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
Glad to see the post about the boom in renewables, below. I hope that the UK will join in, although messages are mixed currently. A good example being that we criticise the President of DR Congo for issuing licenses to drill for oil in peatlands and then issue plenty of our own in the North … Read More
Will the real Kwasi Karteng please stand up: this week our Energy Secretary has bemoaned the use of imported biomass at Drax saying that it is not sustainable and “makes no sense to me”. The next day he announces a new consultation from the govenment to encourage Bioenergy with carbon capture (see below). His stance … Read More
So, we do have a windfall tax on oil companies in the UK, but the not-an-emergency budget has left hanging the prospect that electricity generators might be hit too, which would undoubtedly affect renewables investment and, yet again nothing on energy efficiency. Company news Polestar invests in extreme fast charging battery company StoreDotPolestar has made … Read More
Two significant news items from the UK this week: the increase in frequency in CfD auctions and the proposals to reform the Solvency II rules which could allow insurance companies to roll out considerably more clean infrastructure investment. Company news SSE ramps up Net Zero Acceleration Programme with new carbon targetsSSE has today announced an … Read More
One has to admire the Climate Change Committee. They are not afraid to apply a cattle prod to the posterior of this lackadaisical government Company news Drax joins with Bechtel to seek bioenergy CCS projectsDrax has joined with engineering, construction and project management company Bechtel to identify opportunities to construct new ‘bioenergy with carbon capture … Read More
The Trump years created such an air of despondency within the environmental industries that we felt that it would take years to recover the lost ground. Team Biden seem to be doing a great job of helping lift the gloom by moving quickly to reverse the harmful legislation and doing so with a purpose. Company … Read More
I remember seeing an impressive presentation years ago about the idea of using ammonia as a zero carbon fuel for certain applications. Some ideas take a long time to take hold Company news Rolls-Royce unveils plans to build 16 mini nuclear plants in the UKRolls-Royce is pushing for the UK government to provide a multi-billion-pound … Read More
