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Energy Transition

Global Climate Pledges Lack Renewables Ambition Warns IRENA

Despite the Glasgow Climate Pact to upgrade 2030 targets in national pledges, the collective level of energy transition ambition to date is not enough.

Energy Storage System

Enel and Brenmiller Energy Trial Rock-Based Storage System in Italy

Enel Group and storage solution developer Brenmiller Energy have inaugurated a thermal energy storage system in Tuscany, Italy.

Cold Climate Heat Pump Tech Developed for Heating Efficiency Below Zero

Cold climate heat pump tech is being developed by Trane Technologies in the US to ensure high-efficiency heating in freezing temperatures.The Systems Extreme En…

Smart Grid

EIB and Endesa Sign €250mn Smart Grid Credit Line

Endesa and the European Investment Bank (EIB) have signed a €250 million ($249.8 million) smart grid credit line to boost Spain’s distribution network.

Carbon Emissions

COP27 Kicks off With Deal to Discuss Climate Compensation

Move to formally discuss issue followed late-night talks.

SMR

Fortum and MIT Launch SMR Cost Estimation Tool

Finnish energy company Fortum has collaborated with MIT to launch a Nuclear Cost Estimation Tool (NCET) that enables more precise cost estimation and risk asses…

Hydrogen Technology

Shell and GE Gas Power Pursue LNG Decarbonisation Path Using Hydrogen

GE Gas Power and Shell Global Solutions have signed a development agreement to pursue potential pathways to reduce the carbon intensity of Shell’s liquefied n…

LNG

Canadian LNG Exports to Asia Could Cut Emissions by the Equivalent of Removing All Vehicles From Canadian Roads, New Study Shows

Canadian liquefied natural gas (LNG) exports to Asia could reduce annual emissions by the equivalent of removing every single car from Canadian roads.

Carbon Emissions

Saudi Arabia Commits $2.5 Bln to Middle East Green Initiative - Crown Prince

Saudi Crown Prince Mohammed bin Salman speaks during the Future Investment Initiative Forum in Riyadh, Saudi Arabia October 24, 2018. Bandar Algaloud/Courtesy o…

Egypt

Gates Foundation Gives $1.4 Bln Climate Help to Smallholder Farmers

The Bill & Melinda Gates Foundation has pledged $1.4 billion to help smallholder farmers cope with the impacts of climate change, part of efforts at global clim…

Net Zero Emission

World Must Double Renewable Power Targets to Achieve Net Zero, Irena Says

Despite some progress, the transition is 'far from being on track', says Irena director general Francesco La Camera.

United Kingdom

University of Manchester and National Grid Develop SF6-Free Retrofill Solution

National Grid and the University of Manchester are to collaborate on a four-year project to develop a full-scale demonstrator at the Deeside Centre for Innovati…

Smart Meter

Flexibility Service Pays UK Smart Meter Homes to Reduce Energy Use

National Grid ESO is running a demand flexibility service this Winter where UK energy consumers with smart meters will be paid to reduce their consumption.

Coal-Fired Power Plants

New Application Leverages AI to Support Coal Plant Conversion

UK-based non-profit Terrapraxis has announced that its new Evaluate application is live and available for coal plant owners and investors to assess coal plants …

Carbon Pricing

IMF Chief Says $75/Ton Carbon Price Needed by 2030

The price of carbon needs to average at least $75 a ton globally by the end of the decade for global climate goals to succeed.