A $120bn Nordic asset manager has criticised two large US agricultural traders for moving too slowly to eliminate deforestation risk from their supply chains, as investors increasingly clamp down on environmental destruction in Brazil. Storebrand has placed Illinois-based Archer Daniels Midland and Missouri-based Bunge on its “observation list”, which could eventually lead to divestment. “In…
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Rolls-Royce, the UK aero-engine maker, has launched a competition between regions in England and Wales to be the location of the main factory to build a planned fleet of small nuclear reactors. An industry consortium led by Rolls-Royce has written to several of England’s regional development bodies and the Welsh government asking them to pitch…
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Tucked away in a cupboard of Jonathan Porterfield’s house on Scotland’s northern Orkney archipelago is a glimpse of a future, smarter, energy system. Among the clutter of domestic life is a small box with a digital link to a wind turbine on a nearby island. When there is not enough demand in the local grid…
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Brussels is facing the threat of legal action and the potential sidelining of its landmark sustainable finance rules by EU governments that do not want nuclear power or natural gas to be labelled as green investments. Energy ministers from Austria and Luxembourg told the Financial Times that they would pursue a lawsuit against the European…
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Three reasons why MISO and SPP must jointly plan the transmission system Home Blogs Three reasons why MISO and SPP must jointly plan the transmission system No posts to display
Freezing temperatures in the north eastern US brought heavy snowfall to the region in January, causing widespread disruption and leaving thousands without power. Snowstorms blanketed states including Virginia, New York, Kentucky and New Jersey last week, with numerous weather warnings still in place for the weekend and thousands lacking power. Snow was also forecast on…
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Sunpower will replace faulty connectors on C&I solar arrays Home Solar C&I Sunpower will replace faulty connectors on C&I solar arrays No posts to display
So much for the winds of change. Siemens Gamesa Renewable Energy, which makes wind turbines, kicked off the year with yet another profit warning. This year’s sales are now expected to fall as much as 9 per cent year-on-year, compared with previous guidance of up to 7 per cent. Adjusted ebit margins previously expected to…
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Exactly two years ago I was trudging up the path to a bird reserve. “The Brant geese are here!” enthused the first fellow visitor I passed. “More snow geese are arriving!” announced the second person I ran into. “Jesus is coming!” proclaimed the third. Beat that, Mr Bird Watcher, I thought. Street preachers are rarely…
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An EU proposal to label nuclear power and some natural gas as sources of green energy has come under fire from experts hired by Brussels to help draw up the sustainable investment rules. The group of scientists want Brussels to amend its “taxonomy on sustainable finance” to limit use of gas and nuclear energy or…
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