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Smart Energy Finances Weekly: Elia Group outlook at negative & Adani’s smart metering subsidiary

Smart Energy International

This week’s edition of Smart Energy Finances – the first of 2023 – sees S&P Global downgrade Elia Group and Eurogrid’s outlook from stable to negative while Indian transmission company Adani Group announces BSML – a smart metering subsidiary. Elia Group and Eurogrid’s outlook down to negative.

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Siemens publishes advice for businesses on steps to decarbonise

Envirotec Magazine

Businesses who fail to act on decarbonisation risk exposing themselves to potential risks from policy-driven increased operating costs, increased energy costs or increased compliance costs. Industry leaders have paved the way, with Google having been carbon-neutral since 2007 and Microsoft since 2012.

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Biomass Energy: Pros and Cons Explained

Hydrogen Fuel News

As the quest for sustainable energy intensifies, biomass emerges as a pivotal player in the arena of renewable resources. This exploration into the realm of biomass energy untangles the complexities and delves into its multifaceted nature, uncovering the potential of plant-based and waste-derived materials as alternative sources of power.

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

GreenTechMedia

gigawatt natural gas power plant in the U.K. have been shelved by the developer Drax, highlighting the challenging economics of converting coal-fired power to a cleaner, but still fossil-fuel-fired, alternative. ’s largest power plant. GW of power output to biomass, with a remaining 1.3 Plans for a new 3.6-gigawatt

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How Siemens Gamesa Could Give Coal Plants a Second Life

GreenTechMedia

Ten years ago, Siemens Wind Power, as it was then known, started playing around with a concept for a thermal energy storage system. By next year, it could be breathing new life into coal power plants that are currently scheduled for a date with a wrecking ball. gigawatts of new coal-fired power capacity since 2006.

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What’s the difference between net-zero and carbon-neutral policies?

Renewable Energy World

As understanding of the climate crisis increases and the harm to ourselves, the environment, business, industry, and the economy that will follow, so a desire to not only reduce carbon but to be seen reducing carbon increases. In both cases, carbon offsetting removes CO 2 from the environment.

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So, What Exactly Is Building Electrification?

GreenTechMedia

So, why is it that “building electrification” is now among the energy industry’s most popular buzzwords? They use electricity to power lights, refrigerators and electronic devices. And they consume fossil fuels such as natural gas or propane to power furnaces, boilers, and water heaters.