International Energy Agency chief warns of need to prevent post-lockdown surge in emissions The world has only six months in which to change the course of the climate crisis and prevent a post-lockdown rebound in greenhouse gas emissions that would overwhelm efforts to stave off climate catastrophe, one of the world’s foremost energy experts
There are “early signs” of domestic renewable energy installations recovering, according to the MCS. As restrictions imposed due to COVID-19 are lifted by the government, there are signs that the UK’s domestic renewable energy installation market may be recovering, MCS chief executive Ian Rippin said. The MCS has been working with its stakeholder community
Energy secretary Alok Sharma has turned down an application for a development consent order (DCO) by Vattenfall Wind Power Ltd to extend Thanet offshore wind farm. The Nationally Significant Infrastructure Project (NSIP) application sought permission to construct and operate up to 34 wind turbine generators and associated offshore and onshore infrastructure approximately 8km off
There have been some memorable scorelines over the years. The two most important of all time are, of course, Nottingham Forest 1 : Malmö 0 and Nottingham Forest 1 : Hamburg 0, to win the 1979 and 1980 European Cup finals. And, yes, I’d really like East Fife 4 : Forfar 5 to actually
Industry voices in the UK have said that electricity market activity during the COVID-19 pandemic shows that the network will become prohibitively expensive and possibly unmanageable without the further rapid deployment of energy storage. In article published last week by our UK-based energy transition site, Current±, Aaron Lally, head of trading at aggregator and
In the three years after countries signed the landmark Paris Agreement, the UK nearly doubled its public finance support for fossil fuel projects. A new report shows the UK spent an average of £1.3 billion annually on the projects since countires agreed the climate deal. In contrast, in the same period to the end
FRANKFURT (Reuters) - The use of batteries for energy storage is expected to grow faster than that of other flexible assets in the period to 2030 and beyond, as renewable energy generation expands, consultancy Wood Mackenzie said in research published on Wednesday. Battery storage will increase to 26 gigawatts (GW) by 2030 from 3
Renewable power shares are outperforming fossil fuels in the stock market, but obstacles are still standing in their way. A new report produced by Imperial College London and the International Energy Agency (IEA) found that renewables offered investors higher total returns than fossil fuels, and had a lower annualised volatility, making them lower risk
McDermott continues its dialogue with renewable industry leaders to provide the latest market updates on the disruption, challenges and opportunities COVID-19 presents to the industry. This week, we focused on the energy storage market and hosted Chris McKissack, CEO at GlidePath Power Solutions. Glidepath was an early mover in energy storage. GlidePath is now
UK Power Networks (UKPN) is installing new steel core transformers at substations that are set to help support decarbonisation. The amorphous steel core transformers are high efficiency, with the distribution network operator (DNO) to replace around 15,000 transformers over time. This is set to save over 8,500MWh per year and result in a carbon