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
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
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
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
The top two stories suggest that there is a reasonable secondary market in renewable assets. More mature projects being sold into long term funds. That is encouraging. COMPANY NEWS NextEnergy Solar Fund to sell some PV farms to invest in storageNextEnergy Solar Fund has announced plans to sell a 236MW portfolio of subsidy-free UK solar … 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
Apoliogies for smaller and late Titbits. Been a busy week UK news Scottish hydrogen network trial gets underwayHydrogen from Grangemouth site to be transported along 29 kilometre section of previously decommissioned gas pipelinesPlans to build a network of hydrogen pipelines across the UK took a step forward today, with the start of a Scottish pilot … Read More
Two biggies this week: The IPCC 6th assessment report and the UK Government Energy Security Strategy. The former has been applauded for not mincing words and stating categorically that net zero will need direct carbon capture (DCR) as well as renewables. As I show in the focus, that is going to be a hard ask The … Read More
Last Titbits of 2021, and a slight deviation from the usual format. I have chosen four themes that have come to the fore this year and found news items to match the themes. Predictions for 2022: I expect to see an increasing influence of tech, epecially AI, in cleantech and funding of renewable energy projects … Read More
