FEIS represents critical step in federal permitting for lease area with potential to provide 2 Gigawatts of clean, reliable power to the region Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today (March 5) announced that the Bureau of Ocean Energy Management (BOEM) has issued the Final Environmental Impact Statement (FEIS) for its New England Wind lease area [https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.boem.gov%2Fnewsroom%2Fpress-releases%2Fboem-completes-environmental-analysis-proposed-wind-project-offshore-0&esheet=53905758&newsitemid=20240305551327&lan=en-US&anchor=Final+Environmental+Impact+Statement+%28FEIS%29+for+its+New+England+Wind+lease+area&index=1&md5=5631ca41976a7250a5141e09d7258782]. The FEIS represents a significant permitting milestone that brings the project closer to full

A new investment through a green loan facility will help develop more renewable energy projects in Thailand, Indonesia, and Vietnam, with International Finance Corporation (IFC) [https://www.ifc.org/en/home]‘s $64 million to Sermsang Palang Ngan Company Limited (SPN) aiming to address the region’s growing energy demand. The financing package includes an IFC loan of up to $32 million and a parallel loan from Siam Commercial Bank (SCB) for a similar amount, IFC said in a statement on Wednesday. According to the statement, IFC’s

“There’s a use case and it’ll happen,” says Melbourne-based Herbert Smith Freehills (HSF) partner Alison Dodd assessing hydrogen’s role in the energy transition. “But it hasn’t become clear how widespread that role is.” It is not an easy question to answer. Despite being the universe’s most abundant element, pure hydrogen on earth is difficult to source, making its journey towards the ubiquitous fuel some have prophesied bumpy at best. False dawns – as far back as the 1970s following the

A new injection of capital through a green loan facility is set to bolster the development of renewable energy projects in Thailand, Indonesia, and Vietnam, with the International Finance Corporation (IFC) committing $64 million to Sermsang Palang Ngan Company Limited (SPN) to meet the region’s surging energy demands. The financing package includes a $32 million loan from IFC and a parallel loan of a similar amount from Siam Commercial Bank (SCB). This funding will enable SPN to finance the acquisition,

FRICTION FROM THE WEST IS LOOSENING CHINA’S GRIP ON RARE EARTHS ELEMENTS As the world grapples with the urgent need for decarbonization to combat climate change, China’s top position in the production of rare earth elements (REEs) and its growing influence in the carbon credit market have had profound implications for the global energy transition China currently dominates the market supplying over 80% of the world’s rare earth elements. Considered a monopoly in most political circles, its prominent position has

TheUnjust Climate [https://doi.org/10.4060/cc9680en]report highlights the reality that every year in low and middle-income countries, female heads of households in rural areas suffer significantly greater financial losses than men. On average, female-headed households lose eight per cent more of their income due to heat stress and three per cent more due to floods compared with male-headed households. This translates to a significant per capita income reduction of $83 due to heat stress and $35 due to floods, totalling $37 billion and

Envision Energy brings its pioneering Green Hydrogen solution at World Smart Energy Week in Tokyo, Japan, the world’s largest-scale exhibition specialized in renewable energy. TOKYO, March 6, 2024 /PRNewswire/ — Envision Energy, a global leader in green technology, showcased its pioneering green hydrogen solutions at World Smart Energy Week held in Tokyo, Japan from February 28 to March 1, bringing pivotal advancements to the green hydrogen value chain. As one of the world’s most influential renewable energy show, World Smart

The newly revised goals include: * Reduce the amount of CO2 emitted by generation (per megawatt hour, or MWh) by 82% from 2005 levels by 2035 and achieve net-zero carbon by 2050. * Deliver over 4 million MWh of annual aggregate energy savings through energy efficiency by 2035. * Support adoption of 1 million electric vehicles (EVs) in SRP’s service territory and manage 90% of EV charging by 2035. * Achieve 30% reduction in generation-related water use intensity across all

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Polar bear images are a familiar example of visual cliches and stereotyping in climate change photography. However users should be aware of the potential for AI generated images to perpetuate visual stereotypes in much more subtle, but significant ways. When asked to generate “an award winning documentary photograph of climate change” Midjourney’s AI delivered these four images: [https://climateoutreach.org/content/uploads/2024/03/award-winning-documentary-photograph-of-a-victim-of-climate-change-.jpg] [https://climateoutreach.org/content/uploads/2024/03/award-winning-documentary-photograph-of-a-victim-of-climate-change-.jpg]AI generated image. Prompt: “award winning documentary photograph of a victim of climate change”. Midjourney, February 2024. Similarly when asked for “climate

