Search results

Energy efficiency

Head and shoulders photo of Mike Umiker against pale grey background with a few dark grey curved lines

23/7/2025 Comment / Mike Umiker

Breaking down barriers to industrial energy efficiency

Is there anything new to say about energy efficiency in industry? Plenty, writes Mike Umiker, Executive Director of the Energy Efficiency Movement – particularly about modern digital transformations and new equipment-as-a-service offerings.

Coal

Head and shoulders photo of Joseph Curtin, Managing Director Power, The Rockefeller Foundation

29/5/2024 Comment / Joseph Curtin

Transition credits will enable emerging markets to retire coal-fired power plants

All told, there are over 6,500 coal-fired units in operation across the world, which collectively will emit an estimated 190bn tonnes of CO₂ over their remaining operational lifetimes. Over 90% of these plants are shielded from competition due to regulation or long-term contracts that guarantee their returns, meaning many coal plant owners and operators have no financial motivation to retire early. If the world has any hope of limiting warming to 2°C, it must come together behind efforts to accelerate the retirement of coal plants in emerging markets, argues Joseph Curtin, Managing Director Power, The Rockefeller Foundation.

Nuclear

17/1/2024 News

Life of UK nuclear power plants to be extended

EDF Energy, which manages the UK’s fleet of nuclear power stations, is planning to invest a further £1.3bn in order to maintain output at current levels until at least 2026, and hopefully beyond. Meanwhile, the UK and US governments are looking to establish domestic supplies of the high-assay low enriched uranium (HALEU) fuel required to power next-generation nuclear reactors in a bid to reduce Russia’s market domination.

Renewables

23/10/2024 News

Asia-Pacific needs $88.7tn of funding to meet Paris Agreement climate goals

The Asia-Pacific region must mobilise nearly $90tn in investments and boost public-private cooperation to meet the ambitious climate goals outlined in the Paris Agreement, according to the latest regional report from BloombergNEF (BNEF). Meanwhile, new analysis from Ember suggests that while demand is outpacing renewables growth in the ASEAN member states, falling clean energy costs could help readdress the balance.

Hydrogen

22/1/2025 Comment / Matthieu Guesné

Europe’s green hydrogen industry has arrived

Despite the great majority of hydrogen currently being made from fossil fuels, the future relies firmly on green hydrogen produced from renewable electricity and water, argues Matthieu Guesné, founder and CEO of Lhyfe, which is already operating several production sites in Europe.

Finance and investment

Graphic of finger pressing a button with the pound sign

17/7/2024 News

UK government’s week one energy initiatives

The UK’s new Labour government has launched a National Wealth Fund to unlock private investment in clean energy, and appointed Chris Stark to lead its Mission Control initiative that aims to accelerate the country’s move away from fossil fuels by 2030.

Solar

14/8/2024 News

Global surge in solar PV inverter shipments highlights China’s dominance, while US and Europe support solar roll-out

The global energy landscape saw a significant shift in 2023, marked by a 56% increase in solar photovoltaic (PV) inverter shipments, to reach 536 GWac. China, a powerhouse in solar energy, accounted for half of these global shipments, underlining its dominant role in the rapidly expanding solar market. Meanwhile, the US and Europe are continuing to invest in solar technologies and projects aimed at meeting ambitious decarbonisation goals and enhancing national energy security.

Finance and investment

AI generated graphic of wind turbines, solar panels with a graph

11/6/2025 News

Global energy investment is set to rise to $3.3tn in 2025 amid economic uncertainty and energy security concerns

A surge in global energy investment (clean technologies + oil and gas) to a record $3.3tn in 2025 is forecast by the International Energy Agency (IEA), with clean energy expected to command double the capital of fossil fuels. But a new KPMG survey suggests that investor appetite is being tempered by policy uncertainty and tech risks.

Offshore wind

3/7/2024 News

European renewables held back by problems at the bidding and planning stages

Aspects of the bidding process in recent European offshore wind auctions, and in onshore UK planning arrangements, have been criticised in separate reports.

Energy storage

Head and shoulders pic of John Leonti and Craig Kline, Partners, Troutman Pepper

31/5/2023 Comment / John Leonti,Craig Kline

Impacts of the Inflation Reduction Act on US battery developers

The Inflation Reduction Act (IRA) aims to increase investment in green technology in the US through a variety of means. One is to expand national battery development through an investment tax credit. John Leonti and Craig Kline, Partners at Troutman Pepper law firm, share their thoughts.

New Energy World™

Search results: