Going carbon neutral is a huge undertaking for any company. Pre-planning a route with regular, achievable goals and recognising the importance of accountability will make the journey easier.
By Mark Doyle, Corporate Accounts Manager at Gazprom Energy
US clean energy firm 8 Rivers Capital, acting through its UK subsidiary Zero Degrees Whitetail Development (ZDW), and Sembcorp Energy UK (SEUK), part of Singapore-based Sembcorp Industries, have signed a collaborative agreement to develop the UK’s first net zero emissions power plant.
The leaders of the G7 nations announced they would rapidly scale up technologies and policies that accelerate the transition away from coal capacity, including ending new government support for coal-fired power generation by the end of this year.
A ruling from the Washington DC circuit of the US Court of Appeals, on the day before Joe Biden is to be inaugurated as President, that Trump’s Affordable Clean Energy law was “legally flawed.”
China has launched its long-awaited national carbon emissions trading scheme. Under the scheme, China’s power operators will have to buy emissions permits if their coal plant exceeds carbon intensity benchmarks.
The International Energy Agency (IEA) has released its Electricity Market Report, which states that the COVID-19 crisis will reduce global electricity demand in 2020 by 2 per cent.
The UK has announced a new target to reduce the UK’s emissions by at least 68 per cent by 2030 compared to 1990 levels.
Power sector emissions in Germany reached their highest level last month since before the onset of Covid-19, as lower renewable output and increased cooling demand from a heatwave boosted output from thermal power plants.
The UK system operator National Grid ESO has said that the UK power sector will be operating on a negative-emissions basis by 2033 at the latest if the country sticks to its plan to reach net-zero emissions across the economy by 2050.
Ten US environmental groups have filed a lawsuit against the Trump Administration, arguing its rules for addressing power plant pollution are insufficient to the point that they violate federal law.