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IEA: World added record renewable power capacity in 2021, despite cost and logistical challenges

Business Green

Energy body predicts another bumper year for renewables this year, but warns policies introduced in next six months will determine whether momentum can be maintained beyond 2022. But it warns that efforts to ramp up clean power needed to happen in tandem with energy efficiency measures that kept energy demand in check.

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Can the US Catch Up in the Green Hydrogen Economy?

GreenTechMedia

Andy Marsh, CEO of report sponsor Plug Power, noted Monday that the company’s hydrogen fuel cell-powered forklifts and distribution center vehicles used by customers like Amazon, Walmart, Home Depot and Lowe’s are using about 27 million tons of hydrogen per day, supplied by its more than 100 fueling stations across the country.

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Rising battery storage costs: A long-term trend or short term blip?

Business Green

The price of battery energy storage systems rose for the first time since records began in 2022, as raw material and component costs soared, and developers and system integrators increased their margins in the face of challenging economic headwinds and soaring energy costs worldwide.

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Fortum and Uniper team to manage operations of generating assets

Renewable Energy World

Fortum and Uniper have finalized the first planning phase in three strategic cooperation areas: Nordic hydropower and physical trading optimization, wind and solar development, and hydrogen. The new operating model is planned to be implemented at the beginning of 2022. Ownership of Uniper’s hydro assets would stay with Uniper.

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Comment: Europe’s struggle to understand energy economics

Envirotec Magazine

EU Commission President Ursula von der Leyen delivers a speech during a special plenary session of the EU Parliament in Brussels on March 01, 2022 (image credit: Alexandros Michailidis / Shtterstock.com). On behalf of environmental group RePlanet, energy specialist Joris van Dorp offers a deep analysis of the key messages in Europe’s policy.

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Global Briefing: Australian Government agrees to cap greenhouse gas emissions

Business Green

Ursula Woodburn, director of the business network CLG Europe, said: "Continued degradation of nature threatens the sustainability of European businesses through unforeseen and often unmanageable disruptions from operations to supply chains.

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Cascadia is known for strong climate action. So why are emissions still rising?

Grist

The answer, according to activists, experts, and officials, is to identify the region’s next steps for climate-cutting action, and press harder in 2022. British Columbia is counting on a new hydropower plant to provide the extra clean power it needs to push vehicles, buildings, and industries off of petroleum and natural gas.