Greentech Media · Page 16

Even for an offshore wind industry that is accustomed to all things being supersized, last week was a big week. On Wednesday the U.K. released its 10-point plan to achieve its target of net-zero carbon by 2050. At the top of the list was the already announced…

IBM has spent the past decade advancing smart meter and digital grid technologies around the world, including playing a key role in designing the "Smart Grid Maturity Model" that helped guide investment strategies for hundreds of millions of dollars in U.S.…

Leading global wind turbine manufacturer Vestas has launched a venture capital unit as it looks to stoke the energy transition. Vestas Ventures will focus on four areas: long-duration storage and other grid flexibility technology; "power-to-X" technologies…

President-elect Joe Biden has promised to rejoin the Paris Agreement, an international climate accord adopted in December 2015, on his first day in office. Under the agreement’s rules, that means the U.S. will again become a party to the accord just months…

The next round of the U.K.’s contracts for difference (CFD) program will support up to 12 gigawatts of renewable power projects, the government has said. An increase in the size of the next round was hinted at by Prime Minister Boris Johnson in October.…

Green recovery funds offer efforts to tackle climate change a “once-in-a-lifetime” opportunity, according to former U.N. climate chief Christian Figueres. Countries around the world face a moral imperative not to squander COVID-19 pandemic economic…

California utility regulators want to avoid a repeat of the rolling blackouts that hit during August's record heat wave. The trick is finding meaningful interventions in time for next summer.  That's a tight timeline given the pace of regulatory…

Justin Guay is director for global climate strategy at the Sunrise Project. * * *  On the heels of an historic election that saw Joe Biden use climate as the single biggest motivator to turn out the youth vote in record numbers, expectations for action are…

The evolving investigation into an alleged $61 million bribery scheme involving Ohio lawmakers and new revelations from utility FirstEnergy have led to the resignation of the state’s top utility regulator.  Sam Randazzo, chair of the Public Utilities…

The global peak in oil consumption may already be past us, according to a new report from Carbon Tracker — and China and India's rapid transition to low carbon transport is the reason why.  The report released Friday underscores the role that…

Thursday’s meeting of the Federal Energy Regulatory Commission started off with expressions of comity between its three commissioners. It ended with another round of dissents from its sole Democrat, warning of legal challenges to FERC decisions approved by…

Every pathway toward economy-wide decarbonization drives straight through a dramatic transformation in the electricity sector. But so much of the discussion in that sector focuses on the supply side: how fast will wind and solar displace fossil fuels? what…

In the 1960s, scientists who worked for General Motors and Ford discovered that the exhaust from their cars was very likely changing the climate. They made presentations at conferences. They briefed senior executives. And then, they were publicly contradicted…

Spanish utility Iberdrola is aiming to become one of Europe’s top green hydrogen producers with a 200-megawatt electrolyzer project and plans for 600 MW more.  The 100-million-euro ($119 million) project builds on a 20-megawatt electrolyzer installation…

After months of legal back-and-forth, a ruling in the U.S. Court of International Trade has reinstated tariffs on two-sided solar panels, giving the Trump administration a victory in its waning days.  Despite numerous attempts by the Trump administration to…

The U.S. economy is on track to reduce greenhouse gas emissions 9 percent in 2020 compared to 2019, BloombergNEF reported Thursday. It's a sign of the impact that COVID-19 shutdowns and the ensuing recession have had on life in the U.S. When workers stayed…

The European Commission proposed a 60-gigawatt offshore wind target for 2030 on Thursday, a highly ambitious goal that would require an additional 48 GW of installed capacity in just under a decade. A longer-term 300 GW by 2050 target will also be established…

After years of selling more expensive home battery systems, sonnen launched a new product Thursday to compete on cost with other mainstream options in the U.S. residential energy storage market. The Germany-based company, acquired by oil major Shell in 2019,…

China could have a crucial role to play in the development of a global hydrogen economy, with its massive demand for decarbonization technologies likely to drive large-scale deployments that will help cut costs around the world, according to oil major Shell. …

Invenergy has begun construction on a five-phase, 1,310-megawatt solar center spanning three Texas counties, the energy developer and operator said on Wednesday. The company has already secured offtake agreements with several cities and large corporations for…