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Three priorities for a green recovery in the utilities sector

  • 2020-07-10 13:38:36
  • Junior Isles

By David Hall, Power Systems VP UK & Ireland at Schneider Electric

The utilities industry has a vital role to play in driving a green economic recovery. There are three priorities for the energy industry to consider.

 

Synthesis Analytics launches first tranche of £300m green bond

  • 2020-07-03 11:25:37
  • Junior Isles

Synthesis Analytics, the Swedish innovator combining green high-performance computing (HPC) and intelligent, sustainable district heating, has launched the first £40 million ($49.85 million) tranche of a £300 million fund-raising round to fuel the next stage of its growth.

Tepco plans $18 billion investment into green power by 2030

  • 2020-06-09 06:17:23.338754
  • David Flin

The renewable power unit of Tepco, Japan’s biggest utility, plans to spend over $18 billion over the next ten years to boost its renewable power generation by as much as 70 per cent.

South Korea to shift to 40 per cent clean energy by 2034

  • 2020-05-19 06:39:24.488903
  • David Flin

South Korea plans to start a shift away from thermal and nuclear power generation towards a larger proportion of renewable energy, aiming to reach 40 per cent share by renewable energy by 2034, up from the current 15 per cent.

EIA expects USA to show strong growth in renewable electricity generation at expense of coal

  • 2020-05-14 06:40:20.210638
  • David Flin

Despite a projected decline in total US electricity generation cause by the Covid-19 pandemic, the US Energy Information Administration (EIA) predicts that renewable energy sources will produce significantly more electricity in 2020.

Dominion Energy targets 24GW of renewables and storage

  • 2020-05-05 05:20:18.920419
  • David Flin

The US utility Dominion Energy is planning a major shift towards renewable energy and batteries as it looks to comply with Virginia’s new clean energy law.

Coal finance declining, says IEEFA

  • 2020-04-22 06:53:34.573440
  • David Flin

The Institute for Energy Economics and Financial Analysis (IEEFA) has reported that the credit appeal of coal-fired power plants seems to be in terminal decline.

India moves to ensure renewable projects unaffected by Covid-19 lockdown

  • 2020-04-13 06:24:06.106139
  • David Flin

The Indian Government has taken measures to insulate its renewable energy sector as much as possible from the 21-day lockdown announced on 25 March.

Siemens and Uniper sign agreement to decarbonise power generation

  • 2020-04-09 06:45:13.237101
  • David Flin

Uniper and Siemens Gas and Power have signed a cooperation agreement for the development of projects to decarbonise power generation and promote sector coupling.

Global CO2 emissions from power sector fell 2 per cent last year

  • 2020-03-09 05:57:51.744222
  • David Flin

Global CO2 emissions from the power sector fell by 2 per cent last year, the biggest fall since at least 1990, a result of reduced coal usage in Europe and the USA.

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