Topics tagged with 'Energy'
Green hydrogen’s falling costs undermines case for blue hydrogen
29 Sep 2021
New research predicts that green hydrogen — a clean fuel produced from water using renewables — will be comparable in cost and likely cheaper than blue hydrogen by 2030.
Government welcomes collaboration between Vector and X
28 Sep 2021
Media Release - A move by Vector to form a strategic collaboration with X, (formerly Google X) to work together on the virtualisation of the Auckland electricity grid highlights the type of innovation that can help decarbonise and decentralise the electricity system, says Energy and Resources Minister Megan Woods.
Getting fuel prices right is key to reducing carbon emissions: IMF
27 Sep 2021
Global fossil fuel subsidies amounted to $6 trillion in 2020, with more than 70 per cent reflecting "undercharging" for environmental costs, which makes it imperative to set the right price for fuels to reduce carbon emissions, the International Monetary Fund has said.
Increasing natural gas prices boosts both clean and dirty generation
24 Sep 2021
An increase in natural gas prices leads to price hikes across the US economy for home heating, fertilizer, chemicals—and wholesale electricity, because of the power sector’s heavy reliance on gas-fired power plants.
China to stop funding overseas coal projects
23 Sep 2021
Chinese President Xi Jinping has said that China would no longer fund the construction of new coal-fired power projects overseas, surprising the world on climate for the second straight year at the United Nations General Assembly.
Coal prices surge as power crunch upends effort to cut emissions
22 Sep 2021
Prices for coal are surging around the world as a shortage of natural gas spurs demand for the dirtiest fossil fuel to generate electricity.
Taranaki protests planned to coincide with COP26
21 Sep 2021
Environmentalist group, Climate Justice Taranaki is coordinating a series of protests to coincide with the COP26 talks in Glasgow in November.
New solar is cheaper to build than to run most existing coal plants
20 Sep 2021
Last week, BloombergNEF’s released estimates for its global benchmark that tracks the levelized cost of electricity, or LCOE, for utility-scale PV and onshore wind. The LCOE looks at the all-in cost to build, operate, and maintain power plants and then calculates the cost per megawatt-hour (MWh) of the energy produced based on all of those inputs.
Fossil fuel firms sue governments across the world for US$18 billion
20 Sep 2021
Fossil fuel companies are suing governments across the world for more than US$18bn after action against climate change has threatened their profits, according to research conducted by campaign group Global Justice Now.
What are the biophysical limits to growth?
17 Sep 2021
Steve Keen, one of the world's leading heterodox economists, is among a high-powered panel of multi-disciplinary experts debating the biophysical limits of growth next Monday.
World’s first carbon-neutral fuel plant breaks ground in Chile
17 Sep 2021
Work has started on a pioneering wind farm on the Magellan Straits in southern Chile that will produce green hydrogen and help Porsche produce e-fuels, with Chilean energy minister Juan Carlos attending the groundbreaking ceremony.
Waste to energy plant proposed for Waimate
15 Sep 2021
A joint venture between a New Zealand firm and Spanish and Chinese waste technology companies is investigating harvesting energy from South Island landfills.
New Norwegian wind turbine five times more efficient
14 Sep 2021
Norwegian company Wind Catching Systems is developing a floating, multi-turbine technology for wind farms that could generate five times the annual energy of the world’s largest, single wind turbine.
Latest Energy Quarterly sees NZ breaking all the wrong records
10 Sep 2021
MBIE’s latest Energy Quarterly is a litany of negative records, with coal imports and emissions from electricity generation hitting all time highs, and the share of renewable generation the lowest since 2013.
Australia could phase out coal in a decade
10 Sep 2021
With coal prices reaching all time highs, professor economics John Quiggan argues its time for the lucky country to commit to phasing out coal within the next decade.
Norway’s oil and money up for grabs in the coming election
10 Sep 2021
Norway’s electorate has an existential choice to face about its Oil Fund, associated with domestic prosperity but looming climate catastrophe.
Fossil fuels must remain in ground to avoid missing Paris target
9 Sep 2021
A new study in Nature reports that oil, gas and coal production must begin falling immediately to have even a 50 percent chance of keeping global temperatures from rising more than 1.5 degrees Celsius.
