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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.
UN Chief: ‘the Answer Is in Our Hands’
During his speech at COP27, António Guterres said that “we are losing the fight of our lives” against climate change.
Carbon Emissions
COP27: UAE Says Will Carry on Pumping Oil Responsibly
The United Arab Emirates will be a responsible supplier of oil and gas for as long as the world needs.
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.
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