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European renewable certificates hit all-time high amid hydropower shortage
News

European renewable certificates hit all-time high amid hydropower shortage

The market for European renewable energy guarantees of origin (GOs) saw prices breaking the EUR 6/MWh mark.
November 04, 2022
Nearly all companies committed to net zero will fail goals without doubling pace of carbon reductions by 2030: Accenture
News

Nearly all companies committed to net zero will fail goals without doubling pace of carbon reductions by 2030: Accenture

While more than 34% of the world’s largest companies are now committed to net zero goals, 93% will fail to meet their targets, if they don’t at least double the rate of emissions reduction by 2030, according to a new report from Accenture.
November 02, 2022
Vietnam set to run PPA pilot scheme for renewable energy
News

Vietnam set to run PPA pilot scheme for renewable energy

Vietnam’s Ministry of Industry and Trade (MIOT) is planning a pilot scheme to open up Vietnam’s electricity market to bilateral power purchase agreements (PPAs), which would enable renewable energy generators to directly sell electricity to private off-ta
November 01, 2022
Japan should raise minimum carbon price to $30/tonCO2 to accelerate renewables deployment
News

Japan should raise minimum carbon price to $30/tonCO2 to accelerate renewables deployment

According to a new report from Carbon Tracker, ‘Put a Price on It,’ Japan must replace the current carbon price of $2.6/tonCO2 with a minimum price of at least $30/tonCO2 to prevent gas to coal switching and accelerate energy transition.
October 31, 2022
Walmart suppliers team up to purchase renewable energy
News

Walmart suppliers team up to purchase renewable energy

Five Walmart suppliers joined forces to buy renewable energy from a Kansas wind farm, as part of the retailer’s plan to reduce 1 billion metric tons worth of emissions across its supply chain by 2030.
October 28, 2022
Iberia rolls out carbon offset programme for customers
News

Iberia rolls out carbon offset programme for customers

Spanish airline Iberia has launched the CO2labora, a new carbon offsetting scheme, allowing customers to support two certified climate projects through carbon offsetting.
October 27, 2022
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
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