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Smart Energy Finances Weekly: Elia Group outlook at negative & Adani’s smart metering subsidiary

Smart Energy International

This week’s edition of Smart Energy Finances – the first of 2023 – sees S&P Global downgrade Elia Group and Eurogrid’s outlook from stable to negative while Indian transmission company Adani Group announces BSML – a smart metering subsidiary. Elia Group and Eurogrid’s outlook down to negative.

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Drax Cancels Plan to Build Europe’s Largest Natural Gas Power Plant

GreenTechMedia

gigawatt natural gas power plant in the U.K. have been shelved by the developer Drax, highlighting the challenging economics of converting coal-fired power to a cleaner, but still fossil-fuel-fired, alternative. ’s largest power plant. GW of power output to biomass, with a remaining 1.3 Plans for a new 3.6-gigawatt

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Electrification gets down to the wire

GreenBiz

It’s a shockingly heady time for electricity. The push to quickly transition carbon-intensive activities away from fossil fuels while meeting the world’s growing energy needs has put electricity producers and consumers squarely in the forefront of the emerging clean economy. Subscribe here. Surge protection.

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Siemens publishes advice for businesses on steps to decarbonise

Envirotec Magazine

Businesses who fail to act on decarbonisation risk exposing themselves to potential risks from policy-driven increased operating costs, increased energy costs or increased compliance costs. Industry leaders have paved the way, with Google having been carbon-neutral since 2007 and Microsoft since 2012.

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So, What Exactly Is Building Electrification?

GreenTechMedia

Buildings were first electrified nearly 150 years ago. So, why is it that “building electrification” is now among the energy industry’s most popular buzzwords? Most buildings run on multiple fuels. They use electricity to power lights, refrigerators and electronic devices.

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Inside Google’s Bid to Get Granular on Renewable Energy Credits

GreenTechMedia

In the decades since the voluntary renewable energy credit marketplace cropped up, a bevy of options for acquiring renewables has bloomed. Companies can choose from options including buying RECs, investing in onsite renewables and signing virtual power-purchase agreements. terawatt-hours, with renewables at all times of day and night.

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How carbon capture, usage and storage could help 'level-up' across the UK

Business Green

Now is the time to make up for years of little progress in developing and deploying this essential technology, writes LSE's Esin Serin, policy analyst at the Grantham Research Institute on Climate Change and the Environment. Carbon capture, usage and storage (CCUS) will be essential to achieve net zero emissions.