Data casts doubt on EU Emissions Trading System
The price of EUAs, the tradeable unit under the EU Emissions Trading Scheme (ETS), jumped from €7.00/tCO2e in 2018 to an 11-year high of €27.46/tCO2e at the beginning of April this year. During the last year, emissions under the carbon trading scheme in Europe fell by 3.5%. A new report, the ICIS Market Insight: The Impact of Higher Carbon […]
APAC shifting towards renewable energy auctions
Asia Pacific (APAC) countries are adopting several strategies and roadmaps to achieve the renewable energy targets designated by their governments. Countries such as India, Kazakhstan, Indonesia, Pakistan and Taiwan have implemented auctions to drive their renewable energy market, according to GlobalData. The company’s latest report ‘Asia Pacific Renewable Energy Policy Handbook 2019’ reveals that regulatory […]
GUEST BLOG: Taking cleaning carbon neutral
Lara Coutinho, ABM UK’s newly appointed Environment and Sustainability Manager reflects on the path to going carbon neutral… In the contemporary marketplace, green initiatives are not just about acting responsibly for local communities and future generations, but are also essential to remaining competitive. This is why sustainability products, such as ABM GreenCare and Leadership in Energy & Environmental Design certification […]
Are you prepared for the future of energy management?
Register today for the Energy Management Summit – It could help you reduce expenditure by matching you up with innovative suppliers who can provide the solutions you require. In addition, you will gain insights into future-proof energy management and career development strategies, thanks to a series of complimentary seminar sessions. Topics include: Be the energy […]
Global battery energy storage market to grow to $13.13bn
The global battery energy storage market will grow to $13.13bn by 2023, with Asia-Pacific (APAC) and EMEA the dominant markets. The report from GlobalData reveals that a fall in technology prices and increasing pace of development in the power market are the primary driving factors for the growth. APAC will continue to be the largest […]
Government told to be ‘ambitious’ on UK’s emissions goals
The UK can end its contribution to global warming within 30 years by setting an ambitious new target to reduce its greenhouse gas emissions to zero by 2050, the Committee on Climate Change (CCC) has said. Ten years after the Climate Change Act became law, the Committee says now is the right moment to set […]
Are you future-proofing your company’s energy needs?
Every business relies on energy for critical tasks – but with this dependence comes risk. As organisations seek to become more sustainable, it’s vital to plan not only for short-term energy needs, but also for long-term energy security. Increasingly, businesses that are digitalising processes are becoming ever more dependent on power to run them, making […]
Building Energy Management Systems (BEMS) market to hit $8.7bn
The global BEMS market will reach $8,713.4 million by 2025, growing at a 12% CAGR, according to new research. Data from ResearchandMarkets asserts that BEMS is a globally evolving market that is poised for double-digit growth for the next 7 years, primarily driven by the trend of high peak demand charges, customers’ commitment towards sustainability, […]
Waste2Tricity and PowerHouse Energy push solution for plastic waste
Waste2Tricity (W2T) has signed a binding heads of terms for engineering services with PowerHouse Energy (PHE), giving it exclusive rights to use innovative technology that turns waste plastic into hydrogen, which can be used for transport fuel. The company says the technology has potential to not only create a green fuel but to clean up […]
Interactive map pinpoints global lead battery energy storage installations
A digital map detailing more than 120 lead battery-powered energy storage projects has been unveiled by the Consortium for Battery Innovation (CBI). The map, published online for the Energy Storage Association’s annual conference held in Phoenix, Arizona, includes diverse case studies demonstrating successful lead battery energy storage installations from the United States, Asia and Europe. The […]