It would seem that, from this week’s stories, the network companies have been listening to Ed Milliband’s four horsement speach. COMPANY NEWS Microsoft and Brookfield Sign $10-Billion Renewable Power DealThe agreement is for bringing around 10.5 GW of solar and wind power between 2026 and 2030—a capacity that would cost over $10 billion to develop, … Read More
It is disappointing that Shell have “adjusted” their energy transition goals, even if it really is just tinkering. The oil majors could help drive the transition in a major way, and are doing so to some extent, but announcements like this give the impression that their priorities are to maximise the revenues from their legacy … 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
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
Life in the UK can hardly get more exciting: a coronation one weekend, the Eurovision the next! In the spirit of the current weirdly camp national mood I would draw your attention to an entertaining video produced by Vattenfall to promote the only by-product from the manufacture of Green Hydrogen, namely water. They enlist supermodel … Read More
Here is a question for you: what do the following companies have in common: Deutsche Telekom, Porsche, Inditex, Currys, WPP? Answer: They all came in the top ten in this year’s FT’s Climate Leaders list, that compares emissions reductions across a number of metrics. See the whole list HERE COMPANY NEWS Musk says Tesla will … Read More
