Industry News

Hydrogen

New ABB software cuts green hydrogen production cost by 20%

ABB’s Ability OPTIMAX system cuts production costs by serving each aspect of a hydrogen plant’s lifecycle, from simulation at design and engineering phases to real-time visualisation and monitoring when in operation.

Tech

EV manufacturers increasingly turning to solid-state batteries – Appleyard Lees

Hydrogen

Egypt and India to develop green hydrogen plant in the Suez Canal

Renewables

Stora Enso and Voodin to develop wind turbine blades from wood

Built environment

Building and construction emissions hit all-time high in 2021 – UNEP

Renewables

Wind turbine orders in Europe fall 36% year-on-year

Cleaner fuels

Researchers create low-emission biodiesel by growing microalgae on coffee grounds

Net Zero

1.5°C two months closer as listed companies exceed climate budgets – MSCI

Renewables

Global floating offshore wind pipeline doubles in 12 months

Carbon removal

Global CCS capacity grows 44% in a year

Power

Europe’s largest coal plant can become almost fully renewable

Corporate strategy

Enel tops world ranking for corporate emissions reductions

Hydrogen

Toshiba claims green hydrogen breakthrough with new production technology

Reporting and disclosure

A quarter of companies are “green hushing” their science-based net-zero targets

Reporting and disclosure

First public database of global fossil fuel supply emissions launched

Renewables

Solar powers India towards its 175GW renewables target for 2022

Carbon removal

Puro.earth launches ‘Pre-CORCs’ to validate future CO2 removals

Just transition

Solar PV employs twice as many women as wind – report

Banking

Banks need higher capital requirements for $1.35trn fossil fuels exposure – Finance Watch

Risk management

Asset managers with exposure to carmakers face a ‘ticking carbon bomb’ – report

Hydrogen

Fuel cell electric trucks unlikely to achieve cost parity in Europe before 2030 – ICCT

Renewables

EU solar industry adds 100,000 jobs in 2021

Renewables

China’s Mingyang to power global growth of offshore wind – IEEFA

Renewables

Space-based solar power could help Europe reach net zero – study

Renewables

The Philippines makes its first move towards offshore wind

Heating and cooling

Propane could be the key to sustainable air conditioning – study

Finance

Fossil fuel subsidies doubled in 2021 – OECD and IEA

Electrification

The Inflation Reduction Act’s key incentives for EV adoption

Renewables

Wind powered 32% of US energy capacity growth in 2021

Renewables

Offshore wind could power 25 million California homes by 2045

Automotive

Dutch students develop car that actually captures CO2

Carbon removal

Carbon capture rate overstated – IEEFA

Networks/grids

Integrated power grid would be economic boon for western US – study

Electrification

Gas producers should electrify upstream processes – SWEEP

Hydrogen

Hydrogen emissions understated – NGO

Policy

Inflation Reduction Act could slash US emissions by 41% by 2030 – Energy Innovation

Investment management

OS-Climate launches three open-source climate data tools

Carbon removal

Global CCS rates overestimated by up to 30% – Imperial College London