Utilities
Germany’s Rush on Renewables
Germany has updated their ambitions for a renewable energy transition, aiming to fulfil all electricity needs from renewable sources by 2035. This contrasts against their previously rather vague target of being fossil fuel-free “well before 2040”. There has been increasing pressure for European countries to move away from Russia supplied gas specifically, which has received…
Read MoreRenewed Hope in US Solar
On the 4th February 2022, it was announced that Joe Biden, President of the United States, has renewed four years of tariffs on imported solar panels, which was previously implemented by the Trump administration. The steps have come under both praise and criticism. Praise for the approach in the perspective of increasing a national effort…
Read MorePink Hydrogen
During the World Economic Forum’s annual meeting over the 17th – 21st January 2022, the energy minister of Saudi Arabia, Abdulaziz bin Salman, joked about the progress his country was making towards pink hydrogen generation, stating “We are recruiting, by the way, young Saudi ladies that are happy to see the pink coming along,”. Overlooking…
Read MoreThe alarming state of the UK energy market & the lack of clear-cut solutions
Amid rising global demand for gas and energy and a resultant dwindling supply, the UK has been experiencing rising gas prices across recent months. The energy price cap, which sets the maximum price suppliers in the UK can charge customers on a standard tariff, was risen in October 2021, resulting in around 15 million households…
Read MoreThe Dark Side of Sustainability
In a recent report by the International Energy Agency (IEA), in May 2021, entitled “Net Zero by 2050” concerns regarding the high mineral requirements associated with manufacturing clean energy systems were raised. It has been forecast that if the world is to reach its target of net-zero carbon emissions by 2050, then demand ‘critical minerals’…
Read MoreSSE: The one that could get away?
Just the mention of Elliott Management (henceforth Elliott) strikes fear into the hearts of executives globally; so one could only imagine the worry longstanding SSE CEO Alistair Phillips-Davies felt after hearing Elliott had built a stake in his firm. Elliott’s infamy originates from its activist investment approach. Led by Paul Singer, Elliott builds stakes in…
Read MoreGreen Hydrogen: The past, present, and future of the promising renewable
Renewable or ‘green’ hydrogen is a renewable energy source created through the electrolysis of water. Using renewable energy, hydrogen electrolyzers are used to ‘split’ water into both oxygen and green hydrogen, which can then be transformed into electricity or synthetic gas. The ‘green’ distinction is important as it is markedly different from its ‘grey’, ‘blue’…
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