Carbon management adoption increasing as part of corporate sustainable development goals
As the urgency to combat global warming intensifies, enterprises are increasingly adopting rapid decarbonisation practices to align their business strategies with sustainable development goals (SDGs). With a focus on addressing the dual crises of climate change and the ongoing destruction of natural ecosystems, businesses are at the forefront of sustainability efforts and are highly interested […]
Research urges more use of excess heat for energy
New data from Danish engineering group Danfoss has highlighted the vast untapped potential of excess heat as a source of energy. In the EU alone, excess heat amounts to 2,860 TWh/y, corresponding almost to the EU’s total energy demand for heat and hot water in residential and service sector buildings such as schools, hospitals, hotels, […]
Aston University touts new industrial CO2 measurement breakthrough
Researchers at Aston University are to take the UK a step nearer to net zero emissions by developing a better system of measuring industrial carbon dioxide. The government is giving the University £100,000 to improve measurement of CO2 streams from sites such as at power plants and factories. The Energy and Bioproducts Research Institute (EBRI) […]
North America set to lead global renewable refinery capacity additions
Renewable refinery fuels/drop-in fuels are gaining importance globally as they are relatively environmentally friendly when compared to crude oil-based refined fuels. As a result, renewable refinery capacity additions are gaining momentum with North America set to witness the highest capacity additions among all the regions. GlobalData’s report, “Renewable Refineries New Build and Expansion Projects Analysis […]
IT service providers actively targeting ESG opportunities
IT services providers that are expanding their portfolios to target environmental, social and governance (ESG) opportunities are making a wise move as many enterprises require assistance developing and implementing ESG-related initiatives, says GlobalData. The leading data and analytics company notes that these companies must continue to adapt to shifting market dynamics to stay ahead of […]
Oil and gas giants taking ‘measured’ steps for energy transition
Oil and gas industry leaders are steadily incorporating transition fuels as well as low-carbon and zero-carbon energy sources into their portfolios, with the contributions of those fuels ‘pivotal’ for a successful energy transition and mitigation of carbon emissions. GlobalData’s thematic report, “Energy Transition in Oil & Gas,” reveals that major oil companies such as BP, […]
Germany to have ‘highest LNG consumption in Europe’
Germany’s reliance on Russian gas and the need to find alternate supplies given the current geopolitical situation between the two countries has set Germany on a course to the highest liquefied natural gas (LNG) consumption in Europe. The country, which previously relied on pipelines from Russia to meet its natural gas needs, is now looking […]
Small businesses call for greater Government leadership in the race to Net Zero
New research suggests small businesses are maintaining a commitment to tackling the climate emergency despite the immediate economic challenges they face – but many would like to see Government take more of a lead to encourage and support the green initiatives of small enterprises. Despite the tough economic climate, the research from Novuna Business Finance […]
Employers ‘aren’t doing enough’ to reduce environmental impact of buildings
New research reveals the impact the energy crisis is having on the UK workforce, as 70% of hybrid workers admit they’re concerned about the cost of working from home as bills skyrocket. The survey of 2,000 UK workers by OnePoll, on behalf of UK smart building technology firm Infogrid, finds that worries over energy usage […]
56% of world’s energy to be generated in APAC region by 2030
Energy decisions made by the leaders of APAC countries in the next few years will have significant impacts on the battle against climate change, with the region expected to generate over half of the world’s energy by 2030. GlobalData’s latest report, ‘Tech in 2030 – Thematic Intelligence’, reveals that the APAC region is expected to experience […]