Digital twins key to creating net-zero cities
9 Sep 2021
Digital twins of buildings and cities could become an essential tool in the battle against climate change, according to technology experts.
Not seeing the wood for the trees—the EU’s environmental blunder
8 Sep 2021
The European Union is leading the world in adopting limits on greenhouse-gas (GHG) emissions, notably via hefty carbon taxes. New policies always experience teething problems but an EU environmental regulation adopted in 2009 has become an embarrassing own goal.
Investment in public transport is not enough: Greens
8 Sep 2021
Media Release - The Green Party welcomes the $6 billion being invested in public transport, walking and cycling through the National Land Transport Programme, as announced by the Minister of Transport today, however says it is nowhere near enough.
Weaponising carbon dioxide in the 21st century
6 Sep 2021
In the 20th century, oil became a major geopolitical weapon, most notably during OPEC’s 1973 oil embargo which caused a cataclysm shift in global power relations. OPEC continues to utilize this weapon to influence policy in the 21st century. Today, however, we are witnessing the development of another energy-related weapon that OPEC does not control: CO2
Europe could miss its 2030 greenhouse gas targets by 21 years
6 Sep 2021
Europe might be making progress on reducing emissions, but its largest utility company doesn't think officials are moving quickly enough. Reuters reports Enel has issued a study warning Europe could be late on reducing greenhouse gas emissions if it continues at its "current pace.
Solar ‘boom’ times as Lebanon’s fossil fuels run dry
3 Sep 2021
With electricity becoming a scarce commodity, thousands of well-off Lebanese are rushing to alternative energy.
A faster, fairer way to retire carbon-emitting assets
2 Sep 2021
New financial instruments are being designed and brought into the fight against climate change. One such potential instrument is the 'carbon retirement portfolio' (CRP).
Zimbabwe opens new coal mines
31 Aug 2021
Zimbabwe's government says more coal mining will create jobs and give the country's power supply a much-needed boost, but critics warn the environmental cost is too high.
China has carbon neutral goals, but at local level old habits die hard
30 Aug 2021
China is aiming to be carbon neutral by 2060, and for its carbon emissions to peak by 2030. But its initial efforts have been undermined regionally, partly by provinces continuing to launch high-energy and high-emissions projects.
Renewable energy and coal use both up
27 Aug 2021
The good news is that New Zealand’s use of renewable energy hit an all-time high of 40% last year, the not so good news is that coal accounted for 5% of electricity production– its highest share since 2013.
Carbon emissions from power sector soar
26 Aug 2021
Global carbon dioxide emissions from the power sector have surged past pre-pandemic levels to reach new highs, a new report examining trends during the first half of 2021 finds.
KiwiSaver funds slowly divesting from fossil fuels
24 Aug 2021
KiwiSaver funds’ investments in fossil fuel companies fell by $331 million in the six months to March, according to data released by ethical investment charity Mindful Money.
Judge overturns U.S. approval of Alaska oil project
20 Aug 2021
A federal judge has reversed the U.S. government's approval of ConocoPhillips' planned $6 billion Willow oil development in Alaska, citing problems with its environmental analysis, according to court documents.
Greenland halts new oil exploration
19 Aug 2021
Greenland has suspended all new oil and gas exploration, the country's government announced Thursday. Government officials said they believe the "price of oil extraction is too high," citing both economic considerations and the fight against climate change.
GHB move shows global market has turned on fossil fuels
19 Aug 2021
The Conversation: The announcement by BHP, the world’s second-largest mining company, that it will shift its oil and gas assets into a joint venture with Australian outfit Woodside is a clear indication the “Big Australian” is getting out of the carbon-based fuel industry
Corporate polluters reaping gains from carbon capture
18 Aug 2021
Over the last year, energy companies, electrical utilities and other industrial sectors have been quietly pushing through a suite of policies to support a technology that stands to yield tens of billions of dollars for corporate polluters, but may do little to reduce greenhouse gas emissions.
