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Grid management

Electricity pylons silhouetted against sunset sky

27/11/2024 News

Second Scotland-England subsea interconnector is approved

The UK’s electricity grid is set for a significant upgrade following energy regulator Ofgem’s decision to green light the £2.5bn Eastern Green Link 1 (EGL1) project which will transport renewable energy from Scotland to England. This project, along with new battery storage facilities at Lakeside in North Yorkshire and Larks Green in South Gloucestershire, marks a substantial step towards the UK government’s clean power by 2030 target.

Net zero / decarbonisation / energy transition

Row upon row of solar panels in desert, running left to right across image, with setting sun behind

EI Member only

27/11/2024 Feature / Nnamdi Anyadike

Exploring the challenges of net zero: energy security, LNG markets and Saudi Arabia’s decarbonisation plans

Despite numerous governments making plans to move to net zero, and climate activists agitating for faster decarbonisation, consumer behaviours are yet to change. In part this is due to obstacles and roadblocks that were not foreseen when the plans were originally implemented but are now being encountered. These include the Russian invasion of Ukraine and the challenges of delivering a multilateral approach. The WPC Energy UK National Committee Expert Workshop 2024 hosted by Deloitte at its London office on 31 October considered these factors and other challenges. Nnamdi Anyadike reports.

Solar

Head and shoulders photo of Craig Tropea, Account Manager, POWWR

27/11/2024 Comment / Craig Tropea

How microgrids and local generation are good for business

Business premises, particularly those with large roofs, are looking to distributed solar energy generation and microgrid technology to cut their bills and green their power supplies. Craig Tropea, Account Manager with energy software solutions provider POWWR, explains how.

Climate change

27/11/2024 News

G20 declares to better tax billionaires and spend the proceeds on climate action

Leaders at the G20 meeting in Rio de Janeiro, Brazil, closed the Summit on 19 November by announcing a series of commitments aimed at addressing global inequalities and accelerating climate action, including the taxation of billionaires and support for a just energy transition.

Banking, finance and investment

Official representatives of banks during the signing

27/11/2024 News

Emerging markets make headway on clean energy policy and investment

Some developing economies are making significant strides in the energy transition, with clean energy investment rising and policy conditions improving, according to BloombergNEF’s (BNEF) Emerging Markets Energy Investment Outlook and Climatescope reports.

Biofuels

27/11/2024 News

Big Oil bets on biofuels as part of energy transition

The world’s leading oil and gas companies are ramping up investments in biofuels as they navigate the energy transition, with more than 40 projects planned by the end of the decade, according to Rystad Energy’s latest analysis.

Net zero / decarbonisation / energy transition

View across reservoir overlooking dam with hills behind

EI Member only

27/11/2024 Feature / Claire Cortis

Challenges facing ASEAN in the energy transition

The Association of Southeast Asian Nations (ASEAN) brings together a small group of countries that make up an economic powerhouse. Their energy demand is growing; their growth in carbon emissions exceeds the global average; they are home to some of the most vulnerable communities on the planet. Digital Knowledge and Information Manager Claire Cortis AMEI looks at the significant challenges ASEAN members face as they navigate the energy transition.

Banking, finance and investment

Head and shoulders photo of Michiel de Haan, Global Head of Energy Sector, ING, inside room with windows to right and behind

27/11/2024 Comment / Michiel de Haan

Putting financial muscle behind renewable energy’s push into 2030

Renewable energy is competitive, but 2030 targets are challenging. Coordinated action, including continuing political support, will be essential if these are to be met, writes Michiel de Haan, Global Head of Energy Sector at Netherlands-based ING bank, which aims to play its part in accelerating the energy transition through financing.

COP

Close up of protester's raised hands with 'Pay' and 'Up' written on palms of hands

EI Member only

27/11/2024 Feature / Will Dalrymple

What did COP29 achieve for climate finance?

The UN Climate Change Conference (COP29) closed on Saturday 23 November having brokered several new climate finance agreements, including a new finance goal, to help countries to protect their people and economies against climate disasters. Reaction to the agreements has been mixed, reports New Energy World Senior Editor Will Dalrymple.

Off-grid power

Head and shoulders photo of Research Professor Jari Kiviaho with lab equipment in background

13/11/2024 Comment / Jari Kiviaho

Fuel cells – a greener and reliable alternative for off-grid sites

Remote sites reliant on conventional fuel solutions are ripe for a technological revolution, particularly as operations expand into even the most isolated regions. The time is right to embrace more sustainable power solutions, writes Research Professor Jari Kiviaho from VTT Technical Research Centre of Finland.

New Energy World™

Search results:

Second Scotland-England subsea interconnector is approved

Exploring the challenges of net zero: energy security, LNG markets and Saudi Arabia’s decarbonisation plans

How microgrids and local generation are good for business

G20 declares to better tax billionaires and spend the proceeds on climate action

Emerging markets make headway on clean energy policy and investment

Big Oil bets on biofuels as part of energy transition

Challenges facing ASEAN in the energy transition

Putting financial muscle behind renewable energy’s push into 2030

What did COP29 achieve for climate finance?

Fuel cells – a greener and reliable alternative for off-grid sites