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Hitting target for zero-carbon electricity system will require ‘step-change’, says analyst Cornwall Insight

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Solar and wind power generation will fall well below the target needed to decarbonise Great Britain’s electricity grid by 2030 without an injection of £48bn, according to a forecast from one of the UK’s leading energy analysis companies.

The government has promised to deliver a zero-carbon electricity system by 2030, requiring the doubling of onshore wind, tripling of solar power and quadrupling of offshore wind capacity.

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A Japanese developer has become the first to propose a cookstove methodology under the Joint Crediting Mechanism (JCM), potentially paving the way for a boost of supply for the scheme.

Suriname has released its updated National Biodiversity Strategy and Action Plan (NBSAP) under the Kunming-Montreal Global Biodiversity Framework (GBF), setting out a broad range of actions to ramp up funding for nature conservation and restoration.

An Indigenous Peoples group in Malaysia’s Pahang state has filed a court case against a palm oil plantation firm as well as the state and federal governments over a proposed palm oil project it says breaches their land rights and endangers wildlife.

The world’s forests have been finely balancing carbon sequestration for the past three decades as the ability of some forests to store the greenhouse gas has dropped while others expanded, a global study of 30 years of data to 2019 found.

The surplus of CO2 permits in China’s national emissions trading scheme fell to negligible levels in the previous compliance cycle, according to government data released over the weekend.

A new way to firm up the world’s electricity grids is fast developing and could be a game-changer – enabling our grids to run on 100% renewables.

The post Sodium-ion batteries set to spark renewable energy revolution – and Australia must be ready appeared first on RenewEconomy.

The Australian Securities Exchange (ASX) is set to launch futures contracts for the Australian and New Zealand carbon markets later this month, however participants say the level of participation and interest will vary considerably between the two jurisdictions.

Danish company gets approval to conduct seabed studies for its proposed 2.8 gigawatt offshore wind project in Gippsland.

The post World’s largest offshore wind developer gets federal nod to start Gippsland studies – with conditions appeared first on RenewEconomy.

New analysis finds adding one gigawatt scale nuclear plant in Queensland would require tens of thousands of rooftop solar systems to be shut off on a daily basis.

The post One nuclear plant could see 45,000 rooftop solar systems shut off each day appeared first on RenewEconomy.

Meridian Energy says New Zealand's second biggest wind farm has began full operations.

The post New Zealand’s second largest wind farm is fully operational appeared first on RenewEconomy.

Policymakers in the Asia Pacific should take into consideration complementary policy options such as power sector reforms and fuel tax changes when drawing up carbon pricing schemes, according to the International Monetary Fund (IMF).

South Korea has circulated a proposal that would let CO2 removed through carbon capture, utilisation, and storage (CCUS) be deducted from company emissions accounts under the nation’s emissions trading scheme, according to local media reports.

Spanish energy giant Iberdrola unveils two new battery storage projects, vastly bigger than the installations it currently owns or operates.

The post Spanish energy giant unveils two huge battery storage projects in Australia appeared first on RenewEconomy.

The largest donation came from Beetaloo Basin gas company Tamboran Resources, which has gifted $28,000 ahead of the Territory election.

The post New data shows Labor fuelling NT election campaign kitty with gas cash appeared first on RenewEconomy.

Analysts have nudged up their short- and medium-term forecasts for EU carbon allowances, though most repeated expectations that any prices rises will remain limited by weak demand from emitters and ample supply.

Opposition in wealthier areas is likely and overcoming it is essential, says Resolution Foundation

The government will need to “take on net-zero nimbys” and ramp up public investment to decarbonise Britain’s homes, transport and electricity system, a leading thinktank has said.

With Keir Starmer promising a rapid transition to decarbonise the power system by 2030, a report by the Resolution Foundation said achieving the target would require more government spending and private investment.

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Toyota has been awarded the gold medal for being the highest emitting sponsor of this year's Olympics, responsible for much higher CO2 emissions than host nation France, in an ironic twist for the event claiming to be the 'greenest games yet'.

Sodium-ion batteries are emerging as a new way to firm up the world’s electricity grids - and they could be a game-changer. Peter Newman, Professor of Sustainability, Curtin University Licensed as Creative Commons – attribution, no derivatives.

Ed Miliband has won the argument that his party must go big to cut carbon emissions. But he will need to go bigger still

Sir Keir Starmer’s legislative plan to green Britain has arrived not a moment too soon. Last week, the government’s advisers warned that only a third of the carbon reductions required by law would be met under existing plans. The Climate Change Committee said that, for the first time since setting itself carbon-reduction targets, the UK is not on track to meet its goal. It is supposed to reduce emissions in 2030 by 68% compared with 1990 levels, to meet net zero by 2050.

The UK should, says the committee, now be in a phase of rapid investment and delivery. But the Tories’ turn against net zero policies has meant little progress on the rollout of low-carbon technology. That is why Labour’s king’s speech, which put the environment at the centre of policymaking, was so welcome. Ed Miliband, the energy secretary, won the argument that the urgency of the climate emergency needed a bigger, more interventionist state.

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