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Texas has around the same population as Australia and double the grid consumption. And it's been able to add renewables and storage at a rate Australia would envy.

The post Learnings from the Texas grid, and why it’s been able to add so much solar and battery storage appeared first on RenewEconomy.

European carbon prices were slightly lower at midday on Thursday as the market consolidated the gains of the last two days in fairly active trading, while energy markets also fell on technical selling after sharp rises on Wednesday.

Nature and carbon standard-setter Plan Vivo Foundation is developing an initiative for measuring the unintended consequences of conservation activities involved in emerging biodiversity markets.

An Australian-based biodiversity intelligence startup has developed a model incorporating global and local metrics to assess ecosystem and species health, seeking to enhance data comparability and steer companies in nature-related disclosures.

Indonesia is about to increase the scope of its nascent emissions trading scheme, as the coverage threshold for participating coal-fired power plants will be lowered to 25 MW of capacity, the government announced this week.

An effective carbon price can potentially make a greener, hydrogen-based steelmaking process a cost-effective alternative for steelmakers in China and some other Asian countries, a group of researchers have found.

The storm has made landfall in Taiwan, unleashing torrential rain and strong gusts that have claimed at least three lives. Typhoon Gaemi also exacerbated rains in the Philippines, flooding the capital, Manila, and nearby cities, forcing authorities to shut schools, offices and prompting authorities to declare a state of calamity

• Typhoon Gaemi: three dead in Taiwan as storm unleashes torrential rain and strong winds

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Two of the participants in the emerging biodiversity credit market are partnering to align their work with the aim of scaling nature markets in Africa, Europe, and the Americas, Carbon Pulse has learned.

The state government of Sabah in Malaysia will soon launch a Sabah Mangrove Action Plan for the conservation of its mangrove forests, its chief minister has announced.

Xpansiv launched trading of standardised Global Emissions Offset (GEO) contracts on its CBL spot exchange on Monday with 37,606 tonnes trading via the contracts, which are aligned with the Integrity Council for the Voluntary Carbon Market’s (ICVCM) Core Carbon Principles (CCP). 

Chocolate makers Nestle, Mars Wrigley, and Ferrero have written to the European Commission to defend the EU’s anti-deforestation regulation amid calls to delay and revise the legislation to reduce bureaucracy for small farmers.

A decline in short-term coal prices in Europe may set the stage for an increase in consumption of the fuel in the coming winter, as operating costs for coal-fired power plants approach parity with those for gas-fired generation, according to an analyst.

The BASIC group of Brazil, South Africa, India, and China have repeated demands that rich countries ramp up their climate finance contributions, urging them to commit trillions of dollars to assist developing countries in reducing their greenhouse gas emissions.

Determining the global average temperature on any given day is complex. It involves thousands of observations, high-tech equipment and sophisticated computer models. Andrew King, Senior Lecturer in Climate Science, The University of Melbourne Licensed as Creative Commons – attribution, no derivatives.

Amid the big push to orchestrate consumer energy resources, we talk to Andrew Blaver about the successes and dud notes of Western Australia's Project Symphony.

The post Solar Insiders Podcast: Controlling household PV and batteries appeared first on RenewEconomy.

National oil major Petronas has inked a land rental agreement with the Kuantan Port Consortium for the development of a carbon capture and storage (CCS) hub in the state of Pahang in Malaysia, the company said in a release.

Federal Labor tips $250 million into upgrading and expanding the electricity grid in the Northern Territory, as it races to get to 50 per cent renewables.

The post Bowen backs NT renewables drive with $250 million for batteries, solar and grid upgrades appeared first on RenewEconomy.

What do you know about your national currency? How about the cash used overseas? We studied wildlife imagery on banknotes around the world. Here’s what we found. Guy Castley, Associate Professor, School of Environment and Science, Griffith University Clare Morrison, Lecturer in Ecology, Griffith University Licensed as Creative Commons – attribution, no derivatives.

Virtual power plants, community batteries and flexible industrial loads could soon compete directly with coal and gas plants and big batteries, as part of proposed rule change that promises to slash energy costs.

The post New rules will allow consumer energy to compete with coal and gas, make solar visible and power cheaper appeared first on RenewEconomy.

State of the UK Climate report shows sea surface temperatures 0.9C higher than the 1961 to 1990 average

The water near the UK’s coasts was hotter in 2023 than scientists have ever before recorded, a report has found, with children today experiencing a hotter and wetter climate than that in which their parents and grandparents grew up.

The sea surface temperature near coasts was 0.9C hotter and winter rainfall across the country was 24% greater over the last decade than the average from 1961 to 1990, according to the State of the UK Climate 2023 report. It found the number of “hot” (28C) days has more than doubled over that period, and the number of “very hot” (30C) and “extremely hot” (32C) days has more than tripled.

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