The last few years have seen huge swathes of companies make net-zero commitments and other sustainability-related goals. Shansche | Istock | Getty Images Companies need regulation and greater accounta...
Tag: Alternative and sustainable energy
Wave energy device put through its paces during trials in Scotland
The Waveswing wave energy converter photographed in Scapa Flow, Orkney. EMEC Sea-based trials of a wave energy converter weighing 50 metric tons have produced “highly encouraging results,”...
Energy sector needs firms with mentality of Tesla to move forward: CEO
The energy sector requires new companies with the mentality of a Tesla or Amazon to push forward in the years ahead, according to the ex-CEO of energy infrastructure powerhouse Snam. “It took a ...
We’ll continue to invest in hydrocarbons: BP CEO
BP CEO Bernard Looney photographed in Texas on March 8, 2022. During a panel discussion on Oct. 31, 2022, Looney said his firm’s strategy was to “to invest in hydrocarbons today, because t...
Oil is all that Putin has left, presidential advisor Amos Hochstein says
Amos Hochstein photographed in Beirut, Lebanon, on October 27, 2022. Hussam Shbaro | Anadolu Agency | Getty Images Oil is all Russia’s economy has left following its invasion of Ukraine earlier ...
EU pushes ahead with plan to ban new diesel, gasoline cars
An electric car being charged in Germany. The European Union is moving forward with plans to ramp up the number of EVs on its roads. Tomekbudujedomek | Moment | Getty Images The EU’s plans to ph...
Clean energy investment may hit $2 trillion a year by 2030: IEA
Wind turbines photographed off the coast of Wales. Clean energy investment could be on course to exceed $2 trillion per year by 2030, according to the International Energy Agency. Ben Birchall | PA Im...
Emissions reductions pledges ‘nowhere near’ what’s needed, UN says
A boat photographed in Turkey. This year’s COP27 climate change summit will look to build on the work undertaken at COP26 in Glasgow. Temizyurek | E+ | Getty Images Countries are not doing enoug...
UK trial will inject hydrogen into a gas-fired, grid-connected power station
An Iberdrola facility photographed in Spain. Europe is looking to develop a number of hydrogen projects over the coming years. Angel Garcia | Bloomberg | Getty Images Hydrogen will be injected into a ...
French project aims to supply Europe with lithium
A Lithium-ion battery photographed at a Volkswagen facility in Germany. The EU is looking to increase the number of electric vehicles on its roads in the coming years. Ronny Hartmann | AFP | Getty Ima...
U.S. to provide millions in funding for tidal, river current systems
While there is excitement about the potential of renewable technologies such as tidal power, there are challenges when it comes to scaling up. Laro Pilartes / 500Px | 500Px | Getty Images The U.S. Dep...
New project will test the viability of large-scale wave energy
This image shows waters off the coast of Orkney, an archipelago north of the Scottish mainland that’s home to the European Marine Energy Centre. Capchure | Moment | Getty Images A 19.6 million e...
Stellantis debuts electric Jeep, pledges new energy target
The Stellantis CEO Carlos Tavares photographed next to a Jeep Avenger at the Paris Motor Show on October 17, 2022. Nathan Laine | Bloomberg | Getty Images The CEO of Stellantis told CNBC Monday that t...
Sony and Honda plan to start U.S. deliveries of their EV in 2026
Yasuhide Mizuno, the chairman and CEO of Sony Honda Mobility Inc., speaks during a news conference in Tokyo, Japan, on Oct. 13, 2022. Kiyoshi Ota | Bloomberg | Getty Images The Sony-Honda joint ventur...
Green hydrogen project aims to decarbonize Europe’s industrial north
Madrid-headquartered energy firm Cepsa said it would work with the Port of Rotterdam to develop “the first green hydrogen corridor between southern and northern Europe,” in the latest sign...
Orsted to use more fossil fuels as energy crisis continues
Jens Auer | Moment | Getty Images Energy firm Orsted is to continue or restart operations at three fossil fuel facilities after being ordered by Danish authorities to do so, as governments around Euro...
Vestas launches ‘world’s tallest onshore tower for wind turbines’
A Vestas wind turbine photographed in Denmark. The company said Tuesday it would launch an onshore wind turbine tower with a hub height of 199 meters. Jonas Walzberg | Picture Alliance | Getty Images ...
GE to convert gas-fired power station into battery storage facility
Pylons photographed in the U.K. The project involving Centrica and GE will store energy from onshore wind farms in Lincolnshire. Gareth Fuller | PA Images | Getty Images A decommissioned gas-fired pow...
EV drivers in Britain see jump in public charging cost
The U.K. has laid out plans to ramp up the number of electric vehicles on its roads over the next few years. Coldsnowstorm | E+ | Getty Images Electric car drivers in the U.K. have seen the cost of us...
Aviation’s race for breakthrough climate change fuel is just starting
American Airlines jet parked at LaGuardia International Airport in New York. Adam Jeffery | CNBC In 1928, one person crossed the Atlantic; in 2018 there were 4.3 billion passenger journeys recorded. ...
Electric vehicle (EV) sales set to hit an all-time high in 2022, IEA says
Tesla electric cars photographed in Germany on March 21, 2022. According to the International Energy Agency, electric vehicle sales are on course to hit an “all-time high” this year. Sean ...
Big businesses trumpet ESG credentials. Scrutiny is on the rise
As the 2020s progress, discussions about climate change, the environment and issues related to equality and diversity are at the forefront of many people’s minds. The corporate world is no excep...
Siemens commissions German production plant
A Siemens logo in Germany. The industrial giant says that a newly commissioned green hydrogen plant in the country will use wind and solar power from the Wunsiedel Energy Park. Daniel Karmann | Pictur...
Biden announces first round of funding for EV charging network across 35 states
President Joe Biden announced Wednesday the release of the first round of funding for a nationwide electric vehicle charging network, financing the construction of stations in 35 states. “I̵...
Volvo starts series production of heavy-duty electric trucks
This image shows workers at Volvo Trucks’ plant in Sweden. Volvo Trucks Volvo Trucks said Wednesday that production of three heavy duty electric truck models was now underway, with its president...
As Elon Musk backs fossil fuels, one strategist sends warning over EV sales
The uptake of electric vehicles has increased in recent years, as countries around the world attempt to reduce the environmental effects of transportation. Simonskafar | E+ | Getty Images Recent comme...
Water is a critical part of the energy mix
This image, from August 2022, shows a stretch of the Rhine in Germany, which plays a key role in the transportation of goods such as coal. Christoph Reichwein | Picture Alliance | Getty Images The lin...
Energy CEO calls out Europe’s ‘foolish’ dependence on natural gas
Enel’s Francesco Starace photographed during the World Economic Forum in Switzerland on May 24, 2022. During an interview with CNBC on Friday, Starace said dependence on gas was “foolish.&...
Huge offshore wind farm Hornsea 2 is fully operational, Orsted says
One of the turbines at the Hornsea 2 offshore wind farm. According to Danish energy firm Orsted, the facility has a capacity of more than 1.3 gigawatts. Orsted A facility described by Danish energy fi...
Toyota says it will invest extra $2.5 billion in North Carolina plant
A Toyota dealership in Yokohama, Japan, photographed on Feb. 7, 2021. The firm is trying to make headway in the increasingly competitive electric vehicle market. Toru Hanai | Bloomberg | Getty Images ...
Japan is pivoting to more nuclear power — the IEA says it’s good news
This image, from March 2022, shows wind turbines in front of the Hamaoka Nuclear Power Station in Japan. The country is now planning to use more nuclear power in the years ahead. Korekore | Istock | G...