Looking at the selections this week, two kinds of innovation are featured: First are the “out of the box thinking” type such as the burying of biomass and the fracking energy storage. The second is the Government sponsoring the long term ambitions of the fusion industry, and trying to pick winners. COMPANY NEWS AstraZeneca Partners … Read More
Our beloved Government seem to be dropping more balls than Scottish goalkeepers of the 1980’s. It has become so regular that the excuses all sound equally rediculous: “most schools won’t fall down” and “the CfD’s are enabling more projects”. Strewth. COMPANY NEWS H2 Green Steel raises €1.5b for ‘world’s first green steel plant’In the largest … Read More
I hope that in times to come it will be seen as one of the scandals of our age that governments continued to subsidise fossil fuels even though they were well aware of the damage to climate and health. COMPANY NEWS Octopus acquires Shell EnergyShell has reached an agreement to divest its home energy businesses, … Read More
COMPANY NEWS E.ON issues €1.5bn green bond packageE.ON has not disclosed how oversubscribed the bonds were, but chief financial officer Marc Spieker said there was “high demand from investors”.Proceeds from the bonds will be used to support E.ON’s energy transition plans for 2024. The company’s Green Bond Framework outlines projects eligible for support from the … Read More
There is something so dysfunctional at work. Surely any sane government would be proclaiming loudly that, according to its own research, by 2025 gas power will be three times the price of solar or wind. Not here it doesn’t. COMPANY NEWS Enerkem and Technip Energies sign MOU to promote waste to biofuels techA new partnership … Read More
You don’t have to be a conspiracy theorist for this one, but I think the UK Government is quietly cutting the environmental protections for industry. The FT spotted that the carbon price in the UK ETS has, since March, diverged noticeably from the EU ETS, which it had tracked ever since its post-Brexit launch. As … Read More
We are now officially in La La Land. This week Antonio Guttieres, the UN Chief suggested that we are now entering the era of “Global Boiling”, and according to the Guardian water temperatures in the Florida Keys Ocean were recorded at 38.43C, a temperature you would expect in a hot tub. Meanwhile in an alternate … Read More
Every week there seems to be a story telling us how the UK is squandering its lead in the race to net-zero, or, at least that we are falling behind our targets in most areas. So as to avoid depressing you all I am away for a couple of weeks, so next episode will be … Read More
One of the great pioneers of the digital and clean energy age, John Goodenough died this week, aged 100. He won the Nobel Prize in 2019 for his work developing the lithium-ion battery, a transformative technology if ever there was one. He also became the oldest winner of the award and quipped that he was … Read More
The whole spctrum of the energy transition in one week: Renewables – storage – smart grids – hydrogen planes – ethical investing – biodiversity & carbon credits – air pollution plus more. COMPANY NEWS Adaptogen’s battery fund nets £207m, over-subscribed by 18%Adaptogen Capital said this morning it has attracted £207 million of investors’ pledges to … Read More
