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5 circular economy startups we've got our eyes on

GreenBiz

In 2020, investments into early stage climate tech companies topped $60 billion and grew at a faster rate than all VC investments from 2013 to 2019. And at Accelerate this year, you will hear from entrepreneurs who are based in cities across Europe, Africa, and the U.S. . Tammy Hsu and Michelle Zhu. Courtesy of. Close Authorship.

Startups 513
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Drax Cancels Plan to Build Europe’s Largest Natural Gas Power Plant

GreenTechMedia

It would have been the largest gas plant in Europe and, unsurprisingly, drew the attention of environmental groups. It plans to add carbon capture and storage to the biomass plants, taking them to a negative-emissions status. ” Drax said its negative-emissions BECCs plants will be privately funded. MW of capacity.

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

GreenTechMedia

Europe is still plotting the course towards being net-zero by 2050, but no matter the shape it takes, it will surely involve hundreds of gigawatts of new renewable power capacity. By the end of 2019, the total tally (plus the U.K.) GW installed during 2019, indicating the ramp-up required to meet that goal. was 22 GW with 3.6

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Embracing the suck

Envirotec Magazine

Most people seem to believe some form of carbon capture and storage (CCS) will be necessary, although many are stil sceptical of an arguably “unproven” and ambitious technology. In 2018 Carbon Engineering founder David Keith – a physicist at Harvard – explained how it could be done for $94 to $232, writing in the journal Joule.

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Drax predicts turbine upgrade set to slash biomass power prices by a third

Business Green

Project is one of a number of key investments at the site that aim to push down low carbon energy costs, as it looks to advance deployment of 'carbon negative' technologies. As a result the site has cut carbon emissions by more than 90 per cent since 2012, making it one of the lowest carbon energy generators in Europe.

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E.ON Wants Germany’s Stimulus Plans to Back Cheap Green Power

GreenTechMedia

Any shortfall in that support should be covered by federal funding, including proceeds from the new carbon tax, Teyssen said Tuesday. Reduced demand during the coronavirus lockdown, coupled with ample wind and solar generation, has seen German power prices go negative, even more so than usual. billion) in Q1 2019 to €17.7

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Investigation reveals almost 130,000 tonnes of carpet incinerated annually

Envirotec Magazine

Changing Markets, Zero Waste Europe and UKWIN call on the UK government to adopt legislation to increase carpet recycling rates. The current system means society is throwing away or burning billions of pounds of valuable materials, while polluting the environment and negatively impacting on human health. ” Recommendations.

Recycling 246