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The Latest Breaking News on Renewable energy

Belfast energy management company Everun creates 25 jobs

The move is part of a £7.5 million investment over the next three years

Birmingham Post

1 Stock You Won't Regret Buying Ahead of 2023

Leading Oil & Gas company Valero Energy (VLO) seems well-positioned to benefit from its refinery optimization projects, strong energy demand, and outlook for high oil prices. Moreover, the stock is trading above its 50-day and 200-day moving averages, indicating an uptrend. Given its financial strength, promising growth prospects, high-yield dividend…

StockNews.com

Crunch time for UN climate talks as Friday deadline looms

Global climate talks are headed to crunch time on the final scheduled day of negotiations

The Independent UK

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read the most diverse news in one place.

Gas well methane leaks a 'huge' environmental and economic issue, BP's Bernard Looney says

The head of one of the world's biggest oil and gas producers has called for a clampdown on fugitive emissions on economic and environmental grounds, but says fossil fuels are crucial to the renewable energy transition.

ABC News

Confusion, finger-pointing, opposing views at Egypt's COP27

The day before U.N. climate talks were to end, negotiators from around the world appeared to be far apart on any deal to combat climate change

The Independent UK

U.N. carbon market talks to drag beyond COP27 as deals elusive

Talks to establish carbon offset markets to allow countries to buy credits to partly achieve their climate pledges are set to drag on beyond the COP27 summit and into next year, according to observers and a negotiator in the U.N. talks.

Reuters

Energy transitions: why countries respond differently to the same problem

Russia’s invasion of Ukraine upended global energy markets. Sanctions on Russian exports and the suspension of gas deliveries to several European countries sent oil and gas prices skywards.

The Conversation

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Egypt Close to Deals on 1GW of Solar and Wind Projects

COP27 host Egypt is close to signing final agreements to build two wind and solar projects with combined capacity of a gigawatt (GW) to boost the country's lagging renewable power development. High levels of solar irradiation, strong winds and expanses of desert in which to construct plants mean Egypt has…

Asharq Al-Awsat

Wind and solar farms to pay nearly half of windfall profits to Treasury

The windfall tax on renewables, biomass and nuclear power generators will be set at 45%, Jeremy Hunt announced in his autumn statement.

The Independent UK

Hunt confirms go ahead for Sizewell C plant but pressure grows ‘to get on with it’

Jeremy Hunt confirmed the construction of the long-awaited Sizewell C nuclear power plant in Suffolk during his Autumn Statement on Thursday afternoon.

Evening Standard

France’s plan for solar panels on all car parks is just the start of an urban renewable revolution

France has approved legislation that will require all car parks with more than 80 spaces to be covered over by solar panels. This is part of a wider programme that will see solar panels occupy derelict lots, vacant land alongside roads and railways, as well as some farmland.

The Conversation

Activists dismayed by gaping loopholes in Cop27 draft deal

A draft climate deal published by the UN at Cop27 on Thursday has been heavily criticised by green groups for its “vague language”, “lack of structure” and “gaping loopholes”.

Radio France Internationale

Examination of North Lincolnshire Green Energy Park plan begins

Waste from energy, battery storage and green hydrogen proposed in £1 billion cluster west of Scunthorpe

Birmingham Post

EU says COP27 deal needs 'tremendous amount of work'

A tremendous amount of work is needed to turn a draft of a COP27 deal into something the nearly 200 countries at the climate summit can agree on, the European Union's Climate Policy Chief told Reuters on Thursday.

Reuters

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Irish Mirror

Ireland praised for plan to put solar panels on every school in the country at COP27

Our electric An Post fleet of vehicles also won praise

The Conversation

Why fixing methane leaks from the oil and gas industry can be a climate game-changer – one that pays for itself

What’s the cheapest, quickest way to reduce climate change without roiling the economy? In the United States, it may be by reducing methane emissions from the oil and gas industry.

Reuters

COP27: More join methane pact as focus turns to farms

More than 150 countries have signed up to a global pact to reduce methane emissions, around 50 more than when the initiative launched last year, the United States and European Union said on Thursday.

The Guardian - UK

Chancellor extends energy windfall tax to ‘low carbon’ generators

Jeremy Hunt proposes to raise £14bn by also raising levy to 35% and extending it by two years

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Evening Standard

Wind farms to pay higher windfall tax than oil rigs, Chancellor reveals

Jeremy Hunt hopes the taxes can raise around £14 billion for the Treasury between them next year

Salon

France mandates parking lot solar panels

The move could generate enough energy to power over 8 million homes

Nottingham Post

Energy firms to refund £800,000 after overcharging customers with 'unauthorised administration' fee

The overcharging is related to customers who were offered renewable energy deals that let them sell excess power

Liverpool Echo

Hundreds of homes to get £800,000 energy bill refunds after overcharging error

Ofgem said customers were charged an "unauthorised administration fee"

Chronicle Live

Hundreds of households to get energy bill refunds totalling £800,000 after being overcharged

Ofgem found that customers with two energy suppliers are due money back after being charged an 'unauthorised' fee

Reuters

U.N. publishes draft COP27 climate deal

The U.N. climate agency published a first draft on Thursday of a hoped-for final agreement from the COP27 climate summit, repeating many of last year's goals while leaving contentious issues still to be resolved.

AAP

SA navigates over-supply of power

SA has coped with an over-supply of power after the loss of its connection to Victoria left the state unable to export excess renewable energy there.

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