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Resource demand gap requires investment, says water minister

Envirotec Magazine

Robbie Moore MP, UK government minister for water, has addressed the demand gap in resources during his keynote address at British Water’s International Reception, which took place in London on 19 February 2024. He called for greater collaboration and innovation in finding solutions.

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Could trash-to-energy technology feed hydrogen demand?

GreenBiz

Could trash-to-energy technology feed hydrogen demand? Deployed at scale, hydrogen from all sources could account for almost 20 percent of energy consumed by 2050, projects the Hydrogen Council. The annual demand could reach 19,120,458,891 tons by then, representing a tenfold increase from 2015 to 2050. . Arlene Karidis.

Demand 519
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Inside Hewlett Foundation’s plan to electrify all road transportation by 2050

GreenBiz

Inside Hewlett Foundation’s plan to electrify all road transportation by 2050. The goal: eliminate the use of the combustion engine in personal vehicles and the trucking industry by 2050. In the past, the strategy was around minimizing pollution through reducing the demand for miles, energy and engine efficiency, and mobility pricing.

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Current incremental levels of change insufficient to meet global net zero ambitions by 2050, says KPMG report

Envirotec Magazine

Coal-fired power plant chimneys: In fast-growing economies, rapidly increasing energy demand is triggering investment in both low carbon and fossil fuel generation, leaving certain countries, including India and China, unlikely to reach net zero until much later.

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Hitachi Energy expands German power transformer facility to address demand

Smart Energy International

Hitachi Energy has announced an investment of more than €30 million ($32 million) in the expansion and modernisation of its power transformer manufacturing facility in Bad Honnef, Germany. Additionally, according to Wood Mackenzie authors , demand for transformers has been increasing due to their high lead times and supply chain constraints.

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Eurelectric calls for immediate doubling of investments in Europe’s distribution grids

Smart Energy International

For the urgent modernisation of Europe’s distribution grids, investment needs to be doubled to €67 billion ($73 billion) per year from 2025 to 2040, dropping back to 1.7 times in the decade to 2050. Whilst this [doubling of investment] will require a significant ramp up, the cost of not investing is even higher.”

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HSBC invests in world’s first ‘reef credit’ system

GreenBiz

HSBC invests in world’s first ‘reef credit’ system. Selling the reef credits funds investments in more efficient fertilizer practices such as matching the application to the needs of specific crops and removing compact soil to decrease excess runoff, according to GreenCollar. Jesse Klein. Mon, 12/07/2020 - 01:45. HSBC paid $36.40