“Blue” hydrogen is worse for the climate than coal
16 Aug 2021
Gas companies and utilities are in a pickle. Their entire business model relies on the extraction, transport, and combustion of methane, one of the most potent greenhouse gases known to humankind. With many countries aiming to reach net-zero emissions by 2050, these companies face an uncertain future.
Hutt City to switch to LED lights
12 Aug 2021
The Hutt City Council will replace its 14,200 streetlights with LEDs, introduce EVs for its rubbish and recycling service, and phase out natural gas at all its facilities under a just released Carbon Reduction Plan
How to sell 'carbon neutral' fossil fuel that doesn't exist
12 Aug 2021
The junior traders at TotalEnergies SE were essentially winging it last September by orchestrating the French energy giant’s first shipment of “carbon-neutral” natural gas. It’s the greenest-possible designation for fossil fuel and an important step in making the company’s core product more palatable in a warming world. Nailing down the deal involved googling and guesswork.
UN experts call for more nuclear power stations
12 Aug 2021
The urgent need to reduce emissions and slow global heating, should involve the roll-out of more nuclear power stations, regional UN energy experts argued in a new briefing on Wednesday.
Contact and Genesis announce long-term renewable electricity agreement
12 Aug 2021
Media Release - Contact Energy is set to supply Genesis Energy with renewable electricity for 15 years from 2025, as part of a new, long-term power purchase agreement after key terms were signed yesterday.
Calls for greater solar uptake following power outage
11 Aug 2021
The Sustainable Energy Association and Greenpeace are both calling for more investment in solar energy following Monday night’s power outages.
Could winter tomatoes and capsicums be facing carbon extinction?
9 Aug 2021
The production director of one of New Zealand’s largest capsicum producers says the hike in the cost of carbon is a contributing factor in the decision by an increasing number of growers to quit the industry.
Auckland Council sued over lack of emission reductions
9 Aug 2021
A coalition of climate and transport advocacy groups has filed Court proceedings against Auckland Transport and Auckland Council in relation to its recently adopted land transport plan.
Half US cars to be zero-emission by 2030 - Biden
6 Aug 2021
President Biden wants half of cars sold in the US by 2030 to be zero-emission vehicles, the White House says.
New study into household energy use
5 Aug 2021
A collaboration between BRANZ and Stats NZ will see hundreds of homes assessed as part of a BRANZ study on energy use in New Zealand households.
Costa Rica eyes ban on fossil fuel exploration
5 Aug 2021
Costa Rican lawmakers this week will discuss a bill to permanently ban fossil fuel exploration and extraction, a move that would prevent future governments from pivoting on the issue as the popular eco-tourism destination country aims to decarbonize by 2050.
Surplus renewable energy powers Orkney's hydrogen economy
4 Aug 2021
Perched atop the United Kingdom, ten miles north of mainland Scotland, the Orkney Islands are a wild place. Encircled by roiling waters — the North Sea on one side, the Atlantic Ocean on the other — and battered by winds year round, the weather-lashed archipelago is bracing, beautiful and has in abundance that which others are scrambling to produce: renewable power.
Promising battery technology revealed
3 Aug 2021
Startup Form Energy has finally made public the battery chemistry behind a technology that the company claims could make challenges of integrating renewable energy a thing of the past and outcompete fossil fuels.
Genesis tilts towards renewables as it takes carbon hit
2 Aug 2021
Genesis Energy has announced a partnership with Tilt Renewables for a new wind farm in Northland on the same day as news breaks of the electricity and gas company taking a $53 million one-off hit on its earnings as a result of a dispute over liability for carbon emissions.
More countries hike climate pledges
2 Aug 2021
A group of mostly smaller countries submitted new, more ambitious climate pledges to the United Nations this week, raising pressure on big emitters including China to do the same ahead of a major U.N. climate summit in November.
Hydrogen makes business but not environmental sense: Krumdieck
29 Jul 2021
Shareholder profit rather than environmental sustainability is behind talk of using electricity currently powering the Tiwai Point aluminium smelter to produce hydrogen, professor of mechanical engineering Susan Krumdieck says.
EU's electricity demand jumps but emissions steady
29 Jul 2021
Electricity demand in the European Union has returned to pre-pandemic levels without a corresponding rise in emissions.