As if the world wasn’t divided enough the arguments rage now between those who think fracking is the answer to the energy crisis and those who want more renewables to reduce dependency on unreliable sources. I don’t need to suggest which side of that chasm Titbits sits on but there is a good summary of … Read More
Regular readers will know the exasperation that each successive report from the IEA generates. Every year they have to upgrade their forecasts for renewables sales and downgrade the costs. Imagine our surprise when they finally stop playing catch-up and publish their Net-Zero roadmap (see below). Do not underestimate the significance of this. Despite their failings … Read More
We have all heard that the recovery from the pandemic will be a great opportunity to “build back greener”. Governments all over the world have proclaimed this as a silver lining to the misery of the last 18 months, but which countries are actually delivering on this promise? This chart from the Oxford Global Recovery … Read More
When is a new injection of cash not a new injection of cash? When the Government announces a new initiative which in fact has already been announced a year or so ago. This Government is good at that game and was playing it once more with this week’s Industrial Decarbonisation Plan. Company news Nest to … Read More
Another exciting new mnemonic for the lexicon: NDC, or “nationally determined contribution”. All the signatories to the Paris Agreement are meant to announce their pledge by the year end. As host next year it was important that we lead from the front. Credit where it is due, we have with a commitment to reduce emissions … Read More
According to WRAP food waste contributes 6x the greenhouse gas emissions that aviation does. That came as a surprise to me. Company news Lightsource bp completes financing on Bighorn SolarLightsource bp has successfully closed on a $285 million financing package for its Bighorn Solar project, which will be located on EVRAZ Rocky Mountain Steel mill … Read More
Chapeau to the EU for their Green Recovery Package. Spot on for breadth, depth and timing. Company news £900m net zero infrastructure plan proposed by Britain’s gas networksPlans to invest more than £900m in switching Britain’s gas grid from using methane natural gas to hydrogen and biomethane have been unveiled today by the country’s five … Read More
Encouraging to see some big renewables projects getting a green light. My sense is that developers are keen to build projects despite the current state of power prices. Company news Limejump adds Ylem Energy peaker to its managed assetsLimejump has added a 20MW gas-fired peaking project, owned and developed by Ylem Energy to its award-winning … Read More
What will be the new normal after CV-19? Not a particularly original question I admit. As I sit at my home office looking out at a sunny and windy day I glance at Gridwatch (see snapshot below) which tells me that over 30% of the UK’s energy is being generated solar and wind, more than … Read More
As you can tell from the clips on here over the last few weeks it is hard to tell quite how much to celebrate the sight of negative oil prices, not a time for schadenfreude maybe. Company news Future Biogas look to pass on their scientific knowledgeFuture Biogas were one of the first players at … Read More