Remove Business Energy Monitoring Remove Europe Remove Fossil fuels Remove Hydropower
article thumbnail

Power supply challenges leave 350 million with major outages – study

Smart Energy International

Some 350 million people, more than 4% of the global population, were impacted by a major power outage in 2021 as the combination of traditional market challenges and new factors disrupted the operations of energy systems, according to a new report released by research firm IHS Markit Global Power and Renewables. Have you read?

article thumbnail

'How to withstand Russia's energy blackmail': IEA warns further clean energy measures 'vital' to closing gas supply gap in 2023

Business Green

Additional €100bn for renewables, heat pumps, energy efficiency, and biomethane needed as EU faces 'sterner' gas supply test next year, IEA warns. The additional €100bn the IEA said is required to bolster Europe's clean, efficiency energy sources in 2023 amounts to less than a third of that mobilised by EU member states so far this year.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

'Fundamental change': How write downs and bankruptcies are fuelling stranded asset fears

Business Green

Shell and BP are writing down assets while a raft of US fracking firms are entering bankruptcy protection – change is coming to the fossil fuel industry faster than anyone expected. The stranded asset hypothesis just got real. However, the contention that the new price projections are more realistic is contestable.

article thumbnail

Can the 150-year old London Metal Exchange broker a low-carbon future?

Business Green

Specialising in metal futures and options, the LME also operates a global warehouse network of more than 600 storage facilities, and boasts the distinction of being the last physical trading floor in Europe.

Carbon 36
article thumbnail

LNG Projects Make Claims of ‘Net-Zero’ to Ease Way for Expansion

DeSmogBlog

However, while on the surface it may appear to be a positive shift towards lowering the greenhouse gas impact of their projects, the rhetoric about carbon-neutral LNG is mostly hollow, in another attempt to greenwash new fossil fuel projects into existence. Premier John Horgan (left) announce plans to use hydropower at B.C.’s

article thumbnail

China and the EU: Two More Reasons Why 2020 Will Be a Make or Break Year

Green Market Oracle

This year is also important from the perspective of a major shift away from dirty energy. I have explained how investors, insurers and banks are abandoning fossil fuels. Early in 2020 the Guardian become the first major news organization to refuse ads from fossil fuel companies.

article thumbnail

Global Briefing: UN shines spotlight on e-waste opportunity

Business Green

Plus all the top green business news from around the world this week. The UN has this week published its annual Global E-waste Monitor report , revealing that at least $10bn of gold, platinum, and other precious metals were lost each year as part of the world's growing e-waste mountain. The new RWE has been completed," he said. "It

Waste 73