Focus is on EV charging this week. Whilst compiling it I got to wondering about whether the public charging network and charger availability is keeping up with EV ownership. I am guessing that quite a percentage of readers own an EV. My sense is that there is more competition for charger time than there was … Read More
We truly live in the exponential age: I only heard of sodium-ion battery technology about this time last year and now the first car is being launched running on sodium and gigafactories are being built. I checked the Northvolt website relating to the first story below and it trumpets the arrival of sodium-ion technology too, … Read More
The first week of COP28 did achieve some progress, despite the oppressive presence of fossil fuel lobbyists. Weak oil and gas prices would seem to suggest that they are not having it all their own way. COMPANY NEWS Zenobē reveals £270 million investment from MubadalaBattery energy storage and EV fleet solutions provider Zenobē has received … Read More
From the green perspective the Chancellor’s autumn Statement was more notable for what he didn’t say rather than what he did. There was help for Corporate investment and a promise to cut grid delays (see below). However, there was nothing to help energy efficiency in homes, no address towards the looming Carbon Border Mechanism being … Read More
Ever get the sense that the Government giveth with one hand and taketh with the other? In a long expected but much delayed announcement last weekend DEFRA said that England and Wales would get compulsory weekly food waste collections from 2026. For the AD industry, definitely a “giveth”. COMPANY NEWS Northvolt eyes US$20bn Stockholm IPOSwedish … Read More
There is some kind of irony that the developed world put the CO2 into the atmosphere and Africa takes it out (see below) COMPANY NEWS Siemens Energy to deploy ‘first’ synchronous condenser-BESS hybrid project in IrelandIt pairs a synchronous condenser, including a flywheel, capable of injecting 4000MW of inertia into the grid, and a large … Read More
COMPANY NEWS Lazard Asset Management takes stake in rooftop solar companyRooftop solar developer and owner Shawton Energy has seen a change in ownership. Iona Capital, the UK low carbon sustainable fund manager, has sold its interest in the company to a fund sponsored by Lazard Asset Management. As a result of the transaction, Lazard’s Sustainable … 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
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