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UK enjoys record-breaking 2022 for renewables
News

UK enjoys record-breaking 2022 for renewables

A record-breaking level of green energy was generated in the UK in 2022, according to new analysis from Imperial College London for Drax Electric Insights.
January 05, 2023
Germany earns record 13 billion euros from carbon pricing
News

Germany earns record 13 billion euros from carbon pricing

Europe’s carbon market and national scheme for heating and transport brought Germany a record 13.2 billion euros in 2022, the Federal Environment Agency (UBA) said on Tuesday.
January 04, 2023
Brussels plans energy market reform to curb renewables cost
News

Brussels plans energy market reform to curb renewables cost

Brussels plans to overhaul the bloc’s electricity market to prioritise cheaper renewable energy, European Union’s energy commissioner Kadri Simson has said, despite industry warnings that the reforms could smother investment in wind and solar projects.
January 03, 2023
Taiwan sets new emissions reduction goal for 2030
News

Taiwan sets new emissions reduction goal for 2030

Taiwan aims to reduce carbon emissions by 23-25% by 2030 compared with 2005 levels in pursuit of achieving net-zero carbon emissions by 2050, the National Development Council said Wednesday at a press conference.
December 30, 2022
Delhi High Court suspends REC trading for six weeks
News

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 29, 2022
Collapse of Finland's carbon sinks wipes out decades of efforts to reduce emissions
News

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 28, 2022
H&M signs PPA for 90 MWp solar park in Sweden
News

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 27, 2022
CERC raises fees & charges on REC certificates
News

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 26, 2022
China’s ETS trading volume crosses 10 billion yuan mark
News

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
Swiss university launches tool to calculate CO2 emissions from electricity mix
News

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 22, 2022
Australia’s proposed GO scheme for renewable electricity under consultation
News

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 21, 2022
EU strikes deal on major carbon market reform
News

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 20, 2022
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