Dhabi, Al Mazrouei said that the investments will aim to “decarbonise our economy and achieve net-zero emissions by 2050,” according to state-owned media outlet Emirates News Agency. The UAE is one of the world’s largest oil producers, with average production of approximately 3.2
The agreement follows the release earlier this year by Maersk of goals to reduce emissions across its operations and supply chain, and the achievement by the company of validation of its goal to achieve netzero by 2040 by the Science Based Targets Network. Currently, the company has seven vessels that utilize the fuel.
Solar development is critical to maintaining a modern, diverse and resilient electric grid, said Melissa Seixas, Duke Energy Florida state president. PETERSBURG, Fla., At peak output, each 74.9-megawatt million cubic feet of natural gas, 15,000 barrels of fuel oil and 12,000 tons of coal annually.
United Airlines announced an investment in JetZero, a developer of a blended wing body (BWB) aircraft anticipated to improve fuel efficiency by up to 50% relative to current aircraft models. This program is the only one in development today that promises efficiency and an elevated customer experience.
Google announced today the launch of a new partnership with clean energy developer Intersect Power and alternative asset firm TPG, with plans to invest $20 billion in renewable power infrastructureby 2030 to enable the buildout of new data center capacity in the U.S., powered by clean energy. and around the world.
Significant changes to the UK’s grid connection process under the Clean Power 2030 Action Plan (CP30) will impact project timelines and readiness criteria, posing both challenges and opportunities for developers (words: Vattenfall). By working together, we can overcome these challenges and deliver clean power for the UK.
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. In late 2024, the company announced the launch of a request for proposals (RFPs) for nuclear energy developers in the U.S.
The Swiss government announced a decision to pause the revision of its ordinance on climate disclosures for companies, delaying the implementation of new climate-related reporting rules for companies, including a requirement for companies to provide plans to align with Switzerland’s netzero by 2050 climate target.
Facebook, Instagram, and WhatsApp owner Meta and clean energy developer Invenergy announced that they have signed a series of agreements, providing Meta with nearly 800 MW of renewable energy from new wind and solar projects in the U.S. Meta has set a target to reach net-zero emissions across its value chain by 2030.
” Taking a circular approach to construction can: create new opportunities for business; support domestic job creation in repair, reuse and remanufacturing; support the development of better markets for reused materials; and, improve economic resilience against future economic shocks. .” Iain Gulland of Zero Waste Scotland.
Ross McLory (left) Head of Business Development for Industrial and Commercial at SSE Energy Solutions and Donald MacBrayne, Business Development Manager at Scottish Water Horizons (image credit: Iain Ferguson, The Write I).
With offshore wind poised for significant growth, Paul Cairns, CEO of Charge Offshore, calls on wind farm developers to support sustainable, decarbonised expansion by ramping up industry-wide, collaborative efforts to electrify operations and maintenance fleets.
The European Commission and the government of the UK announced today an agreement to work towards linking their carbon markets through establishing a link between their emissions trading systems (ETS), which have been developing separately since Brexit. The UK has also announced plans to introduce its own CBAM in 2027.
Sonichem is working towards the opening of its first commercial plant in 2027, which is expected to be based in Scotland and will process up to 15,000 tonnes of forestry material annually. In the past, we explored various methods before developing the ultrasound technology to do so effectively. The UK generates approximately 4.5
The UK has the highest industrial energy costs in the developed world. On energy prices, the Strategy outlines plans to reduce electricity costs by up to 25 per cent from 2027 for electricity-intensive manufacturers in growth sectors and foundational industries in their supply chain.
Some 2,400 companies in the EU have set validated net-zero targets through the Science Based Targets initiative (SBTi), and leading companies are cutting emissions, while continuing to grow revenue and market share. For example, IKEA decreased its climate footprint by 6.9
NB Power has selected CanREA member companies to develop four new wind energy projects Fredericton, May 7, 2025 The Canadian Renewable Energy Association (CanREA) congratulates three member companies for signing Power Purchase Agreements representing just over 450 MW of wind energy, as announced by NB Power today.
Yet, compared to other developing regions of the world, sustainability-focused investors have been slow to commit funds to where they are most needed. This needs to change if countries on the continent are to meet their 2050 netzero goals, mitigating and adapting to the impacts of climate change. billion in 2050 , up from 1.5
It has become increasingly apparent that private sector support will be needed to fulfil the New Collective Quantified Goal (NCQG) – putting greater onus on the crowding-in role of multilateral development banks. The UK, it’s worth noting, recently confirmed its CBAM plans for 2027. trillion required annually.
percent reduction factor for 2024 to 2027 and 4.4 An expansion of the EU ETS that covers buildings and road transport emissions is expected to be fully operational by 2027. Today, there are over 40 CCUS projects in development across 13 countries in Europe. billion tons of CO 2 , with an anticipated annual decrease of 4.3
The key principles guiding the industry are the Organisation for Economic Co-operation and Developments (OECD) AI Principles. billion metres cubed of water withdrawal globally by 2027, over half the UK’s annual water use. To address these risks, investors need to apply governance principles and guidelines for managing AI.
A document issued by five government bodies, led by the National Development and Reform Commission, stated that businesses in energy-intensive sectors will be required to buy GECs. Your support helps to strengthen independent journalism, which is critically needed to guide business and policy development for positive impact.
billion budget, raising concerns of inefficient last-minute spending before the 2027 deadline. Launched as part of the European Green Deal to make sure “no one and no region is left behind” in the transition to netzero, the fund was intended in part to retrain workers in areas like coal mines, steel factories and peat fields.
