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Search Results for carbon storage
The First Carbon Capture and Storage Project in Italy
The first carbon capture and storage (CCS) project in Italy is known as the Ravenna CCS Project, launched exclusively for environmental purposes. Its goal is to reduce carbon dioxide emissions, contributing to the fight against climate change, particularly in industries…
New York Announces ‘Energy Storage Roadmap’ to Hit Low Carbon Goals
New York Governor Andrew M. Cuomo has announced an ‘Energy Storage Roadmap’ to guide the state toward its energy storage target of 1.5GW by 2025. This figure is equivalent to the electricity demand of a fifth of the state’s homes…
Norway Proposes Major Cuts to Carbon Capture and Storage Budget
On the same day at the UK government finally unveiled new funding support for the carbon capture usage and storage sector (CCUS), the Norwegian government proposed cutting its own support for the technology by 90 per cent. Norway, which is…
New Google Data Center to Use Renewable Energy and Battery Storage for Up to 100 Hours
Google plans to build a new data center in the city of Pine Island, in the U.S. state of Minnesota, which will be powered by electricity from new renewable energy sources. In addition, the project includes the installation of an…
Serbia on a Mission to Decarbonize Energy Sector
Despite facing numerous challenges, Serbia remains committed to decarbonizing its energy sector, as demonstrated by amendments to the Energy Law and significant investments in renewable energy sources. We spoke with Rade Mrdak, Advisor to the Minister of Mining and Energy…
Major Carbon Capture Investment to Create Thousands of Jobs in the UK
The United Kingdom has launched the construction of a major carbon capture and storage (CCS) system, expected to create over 2,000 new jobs. The project is part of the UK Government’s broader „Powering Up Britain” strategy, aimed at accelerating the…
EBRD lends up to 105 million euros to Serbia to decarbonise district heating
The European Bank for Reconstruction and Development (EBRD) is providing a sovereign loan of up to 105 million euros to Serbia, through the Ministry of Finance, to benefit Novosadska Toplana Novi Sad, the district heating company of Novi Sad. The…