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Energy
EU Grants €6m for Energy Efficient Solutions
An investment totalling €4 million (£3.4m) has been granted for further development of energy efficiency services and renewable energy solutions in Europe. Resalta offers tailored energy efficiency solutions to public and private organisations through the Energy Service Company (ESCO) model,…
Coal Prices Continue to Rise, Becoming More Costly Than Solar and Wind Alternatives
Around three-quarters of US coal production is now more expensive than solar and wind energy in providing electricity to American households, according to a new study. “Even without major policy shift we will continue to see coal retire pretty rapidly,”…
Will Copenhagen Be the First Carbon Neutral Capital in the World?
The City of Copenhagen has set itself ambitious goals for the city’s social, economic and environmental development. Copenhagen is to be carbon neutral by 2025 as the first capital in the world. The city plans to achieve these goals through…
Saudi Arabia to Build 2.6GW Solar Plant near Mecca
Saudi Arabia has signed a deal for a 2.6GW solar farm to be built in the Makkah Region. The facility, which will be located near the holy city of Mecca, will supply electricity to Al Faisaliah city and the western…
IEA: Global Carbon Emissions Hit Record High in 2018
Global energy-related carbon dioxide (CO2) emissions hit a new record last year, with an increase of 1.7% globally. That was a result of higher energy consumption, which grew by 2.3% – nearly twice the average rate of growth since 2010,…
New €400m ‘Fossil Free’ District Heating Networks Planned for Amsterdam
A new €400 million (£347m) investment programme for district heating networks aimed at providing “fossil free” heating and hot water in Amsterdam has been announced. It is a provisional joint investment between Swedish power company Vattenfall and waste processing firm…
UK Offshore Oil and Gas Production up by a Fifth over past Five Years
UK offshore oil and gas production has increased by a fifth over the past five years, following 14 years of decline. That’s according to a new report from Oil and Gas UK (OGUK), which suggests momentum is again building around…