In early January, President Ferdinand Marcos Jr signed the Philippine Natural Gas Industry Development Act, to promote the development of the country’ natural gas as a “safe, efficient, and cost-effective” fuel for power plants and an “indispensable contributor” to energy security. Education 5. Gender equality 6. Economic growth 9.
While considered a landmark deal, some observers say improvements are needed to the package of measures if the maritime sector is to reach netzero by 2050. As well as these absolute reductions, the new agreement also defines a global fuel standard that sets GHG intensity reduction targets for each year from 2027 to 2035.
In 2019, Berkeley became the first city in the United States to ban gas hookups – the infrastructure needed to connect buildings to the gas network – in new developments. Twenty states have passed bills that prohibit cities from banning natural gas infrastructure in new developments. The post A battle brews in U.S.
India-based telecommunications and digital ecosystem provider Tata Communications announced a series of new climate goals and initiatives, including targets to become carbon neutral by 2030, and achieve netzero emissions across its value chain, including Scope 1, 2 and 3 emissions, by 2035. Tata Communications CEO A.S.
DESCRIPTION: ATLANTA, September 28, 2022 /3BL Media/ - Southern Company announced that it delivered the first-ever netzero energy TOUR Championship. The netzero goal includes direct GHG emissions across the company's electric and natural gas businesses. SOURCE: Southern Company.
Over the past year, I’ve been working with Royal Dutch Shell’s aviation division — a relatively small slice of the $344 billion (2019 revenue) energy behemoth — to develop a series of video interviews focusing on what it will take to make aviation sustainable. (I Leisure travel was down even more. Only the air cargo business is up.
The VPPA allows Keysight to support renewable energy development, demonstrating Keysights commitment to mitigate the worst impacts of climate change. Phase III of the project located in Haskell County, Texas, is expected to achieve commercial operation in the first quarter of Keysights fiscal year 2027.
Investors that have set netzero targets for their portfolios have been cautioned to carefully evaluate their positions in majority state-owned oil and gas laggards. The NOC is planning to increase oil production capacity from 12 million barrels per day to 13 million by 2027. billion in 2022, a 46.5%
Organizations are developingnet-zero emissions strategies to take tangible climate action. Sustainable procurement practices have become one of the key enablers in achieving net-zero targets. Reducing scope 3 emissions is a key factor on the journey to netzero.
Governments around the world are promoting clean-burning hydrogen as a critical component of our net-zero drive to avert the most catastrophic impacts of climate change. The firms hope to make a final decision to proceed early in 2024, with plant start-up by the end of 2027. A number of governments agree.
Industrial gases company Air Products announced a significant increase in its planned capital expenditure plans for clean energy projects, boosting its 2018-2027 energy transition investment goal by $4 billion to a new $15 billion target.
and China are the more appealing destinations for net-zero industries.” If the far-right National Rally (RN) wins the domestic elections scheduled for June 30 and July 7, it would claim the post of prime minister, while Macron would continue as president until 2027.
A nuclear engineer who started his career developing oil-fired generation plants for global power giants, Starace announced bold plans when he took the helm at Enel in 2014. Bernabei says that by 2027, Sardinia will be powered by wind, sun and water alone. . Affirming this view was Enel’s new CEO, Francesco Starace.
Alternative solutions are necessary across the entire transport sector, hence the drive toward clean fuel engine development, alongside new exhaust treatment technologies. Summary The development of clean fuel technology will be critically important to the decarbonisation of heavy vehicles.
This utility-scale project, several years in the making, will provide backup storage to Canada’s most populous province and is being built by Six Nations of the Grand River Development Corporation (SNGRDC) and NRStor, a storage start-up, with $50 million in backing from the Canada Infrastructure Bank. We are the first movers.
But the equivalent table [xlsx] from the December, 2021 outlook indicated much heavier reliance on emissions-heavy gas—70% in 2023, 74% in 2024, 91% in 2027, and 100% in 2043. It doesn’t make a lot of sense on multiple fronts.
The company said that the partnerships mark a “new step” in its global Climate Plan, making it possible to achieve netzero carbon for the plants of the ElectriCity cluster – consisting of Renault’s Douai, Maubeuge, and Ruitz manufacturing plants in northern France – in 2025, Europe in 2030 and worldwide in 2050.
Notably, New Brunswick’s energy strategy now includes the development of 1400 MW of new wind power, 200 MW of grid-scale solar power, an additional 100 MW of energy storage, and 300 MW of onsite (behind-the-meter) solar. In order to reach a net-zero economy, the scale and speed of clean energy deployment is going to be unprecedented.
Sustainable infrastructure investor Actis announced today the launch of a new $500 million Japan-focused renewables platform, Nozomi Energy, with targets to achieve 1.1GW of onshore wind and solar power generation by 2027. The new platform comes as Japan looks to rapidly grow its renewable energy capacity.
million) in a Series A funding round, aimed at supporting the acceleration of netzero in the construction industry. The solution enables users across the construction value chain, to developnet-zero building strategies and meet environmental regulations and carbon budgets requirements.
Moller – Maersk announced today a strategic partnership with US-based project developer Carbon Sink LLC to develop green methanol production facilities in the U.S., The commercial start for the project is anticipated to commence in 2027. Integrated container logistics company A.P. starting with a 100,000 tonne per year facility.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content