renewableenergy
For the new venture, the two companies will operate approximately 3,000 high power charging points over the next five years, which will equate to 150kW or more and will be distributed across 300 EV hubs. The fast-charging stations are expected to be able to fully charge an EV battery in up to one hour, due to the use of direct current, instead of alternating current. The hubs will be located in key areas in and around cities and will be provided with renewable energy from both SSE and TotalEnergies. Many hubs are already under construction with the development research needed for several other...
Euronews (English)
EU energy ministers are due to discuss the business case for financing geothermal energy next week during an informal meeting in Budapest, according to an agenda seen by Euronews. Each national delegation will be asked to suggest new ways to “improve the commercial viability” of geothermal investments, notably incentives and cooperation between EU countries related to district heating and cooling — a system for distributing heat and cool generated in a centralised location through insulated pipes for residential and commercial use. Ministers will visit an operational geothermal drill in Tököl,...
Euronews (English)
Industry groups have warned Europe’s energy transition could be hampered if incoming rules on battery manufacturing do not allow firms to factor in long-term contracts for renewable electricity when calculating their carbon emissions. The EU has been actively promoting domestic battery production amid growing geopolitical tensions and fears of undercutting by market leader China – with strict environmental criteria designed to favour greener, European manufacturers. But draft rules on calculating indirect ‘scope 2’ emissions do count ‘power purchase agreements’ (PPA) for green electricity desp...
Euronews (English)
The UK’s new Labour government has scrapped a de facto ban on onshore wind farms in England, opening up the potential for every UK home to be powered by clean energy. New Chancellor Rachel Reeves said in a speech on Monday that she would bring an end to the Conservatives' “absurd” restrictions on the construction of onshore wind farms. The Conservative Party were in power for the last 14 years. Reeves added that decisions should be made nationally and not locally like they previously were. Labour says it will consult on whether large wind farms should be considered as nationally significant in...
Euronews (English)
Shell said on Friday it would register an impairment charge of up to $2 billion, meaning it will downgrade the value of its assets. The write-down is linked to events at Shell's Singapore and Rotterdam plants, which have been sources of disappointment for the firm. On Tuesday, the fuel giant said it would be pausing construction at its biofuel site in Rotterdam, a Dutch port city, because of weak demand. As part of a push to finance more sustainable energy projects, Shell began constructing the plant in 2021. Initial forecasts expected the 820,000-ton-a-year site to become operational by 2025,...
Euronews (English)
Offshore wind has become a staple of renewable energy production. But so far it has been mostly limited to shallow waters, restricting how many countries can take advantage of it. That could soon change thanks to floating wind. The technology consists of a turbine mounted on a buoyant substructure and anchored to the seabed with chains. This means it can be deployed in seas of 300 metres deep and more, compared to the more traditional system of mounting turbines on the seabed, which becomes uneconomical in depths of more than 60 metres. Because it allows wind production in deeper waters, the t...
Euronews (English)
BP, which had been making considerable strides in renewable energy, has recently announced that it would be scaling back on its sustainable energy plans, while refocusing on oil and gas for the foreseeable future. It also announced that it would be implementing a halt on new hiring across the company, as well as temporarily stopping new offshore wind projects. This is mainly due to growing investor anxiety and discontent about the oil giant’s big plans to invest in renewable energy projects, which are considerably capital-heavy. These are viewed as unlikely to generate much returns in the next...
Euronews (English)
Renewable energy was the leading source of electricity in the EU in 2023, according to preliminary data from Eurostat. Renewables accounted for 44.7 per cent of all electricity production generating 1.21 million Gigawatt-hours (GWh) - a 12.4 per cent increase from 2022. Rapid installation of new solar and wind projects across the bloc has helped push this figure up. Electricity from fossil fuels overall fell by 19.7 per cent in comparison, contributing 0.88 GWh or 32.5 per cent of the EU’s power. Natural gas supply fell by 7.4 per cent from 2022 - the lowest it’s been since 1995. The biggest d...
Euronews (English)
A new wind farm in Portugal has obtained environmental approval from the government - and once built it will become the country’s largest. Renewable energy company Iberdrola will integrate the plant into the Tâmega pumped-storage hydro complex in northern Portugal. The new wind farm will have a capacity of 274 MW, able to support the annual consumption of 128,000 homes. Iberdrola says they will introduce a range of measures to safeguard the environment around the new plant. Portugal’s largest wind farm gets the green lightIberdrola has obtained the second and final environmental permit for the...
Euronews (English)
After one of its warmest and wettest winters on record, a general election has been called in the UK for 4 July. Climate has been on the back burner when it comes to campaigning so far. There has been a greater focus on the cost of living, healthcare and security from most politicians. Pledges, policies and plans to tackle the climate crisis haven’t been easy to find. Though the consensus is generally that emissions need to be cut, renewables need to grow and pollution must be reduced, approaches from each of the different parties vary. We’ve taken a look at six of the most pressing climate is...
Euronews (English)
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