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CBAM Ignites New Era of Equitable Contest in Europe

Hydrogen Fuel News

As of October 1, 2023, the EU’s CBAM has entered into its transitional phase The Carbon Border Adjustment Mechanism (CBAM) is a groundbreaking strategy devised by the European Union (EU). It’s designed to equalize the price of carbon between domestic products and imports, thereby ensuring fair competition in terms of carbon costs.

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Customer-centric demand response a key solution for Japan’s energy transition challenges

Smart Energy International

Japan’s electricity sector is facing the triple challenges in the energy transition of energy security, cost and decarbonisation , writes James Tedd from GridBeyond. Imported fossil resources contribute to all three of the challenges of the energy transition.

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After Rapid Success in Japan, Moixa Prepares for International Storage Push

GreenTechMedia

based energy storage developer, is prepping for international expansion supported by a future funding round and leveraging the scale of its ongoing growth in Japan. The firm is now managing a network of more than 10,000 residential batteries in Japan, networked and managed as a fleet, less than a year after entering the market.

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Energy crisis: Labour unveils £6bn home insulation plan, as pressure mounts on government for action

Business Green

Liz Truss, Rishi Sunak and Downing Street face mounting pressure to ramp up support for energy efficiency and billpayers as autumn draws nearer. Britain's cost of living crisis is getting worse, leaving people scared about how they'll get through the winter," said Starmer.

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Macquarie consortium to buy controlling stake in Britain's gas network from National Grid

Business Green

Investors eye major role for hydrogen in decarbonising UK's gas and energy system after deal valuing business at £9.6bn. National Grid's 7,660-kilometre transmission system plays a critical role in the UK energy landscape, transporting the gas needed to heat homes and power industry and electricity generation.

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Energy Security Strategy: Nuclear and hydrogen tipped for big wins, but will Treasury block efficiency plans?

Business Green

Latest round of reports on long-overdue energy independence plan suggest Number 10 and 11 continue to be at loggerheads over the cost of actions that could protect consumers from record energy bills.

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

Business Green

However, the report also highlights how engineering a 'green recovery' backed by major investment in low carbon infrastructure could significantly increase the chances of the world meeting the 1.5C Study: China accounts for over 90 per cent of planned global coal power capacity. warming target at the heart of the Paris Agreement.