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Making the UK’s net zero target real: Professional services firm comments on progress

Envirotec Magazine

To achieve this it will require an annual reduction in carbon intensity of 9.7%, according to the latest “Low Carbon Economy Index (LCEI)” produced by professional services firm PwC. It was only in 2014 that the UK achieved the 9.7% If the UK is able to achieve the required 9.7% Emission reductions and what’s next.

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Has the IPCC just given the green light for a renewed focus on carbon removals?

Business Green

The world's top climate scientists have updated their guidance on carbon removals technologies, arguing they are likely to prove essential to stablising global temperatures, but only if they are developed judiciously.

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Europe’s Energy Storage Market Is Fading, Right When It’s Needed Most

GreenTechMedia

While the political will appears well-aligned on meeting those massive renewables targets, the same can not be said unequivocally of energy storage and other flexibility investments, such as interconnectors. In 2014, EMEA, dominated by Europe, represented 44 percent of global energy storage deployment.

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Why Flexible Gas Generation Must Be Part of Deep Decarbonization

GreenTechMedia

“They are donating all of this electricity they paid highly for in subsidies to other countries, often with negative prices,” said Jussi Heikkinen, director of growth and development for the Americas at Wärtsilä, a Finnish company that manufactures battery storage and flexible gas power plants.

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Why Aren’t Lower Renewable Costs Cutting European Energy Market Prices?

GreenTechMedia

Paul-Frederik Bach, a former transmission system operator executive, started tracking European wholesale electricity prices on his blog in 2014. That’s despite the fact that renewable generation is increasingly contributing to low or even negative pricing on spot markets. He used a colored map for different price bands.

Energy 130
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Will Covid-19 Permanently Shrink The Fossil Fuel Industry?

R-Squared Energy

as well as a surge of renewable capacity aided by legislation aimed at curbing carbon dioxide emissions. This slowdown had a negative impact on fossil fuel demand. Meanwhile, renewables may see a small negative impact from the pandemic in the short term – but the move toward green energy may gain momentum as the COVID-19 threat fades.

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Revealed: How Development Banks Underwrote Fast Food’s Global Takeover

DeSmogBlog

In 2011, the IFC lent poultry company Ust-Kamenogorsk Poultry (UKPF) invested $2 million in refurbishing housing for chickens, among other projects. In 2016, the EBRD made a $20 million equity investment in the company’s parent, Aitas, to finance the construction of a new facility to raise and process poultry.

Africa 101