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Smart Energy Finances: Enel sells 50% stake in Gridspertise

Smart Energy International

This week’s edition of Smart Energy Finances looks at Enel SpA ‘s sale of 50% holdings in Gridspertise to CVC for a joint ownership scheme. Also on the financial radar this week, two separate green bonds have been announced in different parts of Europe. The closing of the sale is expected by the end of 2022.

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Iberdrola and 50Hertz sign construction agreement for Baltic Eagle offshore substation

Renewable Energy World

The offshore substation will house the technical equipment to collect the electricity produced by the wind turbines and connect it to the onshore transmission grid in Lubmin. It will be shared between the Baltic Eagle and the 350-MW Wikinger offshore wind farm. Commissioning is expected in 2024.

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Revealed: Media Blitz Against Heat Pumps Funded by Gas Lobby Group

DeSmogBlog

An energy trade association that represents and promotes gas boilers and manufacturers is behind a barrage of negative press attacking heat pumps, DeSmog has learned. Much of the media coverage about heat pumps features Mike Foster, a former Labour MP and the chief executive of the Energy and Utilities Association trade body.

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Global Briefing: Coronavirus crisis will have 'negligible' impact on emissions without green recovery, study warns

Business Green

A new report published in the journal Scientific Reports has warned that extreme droughts are set to become much more frequent across central Europe in the coming decades as climate impacts escalate. Study: China accounts for over 90 per cent of planned global coal power capacity. Fresh warnings of European drought risks.

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Scaling energy communities for a more optimal energy market design

Smart Energy International

Dr Ana Trbovich, cofounder of Grid Singularity and the Energy Web Foundation, reports on a new study on the financing of energy communities. External financial support is generally only required for energy communities until two regulatory-related conditions are met. The study, titled ‘The decentralised energy system in 2030.

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'Half measures won't halve emissions': The green economy reacts to IPCC's climate solutions report

Business Green

The third in a trilogy of reports over the past year or so, today's - dubbed Climate Change 2022: The Mitigation of Climate Change - was particularly highly anticipated due to its focus on solutions to the aforementioned crisis the world currently faces, in terms of technologies, policies, nature-based measures and finances.

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Global Briefing: EU emissions fall but SUVs drive up transport CO2

Business Green

per cent in 2019, largely thanks to the ongoing decarbonisation of the heat and power industry through the bloc's emissions trading system (ETS), European Environment Agency (EEA) shows. Greenhouse gas emissions across the European Union's 27 member states fell by an average of 3.8 EU carbon border import tax plans take shape.