Tag: Energy
Energy Department to Announce Clean Energy Corps, Hire 1,000 Staffers to Work on Climate Change
EnergyThe Energy Department is creating a Clean Energy Corps and launching a hiring portal to attract 1,000 additional workers focused on climate change and clean energy, The Climate 202 has scooped. People who join
World’s Largest Coal Port to be 100% Powered by Renewable Energy
EnergyThe world’s largest coal port has announced it will now be powered entirely by renewable energy. The announcement from Port of Newcastle comes as coal power generation in Australia’s national electricity
M&A Powering Up: The 3 Types of Deals in the New Energy Economy
Energy2021 was a monumental year for the sustainability-focused capital markets. Almost every type of financing vehicle related to climate tech and renewable energy hit all-time highs: SPACs, IPOs, M&A, Growth
Ofgem to Stress-Test Energy Suppliers After String of Bankruptcies
EnergyBritish energy regulator Ofgem has set out measures to boost the financial resilience of suppliers, including stress tests and a review of its policy on price caps, after a string of bankruptcies triggered by soaring
Build Solar-Energy Systems to Last, Save Billions
EnergySolar energy is being adopted the world over. Prices have plunged 100-fold since 1980. By 2023, the installed capacity of photovoltaics globally is expected to surpass 1 terawatt 30–100 TW will be required
Green Upheaval: The New Geopolitics of Energy
EnergyIt is not hard to understand why people dream of a future defined by clean energy. As greenhouse gas emissions continue to grow and as extreme weather events become more frequent and harmful, the current
Brick Ability Buys Renewable Energy Products Company for up to GBP5.5 Mln
EnergyBrick Ability Group PLC said Wednesday that it has acquired renewable energy products company HBS NE Ltd. for up to 5.5 million pounds $7.4 million as part of the company’s plan to broaden its offering to
This Dam Simple Trick is a Big Green Energy Win
EnergyIn November 2019 engineers switched on the 18th and final turbine at Brazil’s Belo Monte Dam: the final step in an odyssey of planning and construction that had started almost 50 years earlier. The vast
Danger unites us: Coalminers on the Frontline of Clean Energy
AnnouncementsThree hundred metres below ground, Sebastian Tirintica operates an elevator at the Livezeni mine in Romania’s Jiu valley. His eyes widen with concentration as he guides the lever to lower the cage, ferrying
Energy, and How to Get It
AnnouncementsFor months, during the main stretch, I’d get inexplicably tired in the afternoon, as though vital organs and muscles had turned to Styrofoam. Just sitting in front of a computer screen, in sweatpants and
Energy Crisis will Set off Social Unrest, Private-Equity Billionaire Warns
AnnouncementsBlackstone CEO Stephen Schwarzman warned Tuesday that high energy prices will likely set off social unrest around the world. We’re going to end up with a real shortage of energy. And when you
Energy Crunch Hits Global Recovery as Winter Approaches
AnnouncementsPower shortages are turning out streetlights and shutting down factories in China. The poor in Brazil are choosing between paying for food or electricity. German corn and wheat farmers can’t find fertilizer
Global Energy Crisis Could Dim Climate Hopes
AnnouncementsAn energy crisis around the world is hitting households and manufacturers that were already struggling to recover from the global pandemic. This is a perfect storm of crises. It features supply shortages, especially from
Global Energy Crunch Spurs Inflation and Scares Green Lobby
NewsEnvironmentalists are terrified. Not that polar bears will soon go the way of the dodo or that melting ice caps will submerge Iceland in the near future. No, the green lobby is very, very concerned that the energy shortage
Ofgem Prepares for Looming Failure of a Leading Energy Supplier
NewsA City firm has been put on standby to take control of a large energy company amid fears that one could collapse soon, overwhelming the existing safety net put in place by the regulator, Ofgem the management
ECB’s Lagarde Warns Energy Price Pressures Could Outlast Covid Supply Shocks
NewsThe volatility in energy prices could outlast the current Covid-related supply issues in the global economy, European Central Bank President Christine Lagarde has said. The euro zone has been impacted, like many
Rescue Loans for Gas Firms Urged over Energy Price Crisis
NewsBusiness Secretary Kwasi Kwarteng will hold crisis talks with industry bosses including Centrica and E.On on Monday. High demand for gas and reduced supply are behind a surge in wholesale prices. Consumers
Previously Skeptical Consumers ‘are Now Thinking About’ Installing Solar Panels’: GAF Energy President
NewsRecently announced legislation that would expand solar tax credits to include integrated solar roofs for homeowners in another push towards renewable energy as the earth’s climate hurtles toward dangerous
Here’s Why the Navy is Betting on Wave Energy Research in Hawaii
NewsThe military and civilian researchers in Hawaii have stepped up efforts to harness the powerful waves and ocean currents off Oahu as a source of renewable energy. The Navy recently gave an infusion of $6 million to
IKEA will Sell Clean Energy to Swedish Homes
NewsIKEA won’t just sell you smart lights it’ll soon sell you the electricity to power those lights, provided you live in the right country. Electrek notes that IKEA has revealed plans to sell clean energy to Swedish homes