Ad Net Zero supporters, global, and at a national level, are now required to set a public science-based net zero target. This can be done through either the Science Based Targets initiative, a commitment to the UN Race to Zero (including via the SME Climate Hub), The Climate Pledge, or other comparable alternatives. Supporters will also now be required to measure and report their progress annually. Targets will need to be created within 12 months if not already in place and Ad Net Zero will provide guidance to help supporters set, measure and report. An analysis of the industry’s path to net zero, based on the Ad Net Zero’s Global Group publicly reported targets, has been published on adnetzero.com, sharing how many of the industry’s biggest organisations are committing to decarbonisation and by what point. Continue reading
Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s leading clean energy companies, along with Infinity Power, Africa’s largest renewable energy developer, and Hassan Allam Utilities, a sustainable infrastructure focused investment platform, signed an agreement with Egypt’s New and Renewable Energy Authority to secure land to build a 10-gigawatt (GW) capacity onshore wind farm in Egypt, set to be one of the largest in the world, with a project value of over US$ 10 billion. Continue reading
TAE Technologies, the world’s largest private fusion energy company, today announces the formation of a new subsidiary, TAE Power Solutions.
Spun out from TAE Technologies, TAE Power Solutions intends to deliver a first-of-its-kind technology to fundamentally improve the reliability, efficiency, longevity, and affordability of electric-powered products, from vehicles to renewable energy storage. The proprietary technology platform is derived from fusion research, and is a foundational step toward mass onboarding of electric vehicles and deployment of intermittent renewable energy as dispatchable power. Continue reading
A new survey of 6,000 homeowners and renters from across the globe has revealed that nearly 9 in 10 (89%) respondents globally ignore what’s best when it comes to energy efficiency in the home, despite 80% of those surveyed knowing how to use their household appliances in an energy efficient way. Continue reading
The day before new UK chancellor Kwasi Kwarteng’s mini-budget plan for economic growth, a pound would buy you about $1.13. After financial markets rejected the plan, the pound suddenly sunk to around $1.07. Though it has since rallied thanks to major intervention from the Bank of England, the currency remains volatile and far below its value earlier this year.
More than half of the digital data firms generate is collected, processed and stored for single-use purposes. Often, it is never re-used. This could be your multiple near-identical images held on Google Photos or iCloud, a business’s outdated spreadsheets that will never be used again, or data from internet of things sensors that have no purpose.
The conductive fast-charging system as we know it today has drawbacks such as long dwell times, high power demand from the grid, availability and reliability issues, and the need for end-users to deal with heavy cables, dirty connectors, and buggy user interfaces. Battery-swapping is an emerging technology that aims to address all of these shortcomings. Besides easily upgrading battery technology, reducing the purchase price of EVs (by decoupling the cost of the battery from the EV), and massively decreasing charging times, it is also important to note that the battery swapping stations themselves can become independent energy storage facilities with grid-balancing ability. As we electrify the various vehicle segments, can battery swapping be considered a viable recharging strategy for them all? Continue reading
While Norway, the Netherlands and Germany are leading the race on electrification and infrastructure provision with a planned ratio of 3 EVs per public charge point, many European countries are lagging behind. In contrast, there are currently 22 EVs per public charge point in Ireland, and 27.2 EVs per public charge point in the UK. Increasing the number of grid-tied chargers is often a difficult, lengthy and cost onerous process because of grid constraints and aging infrastructure. Continue reading