[https://i0.wp.com/solarquarter.com/wp-content/uploads/2019/10/electricity-1330214_1920.jpg?resize=696%2C463&quality=89&ssl=1] [https://i0.wp.com/solarquarter.com/wp-content/uploads/2019/10/electricity-1330214_1920.jpg?fit=1920%2C1277&quality=89&ssl=1]Representational image. Credit: CanvaThe United Arab Emirates (UAE) reaffirms its commitment to clean and renewable energy, securing the second position in the Green Future Index 2023’s Energy Transition category. With visionary leadership from His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Highness Sheikh Mohammed bin Rashid Al Maktoum, the UAE aims for a diverse, prosperous, and sustainable economy. The nation’s declaration almost a decade ago to celebrate the export of the last barrel of oil reflects a

The Canadian Renewable Energy Association (CanREA) is pleased to see the end of Alberta’s moratorium on renewable energy project approvals on February 29, as announced today [https://www.alberta.ca/release.cfm?xID=898196983D0FA-AECA-5F92-FF655CE1369C4E28] by by Alberta Premier Danielle Smith and Minister of Affordability and Utilities Nathan Neudorf. That said, CanREA remains concerned about the considerable level of post-moratorium uncertainty that remains for new projects in the province. The industry is eager to resume after a seven month pause on renewable energy project approvals that created a

The City of Melrose, Massachusetts, has partnered with National Grid, signing a Community Solutions letter of mutual understanding with goals of improving energy efficiency and sustainability for National Grid Customers within the City. The City of Melrose, which created a Net Zero Action Plan [https://nam10.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.cityofmelrose.org%2Fsites%2Fg%2Ffiles%2Fvyhlif3451%2Ff%2Fuploads%2Fmelrose_net_zero_action_plan_v4.pdf&data=05%7C01%7CMichael.Dalo%40nationalgrid.com%7Cf87da277416346ac8f6608dbc5bb5000%7Cf98a6a5325f34212901cc7787fcd3495%7C0%7C0%7C638321180539602253%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=6xdf7MxDB6U19BqcclqWCcg4d44IssVgiK33vGSqCIA%3D&reserved=0] to take collective action in combatting climate change by reducing greenhouse gas pollution by 2050, has been working with National Grid to implement energy efficiency, clean transportation, and sustainability programs helping businesses, residents, and the

This International Women’s Day (8 Mar), Ashden are shining a light on the women who make renewable energy happen – particularly among the world’s poorer communities where energy access is a considerable challenge. This year’s International Women’s Day has the theme Inspire Inclusion’. Traditionally, women have been far down the line after men to be trained in the energy sector, but this is changing all over the world, and particularly in the Global South with regard to clean energy access

[https://energypost.eu/wp-content/plugins/lazy-load/images/1×1.trans.gif][https://energypost.eu/wp-content/uploads/2024/03/Can-Ocean-Energy-Power-Carbon-Removal-150×99.jpg]Ocean-based carbon dioxide removal makes a lot of sense. The oceans are already carbon sinks that absorb about 30% of global carbon emissions. And the concentration of CO2 is higher in water than in air. Caitlin McDermott-Murphy at NREL looks at a new study of the technologies under development, and the opportunities for offshore wind and wave energy to power it. There are nature-based solutions like vast seaweed or algae farms. There are also electrochemical methods that could deliver CO2

The global movement against climate change has sparked a remarkable surge in investor interest in green energy stocks. Companies operating in the renewable energy sector [https://finbold.com/guide/how-to-invest-in-renewable-energy/], such as wind [https://finbold.com/guide/5-best-wind-power-stocks/], solar, hydrogen [https://finbold.com/guide/best-hydrogen-fuel-cell-stocks/], electric vehicles (EVs [https://finbold.com/guide/top-5-ev-stocks-to-buy/]), and energy storage, are attracting significant attention. These companies not only promise financial returns but also offer the opportunity to contribute to a greener future. ESG INVESTMENTS Environmental, social, and governance (ESG [https://finbold.com/guide/what-is-esg-investing/]) investments represent a growing trend in the financial world, emphasizing

A new project has been launched to examine how the planning system can be reformed to help the UK achieve its net zero targets while protecting landscapes, nature, and communities. All the main political parties have promised to deliver planning reforms to help accelerate the development of clean energy infrastructure and enable the building of more homes to help tackle the UK’s housing crisis. But precise details on how these reforms might work in practice remain hazy and campaigners have

Highlights * Research from LUT University Finland has found that to deliver a cost-effective net zero energy system, the UK should seek to harness 27GW of wave energy. * It comes as Swedish wave energy developer CorPower Ocean announces major industry breakthrough after commissioning first full-scale wave energy device. * Marine Energy Council is calling for consistent route to market for wave energy, plus a clear and ambitious target to deploy 300MW by 2035. Wave energy is one of the